Protein Hydrolysate Ingredients Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Protein Hydrolysate Ingredients Market grew at a CAGR of 4.2% between 2017-2021 and is estimated to be US$ 2,654.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.7% and is expected to reach a valuation of US$ 4,201.6 Mn by 2032 end.
The general increase in health consciousness among people worldwide is generating a promising future for the industry. Regular protein intake aids in the development of muscle cells, the repair of damaged tissues, and the creation of new cells.
ChemView Consulting has analyzed that the Global protein hydrolysate ingredients market is driven by the rising aging demographic and their concerns about a balanced diet. With the increasing incidence of lactose intolerance in infants and other gastrointestinal problems caused by the consumption of cow milk-based infant formula, concerned parents have been shifting toward better alternatives in recent years.
This factor has substantially impacted the growth of the protein hydrolysate ingredients market, backed further by the rising aging demographic and their concerns about a balanced diet.
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Segments Covered in Report
By Product Type:
- Animal Protein Hydrolysates
- Yeast Protein Hydrolysates
- Plant Protein Hydrolysates.
By Source :
- Animals
- Plants
By Process:
- Acid & Alkaline Hydrolysis
- Enzymatic Hydrolysis.
By Form:
- Powder
By Application:
- Infant Nutrition
- Sports Nutrition
- Clinical Nutrition
- Dietary Supplements
- Animal Feed.
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Protein Hydrolysate Ingredients Market
- Based on the Source, At 40.0% of the market, Milk had the greatest revenue share. The milk segment of the animal protein hydrolysates held the largest share in the market owing to its multifunctional characteristic and importance in application in sports, nutraceutical, and infant nutrition over other hydrolysates.
- Based on the application, One of the infant nutrition market’s major challenges is the low protein intake in this segment. The growing use of hydrolysates, protein hydrolysis processes, and benefits include better digestion, increased caloric intake, and increased solubility in milk formula.
- Based on Region, the North American market held a sizeable revenue share of 34.1%. The high cost of production leads to increased production costs for the final products, which the consumer bears. As the purchasing power of consumers is high, there is increased acceptance of the product in developed countries. The increasing research & development by key players in this Region and accommodative policies are helping to grow the market.
Competition Summary
Key companies covered in the market study are Archer Daniels Midland Company, DuPont, Rousselot, Fonterra, BurconNutraScience, Kewpie Corporation, Tessenderlo Group, Roquette Freres, The Scoular Company, CHS Inc.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
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