Dublin, July 12, 2018 (GLOBE NEWSWIRE) -- The "Protein Hydrolysates Market by Type, Application, Process, Source, Form, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The protein hydrolysates market is projected to have a CAGR of 8.56%, to reach USD 4.13 billion by 2023, from USD 2.74 billion in 2018.
The demand for protein hydrolysates is projected to be on the rise, owing to factors such as an increase in demand for nutrition-based products-which include clinical nutrition and infant formulas-animal feed, and weight management products. Increased use of premium ingredients with high protein content in nutritional food products creates significant demand for protein hydrolysates around the world. Also, increasing health awareness, leading to the consumption of functional and nutritional food among consumers is another considerable growth driving factors for the global protein hydrolysates market. However, high R&D cost and stringent government regulations have been restraining the growth of this market, worldwide.
The protein hydrolysates market, by type, has been segmented into milk protein hydrolysates, plant protein hydrolysates, animal protein hydrolysates, marine protein hydrolysates, egg protein hydrolysates, and yeast protein hydrolysates. Milk protein hydrolysates have emerged as the most widely used type owing to their multi-functional properties and their vast application in infant formula, clinical nutrition, and weight management.
Based on source, the animal segment is estimated to have the largest market share in 2018. Factors such as high protein content in animal sources such as milk are drivers for this segment in the protein hydrolysates market.
The protein hydrolysates market, on the basis of application, has been segmented into infant nutrition, clinical nutrition, weight management, and animal feed. Protein hydrolysates have been gaining importance in the infant nutrition segment because of growing concerns about milk allergy/lactose intolerance in infants, which drives the demand for low-lactose, high-protein infant nutrition products.
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 application segments. Owing to benefits such as easy digestibility, demand for protein hydrolysates is significantly growing in weight management products. The most common protein hydrolysates seen in weight management are whey protein hydrolysates.
The Asia Pacific market is estimated to be the fastest-growing, in terms of both value and volume, in the global protein hydrolysates market, during the forecast period. This region comprises developing economies such as China, India, and Malaysia as well as Singapore, which are among the fastest growing markets for protein hydrolysates in the region. The increase in population and per capita income in China and India, clubbed with increasing preference for protein hydrolysate products is expected to drive the demand from end-user markets such as animal feed, clinical nutrition, and infant nutrition. China's protein hydrolysates market is projected to grow at the highest rate among Asia Pacific countries during the forecast period.
Key Topics Covered
1 Introduction
1.1 Market Definition
1.2 Market Scope
1.3 Periodization Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries, By Company Type, Designation, and Region
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Market Opportunities for Protein Hydrolysate Manufacturers
4.2 Protein Hydrolysates Market Size, By Region
4.3 Asia Pacific Protein Hydrolysates Market, By Country and Application
4.4 North America: Protein Hydrolysates Market, By Type
4.5 Market, By Application
4.6 Protein Hydrolysates Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Insights
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Demand for Protein Hydrolysates for Infant Nutrition Products
5.3.1.2 Protein Deficit Among the Population
5.3.1.3 Consumer Awareness About the Benefits of Following A Healthy Diet
5.3.1.4 Rapidly Growing Health & Fitness and Sports Nutrition Markets
5.3.1.5 Increase in Demand for Feed
5.3.2 Restraints
5.3.2.1 High R&D Costs
5.3.2.2 Stringent Government Regulations
5.3.2.2.1 Regulations for Animal Proteins
5.3.2.2.2 Regulations in the Eu to Have A Negative Influence on the Protein Market
5.3.3 Opportunities
5.3.3.1 Minimization of Production Cost
5.3.3.2 Increase in Demand for Organic Food Ingredients
5.3.4 Challenges
5.3.4.1 Limited Awareness in Developing Countries
5.3.4.2 Adulteration of Nutritional Products
5.4 Pricing Analysis:
6 Industry Trends
6.1 Introduction
6.2 Supply Chain
6.2.1 Prominent Companies
6.2.2 Small & Medium Enterprises
6.2.3 End Users
6.2.4 Key Influencers
6.3 Patent Analysis
7 Protein Hydrolysates Market, By Type
7.1 Introduction
7.2 Milk Protein Hydrolysates
7.2.1 Whey
7.2.2 Casein
7.3 Animal Protein Hydrolysates
7.4 Meat
7.4.1 Bovine
7.4.2 Swine
7.4.3 Poultry
7.5 Marine Protein Hydrolysates
7.5.1 Fish
7.5.1.1 Tuna
7.5.1.2 Cod
7.5.1.3 Salmon
7.5.1.4 Others
7.5.2 Algae
7.6 Egg Protein Hydrolysates
7.7 Plant Protein Hydrolysates
7.7.1 Soy
7.7.2 Wheat
7.7.3 Others
7.8 Yeast Protein Hydrolysates
8 Protein Hydrolysates Market, By Application
8.1 Introduction
8.2 Infant Nutrition
8.3 Clinical Nutrition
8.4 Weight Management
8.5 Animal Feed
9 Protein Hydrolysates Market, By Source
9.1 Introduction
9.2 Animals
9.3 Plants
9.4 Microbial
10 Protein Hydrolysates Market, By Process
10.1 Introduction
10.2 Acid & Alkaline Hydrolysis
10.3 Enzymatic Hydrolysis
11 Protein Hydrolysates Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Italy
11.3.5 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 Australia & New Zealand
11.4.4 Rest of Asia Pacific
11.5 Rest of the World (RoW)
11.5.1 South America
11.5.2 The Middle East & Africa
12 Competitive Landscape
12.1 Overview
12.2 Company Ranking
12.3 Competitive Scenario
12.3.1 Expansions & Investments
12.3.2 Acquisitions
12.3.3 Partnerships, Mergers, Joint Ventures, and Agreements
12.3.4 New Product Launches
13 Company Profiles
13.1 Abbott Laboratories
13.2 Koninklijke DSM N.V.
13.3 Kerry Group PLC
13.4 Frieslandcampina
13.5 Arla Foods
13.6 Tate & Lyle PLC
13.7 Archer Daniels Midland Company
13.8 Glanbia PLC
13.9 Danone Nutricia
13.10 Amco Proteins
13.11 Hilmar Ingredients
13.12 Roquette
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