Soy and Milk Protein Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global soy and milk protein ingredients market grew at a CAGR of around 8% during 2013-2018. Protein plays a vital role in the everyday diet of human beings as it assists growth and healing in the body. However, as humans are incapable of producing proteins on their own, they rely on animals and plants for meeting their requirements. Some of the sources of animal proteins are milk, eggs, fish, meat, and gelatin, whereas, plant protein sources include peas, soy, rice, wheat, and canola. Amongst these, soy and milk protein products have gained immense popularity among the vegan and vegetarian consumers, respectively.

Global Soy and Milk Protein Ingredients Market Drivers:

One of the recent trends in the food industry is the growing consumer inclination towards protein-rich food products which has resulted in the augmented demand for soy and milk protein ingredients. This shift can be accredited to the inflating disposable incomes, increasing prevalence of lifestyle diseases and rising awareness among consumers on health and wellness.

As soy protein ingredients are also rich in iron, fiber, calcium, potassium, magnesium, vitamin B, lecithin and polyunsaturated fats, they are rapidly substituting meat and eggs in the preparation of various food products which, in turn, is strengthening the demand for these ingredients.

There has been a significant rise in the demand for milk protein ingredients from sports and fitness enthusiasts. In order to aid their muscle growth, they depend on ready-to-drink milk protein supplements, such as whey or casein. Besides this, escalating demand for functional ingredients in the preparation of infant formulas and animal feed are also contributing to the growth of the market.

IMARC Group’s latest report provides a deep insight into the global soy and milk protein ingredients market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry   performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global soy and milk protein ingredients market in any manner.

Breakup by Product Type:

Soy Protein Ingredients

Soy Protein Isolate

Soy Protein Concentrates

Textured Soy Protein

Milk Protein Ingredients

Casein

Whey Protein Hydrolysates

Milk Protein Concentrates

Whey Protein Concentrates

Whey Protein Isolate

WPC35

Amongst these, soy protein isolate and casein represent the most popular type of soy and milk protein ingredients, respectively.

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

On a geographical front, North America enjoys the leading position in the soy and milk protein ingredients market, holding the largest market share.

Competitive Landscape:

The competitive landscape of the market has also been examined in the   report along with the detailed company profiles of the leading market players. Some the key manufacturers are Archer Daniels Midland (ADM), Arla Foods, DuPont (DowDuPont), Cargill, Inc., Kerry group, Associated British Foods, Charotar Casein Company, Dean Foods, Fonterra, Glanbia, Milk Specialties, Omega Protein, Linyi Shansong Biological Products Co.,Ltd., Scoular, Solbar Industries, FrieslandCampina DMV, etc.

Key Questions Answered in This Report:

1. How has the global soy and milk protein ingredients market performed so far and how will it perform in the coming years?
2. What are the key regional markets in the global soy and milk protein ingredients industry?
3. What is the breakup of the global soy and milk protein ingredients market based on the product type?
4. What is the breakup of the global soy and milk protein ingredients market based on the application?
5. What are the various stages in the value chain of the global soy and milk protein ingredients market?
6. What are the key driving factors and challenges in the global soy and milk protein ingredients market?
7. What is the structure of the global soy and milk protein ingredients market and who are the key players?
8. What is the degree of competition in the global soy and milk protein ingredients market?