North America Functional Proteins Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Hydrolysates, Concentrates, and Isolates), Source (Plant and Animal), Form (Dry and Liquid), Application (Functional Foods, Functional Beverages, Dietary Supplements, Animal Nutrition, and Others), and Country
Market Introduction
The North America functional proteins market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The North American region constitutes developed economies such as the U.S., Canada, and Mexico as a developing nation. The companies are continuously improving the overall business processes to meet the customers' demand for superior quality products and services in the best possible way. Consumers in North American countries are shifting their preferences toward a healthy lifestyle and prefer products that offer health benefits. North America's functional proteins manufacturing companies are also continuously enhancing their product portfolio to meet the customers' demand. Moreover, rising awareness regarding the benefits associated with functional proteins among health-conscious consumers in the countries such as the U.S and Canada in North America is estimated to fuel the demand for functional proteins. The rising prevalence of cardiovascular disease and high blood pressure among individuals in the North American region is considered one of the leading factors in market expansion.
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Market Overview and Dynamics
The functional proteins market in North America is expected to grow from US$ 2,503.61 Mn in 2019 to US$ 4,548.47 Mn by 2027; it is estimated to grow at a CAGR of 7.9% from 2020 to 2027. The North America functional proteins market comprises numerous players across the ecosystem with high market fragmentation. Functional proteins are a complex mixture of biologically active proteins, which supports and maintains normal immune function. Proteins plays various crucial functions in the body and are required for the structure, function, and regulation of the body’s tissues and organs. The awareness among the consumers regarding the benefits offered by functional proteins is contributing significantly to the market growth. A large number of consumers are becoming familiar with the benefits of functional proteins. Increasing disposable income of the consumers in emerging economies of regions, contributes to the market growth. Consumers in these regions are increasingly spending on healthy foods due to the rising disposable income and improving lifestyles. In addition to this, key players in the market are developing various strategies to expand the awareness regarding the health benefits associated with functional protein enriched diets, which has widely and positively influenced the sales of functional protein in the developing regions.
Key Market Segments
In terms of type, the isolates segment accounted for the largest share of the North America functional proteins market in 2019. In terms of source, the animal segment held a larger market share of the North America functional proteins market in 2019. In terms of form, the dry segment held a larger market share of the North America functional proteins market in 2019. Further, the dietary supplements segment held a larger share of the market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America Functional proteins market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AMCO Proteins, APC INC, FrieslandCampina, Abbott Nutrition, Archer Daniels Midland Company, Arla Foods Ingredients Group, Cargill, Incorporated, Glanbia plc, DSM, Fonterra Co-operative Group Limited, Kerry, and Saputo Ingredients.
Reasons to buy report
- To understand the North America functional proteins market landscape and identify market segments that are most likely to guarantee a strong return
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- Efficiently plan M&A and partnership deals in North America functional proteins market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America functional proteins market
- Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.
NORTH AMERICA FUNCTIONAL PROTEINS MARKET SEGMENTATION
By Type
- Hydrolysates
- Concentrates
- Isolates
By Source
- Plant
- Animal
By Form
- Dry
- Liquid
By Application
- Functional Food
- Functional Beverages
- Dietary Supplements
- Animal Nutrition
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- AMCO Proteins
- APC INC.
- FrieslandCampina
- Abbott Nutrition
- Archer Daniels Midland Company,
- Arla Foods Ingredients Group
- Cargill, Incorporated
- Glanbia plc
- DSM
- Fonterra Co-operative Group Limited
- Kerry
- Saputo Ingredients
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Functional Protein Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
5. Functional Protein Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Instances of Chronic Diseases Coupled with Rising Consumers Awareness
5.1.2 An upsurge in Consumption of Functional Food
5.2 Market Restraints
5.2.1 Regulations regarding Animal-Sourced Proteins
5.3 Market Opportunities
5.3.1 Rising usage of Functional Proteins in Dietary Supplements and Animal Nutrition
5.4 Future Trends
5.4.1 Increase in the Consumption of Plant-Sourced Proteins Due to Growing Vegan Population
5.5 Impact Analysis of Drivers and Restraints
6. Functional Protein – North America Market Analysis
6.1 Functional Protein Market Overview
6.2 North America Functional Protein Market –Revenue and Forecast to 2027 (US$ Million)
7. North America Functional Protein Market Analysis – By Type
7.1 Overview
7.2 Functional Protein Market, By Type (2019 and 2027)
7.3 Hydrolysates,
7.3.1 Overview
7.3.2 Hydrolysates: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Concentrates
7.4.1 Overview
7.4.2 Concentrates: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
7.5 Isolates
7.5.1 Overview
7.5.2 Isolates: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
8. North America Functional Protein Market Analysis – By Source
8.1 Overview
8.2 Functional Protein Market, By Source (2019 and 2027)
8.3 Plant
8.3.1 Overview
8.3.2 Plant: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Animal
8.4.1 Overview
8.4.2 Animal: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
9. North America Functional Protein Market Analysis – By Form
9.1 Overview
9.2 Functional Protein Market, By Form (2019 and 2027)
9.3 Dry
9.3.1 Overview
9.3.2 Dry: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
9.4 Liquid
9.4.1 Overview
9.4.2 Liquid: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
10. North America Functional Protein Market Analysis – By Application
10.1 Overview
10.2 Functional Protein Market, By Application (2019 and 2027)
10.3 Functional Foods
10.3.1 Overview
10.3.2 Functional Foods: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
10.4 Functional Beverages
10.4.1 Overview
10.4.2 Functional Beverages: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
10.5 Dietary Supplements
10.5.1 Dietary Supplements: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
10.6 Animal Nutrition
10.6.1 Animal Nutrition: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
10.7 Others
10.7.1 Others: Functional Protein Market – Revenue and Forecast to 2027 (US$ Mn)
11. North America Functional Proteins Market – Geographic Analysis
11.1 Overview
11.1.1 North America: Functional Proteins Market –Revenue and Forecast to 2027(US$ Mn)
11.1.2 North America: Functional Proteins Market, by Key Country
11.1.2.1 United States: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.2.1.1 United States: Functional Proteins Market, by Type
11.1.2.1.2 United States: Functional Proteins Market, by Source
11.1.2.1.3 United States: Functional Proteins Market, by Form
11.1.2.1.4 United States: Functional Proteins Market, by Application
11.1.2.2 Canada: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.2.2.1 Canada: Functional Proteins Market, by Type
11.1.2.2.2 Canada: Functional Proteins Market, by Source
11.1.2.2.3 Canada: Functional Proteins Market, by Form
11.1.2.2.4 Canada: Functional Proteins Market, by Application
11.1.2.3 Mexico: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.2.3.1 Mexico: Functional Proteins Market, by Type
11.1.2.3.2 Mexico: Functional Proteins Market, by Source
11.1.2.3.3 Mexico: Functional Proteins Market, by Form
11.1.2.3.4 Mexico: Functional Proteins Market, by Application
12. Impact of COVID-19 Pandemic North America Functional Proteins Market
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
13. Company Profiles
13.1 AMCO Proteins
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 APC INC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 FrieslandCampina
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 Abbott Nutrition
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.5 Archer Daniels Midland Company
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Arla Foods Ingredients Group
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.7 Cargill, Incorporated
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.8 Glanbia plc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.9 DSM
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Fonterra Co-operative Group Limited
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Kerry
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.12 Saputo Inc.
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Functional Protein Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. United States Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)
Table 3. United States Functional Proteins Market, by Source– Revenue and Forecast to 2027 (US$ Mn)
Table 4. United States Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)
Table 5. United States Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 6. Canada Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)
Table 7. Canada Functional Proteins Market, by Source – Revenue and Forecast to 2027 (US$ Mn)
Table 8. Canada Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)
Table 9. Canada Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 10. Mexico Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)
Table 11. Mexico Functional Proteins Market, by Source – Revenue and Forecast to 2027 (US$ Mn)
Table 12. Mexico Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)
Table 13. Mexico Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Functional Protein Market Segmentation
Figure 2. North America Functional Protein Market Segmentation – By Country
Figure 3. North America Functional Proteins Market Overview
Figure 4. Animal Based Functional Protein Segment Growing at a Higher Rate During the Forecast Period
Figure 5. US Held Largest Share of North America Functional Protein Market
Figure 6. North America Functional Protein Market, Industry Landscape
Figure 7. Functional Protein Market Impact Analysis of Driver and Restraints
Figure 8. North America: Functional Protein Market – Revenue and Forecast to 2027 (US$ Million)
Figure 9. Functional Protein Market Revenue Share, By Type (2019 and 2027)
Figure 10. Hydrolysates: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 11. Concentrates: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 12. Isolates: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 13. Functional Protein Market Revenue Share, By Source (2019 and 2027)
Figure 14. Plant: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 15. Animal: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 16. Functional Protein Market Revenue Share, By Form (2019 and 2027)
Figure 17. Dry: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 18. Liquid: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 19. Functional Protein Market Revenue Share, By Application (2019 and 2027)
Figure 20. Functional Foods: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 21. Functional Beverages: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 22. Dietary Supplements: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 23. Animal Nutrition: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 24. Others: Functional Protein Market – Revenue and Forecast To 2027 (US$ Mn)
Figure 25. North America: Functional Proteins Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 26. North America: Functional Proteins Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. United States: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 28. Canada: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Mexico: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Impact of COVID-19 Pandemic in North American Country Markets
- AMCO Proteins
- APC INC
- FrieslandCampina
- Abbott Nutrition
- Archer Daniels Midland Company
- Arla Foods Ingredients Group
- Cargill, Incorporated
- Glanbia plc
- DSM
- Fonterra Co-operative Group Limited
- Kerry
- Saputo Ingredients
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Functional Proteins market.
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