FMI suggests the protein ingredients market was valued at USD 88.6 billion in 2025 and is projected to reach USD 91.3 billion in 2026 and USD 123.9 billion by 2036, expanding at a CAGR of 3.1% during the forecast period. Dry form is expected to lead with a 65% share in 2026, while animal sources account for 28% of overall volume in 2026.