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Functional Proteins Market Overview

The Global Functional Proteins Market was estimated at USD 5.7 billion in 2023, and is anticipated to reach USD 9.03 billion by 2032, growing at a CAGR of 5.24 %over the analysis period 2024-2032.

  • Functional proteins are biochemical compounds intricated virtually in every cell function. They contain polypeptides that conduct biological activities. Some proteins are involved in the protection against germs while some contribute to structural help. Functional proteins are critical to keeping the body working. They support growth, development, and maintain every part of our body i.e., including skin & hair to the digestive enzymes and immune systems. For example, the immunoglobulins present in colostrum has a beneficial impact on the immune system of animals. These functional proteins have various significance such as mitigate the effect of pathogens, improve health, and overcome recovery time after intestinal disorder. The global functional proteins market is turned by growth in demand for animal-derived proteins in sports and fitness nutrition and the development of various protein ingredients such as concentrates and isolates for utilization in the food industry. Moreover, recent advancements in protein powder production to encourage health benefits such as muscle gain and fat loss creates profitable opportunities for the functional proteins market players over the forecast period.

Functional Proteins Market- Comprehensive Study & Trends

Market Dynamics and Factors for the Functional Proteins Market:

Drivers:

Growing Instance of Chronic Diseases Coupled with Increasing Consumers Awareness

  • Growing demand for nutraceuticals and increasing consciousness towards maintaining healthy food and boosting the nutritional value of the human body is rising the growth of the functional protein market over the forecast period. Nutraceuticals are referred to as health supplements that support boosting health, defense chronic diseases, increase life expectancy, or help the structure or function of the body. Functional proteins are a composite mixture of biologically active proteins that supports and control normal immune function. Currently, the populace globally is likely toward a healthy lifestyle and is spending significantly on nutritional products. Functional proteins support declining blood pressure that is a major cause of strokes, heart attracts, and chronic kidney diseases. As per the estimates of the Centers for Disease Control and Prevention, about half of adults in the US are influenced by hypertension and are taking medication for hypertension. Moreover, the rate of patients suffering from obesity is escalating over the world. Obesity leads to different health problems such as certain types of cancer, heart disease, type 2 diabetes, and stroke. For example, as per the Centers for Disease Control and Prevention, the frequency of obesity in the US was 42.4% in 2017–2018. To reduce such problems, the populace is exploring new methods to stay fit and prefer healthy lifestyles. Such instances are expected to grow the demand for foods enhanced with functional proteins, helping in the market growth.

Restraints:

High Price for the Functional Proteins

  • Science and technology are supporting the consumer to choose foods that will help people manage their weight and overall health. Functional protein food items and dietary supplements involve remarkably high costs, which could play as a restraint for the growth of the functional proteins market. These products being less economic might hamper the growth of the functional proteins market, especially in price-sensitive countries such as South Africa and Mexico. Also, animal-based proteins are facing hinder as the vegan population is on the increase and the health benefits of vegetarianism are trending among consumers. The increasing demand for plant-based proteins is hurting the sale and consumption of animal-based proteins, which is hindering functional proteins market growth.

Stringent Regulations for Animal-Sourced Proteins

  • The US Food & Drug Administration (US FDA) has strict regulations concerning proteins from mammalian tissues. For instance, New Zealand's Ministry of Agriculture and Forestry (MAF) restraint ruminant protein feeding in any type, composition, or admixture to ruminants, owing to the risk of spreading Bovine Spongiform Encephalopathy (BSE), also known as mad cow disease. As a result, the ban has poorly influenced the supply of animal-based protein ingredients globally, as it restricts the trade and accessibility of some animal-based proteins intended for human use.

Challenges:

Growing Allergic Disease

  • Some of the factors that can hold back the growth of the functional proteins market are growing allergic diseases of plants or outbursts of diseases in poultry as plants and animals are the predominant sources of functional proteins.

Opportunities:

Changing Consumer Preferences towards the Plant-based Products

  • The market for plant proteins is rising at a high rate as consumers are drifting away from animal proteins to plant-based proteins. Rising shifts to environmental biodiversity, veganism, and animal compassion are the major factors progressive leading to the demand for plant-based proteins as substitute's functional ingredient. Hence, the plant-based protein market is anticipated to observe high demand and surging growth rate, presenting the number of opportunities for expansion and investment in the functional proteins market.

Market Segmentation

Segmentation for the Functional Proteins Market:

  • Based on the source, the plant source segment is expected to register the maximum functional proteins market share, owing to the growing demand for plant-based or vegan food diets. Plant-based ingredients have been known to disrupt the organoleptic value of a certain class of products. The major key players are investing in R&D of solutions to enhance the quality of the plant-based function ingredients including protein. For instance, in October 2019, Merit Functional Foods launched pea and canola protein ingredients the exceed industry standard for purity, solubility, taste, and other major attributes.
  • Based on the product type, hydrolysate segment is anticipated to dominates the functional protein market during the forecast period. Hydrolysate referred to any product of hydrolysis. Protein hydrolysate has special application in sports medicine due to its utilization which allows amino acids to be absorbed by the body more rapidly than intact proteins, therefore high nutrient delivery to muscle tissues. It is also utilized in the biotechnology industry as a supplement to cell cultures. These products are anti-micro biotic, antioxidants, prebiotic, hypertensive protein products aimed at utilizing in producing products for infant and clinical nutrition. Nevertheless, the high cost of hydrolysates as compared to other whey product forms is anticipated to restrict their market reach shortly. Furthermore, Casein is a source of various functional peptides comprising different characteristics such as structure formation, foaming, heat stability, water binding, and emulsification. Moreover, casein derivatives are employed in the food as well as the non-food application segments including animal nutrition where they offer functional significance.
  • Based on the form, the liquid segment accounted for the maximum functional proteins market share over the forecast period. growing sales volumes of dietary protein-based juices and functional beverages in emerged markets of North America and Europe on account of huge and wide brand campaigns by social advertising and electronics media is anticipated to have a positive impact of the functional protein market.
  • Based on the application, functional food is expected to register the largest functional proteins market share during the forecast period. Functional foods have a probably positive effect on health beyond basic nutrition. Promoters of functional foods encourage optimal health and support overcoming the risk of disease. The rising significance of nutritional fortification in the food processing industry on a global level as a result of changing climate patterns and hectic work life is anticipated to force buyers to focus on new convenience food products fortified with functional proteins.

Players Covered in Functional Proteins market are :

  • ADM (US)
  • DuPont (US)
  • Cargill (US)
  • Ingredion (US)
  • Arla Foods (UK)
  • Roquette (France)
  • BASF (Germany)
  • Glanbia (Ireland)
  • Fonterra (New Zealand)
  • DSM (Netherlands)
  • FrieslandCampina (Netherlands)
  • Essentia Protein Solutions (UK)
  • Amai Proteins (Israel)
  • Mycorena (Sweden)
  • Merit Functional Foods (Canada)
  • Plantible Foods (US)
  • BENEO (Germany)
  • ProtiFarm (Gelderland)
  • Omega Protein (US) and other major players.

Regional Analysis for the Functional Proteins Market:

  • North America is anticipated to dominate the functional proteins market over the forecast period due to the high frequency of chronic diseases in countries such as the US. Whey protein concentrates are reaching traction as consumers are switching to dairy proteins to accomplish their nutritional needs. Growing utilization of functional foods and dietary supplements. Moreover, the shifting lifestyle of consumers and the rapid growth of the middle-class population along with the rising consumer awareness regarding health and fitness is growing the growth of the functional protein market in this region.
  • The Asia Pacific is expected to register a significant functional protein market share throughout the forecast period. The rising urban population, busy lifestyle, and growing disposable income are anticipated to remain key factors responsible for growing the sales of dietary supplements. This trend is anticipated to encourage the dietary supplement manufacturers to establish their production units in the vicinity and thus, in turn, will create new industry avenues.

Key Industry Developments in the Functional Proteins Market:

  • In March 2024, Protein Industries Canada announced the launch of a collaborative project to address the growing demand for innovative food ingredients. In partnership with HPS Food & Ingredients, Burcon NutraScience, and Puratos Canada, the project aimed to develop high-value protein isolates and concentrates from sunflower and hemp flour. Burcon played a key role in extracting these innovative ingredients, enhancing the value of each crop. These advancements were designed to meet the evolving needs of food and beverage companies, offering sustainable and functional solutions for product development.
  • In March 2024, NETZSCH and ProteinDistillery announced a groundbreaking partnership to revolutionize protein production. This collaboration focused on developing sustainable and efficient protein sources to address the growing global demand for alternative proteins. By combining NETZSCH's advanced technological expertise with ProteinDistillery's innovative approaches, the partnership aimed to enhance the production processes and scalability of high-quality protein solutions.

Functional Proteins Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 5.7 billion

Forecast Period 2024-32 CAGR:

5.24 %

Market Size in 2032:

USD 9.03 billion

Segments Covered:

By Type

  • Whey Protein Concentrates
  • Isolates
  • Hydrolysates
  • Casein
  • Soy Protein

By Application

  • Dietary Supplements
  • Functional Beverages
  • Functional Foods
  • Animal Nutrition
  • Others

By Source

  • Plant
  • Animal

By Form

  • Liquid
  • Dry

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Instance of Chronic Diseases Coupled with Increasing Consumers Awareness

Key Market Restraints:

  • High Price for the Functional Proteins

Key Opportunities:

  • Changing Consumer Preferences towards the Plant-based Products

Companies Covered in the report:

  • ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By Source
 3.4 By Form

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Functional Proteins Market by Type
 5.1 Functional Proteins Market Overview Snapshot and Growth Engine
 5.2 Functional Proteins Market Overview
 5.3 Whey Protein Concentrates
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Whey Protein Concentrates: Grographic Segmentation
 5.4 Isolates
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Isolates: Grographic Segmentation
 5.5 Hydrolysates
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Hydrolysates: Grographic Segmentation
 5.6 Casein
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Casein: Grographic Segmentation
 5.7 Soy Protein
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Soy Protein: Grographic Segmentation

Chapter 6: Functional Proteins Market by Application
 6.1 Functional Proteins Market Overview Snapshot and Growth Engine
 6.2 Functional Proteins Market Overview
 6.3 Dietary Supplements
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Dietary Supplements: Grographic Segmentation
 6.4 Functional Beverages
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Functional Beverages: Grographic Segmentation
 6.5 Functional Foods
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Functional Foods: Grographic Segmentation
 6.6 Animal Nutrition
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Animal Nutrition: Grographic Segmentation
 6.7 Others
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Others: Grographic Segmentation

Chapter 7: Functional Proteins Market by Source
 7.1 Functional Proteins Market Overview Snapshot and Growth Engine
 7.2 Functional Proteins Market Overview
 7.3 Plant
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Plant: Grographic Segmentation
 7.4 Animal
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Animal: Grographic Segmentation

Chapter 8: Functional Proteins Market by Form
 8.1 Functional Proteins Market Overview Snapshot and Growth Engine
 8.2 Functional Proteins Market Overview
 8.3 Liquid
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2017-2032F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Liquid: Grographic Segmentation
 8.4 Dry
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2017-2032F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Dry: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Functional Proteins Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Functional Proteins Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Functional Proteins Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 ADM
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 DUPONT
 9.4 CARGILL
 9.5 INGREDION
 9.6 ARLA FOODS
 9.7 ROQUETTE
 9.8 BASF
 9.9 GLANBIA
 9.10 FONTERRA
 9.11 DSM
 9.12 FRIESLANDCAMPINA
 9.13 ESSENTIA PROTEIN SOLUTIONS
 9.14 AMAI PROTEINS
 9.15 MYCORENA
 9.16 MERIT FUNCTIONAL FOODS
 9.17 PLANTIBLE FOODS
 9.18 BENEO
 9.19 PROTIFARM
 9.20 OMEGA PROTEIN
 9.21 OTHER MAJOR PLAYERS

Chapter 10: Global Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Whey Protein Concentrates
  10.2.2 Isolates
  10.2.3 Hydrolysates
  10.2.4 Casein
  10.2.5 Soy Protein
 10.3 Historic and Forecasted Market Size By Application
  10.3.1 Dietary Supplements
  10.3.2 Functional Beverages
  10.3.3 Functional Foods
  10.3.4 Animal Nutrition
  10.3.5 Others
 10.4 Historic and Forecasted Market Size By Source
  10.4.1 Plant
  10.4.2 Animal
 10.5 Historic and Forecasted Market Size By Form
  10.5.1 Liquid
  10.5.2 Dry

Chapter 11: North America Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Whey Protein Concentrates
  11.4.2 Isolates
  11.4.3 Hydrolysates
  11.4.4 Casein
  11.4.5 Soy Protein
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Dietary Supplements
  11.5.2 Functional Beverages
  11.5.3 Functional Foods
  11.5.4 Animal Nutrition
  11.5.5 Others
 11.6 Historic and Forecasted Market Size By Source
  11.6.1 Plant
  11.6.2 Animal
 11.7 Historic and Forecasted Market Size By Form
  11.7.1 Liquid
  11.7.2 Dry
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Whey Protein Concentrates
  12.4.2 Isolates
  12.4.3 Hydrolysates
  12.4.4 Casein
  12.4.5 Soy Protein
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Dietary Supplements
  12.5.2 Functional Beverages
  12.5.3 Functional Foods
  12.5.4 Animal Nutrition
  12.5.5 Others
 12.6 Historic and Forecasted Market Size By Source
  12.6.1 Plant
  12.6.2 Animal
 12.7 Historic and Forecasted Market Size By Form
  12.7.1 Liquid
  12.7.2 Dry
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Whey Protein Concentrates
  13.4.2 Isolates
  13.4.3 Hydrolysates
  13.4.4 Casein
  13.4.5 Soy Protein
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Dietary Supplements
  13.5.2 Functional Beverages
  13.5.3 Functional Foods
  13.5.4 Animal Nutrition
  13.5.5 Others
 13.6 Historic and Forecasted Market Size By Source
  13.6.1 Plant
  13.6.2 Animal
 13.7 Historic and Forecasted Market Size By Form
  13.7.1 Liquid
  13.7.2 Dry
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Whey Protein Concentrates
  14.4.2 Isolates
  14.4.3 Hydrolysates
  14.4.4 Casein
  14.4.5 Soy Protein
 14.5 Historic and Forecasted Market Size By Application
  14.5.1 Dietary Supplements
  14.5.2 Functional Beverages
  14.5.3 Functional Foods
  14.5.4 Animal Nutrition
  14.5.5 Others
 14.6 Historic and Forecasted Market Size By Source
  14.6.1 Plant
  14.6.2 Animal
 14.7 Historic and Forecasted Market Size By Form
  14.7.1 Liquid
  14.7.2 Dry
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Functional Proteins Market Analysis, Insights and Forecast, 2017-2032
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Whey Protein Concentrates
  15.4.2 Isolates
  15.4.3 Hydrolysates
  15.4.4 Casein
  15.4.5 Soy Protein
 15.5 Historic and Forecasted Market Size By Application
  15.5.1 Dietary Supplements
  15.5.2 Functional Beverages
  15.5.3 Functional Foods
  15.5.4 Animal Nutrition
  15.5.5 Others
 15.6 Historic and Forecasted Market Size By Source
  15.6.1 Plant
  15.6.2 Animal
 15.7 Historic and Forecasted Market Size By Form
  15.7.1 Liquid
  15.7.2 Dry
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Functional Proteins Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 5.7 billion

Forecast Period 2024-32 CAGR:

5.24 %

Market Size in 2032:

USD 9.03 billion

Segments Covered:

By Type

  • Whey Protein Concentrates
  • Isolates
  • Hydrolysates
  • Casein
  • Soy Protein

By Application

  • Dietary Supplements
  • Functional Beverages
  • Functional Foods
  • Animal Nutrition
  • Others

By Source

  • Plant
  • Animal

By Form

  • Liquid
  • Dry

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Instance of Chronic Diseases Coupled with Increasing Consumers Awareness

Key Market Restraints:

  • High Price for the Functional Proteins

Key Opportunities:

  • Changing Consumer Preferences towards the Plant-based Products

Companies Covered in the report:

  • ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), and Other major players.
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Frequently Asked Questions :

What would be the forecast period in the Functional Proteins Market research report?

The forecast period in the Functional Proteins Market research report is 2024-2032.

Who are the key players in Functional Proteins Market?

ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), BASF (Germany), Glanbia (Ireland), Fonterra (New Zealand), DSM (Netherlands), FrieslandCampina (Netherlands), Essentia Protein Solutions (UK), Amai Proteins (Israel), Mycorena (Sweden), Merit Functional Foods (Canada), Plantible Foods (US), BENEO (Germany), ProtiFarm (Gelderland), Omega Protein (US), and other major players.

What are the segments of the Functional Proteins Market?

The Functional Proteins Market is segmented into type, application, source, form, and region. By Type, the market is categorized into Whey Protein Concentrates, Isolates, Hydrolysates, Casein, and Soy Protein. By Application, the market is categorized into Dietary Supplements, Functional Beverages, Functional Foods, Animal Nutrition, and Others. By Source, the market is categorized into Plant and Animal. By Form, the market is categorized into Liquid and Dry. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Functional Proteins Market?

Functional proteins are biochemical compounds intricated virtually in every cell function. They contain polypeptides that conduct biological activities. Some proteins are involved in the protection against germs while some contribute to structural help.

How big is the Functional Proteins Market?

The Global Functional Proteins Market was estimated at USD 5.7 billion in 2023, and is anticipated to reach USD 9.03 billion by 2032, growing at a CAGR of 5.24 %over the analysis period 2024-2032.