Market Research Future (Food and Beverages) Protein Ingredients Market Research Report | Page 4

Protein Ingredients Market Research Report- Forecast to 2022 3 Sample Pages Ready to drink is projected to grow the most among various form of protein ingredients with projected CAGR of 5.18% for the forecasted period 2017-2022. Powder and ready to drink is projected to dominate the protein ingredient forms with more than 50% market share. Unique properties of protein powder which is more convenient than whole foods like meat, fish, eggs and dairy products with inclusion of variety of flavours and enhanced forms which enables it in acceptability by various industrial applications enables powder form the most popular forms of protein powders. Functional foods and sports nutrition currently dominate the market and will continue to be the major end use markets for protein ingredients by 2022. Robust demand for protein rich foods and beverages along with specific requirements like weight management and control, muscle growth will drive higher demand for functional foods and sports nutrition with protein inclusions. Key Findings: The global protein ingredients market is projected to reach 5,547.12 kilo tons by 2022 of 3.87% Functional food will continue to dominate the protein ingredients market with more than 30% market share and it will grow at CAGR of 4.44% by 2022 Ready to drink form of protein ingredient is growing at faster rate compare to other forms with CAGR of 5.29% Page | 4 Copyright © 2017 Market Research Future.