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Protein Hydrolysate Ingredients Market Segmented By Whey Protein Hydrolysate Ingredients, Meat Protein Hydrolysate Ingredients, Casein Hydrolysate Ingredients, Milk Protein Hydrolysate Ingredients, Plant Protein Hydrolysate Ingredients in Liquid and Powder Form, Used in Sports Nutrition, Clinical Nutrition, Infant Formula, Sauces and Spreads, Bakery and Confectionery
Growth in global demand for specialty ingredients has led to the development of protein hydrolysate ingredients market which is projected to exceed a value of US$ 1 billion by 2018, expanding at remarkable CAGR of 7.3% through 2028.
Rising scope of application of protein hydrolysate ingredients, especially in the food industry, along with growing consumer interest in specialist nutrition are likely to favor the growth of global protein hydrolysate ingredients market in the coming years.
In addition, growing vegan population worldwide has surged the demand for vegan food products as well as high-protein ingredients which will possibly remain the demand driving determinants of plant-based protein hydrolysate ingredients.
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Protein hydrolysate ingredients are gaining increasing demand in clinical nutrition for lowering the viscosity of sip feeds for aged and elderly people. This factor has substantially impacted the growth of protein hydrolysate ingredients market, backed further by rising aging demographic and their concerns about balanced diet.
With increasing incidence of lactose intolerance in infants and other gastrointestinal problems caused by the consumption of cow milk-based infant formula, concerned parents have been shifting toward better alternatives in the recent years.
Protein hydrolysate ingredients-based formula is not only an acceptable alternative but also helps avoid or treat adverse reactions to cow milk including lactose intolerance and other associated conditions. This is among key factors accelerating the expansion of global protein hydrolysate ingredients market.
Nutritional product manufacturers are focusing on formulation and introduction of infant food products based on hydrolysate in their product portfolio for infants suffering from or at high risk of cow’s milk allergy (CMA).
These improvements are targeted to provide infants with essential nutrition to manage CMA and lower the risk associated with such disorders. Thus, significant rise in the use of these ingredients in infant formula products are likely to drive the revenue growth of protein hydrolysate ingredients market.
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Get a Customized VersionGrowing awareness among wide range of demographic about health and nutrition-related issues, especially in developed countries which represent rising number of affluent consumers, has largely influenced the demand for healthy products such as protein hydrolysate ingredients.
Further, emerging trends of consuming functional foods for body slimming and weight management are foreseen to complement the future expansion of global protein hydrolysate ingredients market.
Consumption of easily absorbable protein-rich food products have been shown to result in instant surge in the quantity of plasma acids over body workouts. Protein hydrolysate ingredients have greater bioavailability and absorption properties than other whole proteins, which is highly useful for muscle building and post-exercise recovery.
These factors have led to an increase in demand for applications in sport nutrition which is expected to hold the supreme position in the global protein hydrolysate ingredients market, accounting for around 30% of the value share.
Introduction of premium sports nutrition brands in the market along with increasing adoption of protein hydrolysate ingredients among sports nutrition product manufactures are anticipated to trigger the demand and supplement of growth of global protein hydrolysate ingredients market.
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Heavy investments in R&D activities to generate products with reduced bitterness in taste remains one of the key growth strategies of leading players in protein hydrolysate ingredients market.
In addition, rapid penetration of modern technology and social media had increased the purchase of various products including sports nutrition and infant formula through online shopping sites in different regions. Substantial increase in online sales of these products are likely to create lucrative opportunities for key player in global protein hydrolysate ingredients market.
Some of the leading players include Arla Food Ingredients, Costantino & C. spa, Fonterra Co-operative Group Limited, Armor Proteines, Kerry Group Plc, Glanbia Plc, Carbery Group Limited, Davisco Foods International, Inc., Hilmar Ingredients, FrieslandCampina N.V., Tate & Lyle plc, Abbott Laboratories, Agropur Inc., Danone S.A. and Archer Daniels Midland Company.
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