Protein Hydrolysates Market Poised for Robust Growth, forecasted to Expand at 6.6% CAGR from 2024-30
MarkNtel Advisors has released its latest report highlighting strong growth in The Global Protein Hydrolysates Market size was valued at USD 3.13 billion in 2023 and is estimated to grow at a CAGR of around 6.6% during the forecast period, i.e., 2024-30.
Report Coverage
This report offers a comprehensive analysis of the Protein Hydrolysates Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2023
- Forecast Years: 2024-30
- Historical Years: 2019-22
Protein Hydrolysates Market Overview
Protein hydrolysates are gaining widespread appeal due to their multi-faceted advantages, prompting a surge in applications. The enzymatic or chemical breakdown of protein molecules into fragments enhances solubility and ease of absorption, highlighting its suitability for the food & beverage sector. Protein hydrolysates boost flavor profiles while enhancing texture & overall nutritional value, catering to consumers who prioritize healthful benefits from their products.
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Protein Hydrolysates Market Segmentation Outlook
The Protein Hydrolysates is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
- Milk Protein Hydrolysates
- Meat Protein Hydrolysates
- Marine Protein Hydrolysates
- Egg Protein Hydrolysates
- Plant Protein Hydrolysates
- Yeast Protein Hydrolysates
By Source
- Animal
- Plant
- Microbial
By Application
- Foods & Beverages
- Infant Nutrition
- Clinical Nutrition
- Weight Management
- Sports Nutrition
- Dietary Supplements
- Feed
By Form
- Dry
- Liquid
By Process
- Acid/Alkaline Hydrolysis
- Enzymatic Hydrolysis
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Protein Hydrolysates Market Driver
Increasing Demand for Sports Nutrition, Health, and Fitness – The market demand for protein supplements & hydrolysates in sports nutrition has increased due to the growing popularity of fitness activities. With a heightened awareness of nutrient intake required for improving performance & promoting quick recovery, more individuals are turning towards these nutritional options. Protein hydrolysates have emerged as a preferred choice among athletes and gym enthusiasts because of their swift absorption rate paired with easy digestion, offering an efficient post-workout solution that aids rehabilitation seamlessly.
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Top Protein Hydrolysates Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Arla Foods Amba, Kerry Group Plc, ADM, Glanbia Plc, Frieslandcampina, Azelis Group, Fonterra Co-Operative Group Limited, Tatua, Cargill, Incorporated, Hofseth Biocare Asa, Armor Protéines, Krishna Enzytech Pvt. Ltd., Roquette Frères, Carbery Group, and Others as key players shaping the market landscape.
Protein Hydrolysates Market News
- 2023: BENEO, a prominent manufacturer of functional ingredients for the food, feed, and pharmaceutical industries in Germany, has partnered with Azelis Group (Belgium) to enhance its Food and Nutrition line of nutritional products that are clean & socially responsible. This distribution agreement aims to expand operations across India and Bangladesh.
- 2023: Azelis has partnered with Soy Austria in order to serve Central Europe's food and nutrition market. The objective behind this collaboration is to provide customers with revolutionary eco-friendly options while also promoting sustainability within the industry.
- 2023: Azelis has disclosed its purchase of Gillco Ingredients in the United States. This calculated decision bolsters Azelis' market standing within the life sciences industry with a special focus on American-based nutrition & food products.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2030?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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