Soy and milk protein ingredients are proteins extracted from animal or plant sources. They are vital for the effective functioning of the cells. Animal protein is extracted from sources such as egg, meat, and fish whereas plant protein is derived from soy, pea, rice, and wheat. Soy proteins are among the most preferred alternatives to dairy proteins and meat which helped food producers to improve their profitability by reducing the cost. They offer a wide application in the food & beverage industry such as confectionery, emulsion-type sausages, bakery, dairy replacers, functional beverages and nutritional bars, and breakfast cereals.
Market Dynamics
Growing demand for protein ingredients in the cosmetic industry for the production of cosmetic products such as anti-aging creams and moisturizers is projected to bring new market opportunities. Rising use of protein ingredients in cosmetic products offers various benefits to the skin such as skin regeneration and repair, and is effective in treating dryness. Thus, the growing use of protein ingredients in cosmetic products is projected to foster market growth.
Growth in the food and beverage industry due to increasing government as well as consumer spending is projected to foster the market growth of soy and milk proteins ingredient.
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