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
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.
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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
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- 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
- FrieslandCampina
- Abbott Nutrition
- Archer Daniels Midland Company
- Arla Foods Ingredients Group
- Cargill, Incorporated
- Glanbia plc
- DSM
- Fonterra Co-operative Group Limited
- Kerry
- Saputo Ingredients
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