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Protein Ingredients Market Size Is Projected To Be Around $59 Billion By 2025

 



(Food-Beverage-News.Com, October 16, 2017 ) Proteins are one of the most vital types of molecules in the human body. They are complex combinations of chemical compounds called amino acids. Some of the amino acids are produced in the human body whereas some have to be obtained from our diet. Proteins are utilized for various purposes in the human body. Many of the hormones in human body such as progesterone and insulin are proteins. Hemoglobin, a blood protein carries out oxygen transport to the cells. Muscle proteins such as myoglobin are responsible for our ability to move. Proteins such as RNA and DNA present in the nuclei of the cells are responsible for the genetic code.

Animal proteins segment occupied a significant share of the global market in 2016, due to the rising consumption of dairy products and eggs worldwide and superior nutritional profile as compared to plant protein. Egg protein segment in animal proteins market will show the fastest growth during the forecast period with major use in baked items, sports food, and ice cream. Canola proteins market will experience a favorable growth during the forecast period with Canada, France, Germany, and India being the major canola producing countries.

Food and beverage segment accounted for the largest share of the protein ingredients market.This is attributed to factors such as increase in demand for functional foods and rising health consciousness among consumers leading to preference for nutritious diets. The personal care and cosmetics market will witness highest growth over the forecast period due to the large scale applications of proteins in sunscreens, shampoos, and different types of skin creams.

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U.S. held the major share of the North American protein ingredients market in 2016, due to rising preference of consumers towards healthy product consumption along with government approvals for use in infant formulas and cosmetics. China will witness favorable growth for protein ingredients market during the forecast period owing to a rise in consumer spending on healthcare and increase in purchasing power.

Market Classification

Protein Ingredients Market, By Source, Estimates and Forecast, 2016-2025 ($Million)
Plant Proteins

Wheat
Soy Protein Concentrates
Soy Protein Isolates
Textured Soy Protein
Pea
Canola
Others

Animal Proteins

Egg proteins
Milk Protein Concentrates/Isolates
Whey Protein Concentrates
Whey Protein Hydrolysates
Whey Protein Isolates
Gelatin
Casein/Caseinates

Protein Ingredients Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
Food & Beverages
Cosmetics & Personal Care
Infant Formulations
Animal Feeds

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

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About Crystal Market Research

Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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