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Functional Proteins Market Share

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

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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.

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.