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The Functional Protein Market was valued at USD 6.6 billion in 2023 and grew at a CAGR of 6.4% from 2024 to 2033. Consumer tastes are evolving toward adopting healthier eating habits and dietary supplements to prevent the onset of chronic ailments. These shifts are being caused by a combination of unhealthy habits, busy schedules, and the rise in chronic diseases like obesity and diabetes. As a result, people are consuming more functional proteins in their diets. The need for functional proteins is also being driven by the persistent economic growth of nations and the increasing average income of the millennial generation since customers can now afford to buy more expensive functional food products due to their greater disposable income.
A growing segment of the food and nutrition business, the functional protein market is centered on proteins that offer additional health advantages over and above the requirements of basic nutrition. These proteins are used in a variety of industries, including food and drink, and animal nutrition. They are well-known for their bioactive qualities. The growing demand from consumers for goods that not only offer vital nutrients but also enhance general health and well-being has prompted the development of functional proteins.
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Growing knowledge about the connection between nutrition and health has made customers look for functional benefits, such as enhanced immunity, stronger muscles, and general wellbeing. Functional proteins fit well with these health-conscious consumer trends. Additionally, the growing fitness and sports nutrition market has raised consumer demand for items high in protein. Consumers seeking to enhance muscle growth and recovery are drawn to functional proteins, particularly those sourced from plant-based sources, whey, and collagen.
Producing certain functional proteins can be costly, particularly if they have particular bioactive characteristics. Elevated production costs could lead to higher prices for functional protein products, which would restrict their availability to specific customer groups. It can be difficult to add functional proteins to food products without detracting from their flavor and texture. If a product's flavor or mouthfeel bothers consumers, they might be discouraged from buying it.
Investigating and implementing new sources of protein, such as algae, insects, and substitute plant-based proteins, can accommodate a range of customer tastes and nutritional needs. Furthermore, the emergence of personalized nutrition has prospects for the creation of functional protein products customized to meet specific health requirements, genetic compositions, or lifestyle choices.
Asia Pacific led the market in 2023 with the largest market share of 53.7%. Changes in food trends have been attributed to economic expansion, urbanization, and an increase in disposable income in several Asia-Pacific countries. Growing in wealth tends to focus consumers' attention on better food options, such as functional protein-added goods. The Asia-Pacific food and beverage industry is experiencing a surge in innovation concerning functional items. Businesses are adding functional proteins to a range of food and drink products, including dairy substitutes, snacks, and drinks with added protein.
Asia Pacific Region Floating Farms Market Share in 2023 - 53.7%
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The Poultry farms segment dominated the global market in 2023 with a market share of 52.1%. Since animal sources are often seen as dependable sources of protein, the market for them has grown significantly. Animal protein is utilized as an element in dietary supplements and has been shown to have favorable health effects. Dairy, eggs, and gelatin are the main categories of proteins derived from animal sources.
The Functional Food and Beverages segment dominated the global market in 2023 with a market share of 53.8%. Applications for functional proteins in functional food and beverage applications include baked goods, bars, drinks, culinary applications, frozen desserts, baby food, meats, sauces, pet food, snacks, bakery, cereals for breakfast, dairy substitutes, protein bars, general protein fortification, poultry, seafood, meatless options, beverages, savory meals, burgers & meat products, loosely chopped meat, blended and restructured products, ice cream, and seasoning &savory applications. Foods with functional ingredients are widely employed in the food and beverage industry to improve the texture, taste, and flavor of products because of their many uses.
The Offline segment dominated the global market in 2023 with a market share of 66.7%. Functional protein products are mostly sold through health food stores, supplement stores, and specialist nutrition stores. Protein powders, bars, and shakes are among the many nutritional supplements that these shops frequently stock. These establishments are frequently frequented by customers looking for particular health and wellness products since they offer curated selections of functional proteins and individualized guidance. Products containing functional protein are frequently available in supermarkets and hypermarkets' health and wellness departments. These massive retail chains provide a wide selection of food and drink goods, including ones that are higher in protein. In addition to standard grocery goods, supermarkets offer a range of functional protein sources, making them a handy one-stop shop for customers.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2023 | USD 6.6 Billion |
| Market size value in 2033 | USD 11.5 Billion |
| CAGR (2024 to 2033) | 6.4% |
| Historical data | 2020-2022 |
| Base Year | 2023 |
| Forecast | 2024-2033 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Source, Application, Distribution Channel |
As per The Brainy Insights, the size of the functional protein Market was valued at USD 6.6 billion in 2023 to USD 11.5 billion by 2033.
The global functional protein market is growing at a CAGR of 6.4% during the forecast period 2024-2033.
The Asia Pacific region emerged as the largest market for the functional protein.
The growing demand for health and wellness products will influence the market's growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Source
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Distribution Channel
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing Demand for Health and Wellness Products
5.3. Restraints
5.3.1. High Production Costs
5.4. Opportunities
5.4.1. Innovations in Protein Ingredients
5.5. Challenges
5.5.1. Taste and Texture Challenges
6. Global Functional Protein Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Animal
6.3. Plant
7. Global Functional Protein Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Functional Food & Beverages
7.3. Dietary Supplements
7.4. Animal Nutrition
7.5. Sports Nutrition
8. Global Functional Protein Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Online
8.3. Offline
9. Global Functional Protein Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Functional Protein Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Functional Protein Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Archer Daniels Midland Company (ADM)
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Cargill, Incorporated
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. DuPont Nutrition & Biosciences
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Kerry Group plc
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Ingredion Incorporated
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Fonterra Co-operative Group Limited
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Glanbia plc
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Arla Foods Ingredients Group P/S
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Roquette Fréres
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Tate & Lyle PLC
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Royal DSM N.V.
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Givaudan SA
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Novozymes A/S
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Corbion NM.
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Sigma-Aldrich Corporation (now part of Merck KGaA)
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global Functional Protein Market, By Source, 2020-2033 (USD Billion)
2. Global Animal Functional Protein Market, By Region, 2020-2033 (USD Billion)
3. Global Plant Functional Protein Market, By Region, 2020-2033 (USD Billion)
4. Global Functional Protein Market, By Application, 2020-2033 (USD Billion)
5. Global Functional Food & Beverages Functional Protein Market, By Region, 2020-2033 (USD Billion)
6. Global Dietary Supplements Functional Protein Market, By Region, 2020-2033 (USD Billion)
7. Global Animal Nutrition Functional Protein Market, By Region, 2020-2033 (USD Billion)
8. Global Sports Nutrition Functional Protein Market, By Region, 2020-2033 (USD Billion)
9. Global Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
10. Global Online Functional Protein Market, By Region, 2020-2033 (USD Billion)
11. Global Offline Functional Protein Market, By Region, 2020-2033 (USD Billion)
12. Global Functional Protein Market, By Region, 2020-2033 (USD Billion)
13. North America Functional Protein Market, By Source, 2020-2033 (USD Billion)
14. North America Functional Protein Market, By Application, 2020-2033 (USD Billion)
15. North America Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
16. U.S. Functional Protein Market, By Source, 2020-2033 (USD Billion)
17. U.S. Functional Protein Market, By Application, 2020-2033 (USD Billion)
18. U.S. Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
19. Canada Functional Protein Market, By Source, 2020-2033 (USD Billion)
20. Canada Functional Protein Market, By Application, 2020-2033 (USD Billion)
21. Canada Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
22. Mexico Functional Protein Market, By Source, 2020-2033 (USD Billion)
23. Mexico Functional Protein Market, By Application, 2020-2033 (USD Billion)
24. Mexico Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
25. Europe Functional Protein Market, By Source, 2020-2033 (USD Billion)
26. Europe Functional Protein Market, By Application, 2020-2033 (USD Billion)
27. Europe Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
28. Germany Functional Protein Market, By Source, 2020-2033 (USD Billion)
29. Germany Functional Protein Market, By Application, 2020-2033 (USD Billion)
30. Germany Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
31. France Functional Protein Market, By Source, 2020-2033 (USD Billion)
32. France Functional Protein Market, By Application, 2020-2033 (USD Billion)
33. France Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
34. U.K. Functional Protein Market, By Source, 2020-2033 (USD Billion)
35. U.K. Functional Protein Market, By Application, 2020-2033 (USD Billion)
36. U.K. Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
37. Italy Functional Protein Market, By Source, 2020-2033 (USD Billion)
38. Italy Functional Protein Market, By Application, 2020-2033 (USD Billion)
39. Italy Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
40. Spain Functional Protein Market, By Source, 2020-2033 (USD Billion)
41. Spain Functional Protein Market, By Application, 2020-2033 (USD Billion)
42. Spain Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
43. Asia Pacific Functional Protein Market, By Source, 2020-2033 (USD Billion)
44. Asia Pacific Functional Protein Market, By Application, 2020-2033 (USD Billion)
45. Asia Pacific Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
46. Japan Functional Protein Market, By Source, 2020-2033 (USD Billion)
47. Japan Functional Protein Market, By Application, 2020-2033 (USD Billion)
48. Japan Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
49. China Functional Protein Market, By Source, 2020-2033 (USD Billion)
50. China Functional Protein Market, By Application, 2020-2033 (USD Billion)
51. China Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
52. India Functional Protein Market, By Source, 2020-2033 (USD Billion)
53. India Functional Protein Market, By Application, 2020-2033 (USD Billion)
54. India Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
55. South America Functional Protein Market, By Source, 2020-2033 (USD Billion)
56. South America Functional Protein Market, By Application, 2020-2033 (USD Billion)
57. South America Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
58. Brazil Functional Protein Market, By Source, 2020-2033 (USD Billion)
59. Brazil Functional Protein Market, By Application, 2020-2033 (USD Billion)
60. Brazil Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
61. Middle East and Africa Functional Protein Market, By Source, 2020-2033 (USD Billion)
62. Middle East and Africa Functional Protein Market, By Application, 2020-2033 (USD Billion)
63. Middle East and Africa Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
64. UAE Functional Protein Market, By Source, 2020-2033 (USD Billion)
65. UAE Functional Protein Market, By Application, 2020-2033 (USD Billion)
66. UAE Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
67. South Africa Functional Protein Market, By Source, 2020-2033 (USD Billion)
68. South Africa Functional Protein Market, By Application, 2020-2033 (USD Billion)
69. South Africa Functional Protein Market, By Distribution Channel, 2020-2033 (USD Billion)
List of Figures
1. Global Functional Protein Market Segmentation
2. Functional Protein Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Functional Protein Market Attractiveness Analysis by Source
9. Global Functional Protein Market Attractiveness Analysis by Application
10. Global Functional Protein Market Attractiveness Analysis by Distribution Channel
11. Global Functional Protein Market Attractiveness Analysis by Region
12. Global Functional Protein Market: Dynamics
13. Global Functional Protein Market Share by Source (2023 & 2033)
14. Global Functional Protein Market Share by Application (2023 & 2033)
15. Global Functional Protein Market Share by Distribution Channel (2023 & 2033)
16. Global Functional Protein Market Share by Regions (2023 & 2033)
17. Global Functional Protein Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global functional protein market based on below-mentioned segments:
Global Functional Protein Market by Source:
Global Functional Protein Market by Application:
Global Functional Protein Market by Distribution Channel:
Global Functional Protein Market by Region:
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The data procurement stage involves in data gathering and collecting through various data sources.
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Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
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