Monday, 13 January 2014

Global Protein Ingredient Market 2014-2018

Reportstack Announces the Publication of its Research Report - Global Protein Ingredient Market 2014-2018. Reportstack recognizes the following companies as the key players in the Global Protein Ingredient Market: Archer Daniels Midland Co., Cargill Inc., Kerry Group plc, and Solae LLC.  “The Food and Beverages industry includes a diverse set of products such as fresh, frozen, and processed foods and it is expected to grow at a CAGR of 3-5 percent during the forecast period. In particular, the growth is expected to be high in developing countries such as China, Brazil, and India. The main factors contributing to the growth of the industry are the increase in the global population, the increasing demand for healthy and nutrient-rich packaged food and beverages, and the increase in the purchasing power of the population in emerging countries. The rapid economic growth in countries such as India and Vietnam has resulted in a significant increase in the disposable income of the consumers in these countries. Moreover, the establishment of many organized retailers around the world has led to the easy availability of a variety of packaged food items containing protein ingredients such as ready meals, dairy products, confectionery, and prepared infant formula. Thus, the growth of the Food and Beverages industry is expected to boost the demand for protein ingredients to meet the varied needs of consumers.”
According to the report, one of the main drivers is the increase in the global health-conscious population. The increase in health-related issues among people across the globe led them to look for more functional food and beverages which contain the right amount of proteins and other nutrients.
Further, the report states that one of the main challenges is the low awareness rate among consumers regarding the health benefits of various protein ingredients. This is mainly due to the lack of marketing initiatives and scientific evidence.
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 a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/149101/global-protein-ingredient-market-2014-2018.html.


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