Food Protein Ingredient Market

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Food Protein Ingredient Market is estimated to
surpass USD 29 Billion by 2025
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Key Insights from Food Protein Ingredient Market

• The global food protein ingredient market, one of
  the most pivotal verticals of the food
  nutrients industry, has been remarkably
  influenced by the shift toward a more
  health-conscious society. Growing consumer
  consciousness and acceptance toward the
  incorporation of vital nutrients in early stages
  have provided food protein ingredient industry
  players with profitable growth opportunities both
  in terms of value and remuneration. In fact, in
  terms of commercialization potential, the global
  food protein ingredient market was pegged at USD
  17.25 billion in 2016 and is further anticipated
  to surpass USD 29 billion by 2024. Industry
  analysts deem the rising income levels,
  governmental backing, and evolution of fancy diet
  trends to have played crucial role in fortifying
  food protein ingredient market outlook.
• Speaking along similar lines, strong scientific
  research studies authenticating the health
  benefits of proteins have also been a major
  factor fueling food protein ingredient industry
  share. That said, it is also important to mention
  that favorable governmental initiatives toward
  spreading awareness of proper protein intake have
  been assisting in the rising demand for food
  protein ingredients.

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Continued...

• An instance providing substantiation to the
  growing product innovation trends in this
  business is that of Arla Foods winning an award
  at the 4th annual World Food Innovation Awards
  for its protein pouch format, recently in March
  2018. The company has also strengthened its
  foothold in the sports nutrients market by
  launching a new generation of whey proteins which
  rapidly delivers amino acids to the muscles.
  Archer Daniels Midland Company (ADM) is another
  industry major going the whole hog to collaborate
  and partner with leading companies to enhance the
  commercial scale production of its popular
  invisible soy protein. These products have
  witnessed overwhelming demand from the
  supplements and baby food sectors, in turn adding
  up to food protein ingredient industry expansion.
• With this business space being characterized by
  strategic alliances and innovative product
  launches, it would be fair to state that food
  protein ingredient market will turn out to be one
  of the lucrative hotbeds of the food nutrition
  industry in the years ahead. Indeed, with a
  supportive RD spectrum and the increasing
  inclination toward health management, food
  protein ingredients market size is expected to
  cross 5.5 million tons by 2024 in terms of volume.

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U.S. Food Protein Ingredients Market Size, By
Product, 2016 2024, (Kilo Tons)

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