Protein Hydrolysate Ingredients Market to record 6.6% CAGR over the forecast period 2016-2024
With respect to their forecast report, Future Market Insights predicts that the global market for protein hydrolysate ingredients, which is presently valued at an estimated US$ 3.1 billion, will expand at a robust CAGR of 6.2% to reach US$ 5.1 billion revenues by 2024-end.
Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1062
Outright Preference to Milk Protein Hydrolysates
In 2016, nearly 85% of the global protein hydrolysate ingredients revenues were accounted by milk ingredients, attesting the fact that more consumers in the world prefer consuming protein hydrolysates in the form of casein, whey or other milk ingredients. The demand for meat-based protein hydrolysate ingredients will remain lower owing to a comparatively sluggish assimilation of proteins after consuming products derived from such ingredients. Meanwhile, global revenues raked in from sales of whey protein hydrolysate ingredients will be expanding at the highest CAGR of 6.7%, reaching nearly US$ 3 billion market value by the end of 2024. Over the forecast period, approximately 36,000 MT of casein protein hydrolysate ingredients will be consumed globally.
Higher Demand for Powdered Protein Hydrolysates
Over two-third of the global protein hydrolysate ingredients market value, estimated in 2016, was accounted by sales of powder products. The demand for powder products will remain high throughout the forecast period on the grounds of soaring consumption of nutrient powders, powdered baby food products and powdered fitness supplement products across the globe. However, liquid products containing protein hydrolysate ingredients will witness an impressive growth in revenues, registering a 6.3% CAGR by 2024. And, global consumption of protein hydrolysate ingredients in the form of nutrient bars will account for sales of nearly 17,000 MT during the projected period.
Infant Formula – Lucrative Application for Protein Hydrolysate Ingredients
Over the next decade, the application of protein hydrolysates is likely to foray into the intricate biotechnology industry as several studies of hydrolysates are rendering them as a supplement for cell culture and tissue cultivation. But, production of infant formulas will remain the key application of protein hydrolysate ingredients through 2024. Reaching an estimated US$ 3.5 billion market value by 2024-end, infant formulas will outpace the sports & slimming food segment at a substantial rate. In fact, the use of protein hydrolysate ingredients in production of clinical nutrition products will amass revenues that will be much higher than those harvested through sports and slimming food applications, during the forecast period.
According to the report, titled “Protein Hydrolysate Ingredients Market: Global Industry Analysis & Opportunity Assessment, 2016-2024,” Future Market Insights estimates that North America and Europe will collectively dominate the global protein hydrolysate ingredients market by procuring more than 60% revenue share by 2024. Leading European dairy product manufacturers such as Armor Proteines (France), Glanbia Ingredients (Ireland), Carbery Group Limited (Ireland), and Arla Foods Ingredients Group (Denmark) are observed as some of the key players in the global protein hydrolysate ingredients market.
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1062
North America’s protein hydrolysate ingredients market is expected to attain robust growth on the account of presence of prominent protein hydrolysate manufacturers such as Abbot Laboratories, PGP International, Groupe Danone, Davisco Foods International, Inc., Kerry Group, and the Hilmar Cheese Company. The protein hydrolysate ingredients market in Asia-Pacific (APAC) region, on the other hand, will incur fastest growth in terms of revenues and exhibit expansion at 7.7% CAGR over the forecast period.
About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
Future Market Insights
616 Corporate Way,
New York 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Protein Hydrolysate Ingredients Market to record 6.6% CAGR over the forecast period 2016-2024 here
News-ID: 455717 • Views: 158
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Protein
High Protein Yogurt Market
High Protein Yogurt: Market Outlook Proteins are certain macromolecules or biomolecules, which consists of various amino acid residues. It performs various function in the body for each cell and organism. There are certain parts which are completely made of protein, such as nails and hair. The human body uses protein to repair the damages tissues. Proteins are considered to be the important building block of muscles, skin, blood, bones, and cartilage.
Protein Ingredients Market: Animal Protein to Continue Reporting High Demand
Transparency Market Research (TMR) offer a 10-year forecast for the protein ingredients market between 2017 and 2027. In terms of value, the market is expected to register a CAGR of 6.5% during the projected period. The primary objective of the report is to offer insights on the advancements in the protein ingredients market. The study demonstrates market dynamics that are expected to influence the current environment and future status of
Global Organic Rice Protein Market
According to a new report, published by KBV research, the Global Organic Rice Protein Market size is expected to reach $149 million by 2024, rising at a market growth of 18.4% CAGR during the forecast period. The North America market held the dominant share in the Global Organic Rice Protein Market, and would maintain this trend throughout the forecast period. However, The Asia Pacific market is expected to witness a higher
Protein A Resin Market | Insights
Protein A is a bacterial protein, which has capacity to bind mammalian antibodies of class immunoglobulin G with great affinity. Protein G binds to all subclasses of human immunoglobulin G (IgG) makes it useful for purifying polyclonal or monoclonal IgG antibodies whose subclasses have not been determined. Monoclonal antibodies are defined as ‘an antibody produced by a single clone of cells'. It can be used to carry drugs, toxins, or
Vegetable Protein Market by Types (Complete Protein, Incomplete Protein, Cereal …
The Vegetable Protein market can be split based on product types, major applications, and important regions. Major Players in Vegetable Protein market are: CHS Tate & Lyle Roquette Topagri Harbin Hi-tech Soybean Food Axiom Foods Innova Flavors Koyo Mercantile Co., Ltd. World Food Processing FUJIOIL Suboneyo Chemicals Pharmaceuticals Limited ADM Halcyon Proteins Showa Sangyo Co., Ltd. Victoria Group Shansong Biological Goldensea Industry Cargill Gushen Biological Technology Group DuPont Buhler Get sample copy @ http://www.reportsweb.com/inquiry&RW00011140401/sample Major Regions play vital role in Vegetable Protein market are: North America Europe China Japan Middle East & Africa India South America Others Most important types of Vegetable Protein
Protein Bar Market
Emerging fitness trends, the availability of protein bars catering to the needs of people with various allergies and the high demand for convenience foods are anticipated to benefit the protein bar market for the foreseeable future. Consumers are seeking out protein bars primarily for general wellness as opposed to any specific medical requirement. Protein bar makers have witnessed strong demand for their products and this has compelled new entrants to