The global functional proteins market is expected to reach
USD 7.45 billion by 2025, growing at a CAGR of 7.5%, according to a new report
by Grand View Research, Inc. Rising importance of protein-fortified convenience
foods as a result of extensive advertising campaigns by nutraceutical suppliers
in e-commerce portals and electronics media is expected to have a substantial
impact. Furthermore, the increasing market penetration of powdered drink mixes
as a result of product innovation by companies including General Foods
Corporation is expected to play a crucial role in promoting the functional
proteins consumption in the near future.
Whey protein isolates (WPI) accounted
for 26.1% of global industry share in 2016. The segment is expected to witness
significant gains owing to the introduction of the product forms in vanilla and
chocolate flavors on a global level. Furthermore, increasing awareness towards
enhancing muscular strength among athletes as well as gym professionals in
emerging markets including Mexico, South Africa, China, and India is expected
to broaden the application scope of WPI as sports nutrition goods over the next
eight years.
Browse full research report on Functional Protein Market: https://www.grandviewresearch.com/industry-analysis/functional-protein-market
Further key findings from the report suggest:
- Global functional proteins demand was stood at 823.9 kilo
tons in the year, 2016 and is projected to foresee growth at a CAGR of
6.4% from 2017 to 2025.
- Functional beverages are projected to foresee fastest volume
growth at a CAGR of 7.0% from 2017 to 2025. Rising importance of protein
shakes for weight management amongst working class professionals as a
result of endorsement by fitness experts to use functional beverage is
expected to expand the industry size.
- Dry forms are projected to foresee revenue growth at a CAGR
of 7.2% from 2017 to 2025. Rising R&D spending towards the processing
of spray-dried serum (SDS), spray-dried plasma (SDP) and globulin
concentrate which are processed to use as colostrum supplements or
replacers for feeding calves is expected to open the new avenues.
- Asia Pacific is projected to witness high revenue growth at a
CAGR of 8.2% from 2017 to 2025. Significant gains in functional food &
beverage production in China, India, and Malaysia as a result of favorable
government policies including the reduction in import duties of
consumables or equipment, to promote the foreign investments is expected
to play a fundamental role in increase the fortification of functional
nutrition ingredients.
- Major manufacturers include Kerry Group, Fonterra, Arla Foods
AMBA, Glanbia, Saputo Ingredients APC Inc., and Friesland Campina. The
introduction of new products and the formation of strategic alliances with
buyers in nutraceuticals and animal feed sectors are projected to remain
critical success factors over the next eight years.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/functional-protein-market/request/rs1
Grand View Research has segmented the global functional proteins
market on the basis of product, form, application, and region:
Functional Proteins Product Outlook (Volume, Kilo Tons; Revenue,
USD Million; 2014 - 2025)
- Hydrolysates
- Whey
Protein Concentrates (WPC)
- Whey
Protein Isolates (WPI)
- Casein
& Caseinates
- Soy
Protein
- Others
Functional Proteins Form Outlook (Volume, Kilo Tons; Revenue, USD
Million; 2014 - 2025)
- Dry
- Liquid
Functional Proteins Application Outlook (Volume, Kilo Tons;
Revenue, USD Million; 2014 - 2025)
- Functional
Foods
- Functional
Beverages
- Dietary
Supplements
- Animal
Nutrition
Functional Proteins Regional Outlook (Volume, Kilo Tons; Revenue,
USD Million; 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- RoW
- Brazil
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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