Growing Potential of Dairy and Plant Proteins to Create Attractive Opportunities in the Protein Ingredients Market

The Protein Ingredients Market size was estimated to be valued at USD 52.5 billion in 2020. It is projected to reach USD 70.7 billion by 2025, recording a CAGR of 6.1%, in terms of value. The major factors driving the protein ingredients market include the increase in demand and consumption of functional food & beverages, growing consumer awareness about healthy diets among people, and increasing demand for protein as nutrition and functional ingredients.
Opportunities: Growing potential of dairy and plant proteins
There is a huge growth potential for the global market, especially dairy and plant proteins. Dairy protein possesses a wide range of functional properties, including thickening & emulsification, gelling, foaming, heat stabilization, and flavor/color development. Its high nutritional quality and versatile, functional properties enable its usage in dairy desserts, nutritional beverages, ice cream, yogurt, spreads, confectionery, and baked goods.

In the plant protein market, the demand for soy proteins is projected to grow in the coming years, owing to the proactive positioning of soy as a sustainable food/protein source, low level of consumer awareness of non-soy protein, and cost advantages. Furthermore, given the high-protein content in soy, as compared to any other plant source, the popularity of soy among the vegan population is likely to boost the consumer inclination toward soy proteins.

Leading companies are Cargill (US), ADM (US), DuPont (US), Kerry Group (Ireland), Omega Protein Corporation (US), FrieslandCampina (Netherlands), Fonterra Co-operative Group Limited (New Zealand), Arla Foods (Denmark), Roquette (France), Gelita AG (Germany), Kewpie Corporation (Japan), AGRANA (Austria), AMCO Proteins (US), Hilmar Ingredients (US), Axiom Foods (US), Burcon Nutrascience (Canada), Rousselot (Netherlands), Foodchem International Corporation (China), A&B Ingredients (US), and Reliance Private Label Supplements (US).

Comments

Post a Comment

Popular posts from this blog

Increased diagnosis of celiac disease and food allergies to Drive the Gluten-free Products Market

Image
The Gluten-Free Products Market Is Projected To Account for USD 6.5 Billion By 2023 Changing lifestyles of consumers and growing awareness about the celiac disease have led to a surge in demand for FDA-certified health-enriching products. An increasing number of health conditions such as high cholesterol levels, obesity, and low energy levels have encouraged retailers to allocate products that align with the health requirements of consumers. To cater to the increasing demand for fat-free products, manufacturers focus on utilizing gluten-free ingredients in their products. According to MarketsandMarkets, the gluten-free products market is projected to account for a value of USD 6.5 billion by 2023, recording a CAGR of 7.6%. Download PDF Brochure The market, based on type, has been segmented into bakery products, snacks & RTE products, pizzas & pastas, condiments & dressings, and others. The market for bakery products is estimated to dominate in 2018, while the snacks & ...
Read more

Growing Demand and Awareness for on-the-go Supplements Driving the Gummy Vitamins Market Growth

The Gummy Vitamins Market  size is estimated to be valued at USD 5.9 billion in 2020 and is projected to reach USD 10.6 billion by 2025, recording a CAGR of 12.5% in terms of value. The increasing prevalence of vitamin deficiencies and undernourishment along with growing demand and awareness for on-the-go supplements, supporting better health among consumers, is driving the majority growth of the global gummy vitamins market. Apart from that, the hike in need for immunity boosting or supporting products, as a preventive healthcare measure, is further rocketing the growth of the market. Download PDF Brochure Multivitamins are cheaper as compared to single vitamins. They also have a high quantity of vitamins, as they contain 10 to 20 different vitamins and minerals. These typically include vitamins A, C, D, E, K, B vitamins, zinc, pantothenic acid, folic acid, magnesium, calcium, and biotin. Most multivitamins contain an overall coverage of nutrients without high dosages. Hence, the ...
Read more

Increasing Cases of Food Recalls to Drive the Growth of Food Diagnostics Market

Image
The market for food diagnostics is projected to grow from USD 13.5 billion in 2020 to USD 19.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. This is attributed to increasing instances of foodborne outbreaks, increasing number of food recalls, growth of international food trade and rising consumer awareness regarding food safety & quality. The initiatives taken by regulatory bodies to improve food safety across geographies is also projected to drive the market growth. Download PDF Brochure The rising concerns regarding the quality and safety of food products owing to an increase in the number of food recalls have led to increased emphasis on the microbiological quality and chemical analysis of food to ensure regulatory compliance for food safety. This has resulted in the introduction of legislations for rigorous testing of food products, which has further led to the growing demand for food diagnostics. These recalls indicate the trends...
Read more