Market Research Future (Food and Beverages) Functional Protein Market Analysis, Regional Trend | Page 3

Functional Protein Market Research Report- Forecast to 2022 2 Market Overview 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. Target Audience        Functional Protein manufacturers Pharmaceutical Industry Food and beverages industry Sport Nutrition Manufacturers E-commerce Retailers and wholesalers Traders, importers and exporters Page | 3 Copyright © 2017 Market Research Future.