Protein Hydrolysate Ingredients Market to Record CAGR of 7.30%


Posted August 12, 2022 by ganeshhole

The protein hydrolysate ingredients market revenue totaled US$ 554.9 Mn in 2021. The overall protein hydrolysate ingredients market is expected to reach US$ 1.0 Bn by 2031, growing at a CAGR of 7.30% during 2021- 31.

 
The protein hydrolysate ingredients market revenue totaled US$ 554.9 Mn in 2021, according to Future Market Insights (FMI). The overall protein hydrolysate ingredients market is expected to reach US$ 1.0 Bn by 2031, growing at a CAGR of 7.30% during 2021- 31.

Growing popularity of sports nutrition as consumers are switching towards healthy lifestyle is fueling the demand for sports nutrition segment especially whey protein hydrolysate ingredients.


Increasing demand for versatile clinical nutrition with great taste will drive the market during the forecast period. Application in infant formula also will increase, especially in emerging economies and is predicted to boost the consumption of protein hydrolysate ingredients in coming years.


North America protein hydrolysate ingredients market is forecast to grow at 7.90% CAGR during the assessment period. Sales uptick can be attributed to high consumption of whey proteins and other protein ingredients and expansion of specialty food ingredient processing industries in the U.S. With increasing production of whey powder and growing demand for plant based protein alternatives in U.K and Germany, Europe protein hydrolysate ingredients market is predicted to expand at more than 6.90% CAGR through 2031.


Prominent players in the international protein hydrolysate ingredients market are Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, FrieslandCampina N.V., and Hilmar Ingredients. These accounted for a cumulative share of approximately ~25-30%.


Key Segments Covered In Protein Hydrolysate Ingredients Market Study:

By Ingredient Type:

Milk
Whey
Casein
Plant
Meat

By Product Form:

Powder
Liquid

By End Use:

Infant Formula
Clinical Nutrition
Sports Nutrition
Bakery & Confectionery
Sauces & Spreads
Others

By Regions:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa

For More Information: https://www.futuremarketinsights.com/reports/protein-hydrolysate-ingredient-market
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Issued By FMI
Country India
Categories Food , Health , News
Tags protein hydrolysate ingredients market , protein hydrolysate ingredients market share , protein hydrolysate ingredients market size
Last Updated August 12, 2022