Protein Hydrolysate Ingredient Market

Protein Hydrolysate Ingredient Market Growth and Forecast (2022-2027):

The Global Protein Hydrolysate Ingredient Market size was estimated at USD 540.22 million in 2021 and is expected to reach an over of USD 801.14 million by the end of the assessment period 2027. The Protein Hydrolysate Ingredient Market is expected to experience moderate growth to record a CAGR of 8.20% throughout the forecast period 2022 - 2027.

Market Overview:

The ingredients of the protein hydrolysate are peptides derived from proteins. They are rich in protein and are easily absorbed compared to other proteins. The different types of protein hydrolysate ingredients are milk protein hydrolysate and meat protein hydrolysate. These protein hydrolysate ingredients have relatively weak antigenic properties. They also help improve the digestion process and also help reduce protein allergy in babies.

The protein hydrolysate ingredients market is expected to register high growth rates in the coming years due to the demand for growing protein hydrolysate ingredients among consumers because of the associated health and nutritional benefits. The high purity, bioavailability, and digestibility of hydrolysate, when compared with other forms of protein, namely isolates and concentrates, are among their properties that are boosting their demand in the protein ingredient market. However, the presence of other alternatives of protein ingredient forms such as isolates, concentrates is likely to hinder the growth of the market.

Recent Developments in Protein Hydrolysate Ingredient Industry:

• In January 2015, Davisco, Business Unit of Agropur Inc., announces an increase in production capacity and an extension of the BioZate® product range, a family of proteins hydrolyzed whey that completes our portfolio of whey protein-based products for food and nutritional applications.
• Arla Foods Ingredients reinforced its position in the global dairy protein Hydrolysate sector with the opening of a dedicated factory in Nr. Vium, Denmark. The 40 million euro ($ 45 million) facility can produce approximately 4,000 tonnes of whey and casein Hydrolysate per year, creating ingredient solutions for infant, clinical and sports applications. Existing hydrolyzate production by Arla Foods Ingredients will be transferred to the new Nr. Vium site.
• In February 2020, Irish Hydrolysate Ingredient Kerry acquired Pevesa Biotech, a Spanish company specializing in non-allergenic and organic plant protein ingredients for children's, general and clinical nutrition. Kerry said the transaction would expand its position in the Hydrolysate plant protein area and improve its ability to serve the fast-growing organic plant protein market.
• Irish nutrition specialist Kerry has reached an agreement to buy Pevesa Biotech as it seeks to expand its leadership position in the non-allergenic and organic plant protein market. The deal officially announced on February 21, 2020, strengthens Kerry's place in the Hydrolyzed Plant Protein space for specialized nutrition and expands her capacity in the fast-growing, high-quality organic plant protein market.

REPORT COVERAGE:

Drivers and Restraints:

The increasing reach of Protein Hydrolysate Ingredient, especially in the food industry, as well as the growing consumer interest in specialized nutrition, should fuel the growth of the global Protein Hydrolysate Ingredient market in the coming years.

In addition, the ever-increasing vegan population worldwide has increased the demand for vegan food products, as well as protein-rich ingredients, which are likely to remain the critical cause of ingredients in vegetable hydrolysate ingredients. The elements in protein hydrolysate are increasing the demand in clinical nutrition to reduce the viscosity of sips for the elderly. This factor has had a considerable impact on the growth of the Protein Hydrolysate Ingredient market, underpinned by increasing demographic aging and its concerns regarding a balanced diet. With the increasing incidence of lactose intolerance in infants and other gastrointestinal problems caused by consuming infant formula from cow's milk, concerned parents have turned to better alternatives in recent years.

The Protein Hydrolysate Ingredient formula is not only an acceptable alternative but also helps prevent or treat cow's milk side effects, including lactose intolerance and other associated conditions. This is one of the key factors accelerating the expansion of the global market for Protein Hydrolysate Ingredient.

Nutrition product manufacturers are focusing on the formulation and introduction of hydrolysate-based baby food products in their portfolio of baby products with or at high risk of cow's milk allergy (CMA). These enhancements are intended to provide babies with essential nutrition to control AMC and reduce the risk associated with such disorders. Therefore, a significant increase in the use of these ingredients in infant formula is likely to spur revenue growth in the Protein Hydrolysate Ingredient market.

The increasing awareness of a wide range of demographic groups on health and nutrition issues, especially in developed countries, which represent a rising number of wealthy consumers, has dramatically influenced the demand for healthy products such as hydrolysate ingredients. In addition, new trends in the consumption of functional foods for weight loss and weight management are expected to complement the future expansion of the global market for Protein Hydrolysate Ingredient. Use of easily absorbable protein-rich food products has been shown to cause an immediate increase in the number of plasma acids during body training. The ingredients of the Protein Hydrolysate have superior bioavailability and absorption properties than other whole proteins, which is very useful for muscle development and post-exercise recovery. These factors have led to an increased demand for sports nutrition applications, which should occupy the supreme position in the global market for Protein Hydrolysate Ingredient, which accounts for around 30% of the value share. However, the presence of other alternative forms of protein ingredients, such as isolates, concentrates, is likely to hamper the market growth.

Protein Hydrolysate Ingredient Market Segmentation Analysis:

Based on Ingredient Type:                                 

• Milk Protein Hydrolysate  
• Meat Protein Hydrolysate
• Whey Protein Hydrolysate               
• Casein Hydrolysate              
• Others                  

Based on Product Form:                                     

• Powder    
• Gel/ Liquid              
• Bar              

Based on Application:             

• Infant Formula      
• Sports Nutrition    
• Clinical Nutrition   
• Others      

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Insights:

Among all the regions, North America has the highest share in the Protein Hydrolysate Ingredient market. North America and Europe remain the mature market for manufacturers. North America has the largest market for Protein Hydrolysate Ingredient. Growing economies in a region like the Asia Pacific are expected to offer new opportunities during the forecast period due to the growing demand for ready-to-eat infant segments. Technological advances in milk processing plants, combined with the increasing demand for healthy foods in the region, are expected to stimulate market demand for Protein Hydrolysate Ingredient. The United States continues to have the largest share of the global Protein Hydrolysate Ingredient market, followed by Canada and Mexico. The driving forces of the American market are the change in consumption patterns and food needs and the inclination towards vegetarian products for protein sources. In the United States, the soy protein ingredient provides consumers with protein-enriched meat, increasing their consumption. Soy protein is widely used as a meat substitute in the United States; therefore, the market for it is the largest.

Key Players in the Market:

Major Key Players in Global Protein Hydrolysate Ingredient Market are:

• Friesland Campina
• Fonterra Co-Operative Group
• Milk Specialties Group
• Abbott Laboratories
• Arla Foods Ingredients Group P/S
• Agropur Inc
• Danone S.A
• Davisco Foods International, Inc
• Kerry Group plc
• Carbery Group
• Glanbia PLC
• Nestlé S.A
• Tate & Lyle PLC
• Archer Daniels Midland Company