Global Protein Hydrolysate Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Protein Hydrolysate Market 2021 (Includes Business Impact of COVID-19)
Global Protein Hydrolysate Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global protein hydrolysate market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global protein hydrolysate market report has been segmented on the basis of product type, process, application, and region.
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The global Protein Hydrolysate market size was valued at USD$ 0.58 billion in 2020 and is projected to reach UDS$1.34 billion by 2030, and is anticipated to expand at a CAGR of 10.17% over the forecast period from 2020 to 2030.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Protein hydrolysate is mixture of amino acids made by spitting protein using enzyme, alkali, or acid. It is a type of protein that is partly hydrolyzed or digested be consuming, which makes it easier to absorb or digest. Protein hydrolysate is available in form of solid and liquid. It is derived from plants, animals, or milk products. Protein hydrolysate are used in solid and liquid food products listed in special diets or for the patients in order to provide them additional nutritional diet. It is also commonly used for the patients that are unable to take protein form their regular food Market.

Dynamics:

Growing demand of protein hydrolysate for dietary supplements and sports nutrition is a major factor driving growth of the global protein hydrolysate market. Growing awareness regarding nutritional food and increasing preference for high protein diet is another factor supporting growth of the target market. Increasing use of protein hydrolysate in baby food, as it provides essential amino acid that are beneficial for growth of an infant is a factor fueling growth of the target market.  Furthermore, growing retail and E-commerce sector, coupled with availability of various protein hydrolysate based products are factors expected to boost growth of the global protein hydrolysate market in the near future.

However, high cost of hydrolyzed whey protein is a factor that may hamper growth of the global protein hydrolysate market.

Segment Analysis:

On the basis of product, the milk protein hydrolysate segment is expected to dominate in the global market in terms of revenue, and is anticipated to register lucrative growth over the forecast period. rising adoption of milk protein hydrolysate in food and beverage industry is a factor supporting revenue growth of this segment in the global protein hydrolysate market, currently. On the basis of application, the infant nutrition segment is expected to witness high growth in terms of revenue in the near future.

Regional Analysis:

Market in North America is estimated to account for major share in terms of revenue in the global market, and is expected to maintain its position over the forecast period. High consumption of dietary supplements by individuals and presence of prominent players in countries in this region are factors driving growth of the target market in North America. Asia Pacific market in anticipated to witness high growth in terms of revenue in the global market over the forecast period, owing to increasing number of health conscious population, coupled with growing awareness regarding benefits of protein supplements among consumers in countries in this region. In addition, rising disposable income and growing infant population are also factors supporting growth of the target market in Asia Pacific.

Global Protein Hydrolysate Market Segmentation:

Segmentation by product type:

  
Plant Protein Hydrolysate
  
Animal Protein Hydrolysate
  
Milk Protein Hydrolysate

Segmentation by process:

  
Acid & Alkaline Hydrolysis
  
Enzymatic Hydrolysis

Segmentation by application:

  
Infant Nutrition
  
Nutraceutical and Sports Nutrition
  
Dietary Supplements


Key Market Players included in the report:


  
Abbott Laboratories
  
ADM Company.
  
Agrilife
  
Agropur
  
AMCO Proteins
  
Archer-Daniels-Midland Company
  
Arla Foods Ingredients Group P/S
  
Asia Pacific (APAC)
  
BD
  
BRISK BIO,
  
Carbery Group
  
Danone Nutricia
  
Diana Group
  
Europe
  
Fonterra Co-perative Group Limited
  
FrieslandCampina
  
Glanbia plc
  
Griffith Foods Inc.
  
Hill Pharma Inc.
  
Hilmar Cheese Company Inc.
  
INGREDIA SA
  
Kemin Industries Inc.
  
Kerry Group plc
  
Koninklijke FrieslandCampina N.V.
  
Mead Johnson & Company
  
Milk Specialties
  
NAN Group
  
Nestle S.A.
  
New Alliance Dye Chem Pvt. Ltd.
  
Tate & Lyle PLC
  
The Tatua Co-perative Dairy Company Limite


Below are the key development related to Protein Hydrolysate Market in 2020 and 2021.


February 2020: Kerry acquires plant-protein company Pevesa Biotech. The acquisition is said to enhance Kerry’s position in the hydrolysed plant protein space for specialised nutrition, and expands the company’s capacity to serve the rapidly growing organic plant protein market. Kerry, the taste and nutrition company, has announced that it has expanded its non-allergenic and organic plant protein capabilities by acquiring the Spanish company Pevesa Biotech. Pevesa Biotech specialises in non-allergenic, non-GMO products for the infant, general and clinical nutrition markets. Pevesa offer a range of proteins, including organic pea and rice protein and protein hydrolysates, and is said to be a European leader in non-allergenic plant proteins for infant nutrition. Pevesa has also developed a range of organic and standard biofertilisers for fruit, olive and specialist garden growers, and has had a strong corporate focus on developing sustainable solutions to important nutrition, health, biowaste and agricultural challenges. Source