Maximize Market Research's latest report, " Global Protein Ingredients Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Protein Ingredients Market was valued at US$ 27.77 Bn in 2019 and is expected to reach US$ 45.2 Bn by 2027, at a CAGR of 7.21% during a forecast period.
Global Protein Ingredients Market Overview
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Based on the application, food & beverages segment is expected to propel the global protein ingredients market growth during the forecast period owing to expansion of the food & beverages industry across the globe. In addition, consumers look for a great product coupled with a pleasing taste and high nutritional value, which is also fueling the global protein ingredients market in a positive way. On the basis of source, plant segment is projected to hold the largest share in the global protein ingredients market as expanding the global vegan population. The growing number of people who are adopting vegan lifestyles across the globe.
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Global Protein Ingredients Market Major Market Players
• Cargill, Incorporated
• Kerry Group
• Arla Foods
• Archer Daniels Midland Company
• Omega Protein Corporation
• Amco Proteins.
• Fonterra Co-operative Group
• Gelita Ag.
• Hilmar Ingredients.
• A&B Ingredients Inc.
• Agridient Inc.
• Agropur MSI, LLC
• Davisco Foods International, Inc.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Protein Ingredients Market by Types and Applications:
Global Protein Ingredients Market, by Source
Global Protein Ingredients Market, by Application
• Food & Beverage
• Animal Feed
• Cosmetics & Personal Care
The report has covered the market size by country (regions) for the global Protein Ingredients market. Segment by Application. The Protein Ingredients Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Protein Ingredients Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Protein Ingredients Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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