Global Functional Proteins Market: 2022 Industry Size, Shares, Segment & Forecast up to 2028

Some of the key players operating in the functional proteins market are Fonterra Co-Operative Group, Arla Foods AMBA, Kerry Group, ADM, Glanbia PLC, APC Inc., DowDuPont, Omega Protein Corporation, Darling Ingredients., SunOpta, Roquette Frères, Ingredion, BASF and Cargill amongst others. These players are set to bolster the development of global functional proteins market.

According to analysts at Zion Market Research, the global functional proteins market accounted for USD 4.48 Billion in 2020 and is expected to reach USD 6.98 Billion by 2028, growing at a CAGR of 5.7% from 2021 to 2028.

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This review is based on a report by Zion Market Research, titled "Functional Proteins Market by Product (Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Casein & Caseinates, Soy Protein and Others), by Form (Dry and Liquid) by Application (Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition, Sports Nutrition), by Source (Animal and Plant): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2028."

Rising Consumer Health Consciousness to Spur Market Growth

Growing health consciousness among the consumers is one of the major factors driving this market. Consumers all over the world have become increasingly health-conscious, emphasizing on the importance of a well-balanced diet. This is also due to the significant prevalence of chronic diseases in the population, such as diabetes, lipid abnormalities, and obesity. The global market is thus witnessing significant growth due to an increase in demand for nutraceuticals in order to maintain a balanced diet while also increasing nutritional value.

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Additionally, a considerable increase in demand for medical nutrition to maintain a high level of nutrition in newborns and pregnant women, particularly in developed nations, is also expected to boost the global functional proteins market.

Urban Lifestyles and Rising Income Support Asia Pacific Dominance

With the largest share, Asia Pacific was a leading regional market for functional proteins in 2020 followed by North America. The growth of this region is mainly attributed to growing hectic lifestyles and urban populations clubbed with rise in disposable income and interest in the health benefits offered by functional proteins in this region. Moreover, increased prevalence of cardiovascular disorders and high blood pressure among people in the region may also bolster the growth of the market. North America is expected to grow with the highest CAGR during the analysis period.

Browse the full "Functional Proteins Market by Product (Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Casein & Caseinates, Soy Protein and Others), by Form (Dry and Liquid) by Application (Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition, Sports Nutrition), by Source (Animal and Plant): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2028." Report at https://www.zionmarketresearch.com/report/functional-proteins-market

The global functional proteins market is segmented as follows:

By Product

Hydrolysates
Whey Protein Concentrates
Whey Protein Isolates
Casein & Caseinates
Soy Protein
Others
By Form

Dry
Liquid
By Application

Functional Food
Functional Beverages
Dietary Supplements
Animal Nutrition
Sports Nutrition

By Source

Animal
Plant

By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

𝐁𝐫𝐨𝐰𝐬𝐞 𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 @ https://www.zionmarketresearch.com/news/functional-proteins-market

Frequently Asked Questions (FAQ):

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𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐙𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

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