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The global soy and milk protein ingredients market reached a value of US$ 11.2 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Protein plays a vital role in the everyday diet of human beings as it assists growth and healing in the body. However, as humans are incapable of producing proteins on their own, they rely on animals and plants for meeting their requirements. Some of the sources of animal proteins are milk, eggs, fish, meat, and gelatin, whereas, plant protein sources include peas, soy, rice, wheat, and canola. Amongst these, soy and milk protein products have gained immense popularity among the vegan and vegetarian consumers, respectively.
IMARC Group’s latest report provides a deep insight into the global soy and milk protein ingredients market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global soy and milk protein ingredients market in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the global soy and milk protein ingredients market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product type and application.
Breakup by Product Type:
Amongst these, soy protein isolate and casein represent the most popular type of soy and milk protein ingredients, respectively.
Breakup by Application:
On a geographical front, North America enjoys the leading position in the soy and milk protein ingredients market, holding the largest market share.
The competitive landscape of the market has also been examined in the report along with the detailed company profiles of the leading market players. Some the key manufacturers are
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