Protein Hydrolysates Market Share, Size, Trends, Industry Analysis Report, By Source (Plants and Animals); By Form; By Application; By Region; Segment Forecast, 2024- 2032
The global protein hydrolysates market size is expected to reach USD 1,544.06 Million by 2032, according to a new study by Polaris Market Research. The report “Protein Hydrolysates Market Share, Size, Trends, Industry Analysis Report, By Source (Plants and Animals); By Form; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market for protein hydrolysates is set to witness growth, driven by the escalating demand for dietary food supplements among human and animal groups of varied segments. In addition, the rising awareness among individuals about the significance of personal health and improved healthy lifestyle has led to a surge in demand for protein hydrolysates within nutritional supplements. Moreover, advancements in technology and the development of new supplement formulations have paved the way for the application of protein hydrolysates in animal feeds and human dietary formulae.
Furthermore, the strict government regulations against the usage of chemically synthesized proteins across various food categories paved the path for the growth of plant and animal source-based protein hydrolysates. In addition, restraining factors such as the loss of vital and critical amino acids during the formulation of protein hydrolysates are obstructing the growth of the protein hydrolysates market. Further, in spite of the aforementioned challenges, the market viewpoint for protein hydrolysates remains positive, coupled with continuous investments in research and development and an increasing focus on improving human and animal health. The demand for high-quality protein-based formulae is expected to keep growing.
Protein Hydrolysates are essential components in the development and strengthening of body muscles within humans and animals. Protein hydrolysates perform vital functions such as digestion, building of tissues and muscles, strengthening of bones, and among others. The growing demand for dietary supplements for animal feed and human consumption is an attributing factor for the growth of the protein hydrolysates market. Moreover, the surge in demand for healthy food supplements in addition to conventional foods is promoting the market growth of protein hydrolysates.
Protein Hydrolysates Market Report Highlights
The market in 2023 was primarily led by the plant-based source segment, owing to their diverse applications in human and animal health products.
In 2023, the powder form segment of the market was majorly dominated due to the advantages being offered by powder form such as easy transportation and convenience in handling.
In 2023, the dietary supplements segment observed the highest revenue share in the application segment. It was primarily due to the rise in demand for human and animal healthcare products and the increasing prevalence of health-related concerns among both categories.
In 2023, the market was dominated by the North American region, which contributed significantly to the total market revenue. This dominance was attributed to various factors, such as increasing benefits obtained from protein-based formulations and awareness of health in animal feed industries, advanced healthcare infrastructure, and increasing demand for infant and adult-based additives in the region.
The global key market players include Kerry Group Plc., CRESCENT BIOTECH, New Alliance Dye Chem Pvt. Ltd., Arla Foods Ingredients Group, AMCO Proteins, Ingredia S.A, Carbery Group, etc.
Polaris Market Research has segmented the protein hydrolysates market report based on source, form, application, and region:
Protein Hydrolysates, Source Outlook (Revenue - USD Million, 2019 - 2032)
Plants
Animals
Protein Hydrolysates, Form Outlook (Revenue - USD Million, 2019 - 2032)
Powder
Liquid
Protein Hydrolysates, Application Outlook (Revenue - USD Million, 2019 - 2032)
Sports Nutrition
Infant Nutrition
Dietary Supplements
Clinical Nutrition
Animal Feed
Protein Hydrolysates, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of MEA