Protein Hydrolysates Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Protein Hydrolysates Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Protein Hydrolysates Market is forecasted to reach USD 4.4 billion by 2024 growing at a CAGR of 6.1%during the forecast period (2019 - 2024).

Key Highlights

• The multi-functionality of protein hydrolysates has increased its adoption in end-user industries. Furthermore, the growing demand for high-protein products has expanded the application of protein hydrolysates. Positive application outlook in infant, sports, and clinical nutrition is driving the protein hydrolysate ingredient demand.
• Infant foods and sports nutrition are acting as a growth engine for protein hydrolysate ingredients market. The rupture of whole protein creates small-chain bioactive peptides and free amino acids that are building blocks of protein.

Key Market TrendsMilk based proteins are considered the most important source of bio-active peptides

Milk proteins are considered the most important source of bioactive peptides, and an increasing number of these peptides has been identified in milk protein hydrolysates. Milk protein hydrolysates have also been widely used for the extensive nutritional support for patients. In addition, it has also been incorporated in infant nutrition, sports nutrition, and nutraceuticals. Moreover, the milk protein hydrolysate formula has been developed to lower or eliminate the allergenicity of cow's milk proteins, to reduce the antigenic load, and the risk of sensitization. Milk protein hydrolysates are obtained from isolated casein and whey protein concentrate by using food grade protease enzyme systems. All these inputs are abundantly and easily available making milk protein a leading source of protein hydrolysates.

North America has the highest share in the protein hydrolysate ingredients market

North America and Europe remain the mature market for manufacturers; North America has the highest share in the protein hydrolysate ingredients market. Growing economies of region like Asia-pacific are expected to provide new opportunities during the forecast period owing to increasing demand for ready-to eat segments for infants. The technological advancements in the milk processing plants coupled with growing demand for health foods in the region is likely to boost the demand for protein hydrolysate ingredients market. The United States continues to capture the largest market share for soy protein ingredient, followed by Canada and Mexico. The driving factors for the US market are the change in consumption patterns, and food requirements, and inclination towards vegetarian products for protein sources. In United States, soy protein ingredient provides protein-enhanced meat to consumers, thus, increasing the consumption for the same. Soy protein is widely used as a meat alternative in the United States; hence, the market for the same is the largest.

Competitive Landscape

Arla Foods Ingredients, Fonterra Co-operative Group, Agropur Inc., Amco Protein, Royal Frieslandcampina, and Carbery Group are most leading players in global protein hydrolysate market. There are several local companies in each region, which intensely compete with global players. About 54% of the market is held by other small and medium companies. The companies are enhancing their product lines and expanding their presence through global expansions. They use strategies, such as forming new agreements and partnerships with local players, to increase their footprint in the foreign country and release new products according to consumers’ changing preferences.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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