Soy And Milk Protein Ingredients Market Key Players Analysis - Archer Daniels Midland Company (ADM), Scoular Company, Cargill Inc., Dupont-Solae.

Global Soy And Milk Protein Ingredients Market Size, Share & Trends Analysis Report By Protein Types (Soy Protein Isolates, Soy Protein Concentrates, Soy Protein Hydrolysates, Others), By Milk Protein Types (Milk Protein Concentrates & Isolates, Casein/Caseinates, Whey Protein Concentrates, Whey Protein Isolates, Whey Protein Hydrolysates), by Applications (Food and Beverages, Infant Formulations, Personal Care and Cosmetics, Animal Feed), By Region, And Segment Forecasts, 2023-2031

The global soy and milk protein ingredients market is estimated to reach over USD 25.66 billion by 2031, exhibiting a CAGR of 7.70% during the forecast period.

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Soy and milk protein ingredients are used in various food products, including meat alternatives, dairy alternatives, protein bars, lotions, shampoos, conditioners, and other personal care products. The market growth is pushed by the increasing demand for natural and organic food and personal care products, the rising popularity of vegetarian and vegan diets, and the growing awareness of the health benefits of soy and milk protein ingredients.

The demand for milk protein components among athletes and fitness enthusiasts has increased substantially. They rely on ready-to-drink milk protein supplements such as whey and casein to aid in muscle growth. The demand for functional ingredients used in infant formula and animal feed production is also expanding. However, the market confronts obstacles such as fluctuating prices for raw materials, competition from alternative protein sources, and stringent regulations.

List of Prominent Players in the Soy And Milk Protein Ingredients Market:
• Archer Daniels Midland Company (ADM)
• Arla Foods amba
• DuPont Nutrition & Health
• Cargill Inc.
• Kerry Group plc
• Associated British Foods plc
• Charotar Casein Company
• Dean Foods Company
• Fonterra Co-operative Group Limited
• Glanbia plc
• Milk Specialties Global (MSG)
• Omega Protein Corporation
• Linyi Shansong Biological Products Co. Ltd.
• Scoular Company
• Solbar Industries Ltd.
• FrieslandCampina DMV

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Market Dynamics:
Drivers-
The market for soy and milk proteins is expanding as public knowledge of the benefits of a diet high in protein increases. Growing health consciousness among consumers and an increase in the prevalence of diseases linked to protein shortage in the body are expected to lead to a shift in consumer preferences toward foods high in protein. The soy and milk protein ingredient market is expected to develop due to expansion in the food and beverage industry brought on by rising consumer and government spending. Additionally, increasing consumer demand for protein-rich food products, the growing acceptance of vegetarian and vegan diets, and the demand for organic and natural food products are some drivers of the soy and milk protein market.

Challenges:
Mineral deficiencies could result from soy protein. Soy products include some anti-nutrients, and consuming large amounts of them as the main source of protein might result in many mineral deficiencies. High phytates in soy can form insoluble complexes with iron, zinc, calcium, and other minerals, and these may prevent the body from properly absorbing the nutrients. Products made from soy contain phytic acid, an organic plant compound that prevents the body from absorbing calcium and other essential minerals. It simply means that consuming too many soy products can negatively affect health. Whey protein and casein are the two types of proteins found in milk. Milk occasionally contains a few toxic casein components that could raise the risk of autism and heart disease. Casein in milk has the potential to cause significant reactions in some youngsters. Thus, these problems impede the expansion of soy and dairy protein ingredients.

Regional Trends:
The North America Soy And Milk Protein Ingredients Market are predicted to record a major market share in revenue and is projected to grow at a high CAGR shortly. Due to their widespread use as a source of protein and other crucial nutrients in foods like meat alternatives, dairy alternatives, and protein bars, soy and milk protein ingredients are in great demand in North America's food and beverage sector. Numerous significant soy and milk protein ingredient producers can be found in North America, which has resulted in the growth of a developed and well-established market for these ingredients.

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Recent Developments:
• In February 2020, Recovery Water, a water-based beverage with high-quality protein and electrolytes to support athletes' post-workout recovery, was introduced by Ascent Protein. It is made utilizing Ascent's patented native whey protein formulation technique, which combines form and function to provide hydration and muscle repair.
• In May 2019, The Archer Daniels Midland Company unveiled its most recent plant-based protein ingredients at IFFA. These ingredients enable efficient meat processing and vegetarian and vegan substitutes to meet modern market demands.

Segmentation of Soy And Milk Protein Ingredients Market-
By Protein Type-
• Soy Protein Isolates
• Soy Protein Concentrates
• Soy Protein Hydrolysates
• Others
By Milk Protein Types-
• Milk Protein Concentrates & Isolates
• Casein/Caseinates
• Whey Protein Concentrates
• Whey Protein Isolates
• Whey Protein Hydrolysates
By Application-
• Food & Beverages
• Infant formulations
• Personal care and cosmetics
• Animal Feed
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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This release was published on openPR.