Report Description Report Description and Highlights

Global Soy and Milk Protein Ingredients Market Trends :

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).