Global Protein Hydrolysates Market is valued USD 2.4 billion in 2017 is anticipated to grow USD 4.6 billion with the compounded annual growth of 8.60% over the forecast period 2018-2025.
New York 18 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Protein Hydrolysates Market industry is poised to raise USD 4.6 billion by 2025. Positive application outlook in from infant, sports and clinical should drive protein hydrolysate demand. Increasing income levels along with shift in consumer preferences towards nutritional products will drive the growth. Easy digestibility of these products as compared to intact proteins gives them as edge for usage in infant formulas. Strong growth rate can be expected from prepared baby food industry which is bolstered by increasing demand from working mothers with busy working schedule and lack of time to prepare healthy meals. Increased consumer awareness about nutritional content in foods will drive global protein hydrolysates market size.as per regional analysis The Asia Pacific market is estimated to be the fastest-growing, in terms of both value and volume, in the global protein hydrolysates market, during the forecast period. This region comprises developing economies such as China, India, and Malaysia as well as Singapore, which are among the fastest growing markets for protein hydrolysates in the region. The increase in population and per capita income in China and India, clubbed with increasing preference for protein hydrolysate products is expected to drive the demand from end-user markets such as animal feed, clinical nutrition, and infant nutrition. China’s protein hydrolysates market is projected to grow at the highest rate among Asia Pacific countries during the forecast period.
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The industry is seeming to be fairly competitive. Some of the leading market Abbott Laboratories, Koninklijke DSM N.V, Kerry Group PLC, Frieslandcampina, Arla Foods, Tate & Lyle PL C, Archer Daniels Midland Company, Glanbia PLC,Danone Nutricia, Amco Proteins, Hilmar Ingredients and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Weight management is projected to be the fastest-growing application in the protein hydrolysates market
- Asia Pacific is projected to be the fastest-growing regional market.
Bizwit Research & Consulting LLP has considered following segments for the study:
By Type:
- Milk Protein Hydrolysates
- Animal Protein Hydrolysates
- Marine Protein Hydrolysates
- Egg Protein Hydrolysates
- Plant Protein Hydrolysates
- Yeast Protein Hydrolysates
By Application:
- Infant Nutrition
- Clinical Nutrition
- Weight Management
- Animal Feed
By Source:
- Animal
- Plant
- Microbial
By Process:
- Acid & Alkaline Hydrolysis
- Enzymatic Hydrolysis
Regional Outlook:
- North America
- Europe
- Asia Pacific
- Latin America
- Rest of the World
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