Functional Proteins Market 2022 Revenue Is Estimated To Significant Growth During The Forecast Period 2030
The new study report titled, “Functional Proteins Market Share, Size, Trends, Industry Analysis Report, By Form (Liquid, Dry); By Source (Plant, Animal); By Type (Casein, Hydrolysates, Whey Protein, Soy Protein, Others); By Application; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
“According to the research report published by Polaris Market Research, the global functional proteins market size is expected to reach USD 7.14 billion by 2028 according to a new study by Polaris Market Research.
Market Overview:
Consumption of available food and dietary supplements to increase immunity has significantly increased during the pandemic. However, the market has been impacted by the COVID-19 outbreak on account of disruption of the supply chain, lockdowns, increased prices, and a limited workforce.
The demand for the product is anticipated to increase over the projected period due to increasing obesity and related disorders, rising health consciousness, and greater awareness regarding the benefits associated with the product. Increasing disposable income of consumers and a growing shift towards health and wellness products has significantly increased the demand for the product.
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Top Market Players
- Ingredion Incorporated
- Glanbia PLC
- APC Inc.
- Roquette Frères
- The Archer-Daniels-Midland Company
- Merit Functional Foods
- Fonterra Co-Operative Group
- Kerry Group
- DuPont de Nemours Inc.
- DSM N.V.
- Cargill Incorporated
- BASF SE
- Essentia Protein Solutions
- Arla Foods AMBA
- Omega Protein
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Polaris Market Research has segmented the functional proteins market report on the basis of form, source, type, application, and region:
Functional Proteins, Form Outlook (Revenue, USD Billion, 2016 – 2028)
- Liquid
- Dry
Functional Proteins, Source Outlook (Revenue, USD Billion, 2016 – 2028)
- Plant
- Animal
Functional Proteins, Type Outlook (Revenue, USD Billion, 2016 – 2028)
- Casein
- Hydrolysates
- Whey Protein
- Soy Protein
- Others
Functional Proteins, Application Outlook (Revenue, USD Billion, 2016 – 2028)
- Animal Feed
- Dietary Supplements
- Functional Food & Beverages
- Others
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