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Functional Proteins Market Analysis

Report ID: GMI6417
Published Date: Aug 2023
Report Format: PDF

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Functional Proteins Market Analysis

Functional Proteins Market Size, By Type, 2021 - 2032 (USD Billion)

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.

Global Functional Proteins Market Revenue Share, By Functionality, (2022)

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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, 2021- 2032 (USD Billion)

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of functional proteins recorded USD 6.4 billion in 2022 and is estimated to register USD 11.7 billion by the end of 2032, due to increasing demand for healthy lifestyles and balanced nutrition among consumers worldwide.

The whey protein product segment reached USD 1.2 billion in 2022, attributed to widespread demand among athletes and fitness enthusiasts for muscle recovery, muscle building, and overall sports performance.

U.S. market size held over USD 1.5 billion in 2022, owing to the increasing awareness about the importance of healthy lifestyles and balanced nutrition in the region.

Some of the prominent functional proteins companies are Archer Daniels Midland Company (ADM), Cargill, Incorporated, DuPont Nutrition & Biosciences, Kerry Group plc, Ingredion Incorporated, Fonterra Co-operative Group Limited, Glanbia plc, and Arla Foods Ingredients Group P/S.