Global Soy and Milk Protein Ingredients Market 2017-2021

This market research report identifies Archer Daniels Midland (ADM), Arla Foods, DuPont (DowDuPont), FrieslandCampina DMV, and Kerry group as the key vendors in the global soy and milk protein ingredients market. This report also presents a detailed analysis of the market by application (food and beverages, infant formula, personal care and cosmetics, and animal feed), product (milk protein ingredients and soy protein ingredients), and geography (the Americas, APAC, and EMEA).

Overview of the global soy and milk protein ingredients market

Technavio’s market research report predicts that the global soy and milk protein ingredients market will grow at a CAGR of nearly 10% during the forecast period. One of the primary drivers of the market’s growth is the increasing focus on low-fat and fiber-rich diet. Soy protein acts as a great alternative for high-fat proteins providing many nutritional and functional benefits like increase in metabolism, satisfy hunger, weight loss, among others. Moreover, with rising consciousness about the snacking habits and beverages consumption among the consumers, the consumption of soy foods and its derivatives have been on the rise. As per this market research prediction, the rise in obesity rates in the US and globally will increase the demand for the soy protein during the forecast period.

One of the latest trends that will gain traction in the global soy and milk protein ingredients market is the introduction of   new soy-based products in the market. Numerous soy-ingredient based products have increased in the market targeting the health-conscious consumers. Products like soy protein milkshakes and soy milk are a substitute for animal protein products, and there is also a rise in the demand for plant-based soy milk. Vendors like DuPont offers Supro soy protein nuggets for the use in nutritional bars, cereals, and snacks via its health and nutrition division with low fat, cholesterol- and lactose-free ingredients.

Competitive analysis and key vendors

The global soy and milk protein ingredients market is largely split with the presence of several small and large vendors. The market is highly competitive, and the vendors compete based on the factors like price, quality, innovation, reputation, and distribution. Therefore, to stay ahead of the competition, the vendors should be unique in their product offerings through a lucid and exclusive value proportion.

Key vendors in the market are:

• Archer Daniels Midland (ADM)
• Arla Foods
• DuPont (DowDuPont)
• FrieslandCampina DMV
• Kerry group

Other prominent vendors include Associated British Foods, Charotar Casein Company, Dean Foods, Fonterra, Glanbia, Milk Specialties, Omega Protein, Linyi Shansong Biological Products, Scoular, and Solbar Industries.

Segmentation by product and analysis of the soy and milk protein ingredients market

• Milk protein ingredients
• Soy protein ingredients

During 2016, the milk protein ingredients dominated the product type segment and is expected to continue the domination over the next four years. The major contributing factor for the segment’s growth is the increasing demand among health-conscious customers and athletes.

Geographical segmentation and analysis of the soy and milk protein ingredients market

• Americas
• APAC
• EMEA

In terms of geography, EMEA led the market in the global soy and milk protein ingredients market during 2016 and is foreseen to continue the domination during the forecast period. Europe is one of the largest contributors in the region, and the rising health concerns will propel the global soy and milk protein ingredients market in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global soy and milk protein ingredients market?
• What are the key market trends impacting the global soy and milk protein ingredients market?
• What are the challenges to market growth?
• Who are the key vendors in the global soy and milk protein ingredients market?
• What are the market opportunities and threats faced by the vendors in the global soy and milk protein ingredients market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global soy and milk protein ingredients market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Protein Ingredients Market 2016-2020
• Global Soy Milk and Cream Market 2016-2020
• Global Soy-based Yogurt Market 2017-2021

By identifying short- and long-term trends in customer behavior, growth potential, competitors, and challenges, research analysts at Technavio provide a all-inclusive collection of industry research reports on the various aspects of the food sector. Our market intelligence reports for the food sector provide actionable information on market dynamics that are defining the latest food trends and the ways in which leading players like Kraft Heinz, Givaudan, Unilever, ConAgra, 2 Sisters Food Group, Nestlé, The Hain Celestial Group, General Mills, Dr. Schär and Epermarket are influencing consumer choices across the food and beverage domain.

By keeping in mind the fast-trending health patterns within the food industry, research analysts at Technavio have focused on several market insights to provide an intensive market analysis of the growth prospects and latest developments for the soy and milk protein ingredients market. This upcoming report also covers the market size and forecasts from an international perspective, segmentations, and buying behavior of consumers.  To give clients an in-depth analysis of the global market scenario, Technavio’s industry experts have focused on recent research and development, marketing, and planning of business operations to analyze the existing market space for new business opportunities. The reports curated by us help in identifying the growth prospects of varied food segments right from ready-to-eat processed food products, dehydrated soups, canned cereals, food additives, salad dressing, food processing to their wholesale and retail distribution networks.

Our upcoming market intelligence report on soy and milk protein ingredients also takes into account the growth of the other niche food markets like digestive health food and drinks and  HYPERLINK "/report/global-food-global-packaged-vegan-foods-market-2016-2020?utm_source=TNWriter&utm_medium=TNSite&utm_campaign=Abstract" packaged vegan foods, which are expected to grow at CAGRs of 8% and 11%, respectively by 2020. Besides such syndicated reports, Technavio also develops high-quality customized reports depending on the specific requirement of our clients.

The market report for soy and milk protein ingredients also identifies the key drivers, emerging trends, as well as the challenges that the food industry is currently experiencing. It also presents insights into the changing supply landscape to give you a realistic picture of the future direction of the global food and beverage sector.