Protein hydrolysate ingredients are a mixture of peptides, oligopeptides, and free amino acids which is prepared by partial or extensive hydrolysis. These ingredients are widely used across sports, infant, and functional food products. Milk protein hydrolysate, casein protein hydrolysate and meat protein hydrolysate are some of the types of protein hydrolysate ingredients.
Global protein hydrolysate ingredients market was valued at US$ 4275.2 Million in 2021, in terms of revenue, exhibiting a CAGR of 7.09% during the forecast period (2022 to 2030).
Drivers
Rising demand for protein hydrolysate based infant formula is likely to drive the market growth of the protein hydrolysate ingredients. Increasing lactose intolerance and gastrointestinal disorders in infants is creating a huge demand for protein hydrolysate. Protein hydrolysate can be used to treat various adverse reactions such as phenylketonuria caused due to cow milk. This is expected to fuel the market growth of the protein hydrolysate.
Growing consumer awareness regarding health and nutritional food products is projected to foster the market growth of protein hydrolysate. Rising use of protein hydrolysate in sports nutrition and diet food products is also expected to augment the market growth of protein hydrolysate. This is attributed to the growing number of consumers participating in sports activities and increasing adoption of a healthy lifestyle. For instance, In 2020, Kerry acquired Pevesa Biotech, a Spanish company specializing in non-allergenic and organic plant protein ingredients for infant, general, and clinical nutrition
The COVID-19 pandemic has significantly impacted the global protein hydrolysates market. The demand for protein hydrolysate products declined across various end-use markets as major activities were on hold. Consumers were conscious of their expenses due to loss of jobs and income constraints. 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 boost the market.
Figure 1. Global Protein Hydrolysate Ingredients Market Value Share (%), By Region, 2021
Market Restraints
Lack of awareness regarding the health benefits of protein hydrolysate among consumers of emerging regions is expected to act as a restraint for the market growth.
The high cost of the raw material, as well as the production of the formula, is expected to negatively impact the market growth of the protein hydrolysate over the forecast timeframe.
Market Trends
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 4275.2 Mn |
Historical Data for: | 2017-2020 | Estimated Year: | 2022 |
Forecast Period 2022 to 2030 CAGR: | 7.09 % | Forecast Period: | 2022-2030 |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Abbott Laboratories, Danone S.A., Arla Foods Ingredients Group P/S, Kerry Group plc, Davisco Foods International, Inc., Carbery Group, Hilmar Ingredients, Armor Proteins, Glanbia Ingredients, and PGP International |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 2. Global Protein Hydrolysate Ingredients Market Value Share (%), By Application, 2021
Recent Developments
Competitive Section
Major players operating in the global protein hydrolysate ingredients market include, Abbott Laboratories, Danone S.A., Arla Foods Ingredients Group P/S, Kerry Group plc, Davisco Foods International, Inc., Carbery Group, Hilmar Ingredients, Armor Proteins, Glanbia Ingredients, and PGP International.
Hydrolyzed proteins are used as a flavor enhancer in food industries. It is a precursor to produce Monosodium glutamate. The hydrolyzed process breaks down protein into smaller-chained amino acids, which promotes speedier absorption and allows for quicker muscle building. Protein hydrolyzed peptides or amino acids are peptide chains of amino acids that have been specially processed to form a digestible supplement. The process of hydrolysis breaks down the amino acids in the peptide chain, causing them to release their stored energy in the form of a much more concentrated source of amino acids. This process is known as hydrolysis and was first used thousands of years ago to break down tough meats and other food for consumption.
Market Dynamics
The growing use of whey protein hydrolysates across various nutritional and functional food products is expected to serve major growth opportunities for the market of protein hydrolysate. They have high nutritional value and easy digestibility which makes expand their application in various health nutritional food products. Thus, Whey protein hydrolysates are gaining huge demand in various nutritional products, thereby fueling market growth.
Rising demand for protein hydrolysate in animal feed application is projected to provide lucrative opportunities to the market of protein hydrolysates. Protein hydrolysate is widely used in the preparation of diets for poultry, fish, pigs, and companion animals as they are useful in enhancing the overall health of the animal. Moreover, the growing focus of the manufacturer in adopting effective marketing strategies to promote their brand is further expected to foster market growth.
Major players operating in the global protein hydrolysate ingredients market are focused on launch of new products to expand their product portfolio. For instance, in January 2021, Aker BioMarine, a Norwegian fishing and biotech company launched Invi, a hydrolyzed protein isolate with a complete amino acid profile that is also rich in minerals, including calcium and magnesium.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective
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