We have produced a new premium report Soy and Milk Protein Ingredients Market. The report covers the analysis of global as well as regional markets of Soy and Milk Protein Ingredients. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Soy and Milk Protein Ingredients Market by product (milk protein ingredients and soy protein ingredients), application (animal feed, food and beverages, infant formula and personal care and cosmetics) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Soy and Milk Protein Ingredients Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Soy and Milk Protein Ingredients Market are Arla Foods, Archer Daniels Midland (ADM), DuPont (DowDuPont), FrieslandCampina DMV, Associated British Foods, Charotar Casein Company, Dean Foods, Fonterra, Omega Protein and Solbar Industries.
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Soy and Milk Protein Ingredients Market to expand at the CAGR of 7.7%
Due to changing lifestyle and concerns about healthy living and intake of balanced diet, large number of consumers are shifting towards the consumption of alternative and non-meat based proteins, mainly soy and milk proteins. The transition from costly and meat based protein to alternative non-meat based and cheap source is not only limed to few region in the world, due to growing awareness about the adverse impact of the meat consumption on the human body, which is driving the market in short and medium term. The market is, however, expected to be restrained by some health issues as allergies and diseases arising from the consumption of genetically modified soy, availability of alternative source as pea and certain animal proteins in products may obstruct the growth rate of this market. The necessity for protein rich food such as cereals is further likely to drive the growth of the global soy and milk protein ingredients market in the medium and long run. Besides, growing awareness about soy and milk protein ingredients for human health would project soy and milk protein ingredients based products as a rich source of protein among the consumers and drive the market for long term.
North America to emerge as a most lucrative market over coming years
The protein consumption habit of North American population is shifting toward organic based products, and from past soy based protein was used as protein rich feed for animals in North America, but due to excessive cultivation of soy land developed some resistance problem. Hence now this region is importing more and more amount of soy based protein products from different countries. So, this factor would lead the North American market to a great height in long term. Omkar Harane a research analyst at Infinium Global Research found that, the growth in North America is expected to register steady growth rate, due to increasing usage of soy and milk based protein for the human and animal consumption. Omkar Harane further quoted that Asia Pacific is predicted to hold the reins of the international soy and milk protein ingredients market due to 8 of the top 12 soy and soy milk consuming countries are in Asia and demand from these countries is expected to increase in the near future, due to increasing awareness about it and so on.
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Major key Players mentioned in this Research Report
The report provides profiles of the companies in the global soy and milk protein ingredients market such as, Arla Foods, Archer Daniels Midland (ADM), DuPont (DowDuPont), FrieslandCampina DMV, Associated British Foods, Charotar Casein Company, Dean Foods, Fonterra, Omega Protein and Solbar Industries.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global soy and milk protein ingredients market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of soy and milk protein ingredients market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the soy and milk protein ingredients market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the soy and milk protein ingredients market to understand the present and future trends in this market and formulate their strategies accordingly.