Functional Proteins Market

Functional Proteins Market by Type (Whey Protein Concentrates, Isolates, Hydrolysates, Casein, Soy Protein), Source (Animal, Plant), Form (Dry, Liquid), Application and Region – Trends and Forecast to 2025

Report Code: FB 5189 Mar, 2021, by marketsandmarkets.com

[261 Pages Report] According to MarketsandMarkets, the global functional proteins market size is estimated to be valued at USD 4.6 billion in 2020 and projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period. The market is strongly driven by shifting consumer preferences, rising health awareness, growing millenial population, and increase in supplementary income among consumers. The convergence of major industry trends is giving rise to new opportunities for key players in the industry. Changing lifestyles and high prevalence of chronic diseases are the key factors driving the demand for functional proteins. The growing positive outlook towards sports nutrition would also positively impact the functional proteins market.

Functional Proteins Market

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Market Dynamics

Drivers : Rise in prevalence of chronic lifestyle diseases to drive the market growth

Consumers across regions have become more health-conscious and are focussing on adopting a healthier balanced diet. This shift in consumer preferences has risen on account of the high degree of chronic diseases prevailing in the population. Diseases like diabetes, cholesterol anomalies, and obesity are key factors that are projected to drive the overall functional proteins market.

The millenial population is increasingly adopting functional food products into their diets as these products suit their lifestyle and complement their hectic schedules in an ample way, thus increasing the demand for functional proteins. Furthermore, with rising income levels of consumers and subsequent economic development, functional proteins have become a sought-after product owing to the health benefits associated as well as the consumers’ ability to purchase them.

Restraints: High cost of functional proteins

Science and technology are helping people identify foods that will help people manage their weight and overall health. Functional food and dietary supplements involve significantly high costs, which could act as a restraint for the growth of the functional proteins market. These products being less economic might restrict the growth of the market, particularly in price-sensitive countries such as South Africa and Mexico.

Also, animal-based proteins are facing restraints as the vegan population is on the rise and the health benefits of vegetarianism are trending among consumers. The rising demand for plant-based proteins is having an adverse effect on the sale and consumption of animal-based proteins, which is hindering market growth.

Opportunities: Shift toward plant-based products

The market for plant proteins is growing at a high rate as consumers are drifting away from animal proteins to plant-based protein. Increasing shifts to veganism, environment sustainability and animal compassion are the key factors cumulatively leading to demand of plant-based proteins as an alternative functional ingredient. Thus, the plant-based protein market is expected to witness high demand and surging growth rate, presenting number of opportunities for expansion and investment in the functional proteins market.

Challenges: Consumer skepticism associated with off-taste of functional proteins

Although functional proteins provide multiple health benefits and streamline the diet, they have an off-putting taste which might not be preferred by some consumers. This factor poses a challenge for the functional proteins industry as aversion towards taste of products is a difficult bar to overcome. Also, the unawareness among rural and semi-urban consumers about functional proteins and the lack of education regarding the same discourages key players from investing. Due to this challenge, manufacturers are focusing on developing different formulations of proteins, with rigorous R&D to mitigate the aversion of consuming functional food and beverages.

Functional Proteins Market  by Region

North America is projected to account for the largest market during the forecast period

North America is projected to dominate the market during the forecast period owing to the high prevalence of chronic diseases in countries such as the US. Whey protein concentrates are gaining traction as consumers are shifting to dairy proteins to fulfil their nutritional requirements. Emerging markets in economies such as the Asia Pacific countries are going to be potential markets for the functional protein manufacturers.

Key Market Players:

Key players in this market include ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), BASF (Germany), Glanbia (Ireland), Fonterra (New Zealand), DSM (Netherlands), FrieslandCampina (Netherlands), Essentia Protein Solutions (UK), Amai Proteins (Israel), Mycorena (Sweden), Merit Functional Foods (Canada), Plantible Foods (US), BENEO (Germany), ProtiFarm (Gelderland), Omega Protein (US)

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Scope of the Report

Report Metric

Details

Market size estimation

2015–2025

Base year considered

2019

Forecast period considered

2020–2025

Units considered

Value (USD million)

Segments Covered

  • Type
  • Source
  • Form
  • Application

Regions covered

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW

Companies studied

ADM (US), DuPont (US), Cargill (US), Ingredion (US), Arla Foods (UK), Roquette (France), BASF (Germany), Glanbia (Ireland), Fonterra (New Zealand), DSM (Netherlands), FrieslandCampina (Netherlands), Essentia Protein Solutions (UK), Amai Proteins (Israel), Mycorena (Sweden), Merit Functional Foods (Canada), Plantible Foods (US), BENEO (Germany), ProtiFarm (Gelderland), Omega Protein (US)

This research report categorizes the functional proteins market based on type, source, form, application and region.

Based on type, the functional proteins market has been segmented as follows:

  • Whey protein concentrates
  • Whey protein isolates
  • Hydrolysates
  • Casein/Caseinates
  • Soy protein
  • Other types (egg protein, wheat protein, rice protein, pea protein, rapeseed protein, sunflower protein)

Based on source, the functional proteins market has been segmented as follows:

  • Animal
  • Plant

Based on form, the functional proteins market has been segmented as follows:

  • Dry
  • Liquid

Based on application, the functional proteins market has been segmented as follows:

  • Functional food
  • Functional beverages
  • Dietary supplements
  • Animal nutrition
  • Sports nutrition

Based on the region, the functional proteins market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW

Recent Developments

  • December 2020, Cargill expanded its European ingredient portfolio with the addition of pea protein. This product launch enabled Cargill to get access to the pea protein market.
  • November 2020, Ingredion acquired Verdient Foods (Vanscoy, SK) with 100% ownership. The acquisition enabled net sales growth and expanded the manufacturing capability of Ingredion, with the addition of two manufacturing facilities in Canada. 
  • September 2020, ADM expanded their protein portfolio with textured wheat and pea proteins. These high-functionality proteins improve the meat-like texture of alternative meats. This new launch ensured ADM’s leadership in the plant protein market.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 37)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
    1.4 REGIONS COVERED
    1.5 PERIODIZATION CONSIDERED
    1.6 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2019
    1.7 UNITS CONSIDERED
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 RESEARCH DATA
           FIGURE 2 FUNCTIONAL PROTEINS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
                    2.1.2.3 Key industry insights
    2.2 MARKET SIZE ESTIMATION
           2.2.1 APPROACH 1
                    2.2.1.1 Market estimation notes
           2.2.2 APPROACH 2
    2.3 DATA TRIANGULATION
           FIGURE 3 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS FOR THE STUDY
    2.5 LIMITATIONS OF THE STUDY
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELLING
    2.7 COVID-19 HEALTH ASSESSMENT
           FIGURE 4 COVID-19: GLOBAL PROPAGATION
           FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.8 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT
           FIGURE 7 CRITERIA IMPACTING GLOBAL ECONOMY
           FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 58)
           TABLE 2 FUNCTIONAL PROTEINS MARKET SNAPSHOT, 2020 VS. 2025
           FIGURE 9 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
           FIGURE 10 FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
           FIGURE 11 FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020 VS. 2025 (USD MILLION)
           FIGURE 12 FUNCTIONAL PROTEINS MARKET, BY FORM, 2020 VS. 2025 (USD MILLION)
           FIGURE 13 FUNCTIONAL PROTEINS MARKET SHARE, BY REGION, 2020

4 PREMIUM INSIGHTS (Page No. - 64)
    4.1 BRIEF OVERVIEW OF THE FUNCTIONAL PROTEINS MARKET
           FIGURE 14 INCREASING DEMAND FOR CONSUMER HEALTH AND WELLNESS TO DRIVE THE GROWTH OF THE FUNCTIONAL PROTEINS MARKET
    4.2 FUNCTIONAL PROTEINS MARKET: MAJOR REGIONAL SUBMARKETS
           FIGURE 15 US IS THE LARGEST MARKET GLOBALLY FOR FUNCTIONAL PROTEINS IN 2020
    4.3 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET, BY TYPE AND COUNTRY
           FIGURE 16 CANADA IS ESTIMATED TO GROW AT THE HIGHEST RATE IN NORTH AMERICA IN 2020
    4.4 FUNCTIONAL PROTEINS MARKET, BY TYPE AND REGION
           FIGURE 17 WHEY PROTEIN CONCENTRATES SEGMENT IS ESTIMATED TO DOMINATE THE FUNCTIONAL PROTEINS MARKET IN 2020
    4.5 FUNCTIONAL PROTEINS MARKET, BY APPLICATION
           FIGURE 18 FUNCTIONAL FOOD SEGMENT PROJECTED TO DOMINATE THE FUNCTIONAL PROTEINS MARKET
    4.6 FUNCTIONAL PROTEINS MARKET, BY SOURCE
           FIGURE 19 ANIMAL SOURCE SEGMENT PROJECTED TO DOMINATE THE FUNCTIONAL PROTEINS MARKET
    4.7 FUNCTIONAL PROTEINS MARKET, BY FORM
           FIGURE 20 DRY FORM PROJECTED TO DOMINATE THE FUNCTIONAL PROTEINS MARKET

5 MARKET OVERVIEW (Page No. - 70)
    5.1 INTRODUCTION
           FIGURE 21 HIGH DEMAND FOR PROTEIN WITNESSED IN THE DAILY DIET OF CONSUMERS IN NORTH AMERICA IN 2018 (%)
           FIGURE 22 US: WHEY PROTEIN PRODUCTION, 2016 VS. 2017 (MILLION POUNDS)
    5.2 MARKET DYNAMICS
           FIGURE 23 FUNCTIONAL PROTEINS MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Growing instances of chronic diseases
           FIGURE 24 PERCENTAGE OF THE US POPULATION WITH MULTIPLE CHRONIC ILLNESSES, 2017
           FIGURE 25 CHRONIC DISEASES WERE AMONG THE TOP TEN CAUSES OF DEATH WORLDWIDE AMONGST ALL AGES, 2016
                    5.2.1.2 Rising healthcare burden due to chronic ailments
                    5.2.1.3 Rising health awareness among consumers
           FIGURE 26 CONSUMER INTEREST IN SPECIFIC NUTRIENTS IN DIETS
                    5.2.1.4 Increasing applications of functional proteins
           5.2.2 GROWING DEMAND FOR FUNCTIONAL PROTEINS FOR ANIMAL NUTRITION
                    5.2.2.1 Growing consumption of functional foods
           FIGURE 27 RETAIL SALES OF FUNCTIONAL AND FORTIFIED FOOD PRODUCTS IN AUSTRALIA (USD MILLION), 2018-2022
           5.2.3 RESTRAINTS
                    5.2.3.1 Increasing allergies and intolerances related to a few functional proteins
                    5.2.3.2 High cost of plant-based functional proteins
           5.2.4 OPPORTUNITIES
                    5.2.4.1 Rising middle-class income in emerging economies
           FIGURE 28 PER CAPITA GDP (USD), BY COUNTRY, 2019
                    5.2.4.2 Technological advancements in the functional proteins market
           5.2.5 MICROARRAYS
                    5.2.5.1 Growing popularity of functional proteins for sports nutrition
           FIGURE 29 NUMBER OF HEALTH CLUB CONSUMERS IN THE US (MILLIONS), 2008 VS. 2018
           5.2.6 CHALLENGES
                    5.2.6.1 Regulatory influence
    5.3 IMPACT OF COVID-19 ON MARKET DYNAMICS
           5.3.1 IMPACT OF COVID-19 ON SPORTS NUTRITION, WHICH IS ONE OF THE MAJOR APPLICATIONS OF FUNCTIONAL PROTEINS
           5.3.2 COVID-19 IMPACT ON FUNCTIONAL PROTEINS SUPPLY CHAIN AND AVAILABILITY OF RAW MATERIALS
           5.3.3 COVID-19 HAS BENEFITTED THE FUNCTIONAL FOODS MARKET, FURTHER DRIVING THE DEMAND FOR FUNCTIONAL PROTEINS

6 INDUSTRY TRENDS (Page No. - 80)
    6.1 INTRODUCTION
           FIGURE 30 WHEY PROTEINS: CONSTITUENTS AND APPLICATIONS
    6.2 VALUE CHAIN ANALYSIS
           FIGURE 31 FUNCTIONAL PROTEINS: VALUE CHAIN ANALYSIS
    6.3 TECHNOLOGY ANALYSIS
           6.3.1 HYDROLYSIS
           6.3.2 MEMBRANE FILTRATION TECHNOLOGY
           6.3.3 FOOD MICROENCAPSULATION
           6.3.4 BIOTECHNOLOGY
    6.4 PRICING ANALYSIS: FUNCTIONAL PROTEINS MARKET
           TABLE 3 PRICING ANALYSIS, BY TYPE, 2019 (USD/KG)
           FIGURE 32 PRICING TREND OF WHEY PROTEIN CONCENTRATES, 2016–2020 (USD/TON)
    6.5 ECOSYSTEM MAP
           6.5.1 FUNCTIONAL PROTEINS MARKET: ECOSYSTEM VIEW
           6.5.2 FUNCTIONAL PROTEINS MARKET: MARKET MAP
                    6.5.2.1 Upstream
           6.5.3 TECHNOLOGY PROVIDER
           6.5.4 INGREDIENT AND RAW MATERIAL PROVIDERS
                    6.5.4.1 Downstream
           6.5.5 REGULATORY BODIES & CERTIFICATION PROVIDERS
           6.5.6 KEY REGULATORY BODIES FOR THE FUNCTIONAL PROTEINS AND OTHER NUTRACEUTICAL INGREDIENTS
    6.6 YC-YCC SHIFT
           FIGURE 34 REVENUE SHIFT FOR FUNCTIONAL PROTEINS MARKET
    6.7 PATENT ANALYSIS
           FIGURE 35 PATENT INSIGHTS (2018-2020)
           FIGURE 36 PATENT ANALYSIS, BY DOCUMENT COUNT (2011-2020)
           TABLE 4 KEY PATENTS PERTAINING TO FUNCTIONAL PROTEINS, 2018-2020
    6.8 TRADE ANALYSIS
           TABLE 5 KEY IMPORTING COUNTRIES WITH IMPORT VALUE OF PROTEIN CONCENTRATES, 2019 (USD MILLION)
           TABLE 6 KEY EXPORTING COUNTRIES WITH EXPORT VALUE OF FUNCTIONAL PROTEINS, 2019 (USD MILLION)
           TABLE 7 IMPORT DATA OF PROTEIN: CONCENTRATES AND TEXTURED PROTEIN SUBSTANCES, BY COUNTRY, 2020
           TABLE 8 EXPORT DATA OF PROTEIN: CONCENTRATES AND TEXTURED PROTEIN SUBSTANCES, BY COUNTRY, 2020
           TABLE 9 RE-EXPORT DATA OF PROTEIN: CONCENTRATES AND TEXTURED PROTEIN SUBSTANCES, BY COUNTRY, 2020
    6.9 PORTER’S FIVE FORCES ANALYSIS
           TABLE 10 FUNCTIONAL PROTEINS MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.9.1 DEGREE OF COMPETITION
           6.9.2 BARGAINING POWER OF SUPPLIERS
           6.9.3 BARGAINING POWER OF BUYERS
           6.9.4 THREAT OF SUBSTITUTES
           6.9.5 THREAT OF NEW ENTRANTS
    6.1 CASE STUDIES
           6.10.1 SUSTAINABLE TRANSITION TO PLANT-PROTEIN PRODUCTION AND CONSUMPTION
           TABLE 11 FUNCTIONAL PROTEINS MARKET: SUSTAINABLE PLANT-PROTEIN PRODUCTION
           6.10.2 GROWING CONSUMER DEMAND FOR INNOVATIVE SOURCES OF FUNCTIONAL PROTEINS
           TABLE 12 FUNCTIONAL PROTEINS MARKET: GROWING DEMAND FOR INNOVATIVE PROTEIN SOURCES

7 REGULATORY FRAMEWORK (Page No. - 97)
    7.1 INTRODUCTION
           7.1.1 REGULATIONS RELATED TO THE INTENDED USE OF FUNCTIONAL PROTEINS BY COMPANIES
           7.1.2 REGULATIONS PERTAINING TO PLANT-BASED FUNCTIONAL PROTEINS (PEA PROTEINS)
           7.1.3 REGULATIONS PERTAINING TO PROTEIN INTAKE
    7.2 NORTH AMERICA
           7.2.1 CANADA
           7.2.2 US
    7.3 EUROPEAN UNION
    7.4 ASIA PACIFIC
           7.4.1 CHINA
           7.4.2 INDIA

8 FUNCTIONAL PROTEINS MARKET, BY TYPE (Page No. - 102)
    8.1 INTRODUCTION
           FIGURE 37 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
           TABLE 13 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 14 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020-2025 (USD MILLION)
           TABLE 15 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (KT)
           TABLE 16 FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020-2025 (KT)
           8.1.1 COVID-19 IMPACT ON THE FUNCTIONAL PROTEINS MARKET, BY TYPE
                    8.1.1.1 Realistic Scenario
           TABLE 17 REALISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
                    8.1.1.2 Optimistic Scenario
           TABLE 18 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
                    8.1.1.3 Pessimistic Scenario
           TABLE 19 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
    8.2 HYDROLYSATES
           8.2.1 ALLERGY AVERSION AND FLAVOR ENHANCEMENT QUALITIES OF HYDROLYSATES MAKE THEM A POPULAR INGREDIENT IN DIETARY SUPPLEMENTS AND INFANT NUTRITION PRODUCTS
           TABLE 20 HYDROLYSATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 21 HYDROLYSATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.3 WHEY PROTEIN CONCENTRATES
           8.3.1 EASE OF AVAILABILITY AND LESS COST OF PRODUCTION AID THE POPULARITY OF WHEY PROTEIN CONCENTRATES
           TABLE 22 WHEY PROTEIN CONCENTRATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 23 WHEY PROTEIN CONCENTRATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.4 WHEY PROTEIN ISOLATES
           8.4.1 WHEY PROTEIN ISOLATES SHOWCASE DIVERSE FUNCTIONALITIES
           TABLE 24 WHEY PROTEIN ISOLATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 25 WHEY PROTEIN ISOLATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.5 CASEIN/CASEINATES
           8.5.1 CASEIN IS AN ACTIVE INGREDIENT IN DIETARY SUPPLEMENTS AS IT INDUCES LOSS IN BODY WEIGHT
           TABLE 26 CASEIN/CASEINATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 27 CASEIN/CASEINATES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.6 SOY PROTEIN
           8.6.1 LOW PROCESSING COST COUPLED WITH ALL-ROUND HEALTH BENEFITS DRIVING MARKET GROWTH
           TABLE 28 SOY PROTEIN: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 29 SOY PROTEIN: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
    8.7 OTHER TYPES
           8.7.1 INCREASE IN DEMAND FOR EGGS, WHEAT, AND PEA PROTEINS
           TABLE 30 OTHER TYPES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 31 OTHER TYPES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

9 FUNCTIONAL PROTEINS MARKET, BY SOURCE (Page No. - 113)
    9.1 INTRODUCTION
           FIGURE 38 FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020 VS. 2025 (USD MILLION)
           TABLE 32 FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 33 FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020-2025 (USD MILLION)
           9.1.1 COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET, BY SOURCE
                    9.1.1.1 Realistic Scenario
           TABLE 34 REALISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
                    9.1.1.2 Optimistic Scenario
           TABLE 35 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
                    9.1.1.3 Pessimistic Scenario
           TABLE 36 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
    9.2 ANIMAL SOURCE
           TABLE 37 ANIMAL SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 38 ANIMAL SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           TABLE 39 ANIMAL SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, 2015–2019 (USD MILLION)
           TABLE 40 ANIMAL SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, 2020-2025 (USD MILLION)
           9.2.1 DAIRY PROTEIN
                    9.2.1.1 Dairy proteins are preferred among consumers owing to their taste and texture profile
           9.2.2 EGG PROTEIN
                    9.2.2.1 Highest protein content makes egg protein a highly preferred option in the functional proteins market
           9.2.3 GELATIN
                    9.2.3.1 Exemplary functional properties and associated health benefits propelling the market growth of gelatin
    9.3 PLANT SOURCE
           TABLE 41 PLANT SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 42 PLANT SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
           TABLE 43 PLANT SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, 2015–2019 (USD MILLION)
           TABLE 44 PLANT SOURCE: FUNCTIONAL PROTEINS MARKET SIZE, 2020-2025 (USD MILLION)
           9.3.1 SOY
                    9.3.1.1 Low cost of processing aids the market growth for soy protein
           9.3.2 WHEAT
                    9.3.2.1 Wheat gluten allergies among consumers have led to an adverse impact on the market
           9.3.3 VEGETABLE
                    9.3.3.1 Pea protein to record a significant growth rate owing to its high nutritious value

10 FUNCTIONAL PROTEINS MARKET, BY APPLICATION (Page No. - 121)
     10.1 INTRODUCTION
           FIGURE 39 FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020 VS. 2025 (USD BILLION)
           TABLE 45 FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 46 FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020-2025 (USD MILLION)
             10.1.1 COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET, BY APPLICATION
                        10.1.1.1 Realistic Scenario
           TABLE 47 REALISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
                        10.1.1.2 Optimistic Scenario
           TABLE 48 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
                        10.1.1.3 Pessimistic Scenario
           TABLE 49 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
     10.2 FUNCTIONAL FOOD
             10.2.1 POPULARITY OF ON-THE-GO PROTEIN SNACKS AND BARS FUELLING THE DEMAND FOR FUNCTIONAL PROTEINS
           TABLE 50 FUNCTIONAL FOOD: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 51 FUNCTIONAL FOOD: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     10.3 FUNCTIONAL BEVERAGES
             10.3.1 PROTEIN SHAKES AND JUICES INCREASINGLY PREFERRED BY YOUNG CONSUMERS WITH HECTIC LIFESTYLES
           TABLE 52 FUNCTIONAL BEVERAGES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 53 FUNCTIONAL BEVERAGES: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     10.4 DIETARY SUPPLEMENTS
             10.4.1 FUNCTIONAL PROTEINS USED AS AN INTEGRAL INGREDIENT IN DIETARY SUPPLEMENTS
           TABLE 54 DIETARY SUPPLEMENTS: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 55 DIETARY SUPPLEMENTS: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     10.5 SPORTS NUTRITION
             10.5.1 PROTEIN USED AS AN ACTIVE INGREDIENT IN SPORTS NUTRITION PRODUCTS
           TABLE 56 SPORTS NUTRITION: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 57 SPORTS NUTRITION: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     10.6 ANIMAL NUTRITION
             10.6.1 FUNCTIONAL PROTEINS USED AS A NUTRIENT SOURCE IN ANIMAL AND PET FEEDS
           TABLE 58 ANIMAL NUTRITION: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 59 ANIMAL NUTRITION: FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

11 FUNCTIONAL PROTEINS MARKET, BY FORM (Page No. - 131)
     11.1 INTRODUCTION
           FIGURE 40 FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020 VS. 2025 (USD MILLION)
           TABLE 60 FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 61 FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020-2025 (USD MILLION)
     11.2 DRY
             11.2.1 LONGER SHELF STABILITY OF THE DRY FORM TO DRIVE THE MARKET GROWTH
           TABLE 62 DRY: FUNCTIONAL FOOD MARKET SIZE, BY REGION, 2015-2019 (USD MILLION)
           TABLE 63 DRY: FUNCTIONAL FOOD MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)
     11.3 LIQUID
             11.3.1 EASE OF MIXING IN CASE OF THE LIQUID FORM PROJECTED TO DRIVE ITS GROWTH
           TABLE 64 LIQUID: FUNCTIONAL FOOD MARKET SIZE, BY REGION, 2015-2019 (USD MILLION)
           TABLE 65 LIQUID: FUNCTIONAL FOOD MARKET SIZE, BY REGION, 2020-2025 (USD MILLION)

12 FUNCTIONAL PROTEINS MARKET, BY REGION (Page No. - 135)
     12.1 INTRODUCTION
           FIGURE 41 INDIA AND CHINA TO RECORD THE SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
           TABLE 66 FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2015–2019 (USD MILLION)
           TABLE 67 FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
             12.1.1 COVID-19 IMPACT ON THE FUNCTIONAL PROTEINS MARKET, BY REGION
                        12.1.1.1 Realistic Scenario
           TABLE 68 REALISTIC SCENARIO: COVID-19 IMPACT ON THE FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                        12.1.1.2 Pessimistic Scenario
           TABLE 69 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                        12.1.1.3 Optimistic Scenario
           TABLE 70 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FUNCTIONAL PROTEINS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
           FIGURE 42 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SNAPSHOT
           TABLE 71 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY, 2015–2019 (USD MILLION)
           TABLE 72 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
           TABLE 73 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 74 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 75 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 76 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
           TABLE 77 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 78 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
           TABLE 79 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 80 NORTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             12.1.2 US
                        12.1.2.1 Rising health concerns and prevention of lifestyle diseases are the major drivers of functional proteins
           TABLE 81 US: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 82 US: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 83 US: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 84 US: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.1.3 CANADA
                        12.1.3.1 Active involvement of government bodies in the expansion and development of the agri-food sector
           TABLE 85 CANADA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 86 CANADA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 87 CANADA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 88 CANADA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.1.4 MEXICO
                        12.1.4.1 Malnutrition and obesity triggering the demand for functional proteins
           TABLE 89 MEXICO: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 90 MEXICO: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 91 MEXICO: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 92 MEXICO: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
     12.2 EUROPE
           FIGURE 43 EUROPE: FUNCTIONAL PROTEINS MARKET SNAPSHOT
           TABLE 93 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2015–2019 (USD MILLION)
           TABLE 94 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2020–2025 (USD MILLION)
           TABLE 95 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 96 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 97 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 98 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
           TABLE 99 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 100 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
           TABLE 101 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 102 EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             12.2.1 GERMANY
                        12.2.1.1 Aversion toward meat products fueling the demand for plant-sourced functional proteins
           TABLE 103 GERMANY: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 104 GERMANY: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 105 GERMANY: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 106 GERMANY: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.2.2 FRANCE
                        12.2.2.1 Plant proteins gaining traction in the French market
           TABLE 107 FRANCE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 108 FRANCE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 109 FRANCE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 110 FRANCE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.2.3 UK
                        12.2.3.1 High purchasing power of consumers leading to the growth of the functional proteins market
           TABLE 111 UK: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 112 UK: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 113 UK: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 114 UK: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.2.4 ITALY
                        12.2.4.1 Multitude of establishments involved in cheese production fueling the demand for dairy-based functional proteins
           TABLE 115 ITALY: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 116 ITALY: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 117 ITALY: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 118 ITALY: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.2.5 SPAIN
                        12.2.5.1 Food-related epidemics and health concerns drive the functional proteins market
           TABLE 119 SPAIN: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 120 SPAIN: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 121 SPAIN: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 122 SPAIN: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.2.6 REST OF EUROPE
                        12.2.6.1 Key players based enhancing the growth opportunities for the functional proteins market
           TABLE 123 REST OF EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 124 REST OF EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 125 REST OF EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 126 REST OF EUROPE: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
     12.3 ASIA PACIFIC
           FIGURE 44 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SNAPSHOT
           TABLE 127 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2015–2019 (USD MILLION)
           TABLE 128 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2020–2025 (USD MILLION)
           TABLE 129 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 130 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 131 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 132 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
           TABLE 133 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 134 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
           TABLE 135 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 136 ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             12.3.1 CHINA
                        12.3.1.1 Increased purchasing power of consumers due to economic development fuels the demand for functional proteins
           TABLE 137 CHINA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 138 CHINA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 139 CHINA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 140 CHINA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.3.2 INDIA
                        12.3.2.1 Demand for functional proteins triggered by surging internet penetration among the millennial population
           TABLE 141 INDIA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 142 INDIA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 143 INDIA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 144 INDIA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.3.3 JAPAN
                        12.3.3.1 Increase in the country’s aging population drives the demand for protein-infused functional food products
           TABLE 145 JAPAN: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 146 JAPAN: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 147 JAPAN: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 148 JAPAN: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.3.4 AUSTRALIA & NEW ZEALAND
                        12.3.4.1 Prevalence of chronic lifestyle diseases such as diabetes propels the demand for functional proteins
           TABLE 149 AUSTRALIA & NEW ZEALAND: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 150 AUSTRALIA & NEW ZEALAND: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 151 AUSTRALIA & NEW ZEALAND: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 152 AUSTRALIA & NEW ZEALAND: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.3.5 REST OF ASIA PACIFIC
                        12.3.5.1 Favorable business environment aiding investments in the region by functional protein manufacturers
           TABLE 153 REST OF ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 154 REST OF ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 155 REST OF ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 156 REST OF ASIA PACIFIC: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
     12.4 SOUTH AMERICA
           TABLE 157 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2015–2019 (USD MILLION)
           TABLE 158 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2020–2025 (USD MILLION)
           TABLE 159 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 160 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 161 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 162 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
           TABLE 163 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 164 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
           TABLE 165 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 166 SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             12.4.1 BRAZIL
                        12.4.1.1 Environmental concerns associated with the current livestock production system driving the functional proteins market
           TABLE 167 BRAZIL: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 168 BRAZIL: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 169 BRAZIL: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 170 BRAZIL: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.4.2 ARGENTINA
                        12.4.2.1 Inclination of consumers toward vegan diets is increasing the demand for plant-based proteins
           TABLE 171 ARGENTINA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 172 ARGENTINA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 173 ARGENTINA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 174 ARGENTINA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.4.3 REST OF SOUTH AMERICA
                        12.4.3.1 Untapped market entering growth stage ergo trending health-conscious regimes and diets
           TABLE 175 REST OF SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 176 REST OF SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 177 REST OF SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 178 REST OF SOUTH AMERICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
     12.5 REST OF THE WORLD
           TABLE 179 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2015–2019 (USD MILLION)
           TABLE 180 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY COUNTRY/REGION, 2020–2025 (USD MILLION)
           TABLE 181 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 182 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 183 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 184 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
           TABLE 185 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2015–2019 (USD MILLION)
           TABLE 186 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY FORM, 2020–2025 (USD MILLION)
           TABLE 187 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2015–2019 (USD MILLION)
           TABLE 188 REST OF THE WORLD: FUNCTIONAL PROTEINS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             12.5.1 AFRICA
                        12.5.1.1 Growing consumer preference for low-calorie diets fueling the demand for functional proteins
           TABLE 189 AFRICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 190 AFRICA: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 191 AFRICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 192 AFRICA: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)
             12.5.2 MIDDLE EAST
                        12.5.2.1 Use of functional proteins for the dietary supplements and sports nutrition segments
           TABLE 193 MIDDLE EAST: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2015–2019 (USD MILLION)
           TABLE 194 MIDDLE EAST: FUNCTIONAL PROTEINS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
           TABLE 195 MIDDLE EAST: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2015–2019 (USD MILLION)
           TABLE 196 MIDDLE EAST: FUNCTIONAL PROTEINS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 193)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS, 2019
           TABLE 197 FUNCTIONAL PROTEINS MARKET: DEGREE OF COMPETITION
     13.3 REVENUE ANALYSIS OF KEY PLAYERS, 2017-2019
           FIGURE 45 REVENUE ANALYSIS (SEGMENTAL) OF KEY PLAYERS IN THE MARKET, 2017–2019 (USD MILLION)
     13.4 COVID-19-SPECIFIC COMPANY RESPONSE
     13.5 COMPANY EVALUATION QUADRANT: DEFINITIONS & METHODOLOGY (OVERALL MARKET)
             13.5.1 STARS
             13.5.2 EMERGING LEADERS
             13.5.3 PERVASIVE PLAYERS
             13.5.4 PARTICIPANTS
           FIGURE 46 FUNCTIONAL PROTEINS MARKET: COMPANY EVALUATION QUADRANT, 2019 (OVERALL MARKET)
             13.5.5 PRODUCT FOOTPRINT
           TABLE 198 FUNCTIONAL PROTEINS MARKET: COMPANY INDUSTRY FOOTPRINT
           TABLE 199 FUNCTIONAL PROTEINS MARKET: COMPANY REGION FOOTPRINT
           TABLE 200 FUNCTIONAL PROTEINS MARKET: COMPANY TYPE FOOTPRINT
           TABLE 201 FUNCTIONAL PROTEINS MARKET: OVERALL COMPANY FOOTPRINT
     13.6 COMPANY EVALUATION QUADRANT (START-UPS/SMES)
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 STARTING BLOCKS
             13.6.3 RESPONSIVE COMPANIES
             13.6.4 DYNAMIC COMPANIES
           FIGURE 47 FUNCTIONAL PROTEINS MARKET: COMPANY EVALUATION QUADRANT FOR START-UPS/SMES, 2019
     13.7 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS
             13.7.1 NEW PRODUCT LAUNCHES
           TABLE 202 NEW PRODUCT LAUNCHES, 2019–2020
             13.7.2 DEALS
           TABLE 203 DEALS, 2018–2020
             13.7.3 OTHER DEVELOPMENTS
           TABLE 204 OTHER DEVELOPMENTS, 2019–2020

14 COMPANY PROFILES (Page No. - 207)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)* 
     14.1 KEY PLAYERS
             14.1.1 ARCHER DANIELS MIDLAND COMPANY (ADM)
           TABLE 205 ARCHER DANIELS MIDLAND COMPANY (ADM): BUSINESS OVERVIEW
           FIGURE 48 ARCHER DANIELS MIDLAND COMPANY (ADM): COMPANY SNAPSHOT
           TABLE 206 ARCHER DANIELS MIDLAND COMPANY (ADM): PRODUCTS OFFERED
             14.1.2 DSM
           TABLE 207 DSM: BUSINESS OVERVIEW
           FIGURE 49 DSM: COMPANY SNAPSHOT
           TABLE 208 DSM: PRODUCTS OFFERED
             14.1.3 BASF
           TABLE 209 BASF: BUSINESS OVERVIEW
           FIGURE 50 BASF: COMPANY SNAPSHOT
           TABLE 210 BASF: PRODUCTS OFFERED
             14.1.4 INGREDION
           TABLE 211 INGREDION: BUSINESS OVERVIEW
           FIGURE 51 INGREDION: COMPANY SNAPSHOT
           TABLE 212 INGREDION: PRODUCTS OFFERED
             14.1.5 FONTERRA
           TABLE 213 FONTERRA: BUSINESS OVERVIEW
           FIGURE 52 FONTERRA: COMPANY SNAPSHOT
           TABLE 214 FONTERRA: PRODUCTS OFFERED
             14.1.6 CARGILL
           TABLE 215 CARGILL: BUSINESS OVERVIEW
           FIGURE 53 CARGILL: COMPANY SNAPSHOT
           TABLE 216 CARGILL: PRODUCTS OFFERED
             14.1.7 SUNOPTA
           TABLE 217 SUNOPTA: BUSINESS OVERVIEW
           FIGURE 54 SUNOPTA: COMPANY SNAPSHOT
           TABLE 218 SUNOPTA: PRODUCTS OFFERED
             14.1.8 DUPONT
           TABLE 219 DUPONT: BUSINESS OVERVIEW
           FIGURE 55 DUPONT: COMPANY SNAPSHOT
           TABLE 220 DUPONT: PRODUCTS OFFERED
             14.1.9 ROQUETTE
           TABLE 221 ROQUETTE: BUSINESS OVERVIEW
           TABLE 222 ROQUETTE: PRODUCTS OFFERED
             14.1.10 GLANBIA
           TABLE 223 GLANBIA: BUSINESS OVERVIEW
           FIGURE 56 GLANBIA: COMPANY SNAPSHOT
           TABLE 224 GLANBIA: PRODUCTS OFFERED
             14.1.11 OMEGA PROTEIN
           TABLE 225 OMEGA PROTEIN: BUSINESS OVERVIEW
           TABLE 226 OMEGA PROTEIN: PRODUCTS OFFERED
     14.2 START-UPS/SMES
             14.2.1 ARLA FOODS
           TABLE 227 ARLA FOODS: BUSINESS OVERVIEW
           FIGURE 57 ARLA FOODS: COMPANY SNAPSHOT
           TABLE 228 ARLA FOODS: PRODUCTS OFFERED
             14.2.2 EESENTIA PROTEIN SOLUTIONS
           TABLE 229 ESSENTIA PROTEIN SOLUTIONS: BUSINESS OVERVIEW
           TABLE 230 ESSENTIA PROTEIN SOLUTIONS: PRODUCTS OFFERED
             14.2.3 PROTIFARM
           TABLE 231 PROTIFARM: BUSINESS OVERVIEW
           TABLE 232 PROTIFARM: PRODUCTS OFFERED
             14.2.4 FRIESLANDCAMPINA
           TABLE 233 FRIESLANDCAMPINA: BUSINESS OVERVIEW
           FIGURE 58 FRIESLANDCAMPINA: COMPANY SNAPSHOT
           TABLE 234 FRIESLANDCAMPINA: PRODUCTS OFFERED
             14.2.5 AMAI PROTEINS
           TABLE 235 AMAI PROTEINS: BUSINESS OVERVIEW
           TABLE 236 AMAI PROTEINS: PRODUCTS OFFERED
             14.2.6 BENEO
           TABLE 237 BENEO: BUSINESS OVERVIEW
           TABLE 238 BENEO: PRODUCTS OFFERED
             14.2.7 PLANTIBLE FOODS
           TABLE 239 PLANTIBLE FOODS: BUSINESS OVERVIEW
           TABLE 240 PLANTIBLE FOODS: PRODUCTS OFFERED
             14.2.8 MERIT FUNCTIONAL FOODS
           TABLE 241 MERIT FUNCTIONAL FOODS: BUSINESS OVERVIEW
           TABLE 242 MERIT FUNCTIONAL FOODS: PRODUCTS OFFERED
             14.2.9 MYCORENA
           TABLE 243 MYCORENA: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies. 

15 ADJACENT AND RELATED MARKETS (Page No. - 247)
     15.1 INTRODUCTION
           TABLE 244 ADJACENT MARKETS TO FUNCTIONAL PROTEINS
     15.2 LIMITATIONS
     15.3 PROTEIN INGREDIENTS MARKET
             15.3.1 MARKET DEFINITION
           FIGURE 59 PROTEIN INGREDIENTS MARKET SIZE, 2018-2025 (USD MILLION)
           TABLE 245 PROTEIN INGREDIENTS MARKET SIZE, BY APPLICATION, 2018- 2025 (USD BILLION)
     15.4 DAIRY INGREDIENTS MARKET
             15.4.1 MARKET DEFINITION
             15.4.2 MARKET OVERVIEW
           FIGURE 60 DAIRY INGREDIENTS MARKET SIZE, 2017–2025 (USD MILLION)
           TABLE 246 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2017-2025 (USD BILLION)

16 APPENDIX (Page No. - 252)
     16.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.2 FUNCTIONAL PROTEINS MARKET: AVAILABLE CUSTOMIZATIONS
     16.3 RELATED REPORTS
     16.4 AUTHOR DETAILS

The study involved four major activities in estimating the functional proteins market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of the market is characterized by the presence of manufacturing companies and government organizations, service providing company officials, government and research organizations, and research officers. The supply side is characterized by the presence of key CEOs and vice presidents, marketing directors, product innovation directors and related key executives from manufacturing companies and organizations operating in the market, and manufacturing and marketing companies. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Given below is the breakdown of the primary respondents:

Functional Proteins Market   Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the functional proteins market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players were identified through extensive secondary research.
  • The COVID-19 impact on market size of functional proteins was determined through primary and secondary research.
  • All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size from the estimation process described above, the total market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—top-down approach, bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points match, the data is assumed to be correct.

Report Objectives

  • Determining and projecting the size of the functional proteins market, with respect to type, application, form, source, and regional markets, over a five-year period, ranging from 2020 to 2025
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the region
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • Providing the regulatory framework for major countries related to the functional proteins market
  • Analyzing the micro-markets, with respect to individual growth trends, prospects, and their contribution to the total market
  • Identifying and profiling the key players in the functional proteins market
  • Providing a comparative analysis of market leaders on the basis of the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
  • Analyzing the value chain and products across the key regions and their impact on the prominent market players
  • Providing insights on key product innovations and investments in the global functional proteins market

Available Customizations

Geographical Analysis

  • Further breakdown of the Rest of Europe functional proteins market, by key country
  • Further breakdown of the Rest of Asia Pacific functional proteins market, by key country

Segmentation Analysis

  • Market segmentation analysis of other types of functional proteins
  • Further bifurcation of types by applications of functional proteins

Company Information

  • Analyses and profiling of additional market players (up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Functional Proteins Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Functional Proteins Market

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Report Code
FB 5189
Published ON
Mar, 2021
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