The global functional protein market size was USD 7.30 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.5% during the forecast period. Rising prevalence of chronic diseases, particularly cancer, Cardiovascular Disease (CVD), Gastrointestinal (GI) tract disorders, and neurological diseases is a key factor driving market revenue growth. According to World Health Organization (WHO), 41 million people every year due to chronic diseases, globally. Cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional protein serves an important part in sustaining a healthy lifestyle and lowering disease risk factors. Functional proteins are biologically active proteins that aid in the maintenance and enhancement of proper immunological function. These proteins help to lower Low-Density Lipoproteins (LDL) cholesterol levels and reduce the risk of heart disease, which also aid in weight management and reduce the risk of obesity.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Functional Protein market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Functional Protein market landscape.
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Key companies operating in the Functional Protein market include:
ADM, DuPont, Cargill, Incorporated¸ Ingredion, Arla Foods amba, Roquette Frères, BASF SE, Glanbia PLC, Fonterra Co-operative Group Limited, and DSM
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Functional Protein market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
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Functional Protein Market Segmentation:
Functional Protein Market Segmentation by Regions:
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