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The latest report by IMARC, titled “ Soy and Milk Protein Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity a nd Forecast 2022-2027
” the global soy and milk protein ingredients market reached a value of US$ 12.0 Billion in 2021. Proteins are one of the primary macronutrients required by the human body for optimal growth and maintenance of cells and tissues. Over the years, soy- and milk-based products have emerged as some of the most widely consumed sources of proteins, especially among vegan and vegetarian consumers.
Nowadays, health-conscious people highly prefer milk protein ingredients as they contain more protein with lesser amounts of carbohydrates and fats per serving. On the other hand, soy protein ingredients are increasingly being used in health foods owing to their functional properties.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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With the increasing prevalence of chronic diseases, consumers are becoming more conscious about their health and wellness. Owing to this, they are becoming more inclined toward food products that are high in proteins. This trend has consequently increased the demand for soy and milk protein ingredients across the globe. Besides this, soy protein ingredients are also rich in iron, fiber, calcium, potassium, magnesium, vitamin B, lecithin and polyunsaturated fats. As a result of this, they are utilized as an alternative to meat and eggs in the preparation of various food items. Also, soy and milk protein ingredients are widely used in infant formula to help speed up muscle growth and development among children. These ingredients are also added in protein supplements to aid athletes in limiting the degradation of muscle tissue after a workout and increase their muscle mass. On account of these factors, the market value is projected to grow at a CAGR of 7.8% during 2022-2027.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Market Summary:
Breakup by Product Type:
• Soy Protein Ingredients
• Soy Protein Isolate
• Soy Protein Concentrate
• Textured Soy Protein
• Milk Protein Ingredients
• Casein
• Whey Protein Hydrolysates
• Milk Protein Concentrates
• Whey Protein Concentrates
• Whey Protein Isolate
• WPC35
Breakup by Application:
• Food and Beverages
• Cosmetics and Personal Care
• Animal Feed
• Pharmaceuticals
Regional Insights:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players:
• Archer Daniels Midland Company (ADM)
• Arla Foods amba
• DuPont Nutrition & Health
• Cargill Inc.
• Kerry Group plc
• Associated British Foods plc
• Charotar Casein Company
• Dean Foods Company
• Fonterra Co-operative Group Limited
• Glanbia plc
• Milk Specialties Global (MSG)
• Omega Protein Corporation
• Linyi Shansong Biological Products Co.Ltd.
• Scoular Company
• Solbar Industries Ltd.
• FrieslandCampina DMV
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/soy-milk-protein-ingredients-market
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