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Middle East & Africa 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

Code: TIPRE00020952 | Pages: 111 | Industry: Food and Beverages | Date: Apr 2021
Covid

Market Introduction

The Middle East & Africa 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 Middle East & African 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 Middle East & African countries are shifting their preferences toward a healthy lifestyle and prefer products that offer health benefits. Middle East & Africa'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 in Middle East & Africa is estimated to fuel the demand for functional proteins. The rising prevalence of cardiovascular disease and high blood pressure among individuals in the Middle East & African region is considered one of the leading factors in market expansion.

Market Overview and Dynamics

The functional proteins market in Middle East & Africa is expected to grow from US$ 905.23 Mn in 2019 to US$ 1,421.40 Mn by 2027; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The Middle East & Africa 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 Middle East & Africa functional proteins market in 2019. In terms of source, the animal segment held a larger market share of the Middle East & Africa functional proteins market in 2019. In terms of form, the dry segment held a larger market share of the Middle East & Africa 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 Middle East & Africa 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 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 Middle East & Africa functional proteins market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Middle East & Africa functional proteins market
  • Efficiently plan M&A and partnership deals in Middle East & Africa 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 Middle East & Africa functional proteins market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Middle East & Africa region.


MIDDLE EAST & AFRICA 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

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Company Profiles

  • 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.           Middle East & Africa Functional Protein Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        MEA

4.3         Expert Opinion

5.           Functional Protein Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in the Instances of Chronic Diseases Coupled with Rising Consumers Awareness

5.1.2        Growing Consumption of Functional Food

5.2         Market Restraints

5.2.1        Regulations laid by the Government on Animal-Sourced Proteins

5.3         Market Opportunities

5.3.1        Increasing application of Functional Proteins in Dietary Supplements and Animal Nutrition

5.4         Future Trends

5.4.1        Advancement in the Consumption of Plant-Sourced Proteins Due to Growing Vegan Population

5.5         Impact Analysis of Drivers and Restraints

6.           Functional Protein – Middle East & Africa Market Analysis

6.1         Functional Protein Market Overview

6.2         Middle East & Africa Functional Protein Market –Revenue and Forecast to 2027 (US$ Million)

7.           Middle East & Africa 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.           Middle East & Africa 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.           Middle East & Africa 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.        Middle East & Africa 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.        Middle East & Africa Functional Proteins Market – Geographic Analysis

11.1      Overview

11.1.1     Middle East and Africa: Functional Proteins Market, by Key Country

11.1.1.1       South Africa: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

11.1.1.1.1       South Africa: Functional Proteins Market, by Type

11.1.1.1.2       South Africa: Functional Proteins Market, by Source

11.1.1.1.3       South Africa: Functional Proteins Market, by Form

11.1.1.1.4       South Africa: Functional Proteins Market, by Application

11.1.1.2       Saudi Arabia: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

11.1.1.2.1       Saudi Arabia: Functional Proteins Market, by Type

11.1.1.2.2       Saudi Arabia: Functional Proteins Market, by Source

11.1.1.2.3       Saudi Arabia: Functional Proteins Market, by Form

11.1.1.2.4       Saudi Arabia: Functional Proteins Market, by Application

11.1.1.3       UAE: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

11.1.1.3.1       UAE: Functional Proteins Market, by Type

11.1.1.3.2       UAE: Functional Proteins Market, by Source

11.1.1.3.3       UAE: Functional Proteins Market, by Form

11.1.1.3.4       UAE: Functional Proteins Market, by Application

11.1.1.4       Rest of MEA: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

11.1.1.4.1       Rest of MEA: Functional Proteins Market, by Type

11.1.1.4.2       Rest of MEA: Functional Proteins Market, by Source

11.1.1.4.3       Rest of MEA: Functional Proteins Market, by Form

11.1.1.4.4       Rest of MEA: Functional Proteins Market, by Application

12.        Impact of COVID-19 Pandemic Middle East & Africa Functional Proteins Market

12.1      Overview

12.2      Middle East and Africa: Impact Assessment of COVID-19 Pandemic

13.        Company Profiles

13.1      FrieslandCampina

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      Abbott Nutrition

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      Archer Daniels Midland Company

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

13.3.6     Key Developments

13.4      Arla Foods Ingredients Group

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      Cargill, Incorporated

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

13.6      Glanbia plc

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      DSM

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

13.7.6     Key Developments

13.8      Fonterra Co-operative Group Limited

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

13.8.6     Key Developments

13.9      Kerry

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

13.10   Saputo Inc.

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

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             Middle East & Africa Functional Protein Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             South Africa Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)

Table 3.             South Africa Functional Proteins Market, by Source– Revenue and Forecast to 2027 (US$ Mn)

Table 4.             South Africa Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)

Table 5.             South Africa Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)

Table 6.             Saudi Arabia Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)

Table 7.             Saudi Arabia Functional Proteins Market, by Source – Revenue and Forecast to 2027 (US$ Mn)

Table 8.             Saudi Arabia Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)

Table 9.             Saudi Arabia Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)

Table 10.          UAE Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)

Table 11.          UAE Functional Proteins Market, by Source – Revenue and Forecast to 2027 (US$ Mn)

Table 12.          UAE Functional Proteins Market, by Form – Revenue and Forecast to 2027 (US$ Mn)

Table 13.          UAE Functional Proteins Market, by Application – Revenue and Forecast to 2027 (US$ Mn)

Table 14.          Rest of MEA Functional Proteins Market, by Type– Revenue and Forecast to 2027 (US$ Mn)

Table 15.          Rest of MEA Functional Proteins Market, by Source – Revenue and Forecast to 2027 (US$ Mn)

Table 16.          Rest of MEA Functional Proteins Market, by Form

Table 17.          Rest of MEA Functional Proteins Market, by Application

Table 18.            List of Abbreviation

LIST OF FIGURES

Figure 1.           Functional Protein Market Segmentation

Figure 2.           Middle East & Africa Functional Protein Market Segmentation – By Country

Figure 3.           Middle East & Africa Functional Proteins Market Overview

Figure 4.           Animal Based Functional Protein Segment Growing at a Higher Rate During the Forecast Period

Figure 5.           UAE Held Largest Share of Middle East & Africa Functional Protein Market

Figure 6.           Middle East & Africa Functional Protein Market, Industry Landscape

Figure 7.           Functional Protein Market Impact Analysis of Driver and Restraints

Figure 8.           Middle East & Africa: 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.        Middle East and Africa: Functional Proteins Market Revenue Share, by Key Country (2019 and 2027)

Figure 26.        South Africa: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        Saudi Arabia: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        UAE: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 29.        Rest of MEA: Functional Proteins Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 30.           Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

  1. FrieslandCampina
  2. Abbott Nutrition
  3. Archer Daniels Midland Company
  4. Arla Foods Ingredients Group
  5. Cargill, Incorporated
  6. Glanbia plc
  7. DSM
  8. Fonterra Co-operative Group Limited
  9. Kerry
  10. Saputo Ingredients
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Functional Proteins market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa Functional Proteins market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa Functional Proteins market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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