2023 Global and China Market Survey Report on Functional Protein Powder

2023 Global Market Functional Protein Powder Overview Report by Overall Size, Major Manufacturers, Key Regions, Products, and Applications

Summary

By revenue, global functional protein powder revenue in 2022 was approximately $817 million, and it is expected to reach $1,386.4 million by 2029, with a compound annual growth rate (CAGR) of 7.8% from 2023 to 2029. At the same time, global functional protein powder sales volume in 2022 was approximately , and it is expected to reach  by 2029. The market size in China in 2022 was about  million USD, accounting for about % of the global market, while North America and Europe accounted for % and %, respectively. In the coming years, China’s CAGR will be %, while the US and Europe’s CAGR will be % and %, respectively. The Asia-Pacific region will play a more significant role, and apart from China, the US, and Europe, Japan, South Korea, India, and Southeast Asia remain important markets not to be ignored.

Sports nutrition functional foods and dietary supplements are becoming increasingly popular among professionals, which is expected to boost the consumption of functional protein powders. In addition, the demand for medical nutrition in some developed countries has significantly increased to maintain the nutrition levels of pregnant women and infants, which is expected to have a considerable impact on the functional protein powder market.

This report studies global sales, revenue, and other key metrics of functional protein powders in major regions and countries. It also focuses on analyzing the competitive landscape of major global manufacturers (brands), including sales volume, prices, revenue, and market share of functional protein powders.

For the past five years (2018–2022), the report analyzes the global functional protein powder market’s overall size, main regional sizes, major players’ sizes and shares, main product category sizes, and key downstream applications. The analysis includes sales volume, price, revenue, and market share. Looking at the forecast for the coming years, this report predicts the development of functional protein powders by 2029, including sales and revenue forecasts globally and by major regions, forecasts of sales and revenue by product categories, and forecasts of sales and revenue of functional protein powders for major applications. (Article reproduced from Jiale Shangbo)