Industry Outlook and Trend Analysis
The global Protein Hydrolysate Market was worth USD 404.17 million in 2014 and is expected to reach approximately USD 822.18 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.21% during the forecast period. Positive application viewpoint in from sports, infant and clinical is foreseen to drive protein hydrolysate market. Expanding income levels alongside switch in consumer inclinations towards nutritional products will drive the development. Simple edibility of these products when compared with in place proteins gives them as edge for use in infant formulas. Solid development rate is expected from arranged prepared baby food industry which is reinforced by expanding requirement from working women with busy schedule and insufficient time to make healthy meals. Expanded customer awareness about nutritious content in foods will drive worldwide protein hydrolysates market.
Product Outlook and Trend Analysis
Whey protein hydrolysates is anticipated to encounter significant development throughout the forecast period. Expanding application scope in games and infant nourishment owing high dietary esteem and simple edibility should drive industry development. They have special uses in sports nutrition since its admission comes about into better conveyance of sustenance into human body as it prompts speedier ingestion of amino acids.
Application Outlook and Trend Analysis
The infant formula segment will keep on witnessing consistent development with fast urbanization, spending power per infant, upsurge in per-capita income in developing countries. Development of internet business and online stores as a means of distribution is getting down to business worldwide request. Protein hydrolysate market measure from sports nourishment is foreseen to witness solid improvement in the following years.
Form Outlook and Trend Analysis
These products are made in powder well as in fluid frame through hydrolysis process which ordinarily incorporates enzymatic hydrolysis, autolysis, microbial hydrolysis, and acid hydrolysis. Powder based protein hydrolysates market is anticipated to encounter significant development throughout the estimate time frame. Powder based products are favoured by purchasers as they have longer time span of usability. Liquid products are less expensive than powder based as they have shorter timeframe of usability and are predominantly used in animal feed applications.
Regional Outlook and Trend Analysis
Europe Protein hydrolysate market is anticipated to encounter significant growth over the forecast period. Expanded spending on sports nutrition combined with compelling advertising efforts of best producers to pull in mass buyer with low price offerings will drive the market demand. China protein hydrolysate market is foreseen to witness critical development owing to change in decade long single child policy in 2016.
The market is extensively competitive due to the wide application of the product in sports nutrition. The leading players in the market are Glanbia Plc, Abbott Nutrition, Nestlé, Arla Foods, Tate & Lyle, Kerry Group, FrieslandCampina and Danone.
The Protein Hydrolysate Market is segmented as follows-
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?