Market Overview:
The Protein Hydrolysate Ingredient Market is largely driven by increasing consumer interest in vegan products. Additionally, the increasing number of elderly individuals has increased the demand for high-protein food products. A key application of protein hydrolysate ingredient is in sports nutrition. The high absorption and bioavailability characteristics of protein hydrolysate ingredients aid in post-exercise recovery. Moreover, the growing need for specialized sports nutrition motivates manufacturers to develop innovative beverage and food combinations with this ingredient. These innovations are expected to boost the market growth for Protein Hydrolysate Ingredient.
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Market Dynamics:
Increasing applications of protein hydrolysate ingredients, specifically in the food industry and increasing consumer interest in specialist nutrition is expected to propel growth of the global protein hydrolysate ingredients market over the forecast period. For instance, in June 2021, Arla Foods Ingredients introduced a whey protein hydrolysate ingredient designed for overcoming taste challenges in products for patients with malabsorption and maldigestion.
However, high cost of R&D for the development of new products with improved properties is projected to hamper growth of the global protein hydrolysate ingredients market over the forecast period.
Impact of COVID-19:
The COVID-19 pandemic negatively affected the global economy, as the various industrial activities including production and supply were disrupted during the pandemics. However the global protein hydrolysate ingredients market witnessed positive impact of COVID-19 pandemic, as the COVID-19 cases continued to increase during the pandemic, the demand for nutrition food increased in order to boost immunity against the virus, thus the use of hydrolysate ingredients increased in order to cater the demand.
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Key Takeaways:
- The global protein hydrolysate ingredients market is expected to grow with a CAGR of XY% during the forecast period, owing to increasing demand for vegan food due to rise in vegan population. For instance, in December 2021, ITC Ltd. launched a host of plant-based meat products to cater the demand for meat substitutes and vegan meals in India.
- North America is anticipated to witness substantial growth in the global protein hydrolysate ingredients market over the forecast period, owing to high penetration of protein-based, vegan products in the retail market, rise in consumer awareness of the health benefits linked with it and weight management.
- Key players functioning in the global protein hydrolysate ingredients market are Archer Daniels Midland Company, Glanbia Plc., A. Danone S.A., FrieslandCampina N.V., A. Agropur Inc., Kerry Group Plc, A. Abbott Laboratories, Hilmar Ingredients, A Tate & Lyle plc, Armor Proteines, A. Costantino & C. spa, Davisco Foods International, Inc. (Agropur Inc.), Carbery Group Limited, and Fonterra Co-operative Group Limited.
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COVID-19 Impact Analysis on Protein Hydrolysate Ingredients Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the protein hydrolysate ingredients market include Arla Food Ingredients, Costantino & C. spa, Fonterra Co-operative Group Limited, Armor Proteines, Kerry Group Plc, Glanbia Plc, Carbery Group Limited, Davisco Foods International, Inc., Hilmar Ingredients, FrieslandCampina N.V., Tate & Lyle plc, Abbott Laboratories, Agropur Inc., Danone S.A. and Archer Daniels Midland Company.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Protein Hydrolysate Ingredients Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/protein-hydrolysate-ingredients-market/download-sampleMarket DynamicsProtein hydrolysates' multifunctionality has enhanced their application across various industries.
Nevertheless, several factors are limiting the growth of the protein hydrolysate ingredients market, including a lack of consumer awareness of the health benefits in emerging economies.
In addition, cost-prohibitive research and development, and the availability of alternate kinds of protein components, may inhibit industry expansion.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Future Market Insights (FMI) presents its new, comprehensive study on the global Protein Hydrolysate Ingredients market spanning from 2018 to 2028.
Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints.
Ranging from macro socio-economic factors to micro geography-specific trends, the research has taken into consideration every facet that is likely to play a vital role in the growth of the market in the years to come.
Presenting a plethora of valuable information, the report will serve as an effective tool, guiding the market players in making fruitful decisions in the forthcoming years.
Impact of COVID-19 on PROTEIN HYDROLYSATE INGREDIENTS Market The unforeseen outbreak of COVID-19 is raising concerns in the foods & beverages space, and Protein Hydrolysate Ingredients market is not independent of it either.
The pandemic has caused several changes - both on the supply and demand side - which are making market players rethink their strategies in order to stay afloat.
