A research study
titled, “Protein
Ingredients Market by Source and Application – Global Industry Analysis and
Forecast to 2025” published by Crystal Market Research, states that the protein
ingredients market is projected to be around $59 billion by 2025.
Proteins are one of the most vital types of molecules in
the human body. They are complex combinations of chemical compounds called
amino acids. Some of the amino acids are produced in the human body whereas
some have to be obtained from our diet. Proteins are utilized for various
purposes in the human body. Many of the hormones in human body such as
progesterone and insulin are proteins. Hemoglobin, a blood protein carries out
oxygen transport to the cells. Muscle proteins such as my oglobin are
responsible for our ability to move. Proteins such as RNA and DNA present in
the nuclei of the cells are responsible for the genetic code.
Browse full research report with TOC on “Protein
Ingredients Market by Source and Application – Global Industry Analysis and
Forecast to 2025” at: https://www.crystalmarketresearch.com/report/protein-ingredients-market
Animal proteins segment occupied a significant share of
the global market in 2016, due to the rising consumption of dairy products and eggs
worldwide and superior nutritional profile as compared to plant protein. Egg
protein segment in animal proteins market will show the fastest growth during
the forecast period with major use in baked items, sports food, and ice cream.
Canola proteins market will experience a favorable growth during the forecast
period with Canada, France, Germany, and India being the major canola producing
countries.
Food and beverage segment accounted for the largest share
of the protein ingredients market. This is attributed to factors such as
increase in demand for functional foods and rising health consciousness among
consumers leading to preference for nutritious diets. The personal care and
cosmetics market will witness highest growth over the forecast period due to
the large scale applications of proteins in sunscreens, shampoos, and different
types of skin creams.
U.S. held the major share of the North American protein
ingredients market in 2016, due to rising preference of consumers towards
healthy product consumption along with government approvals for use in infant
formulas and cosmetics. China will witness favorable growth for protein
ingredients market during the forecast period owing to a rise in consumer spending
on healthcare and increase in purchasing power.
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Research Report @ https://www.crystalmarketresearch.com/report-sample/FB0640
The key strategy followed by the companies operating in
protein ingredients market is mergers and acquisitions. For instance, in
September 2014, Omega Protein Corporation acquired Bioregional Food & Science
Corp. to expand its portfolio in terms of specialty oils, essential fatty acids,
and nutraceutical. In June 2016, Cargill acquired Five Star Custom foods Inc.
of Fort Worth to enhance its cooked protein capabilities. Some of the major
companies in protein ingredients market are Omega Protein Corporation, Archer
Daniels Midland Company (ADM), E. I. duPont de Nemours
and Company, Cargill, Kerry Group PLC. Other companies are Fonterra
Co-operative Group Ltd., Arla Foods, Kewpie Corporation, AMCO Proteins, GELITA
AG, and Hilmar Ingredients.
Key
Findings of the Research Study:
·
Animal proteins market held over three-fourth
share of the protein ingredients market in 2016 due to increased consumption of
eggs and dairy products globally.
·
Egg proteins dominated the animal proteins
market in 2016 holding over two-fifth share due to increasing demand in snacks,
bakery products and dietary supplements.
·
Canola protein market will exhibit a
significant double digit growth rate over the forecast period with Canada being
the largest producer of canola followed by Germany, France and India.
·
North America held the major share of the
global protein ingredients market in 2016 and is expected to lead the market
over the forecast period due to increased health consciousness of the people in
the region.
·
Asia-Pacific market is expected to grow at a
fastest rate over the forecast period owing to the rise in consumer preference
towards products with healthy ingredients.
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Protein
Ingredients Market Segmentation
By Source:
- Plant Proteins
- Pea
- Textured Soy Protein
- Wheat
- Soy Protein Concentrates
- Soy Protein Isolates
- Canola
- Others
- Animal Proteins
- Whey Protein Concentrates
- Whey Protein Hydrolysates
- Whey Protein Isolates
- Egg Proteins
- Milk Protein Concentrates/Isolates
- Gelatin
- Casein/Caseinates
By Application:
- Cosmetics & Personal Care
- Infant Formulations
- Food & Beverages
- Animal Feeds
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest
of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South
Korea
o Rest
of Asia-Pacific
- Rest of the World
o Brazil
o South
Africa
o Saudi
Arabia
o Turkey
o United
Arab Emirates
o Others
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Related Reports:
Nutraceutical Ingredients Market by Type, Application,
Form, and Health Benefit - Global Industry Analysis and Forecast to 2025: https://www.crystalmarketresearch.com/report/nutraceutical-ingredients-market
Pea Protein Market by Product, Form, and Application -
Global Industry Analysis and Forecast to 2025: https://www.crystalmarketresearch.com/report/pea-protein-market
Gelatin Market by Raw Material, Function, and Application
- Global Industry Analysis and Forecast to 2025: https://www.crystalmarketresearch.com/report/gelatin-market
About Crystal
Market Research
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and business intelligence company. Crystal offers one stop solution for market
research, business intelligence, and consulting services to help clients make
more informed decisions. It provides both syndicated as well as customized
research studies for its customers spread across the globe. The company offers
market intelligence reports across a broad range of industries including
healthcare, chemicals & materials, technology, automotive, and energy.
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