Functional Proteins Market Increasing at A Phenomenal Pace to Reach USD 6.98 Billion by 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.

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.

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

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com