Proteins are powerful nutrient and part of every living cell. They play a vital role in almost all body functions right from creating body tissues to producing important hormones. Functional proteins are a complex mixture of biologically active proteins. In other words, such proteins are the ingredients that include biological effects when consumed. For example, raw soybean consists of trypsin inhibitor, an ingredient that helps enhance the ability of human and/or animal body to digest proteins easily. Functional proteins find a wide variety of application in dietary supplements, functional foods, animal nutrition, and functional beverages.
Functional Food/Beverages to be the Major Application Areas
Dietary supplements are predicted to reach $ 2.95 billion by 2025. On the other hand, functional foods and beverages are likely to be the fastest-growing segments. Functional foods led the overall application segment accounting for 29.1 % of the overall share in 2016. Increased importance of nutritional fortification in the food processing industry, as a result of hectic lifestyle, makes consumers to go for new food items fortified with functional proteins. This factor is expected to augment the demand for various innovative functional food products over the coming years. Functional beverages segment is expected to register a healthy growth with a CAGR of 7 % during the estimated period on account of increased importance of protein shakes for weight management.
Wildway LLC recently announced the launch of its new line of functional smoothie mixes that will be presented at the Natural Products Expo East in Baltimore this year. The new functional beverages are full of probiotics that are created using plant-based adaptogens and herbs for improved body functions. According to the company, their product line is much efficient and effective than other protein powders. FrieslandCampina; Saputo Ingredients APC Inc.; Fonterra Co-operative Group Ltd.; Kerry Group; and Glanbia PLC are some of the key companies in the global market.
Market Overview
Based on a report published by Grand View Research, Inc.; the global functional protein market is predicted to reach USD 7.45 billion by 2025 growing at a CAGR of 7.5 % from 2017 to 2025. Increased demand for nutraceuticals due to rising diet and health consciousness is predicted to be the key factor driving the growth of the global market.
In-Depth Research Report On Functional Protein Market:
https://www.grandviewresearch.com/industry-analysis/functional-protein-market
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