Protein Hydrolysate Market Company Revenue Share, Key Drivers & Trend Analysis
Posted by Supriya Kokate on December 28th, 2021
The Protein Hydrolysate Market is expected to reach USD 1,161.2 Million by 2028, according to a new report by Reports and Data. Increasing demand from infant nutrition is likely to stimulate market demand. Growing health-conscious consumer base mainly in North America and Europe is also a key factor influencing market growth.
Protein Hydrolysates are a mixture of different-chain-length peptides and free amino acids. Whey protein- a category of milk protein hydrolysates contains nine crucial amino acids and about 70-80% of protein elements. It is used in many industrial applications in dietician, clinical, therapeutic and nutritional products. Whey proteins are expected to be the ideal ingredients in the formulation of substitutes of human milk on account of their low antigenicity and high nutritional value.
The Asia Pacific is anticipated to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 9.6% in the forecast period. The region has witnessed a significant increase in the applications of protein hydrolysates due to the developing economies such as China, Japan, India, Singapore, and Malaysia among others. Amongst the countries, China is expected to observe the highest growth with the demand driving from mainly the infant nutrition and marine & animal hydrolysates market. For example, China produced around 67 million tons of aquatic products in 2017, thus stimulating the aquaculture industry expansion.
Key participants include Arla Foods Ingredients, Mead Johnson, MERCK Life Sciences, Fonterra, Agropur, Milk Specialties, BD, Tatua, FrieslandCampina, Hilmar Cheese, Hill Pharma, and New Alliance Dye Chem Pvt. Ltd.
Further key findings from the report suggest
For the purpose of this report, Reports and Data have segmented global protein hydrolysate on the basis of product, form, method, application and region:
Product (Revenue, USD Million; 2020-2028)
By Form (Revenue, USD Million; 2020-2028)
By Method (Revenue, USD Million; 2020-2028)
Application (Revenue, USD Million; 2020-2028)
To know more about the report @ https://www.reportsanddata.com/report-detail/protein-hydrolysate-market
Regional Outlook (Revenue, USD Million; 2016-2026)
Key Features of the Protein Hydrolysate Market Report:
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About the AuthorSupriya Kokate
Joined: January 23rd, 2019
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