North America to hold significant share in the Global Protein Ingredients Market

1. Growing focus on infant nutrition boosts the Global Protein Ingredients Market Global Protein Ingredients Market expands with the rising usage in breakfast cereals North America to hold significant share in the Global Protein Ingredients Market Market overview: Protein ingredients are basically protein extracts from different sources like milk, meat, soy, etc. The protein ingredient market includes a variety of products that differ in form, protein content, and source. The demand for a particular type of protein is highly dependent on the dynamics of end-use applications. Most of the ingredients have limited usage because they are linked to fewer applications. Recent developments: In May 2020, Cargill and Procter & Gamble collaborated to introduce innovation in natural powder, driving the future of more powerful products. In October 2019, Cargill announced plans to invest $ 225 million in a plant in Sydney, Ohio, to better serve farmers in the area and meet the growing demand for refined proteins and oils. In August 2018, ADM opened a new technical innovation center in Shanghai for the creation of flavors and ingredients. In March 2019, Dupont unveiled its plant protein nuggets through its SUPRO and TURPRO product lines. Market Drivers and Restrains: The increasing consumption of protein powders, as they are essential for muscle growth, together with the increasing demand for plant proteins, is expected to drive the growth of the global protein ingredients market. Increasing need for infant nutrition products due to rising awareness of the health benefits of infant nutrition is supposed to drive the growth of

2. the protein ingredients business. The augmenting popularity of non-bovine milk protein such as goat milk among consumers is expected to drive market growth during the outlook period. Additionally, whey protein is highly concentrated in goat milk, allowing for easy processing and higher yield. The increasing use of protein ingredients in breakfast cereals is an important trend that has been observed in the market and this trend is likely to increase the growth of the protein ingredients market over the outlook period. To know more read: https://www.marketdataforecast.com/market-reports/whey-protein-ingredients-market Market Segmentation: The Protein Ingredients market can be divided based on the Source, Form, and Application. The market, by source, has been segmented into plants and animals. The animal segment is likely to dominate the market during the forecast period. The market, by form, has been segmented into dry and liquid. The dry form is supposed to grow at a higher CAGR during the foreseen period. Also, they have a longer shelf life than the liquid form. The dried forms of protein ingredients of animal and vegetable origin are widely used. On the basis of the application, the market for protein ingredients is segmented into food and beverages, animal feed, cosmetics and personal care and pharmaceuticals. Impact of covid-19 on Protein Ingredients Market The cloud-based kitchen catering and delivery business continues to exist, although sales have declined significantly in the F&B sector. This is just the silver lining for the food and beverage outlets in the wake of this pandemic. The food delivery option serves as a means of serving customers on a limited scale, with the adoption of contactless delivery, a term that emerged after the coronavirus outbreak. Geographical Segmentation: North America is expected to grow at a significant CAGR during the projection period due to increased consumption of energy bars, cold cereals and snacks. Also, the demand for aquaculture products in Europe has increased significantly over the last decade due to the expansion of marine aquaculture, especially in Norway, Denmark and Ireland. Asia-Pacific is

3. supposed to experience the fastest growth, driven by rising exports and domestic demand for plant and animal protein ingredients. China is one of the largest producers of animal and vegetable proteins due to the easy availability of raw materials. Additionally, growth in the health and food and beverage industries is foreseen to drive demand in developing economies like China, India, Indonesia, Malaysia and South Korea over the next few years. Key market players: Global protein ingredients market is dominated by major players like Archer Daniels Midland (ADM), Cargill, CHS, Roquette, DuPont Solae, as well as several other small and medium-scale manufacturers. View sample and decide: https://www.marketdataforecast.com/market-reports/whey-protein-ingredients- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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