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The global protein ingredients market analyst says one trend augmenting growth in this market is the growing preference for plant protein ingredients. In recent years, many new plant-based protein ingredients have been introduced in the market such as pea, rice, canola, and potato-based protein ingredients, which are gaining acceptance in the market. Additionally, the demand for soy and wheat proteins in the market is increasing rapidly. The major reason for this demand is an increase in vegetarianism among consumers, who are opting for plant-based ingredients rather than animal-based ingredients.Complete report on protein ingredients market spread across 58 pages, analyzing 3 major companies and providing 32 data exhibits is now available at http://www.rnrmarketresearch.com/global-protein-ingredients-market-2016-2020-market-report.html
According to the 2016 protein ingredients market report, one driver fostering growth in the market is the growing infant formula market. Infant formula is usually a powder or liquid formula given to babies and infants between 6 months and 12 months old, as it provides the nutritional needs for the healthy development of babies. It is also used as a partial or total replacement for breast milk. The demand for infant formula is increasing globally, driven by certain factors such as the growing awareness among parents about its nutritional benefits, an increase in the birth rate in many countries, and the increasing number of working women.
The demand for protein ingredients is augmented by the growing market for sports nutrition products. As a result of an increase in the health and fitness-conscious population across the globe, the demand for sports nutrition products in the market is on an upsurge. Furthermore, the trend of joining gyms and engaging in bodybuilding is prompting people to consume sports nutrition products to increase their immunity and build muscles. At present, Europe dominates the global protein ingredients market by accounting for almost 37% of the overall market revenue. Factors such as the growing demand for high nutritional products, increasing disposable income, rising number of health-conscious population and new product developments in the market are expected to propel growth in the protein ingredients market in Europe during the forecast period. Order a copy of Global Protein Ingredients Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=620686
By 2020, the animal protein segment is likely to dominate the global protein ingredients market by accounting for more than 53% of the total market share. Animal protein ingredients are derived from products provided by animals such as eggs and milk and are used in a variety of food applications such as in desserts, sports nutrition products, dietary supplements, and bakery products. Product innovation in the coming years is expected to fuel growth in the global animal protein market.
The following companies are the key players in the global protein ingredients market: Archers Daniel Midland, Cargill, and Kerry. Other prominent vendors in the market are: AMCO Proteins, Arla Foods, Armor Protein, Associated British Foods, Bioexx Specialty Proteins, Bunge, Burcon NutraScience, Ceresking Ecology and Technology (Unitechem), Dean Foods, Devansoy, Fonterra, Friesland Campina, Gelita, Glanbia, Gushen Group, Omega Protein, and Sinoglory.
Another related report is Global Baby Food and Infant Formula Market 2016-2020, a key growth driver for this market is breastfeeding limitations. Mothers may be unable to breastfeed for a variety of reasons. For instance, if the mother is not making enough milk for various reasons such as having multiple kids, giving birth at a later age, and breast reduction surgery, infant formula is used. Browse complete report @ http://www.rnrmarketresearch.com/global-baby-food-and-infant-formula-market-2016-2020-market-report.html
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