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Protein ingredient market drivers of growth analysed in a new research report

Protein Ingredient Market size generated over USD 22 billion in 2015 and expects to surpass 7.1 million tons by 2024.<br><br>Get more details @ https://goo.gl/DZHwV6

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Protein ingredient market drivers of growth analysed in a new research report

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  1. Protein Ingredients Market to hit $40bn by 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Protein Ingredients Market : • Global Protein Ingredient Market size was higher than $22.1 billion for 2015 and forecast to record CAGR of more than 7.1% by end of forecast timeframe. Rising customer consciousness about health advantages from nutrient intake coupled with growing importance of its use in cosmetics segment as well as in food & beverages segment is predicted to industry expansion. • Further, favorable impact on cardiovascular health and diabetes prevention coupled with muscle building has positively stimulated the industry demand. Approvals by European Union and Food & Drug Administration to utilize protein ingredients in customer products coupled with its wider adoption in countries like Canada, Australia and Japan are projected to promote global protein ingredient industry expansion. In addition to this, rising penetration of the application in cosmetic items and personal care items due to its healthy features are projected to propel global protein ingredient market trends.

  3. Continued... • Global protein ingredient industry is segmented into products like dairy proteins and plant proteins. Dairy proteins segment is further sub-segmented into whey protein hydrolysates, milk protein concentrates, gelatin, egg protein, whey protein isolates, caseinates, whey protein concentrates and gelatin. Plant proteins segment is sub-segmented into textured soy protein, wheat, pea, soy protein concentrates, soy protein isolates and canola. • Soy concentrates sub-segment dominated plant ingredient segment demand and was worth higher than $2.1 billion for 2015. Easy digestion, high nutrition value and better fat retention ability are main features stimulating demand of the product. Soy protein use in baked items, poultry, pet foods as milk substitutes for calves and breakfast cereals are key applications driving industry growth.

  4. Europe Plant Protein Ingredients Market size, by product, 2013-2024 (USD Million)

  5. Browse Full Market Research Report On Protein Ingredients Market @ https://goo.gl/DZHwV6 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/721

  6. 360° Analysis • Application Trends • Global protein ingredient market is segmented into applications like animal feed, infant formulation, food & beverages and cosmetics & personal care. • Regional Trends • U.S. protein ingredient market share led the regional industry demand contributing more than $6.6 billion in revenue terms for 2015. Customer choice for healthy items along with government acceptance to utilize these ingredients in infant formulas, food and cosmetics has fueled the regional industry expansion. • Competitive Market Share • Key industry participants profiled in the report include Cargill, Crop Energies Bio Wanze, Archer Daniels Midland, Fonterra, DuPont Solae, CHS, NutraScience, Roquette, Mead Johnson, Rousselot, Bunge, Scoular, Burcon, MGP Ingredients, Tessenderlo and Kewpie Egg Corporation.

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