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Protein Hydrolyzate Ingredients Market Size is expected to gain US$1.0

NEWARK, Del, Aug. 18, 2022 (GLOBE NEWSWIRE) — Protein Hydrolyzate Ingredients Market Revenue Totaled $554.9 min in 2021, according to Future Market Insights. The global protein hydrolyzate ingredients market is estimated to cross $1.0 Bn by 2031, growing at a CAGR of 7.30% in 2021-2031.

The growing popularity of sports nutrition as consumers embrace healthy lifestyles is fueling demand for the sports nutrition segment, especially whey protein hydrolyzate ingredients.

Market dynamics:

Increased consumer awareness about the health benefits of high protein diets and supplements will create growth opportunities for the market. It is also expected to benefit from the growing emphasis on deriving protein hydrolyzate ingredients from the best protein source.

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The growing demand for versatile clinical nutrition with great taste will drive the market over the forecast period. The application in infant formula will also increase, especially in emerging economies, and is expected to drive the consumption of protein hydrolyzate ingredients in the coming years.

Infant formulas infused with protein hydrolyzate ingredients are taking up more and more space on the shelves of convenience stores and supermarkets around the world. With the launch of a large number of new infant and toddler infant formula products, growing awareness of the early nutritional value of infants, and increasing consumer spending on baby healthcare products, the market is expected to grow at an accelerated rate in the coming years.

Regional Market Analysis:

The North American protein hydrolyzate ingredients market is expected to grow at a CAGR of 7.90% over the assessment period. The rise in sales can be attributed to the high consumption of whey protein and other protein ingredients and the expansion of specialty food ingredient processing industries in the United States.

With increasing whey powder production and growing demand for plant-based protein alternatives in the UK and Germany, the European protein hydrolyzate ingredients market is expected to grow at over 6.90% CAGR to 2031.

Asia-Pacific is expected to offer lucrative opportunities for market growth, supported by growing penetration of a large number of infant and toddler formulas in China and Vietnam. Japan and South Korea account for 5.3% and 5.1% of the global market share respectively in 2021.

The growing propensity of consumers to adopt a healthy lifestyle and the increase in the number of health centers and gyms are the main drivers of growth in these countries.

“The introduction of protein snack bars and gels with improved functionality and taste will shape the protein hydrolyzate ingredient market in the future. Rising health conscious population will fuel demand for organic labels, protein bars, whole whey milk drinks and powdered shakes across the globe,” the IMF analyst says.

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Competition follow-up

The major players in the international protein hydrolyzate ingredients market are Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, FrieslandCampina NV and Hilmar Ingredients. These accounted for a cumulative share of ~25-30%.

The major market players are focusing on expanding their product portfolio to consolidate their position in the market. For example, Arla Foods announced its first organic ingredient MicelPure in August 2020, to meet the ever-increasing demand for natural protein ingredients.

MicelPure contains 87% native protein suitable for health foods based on functional ingredients. It is heat stable, contains minimal fat and lactose.

In 2016, Arla Foods launched a new whey protein hydrolyzate specifically designed for gel, powder, milk drink and clear drink applications. The enzymes will break down the whey protein and the ingredient will be absorbed by the body at a faster rate.

The emergence of new players has positively influenced the growth of the market through the launch of new products. In 2021, a new US-based infant formula start-up, ByHeart, announced the completion of its infant formula clinical trials and is on track to become the 4th largest US-based infant formula brand. USA fully integrated FDA registered in the country.

Protein Hydrolyzate Ingredients Market Segmentation:

By type of ingredient:

By product form:

By end use:

  • Infant formula
  • Clinical Nutrition
  • sports nutrition
  • Bakery & Confectionery
  • Sauces and spreads
  • Others

By Regions:

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

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Profiled key companies:

Arla Food Ingredients, Glanbia PLC, FrieslandCampina NV, Kerry Group Plc, Hilmar Ingredients, Armor Proteines, Davisco Foods International, Inc. (Agropur Inc.), Fonterra Co-operative Group Limited, Carbery Group Limited and Costantino & C. spa

Contents

1. Summary

1.1. Market overview

1.2. Market analysis

1.3. MFI analysis and recommendations

1.4. Wheel of Fortune

2. Presentation of the market

2.1. Market definition

2.2. Market Taxonomy

3. Protein Hydrolyzate Ingredients Market Background

3.1. Macroeconomic factors

3.2. Opportunity analysis

3.3. Global Economic Outlook

3.4. Regulatory scenario

3.5. Value chain analysis

3.6. Market dynamics

3.6.1. Drivers

3.6.2. Constraints

3.6.3. Tendencies

3.7. Predictors – Relevance and Impact

4. Global Protein Hydrolyzate Ingredients Market Analysis 2016-2020 and Forecast 2021-2031

4.1. Market Volume Projections (metric tons)

4.2. Market size projections (US$ millions)

4.2.1. Annual projections

4.2.2. Analysis of opportunities in absolute dollars

To continue the table of contents…

Check out IMF’s extensive ongoing food and drink coverage Domain

Protein Ingredients Market Size: The Protein Ingredients Market is estimated to be worth USD 27.5 billion in 2022. According to Future Market Insights (IMF), the overall market value is expected to reach a valuation of USD 47.4 billion by 2032, increasing at a CAGR of 5.6% for 2022-32.

Whey Hydrolysates Market Share: The whey hydrolysates market is expected to register a CAGR of 6.5% during the forecast period from USD 1.4 billion in 2021 to reach a valuation of USD 2.8 billion US dollars by 2032.

Gelatin Hydrolysates Market Trends: The gelatin hydrolysates market is expected to register a high CAGR of 6.8% during the forecast period. The market is currently valued at US$917m and is expected to reach US$1.6bn by 2032.

Market Value of Soybean Hydrolysates: The soybean hydrolysates market is expected to register a CAGR of 4.5% during the forecast period from USD 1.06 billion in 2022 to reach a valuation of USD 1.77 billion. US dollars by 2032.

Milk Protein Hydrolyzate Market Sales: The Milk Protein Hydrolyzate market size exceeded USD 1.0 billion in 2022 and is expected to grow at a CAGR of over 6.9% between 2022 and 2032. of milk protein is growing at a CAGR of 6.9% in 2022 and is expected to reach a market value of USD 1.6 billion in 2032.

Pea Protein Ingredients Market Outlook: Pea Protein Ingredients market sales are estimated to reach US$1.25 billion in 2021. According to Future Market Insights (IMF), the global market value is expected to reach US$2.5 billion US dollars by 2031, increasing at a CAGR of 7.2% between 2021 and 2031.

Soy Protein Ingredients Market Forecast: Soy Protein Ingredients are organic food products used in food processing. They are obtained from defatted and shelled soybean meal. Defatted and dehulled soybeans are often processed into three types of high quality protein, namely; soy flours, soy protein isolates and soy protein concentrates.

Fish Hydrolyzate Market Overview: Growing demand for organic food products has fueled the demand for organic fertilizers. Fish hydrolyzate is one such organic fertilizer that is used to improve plant nutrition through a chemical-free process.

Cream Cheese Market Volume: The global cream cheese market is expected to reach a valuation of US$6,312.5 million in 2022. Cream cheese sales are expected to grow at a robust CAGR of 4.8 % between 2022 and 2030, totaling approximately US$10,088.2 million at the end of 2032.

Butter and Margarine Market Analysis: The global butter and margarine market demand is expected to be valued at US$4,285.4 million in 2022, and is expected to grow at a CAGR of 6.6% to be valued to US$8,135.4 million from 2022 to 2032.

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