Increasing preference for healthy food products is leading to development of new portfolios across the globe. Scientifically approved products and educational marketing are some of the major factors driving the integration of protein ingredients in the existing as well as developing food products.
A recent study by Future Market Insights predicts a steady 5.6% CAGR growth of protein ingredients market during the anticipated period, 2018-2028. In addition, the protein ingredients market is likely to touch an evaluation of nearly US$ 38, 569.1Mn by 2028-end. Developing effective protein ingredients for end-users is possible to be a vital trend, increasingly impacting growth of protein ingredients market. Besides, the report poses constructive insights for the growth of protein ingredients market in the forthcoming years.
Analysts that have been part of this report development made sure that they have delivered valuable information as to how protein ingredients market will expand through 2028. Additionally, our analysts have catered to the growing concerns of industry participants and market observers.
According to you, what are the factors triggering towards the growth of protein ingredients market?
Growing demand for the infant nutrition products is expected to drive the production sales of protein ingredients in the near future. Lang-scale women workforce has also resulted towards increasing needs for the baby food formula. Standardization and protein fortification is expected to increase demand for the protein ingredients over the forecast period.
What is trending in the protein ingredients market?
Well, based on analysis, acquisition of smaller enterprises has been the new trend in the global market. This has been taking place with the availability of acquisitions at low cost and this trend is expected to be continued in the forthcoming years. Increasing number of mergers and acquisitions will support the supply chain and improve the modes of delivery as well.
What are the manufacturers doing for the expansion of protein ingredients market?
Shifting consumer purchasing strategies have influenced the manufacturers to develop products with value-added benefits and integrate protein ingredients, thereby making the products available on a large scale, meeting the needs of consumers.
Can you mention the near major factors that are responsible for roadblocks in the growth of protein ingredients market?
Lack of awareness along with fluctuating prices of protein ingredients and related products is likely to restrain the growth of protein ingredients market in the near future.
What do you want to mention about the regional landscape in protein ingredients market?
Based on in-depth analysis, North America is leading the protein ingredients market during the forecast period, especially due to increasing demand from food & beverage industry. APAC region is expected to take the lead the in the global market in the forthcoming years due to repeal of one-child policy in China and rapid industrialization in SEA countries. APEJ region is expected to trail North America in the forthcoming years due to shifting food habits and rapid urbanization.
Can you enlist some key players in the protein ingredients market?
Sure. Some of the key players in the protein ingredients market enlisted by analysts are inclusive of Kerry Group plc, Davisco Foods International, Inc, Axiom Foods, Inc., FrieslandCampina, Solae LLC (E. I. du Pont de Nemours and Company), CHS Inc. and Cargill Inc. Key players are also working towards making strategic ways through which they can deliver their product in expected timeframe.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-833
