REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 5.7 Billion by 2032 | 6.2% | North America |
By Type | By Application | by Source | By Process | By Form |
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SCOPE OF THE REPORT
Protein Hydrolysates Market Overview
The Protein Hydrolysates Market, valued at USD 3.9 Bn in 2023, is poised to grow to USD 5.7 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2024 to 2032.
Protein hydrolysates are products derived from partial hydrolysis of proteins, containing amino acids, oligopeptides, and polypeptides. They are gaining traction in various industries due to their nutritional benefits and ease of absorption.
In the sports nutrition sector, there is increasing demand for short-chain peptides from hydrolyzed proteins, attributed to their enhanced nutritional value and utilization efficiency. Additionally, phosphoprotein hydrolysates are becoming popular in infant products for their digestibility and absorbability.
The market is witnessing a surge in demand for cost-effective plant-based protein hydrolysates, aligning with the growing popularity of plant-based products. These hydrolysates often contain bioactive peptides, which have demonstrated properties such as anti-cancer, anti-oxidative, anti-hypertensive, anti-thrombotic, and anti-microbial effects. Consumption of protein hydrolysates enriched with these peptides is believed to offer health benefits by helping prevent various disorders.
Despite the market’s growth prospects, several challenges impede its expansion. High production costs due to stringent safety and health criteria pose a significant barrier. Moreover, fluctuations in environmental conditions, especially temperature, can affect the quality of protein hydrolysates, adding to production challenges and costs. The market’s competitiveness restricts producers from raising prices freely, impacting profit margins and hindering growth opportunities.
Protein Hydrolysates Market Report Scope:
ATTRIBUTE | DETAILS |
Market Size Value In 2023 | USD 3.9 Billion |
Revenue Forecast In 2032 | USD 5.7 Â Billion |
Growth Rate CAGR | CAGR of 6.2% from 2024 to 2032 |
Historic Year | 2019 to 2023 |
Quantitative Units | Representation of revenue in US$ Bn, Volume (MT) and 6.2% CAGR from 2024 to 2032 |
Forecast Year | 2024-2032 |
Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
By Type |
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By Application |
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Regional Scope |
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Country Scope | US, Canada; Germany, UK, France; China, Japan, India; Brazil, Argentina; GCC countries, South Africa |
Key Players | Krishna Enzytech Pvt Ltd, Titan Biotech, Fonterra Co-operative Group Limited, Carbery Group, Roquette Frères, APC – Watch Them Thrive, Kemin Industries, Inc., Costantino & C. spa, AMCO Proteins, Ingredia, Axiom Foods, Inc. |
Customization Scope | Reports can be customized for free when the report is purchased and the regional and segment scopes are changed with specific geographic environment of competition. |
Market Dynamics
Market Opportunities:
Health and Wellness Trends: With a growing emphasis on health and fitness, there’s increased demand for protein supplements and functional foods. Protein hydrolysates, which are pre-digested proteins that are easier to absorb, are well-positioned to capitalize on this trend.
Sports Nutrition: Athletes and fitness enthusiasts seek high-quality protein sources for muscle recovery and performance enhancement. Protein hydrolysates are favored for their rapid absorption and effectiveness in supporting muscle repair.
Personalized Nutrition: There is a growing trend towards personalized nutrition and dietary supplements tailored to individual needs. Protein hydrolysates can be customized for specific health goals or dietary requirements, offering potential for niche market segments.
Market Trends
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Health and Wellness Trends: Growing consumer awareness about the benefits of protein intake, including muscle recovery and immune support, is boosting the demand for protein hydrolysates in dietary supplements and functional foods.
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Sports Nutrition: There’s a rising trend in sports nutrition, where protein hydrolysates are valued for their faster digestion and absorption compared to other forms of protein, making them popular among athletes and fitness enthusiasts.
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Functional Foods and Beverages: Protein hydrolysates are increasingly used in functional foods and beverages, including energy bars, drinks, and meal replacements, due to their digestibility and ability to improve the nutritional profile of these products.
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Aging Population: With an aging global population, there’s a growing demand for protein hydrolysates in products aimed at improving muscle mass and bone health in older adults.
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Innovations and Technology: Advances in hydrolysis technology are improving the functionality and quality of protein hydrolysates, expanding their applications and enhancing their appeal to manufacturers.
Competitive Landscape
The protein hydrolysates market features a competitive landscape with key players striving for market share through innovation, strategic partnerships, and geographical expansion. Major companies such as Cargill, Incorporated, ADM, Tatua, and others are focusing on research and development to introduce novel products and improve existing formulations. These companies also emphasize sustainability and quality assurance to meet stringent regulatory standards.
In recent years, mergers and acquisitions have been prominent strategies among market players to enhance their product portfolios and expand their global presence. For instance, acquisitions like ADM’s purchase of PT Trouw Nutrition Indonesia have bolstered their capabilities in functional and nutritional solutions, particularly in the animal nutrition segment.
Moreover, partnerships with research institutions and universities are aiding companies in developing advanced technologies for protein hydrolysate production. This collaborative approach not only fosters innovation but also strengthens market position by addressing consumer demands for cleaner-label and sustainable products.
Key Players:
- Cargill, incorporated.
- ADM
- Tatua
- Azelis Group
- Armor Protéines
- FrieslandCampina
- Arla Foods amba
- Hofseth BioCare ASA
- Kerry Group PLC
- Glanbia plc, Krishna Enzytech Pvt Ltd
- Titan Biotech
- Fonterra Co-operative Group Limited
- Carbery Group
- Roquette Frères
- APC – Watch Them Thrive
- Kemin Industries, Inc.
- Costantino & C. spa
- AMCO Proteins
- Ingredia
- Axiom Foods, Inc
- Hilmar Cheese Company Inc.
- CRESCENT BIOTECH.
- Chaitanya Agro Biotech Pvt. Ltd.
- Kavya Pharma.
Recent Developments:
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Hilmar Cheese Company, Inc. introduced Hilmar PROtelyze Extend, a hydrolyzed whey protein isolate tailored for nutrition bars, enhancing protein content and maintaining texture quality after extended storage.
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ADM announced the acquisition of PT Trouw Nutrition Indonesia, enhancing its capabilities in functional and nutritional solutions for livestock production.
Regional Analysis
Geographically, the North American market holds a significant revenue share, driven by high disposable incomes and increased adoption of protein hydrolysates in sports and baby nutrition. The region’s robust research and development efforts also contribute to market growth. Meanwhile, the Asia Pacific region is experiencing rapid growth, fueled by rising health consciousness and increased demand for protein-based products.
Segments Covered
The protein hydrolysates market is segmented based on product type, application, source, process, and form:
Product Type:
- Includes milk (whey, casein)
- Meat (bovine, swine, poultry)
- Marine (fish, algae)
- Egg, plant (soy, wheat, others)
- Yeast protein hydrolysates.
Application:
- Segmented into infant nutrition
- Sports nutrition, clinical nutrition
- Weight management
- Dietary supplements
- Animal feed
- Food & beverage.
Source:
- Plants
- Microbes.
Process:
- Divided into acid/alkaline hydrolysis
- Enzymatic hydrolysis.
Form:
- Available in liquid
- Dry forms
FAQ
The Protein Hydrolysates Market Size was valued at USD 3.9 Bn in 2023 and is projected to reach USD 5.7 Bn by 2032.
The Protein Hydrolysates Market is expected to grow at a CAGR of 6.2% during the forecast period from 2024 to 2032.
Key players include Kemin Industries, Inc., A. Costantino & C. spa, AMCO Proteins, Ingredia, Axiom Foods, Inc., Hilmar Cheese Company, Inc., CRESCENT BIOTECH, and others.
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