Global Soy & Dairy Protein Ingredients Market to Develop Rapidly by 2020
11-jun-19 Global Soy & Dairy Protein Ingredients Market By Product (Isolates, Concentrates, Hydrolysates, Casein) to Reach USD 28.90 Billion by 2020 April 2014 The global protein ingredient market revenues are expected to reach USD 28.90 billion by 2020, growing at a CAGR of 6.5% from 2014 to 2020. Increasing market acceptance, especially in functional foods and dietary supplements is expected to drive protein ingredient demand over the next six years. Additionally, consumer attitude towards these products has undergone a transition over the last five years; this trend is expected to remain strong in the near future as consumers look for healthier and sustainable options. Further key findings from the study suggest: The global demand for protein ingredients was 3,186.7 kilo tons in 2013 and is expected to increase to 4,583.1 kilo tons by 2020, growing at a CAGR of 5.4% from 2014 to 2020. Plant proteins accounted for over 56% of global volumes in 2013, and are expecte...