According to Stratistics MRC, the Global Functional Proteins Market is accounted for $4.60 billion in 2020 and is expected to reach $8.39 billion by 2028 growing at a CAGR of 7.8% during the forecast period. While the factors like growing instances of chronic diseases and rising health awareness among consumers are propelling the market growth. However, the high cost of plant-based functional proteins is hampering the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the high occurrence of chronic diseases in countries such as the US. Whey protein concentrates are acquiring traction as customers are shifting to dairy proteins to complete their nutritional requirements.
Some of the key players profiled in the Functional Proteins Market include GSK Group of Companies, Makers Nutrition LLC, Proliver BVBA, Glanbia Plc, Herbalife International, Inc., Fonterra Co-Operative Group, Amway, Cargill, Inc., Optimum Nutrition, Inc, Nature’s Bounty Co, Archer Daniels Midland Company, GNC Holdings Inc, Maxi Nutrition, Shandong Sinoglory Health Food Co., Ltd, and Abbott Nutrition.
Forms Covered:
• Dry
• Liquid
• Powder
Types Covered:
• Whey Protein Concentrates (WPC)
• Whey Protein Isolates (WPI)
• Hydrolysates
• Soy Protein
• Casein/Caseinates
• Egg Albumin
• Milk Protein Isolate
• Hemp Protein
• Other Types
Sources Covered:
• Animal
• Plant
Structures Covered:
• Primary
• Secondary
• Tertiary
• Quaternary
Applications Covered:
• Animal Nutrition
• Dietary Supplements
• Sports Nutrition/Clinical Nutrition
• Functional Food & Beverages
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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