Milk Protein Hydrolysates Market Trends, Industry Analysis 2022-28
The global milk protein hydrolysates market size was valued at USD 873.5 billion in 2021 and is poised to grow at a significant CAGR of 5.8% during the forecast period 2022-28. Hydrolysates contain whey, which comprises lactoglobulin as well as lactalbumin, milk protein hydrolysates are administered to new-borns as a vital source of protein. These hydrolysates are used to supplement infants who are allergic to cow's milk protein since these formulae break down casein, which is contained in cow's milk. Furthermore, complete protein molecules are removed, which may cause allergic reactions, while the nutritional value of milk is preserved.
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The global elderly population is predicted to grow, and consumer awareness of healthy food products is expected to rise, propelling the global milk protein hydrolysate market forward. Furthermore, rising demand for milk protein hydrolysates from athletes and bodybuilders seeking nutrients for muscle growth and weight loss is likely to enhance demand for milk protein hydrolysates and propel the target market forward. Furthermore, the global number of working women has increased, which is projected to lead to an increase in demand for baby food products, and this factor is expected to boost the global milk protein hydrolysates market's growth in the coming years. Furthermore, the development and launch of new upgraded products by some of the main competitors in the worldwide milk protein hydrolysate market is likely to help in the expansion of client base and increased revenues of the global market. However, the high price of milk protein hydrolysates, as well as the availability of replacement protein-rich products, are two important challenges that may limit the target market's growth.
The global milk protein hydrolysates market segmentation:
- By Product: Whey and Casein
- By Form: Powder and Paste
- By Technology: Acid Hydrolysis and Enzymatic Hydrolysis
- By Application: Sports Nutrition, Clinical Nutrition, Animal Feed, and Infant Nutrition
North America continues to lead the milk protein hydro lysate market and will likely to do so throughout the projected period, owing to rising consumer awareness and shifting preferences toward nutritionally based products. Due to expanding urbanisation, westernisation, changing lifestyles, and increasing personal disposable income, Asia-Pacific will have the highest CAGR. Growing public awareness of the health advantages of milk protein hydro lysate will open up attractive and lucrative market growth potential.
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There are several industry players working in the Milk Protein Hydrolysates Market, which include Hilmar Ingredients, Havero Hoogwegt, Milk Specialties Global, Agropur Cooperative, Glanbia Nutritionals, Armor Proteines, Ingredia Group, Nestle S.A.
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