To prepare Protein Ingredients Market research report, certain steps are to be followed for collecting, recording and analysing market data. The rise in market value is generally attributed to the rising growth of the applicable industries and the subsequent rise in demand of applications. Along with competitive analysis of the key players, this Protein Ingredients Market report also serves with complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology. Moreover, for the businesses, it is the most important to get knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product which can be studied via this Protein Ingredients Market report.
Global Protein Ingredients Market is expected to reach USD 73.84 billion by 2025, from USD 49.11 billion in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025.
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Market Competitors:
- Cargill
- Archer Daniels Midland Company
- E. I. Du Pont De Nemours and Company
- Kerry Group PLC
- Omega Protein Corporation
- Fonterra Co-Operative Group Ltd
- Arla Foods
- Kewpie Corporation
- Amco Proteins
- Gelita AG
- Hilmar Ingredients
- Bunge
- Mead Johnson
- Scoular
- Roquette
- Burcon NutraScience
- MGP Ingredients
- MGP Ingredients
- MGP Ingredients
- Tessenderlo
- Kewpie Egg Corporation
- Kewpie Egg Corporation
- Glanbia plc
- FrieslandCampina DMV B.V.
- Davisco Foods International Inc
- Many more
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Competitive Analysis:
The global protein ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protein ingredients market for global, Europe, North America, Asia Pacific and South America.
Report Definition:
Proteins are fundamental, structural and functional unit of every cell in the body, and are involved in a variety of metabolic interactions. Protein is an essential factor for growth, repair and the maintenance of good health. Soy, wheat and pea are the key plant proteins, while whey protein, casein & caseinates, egg protein, and gelatin are major animal proteins across the world. The demand for soy protein is increasing at an exceptional rate, due to the increasing usage of soy isolate, concentrates, and texturized vegetable proteins on the large bases. The global market for protein ingredients has observed an exponential growth in the last few years, due to the rising popularity of soy and pea proteins among end users. The rising demand for eggs & dairy products, and development of new products such as micellar casein, is complementing the growth of the market. According to an article published by Frost & Sullivan, it has been found that North America consumes around 30% of the worlds pea protein concentrate. According to an article published by” The progress news “, it has been subjected that the market for sports nutrition is set to grow to USD 45.27 billion, by the year of 2022 globally. The major players in the protein ingredients are making various developments such as launch of new products, opening new research and development centres, and new plants for the growth of the protein ingredients market, for example ADM has opened its new soy processing capabilities at oilseeds plant in Spyck, Germany. The company has also expanded its product range such as Nutriance, which is an innovative wheat protein concentrates.
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Major Market Drivers and Restraints:
- Increasing demand for functional proteins
- Rising consumer health awareness
- New technological developments
- Increasing demand for animal products
- Rising demand for superior personal and health care products
- Stringent government regulations
Report Segmentation:
The global protein ingredients market is segmented based on source, application, and geographical segments.
Based on source:
- Animal Source
- Plant Source
The animal source is further sub segmented into:
- Dairy Protein
- Egg Protein
- Gelatine
Dairy protein is further sub segmented into:
- Whey Protein
- Casein & Caseinates
- Milk Protein Concentrate
The plant source is further sub segmented into:
- Soy Protein
- Wheat Protein
- Vegetable Protein
The soy protein is further sub segmented into:
- Soy Protein Concentrates
- Soy Protein Isolates
- Textured Soy Protein
Vegetable protein is further sub segmented into:
- Pea Protein
- Others.
On the basis of application:
- Food and Beverages
- Cosmetics & Personal Care
- Animal Feed
- Pharmaceuticals
Based on geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Protein Ingredients Market?
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