03 November 2020
Protein Hydrolysates Market Trends Analysis Report 2020-2025:Disable Third Party Ads
Protein Hydrolysates Market was worth USD 541.28 million in 2018 and estimated to be growing at a CAGR of 8.1%, to reach USD 799.01 million by 2023. Hydrolysate refers to any product of hydrolysis, Protein hydrolysates have great applications as they help in absorbing amino acids.
Hydrolysis is the chemical breakdown of a molecule using water. Its products are termed hydrolysates. Protein Hydrolysates are formed by hydrolysis of proteins. They have numerous health benefits as they help the body in absorbing amino acids more rapidly than intact proteins, thus maximizing nutrient delivery and have various application is Food and Beverage Industry. It is also used in the biotechnology industry as a supplement to cell cultures.
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Multifunctional nature of protein hydrolysates, increasing popularity for protein rich food, increasing awareness among the consumers regarding individual health, ease of integration in wide variety of applications are the factors driving the growth of market. However, factors like stringent regulations and expensive nature of products are hindering the growth of market.
Detailed Segmentation of the Protein Hydrolysates Market:
The Global market for Protein Hydrolysates is segmented based on Type, Application, Process, Source and Form. Based on Type – Milk, Plant, and Animal. Based on Application – Infant Nutrition, Sports Nutrition, and Dietary Supplements. Based on Process - Enzymatic Hydrolysis, and Acid & Alkaline Hydrolysis. Based on Source – Plant and Animal. Based on Form – Powdered and Liquid.
Regional Analysis of the Protein Hydrolysates Market:
Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa. North America is leading the market regionally, due to a well-developed food industry and increasing popularity regarding the health benefits of Protein Hydrolysates among individuals. Asia Pacific is expected to grow the fastest owing to its increasing disposable income, increasing demand for nutritious food and growing awareness regard healthy diet. Based on Source, Animal sources hold the major share in the market due to high protein content in animal sources like milk. Based on Type Milk protein hydrolysates are the largest segment due to wide spectrum of applications like sports nutrition, infant nutrition and nutraceuticals. Infant nutrition is the widely preferred application for protein hydrolysis due to their beneficial properties for all infant formulas due to their easy digestibility and some other factors like lactose intolerance and inability to breastfeed.
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Major Leading Key players Analysis:
Some of the key players dominating this market include Abbott Nutrition, Koninklijke DSM N.V., Kerry Group PLC, Frieslandcampina, Arla Foods, Tate & Lyle PLC, Archer Daniels Midland Company, Glabnia PLC, Danone Nutricia and Nestle SA.
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