The Global Soy and Milk Protein Ingredients Market is Expected to Cross USD 13,000 Million in 2018: Transparency Market Research

The Global Soy and Milk Protein Ingredients Market is Expected to Cross USD 13,000 Million in 2018: Transparency Market Research PR Newswire ALBANY, New York, October 30, 2012 ALBANY, New York, October 30, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Global Soy & Milk Protein Ingredients Market (Concentrates, Isolates & Hydrolysates) - Industry Analysis, Market Size, Share, Growth and Forecast, 2010 - 2018," the global market for soy and milk protein ingredients was estimated to be worth USD 8,500 million in 2010 and is expected to cross USD 13,000 million in 2018, growing at a CAGR of over 6% from 2013 to 2018. In the overall global market, Europe is the largest consumer of soy proteins; however Asia Pacific is expected to be the most promising market in the near future. Browse the full report at http://www.transparencymarketresearch.com/soy-and-milk-protein-ingredients- market.html The market for soy protein is mainly driven due to health benefits associated with it, better and economical source of high quality proteins and its functional properties. However, negative impact of genetically modified (GM) soy and the challenging environment of the protein industry including milk proteins, pea proteins and other animal proteins can prove to be the major barriers of the market.