Functional Proteins Market Size - By Type (Whey Protein, Casein Protein, Soy Protein, Pea Protein, Collagen Protein, Egg Protein), Application, Functionality, Regional Insights & Forecast, 2023 – 2032

Functional Proteins Market Size

Functional Proteins Market size was valued at USD 6.4 billion in 2022 and is estimated to expand at over 6.2% CAGR from 2023 to 2032. Increasing awareness about the importance of a healthy lifestyle and balanced nutrition has led consumers to seek functional foods and beverages that provide additional health benefits. Functional proteins, such as whey protein, collagen, and plant-based proteins, are perceived as valuable components in promoting overall health and well-being.
 

The popularity of sports nutrition products and the increasing number of individuals engaging in physical activities and exercise drive the demand for functional proteins. Protein supplements are widely used by athletes and fitness enthusiasts to support muscle recovery and growth.
 

The extraction and purification of functional proteins can be expensive, especially for specialized proteins with specific health benefits. Certain functional proteins may have limited stability, especially under specific processing conditions or during extended shelf life. The use of functional proteins in food and beverage products is subject to regulatory scrutiny. Companies must comply with labeling requirements, health claims, and safety standards, which can vary across different regions.
 

COVID-19 Impact

The pandemic heightened consumer awareness of health and wellness, leading to increased demand for functional food and beverage products, including those containing functional proteins. Consumers sought products that could potentially support their immune systems and overall well-being. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market growth.
 

Functional Proteins Market Trends

Consumer awareness of health and wellness has been driving the demand for functional proteins. People are increasingly seeking products that offer specific health benefits, such as muscle recovery, weight management, and immune support. The popularity of plant-based diets and the rise of vegan and vegetarian lifestyles have led to a surge in demand for plant-based functional proteins. Proteins from sources like pea, soy, rice, and hemp are gaining traction as alternatives to animal-based proteins.
 

Functional Proteins Market Analysis

The functional proteins market from whey protein segment held over USD 1.2 billion revenue in 2022. Whey protein is a popular choice among athletes and fitness enthusiasts for muscle recovery, muscle building, and overall sports performance. Whey protein's ability to promote satiety and support weight management is a significant market demand.
 

The muscle building and recovery segment accounted for 40% of the functional proteins market share in 2022. Athletes and fitness enthusiasts demand functional proteins that support muscle recovery and growth after intense physical activities, such as resistance training and workouts. Individuals with active lifestyles seek protein products to aid in muscle repair and maintenance.
 

The functional proteins market from sports nutrition segment is anticipated to grow at 5.7% CAGR through 2032. Athletes and fitness enthusiasts seek functional proteins to support muscle recovery and promote muscle growth after intense physical activities.
 

U.S. functional proteins market size dominated around USD 1.5 billion in 2022. Increasing awareness of the importance of a healthy lifestyle and balanced nutrition drives the demand for functional proteins. Consumers in North America are increasingly seeking products that offer specific health benefits beyond basic nutrition.
 

Functional Proteins Market Share 

Some of the major companies operating in the functional proteins market are:

• Archer Daniels Midland Company (ADM)
• Cargill,Incorporated
• DuPont Nutrition & Biosciences
• Kerry Group plc
• Ingredion Incorporated
• Fonterra Co-operative Group Limited
• Glanbia plc
• Arla Foods Ingredients Group P/S
• Roquette Frères
• Tate & Lyle PLC
• Royal DSM N.V.
• Givaudan SA
• Novozymes A/S
• Corbion N.V.
• Sigma-Aldrich Corporation (now part of Merck KGaA) 

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Functional Proteins Industry News:

• In December 2021 Ocean Spray (US) partnered with Amai Proteins to incorporate healthy, sweet proteins into its product portfolio. The joint venture gave considerable visibility to the company and established a popular brand identity.
   

This functional proteins market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:

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Market, By Type

• Whey Protein
• Casein Protein
• Soy Protein
• Pea Protein
• Collagen Protein
• Egg Protein
• Other

Market, By Functionality

• Muscle Building and Recovery
• Weight Management
• Bone and Joint Health
• Beauty and Skincare

Market, By Application

• Sports Nutrition
• Dietary Supplements
• Functional Foods
• Infant Nutrition
• Clinical Nutrition
• Other

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt