Global Functional Proteins Market
The global Functional Proteins Market was valued at USD 3.81 billion in 2016 and is projected to reach USD 6.62 billion by 2025, growing at a CAGR of 6.3% from 2017 to 2025.
Proteins that have biological activity can be referred to as functional proteins. There are several examples of functional proteins in animal nutrition. Functional proteins possess several advantages including improved health, lowering the effects of pathogens, and reducing recovery times of intestinal disorders.
1. Market Drivers
1.1 Growing demand for nutraceuticals
1.2 Increasing popularity of dietary supplements and sports nutrition functional foods
1.3 Technological advancements
2. Market Restraints
2.1 Lack of awareness
2.2 High prices as compared to alternatives
The global Functional Proteins Market is segmented on the basis of product, form, source, application, and region.
1. Global Functional Proteins Market, by Product:
1.2 Whey Protein Concentrates (WPC)
1.3 Whey Protein Isolates (WPI)
1.4 Casein & Caseinates
1.5 Soy Protein
2. Global Functional Proteins Market, by Form:
3. Global Functional Proteins Market, by Source:
3.1.1 Dairy Protein
3.1.2 Egg Protein
3.2.1 Soy Protein
3.2.2 Wheat Protein
3.2.3 Vegetable Protein
4. Global Functional Proteins Market, by Application:
4.1 Functional Foods
4.1.1 Infant Formula
4.1.2 Sports Nutrition and Clinical Nutrition
4.2 Functional Beverages
4.3 Dietary Supplements
4.4 Animal Nutrition
5. Global Functional Proteins Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Arla Foods AMBA
2. Fonterra Co-Operative Group
3. Glanbia PLC
4. Kerry Group
5. DSM N.V.
8. APC Inc.
9. Saputo Ingredients
10. Abbott Nutrition
11. Real Dairy Australia Pty Ltd.
13. Friesland Campina
14. Real Dairy Australia Pty Ltd
15. Milk Specialties Global
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Functional Proteins Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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