Title: Protein Ingredients Market - Forecast(2021 - 2026)
1Protein Ingredients MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Protein Ingredients Market size was valued at
35.69 Billion by 2020, and is anticipated to grow
at a CAGR of 7.8 during the forecast period
2021-2026. The Protein Ingredients Market growth
rate is attributed to the growing consumer demand
for plant-based protein alternatives with growing
consumer interest in foods that promote health
and well-being are anticipated to bring new
opportunities. - Owing to the essential amino acid that has
therapeutic effects, protein components are
suitable for nutraceutical applications.
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- Key Takeaways
- North America dominated the Protein Ingredients
Market with a share of 42.16 in the year 2020.
- The factors such as rising demand from food
products such as milk sausages, spicy sauces,
yogurt, spreads, bakery products, cold cuts, and
margarine are amongst the major factor projected
to impel growth of Protein Ingredients Market. - Increased demand for protein features,
recognition of balanced diets and nutritious
foods, new technical advances in the protein
ingredients industry, increased demand for
superior personal care and healthcare products
and increased consumption of animal by-products
are the key factors owing the growth in the
segment during forecast period 2021-2026.
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Protein Ingredients Market Segment Analysis - By
Product Type On the basis of product type, plant
protein segment held the highest segmental
revenue share in 2020. This can be attributed to
the fact that relatively inexpensive price than
the animal-derived variants. As they are
considered to be healthier and more nutritious
than their animal-based counterparts, customers
are gradually embracing plant protein
ingredients. Moreover, new markets are
anticipated to drive the demand for plant
proteins over the forecast period 2021-2026. On
the contrary, animal/dairy proteins segment is
anticipated to witness significant growth along
the forecast period 2021-2026 as the demand for
animal protein ingredients is poised to witness
significant growth owing to clear empirical
evidence about the health benefits provided by
them over the next few years.
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- Protein Ingredients Market Industry Outlook
- Archer Daniels Midland (ADM)
- Cargill
- CHS
- Roquette
- DuPont
- Solae
- Darling Ingredients
- Ingredion
- Kerry
- Bunge
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Protein Ingredients Market - Forecast(2021 -
2026) Learn More About the Report _at_
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gredient-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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