Global Soy and Milk Protein Ingredients Market 2023-2027

Global Soy And Milk Protein Ingredients Market 2023-2027

The soy and milk protein ingredients market is forecasted to grow by USD 6850.31 mn during 2022-2027, accelerating at a CAGR of 4.89% during the forecast period. The report on the soy and milk protein ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population globally, growing food and beverage industry in developing countries, and growing demand for sports nutrition products.

Technavio's soy and milk protein ingredients market is segmented as below:

By Type

• Milk protein ingredients
• Soy protein ingredients

By Application

• Food and beverages
• Infant formulation
• Personal care and cosmetics
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the increasing demand for plant-based proteins as one of the prime reasons driving the soy and milk protein ingredients market growth during the next few years. Also, increase in promotional and marketing initiatives and growing new product developments related to protein ingredients will lead to sizable demand in the market.

The report on the soy and milk protein ingredients market covers the following areas:

• Soy and milk protein ingredients market sizing
• Soy and milk protein ingredients market forecast
• Soy and milk protein ingredients market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soy and milk protein ingredients market vendors that include Ag Processing Inc., Archer Daniels Midland Co., Arla Foods amba, Associated British Foods Plc, Cargill Inc., DANA Dairy Group Ltd., Devansoy Inc., DuPont de Nemours Inc., Fonterra Cooperative Group Ltd., Glanbia plc, International Flavors and Fragrances Inc., Kerry Group Plc, LACTALIS Ingredients, Linyi Shansong Biological Products Co. Ltd., Milk Specialties Global, Royal FrieslandCampina NV, Saputo Inc., Solbar Ningbo Protein Technology Co. Ltd., The Scoular Co., and Wilmar International Ltd.. Also, the soy and milk protein ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.