Protein ingredients are large molecules which are formed from one or more chains of amino acids in a specific order. The order is determined by the base sequence of nucleotides in the genes that compose the protein. Mainly, protein ingredients are required for structure, function, and regulation of body’s cells, tissue, and various organs. Generally, protein ingredients are considered important for muscle growth, as proteins help in building muscle mass as well as repair damaged muscle tissue. Due to this reason, the consumption of protein powder is increasing among fitness enthusiasts, athletes, and regular gym-goers. Also, protein ingredients are widely used in the production of food and beverages, personal care products, cosmetics and pharmaceuticals.
Global Protein Ingredients Market: Key Players
The research study includes profiles of leading companies operating in the global protein ingredients market. Key players profiled in the report include: Archer Daniels Midland Company, Cargill, Incorporated, Bunge Limited, DuPont, Agropur Cooperative, Omega Protein Corporation, Glanbia plc, CHS Inc., FrieslandCampina DMV and Arla Food Ingredients.
Drivers for the Global Protein Ingredients Market:
According to current market condition, 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 mainly driving by the socio-economic changes that include 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.
Opportunities for the Global Protein Ingredients Market:
The manufacturers of protein ingredients have huge opportunity from the untapped nutraceutical sector of Asia-Pacific and Latin America. Besides, increasing potential for plant proteins acts as an opportunity for vendors in the protein ingredients market.
Restrains for the Global Protein Ingredients Market:
The major hindrance for the growth of protein ingredients market is the fluctuating raw material prices across the globe. Also, the demand and supply gap of the grains leads to the high prices of protein ingredients, thereby restraining the market growth. However, increasing demand for animal-based protein is also 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 leads to intestine damage, bloating, low blood count and fatigue osteoporosis also hampering the growth of the market.
Region Wise, Global Protein Ingredients Market Analysis:
On the basis of region, global protein ingredients market includes North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is the largest region for the protein ingredients market due to a rise in the growth of the overall economies as well as 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. North America region is followed by Asia pacific and Europe.
Global Protein Ingredients Market: Product analysis
- Plant Proteins
- Animal/Dairy Proteins
Global Protein Ingredients Market: Application analysis
- Foods & Beverages
- Infant Formulations
- Personal Care & Cosmetics
- Animal Feed
Global Protein Ingredients Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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