With 6.50% CAGR During 2017-2027, Protein Ingredients Market to Expand due to Rising Consumers' Inclinations Toward Nutri-dense Foods, Predicts TMR

ALBANY, New York, April 16, 2019 /PRNewswire/ --  The global protein ingredients market depicts a fairly fragmented competitive landscape, reports Transparency Market Research. An ample number of players operating in the market are elevating the level of competition through offering several healthy foods. These successful players in the global protein ingredients market are also targeting to produce various protein ingredients with raised nutritional value.

Top players in the global protein ingredients market are acquiring various successful marketing strategies for refurbishing their revenue index. They are highly focusing on constant product innovation and also targeting their consumers for gaining maximum popularity. Many small and medium sized players in the global protein ingredients market are collaborating with the leading players in order to revamp their product portfolio as well as remap their geographical territory. Most of the players in the market are emphasizing on unique branding ideas to catch the eyes of the consumers. A few vendors' names appear in the top of the list include Kerry Group, Cargill Plc, DMV international B.V, Glanbia Plc, and Sterling Biotech.

As per the experts from TMR, the global protein ingredients market to attain a valuation of US$64.35 bn by 2027 end. The growth of the market is prophesized to occur at an impressive 6.50% CAGR during the assessment period.

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Animal proteins have gained the maximum popularity in the global protein ingredients market and is expected to remain a dominant segment over the forecast period. Animal proteins are enriched with multiple vitamins, minerals, and other essential nutrients and thus the daily consumption of animal proteins help in increasing the level of fitness. With respect to geography, North America is the leading region in the global protein ingredients market due to a mushrooming food and beverages industry.

Growing Awareness Regarding Health Consciousness and Fitness Stokes Demand in Market

Protein ingredients are highly essential for body functioning, since proteins are considered as a major source of fuel. Rich protein diets have gained momentum as it help in fighting diabetes and obesity effectively. Protein ingredients can be sourced either from plants or animals. Protein ingredients obtained from plants are mostly derived from wheat, pea, and soy. These specific plant proteins are extensively used for texturizing various vegetable proteins. On the other hand, animal proteins are widely used as a protein supplement and also incorporated with several food items for muscle building. All such advantages are majorly driving the global protein ingredients market.