Description
The global market for functional protein has witnessed continued demand during the last few years and is projected to reach 2,280 kilo tons by 2022, at a CAGR of 3.78% by 2022. Increase in demand of functional protein across functional segments particularly for sport nutrition and digestive nutrition is likely to drive the global functional protein market.
Europe will continue to dominate the functional protein market with more than 35% market share and it is projected to reach more than 828 kilo tons with CAGR of 2.36% by 2022. APAC will witness the higher growth rate (~5.48%) during forecast period 2016 to 2022. North America region will witness the growth of 4.88% in functional protein market for the same period. Growing popularity of sport nutrition and weight management nutrition in Europe is driving the market growth. Changing lifestyle and increasing awareness about health benefits of functional protein in Asia Pacific region is playing a key role in the market growth from last few years.
Plant protein will witness the higher growth rate (~4.29%). By 2022, plant sourced functional protein market in world will reach more than 1070 kilo tons. Easy manufacturing process and availability of raw material is supporting the growth of animal based functional protein. Increasing production of soy and other raw materials for plant protein is influencing the higher growth rate of plant protein.
By 2022, weight management nutrition will reach 640 kilo tons with CAGR of 3.97%. Increasing sport activities and gym activities is creating the huge demand of sport nutrition in the market. Due to busy lifestyle and consumption of unhealthy food, digestive system of consumers is getting affected. Functional protein has been very effective to boost digestive system compare to other medicines available in the market which is supporting the functional protein market.
Supermarket will continue to dominate the functional protein market with 26% market share and it is projected to reach 600 kilo tons with CAGR of 2.9% by 2022. E-commerce will witness the higher growth rate (~4.94%) during forecast period 2016 to 2022. By 2022, nutrition specialty store will reach 460 kilo tons with CAGR of 3.96%. The sales of functional protein through e-commerce will witness significant growth in upcoming years due to increasing number of internet user and availability of various functional protein products on the e-commerce websites especially in developed countries like France and U.S.
Key Players
The leading market players in the global functional protein market primarily are Glanbia Plc.(Ireland), Archer Daniels Midland Company (U.S.), GNC Holdings Inc (U.S.), Herbalife ltd (U.S.), NBTY, Inc. (U.S.), Shandong sinoglory health food co., ltd (China) and MaxiNutrition (U.K.)
Target Audience
• Functional Protein manufacturers
• Pharmaceutical Industry
• Food and beverages industry
• Sport Nutrition Manufacturers
• E-commerce
• Retailers and wholesalers
• Traders, importers and exporters
Key Findings
• The global functional protein market is projected to reach 2,280 kilo tons by 2022 of 3.78%
• Animal protein will continue to dominate the functional protein market with 49% market share and it is projected to reach 1,118 kilo tons with CAGR of 3.32% by 2022
• Powder form will continue to dominate the functional protein market with 52% market share and it is projected to reach 1,190 kilo tons with CAGR of 3.91% by 2022
Regional and Country Analysis of functional protein market Development and Demand Forecast to 2022 Market
The reports also cover country level analysis:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Russia
o Rest of Europe
• Asia – Pacific
o China
o Thailand
o India
o Australia
o Rest of APAC
• RoW
o South America
o Middle East
o Africa
DC Description-
Functional protein, protein interaction, proteins, protein purification, protein structure, structural protein, string, cellular protein
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3 Research Methodology
3.1 Introduction
3.2 Primary Research
4 Secondary Research
5 Market Dynamics
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Marketing Spend
5.1.1.2 Consumer preference
5.1.1.3 Functional Properties
5.1.1.4 Advancement in technology
5.1.2 Restraints
5.1.2.1 Availability of substitute
5.1.2.2 Negative impact on health
5.1.3 Opportunities
5.1.3.1 Increasing weight management practices
5.1.3.2 High demand for sport nutrition
5.1.3.3 Improving distribution channels
5.1.3.4 Increasing application in infant formula
5.1.4 Challenges
5.1.4.1 Competition with plant protein
5.1.4.2 Low consumer awareness
5.1.4.3 Rising commodity prices
6 Market Trends
6.1 Trends in Supply/Production
6.2 Trends in Demand/Consumption by function
6.3 Emerging Markets (Supply & Demand)
7 Emerging markets for proteins
7.1 Introduction
7.2 Trend in Protein concentrates and textured protein substances exports and imports
7.2.1 Trend in Protein concentrates and textured protein substances Exports
7.2.2 Trend in Protein concentrates and textured protein substances Imports
7.3 Innovations in Products/Process in Proteins
7.4 Macroeconomic Indicator Analysis for Top 2 Functional Protein Market
7.4.1 Pestle Analysis-U.S.
7.4.2 Pestle Analysis-U.K.
7.4.3 Pestle Analysis-India
7.4.4 Pestle Analysis-China
8 Market Factor Analysis
8.1 Introduction
8.2 Value Chain Analysis
8.3 Porter’s Five Forces
8.3.1 Bargaining Power of Suppliers
8.3.2 Threat of New Entrants
8.3.3 Bargaining Power of Buyers
8.3.4 Threat of Substitutes
8.3.5 Competitive Rivalry between Existing Players
8.4 Supply Chain Analysis
9 Global Functional Protein Market Overview
9.1 Global Functional Protein Market Overview
10 Global Functional Protein Market-By Source
11 Global Functional Protein Market Market-By Function
12 Global Functional Protein Market-By Delivery Format
13 Global Functional Protein Market-By Distribution Channel
14 North America Functional Protein Market
15 Europe Functional Protein Market
16 Asia Pacific Functional Protein Market
17 Rest of World Functional Protein Market
18 Competitive Landscape
18.1 Introduction
18.2 Product Launch/Development
18.3 Business Expansion
18.4 Agreements
18.5 R&D
18.6 Acquisitions
19 Company Profiles
19.1 Glanbia Plc.
19.1.1 Introduction
19.1.2 Financial
19.1.3 Company Snapshot
19.1.4 Product Portfolio
19.1.5 SWOT Analysis of Glanbia Plc
19.1.6 Key Developments
19.2 Archer Daniels Midland Company
19.2.1 Introduction
19.2.2 Financial
19.2.3 Company Snapshot
19.2.4 Product Portfolio
19.2.5 SWOT Analysis of Archer Daniels Midland Company
19.2.6 Key Developments
19.3 GNC Holdings Inc.
19.3.1 Introduction
19.3.2 15.3.2 Financial
19.3.3 Company Snapshot
19.3.4 Product Portfolio
19.3.5 SWOT Analysis of GNC Holdings Inc.
19.3.6 Key developmets
19.4 Herb life Ltd
19.4.1 Introduction
19.4.2 Financial Analysis
19.4.3 Company Snapshot
19.4.4 Product Portfolio
19.4.5 SWOT Analysis of Herbalife
19.4.6 Key Developments
19.5 NBTY, Inc
19.5.1 Introduction
19.5.2 Company Snapshot
19.5.3 Product Portfolio
19.5.4 Key Developments
19.6 Shandong sinoglory health food co., ltd
19.6.1 Introduction
19.6.2 Company Snapshot
19.6.3 Product Portfolio
19.7 Maxi Nutrition
19.7.1 Introduction
19.7.2 Company Snapshot
19.7.3 Product Portfolio
19.7.4 Key Developments
