A recent report published by Infinium Global Research on the protein ingredients market provides an in-depth analysis of segments and sub-segments in the global as well as regional protein ingredients market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional protein ingredients market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global protein ingredients market. According to the report, the global protein ingredients market is projected to grow at a CAGR of 5.0% over the forecast period of 2019-2025.
Protein is available in a variety of dietary sources. These include foods of plant and animal origins. They are extracts from different sources such as meat, milk, and soy. The protein ingredients market holds a variety of products that differ in protein content, form and source. It is available in capsules, liquid and powder form in the market. The major end-use markets for protein ingredients are Dietary supplements and functional foods. Protein is found in foods from both animals and plants.
Growing investments in research to substitute high fat, gluten, and cholesterol ingredients with protein fortification mainly in baked goods driving the demand for the market. Furthermore, the protein ingredients market is driving by the socio-economic changes such as increased urbanization, rising incomes and aging populations whereby the contribution of protein to healthy aging is increasingly recognized. Additionally, the growing obesity and consciousness have made consumer's minds to focus on healthy diets with highly nutritive value food and with relatively low-fat this is driving the global protein ingredients market. Moreover, growing populations are likely to become increasingly reliant on plant-proteins, as flexitarian diets are embraced by consumers, and encouraged by health departments. This further provides a growing demand for protein ingredients market. However, increasing demand for animal-based protein is negatively impacting on the environment, it is associated with higher energy use and GHG emissions than plant-based foods. This is restraining the growth of the market. Further, excessive utilization of plant-derived proteins lead to intestine damage, bloating, low blood count and fatigue osteoporosis also hampering the growth of the market. Moreover, the growing potential of dairy and plant Proteins provides a growth opportunity for the protein ingredients market.
North America is the largest region for the protein ingredients market followed by Europe and the Asia Pacific owing to an increase in the growth of the overall economies and a rise in investments by key manufacturers. Further increasing utilization in a wide variety of processed foods, especially in the ready-to-eat product category, growing inclination toward vegan diets are contributing to the growth of the protein ingredients market in this region.
The report on the global protein ingredients market covers segments such as source, form, and application. On the basis of source, the sub-markets include plant, and animal. On the basis of form, the sub-markets include dry, and liquid. On the basis of application, the sub-markets include food & beverages, feed, pharmaceuticals, and cosmetics & personal care products.
The report provides profiles of the companies in the market such as Kerry Group, DowDuPont, ADM, Omega Protein Company, Cargill Corporation, Fonterra Company, Arla Foods, GELITA Company, and AMCO Proteins.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of protein ingredients market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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