Product Code: ETC4539385 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India functional proteins market import shipments depicted a robust growth trend with a notable CAGR from 2020-2024. The growth rate between 2023 and 2024 accelerated, indicating a strengthening market demand. Overall, the market expanded significantly, showcasing strong momentum and a positive growth trajectory.
The India functional proteins market is witnessing substantial growth as consumers are increasingly prioritizing health and wellness. Functional proteins, such as whey and soy proteins, have found applications in various food and beverage products due to their role in muscle development, weight management, and overall well-being. With a rising health-conscious middle-class population, manufacturers are introducing innovative protein-enriched products to cater to this growing demand. Furthermore, the COVID-19 pandemic has amplified the importance of immunity-boosting products, further boosting the functional protein market in India.
The India functional proteins market is on an upward trajectory, primarily driven by changing consumer preferences and growing health awareness. Functional proteins, such as whey and casein, offer various health benefits, including muscle growth, weight management, and improved immune function. The demand for functional proteins in sports nutrition, dietary supplements, and functional foods is steadily increasing as more individuals are adopting a healthier lifestyle. Additionally, the food and beverage industry is capitalizing on the trend of incorporating functional proteins into their products to cater to the health-conscious population. With research and development focusing on product innovation and enhanced applications, the market is set to continue its growth.
Challenges in the India functional proteins market include the need for extensive research and development to create innovative protein-based products that meet specific functional requirements. Regulatory compliance and labeling issues, along with consumer perception, also play a role in shaping the market. Meeting the demand for natural and clean label products while maintaining cost-effectiveness is another challenge.
The functional proteins market witnessed increased interest due to the demand for protein-rich and fortified products. Consumer awareness of health and wellness drove the market`s growth.
Key players in the India functional proteins market include Arla Foods, Glanbia, Kerry Group, and Archer Daniels Midland Company.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Functional Proteins Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Functional Proteins Market Revenues & Volume, 2021 & 2031F |
3.3 India Functional Proteins Market - Industry Life Cycle |
3.4 India Functional Proteins Market - Porter's Five Forces |
3.5 India Functional Proteins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Functional Proteins Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Functional Proteins Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 India Functional Proteins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness among consumers regarding the benefits of functional proteins |
4.2.2 Growing demand for sports nutrition and dietary supplements in India |
4.2.3 Rising disposable income leading to higher spending on health and wellness products |
4.3 Market Restraints |
4.3.1 High cost associated with functional proteins compared to traditional sources of protein |
4.3.2 Lack of awareness about the specific types and benefits of functional proteins among the general population |
4.3.3 Regulatory challenges and limited availability of specialized functional protein products in the market |
5 India Functional Proteins Market Trends |
6 India Functional Proteins Market, By Types |
6.1 India Functional Proteins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Functional Proteins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Functional Proteins Market Revenues & Volume, By Whey Protein Concentrates, 2021-2031F |
6.1.4 India Functional Proteins Market Revenues & Volume, By Isolates, 2021-2031F |
6.1.5 India Functional Proteins Market Revenues & Volume, By Hydrolysates, 2021-2031F |
6.1.6 India Functional Proteins Market Revenues & Volume, By Casein, 2021-2031F |
6.1.7 India Functional Proteins Market Revenues & Volume, By Soy Protein, 2021-2031F |
6.2 India Functional Proteins Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Functional Proteins Market Revenues & Volume, By Animal, 2021-2031F |
6.2.3 India Functional Proteins Market Revenues & Volume, By Plant, 2021-2031F |
6.3 India Functional Proteins Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Functional Proteins Market Revenues & Volume, By Dry, 2021-2031F |
6.3.3 India Functional Proteins Market Revenues & Volume, By Liquid, 2021-2031F |
7 India Functional Proteins Market Import-Export Trade Statistics |
7.1 India Functional Proteins Market Export to Major Countries |
7.2 India Functional Proteins Market Imports from Major Countries |
8 India Functional Proteins Market Key Performance Indicators |
8.1 Consumer awareness and perception of functional proteins through surveys and focus groups |
8.2 Adoption rate of functional proteins in different consumer segments |
8.3 Growth in demand for sports nutrition and dietary supplements containing functional proteins |
8.4 Number of new product launches and innovations in the functional proteins market |
8.5 Increase in partnerships and collaborations between manufacturers and distributors in the functional proteins industry |
9 India Functional Proteins Market - Opportunity Assessment |
9.1 India Functional Proteins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Functional Proteins Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Functional Proteins Market Opportunity Assessment, By Form, 2021 & 2031F |
10 India Functional Proteins Market - Competitive Landscape |
10.1 India Functional Proteins Market Revenue Share, By Companies, 2024 |
10.2 India Functional Proteins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |