$30 Billion Protein Ingredients Markets - Global Market Overview 2016-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 23, 2019--
The “Protein Ingredients - A Global Market Overview” report has been added to ResearchAndMarkets.com’s offering.
Food & Beverages constitutes the largest application market for Protein Ingredients globally, an estimated share of 36.8% or US$10.5 billion in 2018. The overall global market for Protein Ingredients is expected to exceed US$30 billion in 2019.
Protein ingredient helps in regulating weight, improving physical strength, lowering muscle loss caused by aging, and mitigating the risk of chronic diseases. As a result, protein ingredients are widely used in the production of food and beverages, animal feed, personal care, and cosmetics and pharmaceuticals. Also, growing consumer consciousness and growing market acceptance, mostly for functional foods and dietary supplements is boosting the growth of the protein ingredient market in the coming years.
This report reviews analyzes and projects the global Protein Ingredients market for the period 2016-2025 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2025.
Research Findings &Coverage
KEY BUSINESS AND PRODUCT TRENDS
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INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL
SOURCE: Research and Markets
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PUB: 10/23/2019 05:56 AM/DISC: 10/23/2019 05:56 AM