Functional Proteins Market Size, Share, Growth Drivers, Trends, and Forecast
The global functional proteins market is expected to reach at a CAGR of 5.6% during the forecast period. The global market will reach a value of 6.1 billion by 2025. The base value is considered to be USD 4.6 billion in 2020. Hectic lifestyles, busy schedules, and the rise of chronic diseases such as diabetes and obesity are shifting consumer preferences toward adopting healthier diets and...
Latest Regulatory Trends Impacting the Functional Proteins Market
According to MarketsandMarkets, the global functional proteins market size is estimated to be valued at USD 4.6 billion in 2020 and projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period. The market is strongly driven by shifting consumer preferences, rising health awareness, growing millenial population, and increase in supplementary income among consumers....
Growth Strategies Adopted by Major Players in the Functional Proteins Market
The functional proteins market was valued at USD 4.17 billion in 2017 and is projected to grow at a CAGR of 6.6% to reach a value of 5.73 billion by 2022. The increasing pet population and pet adoption trends to improve the palatability of pet food are some of the key trends influencing the growth of the functional proteins market.
Functional Proteins Market
Based on type, the market has been...
Increasing Usage of Functional Proteins by Various End-User Industries to Drive the Market Growth in Coming Years
Functional proteins are used in various applications such as
dietary supplements and food & beverages due to the rising demand for food
products with improved functionalities. The ability of functional protein
manufacturers to develop distinct isolates, concentrates, and other forms of
protein ingredients for different food products, such as dairy products, beverages,
dietary supplements, infant...