Global Protein Ingredients Market Overview 2018, Demand by Regions, Share and Forecast to 2023

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    Global Protein Ingredients Market
Reinforced by Adoption of Protein Rich Diet

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Report Description and Highlights
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  Global Protein Ingredients Market Reinforced by
Adoption of Protein Rich Diet Over the years,
the global protein ingredients market has
witnessed a moderate growth on account of rising
demand for protein-rich food products. This can
be attributed to factors like rising
health-consciousness amongst consumers, rapid
urbanisation, growing population and increasing
cases of obesity as well as diabetes. According
to the latest report by IMARC Group, titled
Protein Ingredients Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, the global protein ingredients
market reached a value of US 31 Billion in
2017. Proteins are large molecules of amino acids
which supports in building and repairing of
tissues. As proteins help in improving the
overall functioning of the body, they are
regarded as the building blocks of life. In
addition to this, proteins are beneficial in
regulating weight, reducing muscle loss and
enhancing physical strength. Apart from this,
protein ingredients aid in maintaining an
adequate level of proteins in the human body,
thereby keeping it fit and healthy in the longer
run. This has added to their increasing
popularity across the world, particularly  in the
health and wellness industry for the production
of dietary supplements and other food products.
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In the recent years, the adoption of
protein-rich diet has accelerated on account of
growing inclination of consumers towards healthy
food products. This shift can be accredited to
factors like rising cases of obesity and diabetes
as well as advancing demand for superior health
care products. In addition to this, expanding
awareness about functional food products and
dietary supplements is contributing towards the
growth of the global protein ingredients market.
Apart from this, increasing number of health
clubs coupled with ascending demand for soy
proteins in food applications like dairy
products, sports nutrition and snacks is further
supporting the growth of the market. Some of the
other growth inducing factors include mounting
populating, rapid urbanisation and flourishing
food and beverages industry particularly in the
emerging regions. Looking forward, the market
value is projected to exceed US 43 Billion by
2023, expanding at a CAGR of more than 6 during
2018-2023. Read more here http//bit.ly/2pLf6
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Report Description and Highlights

• Market Summary
• Based on type, the market has been segmented as
  animal proteins and plant proteins. At present,
  animal proteins exhibit a clear dominance in the
  market and they are classified as egg protein,
  whey protein, gelatin, casein and milk protein
  concentrates/isolates. On the other hand, plant
  proteins are divided into wheat protein, soy
  protein, pea protein and others.
• On the basis of application, food and beverages
  represent the largest segment due to changing
  eating patterns, particularly in the emerging
  regions. Food and beverages is followed by
  personal care and cosmetics, pharmaceuticals and
  animal feed.
• Region-wise, the market has been segmented into
  Europe, North America, Asia Pacific, Latin
  America, and Middle East and Africa. Amongst
  these, Europe is the leading market, accounting
  for the majority of the global share.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Cargill, Incorporated Archer-Daniels-Midland
  Company Kerry Group Omega Protein Corporation
  and Mead Johnson.
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