Title: Protein Ingredients Market - Forecast(2023 - 2028)
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.
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By Distribution Channel- Segment Analysis North
America is the major region dominating the
Protein Ingredients market with a market share of
42.16 in the year 2020 on account of increasing
consumption of energy bars, cold cereals, and
snacks. The launch of new products by companies
such as Cargill and Mead Johnson focuses on
customer requirements for low saturated fat and
cholesterol-free drinks, thereby rising demand.
Favorable regulation in the United States is
poised to favor regional developments along with
new product growth.
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- Protein Ingredients Market Industry Outlook
- Archer Daniels Midland (ADM)
- Cargill
- CHS
- Roquette
- DuPont
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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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- Data Tables
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