Food Protein Ingredient Market - PowerPoint PPT Presentation

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Food Protein Ingredient Market


Food Protein Ingredient Market Is Expected to Expand Significant CAGR from 2017 to 2024 – PowerPoint PPT presentation

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Title: Food Protein Ingredient Market

Food Protein Ingredient Market is estimated to
surpass USD 29 Billion by 2025
Key Insights from Food Protein Ingredient Market
  • The global food protein ingredient market, one of
    the most pivotal verticals of the food
    nutrients industry, has been remarkably
    influenced by the shift toward a more
    health-conscious society. Growing consumer
    consciousness and acceptance toward the
    incorporation of vital nutrients in early stages
    have provided food protein ingredient industry
    players with profitable growth opportunities both
    in terms of value and remuneration. In fact, in
    terms of commercialization potential, the global
    food protein ingredient market was pegged at USD
    17.25 billion in 2016 and is further anticipated
    to surpass USD 29 billion by 2024. Industry
    analysts deem the rising income levels,
    governmental backing, and evolution of fancy diet
    trends to have played crucial role in fortifying
    food protein ingredient market outlook.
  • Speaking along similar lines, strong scientific
    research studies authenticating the health
    benefits of proteins have also been a major
    factor fueling food protein ingredient industry
    share. That said, it is also important to mention
    that favorable governmental initiatives toward
    spreading awareness of proper protein intake have
    been assisting in the rising demand for food
    protein ingredients.

  • An instance providing substantiation to the
    growing product innovation trends in this
    business is that of Arla Foods winning an award
    at the 4th annual World Food Innovation Awards
    for its protein pouch format, recently in March
    2018. The company has also strengthened its
    foothold in the sports nutrients market by
    launching a new generation of whey proteins which
    rapidly delivers amino acids to the muscles.
    Archer Daniels Midland Company (ADM) is another
    industry major going the whole hog to collaborate
    and partner with leading companies to enhance the
    commercial scale production of its popular
    invisible soy protein. These products have
    witnessed overwhelming demand from the
    supplements and baby food sectors, in turn adding
    up to food protein ingredient industry expansion.
  • With this business space being characterized by
    strategic alliances and innovative product
    launches, it would be fair to state that food
    protein ingredient market will turn out to be one
    of the lucrative hotbeds of the food nutrition
    industry in the years ahead. Indeed, with a
    supportive RD spectrum and the increasing
    inclination toward health management, food
    protein ingredients market size is expected to
    cross 5.5 million tons by 2024 in terms of volume.

U.S. Food Protein Ingredients Market Size, By
Product, 2016 2024, (Kilo Tons)


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