Outlook of Protein ingredient Market status and development trends reviewed in new report

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

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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.

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

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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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