Global Functional Protein Market Size & Outlook, 2023-2030

The global functional protein market size was estimated at USD 6,526.6 million in 2023 and is projected to reach USD 9,480.2 million by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Revenue, 2023 (US$M)
$6,526.6
Forecast, 2030 (US$M)
$9,480.2
CAGR, 2024 - 2030
5.5%
Report Coverage
Worldwide

Global functional protein market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Global functional protein market highlights

  • The global functional protein market generated a revenue of USD 6,526.6 million in 2023 and is expected to reach USD 9,480.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
  • In terms of segment, hydrolysates accounted for a revenue of USD 6,526.6 million in 2023.
  • Hydrolysates is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 6,526.6 million
Market revenue in 2030USD 9,480.2 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentHydrolysates
Fastest growing segmentHydrolysates
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHydrolysates

Other key industry trends

  • In terms of revenue, the North America accounted for 26.3% of the global functional protein market in 2023.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Functional Protein Market Companies

Name Profile # Employees HQ Website
FrieslandCampina View profile 10001+ Amersfoort, Utrecht, The Netherlands, Europe https://www.frieslandcampina.com
Fonterra Co-operative Group View profile 10001+ Auckland, Auckland, New Zealand, Oceania http://fonterra.com
Arla Foods View profile 10001+ Viby, Skane Lan, Sweden, Europe http://www.arla.com
Kerry Group PLC Class A View profile 21000 Prince's Street, Tralee, Kerry, Ireland, V92 EH11 https://www.kerry.com
Saputo Inc View profile 19200 6869 Metropolitain Boulevard East, St-Leonard, Montreal, QC, Canada, H1P 1X8 https://www.saputo.com
Glanbia PLC View profile 5534 Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 https://www.glanbia.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com

Global functional protein market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to functional protein market will help companies and investors design strategic landscapes.


Hydrolysates was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global functional protein market based on hydrolysates covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Functional Protein Product Outlook (Revenue, USD Million, 2018-2030)
    • Others
    • Casein & Caseinates
    • Soy Protein
    • Hydrolysates
    • Whey Protein Concentrates
    • Whey Protein Isolates
  • Global Functional Protein Source Outlook (Revenue, USD Million, 2018-2030)
    • Animal Based
    • Plant Based
  • Global Functional Protein Form Outlook (Revenue, USD Million, 2018-2030)
    • Dry
    • Liquid
  • Global Functional Protein Application Outlook (Revenue, USD Million, 2018-2030)
    • Functional Beverages
    • Functional Foods
    • Dietary Supplements
    • Animal Nutrition

Reasons to subscribe to Global functional protein market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global functional protein market databook

  • Our clientele includes a mix of functional protein market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global functional protein market , including forecasts for subscribers. This global databook contains high-level insights into Global functional protein market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global functional protein market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online