Press release
Protein Hydrolysates Market to Hit $5.23 Billion by 2031, Driven by Growing Demand for Functional Foods and Sports Nutrition.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Protein Hydrolysates Market - (By Product Type (Milk, Meats, Marine, Plant, Egg, & Yeast), By Application (Infant Nutrition, Clinical Nutrition, Weight Management, Sports Nutrition, Dietary Supplements, Animal Feed, Food & Beverage) By Source (Animals, Plants, Microbial), By Process (Acid/Alkaline Hydrolysis & Enzymatic Hydrolysis), By Form (Liquid & Dry)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Protein Hydrolysates Market is valued at US$ 3.34 Bn in 2023, and it is expected to reach US$ 5.23 Bn by 2031, with a CAGR of 5.9% during the forecast period of 2024-2031.
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Protein hydrolysates are the purest form of proteins left behind when hydrolysis processes partially or completely crush the proteins. Protein hydrolysates are becoming increasingly attractive for various uses because of their adaptability. A perfect fit for the food and drink sector, these protein fragments have been chemically or enzymatically modified to increase bioavailability and improve solubility. Protein hydrolysates are utilized in the food industry to meet the increasing demand for functional and health-oriented products and improve tastes, textures, and nutritional profiles.
Healthcare service providers have their jobs in energy management cut out for them. As more and more people get into fitness and sports, the sports nutrition business has seen a dramatic increase in the demand for hydrolysates and protein supplements. A rising number of individuals are realizing the importance of a healthy diet for peak performance and speedy recovery from workouts. Protein hydrolysates are popular among athletes and fitness enthusiasts who want to recover quickly after exercising since they are easy to digest and provide rapid protein absorption. However, the comparatively low prices of other forms, such as concentrates and isolates, would likely break the market's growth.
List of Prominent Players in the Protein Hydrolysates Market:
• Cargill, Incorporated (US)
• ADM (US)
• Tatua (New Zealand)
• Azelis Group (Belgium)
• Armor Protéines (US)
• FrieslandCampina (Netherlands)
• Arla Foods amba (Denmark)
• Hofseth BioCare ASA (Norway)
• Kerry Group PLC (Ireland)
• Glanbia plc (Ireland)
• Krishna Enzytech Pvt Ltd (India)
• Titan Biotech (India)
• Fonterra Co-operative Group Limited (New Zealand)
• Carbery Group (Ireland)
• Roquette Frères (France)
• APC - Watch Them Thrive (US)
• Kemin Industries, Inc. (US)
• A. Costantino & C. spa (Italy)
• AMCO Proteins (US)
• Ingredia (France)
• Axiom Foods, Inc (US)
• Hilmar Cheese Company, Inc (US)
• CRESCENT BIOTECH. (India)
• Chaitanya Agro Biotech Pvt. Ltd. (India)
• Kavya Pharma (India)
Market Dynamics:
Drivers-
The growing demand for the protein hydrolysates market is fueled due to the rising demand for infant formula in different countries. Formulas containing protein hydrolysate are preferred over cow's milk formula because infants digest protein hydrolysates more easily than milk-based products, which is likely to drive growth in the worldwide protein hydrolysates market. The increasing demand for functional and nutritional meals driven by health-conscious customers is driving the worldwide protein hydrolysates market to new heights of growth.
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Challenges:
The prime challenge is expensive prices, a shortage of competent individuals, and a lack of norms and protocol because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of the protein hydrolysates market. The protein hydrolysates sector faces a significant challenge due to the high production costs affecting several parts of the production process. Using specialized procedures in the production process, including enzymatic hydrolysis, increases production costs because they require specific equipment and enzymes. Testing, monitoring, and compliance with industry standards are all part of the rigorous quality control procedures needed to ensure constant quality of protein hydrolysates, which in turn increases the total cost. The global manufacturing shutdown caused havoc with production, delivery, and sales of critical and non-essential goods. A scarcity of personnel and raw supplies made the COVID-19 epidemic much worse, forcing businesses worldwide to halt all operations and procedures.
Regional Trends:
The North American protein hydrolysates market is anticipated to register a major market share in revenue. It is projected to grow at a high CAGR in the near future because consumers are able to increase their spending on products and services, which in turn raises people's level of living. The growing number of cities and towns in the area, along with improvements in healthcare, are laying the groundwork for the market to flourish. Besides, Europe had a substantial market share because there was a high need for protein solutions synthesized from plants. Rising animal rights awareness in Europe is fueling a trend toward plant-based diets, which in turn is increasing demand for plant-derived protein hydrolysates.
Recent Developments:
• In October 2023, Hilmar Cheese Company, Inc.'s new product is aimed squarely at the healthy living and sports nutrition markets. An outstanding hydrolyzed whey protein isolate, Hilmar PROtelyze Extend is made specifically for nutrition bars. After prolonged storage, the protein content is amplified, and the texture maintains its superb quality.
• In September 2023, ADM announced an agreement to buy PT Trouw Nutrition Indonesia, a leading producer of functional and nutritional solutions for livestock production in Indonesia. PT Trouw Nutrition Indonesia is a subsidiary of Nutreco.
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Segmentation of Protein Hydrolysates Market-
By Product Type -
• Milk
• Meats
• Marine
• Plant
• Egg
• Yeast
By Application
• Infant Nutrition
• Clinical Nutrition
• Weight Management
• Sports Nutrition
• Dietary Supplements
• Animal Feed
• Food & Beverage
By Source
• Animals
• Plants
• Microbial
By Process
• Acid/Alkaline Hydrolysis
• Enzymatic Hydrolysis
By Form
• Liquid
• Dry
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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