Transparency Market Research (TMR) offer a 10-year forecast for the protein ingredients market between 2017 and 2027. In terms of value, the market is expected to register a CAGR of 6.5% during the projected period. The primary objective of the report is to offer insights on the advancements in the protein ingredients market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global protein ingredients market over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global Protein Ingredients market.
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Growing popularity of plant protein ingredients is expected to push certain key products, such as soy and pea proteins to grow at high rates over the forecast period. But this growth is offset by relatively lower overall consumption of plant proteins. Despite the decreasing popularity of gelatin, egg and dairy products are expected to witness considerable demand in the future. Increasing consumer demand for ‘purer’ products with low processing is enabling development of new products such as micellar casein and native whey. The other factors driving the market are increasing adoption of protein ingredients in food and beverage products, and growing consumer preference for fortified foods or foods enriched with protein ingredients.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities. Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global Protein Ingredients market.
Key players in the global protein ingredients market include Protein Ingredients suppliers and customers. Protein Ingredients manufacturers include Solae LLC, Archer Daniels Midland Company, Cargill Inc., Glanbia plc, DMV International B.V, Kerry Group plc, ROQUETTE FRERES S.A, Davisco Foods International, Inc., Arla Food Ingredients, and Sterling Biotech Ltd.
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