Home > > Global Functional Proteins Market Report
The Functional Proteins market was valued at $4,854.3 Million in 2022, and is projected to reach $7,289.3 Million by 2032 growing at a CAGR of 4.20% from 2023 to 2032.Functional proteins are proteins that are used for a specific function or application, such as for use in food, beverages, supplements, and medical products. The market for functional proteins is driven by several factors, including an increasing demand for protein-rich products, a growing awareness of the health benefits of protein, and the development of new technologies for producing and processing proteins. Opportunities in the market include the expansion of the functional proteins market into new markets and the development of new protein-based products. Trends in the market include the increasing demand for plant-based proteins and the use of functional proteins in the development of personalized nutrition products. Some of the top companies in the functional proteins market include DuPont Nutrition & Health, Arla Foods, Kerry Group, and Fonterra Co-operative Group. These companies are actively involved in the research and development of new protein-based products and technologies, as well as the expansion of their presence in the functional proteins market.