Protein Ingredients Market Growth By Global Key Players: Cargill, Archer Daniels Midland Company, DuPont, Kerry Group, Omega Protein, Fonterra, Arla Foods, KEWPIE Corporation, GELITA, Bunge, Mead Johnson Nutrition, Roquette, Others-Forecast to 2025
The Global Protein Ingredients Market is growing day by day this report contains all the data needed to as good as the dominating players and become a BRAND. The report contains information like market definition, classifications, applications and market trends and also the Protein Ingredients Market CAGR levels. The report informs the user about all the drivers and restrains which are derived from SWOT analysis and the unique method of Porter's Five Forces Analysis which informs about the threat of new entrants, threat of substitutes, bargaining power of customers, bargaining power of suppliers, Industry rivalry to the organizations in the Global Protein Ingredients industry.
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Major Market Drivers and Restraints:
• Increasing demand for functional proteins
• Rising consumer health awareness
• New technological developments
• Increasing demand for animal products
• Rising demand for superior personal and health care products
• Stringent government regulations
The global protein ingredients market is segmented based on source, application, and geographical segments.
Based on source:
• Animal Source
• Plant Source
The animal source is further sub segmented into:
• Dairy Protein
• Egg Protein
Dairy protein is further sub segmented into:
• Whey Protein
• Casein & Caseinates
• Milk Protein Concentrate
The plant source is further sub segmented into:
• Soy Protein
• Wheat Protein
• Vegetable Protein
The soy protein is further sub segmented into:
• Soy Protein Concentrates
• Soy Protein Isolates
• Textured Soy Protein
Vegetable protein is further sub segmented into:
• Pea Protein
On the basis of application:
• Food and Beverages
• Cosmetics & Personal Care
• Animal Feed
Based on geography:
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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The global protein ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protein ingredients market for global, Europe, North America, Asia Pacific and South America.
Market Analysis: Global Protein Ingredients Market
The Global Protein Ingredients Market is expected to reach USD 73.84 billion by 2025, from USD 49.11 billion in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Proteins are fundamental, structural and functional unit of every cell in the body, and are involved in a variety of metabolic interactions. Protein is an essential factor for growth, repair and the maintenance of good health. Soy, wheat and pea are the key plant proteins, while whey protein, casein & caseinates, egg protein, and gelatin are major animal proteins across the world. The demand for soy protein is increasing at an exceptional rate, due to the increasing usage of soy isolate, concentrates, and texturized vegetable proteins on the large bases. The global market for protein ingredients has observed an exponential growth in the last few years, due to the rising popularity of soy and pea proteins among end users. The rising demand for eggs & dairy products, and development of new products such as micellar casein, is complementing the growth of the market. According to an article published by Frost & Sullivan, it has been found that North America consumes around 30% of the worlds pea protein concentrate. According to an article published by” The progress news “, it has been subjected that the market for sports nutrition is set to grow to USD 45.27 billion, by the year of 2022 globally. The major players in the protein ingredients are making various developments such as launch of new products, opening new research and development centres, and new plants for the growth of the protein ingredients market, for example ADM has opened its new soy processing capabilities at oilseeds plant in Spyck, Germany. The company has also expanded its product range such as Nutriance, which is an innovative wheat protein concentrates.
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