Market Research Future (Food and Beverages) Functional Protein Market Analysis, Regional Trend | Page 4

Functional Protein Market Research Report- Forecast to 2022 3 Sample Pages Latest Industry News: Feb 2018 The Best Bar Ever has been bought by The Nature’s Bounty Co. who are expanding their portfolio of functional food with this acquisition. The Nature’s Bounty Co., which is a supplement manufacturer purchased the nutrition bar maker, The Best Bar Ever to further diversify its products in performance nutrition. The new association agreeably supplements the company’s existing nutrition and sports portfolio. Jan 2018 The U.S. FDA lately approved the BB-301 orphan drug rank gene therapy for the management of OPMD, of Benitec Biopharma. OPMD is initiated by an alteration of the poly(A)-binding protein nuclear 1 gene. The subsequent faulty protein can form insoluble aggregates related with muscle weakness. Benitec presented that a molecular biology approach known as DNA-directed RNA interference (ddRNAi) can be used to shut down and substitute the mutant PABPN1 protein. The method also concurrently constrains the mutated protein and makes a functional protein to substitute it with. Regional Analysis: In the industry for functional protein, the European market will carry on its control over the industry with an additional 35% market share and it is anticipated to touch more than 828 kilo tonnes with CAGR of 2.36 per cent by 2022. The APAC region will observe an advanced growth rate of 5.48 per cent throughout forecast period from 2016 to 2022. Moreover, the North American region will attain growth of 4.88 per cent in the functional protein market for the forecast period. The rising interest level towards sport nutrition and nutritional weight management in the European region is motivating the market growth. The altering lifestyles and growing cognizance about the benefits to health of functional protein in the Asia Pacific region are playing a key role in the sectors growth since the last few years. Page | 4 Copyright © 2017 Market Research Future.