As per the recent research report by Future Market Insights, sales of the protein hydrolysate ingredient market are forecast to surge at 7.3% CAGR throughout the forecast period. Total market valuation is set to increase from US$ 669.3 million in 2024 to US$ 1,399.1 million by 2034.
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Multiple factors are propelling demand for protein hydrolysate ingredients, particularly milk hydrolysate ingredients. These include the growing demand for enhanced protein supplements and the escalating popularity of functional foods.
Rising awareness among consumers about the nutritional benefits of milk hydrolysate ingredients is set to increase the consumption of milk hydrolysate ingredients. Subsequently, the widening usage of protein hydrolysate in the sports nutrition industry will boost sales growth.
The superior properties of protein hydrolysate ingredients, such as versatility, easy applicability, and great taste, over their counterparts make them a preferred choice among consumers and manufacturers. Sports enthusiasts consider whey protein hydrolysate ingredients as a superior protein source.
Key players are developing advanced enzymatic processes that ensure efficient production to meet the surging demand for clean labels and sustainable options. Tailoring formulations for diverse applications, such as infant formulas and sports nutrition, allows manufacturers to cater to specific market segments.
Manufacturers are focusing on developing protein hydrolysate ingredients with reduced bitterness, as hydrolysates impart a bitter taste to food products. Several enzymes are also launched in the market, which helps reduce the bitterness of protein hydrolysate ingredients.
Key Takeaways from the Market Study
- The global protein hydrolysate ingredient market is set to total US$ 669.3 million in 2024.
- Based on form, the powder segment is forecast to account for a revenue share of 97.2% in 2034.
- By end-use, the sports nutrition category will progress at 7.7% CAGR through 2034.
- Based on ingredient type, the milk category is set to record a CAGR of 7.3%.
- The United States market value is forecast to total US$ 600.9 million by 2034.
- Demand in China will rise at 8.4% CAGR from 2024 to 2034.
“Protein hydrolysate ingredients offer rapid absorption and enhanced bioavailability, making them ideal for usage in infant formulas, sports nutrition, and other dietary supplements.” -says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.)
Who is Winning?
Key players such as Arla Foods Ingredients, FrieslandCampina, and Kerry Group focus on using advanced enzymatic processes and exploring diverse protein sources to stay at the forefront of market dynamics. They are also using strategies like mergers, partnerships, collaborations, and distribution agreements to boost their revenue.
Recent Development:
- In 2022, Ireland-based Kerry Group merged with biotech company c-Lecta, which specializes in protein hydrolysates. The collaboration aims to leverage the biotech Company’s expertise in enzymatic processes and sustainable sourcing, enhancing Kerry’s position in the protein hydrolysate ingredients market.
Purchase now and gain full access to the Protein Hydrolysate Ingredient Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global protein hydrolysate ingredient market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the global protein hydrolysate ingredient industry based on ingredient type (milk, whey, casein, plant, meat), form (powder and liquid), end-use (infant formula, clinical nutrition, sports nutrition, bakery & confectionery, sauces & spreads, others), & region.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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