Global
Soy and Milk Protein Ingredients Market: Brief Account
The
worldwide soy and milk protein ingredients market is envisaged to
invite radical growth prospects on the back of the snowballing
awareness about several health benefits. Apart from an estimated
38.0% protein content, soy contains all the nine essential amino
acids in just the right proportion that is ideal for human health.
Vendors could look to extend their presence in the market through
collaborations and partnerships. For instance, after Vitasoy’s
success in Hong Kong, Australia, and China, the company has shaken
hands with Universal Robina Corporation to serve its soy milk
products in the Philippines.
According
to this market intelligence publication, the worldwide soy
and milk protein ingredients market could be segregated as
per three critical categories, viz. soy protein ingredients by type,
soy protein ingredients by application, and milk protein ingredients
by type.
The
authors of the study have brought to light some vital statistics and
elements crucial for the growth of the worldwide soy and milk protein
ingredients market. Readers are envisioned to receive a sound
understanding of the market that could help them to take confident
strides forward in their business.
Global
Soy and Milk Protein Ingredients Market: Trends and Opportunities
The
world soy and milk protein ingredients market is prophesied to
receive a strong momentum in the coming years due to the incredible
and singular functional benefits of various products sold therein.
The high solubility, water binding, emulsification, and whipping
functionalities of whey protein find use in several applications such
as breads, sausages, and cakes. Mounting awareness about the health
benefits of soy and milk protein ingredients is anticipated to raise
the expectations of players operating in the market. Besides this,
the preference for soy and milk proteins could be furthered with the
increasing adversative effects of animal proteins.
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However,
the demand in the world soy and milk protein ingredients market is
predicted to suffer due to the negative effects of using pea proteins
and genetically modified soy proteins. Nevertheless, a host of
reliable business prospects could take shape in the market because of
the higher growth of casein milk protein ingredient on account of
applications such as rheology agents, foaming agents, and
emulsifiers. The augmenting demand for milk protein concentrates
could also create opportunities with the replacement of dairy
products.
Global
Soy and Milk Protein Ingredients Market: Geographical Analysis
Rising
awareness about the benefits of plant-derived proteins is foreseen to
be accredited for a larger count of consumers existing in key regions
such as Europe and North America. However, saturation could slow down
growth in the aforementioned regional markets during the forecast
period. Nonetheless, Asia Pacific is prognosticated to hold the reins
of the international soy and milk protein ingredients market in terms
of milk product consumption. This could be due to the usage
flexibility and low cost offered by milk protein concentrates.
Global
Soy and Milk Protein Ingredients Market: Companies Mentioned
The
analysts authoring the report are expected to shed light on the
recent developments, financial growth, and business strategies of
significant players in the worldwide soy and milk protein ingredients
market. Companies such as Cargill, Inc., Biologicals Products Co.
Ltd., Linyi Shansong, Scoular Company, and ADM, Inc. could pose a
tough competition in the market.
The
global soy and milk protein ingredients market is segmented into the
following categories:
Global
Soy Protein Ingredients Market by Type
- Soy Protein Isolates
- Soy Protein Concentrates
- Soy Protein Hydrolysates
- Soy Flours
Global
Soy Protein Ingredients Market by Application
- Bakery and Confectionary
- Meat Alternatives
- Functional Foods
- Dairy Replacement
- Infant Foods
Global
Milk Protein Ingredients Market by Type
- Milk Protein Concentrates and Isolates
- Casein/Caseinates
- Whey Protein Concentrates
- Whey Protein Isolates
- Whey Protein Hydrolysates
- Skimmed Milk Powder
Global
Soy and Milk Protein Ingredients Market by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
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