Global Protein Hydrolysates Market – Size, Share, Growth, Trends, Demand, Analysis and Forecast to 2024

Protein Hydrolysates Market

Protein hydrolysates are extensively recognized ingredients in food & beverage applications due to their functional properties. It is extensively consumed by food processors to make their food products extra nutritious.

Intensifying demand for protein hydrolysates for infant nutrition products and mounting demand for high protein food are the major factors driving the growth of the protein hydrolysates market. Different types supported the protein hydrolysates market size. The market has witnessed high command for milk protein hydrolysates in the coming years due to its vast applications such as clinical nutrition, infant formula, and weight management, and its multi-functional properties.

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On the basis of the type, the market is subdivided into milk protein hydrolysates, marine protein hydrolysates, plant protein hydrolysates, meat, egg protein hydrolysates, yeast protein hydrolysates, and animal protein hydrolysates. Among all types, the milk protein hydrolysates segment accounted the largest share in the market due to its vast applications such as clinical nutrition, infant formula, weight management, and food and beverage industry, and its multi-functional properties.

The plant protein hydrolysates are further subdivided into wheat, soy, and others. The marine protein hydrolysates are further subdivided into algae and fish. Moreover, the milk protein hydrolysates are further segmented into casein and whey. In addition, the meat segment is further subdivided into swine, poultry, and bovine.

On the basis of application, the market is subdivided into infant nutrition, animal feed, clinical nutrition, and weight management. Among all applications, infant nutrition application accounted the largest share in the market, due to easy to digest, mounting apprehensions about milk allergy/lactose intolerance in infants, and helps to build tissue structure. In addition, weight management application is expected to grow at the fastest rate in the market due to its benefits such as easy digestibility, and the demand for protein hydrolysates is expressively mounting in weight management products.

Escalating demand of nutrition based products, mounting demand of high protein food, intensifying demand for protein hydrolysates for infant nutrition products, speedily budding health & fitness and sports nutrition markets, protein insufficiency among the population, consumer alertness about the advantages of a healthy diet, and surge in need for feed are the primary growth drivers for protein hydrolysates market.

Mounting disposable income, minimization of production cost, escalating popularity of infant food, and surge in demand for organic food ingredients are also facilitating the growth for the protein hydrolysates market.

Globally, the manufacturing companies trying to enter the protein hydrolysates market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players.

Geographically, North America is the largest protein hydrolysates market as in the region demand for nutrition based products is increasing. Consumer inclinations toward finest food ingredients and health food, and surge in demand for organic food ingredients have boosted the demand for protein hydrolysates market in the North American region.

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Asia-Pacific is observed to witness the fastest growth in the market, due to mounting demand for nutritious food & beverage products. In addition, improving disposable income, rapid urbanization, large population base, and escalating popularity of infant food are also creating a positive impact on the protein hydrolysates market growth in the region.

Key players in the protein hydrolysates market are catering the demand by investing in new product launches in their product portfolio across the globe. In November 2017, FrieslandCampina DMV launched Nutri Whey Hydro, to strengthen its dairy protein portfolio. Abbott Laboratories, FrieslandCampina DMV, Glanbia PLC, Koninklijke DSM N.V., Amco Proteins, Tate & Lyle PLC, Kerry Group PLC, Arla Foods, Archer Daniels Midland Company, Danone Nutricia, Hilmar Ingredients, and Roquette are the key players offering protein hydrolysates.

Source: VynZ Research

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