Global Protein Ingredients Market : Industry Analysis and Forecast (2019-2027)
Global Protein Ingredients Market was valued at US$ 27.77 Bn in 2019 and is expected to reach US$ 45.2 Bn by 2027, at a CAGR of 7.21% during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Protein Ingredients Market Dynamics:
Based on the application, food & beverages segment is expected to propel the global protein ingredients market growth during the forecast period owing to expansion of the food & beverages industry across the globe. In addition, consumers look for a great product coupled with a pleasing taste and high nutritional value, which is also fueling the global protein ingredients market in a positive way. On the basis of source, plant segment is projected to hold the largest share in the global protein ingredients market as expanding the global vegan population. The growing number of people who are adopting vegan lifestyles across the globe.
The global protein ingredients market is growing rapidly due to increased concerns regarding health and wellness among the population across the globe. Protein ingredients have vast applications in the health and wellness industry, which include post-workout replenishment, pre-workout fuel, and muscle protection. Growing adoption of protein supplements, with advantages like high-calorie intake which is boosting the demand for protein ingredients among consumers. The rise in the craze of health clubs among the youth population globally is also driving the global protein ingredients market in a positive way. Global protein ingredients market is witnessing vibrant growth as the rising popularity of protein ingredients as health supplements. The growing demand for processed food products and energy drinks among consumers across the globe which is also propelling the global protein ingredients market growth in a positive way. Increased trend of rich protein diets, coupled with low-carbohydrates, which is fueling the global protein ingredients market growth.
Global Protein Ingredients Market Regional Analysis:
In terms of region, North America is estimated to contribute to the highest market share as increased growth of the health and wellness industry in this region. Growing demand for products such as energy bars, snacks, and cold cereals, which is estimated to boost the global protein ingredients market growth in the forecast period. Europe is expected to generate the highest CAGR in the global protein ingredients market during the forecast period as a huge consumption of protein-based energy products which rise human productivity. The growing dairy production in Poland is also catering to the overall growth of the European market. The Asia Pacific is expected to drive the global protein ingredients market growth as increased consciousness regarding health among consumers across the globe.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Protein Ingredients Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Protein Ingredients Market.
Global Protein Ingredients Market, Key Highlights:
• Global Protein Ingredients Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Protein Ingredients Market
• Global Protein Ingredients Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Protein Ingredients Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Protein Ingredients Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Protein Ingredients Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
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Scope of the Report Protein Ingredients Market: Inquire before buying
Global Protein Ingredients Market, by Source
• Animal
• Plant
Global Protein Ingredients Market, by Application
• Food & Beverage
• Animal Feed
• Cosmetics & Personal Care
• Pharmaceuticals
• Others
Global Protein Ingredients Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Protein Ingredients Market: Key Players
• Cargill, Incorporated
• Kerry Group
• Arla Foods
• Archer Daniels Midland Company
• DuPont.
• Omega Protein Corporation
• Amco Proteins.
• Fonterra Co-operative Group
• Gelita Ag.
• Hilmar Ingredients.
• A&B Ingredients Inc.
• Agridient Inc.
• Agropur MSI, LLC
• Davisco Foods International, Inc.
• Friesland
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