Global Functional Protein Market Size and Revenue Forecasts
The report on the Global Functional Protein Market initially offers an in-depth overview of the Functional Protein Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
The global functional protein market size was USD 7.30 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.5% during the forecast period. Rising prevalence of chronic diseases, particularly cancer, Cardiovascular Disease (CVD), Gastrointestinal (GI) tract disorders, and neurological diseases is a key factor driving market revenue growth. According to World Health Organization (WHO), 41 million people every year due to chronic diseases, globally. Cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional protein serves an important part in sustaining a healthy lifestyle and lowering disease risk factors. Functional proteins are biologically active proteins that aid in the maintenance and enhancement of proper immunological function. These proteins help to lower Low-Density Lipoproteins (LDL) cholesterol levels and reduce the risk of heart disease, which also aid in weight management and reduce the risk of obesity.
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The report highlights the current impact of COVID-19 on the Functional Protein market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Functional Protein according to the impact of COVID-19.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Functional Protein market expected to boost the growth of the industry in the coming years.
Functional Protein Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019–2032)
- Protein Bars
- Protein Powder
- Protein Drinks and Shakes
- Functional Foods
- Protein Supplements
Source Outlook (Revenue, USD Billion; 2019–2032)
- Animal
- Plant
- Microbial
Functionality Outlook (Revenue, USD Billion; 2019–2032)
- Muscle Building and Recovery
- Weight Management
- Digestive Health
- Bone Health
- Immune Support
- Cardiovascular Health
- Anti-Aging
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Functional Protein market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
ADM, DuPont, Cargill, Incorporated¸ Ingredion, Arla Foods amba, Roquette Frères, BASF SE, Glanbia PLC, Fonterra Co-operative Group Limited, and DSM
Regional Landscape section of the Functional Protein report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Functional Protein market throughout the forecast period?
- What are the current and future market trends of the Functional Protein market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Highlights of Table of Contents (TOC):
- Overview of Global Functional Protein Market
- Competitive analysis of the Functional Protein market
- Regional analysis of Global Functional Protein market production and revenue
- Regional analysis of Global Functional Protein market supply, consumption, and export & import
- Type-based market analysis of global Functional Protein production, revenue, and price trends
- Application-based analysis of the global Functional Protein market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Functional Protein market
- Conclusion of the research report
- Appendix
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