Protein Hydrolysates Market Size & Growth Analysis Report, 2032
Protein Hydrolysates Market Share, Growth, Report, 2024-2032

Protein Hydrolysates Market Share, Size, Trends, Industry Analysis Report, By Source (Plants and Animals); By Form; By Application; By Region; Segment Forecast, 2024- 2032

  • Published Date:Feb-2024
  • Pages: 118
  • Format: PDF
  • Report ID: PM4528
  • Base Year: 2023
  • Historical Data: 2019 – 2022

Report Outlook

Protein Hydrolysates Market size was valued at USD 970.81 million in 2023. The market is anticipated to grow from USD 1,014.46 million in 2024 to USD 1,544.06 million by 2032, exhibiting a CAGR of 5.4% during the forecast period.

Protein Hydrolysates Market Overview

Protein hydrolysates are a pure form of protein, formed during the hydrolysis process by breaking down the molecule of amino acids. Hydrolysates are mainly broken into smaller peptides that are used to avoid digestive intolerance among adults and infants. Factors such as increasing market trends for protein hydrolysates in infant foods are driving the market growth. In addition, plant and animal-based foods are increasingly becoming popular as a supplementary diet among sports enthusiasts, which will ultimately provide market opportunities for protein hydrolysates.  

  • For instance, FrieslandCampina Ingredients is offering Hyvital Whey EtD 120 protein hydrolysates having key ingredients such as Acid Whey. The protein content in the product is considered to be 77%, which is obtained from an animal-based source.

Moreover, the market overview is assisted by the high growth rate of the population in the Asia Pacific region coupled with the presence of younger generations in countries such as India and China, which tend to be one of the major driving factors for protein hydrolysates market growth. For instance, according to an industry report by Growth for Knowledge, millennials accounted for 28.6% of the global population during the year 2022. In addition, the population of Gen Z was reported to be 23.5% of the global population during the period mentioned above. Accordingly, the presence of a large younger population in the region is proliferating the demand for protein hydrolysates.

Protein Hydrolysates Market Size

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The research report offers a quantitative and qualitative analysis of the Protein Hydrolysates Market to enable effective decision-making. It covers the key trends and growth opportunities anticipated to have a favorable impact on the market. Besides, the study covers segment and regional revenue forecasts for market assessment.

Protein Hydrolysates Market Dynamics

Market Drivers

Increasing demand for dietary supplements among the population is driving the market growth

Dietary supplements have increasingly become popular among the younger generation, including the millennials. Owing to the increased intake of chemical-based food products in dietary consumption has raised health-related concerns among the existing population, ultimately raising the demand for substitutes such as protein hydrolysates.  

Moreover, individuals are increasingly adopting the application of vitamins and dietary supplements within conventional food items. Health supplements such as minerals, sports nutrition, herbs, botanicals, and others are increasingly becoming popular among individuals due to rising health concerns. Furthermore, owing to adverse health-related factors caused by the pandemic have led to a rise in demand for plant and animal-based protein hydrolysates.

For instance, according to Sunrise Consumer Health and Nutrition report, the Indian dietary and supplements market was valued at USD 4.51 billion during the year 2021. Further, the key factors driving the demand for protein hydrolysates are attributed to the growing promotion of supplementary food products in addition to conventional food, which is proliferating the market growth.

Market Restraints

The usage of acid during the hydrolysis process of obtaining protein hydrolysates is restraining the market growth

The manufacturing of protein hydrolysates involves a hydrolysis process that breaks down amino acids present in the compound with the application of chemically modified acids. Further, the application of acid during the process destroys certain amino acids, such as tryptophan, resulting in the loss of essential dietary components. Further, the process causes a diminishing of amino acid composition, resulting in the loss of various other vital nutrients and peptides, ultimately reducing the product quality.

Report Segmentation

The market is primarily segmented based on source, form, application, and region.

By Source

By Form

By Application

By Region

  • Plants
  • Animals
  • Powder
  • Liquid
  • Sports Nutrition
  • Infant Nutrition
  • Dietary Supplements
  • Clinical Nutrition
  • Animal Feed
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Protein Hydrolysates Market Segmental Analysis

By Source Analysis

  • Plant-based protein hydrolysates tend to hold the largest market share during the year 2023, owing to the rising inclination of individuals towards vegan food. Owing to key attributes such as easy digestion and better nutritional benefits being offered are driving the market growth for plant-based protein hydrolysates. Moreover, the cosmetic and personal care sector is also increasingly adopting plant protein hydrolysates for skin rejuvenating products.
  • For instance, based on an industry report, Aarkay Food Products Ltd., a manufacturer of plant-based hydrolyzed protein, is offering various forms of spray-dried fruit powder used to enhance the taste, texture, and color of food.

By Form Analysis

  • Based on form, the protein hydrolysates market is bifurcated into powder and liquid form. Powder-based form is accounted to hold a major market share during the year 2023 owing to the nature of storage and handling capabilities. Moreover, rising market trends for low-cost production and maintenance are boosting the industry’s demand for powder-based protein hydrolysates. Also, advantages such as convenience in handling and hazard-proof transportation are further promoting the growth of the powder-based protein hydrolysates market.
  • For instance, APC has a unique product segment, namely, Savorings 700, containing hydrolysed natural flavors ingredient that has varied applications, including treats, supplements, and foods. 

By Application Analysis

  • Based on application, the dietary supplements segment accounted for the largest market share during the year 2023 and is also projected to grow at the fastest rate during the forecast period, 2024-2032. The key factors contributing to the growth of the segment are the rising demand for protein-based supplements among sports enthusiasts and the growing numbers of vegan food consumers across the globe. 
  • For instance, in 2019, Arla Foods Ingredients Group launched Lacprodan HYDRO.365, known as sparkling protein water, which mainly contains whey protein hydrolysates. The product's key features include sugar-free content, high protein, and others.

Protein Hydrolysates Market Regional Insights

The North America region dominated the global market with the largest market share in 2023.

The North America region dominated the global market with the largest market share in 2023. The growth of the region is largely attributed to the rapid adoption of vegan and healthy dietary supplements among a large section of the population. Moreover, the presence of key players, including Abbott Laboratories and ADM, mainly headquartered in the U.S., is increasingly focusing on the industry demand for dietary supplement products. In addition, rising awareness towards the intake of protein-based amino acids coupled with conventional food has been promoting the growth of the protein hydrolysates market in the region.

For instance, in November 2023, Abbott launched the new PediaSure, which contains a Nutri-Pull System to support overall body growth and health among children. The key ingredients include 37 important nutrients with added casein phosphopeptides (CPPs).

Moreover, Asia Pacific is estimated to grow at the fastest growth rate during the forecast period, owing to rising concerns about health and the gradual adoption of healthy dietary supplements. The key factor attributing to a potential rise in demand for protein hydrolysates is the lack of micronutrients in the food being consumed by a large section of the population. The presence of micronutrients such as Vitamin A, Vitamin B12, Iron, and Zinc in protein hydrolysates-based dietary supplements is expected to provide better health. Therefore, owing to the aforementioned factors and the increasing requirement for micronutrient-based food, it will promote the market opportunities for protein hydrolysates in the region during the forecast period. 

Competitive Landscape

The protein hydrolysates market is fragmented and is anticipated to observe competition among existing players. Existing players in the market are striving to remain upgraded with technology and are constantly ensuring to increase their production efficiency, safety, and integrity. Moreover, existing players are focused on product innovation, collaboration, merger, and acquisition strategies over their peers to capture a significant market share.

Some of the major players operating in the global market include:

  • Kerry Group Plc.
  • CRESCENT BIOTECH
  • New Alliance Dye Chem Pvt. Ltd.    
  • Arla Foods Ingredients Group
  • AMCO Proteins
  • Ingredia S. A
  • Carbery Group
  • Kemin Industries, Inc.
  • ADM
  • FrieslandCampina Ingredients
  • Glanbia PLC
  • Abbott
  • APC

Recent Developments

  • In April 2021, Biocatalysts Ltd. launched an enzyme Promod 517MDP (P517MDP) that increases the solubility and digestibility of amino acids and peptides in infant foods.
  • In November 2021, APC launched hydrolyzed protein products such as Pepteiva, Peptein, and Cravings, an important nutrition that reduces the need for medication among live stocks and reduces the environmental impact.

Report Coverage

The protein hydrolysates market report emphasizes key regions across the globe to provide a better understanding of the product to the users. Also, the report provides market insights into recent developments and trends and analyses the technologies that are gaining traction around the globe. Furthermore, the report covers an in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.

The report provides a detailed analysis of the market while focusing on various key aspects such as competitive analysis, source, form, application, and futuristic growth opportunities.

Protein Hydrolysates Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1014.46 million

Revenue forecast in 2032

USD 1,544.06 million

CAGR

5.4% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Source, By Form, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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FAQ's

The global protein hydrolysates market size is expected to reach USD 1,544.06 Million by 2032

Key players in the market are Kerry Group Plc., CRESCENT BIOTECH, New Alliance Dye Chem Pvt

North America contribute notably towards the global Protein Hydrolysates Market

Thin Protein Hydrolysates Market exhibiting a CAGR of 5.4% during the forecast period.

The Protein Hydrolysates Market report covering key segments are source, form, application, and region.