Report Ocean published a recovery-based report for ‘Global Functional Proteins Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Functional Proteins Market is valued at approximately USD 4.86 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2022-2028.
Functional proteins are the complex mixture of biologically active proteins that are ingested to increase the body’s resistance against invaders, as they have extended nutrition value thus restores the body’s immunity. Increase in the number of prevalent cases of chronic diseases, increase in population adapting functional and ready-to-use foods and increase in demand for functional proteins by fitness enthusiasts, has driven the adoption of Functional Proteins across the projected period.
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For Instance: Arla Food Ingredients, in 2019 introduced a 100% Whey Protein isolate ingredient designed for ready-to-drink protein beverages targeting fitness enthusiasts. Also, emergence of plant-based protein in the market is most likely to boost the overall growth of the Functional Proteins Market. However, high cost of functional food can obstruct the market’s expansion over the projection period of 2022-2028.
The key regions considered for the global Functional Proteins Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. High prevalence of chronic diseases and lack of balanced dietary intake are driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to the rise in population adapting Functional Food.
Major market players included in this report are:
- Kerry Inc.
- Glanbia plc
- Fonterra Co-operative Group
- AMCO Proteins
- Milk Specialties
- Ingredia SA
- FrieslandCampina
- Archer Daniels Midland Company
- MGP Ingredients Inc.
- DuPont de Nemours, Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Source:
Plants
Animals
By Type:
Hydrolysates
Whey-based
Casein & Caseinate
Soy-based
By Structure:
Primary
Secondary
Tertiary
Quaternary
By Form:
Liquid
Powder
By Application:
Functional Food & Beverages
Dietary Supplements
Animal Nutrition
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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