Functional Proteins Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research

The global functional proteins market is set to grow at formidable rate during the forecast period. The market growth can be attributed to the primary driving forces such as rising health-consciousness among population regarding nutritious diet coupled with the diversifying applications of functional proteins in F&B subsegments, such as bread & pastry, pasta & noodles and other dairy applications. Besides, growing millennial population and rise in personal disposable income of the population are also driving the growth of the global functional proteins market. Additionally, shift in consumer preferences on account of high prevalence of chronic disorders is contributing to the market growth. Growing trend of consuming alternative proteins such as plant-based alternatives coupled with rising vegan population in the country are expected to fuel the growth of the global functional proteins market in the coming years. Expanding number of varieties of health supplements such as dietary supplements and rising popularity of sports nutrition functional foods among millennial population are supporting the growth of the global functional proteins market.

The global functional proteins market is segmented on the basis of type, application, source, region, and company. Based on the type, the market is further divided into hydrolysates, whey protein concentrates, whey protein isolates, caseinates, soy proteins, and others. The hydrolysates segment is expected to hold the largest share in the global functional proteins market owing to their grater adoption in infant and clinical nutrition. Based on the application, the market is further fragmented into functional food, functional beverages, dietary supplements & animal nutrition. The functional foods market is anticipated to dominate the global functional proteins market in the forecast period. Growing importance of nutritional fortification in food processing industry and introduction of new convenience food products with functional proteins are driving the segment growth.

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Global Functional Proteins market is controlled by these major players, namely– Kerry Group (Ireland), Glanbia, Plc (Ireland), Arla Foods (Denmark), Fonterra Co-operative Group Limited (New Zealand), Koninklijke DSM N.V. (Netherlands), etc.

Objective of the Study:

  • To outline, classify and estimate the Global Functional Proteins market on the basis of type, application, source, form and regional distribution.
  • To study and forecast the Global market size of the Functional Proteins, in terms of value and volume.
  • To project the size of Functional Proteins market, in terms of value and volume, with respect to key types such as Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Caseinates, Soy Protein and Others.
  • To understand the regional market structure of Functional Proteins market, the global Functional Proteins market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
  • To identify the detailed information about the prime factors affecting the global Functional Proteins market.
  • To evaluate competitor pricing, average market selling prices and margins in the global Functional Proteins market.
  • To examine competitive developments such as expansions, new entrants in the global Functional Proteins market.
  • To strategically profile the leading players in the market which are involved in the manufacturing and supply of Functional Proteins worldwide.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Functional Proteins manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the types, applications, forms, sources, distribution network and regional presence of all major Functional Proteins manufacturers across the globe.

TechSci Research calculated the market size for Global Functional Proteins using a bottom-up approach, where manufacturers’ value sales data for standard types (Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Caseinates, Soy Protein and Others) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

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Key Target Audience:

  • Functional Proteins Manufacturers and Suppliers
  • Research organizations and consulting companies
  • Trade Associations, organizations, forums and alliances related to Functional Proteins
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Functional Proteins manufacturers, distributors and dealers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Type
  • Application
  • Source
  • Form

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Indonesia; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iran

Key Companies Profiled

Kerry Group (Ireland), Glanbia, Plc (Ireland), Arla Foods (Denmark), Fonterra Co-operative Group Limited (New Zealand), Koninklijke DSM N.V. (Netherlands).

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the Functional Proteins has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Functional Proteins Market, by Type:
    • Hydrolysates
    • Whey Protein Concentrates
    • Whey Protein Isolates
    • Caseinates
    • Soy Protein
    • Others
  • Functional Proteins Market, by Application:
    • Functional Food
    • Functional Beverages
    • Dietary Supplements
    • Animal Nutrition
  • Functional Proteins Market, by Source:
    • Plant
    • Animal
  • Functional Proteins Market, by Form:
    • Liquid
    • Powder
  • Functional Proteins Market, by Geography:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Indonesia
      • Rest of APAC
    • North America
      • U.S.
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Iran
      • South Africa
    • South America
      • Brazil
      • Colombia
      • Argentina
      • Rest of South America

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.

Company Profiles: Detailed analysis of the major companies present in the Functional Proteins market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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