Protein Ingredients Market SWOT Analysis Of Top Key Player Forecasts Protein Ingredients Market - Global Industry Analy

Protein Ingredients Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2017 - 2027
Global Protein Ingredients Market: Snapshot
The global market for protein ingredients has been witnessing an exponential
proliferation over the last few years, thanks to the rising popularity of soy and pea
proteins among consumers. The rising demand for eggs and dairy products is also
supporting the growth of this market considerably. Over the coming years, the
increasing consumer demand for ‘purer’ products with low processing is influencing
the development of new products such as micellar casein and native whey, which is
likely to drive this market substantially.
Apart from this, the rising uptake of protein ingredients in food and beverage
products and the growing preference of consumers for fortified foods and foods
enriched with protein ingredients is also projected to add to the progress of this
market in the near future. However, the relatively lower consumption of plant
proteins and the increasing concerns over the harmful effects of gelatin may limit
the progress of this market over the next few years.
The opportunity in the global market for protein ingredients is projected to expand
significantly at the CAGR of 6.50% between 2017 and 2027, rising from a value of
US$31.8 bn in 2016 to US$64.35 bn by the end of 2027.
View Report @ http://www.transparencymarketresearch.com/protein-
ingredients-market.html
Animal Protein to Continue Reporting High Demand
On the basis of the type of product, the global protein ingredients market is
classified into plant and animal proteins. Holding 80% of the overall market animal
protein led the global market in 2016 and is anticipated to maintain this over the
forthcoming years, thanks to the rising consumption of eggs and dairy products
across the world. The high prices of eggs and dairy products are also supporting this
segment in registering high growth.
Soy, wheat, and pea are the key plant proteins available across the world while
whey protein, casein and caseinates, egg protein, and gelatin are major animal
proteins. Among these, the demand for soy protein is likely to increase at an
exceptional rate in the years to come, owing the augmenting usage of soy isolate,
concentrates, and texturized vegetable proteins.