Corn-Based Protein Market Overview
Significant research and development has taken place in this market, where customer preference is shifting to opt for clean-label products across the globe. Presently, a significant percentage of the world’s population chooses protein products as a substitute to dairy and meat proteins, which is projected to have a positive effect on the corn-based protein market. Corn-based protein are comprised of zeins. Corn-based protein as a coating agent has improved the colour, texture and fragrance of food products associated to other plant-based coatings used.
The growing value of corn-based protein as a coating commodity largely contributes to the growing sales revenue of the corn-based protein industry. The properties of corn-based protein to form shiny, durable and hydrophobic grease-proof coatings, which are resistant to microbial attacks, have made the product commercially popular.
Corn-based protein is also currently used for the coating of sweets such as jelly beans and chocolates, dried fruit, almonds, nutmeg, sweetener encapsulation and flavourings.
At present, the food and pharmaceutical industries have also established commercial interests in corn-based protein. Corn-based protein has seen immense growth in the last few years as a result of growth in the plant-based protein industry.
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Increasing Demand for Natural and Organic Products
Growing demand for natural and organic products is generating a higher global market for corn-based protein. Regionally, the corn-based protein market is growing, with a substantial value-added growth rate contributing to a large rise in sales for corn-based protein suppliers. As a consequence, the product penetration of corn-based protein with its variability is high.
Corn-based protein provides an incredibly smooth surface and needs just a few grams of the substance. The properties of corn-based proteins are also flexible in the healthcare industry as they are plant proteins and are not vulnerable to danger or viruses, unlike animal proteins.
Chewing gum producers often tend to use corn-based protein in the processing of their products. Nowadays, it is often found to be used in the cosmetics industry but on a lower scale as it can be used in serums and skin creams as it tends to regenerate the skin.
Corn-based protein is also used as a rather good alternative to meat-derived proteins. Moreover, the growing trend in organic products is contributing to an increase in nutritious food choices, which has an indirect effect on demand for the corn-based protein industry.
Corn-based Protein Market: Key Players
Some of the key players operating in global corn-based protein market are
- Archer Daniels Midland Company
- Zein Products
- AGT Food & Ingredients
- Glanbia Plc
- Burcon Nutrascience Corporation
- Penta International
- E.I, DU PONT DE NEMOURS & Company
- Cargill Inc
- Ingredion Inc.
- CHS Inc.
Corn-Based Protein Market: Regional Analysis
The economies of North America and Europe are the main contributors and suppliers to the overall economic growth of the corn-based Protein industry. Development in enhanced use of plant-based protein in the regions of Asia Pacific is anticipated to propel the growth of the corn-based protein market as a whole.
The corn-based protein market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the corn-based protein market, including but not limited to: regional markets, nature, distribution channel and end use.
The study is a source of reliable data on:
- corn-based protein market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The corn-based protein market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the corn-based protein market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Corn-Based Protein market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the corn-based protein market
- Recommendations to companies for strengthening their foothold in the corn-based protein market
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