Whey Finance

Global Growth Opportunities for Protein Ingredients

Protein ingredients are the ingredients extracted as hydrolysates, concentrates and isolates from high protein plants and animal sources to serve various application industries. This study primarily focuses on evaluating the growth opportunities of the Protein Ingredients market with respect to Animal Protein Ingredients and Plant Protein Ingredients.

New York, August 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Protein Ingredients Growth Opportunities” – https://www.reportlinker.com/p06130903/?utm_source=GNW

The main driver of the global protein ingredients market is the growing awareness of health and fitness among the 20-40 year old age group, which is driving the demand for sports nutrition products which are convenient to achieve. protein in the diet. The growing food and beverage industry across the globe is also driving the demand for protein ingredients in applications such as bakery, confectionery, and dairy.

Technological advancements in extraction (cold processing), membrane filtration (micro-filtration) technologies, and unique protein functionalities are also driving the growth of the protein ingredients market. In addition, the growth of the flexitarian, vegetarian and vegan population across the world coupled with the growing consumer interest in meat substitutes and meat analogues is increasing the growth of the Plant Protein Ingredients Market. . In Animal Protein Ingredients, Whey Protein Ingredients category is expected to continue leading the Animal Protein Ingredients market over the next 5 years, due to its strong preference for high-end applications. , such as sports nutrition, medical nutrition and adult nutrition products. In the vegetable protein ingredients market, the soy protein ingredient dominates the market due to its excellent amino acid profile and texture characteristics. However, due to concerns over its GMO characteristics, the use of soy protein is gradually declining in developed economies. The pea protein category has seen increasing growth in recent years and is expected to show the highest growth in the coming years due to its user-friendly characteristics such as GMO-free, gluten-free, allergen-free, and sustainability. protein ingredients is studied in North America, Europe, Asia-Pacific and the rest of the world. The market for animal protein ingredients in North America and Europe is relatively mature; Asia-Pacific is expected to drive the growth of Animal Protein Ingredients market in the coming years owing to growing economies, rapid industrialization, increasing disposable income per capita, consumer awareness health and fitness and increased purchasing power of consumers. For the plant protein ingredients market, North America is expected to dominate the market in the next 5 years due to the growing flexitarian population in the country which is focused on reducing their meat consumption and on a diet. herbal. The COVID-19 pandemic has had both positive and negative effects on the protein ingredients market. For the plant protein ingredients market, the pandemic has actually resulted in sales volume growth due to the growing consumer interest in plant protein. For the animal protein ingredients market, the pandemic has resulted in reduced sales volume to some extent due to a disruption in the supply chain, sudden panic among consumers and reduced demand. purchasing power of consumers due to layoffs.
Read the full report: https://www.reportlinker.com/p06130903/?utm_source=GNW

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