Protein Hydrolysate Market Emerging Trends, Growth Opportunities and Industry Statistics Till 2030
According to a recent report by Reports and Data, the global Protein Hydrolysate Market is expected to reach USD 1,320.29 Million by 2030, with a revenue CAGR of 7.30% during the forecast period. The market growth is being driven by the increasing demand for protein-based dietary supplements and protein hydrolysates from athletes. Protein hydrolysate aids in accelerating post-workout recovery by restoring muscle glycogen depleted during exercise. It is also a superior protein source and is commonly used by individuals undergoing medical procedures or those who are unable to absorb protein from regular sources.
Protein hydrolysates are partially or extensively broken down, resulting in smaller amino acids that are easy to absorb. They are useful in preventing malnutrition and allergies, and their inclusion in infant formula is increasing. Additionally, plant-based protein hydrolysates are gaining popularity due to their ability to improve productivity and quality of agronomic and horticulture crops, as well as their potential to reduce negative impacts of drought, salinity, and heavy metals on plants.
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The powder form of protein hydrolysate accounted for the largest revenue share in 2020 due to its ability to reduce stomachache, gut issues, and digestive distress. The infant nutrition segment also accounted for a large revenue share, as protein hydrolysate can reduce infant allergies and is a nutritionally safe source of protein. The enzymatic segment accounted for a larger revenue share, as it has several advantages such as greater reaction velocity, specificity, and a mild process environment.
Some key Players in the global protein hydrolysate market:
Abbott, Kerry, Nestle, Parabel Nutrition, Healy Group, FrieslandCampina, DSM, ADM Company, Danone, and Glanbia, PLC.
Driving Factors of Protein Hydrolysate Market:
- Increasing Demand for Protein-Based Dietary Supplements: The demand for protein-based dietary supplements is increasing globally, which is driving the growth of the protein hydrolysate market. Protein hydrolysates are widely used in dietary supplements due to their high nutritional value and easy absorption.
- Growing Popularity of Sports Nutrition Products: The growing popularity of sports nutrition products, such as protein bars, drinks, and powders, is driving the demand for protein hydrolysates. Athletes and fitness enthusiasts prefer protein hydrolysate-based sports nutrition products due to their ability to promote post-workout recovery and improve performance.
- Rising Demand for Infant Nutrition Products: The use of protein hydrolysates in infant formula is increasing due to their low lactose content and ability to prevent allergies and malnutrition. The rising demand for infant nutrition products is driving the growth of the protein hydrolysate market.
Restrain of Protein Hydrolysate Market
- High Cost of Protein Hydrolysates: Protein hydrolysates are expensive compared to traditional protein sources, which may restrain market growth, particularly in developing regions.
- Stringent Regulations: The protein hydrolysate market is subject to several regulations and quality standards, which may increase the cost of production and limit the market growth.
- Availability of Alternative Protein Sources: The availability of alternative protein sources, such as soy protein, whey protein, and casein protein, may limit the demand for protein hydrolysates.
- Limited Awareness about Protein Hydrolysates: Limited awareness about the benefits of protein hydrolysates among consumers and healthcare professionals may restrain market growth.
- Side Effects of Protein Hydrolysates: Some people may experience side effects, such as digestive issues, after consuming protein hydrolysates. These side effects may limit the demand for protein hydrolysates.
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