Global Protein Hydrolysate Ingredients Market was valued at US$ 4275.2 million in 2021, According to Protein Hydrolysate Ingredients Market Report, by Ingredient Type (Milk Protein Hydrolysate, Whey Protein Hydrolysate, Casein Protein Hydrolysate, Meat Protein Hydrolysate), by Product Form (Powder, Liquid, Bar), by Application (Infant Formula, Clinical Nutrition, Sports & Slimming Food), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
Global protein hydrolysate ingredients market was valued at US$ 4275.2 Million in 2021. Protein hydrolysate ingredients market is expected to register a CAGR of 7.09 % over the forecast period (2022-2030), to reach US$ 7899.4 Million by 2030.
Protein hydrolysate ingredients are referred to as a mixture of amino acid proteins that are produced by the hydrolysis process. These ingredients are available in the form of powder, liquid, and bar. Protein hydrolysate ingredients are widely used in the preparation of infant formula, clinical nutrition, and sports & slimming food.
Increasing health awareness and high demand for nutrition food products post Covid-19 is expected to propel growth of the global protein hydrolysate ingredients market. Globally, as of 8:48pm CEST, 6 October 2021, there have been 235,673,032 confirmed cases of COVID-19, including 4,814,651 deaths, reported to the WHO. Protein hydrolysate ingredients offer increased & faster availability of amino acids, greater insulin tropic effect, and faster recovery post workout and intra workout performance. The ingredients are also effective in elderly population.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/protein-hydrolysate-ingredients-market-4775
Browse 50 market data tables* and 40 figures* on "Global Protein Hydrolysate Ingredients Market” - Forecast to 2030.
Key Trends and Analysis of the Global Protein Hydrolysate Ingredients Market:
- The ongoing trend of low fat, low-calorie protein-based nutrition is expected to spur the market growth in the near future. Growing demand for easy-to-digest protein-based weight management nutrition food products due to concern over health is also expected to foster the market growth of protein hydrolysate. Thus, growing demand for low fat, low-calorie protein-based nutrition product is expected to propel the market growth. For instance, In November 2021, Novozymes, a global biotechnology company and Novo Nordisk Pharmatech,, the Company offers medication for diabetes, hemophilia, growth hormone deficiency, announced a strategic collaboration that brings together the companies’ joint competencies and interests in developing specialty enzymes for use in biopharma processing and regenerative medicines. This partnership will allow Novozymes to better serve its customers
- Partnership and collaborations are one of the current trends in the market. Major players are adopting such business strategies to expand their presence in the market. For instance, in February 2020, Kerry, a public food company headquartered in Ireland acquired Pevesa Biotech, a Spanish company specializing in non-allergenic and organic plant protein ingredients for infant, general and clinical nutrition. The objective of this move is to expand the position in the hydrolyzed plant protein space and enhance its ability to service the fast-growing organic plant protein market.
Key Takeaways of the Global Protein Hydrolysate Ingredients Market:
- Among application, the infant formula held dominant position in the market and accounted for 66.9% share in the global protein hydrolysate ingredients market in 2021.
- In 2020, Arla Foods Ingredients, a leading whey ingredient supplier for infant nutrition, baking, dairy, medical applications and sports nutrition launched a new whey protein ingredient which is clinically proven to counteract age-related muscle mass decline. Lacprodan HYDRO.Rebuild is a 100% hydrolysed whey protein.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the protein hydrolysate ingredients are key strategies adopted by players in the global protein hydrolysate ingredients market. For instance, in 2020, FrieslandCampina Ingredients, a manufacturer of high-quality value-added functional ingredients and solutions expanded its regional partnership with IMCD, a global leader in the distribution and formulation of speciality chemicals and ingredients in Indonesia. Through this partnership, it leverages on its extensive distribution networks to increase its footprint in one of the fastest growing markets for performance and active nutrition.
