Global Bioactive Protein Market 2017-2021
About Bioactive Protein
Bioactive proteins are protein fragments that impact the physiological and functional activities of the body. These proteins are anti-oxidative, anti-hypersensitive, anti-microbial, and anti-thrombotic. The global bioactive protein market is a key segment of the global dietary supplement market. Dietary supplements complement the normal diet. They enhance digestive health, bone health, cardiovascular health, immune function, blood pressure, and help in weight loss. Bioactive proteins have an extensive range of functional, nutritional, and biological functions. The most important roles of bioactive proteins are to increase the nutritional value and enhance bioactivity. Bioactive proteins are widely accountable for numerous biological and physiological functions. Bioactive proteins are anti-oxidative, anti-hypersensitive, anti-microbial, and anti-thrombotic. These proteins are derived from both animal and plant sources. Some of the animal-sourced proteins are egg protein, whey protein, casein, gelatin, and milk protein concentrate (MPC).
Technavio’s analysts forecast the global bioactive protein market to grow at a CAGR of 7.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global bioactive protein market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sale of bioactive protein products in key geographic regions such as North America, Europe, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA).
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Bioactive Protein Market 2017-2021
Technavio recognizes the following companies as the key players in the global bioactive protein market: Archer Daniels Midland, Cargill, KERRY GROUP, Royal DSM, and Sigma-Aldrich.
Other Prominent Vendors in the market are: CHS, DowDuPont, Omega Protein, Medicago, and MYOS RENS Technology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in preference for soy proteins. The increasing consumer preference for soy proteins is one of the leading trends in the global bioactive protein market. Soy proteins are widely preferred as a food ingredient and additive in various food products as they possess several functional properties and health benefits. They contain essential amino acids, fats, fiber, calcium, potassium, and vitamins and help maintain acceptable cholesterol levels.”
According to the report, one of the major drivers for this market is Growing adoption of functional foods and beverages. Functional foods and beverages provide additional health benefits apart from the basic nutrition. Nowadays, convenience and functional food products have become an integral part of our diet; therefore, their demand is increasing. Bioactive proteins are the widely-known compounds used in the manufacturing of food and beverage products. The rising awareness of consumers about the advantages of natural food products is driving the growth of the global bioactive protein market. Furthermore, processed food or convenience food is commercially prepared food that can be consumed directly. This category includes packaged food or meals, canned foods, frozen foods, preserved foods, and instant food products. Such food is easy to consume, saves time, and has convenient packaging. With technological developments in the packaging industry, the range of convenience food has also expanded from chilled, frozen, and shelf-stable to microwaveable foods and prepared mixes.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuating price of soybean. The growing demand for bioactive protein has led to a tight supply of raw materials such as soybean, which has influenced the procurement cost. Soybean production is highly volatile and extensively influenced by factors such as consumption structure, climatic conditions, the structure of supply and demand, and the degree of household consumption.
Archer Daniels Midland, Cargill, KERRY GROUP, Royal DSM, and Sigma-Aldrich, CHS, DowDuPont, Omega Protein, Medicago, and MYOS RENS Technology.
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