The
rising consumption of protein as a part of a workout-based diet is
expected to fuel its demand over the next couple of years, states
Transparency Market Research (TMR) in a report. The report is titled,
“Proteins Ingredients Market (Source - Animal Protein Ingredients
(Gelatin, Egg Protein, and Dairy Protein) and Plant Protein
Ingredients (Soy Protein, Wheat Protein, and Pea Protein);
Applications - Health Supplements, Food and Beverages,
Pharmaceuticals, and Cosmetic Products) - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2015–2023.”
View
exclusive Global strategic Business
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4582
According
to the report, the burgeoning consumer awareness regarding the
consumption of a healthy diet is the primary factor behind the growth
of the global protein ingredients market. The nutritional value of
protein ingredients is significantly high and thus it is used as the
core ingredient in several functional and convenience foods. The
consumption of protein ingredients has also increased owing to the
initiatives taken up by the health and wellness industry in numerous
countries. Furthermore, manufacturers of protein ingredients can gain
from the rising application of protein ingredients in the
pharmaceuticals and cosmetics industries.
The
study states that the proliferating use of protein ingredients in the
food and beverages industry is likely to augment the global protein
ingredients market. Additionally, the mounting intake of calories
among consumers is lifting the demand for nutraceuticals and other
varieties of wellness products. The revenue generation capacity of
the global protein ingredients market is gaining momentum due to the
rising popularity of protein ingredients in wellness and food and
beverages industries.
The
global protein ingredients market is also likely to be driven by
ongoing technological developments in the industry, the progress of
the functional beverages market, and the mounting demand for improved
healthcare and personal care products. Manufacturers can expect
growth prospects from the rising applications of plant and dairy
proteins. However, the implementation of stringent regulations
against the use of animal proteins is likely to act as a hindrance in
the growth of the global protein ingredients market. Negative
consumer attitude towards safety and health issues is expected to
further adversely impact the sales of protein ingredients globally.
The
report presents an in-depth analysis of the growth trajectory of the
global
protein ingredients market. It highlights the factors that are
likely to drive or restraint the growth of the market. The study also
projects revenue and volume growth of the market. It also assesses
the key strategies, shares, and products of the leading companies
operating in the global protein ingredients market.
Geographically, North America dominated the market and is likely to retain a lead over the forthcoming years. The demand for protein ingredients is anticipated to rise owing to the awareness among consumers regarding the consumption of modern proteins. A few of the leading companies in the market are Maple Island Inc., BEECHNUT, Davisco Foods International Inc., STERLIN GELATIN, Hostess Brands Inc., Abbott Nutrition, Nellson Nutraceutical LLC, Dean Foods, Nestle S.A., PepsiCo Inc., and Unilever.
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