The protein ingredients market has grown rapidly in the last few years and is projected to reach USD 58.49 billion by 2022 at a CAGR of 6.0% from 2017.
The protein ingredients market is driven by the increasing consumer awareness about healthy diets. Changing lifestyles and high disposable incomes have led to increased consumer preference for nutritional food products. Stringent regulations are restraining market growth. A number of legislations laid down by different regulatory bodies prevail in the protein ingredients market; for instance, the U.S. FDA (U.S. Food & Drug Administration) has strict regulations regarding proteins derived from mammalian tissues, any protein-containing portion of mammalian animals, or any product whose only mammalian protein consists entirely of porcine or equine protein.
The North American region accounted for the largest market share in 2016, in terms of value. The U.S. is the largest country-level market in this region. It is the largest consumer of protein ingredients with an estimated share of about 80.0% in 2016. The market is driven by the rising demand for functional food & beverages coupled with rising consumption of dietary supplements. The food industry has contributed significantly to the regional growth.
- Amco Proteins
- Archer Daniels Midland Company
- Arla Foods
- E. I. Du Pont De Nemours and Company
- Fonterra Co-Operative Group Ltd
- Gelita AG
- Hilmar Ingredients
- Kerry Group PLC
- Kewpie Corporation
Omega Protein Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Protein Ingredients Market, By Source
7 Protein Ingredients Market, By Application
8 Protein Ingredients Market, By Region
9 Competitive Landscape
10 Company Profiles
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