Report Code: A15547 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Corn Protein Market
Request Now !In the forecast period the rising demand for natural and plant-based products would drive the growth of the corn protein market. Corn protein contains a significant amount of bioactive peptides.
One of the major factors expected to support the market's expansion is the surge in consumer desire for organic food products. In the projection period strong demand for maize protein in the medical industry, as it is not susceptible to viruses and dangers like animal protein, and rising disposable incomes of people are also expected to fuel demand for corn protein. Furthermore, constant corn protein research & development, as well as a strong demand for plant-based goods, are expected to propel the corn protein market forward.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Increasing demand for vegan food in the US
One of the key factors driving rising demand for corn-protein among food and nutrition makers in the United States is rising customer interest in vegan cuisine due to its health benefits as well as environmental and animal welfare concerns. Maize protein has a high branch amino acid concentration and does not require allergen labelling, causing manufacturers to pay more attention to using corn protein in their products.
The country is also home to some of the most important players in the corn protein sector. The regulatory guidelines that encourage daily protein consumption also contribute to corn protein's significant market share in the country.
Market Demand for Corn Protein as an Animal Protein Substitute
Consumers are shifting away from animal goods and toward vegan plant-based food products like corn protein for ethical grounds such as animal welfare, environmental sustainability, and social responsibility.
Vegan demand will be boosted by the growing impression that plant-based foods are healthier and more natural than synthetic and non-vegan alternatives. Corn protein market expansion is likely to be fueled by increased demand for vegetarian and clean label food items that are plant-based, healthier, and more inexpensive.
Rising consumer demand for the Organic products due to health concerns
Due to the health benefits of organic food and government support for organic food production, consumer demand for organic food items is likely to grow significantly in the coming years. Protein manufacturers and suppliers are tailoring their product offers to meet customer demand. Due to high profit margins and desire for natural and plant-based products, a growing number of companies are joining the organic protein sector. Additionally, producers are expected to sell their products with natural labels and organic certifications in order to appeal to the growing number of consumers looking for plant-based protein such as corn protein.
Key Benefits of the Report
Questions answered in the Report
Corn Protein Market Report Highlights
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Key Market Players | Pawar Agro Industries, A.D.M. Engineering, Meihua Holdings Group Co. Ltd., Sodrugestvo Group S.a., Paramesu Biotech Pvt. Ltd., DowDuPont, AGT Food Ingredients, Ingredion Inc, Agridient Inc., CargillIngredion Incorporated, Tate & Lyle plc. |
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