According to a current analysis by Reports and Data, the global Protein Ingredients Market is expected to reach $52.31 billion by 2026, from $29.18 billion in 2018, at a CAGR of 7.6%. Factors driving the growth of the protein ingredients market are increasing demand for protein function, increasing demand for healthy diet and nutritious foods, and increasing demand for superior personal care and health care products. A noticeable global trend in the market is the demand for purer products with reduced processing and developed natural whey and micellar casein. The growing preference for convenience foods and nutrient-rich fortified foods is another factor driving the demand for protein ingredients.
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Because protein is the main fuel source, these ingredients are essential for the functioning of the body. They can be obtained from plants as well as animals. Plant proteins are commonly obtained from wheat, peas and soybeans and are used to texture plant proteins. Plant protein helps fight diabetes and obesity effectively. Animal protein is widely used as a protein supplement for muscle building. At the same time, the huge demand for animal protein and the growing awareness of healthy eating and fitness are driving the global protein ingredient market significantly. In addition, the growing use of soy isolates and consumption rates of eggs and casein have further boosted the growth of the global protein ingredients market. In addition, the cost sensitivity associated with the production of protein-rich products negatively impacts the growth of the global protein ingredients market. However, the rapid launch of pocket-friendly protein supplement products is expected to aid the growth of the market during the forecast period.
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Further key findings from the report suggest
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For the purposes of this report, the report and data have segmented the Protein Ingredients market on the basis of source, form, application, and region.
Source (Revenue, USD Billion; 2016–2026)
Form Type (Revenue, USD Billion; 2016–2026)
Application (Revenue, USD Billion; 2016–2026)
Regional Outlook (US$1 Billion Revenue, 2016–2026)
o United States
o Rest of Europe
o Rest of Asia Pacific
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