Functional Protein Market Research Report

 

Growth opportunities in the Functional Protein Market look promising over the next six years. This is mainly due to the rising recognition of healthy food items, altering lifestyle, and increasing prevalence of diabetes and obesity.

Request for a FREE Sample Report on Functional Protein Market

Functional Protein Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The increasing inclination of individuals towards healthy and nutritional food items led by the expanding health awareness among consumers is one of the most prominent drivers supplementing the global functional protein market growth. In accordance with the IDF, approximately 463 million people suffer from diabetes around the world, out of which 55 million individuals in the MEAN region have diabetes. This number is forecasted to rise and reach 108 million by the end of 2045. Also, the augmenting incidence of various diseases such as cholesterol, diabetes, and obesity has strengthened the functional protein market size. The millennial population largely prefers functional food products owing to their busy and hectic lifestyle.

The ingredients in this protein bring about the biological effect when consumed by a human being or animal. For example, the raw soybean includes an ingredient, trypsin inhibitor, which improves the capability of animals and the human body to digest protein easily. Moreover, the enlargement of the animal feed industry primarily in the emerging countries, including India, China, and Brazil, owing to the aggravating demand for dairy derivatives on a domestic level, is further supplementing the market growth. However, their high cost may hamper the market growth. In addition, animal-based proteins are experiencing a contraction in demand due to the transpiring trend of the vegan population and the health benefits of vegetarianism.

Product Segment Drivers

Based on the product, hydrolysates are projected to witness a higher CAGR during the forecast period. This is primarily because this type of product is prebiotic, hypertensive, and anti-micro biotic, which is mainly employed in the manufacturing of products for infants and clinical nutrition. On the other hand, the casein & caseinates are predicted to lead the market during the forecast period. Casein offers enormous functional properties such as structure formation, water binding, foaming, heat stability, and emulsification. Additionally, the increasing consciousness concerned with the advantages of this product is bolstering the functional protein market share.

Functional Protein Market’s leading Manufacturers:

·        Glanbia PLC

·        DuPont

·        Cargill, Incorporated

·        Ingredion

·        DSM

·        Roquette Frères

·        SunOpta

·        Fonterra Co-operative Group Limited

·        BASF SE

·        ADM

Functional Protein Market Segmentation:

Segmentation by Type

·        Hydrolysates

·        Whey Protein Concentrates

·        Whey Protein Isolates

·        Casein/Caseinates

·        Soy Protein

·        Others

Segmentation by Source

·        Animal Source

·        Plant Source

Segmentation by Application

·        Functional Food

·        Functional Beverages

·        Dietary Supplements

·        Sports Nutrition

·        Animal Nutrition

Segmentation by Form

·        Dry

·        Liquid

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com