Global Protein Ingredients Market is Expected to Reach US$ 68.2 Billion, Rising at a CAGR of 6.8% Throughout The Forecast Period (2019 to 2027)
Consumers are looking for food and beverage items that can help them treat or avoid specific ailments, as health management through food has become a trend. Soy protein received the maximum possible score of 1.0 in a PDCAAS (protein digestibility-corrected amino acid score) approach, which provides protein quality rankings by comparing the amino acid profile of a food protein to a standard amino acid profile. This score indicates that soy protein provides 100% or more of the essential amino acids per unit of Protein Ingredients Market after digestion, making it a good dietary source. Soy protein is a physiologically active non-isoflavone component of soy that has health benefits such as cholesterol-lowering, blood-pressure-lowering, cancer risk reduction, and diabetes incidence reduction, as well as other beneficial effects.
The Protein Ingredients Market is predicted to rise due to rising consumption of protein powder, which is necessary for muscle growth, as well as rising demand for plant-based protein. For example, MusclePharm Corporation, a supplement company based in the United States, launched MusclePharm Natural Series in March 2017, a range of plant-based premium protein products aimed at consumers looking for organic alternatives to typical dairy-based supplements. In terms of revenue, North America dominated the global market for protein ingredients in 2018, accounting for 37.2 percent of the total, followed by Europe and Asia-Pacific.
The Protein Ingredients Market is predicted to rise due to rising demand for newborn nutrition products as people become more aware of the health benefits of infant feeding. For example, Nestle India expanded the infant nutrition category in August 2016 with the launch of new brand Ceregrow, which would target the cereal-based foods segment among children aged two years and up. As a result, expanding the launch of such nutritious products for infants to fulfil global demand would benefit the market growth of protein components.
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