Protein Ingredients Market: Increasing Investment and Consumer Health Awareness Driving Growth
The
#Protein Ingredients Market is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period.
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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114688236
The protein ingredients market in South America is expected to witness a rapid growth rate, with a significant Compound Annual Growth Rate (CAGR) in 2023. This growth will be driven by the region’s fast-developing economies, such as Brazil and Argentina. South America has experienced substantial growth in overall investment and consumer health awareness over the past decade, contributing to the region’s high demand for animal sources of protein.
As one of the top producers and exporters of animal sources such as pork and beef and soy worldwide, Brazil and Argentina are essential contributors to the growth of both the animal and plant-based protein ingredients industry.
The level of investment in the region has increased significantly over the past decade, contributing to the overall growth of the protein ingredients industry. This growth is expected to continue in the coming years. Furthermore, the region has witnessed a rise in consumer health awareness, contributing to the high demand for animal sources of protein.
Read more:
https://www.marketsandmarkets.com/Market-Reports/protein-ingredients-market-114688236.html
The key players headquartered in this market include Kerry Group plc (Ireland), Arla Foods amba (Denmark), Roquette Freres (France) and Cosucra (Belgium). They are further contributing to the industry ecosystem positively.
Protein Ingredients Market: Increasing Investment and Consumer Health Awareness Driving Growth
The #Protein Ingredients Market is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114688236
The protein ingredients market in South America is expected to witness a rapid growth rate, with a significant Compound Annual Growth Rate (CAGR) in 2023. This growth will be driven by the region’s fast-developing economies, such as Brazil and Argentina. South America has experienced substantial growth in overall investment and consumer health awareness over the past decade, contributing to the region’s high demand for animal sources of protein.
As one of the top producers and exporters of animal sources such as pork and beef and soy worldwide, Brazil and Argentina are essential contributors to the growth of both the animal and plant-based protein ingredients industry.
The level of investment in the region has increased significantly over the past decade, contributing to the overall growth of the protein ingredients industry. This growth is expected to continue in the coming years. Furthermore, the region has witnessed a rise in consumer health awareness, contributing to the high demand for animal sources of protein.
Read more: https://www.marketsandmarkets.com/Market-Reports/protein-ingredients-market-114688236.html
The key players headquartered in this market include Kerry Group plc (Ireland), Arla Foods amba (Denmark), Roquette Freres (France) and Cosucra (Belgium). They are further contributing to the industry ecosystem positively.