Press release
Protein Hydrolysates Market to Reach $1.07 Billion by 2031
Meticulous Research®, a prominent global market research company, recently released a report titled "Protein Hydrolysates Market-Global Opportunity Analysis and Industry Forecast (2024-2031)." According to this analysis, the protein hydrolysates market is projected to reach $1.07 billion by 2031, experiencing a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2024 to 2031.Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=6055
Market Growth Drivers and Opportunities
The market's growth is driven by increasing demand for sports nutrition products, heightened consumer interest in plant-based diets, and expanding awareness of the health benefits associated with protein intake. The rise in infant formula applications and technological advancements in protein hydrolysis further create substantial growth prospects for companies within this sector. Additionally, the increasing demand for functional foods is emerging as a key trend shaping the protein hydrolysates market.
Leading Market Players
The protein hydrolysates market is moderately competitive, comprising a mix of global, regional, and local companies. Leading players in this market include Arla Foods amba (Denmark), Glanbia Plc (Ireland), Kerry Group PLC (Ireland), Royal FrieslandCampina N.V. (Netherlands), Fonterra Co-operative Group Limited (New Zealand), Tate & Lyle PLC (U.K.), Archer-Daniels-Midland Company (U.S.), Lactalis Group (France), AMCO Proteins (U.S.), DSM-Firmenich (Netherlands), Kemin Industries, Inc. (U.S.), Axiom Foods, Inc. (U.S.), and Roquette Frères (France).
Browse in depth: https://www.meticulousresearch.com/product/protein-hydrolysates-market-6055
Market Segmentation Overview
This report segments the protein hydrolysates market by type, process, form, and application, and evaluates competitor strategies as well as regional and country-specific markets.
Type: The animal protein hydrolysates segment is expected to lead the market in 2024, supported by its wide applications across the food, beverage, and animal nutrition sectors. Additionally, milk protein hydrolysates are projected to hold the largest share within the animal protein category.
Form: The solid protein hydrolysates segment is anticipated to dominate in 2024, driven by the advantages of powdered forms, such as easier handling, storage, cost-effectiveness, and stability.
Application: The sports nutrition segment is forecasted to hold the largest market share in 2024, bolstered by rising consumer interest in health, fitness, and protein-rich diets.
Download request sample report here: https://www.meticulousresearch.com/request-sample-report/cp_id=6055
Regional Market Analysis
The report provides a comprehensive analysis across major regions, including North America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K., Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (South Africa, Saudi Arabia, and the Rest of Middle East & Africa).
Asia-Pacific is expected to be the leading region in the protein hydrolysates market by 2024, primarily due to rising health awareness, the prevalence of diet-related health issues, and an aging population.
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The growing popularity of plant-based diets and an expanding vegan demographic also drive demand in this region. Within Asia-Pacific, China is predicted to lead the market by 2024.
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3. Europe Artificial Casings Market: https://www.meticulousresearch.com/download-sample-report/cp_id=4303
4. Artificial Casings Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5035
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