Latest Regulatory Trends Impacting the Functional Proteins Market

The report "Functional Proteins Market by Type (Whey Protein Concentrates, Isolates, Hydrolysates, Casein, Soy Protein), Source (Animal, Plant), Form (Dry, Liquid), Application and Region – Trends and Forecast to 2025" 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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=140299581

Drivers: Rise in prevalence of chronic lifestyle diseases to drive the market growth

Consumers across regions have become more health-conscious and are focusing on adopting a healthier balanced diet. This shift in consumer preferences has risen on account of the high degree of chronic diseases prevailing in the population. Diseases like diabetes, cholesterol anomalies and obesity are key factors that are projected to drive the overall functional proteins market.

The millenial population is increasingly adopting functional food products into their diets as these products suit their lifestyle and complement their hectic schedules in an ample way, thus increasing the demand for functional proteins. Furthermore, with rising income levels of consumers and subsequent economic development, functional proteins have become a sought-after product owing to the health benefits associated as well as the consumers’ ability to purchase them.

Opportunities: Shift toward plant-based products

The market for plant proteins is growing at a high rate as consumers are drifting away from animal proteins to plant-based proteins. Increasing shifts to veganism, environmental sustainability, and animal compassion are the key factors cumulatively leading to the demand for plant-based proteins as an alternative functional ingredient. Thus, the plant-based protein market is expected to witness high demand and a surging growth rate, presenting the number of opportunities for expansion and investment in the functional proteins market.

The functional food segment, by application, is projected to witness significant growth during the forecast period.

The deficiency of proteins in adults is one of the key factors that have led to the rise in the consumption of functional food products among adults. This deficiency is mainly due to the untimely schedules and hectic lifestyles of consumers, which leads to unhealthy eating habits and irregular diets. As a result, there is a demand for healthy, on-the-go functional food products which significantly reduce consumption time while providing essential nutrition.

Request Sample Pages of the Report:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=140299581

North America is projected to account for the largest market during the forecast period

North America is projected to dominate the market during the forecast period owing to the high prevalence of chronic diseases in countries such as the US. Whey protein concentrates are gaining traction as consumers are shifting to dairy proteins to fulfill their nutritional requirements. Emerging markets in economies such as the Asia Pacific countries are going to be potential markets for the functional protein manufacturers.

Key Market Players:

Key players in this market include ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), BASF (Germany), Glanbia (Ireland), Fonterra (New Zealand), DSM (Netherlands), FrieslandCampina (Netherlands), Essentia Protein Solutions (UK), Amai Proteins (Israel), Mycorena (Sweden), Merit Functional Foods (Canada), Plantible Foods (US), BENEO (Germany), ProtiFarm (Gelderland), Omega Protein (US)