The word hydrolysate refers to a product of hydrolysis and so, protein hydrolysates are produced by partial or extensive hydrolysis. Due to hydrolysis, the size of amino acids in protein hydrolysates gets reduced, which makes them easier to be absorbed by the body. This is the reason why protein hydrolysates are widely used in the sports industry. Protein hydrolysates can be plant-based or animal-based.
The global protein hydrolysate market is expected to witness substantial growth over the next few years. This is mainly due to the increasing demand for both plant-based and animal-based protein hydrolysates in the sports industry. The global market is expected to grow at a CAGR of about 4% during 2019 to 2024 and generate a revenue of USD 950 million by 2024.
The key factors that will boost the growth of the market are, increasing use of protein hydrolysate in sports medicine and infant formula. As hydrolyzed protein improves the absorption of protein, the demand for protein hydrolysate for infant nutrition has grown significantly over the years.
Apart from these, factors such as increasing awareness about the health benefits of a protein-rich diet, rising adoption of protein hydrolysate in fitness centers and health clubs, and rapid urbanization and the resulting rise in per capita income of middle-class families in emerging economies like China, will affect the growth of the market positively. In fact, the China protein hydrolysate market is expected to grow at a high CAGR of 8% in the coming years, driven by the increasing demand for quality infant formula.
The demand for animal-based protein hydrolysates is expected to be more than the demand for plant-based hydrolysates in the coming years. The global market is presently being dominated by milk protein hydrolysates, owing to the wide application of milk protein hydrolysates in nutraceutical, sports, and infant nutrition.
Region-wise, North America is anticipated to hold the largest market share in the coming years due to the presence of major food & beverage companies in the region. Another reason behind the dominance of the North American region is the high purchasing power of consumers in this region, which enable them to spend more on such products.
The Asia-Pacific region is expected to emerge as the fastest growing market for protein hydrolysates in the coming years. The impressive growth to be exhibited by the Asia-Pacific region can be explained by the increasing disposable income of consumers in the region, along with a reduction in the cost of production due to the introduction of new technologies and abundance of raw materials.
Log in / Register