The Infinium Global Research analyzes the Protein Ingredients Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global protein ingredients market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of protein ingredients. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the protein ingredients market during the period. The global protein ingredients market is projected to grow at a CAGR of 7.60% over the forecast period of 2018-2024.
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Protein ingredients are molecules that are made from one or more chains of amino acids in a specific order. Protein ingredients are consumed to keep up the level of proteins in a human body and they are the best source to keep the body fit. Protein ingredients are necessary for regulation, structure and function of body tissues, body cells and various organs. Protein as a part of all procedures happening with in cells endorsed as health and wellness ingredients that helps consumers for maintaining better lifestyle through all the stages of life.
As human body is unable to produce vital amino acids that are essential for healing cells they are derived from different sources such as plants and animals. Animals proteins can be derived from fish, milk, meat, eggs and other sources while, plant protein are derived from wheat, rice, pea, and canola. These protein ingredients can be used in various food products such as bakery, beverages, and so on to increase the protein level in the food products. Rich protein diets, combined with low-carbohydrates, are gaining energy as they help to successfully fight against diabetes and obesity.
Growing Consumer Consciousness and Growing Market Acceptance, Mainly for Functional Foods and Dietary Supplements is Boosting the Growth of Protein Ingredient Market
Factors such as growing consumer consciousness and growing market acceptance, mainly for functional foods and dietary supplements is boosting the growth of protein ingredient market. Further, rising inclination of consumers for fortified foods and for foods enhanced with protein ingredients and increasing application of protein ingredients in food and beverage products is also fostering growth of this market in the near future. In addition to this, a rush in health-related issues among consumers has directed them to choose for functional foods that contain the right amount of proteins and other energetic nutrients and this is a major factor driving the growth of this market.
Increasing trend among the fitness-oriented consumers and role of protein-rich foods for building muscle and weight management are further motivating the growth of this market. Besides, growing demand for protein ingredients in different divisions such as cosmetics and pharmaceuticals are inspiring the consumers and demographic changes such as increasing income levels, growth in aged population, and growing urbanization have augmented the demand for protein ingredients worldwide. On the flip side, the growing concerns over the harmful effects of gelatin and the relatively lower consumption of plant proteins may limit the growth of this market over upcoming years.
North America is the Largest Growing Region for the Protein Ingredient Market
Among the geographies, North America is the largest growing region for the protein ingredient market followed by Asia Pacific, while Europe region is the fastest growing region in this market. The growth in North America region for protein ingredient market is due to growing consumption of snacks; energy bars; and cold cereals as this product have high amount protein ingredients, and growing consumers demand for low saturated fat and cholesterol free beverages are boosting the growth of this market. Further, growing health awareness regarding the positive effect of protein consumption on health is expected to drive this regional market.
Additionally, in Asia Pacific region, factors responsible for the growth of this market is due to growing aged population and continually changing climate conditions in countries like India, China, and Australia have upraised concerns for skin problems and these are anticipated to fuel personal care products demand that has resulted in enhancing the overall industrial growth over upcoming years. Upsurge in healthcare and cosmetics industries in India, Japan, and China combined with the low manufacturing cost as compared to the U.S. and European countries, is likely to drive the growth of protein ingredient market in this region.
The report on global protein ingredients market covers segments such as, source and application. On the basis of source the global protein ingredients market is categorized into animal source and plant source. On the basis of application the global protein ingredients market is categorized into food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global protein ingredients market such as, Archer Daniels Midland Company, Omega Protein Corporation, Fonterra Co-Operative Group Ltd, Hilmar Ingredients, Axiom Foods Inc, Nestle SA, Koyo Merchantile Co ltd, Unilever, Hostess Brands Inc and PepsiCo Inc.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-protein-ingredients-market
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the protein ingredients.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.