Global Functional Proteins Market Size, Share, Trends & Analysis by Type (Whey Protein Concentrates, Isolates, Hydrolysates, Casein, Soy Protein), by Source (Animal, Plant), by Form (Dry, Liquid), by Application (Food and Beverage, Dietary Supplements, Others) and Region, with Forecasts from 2024 to 2034.

  • Published: August, 2024
  • Pages: 235
  • Format:
  • Report ID: 23144516
  • Industry: Food & Beverages

Market Overview

 

The Global Functional Proteins Market is anticipated to witness substantial growth over the next decade, driven by increasing consumer awareness of health and wellness, the rising demand for protein-rich diets, and expanding applications across various industries. As of 2024, the market is valued at USD XX.XX billion and is projected to reach USD XX.XX billion by 2034, growing at a CAGR of XX.XX%. Key factors contributing to this growth include:

 

• Health and Wellness Trends: Growing consumer inclination towards healthy lifestyles and balanced diets, emphasizing high-protein consumption, is propelling market growth.

 

• Diverse Applications: Functional proteins' versatility in applications, including food and beverages, dietary supplements, and other sectors, is driving market expansion.

 

• Innovation and Product Development: Ongoing research and development in protein-based products and innovative formulations are enhancing the market landscape.

 

Definition and Scope of Functional Proteins

 

Functional proteins are bioactive compounds that perform specific functions beyond basic nutrition. They are categorized based on their source, such as animal or plant-based proteins, and are available in various forms like dry and liquid. Functional proteins include whey protein concentrates, isolates, hydrolysates, casein, and soy protein. These proteins are widely utilized in food and beverages, dietary supplements, and other industries due to their health benefits, such as muscle repair, immune support, and overall wellness.

 

Market Drivers

 

• Rising Health Awareness: Increasing consumer awareness of the health benefits associated with functional proteins, including muscle growth, weight management, and overall health, is driving market demand.

 

• Sports Nutrition and Fitness Trends: The growing popularity of sports nutrition and fitness activities is boosting the demand for functional proteins among athletes and fitness enthusiasts.

 

• Aging Population: The aging population's need for protein-rich diets to maintain muscle mass and overall health is contributing to market growth.

 

Market Restraints

 

• High Costs: The relatively high cost of functional proteins compared to conventional protein sources may limit their widespread adoption.

 

• Regulatory Challenges: Stringent regulations and standards for functional protein products can pose challenges for market players.

 

Opportunities

 

• Plant-Based Protein Demand: The rising demand for plant-based proteins, driven by veganism and environmental concerns, presents significant growth opportunities.

 

• Innovative Product Offerings: Development of innovative functional protein products, such as fortified foods and specialized dietary supplements, can drive market growth.

 

• Expansion in Emerging Markets: Increasing disposable incomes and changing consumer preferences in emerging markets offer potential for market expansion.

 

Market Segmentation Analysis

 

• By Type

    ○ Whey Protein Concentrates

    ○ Whey Protein Isolates

    ○ Whey Protein Hydrolysates

    ○ Casein

    ○ Soy Protein

 

• By Source

    ○ Animal

    ○ Plant

 

• By Form

    ○ Dry

    ○ Liquid

 

• By Application

    ○ Food and Beverage

    ○ Dietary Supplements

    ○ Others

 

Regional Analysis

 

• North America: The North American market, particularly the United States and Canada, is a significant player due to high consumer awareness and demand for health and wellness products.

 

• Europe: Europe's market is driven by strong demand in the food and beverage and dietary supplement sectors, with key contributors including Germany, France, and the UK.

 

• Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth rate, fueled by increasing health consciousness, rising disposable incomes, and growing demand for protein-rich diets in countries like China, Japan, and India.

 

• Rest of the World: Latin America, the Middle East, and Africa are experiencing growing awareness and adoption of functional proteins, supported by economic development and increasing health awareness.

 

The Global Functional Proteins Market is set for impressive growth over the next decade, driven by rising health awareness, diverse applications, and the growing trend towards protein-rich diets. With the increasing consumer preference for health and wellness products, functional proteins are becoming a popular choice in the food, beverage, and dietary supplement sectors.

 

Competitive Landscape

 

The Global Functional Proteins Market features several key players, including:

 

Glanbia plc

Archer Daniels Midland Company

Cargill, Incorporated

Kerry Group plc

DuPont de Nemours, Inc.

FrieslandCampina Ingredients

Arla Foods Ingredients Group P/S

Fonterra Co-operative Group Limited

AMCO Proteins

Saputo Inc.

Table of Contents:

 

1. Introduction

    1.1. Definition of Functional Proteins

    1.2. Scope of the Report

    1.3. Research Methodology

 

2. Executive Summary

    2.1. Key Findings

    2.2. Market Snapshot

    2.3. Key Trends

 

3. Market Dynamics

    3.1. Market Drivers

        3.1.1. Rising Health Awareness

        3.1.2. Growing Demand for Protein-Rich Diets

        3.1.3. Expansion of the Food and Beverage Industry

        3.1.4. Other Market Drivers

    3.2. Market Restraints

        3.2.1. High Production Costs

        3.2.2. Availability of Plant-Based Protein Alternatives

        3.2.3. Regulatory Challenges

        3.2.4. Other Market Restraints

    3.3. Market Opportunities

        3.3.1. Emerging Markets

        3.3.2. Innovations in Protein Extraction and Processing

        3.3.3. Expansion in Retail and E-commerce

        3.3.4. Other Market Opportunities

 

4. Global Functional Proteins Market Analysis

    4.1. Market Size and Forecast (2024-2034)

    4.2. Market Share Analysis by:

        4.2.1. Type

            4.2.1.1. Whey Protein Concentrates

            4.2.1.2. Whey Protein Isolates

            4.2.1.3. Whey Protein Hydrolysates

            4.2.1.4. Casein

            4.2.1.5. Soy Protein

        4.2.2. Source

            4.2.2.1. Animal-Based

            4.2.2.2. Plant-Based

        4.2.3. Form

            4.2.3.1. Dry

            4.2.3.2. Liquid

        4.2.4. Application

            4.2.4.1. Food and Beverage

            4.2.4.2. Dietary Supplements

            4.2.4.3. Others

    4.3. Value Chain Analysis

    4.4. SWOT Analysis

    4.5. Porter's Five Forces Analysis

 

5. Regional Market Analysis

    5.1. North America

        5.1.1. Market Overview

        5.1.2. Market Size and Forecast

        5.1.3. Key Trends

        5.1.4. Competitive Landscape

    5.2. Europe

        5.2.1. Market Overview

        5.2.2. Market Size and Forecast

        5.2.3. Key Trends

        5.2.4. Competitive Landscape

    5.3. Asia Pacific

        5.3.1. Market Overview

        5.3.2. Market Size and Forecast

        5.3.3. Key Trends

        5.3.4. Competitive Landscape

    5.4. Latin America

        5.4.1. Market Overview

        5.4.2. Market Size and Forecast

        5.4.3. Key Trends

        5.4.4. Competitive Landscape

    5.5. Middle East & Africa

        5.5.1. Market Overview

        5.5.2. Market Size and Forecast

        5.5.3. Key Trends

        5.5.4. Competitive Landscape

 

6. Competitive Landscape

    6.1. Market Share Analysis of Key Players

    6.2. Company Profiles of Key Players

        6.2.1. Glanbia plc

        6.2.2. Archer Daniels Midland Company

        6.2.3. Cargill, Incorporated

        6.2.4. Kerry Group plc

        6.2.5. DuPont de Nemours, Inc.

        6.2.6. FrieslandCampina Ingredients

        6.2.7. Arla Foods Ingredients Group P/S

        6.2.8. Fonterra Co-operative Group Limited

        6.2.9. AMCO Proteins

        6.2.10. Saputo Inc.

    6.3. Recent Developments and Innovations

    6.4. Strategic Initiatives

 

7. Future Outlook and Market Forecast

    7.1. Market Growth Prospects

    7.2. Technological Trends and Innovations

    7.3. Investment Opportunities

    7.4. Strategic Recommendations

 

8. Key Insights and Reiteration of Main Findings

9. Future Prospects for the Global Functional Proteins Market

 

List of Tables:

 

Table 1: Global Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 2: Global Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 3: Global Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 4: Global Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 5: Global Functional Proteins Market, By Region, 2024-2034 (USD Billion)

Table 6: North America Functional Proteins Market, By Country, 2024-2034 (USD Billion)

Table 7: North America Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 8: North America Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 9: North America Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 10: North America Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 11: United States Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 12: United States Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 13: United States Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 14: United States Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 15: Canada Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 16: Canada Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 17: Canada Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 18: Canada Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 19: Mexico Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 20: Mexico Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 21: Mexico Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 22: Mexico Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 23: Europe Functional Proteins Market, By Country, 2024-2034 (USD Billion)

Table 24: Europe Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 25: Europe Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 26: Europe Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 27: Europe Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 28: Germany Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 29: Germany Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 30: Germany Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 31: Germany Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 32: U.K. Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 33: U.K. Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 34: U.K. Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 35: U.K. Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 36: France Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 37: France Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 38: France Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 39: France Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 40: Italy Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 41: Italy Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 42: Italy Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 43: Italy Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 44: Spain Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 45: Spain Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 46: Spain Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 47: Spain Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 48: Rest of Europe Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 49: Rest of Europe Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 50: Rest of Europe Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 51: Rest of Europe Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 52: Asia-Pacific Functional Proteins Market, By Country, 2024-2034 (USD Billion)

Table 53: Asia-Pacific Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 54: Asia-Pacific Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 55: Asia-Pacific Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 56: Asia-Pacific Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 57: China Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 58: China Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 59: China Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 60: China Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 61: India Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 62: India Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 63: India Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 64: India Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 65: Japan Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 66: Japan Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 67: Japan Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 68: Japan Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 69: South Korea Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 70: South Korea Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 71: South Korea Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 72: South Korea Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 73: Australia Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 74: Australia Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 75: Australia Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 76: Australia Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 77: Rest of Asia-Pacific Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 78: Rest of Asia-Pacific Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 79: Rest of Asia-Pacific Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 80: Rest of Asia-Pacific Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 81: Middle East and Africa Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 82: Middle East and Africa Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 83: Middle East and Africa Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 84: Middle East and Africa Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 85: South America Functional Proteins Market, By Type, 2024-2034 (USD Billion)

Table 86: South America Functional Proteins Market, By Source, 2024-2034 (USD Billion)

Table 87: South America Functional Proteins Market, By Form, 2024-2034 (USD Billion)

Table 88: South America Functional Proteins Market, By Application, 2024-2034 (USD Billion)

Table 89: Global Functional Proteins Market, Strategic Developments

Table 90: Global Functional Proteins Market, Mergers and Acquisitions

Table 91: Global Functional Proteins Market, New Product Launches

Table 92: Global Functional Proteins Market, Collaborations and Partnerships

Table 93: Global Functional Proteins Market, Investment Analysis

Table 94: Global Functional Proteins Market, Technological Innovations

Table 95: Global Functional Proteins Market, Future Trends and Opportunities

Table 96: Global Functional Proteins Market, Key Insights and Recommendations

Table 97: Global Functional Proteins Market, Competitive Landscape

Table 98: Global Functional Proteins Market, Regional Analysis Summary

 

List of Figures:

 

Figure 1: Global Functional Proteins Market: Market Segmentation

Figure 2: Global Functional Proteins Market: Research Methodology

Figure 3: Top Down Approach

Figure 4: Bottom Up Approach

Figure 5: Data Triangulation and Validation

Figure 6: Global Functional Proteins Market: Drivers, Restraints, Opportunities, and Challenges

Figure 7: Global Functional Proteins Market: Porter's Five Forces Model Analysis

Figure 8: Global Functional Proteins Market: Value Chain Analysis

Figure 9: Global Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 10: Global Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 11: Global Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 12: Global Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 13: Global Functional Proteins Market Share Analysis, By Region, 2024-2034

Figure 14: North America Functional Proteins Market Share Analysis, By Country, 2024-2034

Figure 15: North America Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 16: North America Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 17: North America Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 18: North America Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 19: Europe Functional Proteins Market Share Analysis, By Country, 2024-2034

Figure 20: Europe Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 21: Europe Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 22: Europe Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 23: Europe Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 24: Asia-Pacific Functional Proteins Market Share Analysis, By Country, 2024-2034

Figure 25: Asia-Pacific Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 26: Asia-Pacific Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 27: Asia-Pacific Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 28: Asia-Pacific Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 29: Middle East and Africa Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 30: Middle East and Africa Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 31: Middle East and Africa Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 32: Middle East and Africa Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 33: South America Functional Proteins Market Share Analysis, By Type, 2024-2034

Figure 34: South America Functional Proteins Market Share Analysis, By Source, 2024-2034

Figure 35: South America Functional Proteins Market Share Analysis, By Form, 2024-2034

Figure 36: South America Functional Proteins Market Share Analysis, By Application, 2024-2034

Figure 37: Global Functional Proteins Market: Competitive Benchmarking

Figure 38: Global Functional Proteins Market: Vendor Share Analysis, 2024-2034

Key Players: (this may not be a complete list and extra companies can be added upon request)

 

Glanbia plc

Archer Daniels Midland Company

Cargill, Incorporated

Kerry Group plc

DuPont de Nemours, Inc.

FrieslandCampina Ingredients

Arla Foods Ingredients Group P/S

Fonterra Co-operative Group Limited

AMCO Proteins

Saputo Inc.

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