ACCESS Newswire
21 Sep 2020, 19:35 GMT+10
There has been a noticeable expansion in the use of protein hydrolysate owing to rapid development in food, clinical and advanced nutrition sector.
DUBAI, UAE / ACCESSWIRE / September 21, 2020 / The protein hydrolysate ingredient market is expected to double its current value through the forecast period. According to FMI report, the market is likely to register a CAGR of 7.3% through 2028. Protein hydrolysate ingredients market is expanding due to the fast growing health and wellness sector and rising population of vegan meal consumers.
'Surging demand for vegan food products and multiple use in nutritional sector is acting as a key catalyst in the market. Protein hydrolysate helps infant avoid gastrointestinal issues and chemical reactions caused due to lactose intake which thereby motivates them to rely on these ingredients,' states the FMI Analyst.
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Protein Hydrolysate Ingredients Market - Important Takeaways
Protein Hydrolysate Ingredients Market - Driving Factors
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Protein Hydrolysate Ingredients Market - Key Restraints
Expected Impact on Market by Coronavirus Outbreak
This market might have faced considerable loss due to reduced production on account of strict lockdown rules but developed countries require much of these ingredients owing to the benefits. Slimming and muscle building is something that is trending these days. Use and demand for clinical nutrition is already rising and this industry is on a reviving path because these products fall under the necessity banner.
Competitive Landscape
Major players in the market include Arla Food Ingredients Group, Davisco and Hilmar Ingredients. All of the leading players are working on building collaborations with major manufacturers to magnify their production capacity and also improving product portfolios.
Major participants rely on investing into growth strategies, product expansion and development of milk alternatives for infants and lactose-intolerant consumers.
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More on the report
FMI's analysis presents segmentation on the basis of product form (powder, liquid), end-use (food, infants, bakery, sauce and spreads etc.), ingredient type (milk, protein, whey and casein hydrolysate ingredients) and region (North America, Europe, Asia, and Japan)
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Fish Protein Concentrate Market FMI's analysis gives an insight into key market trends, strategies, regional players and various segments on the basis of form, type, application and region.
High Protein Yogurt Market Find insights into global market scenario and segmentation on the basis of ingredients, application, source, end-use and region and a proper competitive landscape.
Hydrolysed Wheat Protein Market FMI's report highlights parent market trends and strategies in the biocide market with segments and dynamics through the forecast period.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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Report: https://www.futuremarketinsights.com/reports/protein-hydrolysate-ingredient-market
Press Release Source: https://www.futuremarketinsights.com/press-release/protein-hydrolysate-ingredient-market
SOURCE: Future Market Insights
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