Global Protein Ingredients Market: High Use of Protein Supplements by Sports Persons and Athletes to Boost Demand, says TMR

Transparency Market Research (TMR) in its latest report, studies the global protein ingredients market. The report is titled, “Protein Ingredients Market (Product - Animal Protein (Whey Protein, Casein and Caseinates, Milk Protein, Egg Protein, and Gelatin) and Plant Protein (Soy Protein, Wheat Protein, and Pea Protein); Form - Isolate and Concentrate; Application - Supplements and Nutritional Powders, Beverages, Protein and Nutritional Bars, Bakery and Confectionery, Breakfast cereals, Meat and Meat Products, Dairy Products, Infant Nutrition, and Animal Feed) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2027.”

The growing health awareness among consumers and rising interest in fitness and physical strength will boost the demand for various proteins. An increase in the consumption of dairy products is expected to aid the growth of protein ingredients market. The popularity of pea and soy proteins is also seeing an upward trend boosting the market. Increasing interest in sports and athletics is creating a heightened demand for protein supplements, which in turn is fueling the demand for protein ingredients. The number of people visiting the gym and fitness centers has increased in the past few years, and this is also spelling growth in the demand for protein supplements as gym trainers often recommend protein supplements. On the other hand, the cost of production is volatile and thus, the market can be restricted due to this constraint.

In this report, the global protein ingredients market is segmented on the basis of product, application, and geography. By application, the infant nutrition products market is expected to witness a strong growth. The protein and nutritional bars market will also receive a boost in the years to come, expanding at a high rate. By product, animal protein is expected to witness a higher demand in the period from 2017 to 2027. On the basis of geography, North America ruled in the protein ingredients market in 2016 and was worth US$11.96 bn. The region is expected to remain the most lucrative segment on account of the growing awareness level among consumers to stay fit and healthy and the realization of the health benefits of consuming protein ingredients. The protein ingredients markets in Europe and Asia Pacific will also witness a healthy growth during the coming years, thus driving the protein ingredients market.

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The top players in the global protein ingredients market are profiled in the report. Some of them are: Solae LLC, Cargill Inc., Archer Daniels Midland Company, Glanbia plc, Kerry Group plc, ROQUETTE FRERES S.A, DMV International B.V, Davisco Foods International, Inc., Sterling Biotech Ltd., and Arla Food Ingredients.