Analysis of Procream market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Procream is a kind of whey protein concentrate. Procream is a co-product of whey protein, which contains a high level of both phospholipids and whey protein. Procream is primarily used in nutrition and weight gainer supplements. Globally, the demand for whey products has increased since the last five years and is fueling the procream market significantly. Further, the use of procream in various bakery items is increasing drastically for enhancing the creaminess and texture of the recipe.
Rising consumers’ awareness and healthier eating lifestyle is boosting the procream market growth at a greater extent. IDI SAS, a French dairy company, which is an expert in manufacturing and developing dairy ingredients has developed several new ingredients offering healthier frozen desserts and icecreams.
The demand for procream is mainly influenced by health benefits as procream enables the user to reduce sugar and fat content of the food, which offers several health benefits to the consumers. The procream is designed to meet definite requirements such as taste, flow properties and cost optimization. Furthermore, procream also acts as a stabilizer when used for the formation of icecreams. Use of procream in various animal nutrition is expected to increase moderately during the forecast period.
The global market of procream is likely to increase in the upcoming forecast period because of its three primary end-use industries including food, dairy and bakery industry. According to Fact.MR, its market is likely to grow at an average higher-digit CAGR (compound annual growth rate) in the forecast period.
Europe dominated the global market for procream in 2018. North America and South Asia region are expected to witness a sizable rise in the overall sales of procream. Countries including the U.S., China, India, Indonesia and Malaysia among others are expected to propel the demand for procream over the forecast period. Prominent companies are significantly contributing to the production of whey supplements, thereby boosting the growth of procream market globally.
Procream is cost saving compared to the traditional skimmed milk powder. Procream contains around 18% of highly functional milk proteins and replaces 1:1 ratio, thus the procream improves the creaminess of the finished product significantly.
Demand for procream for preparing free-fat desserts such as fruit mousse, sorbets, meringues and ice creams is increasing drastically. Further, procream improves overall spreadability and reduces the viscosity of the final product, which offers a more opulent feel to the desserts. This great product is considered ‘Whey Protein Concentrate’ (WPI) and will be a cost savings additive ingredient for mass gainer applications and other instances where a minimum dose of fat is suitable.
The global market for procream comprises several developers, who are primarily converging on developing advanced version of procream mainly for food and beverage products. The companies engaged in the manufacturing and distribution of procream are focused on expanding their business footprint by enhancing their product portfolio related to procream. Some key market participants are Flacone Group, Gallo global Nutrition, Uelzena Group, INGREMA AG, Frigerio food ingredients, Makers Nutrition, Gemini Pharmaceuticals, Vox Nutrition, AIE Pharmaceuticals, Alfa Chemical Corp., NutraScience Labs, Le Sueur Isolates and Bongards' Creameries among other prominent players.
The research report presents a comprehensive assessment of the procream market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for procream. The research report provides analysis and information according to procream market segmented into form, end-use industry, application, and packaging type
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The report is a compilation of first-hand information of qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain for procream. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of procream. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The procream market can be segmented into form, end-use industry, application and packaging type
By form, the global procream market can be categorized into
The procream market can be segmented by its end-use industry into
By application, the procream can be segmented into
In packaging type segment, procream market can be segmented into
The global procream market can be segmented on the basis of geographical region as
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The procream market is predicted to grow at 8.3% CAGR during the forecast period.
The procream market has high growth potential due to rising consumers’ awareness and healthier eating lifestyles.
In the European region, manufacturers may find the most opportunities in the procream market.
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