Protein Hydrolysates Market Worth 4.13 Billion USD by 2023

Friday, June 29, 2018 Research News
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PUNE, India, June 29, 2018 /PRNewswire/ --

According to a new market research report "Protein Hydrolysates Market by Type (Milk, Meat, Marine, Egg, Plant, and Yeast), Application (Infant Nutrition, Clinical Nutrition, Weight Management, and Feed), Process (Enzymatic, and Acid & Alkaline), Source, Form, and Region - Global Forecast to 2023

", published by MarketsandMarkets™, the global Protein Hydrolysates Market is estimated to be valued at USD 2.74 billion in 2018 and is projected to have a CAGR of 8.56%, in terms of value, between 2018 and 2023. Protein
hydrolysates are widely accepted ingredients in food & beverage applications owing to their functional properties. The multi-functionality of protein hydrolysates increases their adoption in end-use applications. Also, the growing demand for high protein, nutritious products has expanded the application areas of protein hydrolysates in the food & beverage industries. Protein hydrolysates are widely used by food processors to make their food products more nutritious and to enable them to endure the rigors of harsh processing.

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Browse 96 market data Tables and 56 Figures spread through 170 Pages and in-depth TOC on "Protein Hydrolysates Market - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/protein-hydrolysate-market-39737295.html

Early buyers will receive 10% customization on this report 

Milk Protein Hydrolysates projected to be the largest segment 

Milk protein hydrolysates is estimated to account for the largest share in the Protein Hydrolysates Market in 2018, due to its wide range of applications in the food & beverage industry. The multi-functionality of milk protein hydrolysates results in their use in a broad spectrum of applications such as infant nutrition, clinical nutrition, weight management, and animal feed.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=39737295

Infant Nutrition: The most widely preferred protein hydrolysates application 

The infant nutrition segment is estimated to account for the largest share in the Protein Hydrolysates Market, in terms of value, in 2018. Protein is one of the three major macronutrients that help build tissue structure. Protein deficiency is one of the significant reasons for malnutrition among consumers, especially among infants across the world. Protein hydrolysates are beneficial for all infant formula as they are easy to digest. Among other reasons, food allergies and the inability to breastfeed also contribute to the development of infant nutrition products, which increases the demand for protein hydrolysates.

North America estimated to be the most lucrative market for protein hydrolysates 

In 2018, the North America region is estimated to hold a significant share in the global Protein Hydrolysates Market whereas Asia Pacific is projected to grow at the highest CAGR during the forecast period. The presence of large food & beverage and nutraceutical industries offers the North American Protein Hydrolysates Market a prominent consumer base as well as growth prospects. The Asia Pacific market is driven by the economic growth of the region, coupled with the increasing demand for nutritious food & beverage products.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Abbott Nutrition (US), Koninklijke DSM N.V. (Netherlands), Kerry Group (Ireland), FrieslandCampina (Netherlands), and Arla Foods (Denmark).

Know more about the Protein Hydrolysates Market: https://www.marketsandmarkets.com/Market-Reports/protein-hydrolysate-market-39737295.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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