An Incisive, In-depth Analysis on the Protein Hydrolysate Ingredient Market
This study offers a comprehensive, 360 degree analysis on the Protein Hydrolysate Ingredient market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Protein Hydrolysate Ingredient market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Protein Hydrolysate Ingredients Market Value is Approximately Expected to double from its Current Value by End of Forecast Period
The global protein hydrolysate ingredients market is expected to surpass a value of US$ 1 billion by 2018. From 2018 to 2028, the protein hydrolysate ingredients market is likely to expand by 2X at a CAGR of 7.3%, as predicted by a recent Future Market Insights report that offers a detailed analysis of the global protein hydrolysate ingredients market between 2018 and 2028. The protein hydrolysate ingredients market report predicts that the growth of the specialty ingredients market will remain among the key driving factors responsible for the growth of the protein hydrolysate ingredients market up to 2028.
A large number of new application areas of protein hydrolysate ingredients in the food industry and elevating interest in specialist nutrition are also expected to encourage the consumption of protein hydrolysate ingredients in the next few years. Recently, the growing demand for vegan food products due to increased vegan population and high-protein ingredients across the globe has been identified to be an important factor driving the protein hydrolysate ingredients market, especially for plant-based protein hydrolysate ingredients.
Protein hydrolysate ingredients are used in clinical nutrition to reduce the viscosity of sip feeds, which are specially designed for the aged or elderly population. Increasing ageing population and their concerns about balanced nutrition is a major factor driving the demand for protein hydrolysate ingredients in clinical nutrition. Lactose intolerance in infants and related gastrointestinal issues due to the consumption of cow milk-based formula has witnessed a significant increase in the recent past. Whey hydrolysate formulas may be seen as acceptable alternatives to soy or casein hydrolysate formulas for most infants with gastrointestinal symptoms caused by cow milk and/or formula intolerance. Adverse reactions to cow milk and other associated conditions, such as phenylketonuria and lactose intolerance, can be treated or avoided by using protein hydrolysate ingredients-based formula, which is among factors expected to drive the demand for protein hydrolysate ingredients over the forecast period.
Increase in the number of affluent consumers, coupled with rising awareness among consumers regarding health and nutrition-related issues in developed regions such as North America and Europe, are factors driving the demand for new & healthy specialist nutrition products such as protein hydrolysate ingredients-based nutrition, and this trend is expected to continue to drive the protein hydrolysate ingredients market over the forecast period. Protein hydrolysate ingredients have higher bioavailability and absorption characteristics as compared to other whole proteins, which is highly beneficial for post-exercise recovery and muscle building. As a result, the demand for applications in sports nutrition and slimming food products has been witnessing a significant increase in the recent past. The emergence of sports nutrition and increasing demand for functional food for weight management & slimming are other major factors driving the global protein hydrolysate ingredients market.
Whey Protein Hydrolysate Ingredients to Remain the Top Choice; North America to Continue Dominance over Other Regions
Whey protein hydrolysate ingredients, despite being the most sought-after type of ingredients, are likely to face significant market saturation through 2028. High consumption of whey protein and protein ingredients is expected to collectively provide an impetus to the global demand for protein hydrolysate ingredients. A detailed regional analysis in the protein hydrolysate ingredients market report prompts at the continued lead of the North American protein hydrolysate ingredients market owing to an increase in the number of specialty food ingredient processing industries in the US, which secures its position as the global leader in the protein hydrolysate ingredients market.
Sports Nutrition to Register Maximum Consumption, Followed by Infant Formula
Among the different end-user segments analysed in the protein hydrolysate ingredients market report, sports nutrition, infant formula and clinical nutrition hold dominant positions in the protein hydrolysate ingredients market. However, it is expected that, in the coming years, other applications such as bakery & confectionery and processed foods will create substantial demand for protein hydrolysate ingredients.
The inclusion of Protein Hydrolysate Ingredients in Sports Nutrition to Reap Ergogenic Benefits in an Easily Absorbable Form
Protein hydrolysate ingredients mixed with sports nutrition provides improved performance for athletes, sportspersons and health-conscious people. The consumption of easily absorbed protein-rich food & beverage products, such as protein shakes, results in an instant spike in the level of plasma acids over body workouts, i.e., before, during and after workouts. The consumption of protein hydrolysate ingredients helps in rapid recovery post intense workouts. Protein hydrolysate ingredients improve muscle building and enhance performance with improved taste and more protein content. The sports nutrition segment is expected to hold 30% of the protein hydrolysate ingredients market in 2028 owing to its growing adoption among sports nutrition product manufacturers.
Fortification of Infant Formula with Protein Hydrolysate Ingredients Presents an Excellent Alternative to Hypo-allergenic Infants
Protein hydrolysate ingredients play an important role in terms of infant formula products in the fast-growing health & wellness sector, and are vital ingredients in these products. However, various concerns related to the digestion of protein-based formula and lactose intolerance in infants as well as adults, particularly in Asia Pacific regions, is resulting in an increase in the demand for protein hydrolysate-based infant formula, sports nutrition, clinical nutrition, etc. This, in turn, represents significant potential in terms of opportunity for manufacturers to enter into the protein hydrolysate ingredients market.
The rising popularity of infant formula products with protein hydrolysate ingredients is expected to drive the overall market revenue. Furthermore, product innovation and new product launches by major market participants are expected to drive the demand for protein hydrolysate ingredients. Leading players are investing a large percentage of their profit in research & development activities to formulate products with reduced bitterness in taste. For infants who suffer from or are prone to Cow’s Milk Allergy (CMA), nutritional products manufacturers have formulated and introduced hydrolysate-based infant food product in their product portfolio. Such improved formulations will provide infants the necessary nutrition to manage existing CMA and to ensure the reduction of health risks associated with the same.
The number of premium sport nutrition brands being introduced in markets in developed as well as developing countries has increased significantly in the recent past. An increasing number of younger consumers are focused on health and sports nutrition, which is, in turn, boosting the demand and adoption of protein hydrolysate ingredient products across the globe. Increasing demand for clinical nutrition among ageing members of the global population is further strengthening the growth of the protein hydrolysate ingredients market. Increasing urban population, coupled with a change in consumer lifestyle, are factors fuelling the demand for premium sport nutrition products, especially in case of affluent consumers. Some of the major players that offer protein hydrolysate ingredients-based sport and clinical nutrition products include Arla Food Ingredients Group, Davisco and Hilmar Ingredients.
The increasing usage of modern technology and social networking sites is propelling the usage of online shopping for the purchase of infant formula and sport nutrition products in developed as well as developing countries. In developed countries, the online sales of infant formula have increased as compared to offline sales. Working mothers are among key potential customers that e-Commerce marketers focus on, owing to which they offer protein hydrolysate ingredients-based infant formulas. The sales of nutrition products on online shopping sites provide customers a convenient option to purchase and choose from a wide variety of nutrition products in a relatively short span of time as compared to visiting a store.
The demand for protein hydrolysate ingredients in the global market is rapidly growing, and to cater to the increasing demand, manufacturers are focusing on the launch of new and innovative products in the protein hydrolysate ingredients market.
Future Market Insights offers a 10-year forecast for the global protein hydrolysate ingredients market between 2018 and 2028. In terms of value, the US$ 554 million protein hydrolysate ingredients market is expected to grow with a CAGR of 7.3% during the projected period. The primary objective of the protein hydrolysate ingredients market report is to offer insights on the recent advancements in the protein hydrolysate ingredients market. This research study demonstrates the dynamics of the protein hydrolysate ingredients market that are expected to influence the current market environment and future status of the global protein hydrolysate ingredients market over the forecast period. The primary objective of this report is to offer updates about trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the global protein hydrolysate ingredients market.
Apart from acting as a healthy ingredient in infant formula, sports nutrition and clinical nutrition, protein hydrolysate ingredients also improve the shelf-life stability of the product and play a key role as emulsifiers and dispersing agents in several food products such as spreadables and dressings. Protein hydrolysate ingredients act as water-retaining agents in the meat processing industry to maintain & enhance the juiciness of processed meat products for a long time. With the growing demand for clean-label products, protein hydrolysate ingredients will gradually replace the phosphates that are currently used extensively in the meat processing industry.
Interest in specialist nutrition is growing in developing markets such as China, where the one-child policy has contributed to a rapidly ageing population. At the same time, the middle-class segment of consumers in China have the capacity to spend more on nutritional products that promote faster recovery post operation or surgery. In 2013, around 5% of the infant formulas on store shelves in China contained protein hydrolysate ingredients for improved digestion and absorption. This rapid growth in the adoption of protein hydrolysate ingredients reflects a global trend. China, the U.S., Vietnam, South Korea and Germany are the top five countries accounting for the highest launches of infant and toddler formulas with whey protein hydrolysate ingredients.
The demand for protein hydrolysate ingredients in the global market is growing rapidly. To cater to the increasing demand, the manufacturers of protein hydrolysate ingredients are focusing on launching new and innovative products in the market. For instance, in November 2016, Arla announced the launch of four new products in its whey protein hydrolysate portfolio under Arla’s sport nutrition segment. This range includes HYDRO.gel, HYDRO.clear, HYDRO.power and HYDRO.milk. In January 2015, Davisco, a business unit of Agropur Inc., increased its whey protein production capacity and launched BioZate, which is a new hydrolysed whey protein sports nutrition brand in the market. The increasing demand for easy-to-digest protein hydrolysate ingredients-based weight management nutrition products and rise in the number of consumers switching to infant formula brands due increase in safety concerns regarding specialised nutrition products are factors boosting the demand for whey protein hydrolysate ingredients.
The report analyses the market share of the protein hydrolysate ingredients on the basis of the type of ingredient, product form and end use. A section of the report highlights the demand for protein hydrolysate ingredients product wise. It provides a market outlook for 2018–2028 and sets the forecast within the context of the protein hydrolysate ingredients ecosystem, including the new technological developments as well as product offerings in the global protein hydrolysate ingredients market. This study discusses key trends contributing to the growth of the global protein hydrolysate ingredients market, as well as analyses the degree to which drivers are influencing the global protein hydrolysate ingredients market. The rising demand for whey protein hydrolysate ingredients in developed countries is projected to drive the revenue growth of the whey protein hydrolysate ingredients segment during the forecast period. Increasing demand for casein-derived hydrolysed proteins in developing countries owing to associated health benefits is a primary factor expected to drive the revenue growth of the casein protein hydrolysate ingredients segment over the forecast period.
In the final section of the report, a competitive landscape has been included to provide report audiences a dashboard view. Key categories of providers covered in the report include the key players of the global protein hydrolysate ingredients market. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings and recent developments in the protein hydrolysate ingredients market. Some of the key players in the global protein hydrolysate ingredients market include Arla Food Ingredients, Glanbia Plc, FrieslandCampina N.V., Kerry Group Plc, Hilmar Ingredients, Armor Proteines, Davisco Foods International, Inc. (Agropur Inc.), Fonterra Co-operative Group Limited, Carbery Group Limited and A. Costantino & C. spa.
Key Segments Covered in Protein Hydrolysate Ingredients Report
By Ingredient Type
Milk Protein Hydrolysate Ingredients
Whey Protein Hydrolysate Ingredients
Casein Hydrolysate Ingredients
Plant Protein Hydrolysate Ingredients
Meat Protein Hydrolysate Ingredients
By Product Form
By End Use
Bakery & Confectionery
Sauces & Spreads
The growing popularity of infant formula products among health-conscious parents can be attributed to the presence of a large number of nutritional ingredients in their composition. Approximately one-third of infants fed conventional formulae suffer from various gastrointestinal discomfort symptoms such as colic, constipation, etc. However, protein hydrolysate ingredients-based infant formula products overcome these challenges, due to which they have created niche in the fast-growing health and wellness sector. New players will enter into the protein hydrolysate ingredients market to utilise this opportunity and generate maximum revenue.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the protein hydrolysate ingredients market and to identify the right opportunities. Furthermore, another key feature of the protein hydrolysate ingredients report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the protein hydrolysate ingredients market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global protein hydrolysate ingredients market.
Key Regions/Countries Covered
Asia Pacific excluding Japan
Protein Hydrolysate Ingredient Market Reports - Table of Contents
20. Research Methodology