Daten aus dem Cache geladen. Functional Protein Market is Anticipated to Witness High Growth...

Functional Protein Market is Anticipated to Witness High Growth Owing to Rising Health and Wellness Trends

0
1KB

The functional protein market comprises products such as plant-based protein, specialty protein, and other forms of protein that provide additional health benefits. Functional protein ingredients are increasingly being added to food and beverages for their nutritional value, texture, and ability to help consumers achieve their health and fitness goals. The growing trend towards preventive healthcare and consumption of health-promoting foods has substantially driven the demand for high-protein and nutritious ingredients.

The Global Functional Protein Market Size is estimated to be valued at US$ 5.6 Bn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the functional protein market include ADM, Cargill, Ingredion, Arla Foods, Roquette, BASF, Glanbia, Fonterra, DSM, FrieslandCampina, Essentia Protein Solutions, Amai Proteins, Mycorena, Merit Functional Foods, Plantible Foods, BENEO, ProtiFarm, and Omega Protein. These players are engaged in new product development and capacity expansion to strengthen their market position.

The key opportunities in the functional protein market include growing demand for plant-based proteins and convenient packaged foods. The global expansion of major players through acquisitions and partnerships will also aid the market growth. Cargill recently acquired Danish manufacturer EWOS to bolster its aquaculture business. Merit Functional Foods raised USD 175 million in funding to build a new pea protein production facility in Canada.

Asia Pacific represents a lucrative expansion opportunity with the rising health-conscious consumer base and growing protein deficiency in the region. Countries like India, China, and Japan are expected to witness high demand for functional protein ingredients in the coming years. Players are investing in marketing and distribution networks across Asia to capitalize on these opportunities.

Get more insights on This Topic- Functional Proteins Market

Rechercher
Catégories
Lire la suite
Gardening
Customer Experience Business Process Outsourcing Market: Strategies and Market Expansion
The Customer Experience Business Process Outsourcing (CX BPO) market is experiencing...
Par Payal Durge 2025-03-26 09:46:39 0 45
Jeux
Unlocking the Power of the Horadric Cube: Transform Your Diablo II Gear and Weapons for Epic Gameplay
Unlocking the Power of the Horadric Cube In the mystical realm of Diablo II, adventurers...
Par Minorescu Jone 2024-11-26 22:10:41 0 90
Autre
The Future of Innovation: Global Photoresist Chemicals Market Size and Trends
Comprehensive historical analysis of Global Market for Photoresist Chemicals has...
Par Balaji Gaikwad 2024-10-29 07:31:43 0 164
Domicile
Global Factory Automation & Industrial Controls Market Size, Share, Growth Drivers, Trends, Opportunities, Overall Sales and Demand Forecast To 2030
Pragma Market Research and Business Consulting has published a new study titled "Factory...
Par Brave Unicorn 2024-06-11 11:23:52 0 1K
Shopping
UNDFTD x Nike's third wave hits, are you ready?
New Jordans Release 2021 UNDEFEATED has cooperated with Nike more frequently this year than in...
Par Liza Zuwita 2021-10-04 01:18:25 0 2K