Functional Protein Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2021–2032
The global functional protein market size was USD 7.30 Billion in 2022 and is expected to register a rapid revenue CAGR of 14.5% during the forecast period. Rising prevalence of chronic diseases, particularly cancer, Cardiovascular Disease (CVD), Gastrointestinal (GI) tract disorders, and neurological diseases is a key factor driving market revenue growth. According to World Health Organization (WHO), 41 million people every year due to chronic diseases, globally. Cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional protein serves an important part in sustaining a healthy lifestyle and lowering disease risk factors. Functional proteins are biologically active proteins that aid in the maintenance and enhancement of proper immunological function. These protein...