Protein Hydrolysate Ingredients Market

Protein Hydrolysate Ingredients Market Size Analysis

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.

Market Dynamic

RISING AWARENESS FOR PROTEIN DIET FOR DEVELOPING HEALTH & IMMUNITY

Growing awareness of the importance of increasing immunity to diseases such as flu and disease outbreaks, increasing health awareness, and rising disposable income drive global protein hydrolysates market growth.

Protein hydrolysate is a supplement that consists of protein, monosaccharides, and other nutrients such as inositol, polypeptides, and vitamins. It is considered to be one of the ideal sources of protein.

HIGH SELLING PRICES WILL  HAMPER THE MARKET GROWTH

Protein hydrolysates have a large potential for usage as a source of protein for human consumption. Still, their production processes involve dehydration, which demands a high energy supply and, as a result, is quite expensive. This presents the market with its greatest difficulty. Due to the high price of industrial enzymes, another procedure called enzymatic hydrolysis is similarly costly. Additionally, the complexity of the process to obtain hydrolysates of specific molecular masses and the need for additional treatment to deactivate the enzymatic hydrolysis are increasing this expense. Additionally, this raises the price of finished goods and causes a surge in less expensive fake food products, negatively influencing the market.

THE RISE IN DEMAND FOR BOVINE COLLAGEN PEPTIDES WILL CREATE MORE OPPORTUNITIES FOR THE MARKET

In the upcoming years, Bovine collagen peptides will be a major source of dietary protein and have been adopted in various applications such as food, beverages, sports nutrition, and high-protein foods. The rising demand for collagen peptides mainly stems from factors such as dietary supplements or health enhancement products, which provide various health benefits like improved bone health and joint relief.

COVID-19 Impact

The COVID-19 pandemic has significantly impacted the global protein hydrolysates market. However, rising awareness about protein diet due to the spread of COVID-19 to boost immunity and surge in plant-based and animal-based protein hydrolysates in the sports industry is expected to foster the market. In addition, these products offer many benefits, such as easy digestibility for infant nutrition, which will influence the protein hydrolysates market’s growth post-crisis. The market value might not catch up to the pre-COVID-19 value until 2027.

Market 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)

Segment-Wise Analysis

Why is Milk projected to ensure the most revenue during the forecast period?

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. Milk protein hydrolysates are used to substitute native proteins in infant and adult foods and beverages due to their decreased allergenicity.

Why is the infant nutrition segment expected to expand the fastest during the forecast period?

In 2021, 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.

The growth in this industry is primarily because a protein deficiency can lead to malnutrition. Over time, infants deprived of nutrients could develop problems such as eczema, tooth decay, and type 2 diabetes in later adulthood. Infant nutrition is also important because of the proteins needed to build bones and teeth. It keeps a steady supply of amino acids necessary for growth.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• In 2021, 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.
• The protein ingredients market in Asia-Pacific is expected to witness significant growth during the forecast period. The rise in the demand for animal and plant proteins is expected to propel this market. India and China are the two largest markets in Asia-Pacific and account for a large share of the global market.

Competition Analysis

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies players in the Protein Hydrolysates market adopt. Intensive research on new products in 2022 on means of production created new market opportunities and removed barriers to marketing and sales.

Some of the key developments that have taken place in the Protein Hydrolysate Ingredients Market include:

• In 2020, Hydrolysates of proteins The top ten competitors in the industry divided up the market share.
• In May 2020, A joint venture between Marfrig and ADM called Plantplus Foods would offer plant-based products to customers in North and South America. ADM, including its new pea protein facility in North Dakota, plans to contribute all of its technological know-how to create a system that blends components, smells, and a plant base from the protein complex.

A list of some of the key suppliers present in the market are:

• Archer Daniels Midland Company
• DuPont
• Rousselot
• Fonterra
• BurconNutraScience
• Kewpie Corporation
• Tessenderlo Group
• Roquette Freres
• The Scoular Company
• CHS Inc.

Report Coverage and Highlights

• 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.