Protein Ingredients Market is likely to expand at promising CAGR - PowerPoint PPT Presentation

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Protein Ingredients Market is likely to expand at promising CAGR

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Protein Ingredient Market Size By Product,By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024 – PowerPoint PPT presentation

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Date added: 6 December 2019
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Title: Protein Ingredients Market is likely to expand at promising CAGR


1
Protein Ingredients Market to exceed 40bn by 2024
2
Key Insights from Protein Ingredients Market
  • Global Protein Ingredient Market size was higher
    than 22.1 billion for 2015 and forecast to
    record CAGR of more than 7.1 by end of forecast
    timeframe. Rising customer consciousness about
    health advantages from nutrient intake coupled
    with growing importance of its use in cosmetics
    segment as well as in food beverages segment is
    predicted to industry expansion. Further,
    favorable impact on cardiovascular health and
    diabetes prevention coupled with muscle building
    has positively stimulated the industry demand.
    Approvals by European Union and Food Drug
    Administration to utilize protein ingredients in
    customer products coupled with its wider adoption
    in countries like Canada, Australia and Japan are
    projected to promote global protein ingredient
    industry expansion.
  • Global protein ingredient industry is segmented
    into products like dairy proteins and plant
    proteins. Dairy proteins segment is further
    sub-segmented into whey protein hydrolysates,
    milk protein concentrates, gelatin, egg protein,
    whey protein isolates, caseinates, whey protein
    concentrates and gelatin. Plant proteins segment
    is sub-segmented into textured soy protein,
    wheat, pea, soy protein concentrates, soy protein
    isolates and canola.However, low adoption of
    other ingredients owing to lack of consciousness
    can inhibit industry growth. Limited supply of
    soybean as well as rising demand from alternate
    applications and channels are key factors
    projected to affect global protein ingredient
    market price.

3
Continued...
  • Soy concentrates sub-segment dominated plant
    ingredient segment demand and was worth higher
    than 2.1 billion for 2015. Easy digestion, high
    nutrition value and better fat retention ability
    are main features stimulating demand of the
    product. Soy protein use in baked items, poultry,
    pet foods as milk substitutes for calves and
    breakfast cereals are key applications driving
    industry growth. Among plant ingredient, canola
    is predicted to experience high gains and
    predicted to record CAGR of more than 12.1 by
    end of forecast timeline. Pea protein segment
    size can surpass 31 kilo tons by end of forecast
    timeline with higher than 10.1 expansion. Egg
    protein ingredient sub-segment led the dairy
    protein segment and was evaluated at higher than
    10.1 billion for 2015.
  • Whey protein hydrolysate which is the sub-segment
    of plant protein segment is anticipated to record
    greater than 6.6 of CAGR by end of forecast
    timeline. Approval by FDA (Food Drug
    Administration) and USDA (U.S. Department of
    Agriculture) to use these products in medicines
    and bakery items due to its emulsifying features
    is predicted to drive the sub-segment demand.
    Further, its rising use in cosmetics sector owing
    to its enriched supplements in ski and hair items
    is predicted to fuel demand for the product.
    Global protein ingredient market is segmented
    into applications like animal feed, infant
    formulation, food beverages and cosmetics
    personal care.

4
Europe Plant Protein Ingredients Market size, by
product, 2013-2024 (USD Million)

5

Browse Full Market Research Report On Protein
Ingredients Market _at_ http//bit.ly/2PiF1Ip
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/721 etail/49
6
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