Global Functional Protein Market Research Report - Forecast to 2025
Published Date | 2019 July 6
According to Blueweave Consulting, The Global Functional Protein Market has witnessed continued demand during the past few years and anticipated to touch XXXX kilo tons by 2025, with a CAGR of X.XX%. Increasing consumer awareness, particularly for dietary supplements and functional foods, has been a significant factor for market growth in recent years.
For illustration, in November 2018, DowDuPont Nutrition & Health wrote research conducted on plant-based protein and portrayed notable opportunities for the product Protein ingredients can be acquired from different sources, like plants or animals, and aid in repairing damaged cells. They also help in regulating weight, improving physical strength, lowering muscle loss caused by aging, and mitigating the risk of chronic diseases.
On the basis of Source, the global functional protein market is segmented into animal and plant. Among them, the animal protein segment holds the largest market share over the forecast period. Owing to its enhanced nutritional profile, its dominant usage in a larger number of end-use applications like functional beverages, and difficulty in substituting egg and gelatin in bakery and confectionery applications. The increasing demand for applications in sports nutrition, infant nutrition, and geriatric nutrition, influenced by lifestyle accredited to the various flavor profile and nutrition-rich attribute as compared to the plant-based protein.
Rising demand of functional protein across functional segments especially for sport nutrition and digestive nutrition is anticipated to boost the global functional protein market. Amassed sport activities and gym activities is generating the huge demand of sport nutrition in the market. Due to busy lifestyle and intake of unhealthy food, digestive system is getting affected. Functional protein consumes has been effective to increase digestive system compare to other medicines available in the market
Europe is the dominating region of the functional protein market with more than XX% market share and it is estimated to touch over XXX kilo tons with CAGR of X.XX% by 2025.
The Asia Pacific is the fastest growing region during forecast period with a CAGR of X.XX%. Increasing fame of sport nutrition and weight management nutrition in Europe is propelling the market development. Moreover, shifting consumer lifestyle trends and rising awareness about health benefits of functional protein in Asia Pacific region is playing a crucial role in the market growth over the last few years.
Supermarket holds the largest market share of entire functional protein market with more than XX % market share and likely to extent XXX kilo tons with CAGR X.X% by 2025. Online channel is projected to witness the higher growth rate X.XX% during forecast period 2019 to 2025.
The leading market players in the global functional protein market primarily are Glanbia Plc.(Ireland), Archer Daniels Midland Company (U.S.), GNC Holdings Inc (U.S.), Herbalife ltd (U.S.), NBTY, Inc. (U.S.), Shandong sinoglory health food co., ltd (China) and MaxiNutrition (U.K.)
· Functional Protein manufacturers
· Pharmaceutical Industry
· Food and beverages industry
· Sport Nutrition Manufacturers
· Retailers and wholesalers
· Traders, importers and exporters
· The global functional protein market is likely to touch XXX kilo tons by 2025 of X.XX%
· Animal protein will continue to lead the functional protein market with XX% market share and anticipated to reach 1,118 kilo tons with CAGR of X.XX% by 2025
· Powder form will continue its dominance over the forecast period with a market of XX% and it is proposed to reach XXX kilo tons with CAGR of X.XX%.
Regional and Country Analysis of functional protein market Development and Demand Forecast to 2025 Market
The reports also cover country level analysis:
· Rest of Europe
Asia – Pacific
· Saudi Arabia
· Rest of MEA
· Rest of Latin America