The digested form of proteins obtained through hydrolysis is
known as protein hydrolysates. In order to overcome the protein deficiency,
market players are providing hydrolyzed protein products that are easily
absorbed by the human body. Protein hydrolysates can be obtained through
various sources such as dairy, poultry, plants, animals, microbes, and others.
The major challenges being faced by the manufacturers of protein hydrolysates,
are the lack of awareness regarding the benefits of protein hydrolysate
consumption and increasing incidences of food adulteration.
Protein
Hydrolysates Market Analysis
Based on type, the global protein hydrolysates market has been
segmented into milk protein hydrolysate, egg protein hydrolysate, meat protein
hydrolysate, plant protein hydrolysate, marine protein hydrolysate, and others.
The milk protein hydrolysate segment is expected to garner the highest revenue
share in the global protein hydrolysates market owing to the increasing number
of applications of milk protein hydrolysates in the food & beverage
industry. The multi-functionality of milk protein hydrolysates is the major
factor responsible for the wide use of milk protein in various industries.
However, the plant protein hydrolysates segment is anticipated to grow with the
highest CAGR during the forecast period due to the increasing preference of
consumers towards vegetarian and vegan diet.
Based on form, the global protein hydrolysates market has been
segmented into powder and liquid. The powder segment is expected to garner the
highest revenue share of the global protein hydrolysates market and shall
continue its dominance during the forecast period as it is convenient to use
protein hydrolysates in the form of a powder. The same segment is expected to
maintain its dominance and grow with an impressive growth rate during the
forecast period.
By application, the global protein hydrolysates market has
been segmented into animal feed, functional food and beverages, dietary
supplements, infant nutrition, and others. The infant nutrition segment is
expected to garner the highest revenue share of the global protein hydrolysates
market owing to the rising concerns regarding infant health. In addition, the
inability to breastfeed and increasing incidences of food allergy are also
boosting the sale of protein hydrolysates to prevent malnutrition.
Regional Analysis
The global protein hydrolysates market has been segmented by
region, into North America, Europe, Asia-Pacific, and Rest of the World.
North America is expected to lead the global protein
hydrolysates market due to the presence of several prominent food &
beverage manufacturers in the region. In addition, the rising preference of
consumers towards healthy food and infant nutrition products is also fueling
the region’s growth in the global market.
Key Players
Some of the key players in the global protein hydrolysates
market are Tate & Lyle plc (UK), Koninklijke DSM N.V. (Netherlands), Archer
Daniels Midland Company (US), FrieslandCampina (Netherlands), Hilmar
Ingredients (US), Danone Nutricia (Netherlands), Glanbia plc (Ireland), Kerry
Group plc (Ireland), Arla Foods (Denmark), Abbott Laboratories (US), and AMCO
Proteins (US).
Complete Report Details @ https://www.marketresearchfuture.com/reports/protein-hydrolysates-market-7207
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