Protein Hydrolysates Market Surges to USD 38.84 Billion by 2030, Propelled by 7.1% CAGR – Verified Market Research®
The Global Protein Hydrolysates Market is projected to grow at a CAGR of 7.1% from 2024 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 25.5 Billion in 2023 and is expected to reach USD 38.84 Billion by the end of the forecast period.
The protein hydrolysates market is driven by the rising demand for nutritional supplements and functional foods, increasing consumer awareness of health and wellness, and advancements in protein extraction and hydrolysis technologies. Additionally, the growing application in sports nutrition and infant formulas boosts market growth. However, high production costs, stringent regulatory standards, and potential allergenicity issues serve as significant restraints. Market growth is also hindered by limited consumer awareness in developing regions.
Scope Of The Report
| REPORT ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Arla Foods, Glanbia PLC, Koninklijke DSM N.V., Abbott, Kerry Group PLC, Archer Daniels Midland Company, Danone Nutricia, Nestle S.A., Agrilife, FrieslandCampina. |
| SEGMENTS COVERED | By Source, By Form, By Application, and By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Protein Hydrolysates Market Overview
Rising Demand in Food and Beverage Industry: The Protein Hydrolysates Market is propelled by increasing demand in the food and beverage sector. As consumers prioritize health and wellness, products enriched with proteins, vitamins, and minerals are sought after. This trend drives manufacturers to incorporate protein hydrolysates in nutraceuticals and functional foods, boosting market growth.
Advancements in Food and Beverage Processing Technology: Innovations in food and beverage processing and technology significantly drive the Protein Hydrolysates Market. Enhanced extraction and hydrolysis techniques improve the efficiency and quality of protein hydrolysates, making them more appealing to manufacturers in various sectors, including alternative food sources and nutraceuticals.
Expanding Applications in Nutraceuticals and Functional Foods: The growing application of protein hydrolysates in nutraceuticals and functional foods serves as a major market driver. These products, which offer enhanced health benefits, are increasingly popular among health-conscious consumers, further driving demand in the food and beverage industry.
High Production Costs: The high production costs associated with protein hydrolysates pose a significant restraint in the Protein Hydrolysates Market. The complex and expensive processing technology required can deter small and medium-sized enterprises in the food and beverage sector from adopting these ingredients, impacting market growth.
Stringent Regulatory Standards: Stringent regulatory standards in food and beverage processing and technology can impede market expansion. Compliance with diverse and rigorous regulations in different regions increases the cost and time for product approval, slowing down the market entry for protein hydrolysates, especially in the nutraceuticals and functional foods sector.
Allergenicity and Limited Consumer Awareness: Potential allergenicity and limited consumer awareness in developing regions hinder the Protein Hydrolysates Market. Concerns over allergens may reduce the appeal of protein hydrolysates, while lack of awareness about their benefits restricts their adoption in alternative food sources and nutraceuticals, restraining market growth.
Geographic Dominance:
North America and Europe dominate the Protein Hydrolysates Market, driven by advanced food and beverage processing and technology, high consumer awareness, and robust demand for nutraceuticals and functional foods. The presence of key industry players and extensive R&D activities bolster market growth in these regions. Additionally, Asia-Pacific is emerging rapidly due to increasing health consciousness, expanding food and beverage industries, and rising demand for alternative food sources rich in proteins, vitamins, and minerals.
Protein Hydrolysates Market Key Players Shaping the Future
Major players, including Arla Foods, Glanbia PLC, Koninklijke DSM N.V., Abbott, Kerry Group PLC, Archer Daniels Midland Company, Danone Nutricia, Nestle S.A., Agrilife, FrieslandCampina.. and more, play a pivotal role in shaping the future of the Protein Hydrolysates Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry’s key players.
To get market data, market insights, and a comprehensive analysis of the Global Protein Hydrolysates Market, please Contact Verified Market Research®.
Protein Hydrolysates Market Segment Analysis
Based on the research, Verified Market Research® has segmented the global Protein Hydrolysates Market into Source, Form, Application, And Geography.
- Protein Hydrolysates Market, by Source
- Animal
- Plant
- Protein Hydrolysates Market, by Form
- Liquid
- Powder
- Protein Hydrolysates Market, by Application
- Dietary Supplements
- Infant Formula
- Sports Nutrition
- Clinical Nutrition
- Food and Beverages
- Protein Hydrolysates Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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