Acturial Data Science
Marketing & Advertising
The digested form of proteins obtained through hydrolysis is known as protein hydrolysates. In order to overcome the protein deficiency, market players are providing hydrolyzed protein products that are easily absorbed by the human body. Protein hydrolysates can be obtained through various sources such as dairy, poultry, plants, animals, microbes, and others. The major challenges being faced by the manufacturers of protein hydrolysates, are the lack of awareness regarding the benefits of protein hydrolysate consumption and increasing incidences of food adulteration.
Protein Hydrolysates Market Analysis
Based on type, the global protein hydrolysates market has been segmented into milk protein hydrolysate, egg protein hydrolysate, meat protein hydrolysate, plant protein hydrolysate, marine protein hydrolysate, and others. The milk protein hydrolysate segment is expected to garner the highest revenue share in the global protein hydrolysates market owing to the increasing number of applications of milk protein hydrolysates in the food & beverage industry. The multi-functionality of milk protein hydrolysates is the major factor responsible for the wide use of milk protein in various industries. However, the plant protein hydrolysates segment is anticipated to grow with the highest CAGR during the forecast period due to the increasing preference of consumers towards vegetarian and vegan diet.
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