Functional Proteins Market Size, Share, Application, Analysis and Forecast To 2025
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.
Germany functional protein market, by product, 2014 - 2025 (Kilo Tons) |
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.
Full
Research Report On Global Functional Proteins Market Analysis:
www.grandviewresearch.com/industry-analysis/functional-protein-market
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.
View more
reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
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
View press
release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/global-functional-protein-market
www.grandviewresearch.com/press-release/global-functional-protein-market
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
information: www.grandviewresearch.com
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