The global protein hydrolysates market size was valued at USD 2.5 billion in 2017 and is projected to reach USD 4.1 billion by 2023, at a CAGR of 8.6% during the forecast period. Growth in the market can be attributed to the increasing demand for nutritional food and growing health consciousness among consumers. The demand for the protein hydrolysate as a dietary supplement in infant nutrition and in nutraceuticals, is expected to drive market growth.

Weight management application is projected to be the fastest-growing in the protein hydrolysates market

The weight management segment is projected to grow at the highest rate between 2018 and 2023 In terms of both volume and value among all other application segment. Protein hydrolysates is considered to be as a premium ingredient and highly preferred infant nutrition ingredient among the end-users manufactures. Owing to various benefits such as easy to digest and decreasing milk allergy, demand for protein hydrolysates are significantly growing in the weight management products. The most common protein hydrolysates seen in weight management whey protein hydrolysates.

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Infant Nutrition: The most widely preferred protein hydrolysates application

The infant nutrition segment is estimated to account for the largest share in the protein hydrolysates market, in terms of value, in 2018. Protein is one of the three major macronutrients that help build tissue structure. Protein deficiency is one of the significant reasons for malnutrition among the population, especially among infants across the world. Protein hydrolysates are beneficial for all infant formula as they are easy to digest. Amongst other reasons, food allergies and the inability to breastfeed also contribute to the development of infant nutrition products.

Increase in demand for organic food ingredients provide market opportunities

Rising demand for organic food & beverages worldwide, especially across developed and high-income countries, translates into huge opportunities for food & beverage ingredient manufacturers worldwide. Significant growth has been identified for organic infant nutrition, which can create huge opportunities for premium food ingredient manufacturers. Enzymatic hydrolysis is an organic process of extracting protein; and, protein hydrolysate is mostly extracted through enzymatic hydrolysis process.

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North America estimated to be the most lucrative market for protein hydrolysates

In 2018, the North America region is estimated to hold a significant share in the global protein hydrolysates market whereas Asia Pacific is projected to grow at the highest CAGR during the forecast period. The presence of large food & beverage and nutraceutical industries offers the North American protein hydrolysates market a prominent consumer base as well as growth prospects. The Asia Pacific market is driven by the economic growth of the region, coupled with the increasing demand for nutritious food & beverage products.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Abbott Nutrition (US), Koninklijke DSM N.V. (Netherlands), Kerry Group (Ireland), FrieslandCampina (Netherlands), and Arla Foods (Denmark).

Key Questions Answered:

• What are the upcoming trends in the protein hydrolysates market?
• Major key players and their respective share in the market?
• Which is the largest and fastest growing segment by type both in terms of value and volume?
• Which region has the highest growth potential in the market?