The global protein hydrolysates market size is estimated to showcase impressive growth owing to the increasing demand for protein supplements among consumers globally, observes Fortune Business Insights™ in an upcoming report, titled, “Protein Hydrolysates Market Size, Share & Industry Analysis, By Type (Animal Protein Hydrolysates, Plant Protein Hydrolysates), By Application (Dietary Supplements, Infant Nutrition, Animal Nutrition) Others and Regional Forecast, 2021-2028.” Protein hydrolysates are a potential source of bioactive peptides, consuming which can be helpful in the prevention of several diseases including cancer.
The COVID-19 pandemic is growing to be the biggest health emergency of all time. The unprecedented spread of the novel coronavirus has led countries to enforce nationwide, prolonged lockdowns, due to which businesses across the world have come to a standstill. At Fortune Business Insights™, we closely study the market from various perspectives in order to identify new growth opportunities. We offer better decision-making capabilities and actionable insights through our comprehensive market reports based on our expertise and experience in the field of market research.
Highlights of the Report:
While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.
Drivers & Restraints-
Rising Demand for Protein Supplements to Drive Growth
The increasing demand for protein supplements among people, especially in athletes and strength trainers, due to their high requirement is anticipated to drive the growth of the global protein hydrolysates market. In addition, the necessity to consume more protein in older adults is estimated to further enhance growth. For instance, as per the National Center for Biotechnology Information, mid-life adults and exercisers require more protein than the amount recommended in Recommended Dietary Allowance (RDA) to support their muscle growth. However, the availability of alternatives is predicted to limit the growth of protein hydrolysates.
Regional Insights-
Increasing Income Levels in Developing Countries to Help Asia Pacific Flourish
The protein hydrolysates market in Asia Pacific is estimated to showcase significant growth in the forecast period. The increasing per capita income of the middle-class population countries including China and India is driving the growth of protein hydrolysates in the region. In addition, increasing awareness regarding infant nutrition is predicted to strengthen the demand.
The market in North America is anticipated to exhibit promising growth during the projected timeline. Increasing research and development activities in the U.S. regarding new applications of the product in various industry verticals is expected to drive the growth of protein hydrolysates in the region.
Competitive Landscape-
Finding New Applications to Aid Key Players Gain Prominence
Key manufacturers operating in the global protein hydrolysates market are focusing on research and development activities in order to find new methods and applications for the product. This will help them gain prominence over other enterprises. For instance, in November 2016, Arla Foods launched four new varieties of whey protein hydrolysates, which can be used to make gel, powder, and milky as well as clear beverages.
Industry Developments-
- In August 2019, Parabel USA, Inc. launched a pure protein hydrolysate made from water lentils. The product is allergen-free substitute for other plant based protein hydrolysate such as pea and soy.
- In June 2018, Healy Group, with its partner Pevesa, launched whey protein hydrolysates in the UK. The product is available in degrees of 5%, 10% and 20% hydrolysis and has application in sports nutrition beverages.
A List of Key Manufacturers Operating In the Protein Hydrolysates Market Report:
· Arla Foods
· Glanbia PLC
· Koninklijke DSM N.V.
· Abbott, Kerry Group PLC
· Tate & Lyle PLC
· Archer Daniels Midland Company
· Danone Nutricia
· Nestle S.A.
· Agrilife
· BRISK BIO
Browse Summary
https://www.fortunebusinessinsights.com/protein-hydrolysates-market-102287
