The market is expected to generate an incremental $ opportunity of US$ 1,547.3 Mn between 2022 and 2032
Category: Food & Beverages Published Date : November 2022 ID: CVC-00498 Format: PDF Pages: 330
Protein Hydrolysate Ingredients Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Protein Hydrolysate Ingredients Market grew at a CAGR of 4.2% between 2017-2021 and is estimated to be US$ 2,654.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.7% and is expected to reach a valuation of US$ 4,201.6 Mn by 2032 end.
The general increase in health consciousness among people worldwide is generating a promising future for the industry. Regular protein intake aids in the development of muscle cells, the repair of damaged tissues, and the creation of new cells.
RISING AWARENESS FOR PROTEIN DIET FOR DEVELOPING HEALTH & IMMUNITY
Growing awareness of the importance of increasing immunity to diseases such as flu and disease outbreaks, increasing health awareness, and rising disposable income drive global protein hydrolysates market growth.
Protein hydrolysate is a supplement that consists of protein, monosaccharides, and other nutrients such as inositol, polypeptides, and vitamins. It is considered to be one of the ideal sources of protein.
HIGH SELLING PRICES WILL HAMPER THE MARKET GROWTH
Protein hydrolysates have a large potential for usage as a source of protein for human consumption. Still, their production processes involve dehydration, which demands a high energy supply and, as a result, is quite expensive. This presents the market with its greatest difficulty. Due to the high price of industrial enzymes, another procedure called enzymatic hydrolysis is similarly costly. Additionally, the complexity of the process to obtain hydrolysates of specific molecular masses and the need for additional treatment to deactivate the enzymatic hydrolysis are increasing this expense. Additionally, this raises the price of finished goods and causes a surge in less expensive fake food products, negatively influencing the market.
THE RISE IN DEMAND FOR BOVINE COLLAGEN PEPTIDES WILL CREATE MORE OPPORTUNITIES FOR THE MARKET
In the upcoming years, Bovine collagen peptides will be a major source of dietary protein and have been adopted in various applications such as food, beverages, sports nutrition, and high-protein foods. The rising demand for collagen peptides mainly stems from factors such as dietary supplements or health enhancement products, which provide various health benefits like improved bone health and joint relief.
The COVID-19 pandemic has significantly impacted the global protein hydrolysates market. 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 foster the market. In addition, these products offer many benefits, such as easy digestibility for infant nutrition, which will influence the protein hydrolysates market’s growth post-crisis. The market value might not catch up to the pre-COVID-19 value until 2027.
Market Segments Covered in Report
By Product Type:
By Source :
By Region and Country:
Why is Milk projected to ensure the most revenue during the forecast period?
At 40.0% of the market, Milk had the greatest revenue share. The milk segment of the animal protein hydrolysates held the largest share in the market owing to its multifunctional characteristic and importance in application in sports, nutraceutical, and infant nutrition over other hydrolysates. Milk protein hydrolysates are used to substitute native proteins in infant and adult foods and beverages due to their decreased allergenicity.
Why is the infant nutrition segment expected to expand the fastest during the forecast period?
In 2021, One of the infant nutrition market’s major challenges is the low protein intake in this segment. The growing use of hydrolysates, protein hydrolysis processes, and benefits include better digestion, increased caloric intake, and increased solubility in milk formula.
The growth in this industry is primarily because a protein deficiency can lead to malnutrition. Over time, infants deprived of nutrients could develop problems such as eczema, tooth decay, and type 2 diabetes in later adulthood. Infant nutrition is also important because of the proteins needed to build bones and teeth. It keeps a steady supply of amino acids necessary for growth.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies players in the Protein Hydrolysates market adopt. Intensive research on new products in 2022 on means of production created new market opportunities and removed barriers to marketing and sales.
Some of the key developments that have taken place in the Protein Hydrolysate Ingredients Market include:
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
|Historical data available for
|USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
|Key regions covered
|North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
|Key countries covered
|US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
|Key segments covered
|By Product Type, Source, Process, Form, Application, and Region
|Available upon Request
|Pricing and purchase options
|Available upon Request