Do. Mrz 28th, 2024

Report Description

A recent market intelligence report that is published by Data Insights Partner on Functional Proteins Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international. The research study also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and world Functional Proteins Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of international Functional Proteins Market is offered.

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Market Insights:

In accordance with the report, the Functional Proteins Market is projected to expand at a CAGR of X.X% over the period of forecast.  The global Functional Proteins Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast period. The rise in demand for animal-derived proteins in sports and fitness nutrition, as well as the development of diverse protein components such as concentrates and isolates for food sector applications, are driving the global functional proteins market. The market is developing due to rising personal disposable income and rising consumer awareness of the need of maintaining good health and fitness. Furthermore, throughout the projected period, recent innovations in protein powder manufacturing to promote health advantages such as muscle gain and fat reduction create profitable potential for market competitors. However, the high cost of R&D and severe regulations imposed by regulatory agencies stifle industry expansion. Owing to the changes in lifestyles, a lack of balanced food intake, and enhanced R&D to develop new kinds of functional plant-protein enriched goods, North American functional proteins is growing at a rapid rate. The United States continues to dominate the plant protein industry, with Canada and Mexico following closely after. The market for plant-based protein in the region has been fueled by the demand for processed and low-cholesterol foods. This shift will be visible in developing countries as well, as medical nutrition demand is expected to rise in the future years. In 2020 – Kerry acquired Pevesa Biotech, a Spanish company specializing in non-allergenic and organic plant protein ingredients for infant, general, and clinical nutrition. In 2018 – Kerry acquired Ojah BV, a Dutch plant protein manufacturing company, in order to commercialize the latter’s High Moisture Extrusion (HME) technology of texturizing vegetable proteins as meat and fish alternatives.

Research Methodology:

To compile the detailed study of the global Functional Proteins Market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Functional Proteins Market. Comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, Industrial papers, and paid databases. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the Functional Proteins Market.

COVID-19 Scenario Analysis:

The COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. This section of the report has explored the overall status of the COVID-19 scenario. The industry witnessed a huge decline in terms of sales. Likewise, the Functional Proteins Market was affected negatively due to the shutdown of manufacturing/processing facilities for some time. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

Segment Covered:

Functional Proteins Market report has been segmented By Product Type, By Form, By Application, By Source also includes the market size and forecast for all these segments. Compounded annual growth rates for all segments have also been provided for 2019 to 2031. This report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

Key Segments:

Functional Proteins Market research report includes an in-depth coverage of the industry with estimates & forecast from 2022 to 2031, for the following segments:

Functional Proteins Market, By Product Type, 2022-2031 (USD Million)

 

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

Functional Proteins Market, By Form, 2022-2031 (USD Million)

 

Dry
Liquid

Functional Proteins Market, By Application, 2022-2031 (USD Million)

 

Functional Food
Functional Beverages
Dietary Supplements
Animal Nutrition
Sports Nutrition

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Functional Proteins Market, By Source, 2022-2031 (USD Million)

 

Animal
Plant

Report Highlights:

The prime objective of the Functional Proteins Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with different major regions and more than 30 major countries across the globe. During the report’s production, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.

Functional Proteins Market, By Region, 2022-2031 (USD Million)

 

North America ( United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
South Asia ( India, Pakistan and Bangladesh)
East Asia (China, Japan and South Korea)
South East Asia (Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
Middle East (Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
Africa (Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
South America (Brazil, Argentina, Colombia, Chile, and Rest of SA)
Oceania (Australia and New Zealand)

Companies Profiled:

To enhance their position in the global market, key suppliers/manufacturers are concentrating on business expansion and product innovation. Manufacturers/producers are also working on boosting their manufacturing capacity and product quality to gain a competitive advantage. The following are some of the prominent manufacturers in the worldwide Functional Proteins Market:

ADM
APC Inc.
Arla Foods AMBA
Darling Ingredients.
DowDuPont
Fonterra Co-Operative Group
Glanbia PLC
Ingredion
Kerry Group
Omega Protein Corporation
Roquette Frères
SunOpta
BASF and Cargill
Others

Functional Proteins Market Report Highlights:

Detailed analysis of the parent market
Key players’ strategies and products supplied in the competitive landscape
Market segmentation in depth analysis
Market size in terms of volume and value, past, present, and future scenario
Potential and specialty areas, as well as geographical regions with promising growth prospects
Market players use this information to maintain and expand their market presence, thus it’s important to have an unbiased perspective on market performance.

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