Protein Ingredients Market SWOT Analysis Of Top Key Player Forecasts Protein Ingredients Market - Global Industry Analy | Page 2
Based on the form, the market is categorized into isolate and concentrate. Protein
concentrates account for a higher share than isolates and are expected to continue
likely this over the next few years, thanks to their wide base of consumer
application.
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North America to Retain Lead in Global Protein Ingredients Market
Regionally, the Middle East and Africa, North America, Latin America, Europe, and
Asia Pacific are considered as the main segments of the worldwide market for
protein ingredients. North America led the overall market in 2016 with a revenue
contribution of US$11.96 bn. Analysts expect the scenario to remain so in the near
future. The increasing health consciousness and awareness about the positive effect
of protein consumption on health is anticipated to boost this regional market over
the next few years.
Europe is another thriving regional market for protein ingredients. However, owing
to maturation, it is likely to lose some shares to Asia Pacific and Latin America in the
years to come. Asia Pacific, on the other hand, is expected to be proved highly
lucrative for market players in the near future due to the increasing industrial
growth, rising disposable income, and the growing population.
Solae LLC, Archer Daniels Midland Co., 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. are some of the leading vendors
of protein ingredients across the world.
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