The new report by Expert Market Research titled, ‘Global Zein Protein Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global zein protein market, assessing the market based on its segments like application, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 5.8%
The growth of the global market for zein protein is driven by its widespread application across various industries such as fibre, adhesive, coating, ceramic, ink, cosmetics, textile, chewing gum, and biodegradable plastics, among others. Zein protein is an alternative to dairy and meat-based proteins. The increasing health awareness among consumers and the shift towards vegan dairy-free, and plant-based products are anticipated to propel the demand. Additionally, the demand is expected to be aided over the coming years owing to the commercial desirability of the new innovative tough, grease-proof, and hydrophobic, zein protein coatings.
Market Segmentation
Zein protein is a water-soluble protein, obtained from the endosperm tissue or corn gluten. It is rich in amino acid proline, and thus is classified as a prolamin protein. Zein protein finds application primarily as a raw material for coating in the food and beverage industry. These coatings are known for their anti-microbial properties thereby enhancing the shelf life of food products.
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Based on application, the market is segmented into:
• Food and Beverage
• Pharmaceutical
• Cosmetics
• Coating Agents
• Others
The regional markets for zein protein include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
Regionally, Europe is anticipated to hold a significant share in the global market for zein protein. The presence of a developed food and beverage industry with rising adoption of various plant-based, and dairy-free food ingredients are likely to drive regional growth. Moreover, properties of zein proteins such as enhancement of shelf life, texture, appearance, and aroma of food products are projected to aid the adoption of zein based coatings over other plant-based coatings. Meanwhile, Asia Pacific is anticipated to witness the fastest growth rate over the forecast period. This can be attributed to the factors such as increasing penetration of key food and beverage players, rising expenditure on packaged food, and rising awareness of vegan and plant-based diets.
Key Market Players
The major players in the market are Flo Chemical Corporation, A.F. SUTER & CO. LTD, Glentham Life Sciences Ltd, Merck KGaA, and Haihang Industry Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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