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[PDF] Protein Ingredients Market Overview - Key Futuristic Trends and Competitive Landscape 2027
The global protein ingredients market was estimated to account for approx. US$ 37.9 billion in terms of revenue in 2018 and is projected to grow at a CAGR of 6.8% during the forecast period (2019 to 2027).The market for protein ingredients is predicted to rise due to rising demand for insect-sourced proteins, which offer high-quality proteins, vitamins, and amino acids. Exo Protein, a food firm based in the United States, has introduced a variety of protein and supplement bars that employ cricket flour as the base ingredient, according to Coherent Market Insights.
Furthermore, the company raised over US$ 4.0 million in series A fundraising in 2016, indicating strong investor and consumer interest in similar items. As a result, market expansion is likely to be fueled by the increasing demand for insect source protein-based products.
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Key compnies involved in the global protein ingredient market Solae LLC, Archer Daniels Midland Company, Cargill Inc., Glanbia plc, FrieslandCampina DMV B.V., Kerry Group plc, Arla Food Ingredients, ROQUETTE FRERES S.A, Davisco Foods International, Inc., and Sterling Biotech Ltd.
Over the forecast period, the growing popularity of retort beverages is expected to propel market expansion for protein ingredients. Retort beverages are wrapped in a flexible plastic or metal foil with sealed ends to ensure sterility and extend the shelf life of the drink. Coffee, smoothies, and tea beverages with high protein content are few instances of such beverages that are predicted to boost the market expansion of protein components over the forecast timeframe.
The study objectives of Protein Ingredients Market report are:
1) To analyze and study the global Protein Ingredients Market sales revenue, value, status (2017-2018) and forecast (2020-2026).
2) Focuses on the key Protein Ingredients Market manufacturers, to study the sales, value, market share and development plans in the future.
3) To define, describe and forecast the Protein Ingredients Market by type, application, and region.
4) To analyze the global and key regions market potential and advantage, Trends, opportunity, and challenge, and risks.
5) To identify significant trends and factors driving the Protein Ingredients Market growth.
6) To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
7) To strategically analyze each submarket with respect to individual growth trend and their contribution to the Protein Ingredients Market
8) To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the Protein Ingredients Market
9) To strategically profile the key players and comprehensively analyze their growth strategies.
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Reasons to Purchase Protein Ingredients report is:
Gives a complete understanding of the Protein Ingredients Market to express competitor information, analysis, and insights to formulate effective RD strategies.
Collect data of the developing participants having the potentially profitable portfolio in this space and create effective counter-strategies to gain competitive benefits.
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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