Europe and Asia Pacific Protein Hydrolysates Market
Europe and Asia Pacific Protein Hydrolysates Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Milk Protein Hydrolysates, Meat Protein Hydrolysates, Marine Protein Hydrolysates, Egg Protein Hydrolysates, Plant Protein Hydrolysates, Yeast Protein Hydrolysates, Silk Protein Hydrolysates
- By Source Analysis Animal, Plant, Microbes
- By Form Liquid, Powder
- By Process Enzymatic Hydrolysis, Acid & Alkaline Hydrolysis
- By Application Infant Nutrition, Clinical Nutrition, Weight Management, Animal Feed, Sports Nutrition, Nutraceuticals, Dietary Supplements
- By Region Europe, Asia Pacific
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 1947.8 Million |
Revenue 2032: | USD 4303.1 Million |
Revenue CAGR (2024 - 2032): | 10.40 % |
Fastest Growing Region (2024 - 2032) | X |
Largest Region (2023): | X |
Customization Offered
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
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The Europe and Asia Pacific Protein Hydrolysates Market is valued at USD 1947.8 Million in 2023 and is projected to reach a value of USD 4303.1 Million by 2032 at a CAGR (Compound Annual Growth Rate) of 10.40 % between 2024 and 2032.
Key Highlights of Europe and Asia Pacific Protein Hydrolysates Market
- Europe and Asia Pacific Protein Hydrolysates market are marked by a transition towards plant-based sources, diversification into various applications, a focus on clean label preferences, and a commitment to sustainability.
- The Milk Protein Hydrolysates segment significantly contributed to the market’s expansion, constituting over 71.1% of the overall revenue share in 2023
- Based on Source Analysis Animal segment dominated the market with a 75.1% share and a market CAGR of 10.2% in the forecast period due to the diverse array of sources, including whey, collagen, and casein.
- In 2023, the Powder Category dominated the market with around 75.9% share.
- European protein hydrolysates market is poised for sustained growth, driven by evolving consumer preferences and a dynamic food and beverage landscape.
Europe and Asia Pacific Protein Hydrolysates Market Size, 2023 To 2032 (USD Million)
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Europe and Asia Pacific Protein Hydrolysates Market Europe Overview
Europe Protein Hydrolysates market exhibited substantial dominance in 2023, capturing 67.7% of the revenue share. European protein hydrolysates market is poised for sustained growth, driven by evolving consumer preferences and a dynamic food and beverage landscape. Emerging trends include the rise of plant-based protein hydrolysates, aligning with the increasing popularity of plant-based diets. Companies are exploring innovative methods to extract proteins from plant sources, offering sustainable and cruelty-free options. The concept of personalized nutrition is also gaining traction, with customized formulations targeting specific dietary needs and health goals. Furthermore, sustainability is becoming a focal point in the market, influencing sourcing practices and processing methods to meet the demand for environmentally conscious products. As the market continues to expand, businesses must navigate challenges, embrace innovation, and align with evolving trends to capitalize on the diverse opportunities presented by this burgeoning sector.
The Europe and Asia Pacific Protein Hydrolysates market can be categorized as Type, Source Analysis, Form, Process, Application and Region.
Parameter | Details |
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Segments Covered |
By Type
By Source Analysis
By Form
By Process
By Application
By Region
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Europe and Asia Pacific Protein Hydrolysates Market:Type Overview
In 2023, in the Protein Hydrolysates market, the Milk Protein Hydrolysates category had a major share and is projected to continue its dominance over the forecast period. Moreover, the Plant Protein Hydrolysates category is projected to witness the significant growth in the coming years. The Type segment is separated into Milk Protein Hydrolysates, Meat Protein Hydrolysates, Marine Protein Hydrolysates, Egg Protein Hydrolysates, Plant Protein Hydrolysates, Yeast Protein Hydrolysates, and Silk Protein Hydrolysates. Milk protein hydrolysates stand as nutritional excellence derived from dairy, offering a comprehensive range of amino acids and supporting various nutritional needs. From powering sports nutrition to addressing clinical and infant nutrition requirements, these hydrolysates showcase their versatility and nutritional prowess in shaping the landscape of modern dietary supplementation and functional foods.
Europe and Asia Pacific Protein Hydrolysates Market: Source Analysis Overview
In 2023, the Animal segment dominated the market with a 75.1% share and a market CAGR of 10.2% in the forecast period. The Source Analysis segment is separated into Animal, Plant and Microbes. Animal-derived protein hydrolysates play a pivotal role in the market, boasting a significant and enduring presence. This dominance is attributed to a diverse array of sources, including whey, collagen, and casein. These sources are renowned for delivering high-quality protein profiles, comprising essential amino acids crucial for various physiological functions. As consumer preferences continue to evolve, the enduring popularity of animal-derived hydrolysates underscores their integral role in the dynamic landscape of the protein hydrolysate market.
Europe and Asia Pacific Protein Hydrolysates Market: Form Overview
In 2023, the Powder Category dominated the market with around 75.9% share and is estimated to continue its dominance during the forecast period. The Form segment is categorized into Liquid and Powder. Powdered protein hydrolysates have become a preferred choice among consumers seeking customization and flexibility in their protein intake. The powder form offers individuals the ability to tailor their protein consumption based on specific nutritional requirements. This flexibility is particularly advantageous for those who prefer adjusting protein content according to their fitness goals, dietary preferences, or health conditions.
Key Trends
- Growing consumer demand for vegetarian and vegan protein options in both the Europe and Asia Pacific markets is experiencing a significant transition toward plant-based protein hydrolysates. The move towards plant-based protein hydrolysates underscores the industry's responsiveness to evolving consumer lifestyles and preferences for ethically sourced, plant-derived nutritional solutions.
- Another notable trend is the integration of protein hydrolysates into products tailored for personalized nutrition. This reflects a growing consumer interest in customized health solutions that align with individual health goals and preferences. The expansion of protein hydrolysate applications into personalized nutrition showcases the adaptability of this ingredient, meeting evolving consumer demands for functional, health-focused food products tailored to their specific well-being objectives.
- The clean label movement is influencing consumer preferences for protein hydrolysates in Europe and Asia Pacific. Shift in consumer preferences towards product featuring clear ingredient lists and minimal additives are increasing, signaling a preference for clean and wholesome choices.
Premium Insights
The regulatory landscape for protein hydrolysates in both Europe and the Asia Pacific is influenced by a combination of regional standards, international guidelines, and national regulations. In view of the commitment to consumer health and well-being, these regulatory frameworks are designed with a view to ensuring that protein hydrolysate products are safe, quality and correctly labelled. The technological landscape of the protein hydrolysates market is characterized by advancements in processing techniques, innovative formulations, quality control methods, and digital integration. Continuous advancements in processing techniques, formulation strategies, quality control, and digital integration are driving the market forward. Clean label preferences are a common thread binding both markets. Consumers are actively seeking protein hydrolysate products with transparent ingredient lists and minimal additives. the protein hydrolysate markets in Europe and the Asia Pacific are marked by a transition towards plant-based sources, diversification into various applications, a focus on clean label preferences, and a commitment to sustainability.
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Market Dynamics
The growing trend towards personalized nutrition has become a transformative force in the food and beverage industry, reshaping how consumers approach their dietary choices. In this landscape of individualized wellness, protein hydrolysates are emerging as a central player, presenting a significant opportunity for market growth. One of the primary opportunities lies in the ability to tailor protein hydrolysate products to meet the diverse health goals of consumers. Manufacturers have the opportunity to develop a spectrum of products, each designed with a focus on supporting different health and fitness goals.
Despite the increasing popularity of protein-rich diets and nutritional supplements, a comprehensive understanding of the specific benefits offered by protein hydrolysates remains limited among consumers. This knowledge deficit poses a hurdle to the widespread adoption of protein hydrolysates and requires strategic initiatives to disseminate accurate information. One aspect of this challenge lies in the need for consumers to grasp the unique properties and applications of protein hydrolysates. Addressing this challenge demands collaborative efforts from industry stakeholders, including manufacturers, health professionals, and marketing teams. Implementing effective communication strategies and educational initiatives is essential to reach diverse consumer segments.
Competitive Landscape
The key companies in the market are majorly focusing on partnerships and collaborations, mergers and acquisitions, and new product launch. In August 2023, Novozymes and Arla Foods Ingredients have agreed a partnership to develop advanced protein ingredients using precision fermentation. In May, 2022 Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, announces it has acquired substantially all of the assets of Nutriati, an ingredient technology company developing and producing chickpea protein and flour. Under the terms of the transaction, Tate & Lyle has acquired certain assets, including intellectual property assets, and assumed selected liabilities from Nutriati.
Recent Market Developments
- In February 2023, Kerry has announced details of the consolidation of its distributor network across Europe. The company has chosen Azelis and Caldic as distribution partners for Kerry products* to selected customers in the European region.
- In March 2023, Arla Foods Ingredients’ Peptigen® IF-3080, a protein hydrolysate for infant formula, has received final EU approval for use. The product is one of the few milk protein hydrolysates to achieve this status.
FAQ
Frequently Asked Question
What is the global demand for Europe and Asia Pacific Protein Hydrolysates in terms of revenue?
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The global Europe and Asia Pacific Protein Hydrolysates valued at USD 1947.8 Million in 2023 and is expected to reach USD 4303.1 Million in 2032 growing at a CAGR of 10.40 %.
Which are the prominent players in the market?
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The prominent players in the market are Nestlé, Archer Daniels Midland Company, Abbott Laboratories, Danone Nutricia, FrieslandCampina, Arla Foods, Koninklijke DSM N.V., Kerry Group plc, Glanbia plc, Tate & Lyle plc.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 10.40 % between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the Europe and Asia Pacific Protein Hydrolysates include
Which region accounted for the largest share in the market?
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X was the leading regional segment of the Europe and Asia Pacific Protein Hydrolysates in 2023.