1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 31
1.3.1 MARKET SEGMENTATION 31
FIGURE 1 PROTEIN HYDROLYSATES MARKET SEGMENTATION 31
1.3.2 INCLUSIONS AND EXCLUSIONS 32
1.3.3 REGIONS COVERED 33
1.3.4 YEARS CONSIDERED 33
1.4 UNIT CONSIDERED 34
1.4.1 CURRENCY 34
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2022 34
1.4.2 VOLUME UNITS 35
1.5 STAKEHOLDERS 35
1.6 SUMMARY OF CHANGES 36
1.6.1 RECESSION IMPACT ANALYSIS 36
2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 PROTEIN HYDROLYSATES MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Key data from secondary sources 38
2.1.2 PRIMARY DATA 39
2.1.2.1 Key data from primary sources 39
2.1.2.2 Breakdown of primary profiles 40
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 40
2.1.2.3 Key insights from industry experts 41
2.2 MARKET SIZE ESTIMATION 41
2.2.1 TOP-DOWN APPROACH 42
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
2.2.2 SUPPLY-SIDE ANALYSIS 43
FIGURE 5 PROTEIN HYDROLYSATES MARKET SIZE CALCULATION: SUPPLY SIDE 43
FIGURE 6 PROTEIN HYDROLYSATES MARKET SIZE CALCULATION: MARKET SHARE ANALYSIS 44
2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE) 45
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
2.3 DATA TRIANGULATION AND MARKET BREAKUP 46
FIGURE 8 DATA TRIANGULATION 46
2.4 RESEARCH ASSUMPTIONS 47
2.5 LIMITATIONS AND RISK ASSESSMENT 48
2.6 RECESSION IMPACT ANALYSIS 48
2.6.1 MACRO INDICATORS OF RECESSION 49
FIGURE 9 INDICATORS OF RECESSION 49
FIGURE 10 WORLD INFLATION RATE, 2011–2022 50
FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION) 50
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON PROTEIN HYDROLYSATES MARKET 51
FIGURE 13 GLOBAL PROTEIN HYDROLYSATES MARKET: EARLIER FORECAST VS. RECESSION FORECAST 52
3 EXECUTIVE SUMMARY 53
TABLE 2 PROTEIN HYDROLYSATES MARKET SHARE SNAPSHOT, 2023 VS. 2028 53
FIGURE 14 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 55
FIGURE 15 PROTEIN HYDROLYSATES MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 55
FIGURE 16 PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 56
FIGURE 17 PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 56
FIGURE 18 PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023 VS. 2028 (USD MILLION) 57
FIGURE 19 PROTEIN HYDROLYSATES MARKET SHARE AND GROWTH RATE (VALUE), BY REGION, 2023 57
4 PREMIUM INSIGHTS 59
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROTEIN HYDROLYSATES MARKET 59
FIGURE 20 ASIA PACIFIC TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD 59
4.2 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY SOURCE AND COUNTRY 60
FIGURE 21 CHINA AND ANIMAL SEGMENT ACCOUNTED FOR LARGEST SHARES IN ASIA PACIFIC PROTEIN HYDROLYSATES MARKET IN 2023 60
4.3 PROTEIN HYDROLYSATES MARKET, BY TYPE 60
FIGURE 22 MILK PROTEIN HYDROLYSATES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 60
4.4 PROTEIN HYDROLYSATES MARKET, BY FORM 61
FIGURE 23 DRY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (USD MILLION) 61
4.5 PROTEIN HYDROLYSATES MARKET, BY SOURCE 61
FIGURE 24 ANIMAL SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD (USD MILLION) 61
4.6 PROTEIN HYDROLYSATES MARKET, BY APPLICATION 62
FIGURE 25 FOOD & BEVERAGES TO DOMINATE MARKET DURING FORECAST PERIOD 62
4.7 PROTEIN HYDROLYSATES MARKET, BY PROCESS AND REGION 63
FIGURE 26 ENZYMATIC HYDROLYSIS TO DOMINATE MARKET DURING FORECAST PERIOD 63
4.8 PROTEIN HYDROLYSATES MARKET: KEY COUNTRIES, 2023 64
FIGURE 27 US DOMINATED PROTEIN HYDROLYSATES MARKET IN 2023 64
5 MARKET OVERVIEW 65
5.1 INTRODUCTION 65
5.2 MACROECONOMIC INDICATORS 65
5.2.1 RISING APPETITE FOR PROTEIN HYDROLYSATES WITH GLOBAL INCREASE IN POPULATION & GDP 65
FIGURE 28 GLOBAL POPULATION GROWTH, 1950–2050 (BILLION) 66
FIGURE 29 GDP GROWTH, 2016–2022 (TRILLION) 66
5.2.2 RISING USE OF PROTEIN HYDROLYSATES IN VARIOUS APPLICATIONS 66
TABLE 3 IMPORT AND EXPORT OF BAKERY PRODUCTS, BY COUNTRY, 2020 (USD BILLION) 67
5.3 MARKET DYNAMICS 67
FIGURE 30 MARKET DYNAMICS: PROTEIN HYDROLYSATES MARKET 68
5.3.1 DRIVERS 68
5.3.1.1 Protein deficit among populations 68
FIGURE 31 GLOBAL OVERVIEW OF PREVALENCE OF STUNTING IN CHILDREN UNDER 5 YEARS OF AGE, 2000–2022 69
5.3.1.2 Rising demand for health & fitness and sports nutrition 69
5.3.1.3 Increased interest in protein hydrolysates for feed attributed to nutritional advantages 70
5.3.2 RESTRAINTS 70
5.3.2.1 Stringent government regulations 70
5.3.2.1.1 Regulations for animal proteins 70
5.3.2.1.2 Regulations in EU to have negative influence on protein market 71
5.3.2.2 High manufacturing and R&D expenses 71
5.3.3 OPPORTUNITIES 71
5.3.3.1 Growth opportunities in cosmetics industry 71
5.3.3.2 Customization of products for specific dietary needs 72
5.3.4 CHALLENGES 72
5.3.4.1 Production of allergen-free protein hydrolysates 72
5.3.4.2 Resistance to adopting new protein sources 72
6 INDUSTRY TRENDS 73
6.1 INTRODUCTION 73
6.2 SUPPLY CHAIN ANALYSIS 73
FIGURE 32 PROTEIN HYDROLYSATES MARKET: SUPPLY CHAIN ANALYSIS 74
6.3 VALUE CHAIN ANALYSIS 74
6.3.1 RESEARCH AND PRODUCT DEVELOPMENT 75
6.3.2 RAW MATERIAL SOURCING 75
6.3.3 PROCESSING AND MANUFACTURING 75
6.3.4 DISTRIBUTION 75
6.3.5 MARKETING & SALES 75
FIGURE 33 VALUE CHAIN ANALYSIS OF PROTEIN HYDROLYSATES MARKET 76
6.4 TRADE ANALYSIS 76
6.4.1 PEPTONES AND THEIR DERIVATIVES 76
TABLE 4 TOP TEN IMPORTERS AND EXPORTERS OF PEPTONES AND THEIR DERIVATIVES, 2021 (USD THOUSAND) 76
TABLE 5 TOP TEN IMPORTERS AND EXPORTERS OF PEPTONES AND THEIR DERIVATIVES, 2022 (USD THOUSAND) 77
6.5 TECHNOLOGY ANALYSIS 77
6.5.1 SPRAY DRYING 77
6.6 PRICING ANALYSIS 78
6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE 78
FIGURE 34 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE (USD/KG) 78
6.6.2 AVERAGE SELLING PRICE TREND, BY REGION 78
TABLE 6 PROTEIN HYDROLYSATES MARKET: AVERAGE SELLING PRICE TREND, BY REGION, 2020–2028 (USD/TONS) 78
6.6.3 AVERAGE SELLING PRICE TREND, BY TYPE 79
FIGURE 35 AVERAGE SELLING PRICE TREND, BY TYPE (USD/TONS) 79
6.7 ECOSYSTEM/MARKET MAP 79
6.7.1 DEMAND SIDE 79
6.7.2 SUPPLY SIDE 79
FIGURE 36 KEY PLAYERS IN PROTEIN HYDROLYSATES ECOSYSTEM 80
TABLE 7 PROTEIN HYDROLYSATES MARKET: ECOSYSTEM 80
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 81
FIGURE 37 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 81
6.9 PATENT ANALYSIS 82
TABLE 8 LIST OF MAJOR PATENTS PERTAINING TO MARKET, 2013–2023 82
FIGURE 38 NUMBER OF PATENTS GRANTED FOR PROTEIN HYDROLYSATES, 2013–2022 84
FIGURE 39 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PROTEIN HYDROLYSATES 84
6.10 KEY CONFERENCES & EVENTS IN 2024 85
TABLE 9 PROTEIN HYDROLYSATES MARKET: DETAILED LIST OF KEY CONFERENCES & EVENTS 85
6.11 TARIFF AND REGULATORY LANDSCAPE 86
6.11.1 REGULATORY LANDSCAPE 86
6.11.1.1 North America 86
6.11.1.1.1 US 86
6.11.1.2 Europe 86
6.11.1.2.1 European Union 86
6.11.1.3 Asia Pacific 87
6.11.1.3.1 China 87
6.11.1.3.2 India 88
6.11.1.3.3 Japan 88
6.11.1.4 South America 89
6.11.1.4.1 Brazil 89
6.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
6.12 PORTER’S FIVE FORCES ANALYSIS 92
TABLE 13 PORTER’S FIVE FORCES IMPACT ON PROTEIN HYDROLYSATES MARKET 92
6.12.1 THREAT OF NEW ENTRANTS 92
6.12.2 THREAT OF SUBSTITUTES 92
6.12.3 BARGAINING POWER OF SUPPLIERS 93
6.12.4 BARGAINING POWER OF BUYERS 93
6.12.5 INTENSITY OF COMPETITIVE RIVALRY 93
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 94
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 94
FIGURE 40 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 TYPES 94
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 TYPES 95
6.13.2 BUYING CRITERIA 95
TABLE 15 KEY BUYING CRITERIA FOR TOP 3 TYPES 95
FIGURE 41 KEY BUYING CRITERIA FOR TOP 3 TYPES 95
6.14 CASE STUDY ANALYSIS 96
6.14.1 CARBERY GROUP COLLABORATED WITH UNIVERSITY COLLEGE DUBLIN TO OVERCOME PROTEIN COMPLEXITIES 96
7 PROTEIN HYDROLYSATES MARKET, BY TYPE 97
7.1 INTRODUCTION 98
FIGURE 42 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 98
TABLE 16 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION) 98
TABLE 17 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION) 99
TABLE 18 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT) 99
TABLE 19 PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT) 99
7.2 MILK PROTEIN HYDROLYSATES 100
7.2.1 ABILITY TO FUNCTION ACROSS DIVERSE ARRAY OF APPLICATIONS TO BE KEY DRIVER FOR MARKET GROWTH 100
TABLE 20 MILK PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 100
TABLE 21 MILK PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 100
TABLE 22 MILK PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 101
TABLE 23 MILK PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 101
7.2.2 WHEY PROTEIN HYDROLYSATES 101
TABLE 24 WHEY PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 101
TABLE 25 WHEY PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 102
7.2.3 CASEIN PROTEIN HYDROLYSATES 102
TABLE 26 CASEIN PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 27 CASEIN PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 103
7.3 MEAT PROTEIN HYDROLYSATES 103
7.3.1 MEAT PROTEIN HYDROLYSATES TO GAIN TRACTION IN FOOD AND NUTRITION INDUSTRY DUE TO THEIR NUMEROUS BENEFITS AND VERSATILE APPLICATIONS 103
TABLE 28 MEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 103
TABLE 29 MEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 104
TABLE 30 MEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 104
TABLE 31 MEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 104
7.3.2 BOVINE 105
TABLE 32 BOVINE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 33 BOVINE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 105
7.3.3 SWINE 106
TABLE 34 SWINE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 35 SWINE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 106
7.3.4 POULTRY 107
TABLE 36 POULTRY: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 37 POULTRY: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 107
7.4 MARINE PROTEIN HYDROLYSATES 108
7.4.1 MARINE PROTEIN HYDROLYSATES TO WITNESS INCREASED DEMAND, SUPPORTED BY WIDE RANGE OF AMINO ACIDS FOUND IN FISH MEAT 108
TABLE 38 MARINE PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 39 MARINE PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 108
TABLE 40 MARINE PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 109
TABLE 41 MARINE PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 109
7.4.2 FISH 109
TABLE 42 FISH: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 43 FISH: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 110
TABLE 44 FISH: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 110
TABLE 45 FISH: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 110
7.4.2.1 Tuna 110
TABLE 46 TUNA: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 47 TUNA: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 111
7.4.2.2 Cod 111
TABLE 48 COD: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 49 COD: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 112
7.4.2.3 Salmon 112
TABLE 50 SALMON: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 51 SALMON: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 112
7.4.2.4 Other Fishes 113
TABLE 52 OTHER FISHES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 53 OTHER FISHES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 113
7.4.3 ALGAE 114
TABLE 54 ALGAE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 114
TABLE 55 ALGAE: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 114
7.5 EGG PROTEIN HYDROLYSATES 115
7.5.1 USAGE IN SNACKS TO BE KEY FACTOR DRIVING UPWARD TREND IN MARKET GROWTH 115
TABLE 56 EGG PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 57 EGG PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 115
7.6 PLANT PROTEIN HYDROLYSATES 116
7.6.1 MARKET FOR PLANT PROTEIN HYDROLYSATES TO EXPAND DUE TO GROWING PREFERENCE FOR VEGETARIAN DIETS 116
TABLE 58 PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 116
TABLE 59 PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 116
TABLE 60 PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 117
TABLE 61 PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 117
7.6.2 SOY 117
TABLE 62 SOY PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 63 SOY PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
7.6.3 WHEAT 119
TABLE 64 WHEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 65 WHEAT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 119
7.6.4 OTHER PLANT PROTEIN 120
TABLE 66 OTHER PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 67 OTHER PLANT PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 120
7.7 YEAST PROTEIN HYDROLYSATES 121
7.7.1 MARKET TO WITNESS GROWTH DUE TO UNMATCHED DIGESTIBILITY INHERENT IN YEAST PROTEIN HYDROLYSATES 121
TABLE 68 YEAST PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 69 YEAST PROTEIN HYDROLYSATES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 121
8 PROTEIN HYDROLYSATES MARKET, BY SOURCE 122
8.1 INTRODUCTION 123
FIGURE 43 PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 123
TABLE 70 PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 124
TABLE 71 PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 124
8.2 ANIMAL 124
8.2.1 SURGE IN DEMAND FOR NUTRITIVE PROTEIN SOURCES TO DRIVE DEMAND FOR ANIMAL-SOURCED PROTEIN HYDROLYSATES 124
TABLE 72 ANIMAL: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 73 ANIMAL: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 125
8.3 PLANT 125
8.3.1 RISING DEMAND FOR PLANT-BASED PROTEIN SOURCES AND INCREASING TREND OF VEGANISM TO LEAD TO PLANT-BASED PROTEIN HYDROLYSATES MARKET GROWTH 125
TABLE 74 PLANT: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 75 PLANT: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 126
8.4 MICROBIAL 127
8.4.1 INCREASING NUTRITIVE AWARENESS IN FEED TO DRIVE MARKET FOR MICROBIAL PROTEIN SOURCES 127
TABLE 76 MICROBIAL: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 77 MICROBIAL: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 127
9 PROTEIN HYDROLYSATES MARKET, BY APPLICATION 128
9.1 INTRODUCTION 129
FIGURE 44 FOOD & BEVERAGES SEGMENT TO LEAD THE MARKET IN 2023 (USD MILLION) 129
TABLE 78 PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 129
TABLE 79 PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 130
9.2 FOOD & BEVERAGES 130
9.2.1 CONSUMER SHIFT TOWARD HEALTHY AND NUTRITIVE LIFESTYLES TO DRIVE MARKET 130
TABLE 80 FOOD & BEVERAGES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 81 FOOD & BEVERAGES: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 131
9.3 INFANT NUTRITION 131
9.3.1 MARKET EXPANSION TO BE FUELED BY ELEVATED BIRTH RATES AND RISE IN CONSUMER AFFLUENCE 131
TABLE 82 INFANT NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 83 INFANT NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 132
9.4 CLINICAL NUTRITION 132
9.4.1 INCREASING NUMBER OF GERIATRIC POPULATIONS WORLDWIDE TO BOOST MARKET GROWTH 132
TABLE 84 CLINICAL NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 85 CLINICAL NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 133
9.5 WEIGHT MANAGEMENT 134
9.5.1 HEIGHTENED AWARENESS AND EMPHASIS ON HEALTH TO FUEL DEMAND FOR PROTEIN HYDROLYSATES 134
FIGURE 45 NUMBER OF HEALTH CLUBS IN US, 2015–2019 134
TABLE 86 WEIGHT MANAGEMENT: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 87 WEIGHT MANAGEMENT: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 135
9.6 SPORTS NUTRITION 135
9.6.1 EARLY PROTEIN RECOVERY AND ITS ADVANTAGES TO PROPEL DEMAND FOR PROTEIN HYDROLYSATES IN FIELD OF SPORTS NUTRITION 135
TABLE 88 SPORTS NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 136
TABLE 89 SPORTS NUTRITION: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 136
9.7 DIETARY SUPPLEMENTS 136
9.7.1 MARKET FOR PROTEIN HYDROLYSATES TO EXPAND DUE TO THEIR ROLE IN NUTRITION FULFILLMENT 136
TABLE 90 DIETARY SUPPLEMENTS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 91 DIETARY SUPPLEMENTS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 137
9.8 FEED 137
9.8.1 RISING DEMAND FOR LIVESTOCK PRODUCTS TO FUEL DEMAND FOR PROTEIN HYDROLYSATES IN FEED INDUSTRY 137
TABLE 92 FEED: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 138
TABLE 93 FEED: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 138
10 PROTEIN HYDROLYSATES MARKET, BY FORM 139
10.1 INTRODUCTION 140
FIGURE 46 PROTEIN HYDROLYSATES MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 140
TABLE 94 PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION) 140
TABLE 95 PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION) 141
10.2 DRY 141
10.2.1 INCREASING APPLICATIONS OF DRY PROTEIN PRODUCTS IN FOOD & BEVERAGE INDUSTRY TO DRIVE MARKET GROWTH 141
TABLE 96 DRY: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 141
TABLE 97 DRY: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 142
10.3 LIQUID 142
10.3.1 HIGHER PROTEIN ENRICHMENT REQUIREMENTS IN NUTRITIONAL SUPPLEMENTS TO DRIVE DEMAND FOR LIQUID PROTEIN HYDROLYSATES 142
TABLE 98 LIQUID: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 142
TABLE 99 LIQUID: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 143
11 PROTEIN HYDROLYSATES MARKET, BY PROCESS 144
11.1 INTRODUCTION 145
FIGURE 47 ENZYMATIC HYDROLYSIS SEGMENT TO LEAD MARKET IN 2023 (USD MILLION) 145
TABLE 100 PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION) 145
TABLE 101 PROTEIN HYDROLYSATES MARKET SIZE, BY PROCESS, 2023–2028 (USD MILLION) 145
11.2 ACID/ALKALINE HYDROLYSIS 146
11.2.1 COST-EFFECTIVE PRODUCTION TO BE KEY FACTOR PROPELLING ACID/ALKALINE HYDROLYSIS PROCESS 146
TABLE 102 ACID/ALKALINE HYDROLYSIS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 146
TABLE 103 ACID/ALKALINE HYDROLYSIS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 147
11.3 ENZYMATIC HYDROLYSIS 147
11.3.1 ENZYMATIC HYDROLYSIS TO HEIGHTEN PROTEIN BIOAVAILABILITY, PROMOTING EFFICIENT UTILIZATION OF NUTRIENTS 147
TABLE 104 ENZYMATIC HYDROLYSIS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 148
TABLE 105 ENZYMATIC HYDROLYSIS: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 148
12 PROTEIN HYDROLYSATES MARKET, BY REGION 149
12.1 INTRODUCTION 150
FIGURE 48 CHINA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD 150
TABLE 106 PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION) 151
TABLE 107 PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION) 151
TABLE 108 PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (KT) 151
TABLE 109 PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (KT) 152
12.2 NORTH AMERICA 152
FIGURE 49 NORTH AMERICA: REGIONAL SNAPSHOT, 2023 153
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 153
FIGURE 50 INFLATION IN NORTH AMERICA: COUNTRY-LEVEL DATA, 2017–2022 154
FIGURE 51 NORTH AMERICA: RECESSION IMPACT ANALYSIS 155
TABLE 110 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 155
TABLE 111 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 155
TABLE 112 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION) 156
TABLE 113 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION) 156
TABLE 114 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT) 156
TABLE 115 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT) 157
TABLE 116 NORTH AMERICA: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 157
TABLE 117 NORTH AMERICA: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 157
TABLE 118 NORTH AMERICA: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 157
TABLE 119 NORTH AMERICA: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 158
TABLE 120 NORTH AMERICA: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 158
TABLE 121 NORTH AMERICA: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 158
TABLE 122 NORTH AMERICA: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 158
TABLE 123 NORTH AMERICA: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 159
TABLE 124 NORTH AMERICA: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 159
TABLE 125 NORTH AMERICA: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 159
TABLE 126 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 160
TABLE 127 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 160
TABLE 128 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION) 160
TABLE 129 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023–2028 (USD MILLION) 160
TABLE 130 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION) 161
TABLE 131 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION) 161
TABLE 132 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 161
TABLE 133 NORTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 162
12.2.2 US 162
12.2.2.1 Rising awareness of environmental and personal health to drive growth and demand for plant-based protein hydrolysates 162
TABLE 134 US: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 163
TABLE 135 US: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 163
12.2.3 CANADA 163
12.2.3.1 Booming food & beverage industry and wellness trends to boost market for protein hydrolysates 163
TABLE 136 CANADA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 164
TABLE 137 CANADA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 164
12.2.4 MEXICO 164
12.2.4.1 Evolving consumer preferences and increasing demand for nutritious infant & pet foods to stimulate market growth 164
TABLE 138 MEXICO: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 164
TABLE 139 MEXICO: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 165
12.3 EUROPE 165
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 165
FIGURE 52 INFLATION IN EUROPE: COUNTRY-LEVEL DATA, 2017–2022 167
FIGURE 53 EUROPE: RECESSION IMPACT ANALYSIS 167
TABLE 140 EUROPE: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 167
TABLE 141 EUROPE: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 168
TABLE 142 EUROPE: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION) 168
TABLE 143 EUROPE: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION) 168
TABLE 144 EUROPE: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT) 169
TABLE 145 EUROPE: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT) 169
TABLE 146 EUROPE: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 169
TABLE 147 EUROPE: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 170
TABLE 148 EUROPE: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 170
TABLE 149 EUROPE: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 170
TABLE 150 EUROPE: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 170
TABLE 151 EUROPE: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 171
TABLE 152 EUROPE: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 171
TABLE 153 EUROPE: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 171
TABLE 154 EUROPE: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 171
TABLE 155 EUROPE: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 172
TABLE 156 EUROPE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 172
TABLE 157 EUROPE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 172
TABLE 158 EUROPE: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION) 172
TABLE 159 EUROPE: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023–2028 (USD MILLION) 173
TABLE 160 EUROPE: PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION) 173
TABLE 161 EUROPE: PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION) 173
TABLE 162 EUROPE: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 173
TABLE 163 EUROPE: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 174
12.3.2 GERMANY 174
12.3.2.1 Increasing dependence on plant-based foods and high adoption rate of flexitarian diets to boost demand for protein hydrolysates 174
TABLE 164 GERMANY: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 174
TABLE 165 GERMANY: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 175
12.3.3 UK 175
12.3.3.1 Increased health awareness and high dairy product consumption to drive market growth in UK 175
TABLE 166 UK: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 175
TABLE 167 UK: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 176
12.3.4 ITALY 176
12.3.4.1 Rapidly changing consumer preferences from conventional to plant-based protein to drive market growth in Italy 176
TABLE 168 ITALY: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 176
TABLE 169 ITALY: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 176
12.3.5 FRANCE 177
12.3.5.1 Government support to develop domestic plant-based protein production and reduce imports to drive growth in France 177
TABLE 170 FRANCE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 177
TABLE 171 FRANCE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 177
12.3.6 REST OF EUROPE 178
TABLE 172 REST OF EUROPE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 178
TABLE 173 REST OF EUROPE: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 178
12.4 ASIA PACIFIC 179
FIGURE 54 ASIA PACIFIC: REGIONAL SNAPSHOT, 2023 179
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 180
FIGURE 55 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2022 180
FIGURE 56 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2022 181
TABLE 174 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 181
TABLE 175 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 181
TABLE 176 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION) 182
TABLE 177 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION) 182
TABLE 178 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT) 182
TABLE 179 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT) 183
TABLE 180 ASIA PACIFIC: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 183
TABLE 181 ASIA PACIFIC: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 183
TABLE 182 ASIA PACIFIC: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 183
TABLE 183 ASIA PACIFIC: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 184
TABLE 184 ASIA PACIFIC: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 184
TABLE 185 ASIA PACIFIC: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 184
TABLE 186 ASIA PACIFIC: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 184
TABLE 187 ASIA PACIFIC: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 185
TABLE 188 ASIA PACIFIC: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 185
TABLE 189 ASIA PACIFIC: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 185
TABLE 190 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 185
TABLE 191 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 186
TABLE 192 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION) 186
TABLE 193 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023–2028 (USD MILLION) 186
TABLE 194 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION) 186
TABLE 195 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION) 187
TABLE 196 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 187
TABLE 197 ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 187
12.4.2 CHINA 188
12.4.2.1 Demand for products with health benefits to drive market growth in China 188
TABLE 198 CHINA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 189
TABLE 199 CHINA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 189
12.4.3 JAPAN 189
12.4.3.1 Ageing population and rising consumption of protein-based convenience foods to drive market growth in Japan 189
TABLE 200 JAPAN: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 189
TABLE 201 JAPAN: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 190
12.4.4 INDIA 190
12.4.4.1 Rising sports & fitness awareness in youngsters to drive market growth for protein hydrolysates in India 190
TABLE 202 INDIA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 190
TABLE 203 INDIA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 191
12.4.5 AUSTRALIA & NEW ZEALAND 191
12.4.5.1 Investments from key players and rising vegan population in AnZ to drive growth of protein hydrolysates market 191
TABLE 204 AUSTRALIA & NEW ZEALAND: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 191
TABLE 205 AUSTRALIA & NEW ZEALAND: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 192
12.4.6 REST OF ASIA PACIFIC 192
TABLE 206 REST OF ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 192
TABLE 207 REST OF ASIA PACIFIC: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 193
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 57 INFLATION IN SOUTH AMERICA: COUNTRY-LEVEL DATA, 2017–2022
FIGURE 58 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
TABLE 208 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 209 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 210 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 211 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 212 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT)
TABLE 213 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT)
TABLE 214 SOUTH AMERICA: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 215 SOUTH AMERICA: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 216 SOUTH AMERICA: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 217 SOUTH AMERICA: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 218 SOUTH AMERICA: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 219 SOUTH AMERICA: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 220 SOUTH AMERICA: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 221 SOUTH AMERICA: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 222 SOUTH AMERICA: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 223 SOUTH AMERICA: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 224 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 225 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
TABLE 226 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 227 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023–2028 (USD MILLION)
TABLE 228 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION)
TABLE 229 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION)
TABLE 230 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 231 SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.5.2 BRAZIL
12.5.2.1 Growing soybean production and animal meat exports to boost market for protein hydrolysates in Brazil
TABLE 232 BRAZIL: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 233 BRAZIL: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
12.5.3 ARGENTINA
12.5.3.1 Increasing demand for whey proteins in infant nutrition to drive market in Argentina
TABLE 234 ARGENTINA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 235 ARGENTINA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
12.5.4 REST OF SOUTH AMERICA
TABLE 236 REST OF SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 237 REST OF SOUTH AMERICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
12.6 REST OF THE WORLD (ROW)
12.6.1 ROW: RECESSION IMPACT ANALYSIS
FIGURE 59 ROW: INFLATION RATES, BY KEY REGION, 2017–2022
FIGURE 60 ROW: RECESSION IMPACT ANALYSIS, 2023
TABLE 238 ROW: PROTEIN HYDROLYSATES MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 239 ROW: PROTEIN HYDROLYSATES MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 240 ROW: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 241 ROW: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 242 ROW: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2019–2022 (KT)
TABLE 243 ROW: PROTEIN HYDROLYSATES MARKET, BY TYPE, 2023–2028 (KT)
TABLE 244 ROW: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 245 ROW: MILK PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 246 ROW: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 247 ROW: MEAT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 248 ROW: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 249 ROW: MARINE PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 250 ROW: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 251 ROW: FISH PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 252 ROW: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2019–2022 (USD MILLION)
TABLE 253 ROW: PLANT PROTEIN HYDROLYSATES MARKET, BY SUBTYPE, 2023–2028 (USD MILLION)
TABLE 254 ROW: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 255 ROW: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
TABLE 256 ROW: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2019–2022 (USD MILLION)
TABLE 257 ROW: PROTEIN HYDROLYSATES MARKET, BY PROCESS, 2023–2028 (USD MILLION)
TABLE 258 ROW: PROTEIN HYDROLYSATES MARKET, BY FORM, 2019–2022 (USD MILLION)
TABLE 259 ROW: PROTEIN HYDROLYSATES MARKET, BY FORM, 2023–2028 (USD MILLION)
TABLE 260 ROW: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 261 ROW: PROTEIN HYDROLYSATES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.6.2 AFRICA
12.6.2.1 Favorable processing conditions coupled with rising consumer awareness about health issues to drive market growth in Africa
TABLE 262 AFRICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 263 AFRICA: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
12.6.3 MIDDLE EAST
12.6.3.1 Rising instances of obesity and diabetes to fuel demand for protein-rich food in Middle East
TABLE 264 MIDDLE EAST: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
TABLE 265 MIDDLE EAST: PROTEIN HYDROLYSATES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
13 COMPETITIVE LANDSCAPE (Page No. - 215)
13.1 OVERVIEW
13.2 MARKET SHARE ANALYSIS, 2022
TABLE 266 PROTEIN HYDROLYSATES MARKET: DEGREE OF COMPETITION, 2022
13.3 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 267 STRATEGIES ADOPTED BY KEY PLAYERS
13.4 REVENUE ANALYSIS
FIGURE 61 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 (USD BILLION)
13.5 KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH
FIGURE 62 ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 (%)
13.6 KEY PLAYERS’ EBIT/EBITDA
FIGURE 63 EBITDA, 2022 (USD BILLION)
13.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS
FIGURE 64 PROTEIN HYDROLYSATES MARKET: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022
13.8 COMPANY EVALUATION MATRIX (KEY PLAYERS)
13.8.1 STARS
13.8.2 EMERGING LEADERS
13.8.3 PERVASIVE PLAYERS
13.8.4 PARTICIPANTS
FIGURE 65 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2022
13.8.5 COMPANY FOOTPRINT
TABLE 268 COMPANY FOOTPRINT, BY TYPE
TABLE 269 COMPANY FOOTPRINT, BY APPLICATION
TABLE 270 COMPANY FOOTPRINT, BY SOURCE
TABLE 271 COMPANY FOOTPRINT, BY REGION
TABLE 272 OVERALL COMPANY FOOTPRINT
13.9 STARTUP/SME EVALUATION MATRIX
13.9.1 PROGRESSIVE COMPANIES
13.9.2 RESPONSIVE COMPANIES
13.9.3 DYNAMIC COMPANIES
13.9.4 STARTING BLOCKS
FIGURE 66 STARTUP/SME EVALUATION MATRIX, 2022
13.9.5 COMPETITIVE BENCHMARKING
TABLE 273 PROTEIN HYDROLYSATES MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 274 PROTEIN HYDROLYSATES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
13.10 COMPETITIVE SCENARIO
13.10.1 DEALS
TABLE 275 PROTEIN HYDROLYSATES MARKET: DEALS, NOVEMBER 2022–NOVEMBER 2023
13.10.2 EXPANSIONS
TABLE 276 PROTEIN HYDROLYSATES MARKET: EXPANSIONS, JUNE 2022–DECEMBER 2022
14 COMPANY PROFILES (Page No. - 234)
(Business overview, Products/Services/Solutions offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 ARLA FOODS AMBA
TABLE 277 ARLA FOODS AMBA: COMPANY OVERVIEW
FIGURE 67 ARLA FOODS AMBA: COMPANY SNAPSHOT
TABLE 278 ARLA FOODS AMBA: PRODUCTS OFFERED
14.1.2 KERRY GROUP PLC
TABLE 279 KERRY GROUP PLC: BUSINESS OVERVIEW
FIGURE 68 KERRY GROUP PLC: COMPANY SNAPSHOT
TABLE 280 KERRY GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 281 KERRY GROUP PLC: DEALS
14.1.3 ADM
TABLE 282 ADM: BUSINESS OVERVIEW
FIGURE 69 ADM: COMPANY SNAPSHOT
TABLE 283 ADM: PRODUCTS OFFERED
14.1.4 GLANBIA PLC
TABLE 284 GLANBIA PLC: BUSINESS OVERVIEW
FIGURE 70 GLANBIA PLC: COMPANY SNAPSHOT
TABLE 285 GLANBIA PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
14.1.5 FRIESLANDCAMPINA
TABLE 286 FRIESLANDCAMPINA: COMPANY OVERVIEW
FIGURE 71 FRIESLANDCAMPINA: COMPANY SNAPSHOT
TABLE 287 FRIESLANDCAMPINA: PRODUCTS OFFERED
14.1.6 AZELIS GROUP
TABLE 288 AZELIS GROUP: COMPANY OVERVIEW
FIGURE 72 AZELIS GROUP: COMPANY SNAPSHOT
TABLE 289 AZELIS GROUP: PRODUCTS OFFERED
TABLE 290 AZELIS GROUP: DEALS
TABLE 291 AZELIS GROUP: OTHERS
14.1.7 FONTERRA CO-OPERATIVE GROUP LIMITED
TABLE 292 FONTERRA CO-OPERATIVE GROUP LIMITED: COMPANY OVERVIEW
FIGURE 73 FONTERRA CO-OPERATIVE GROUP LIMITED: COMPANY SNAPSHOT
TABLE 293 FONTERRA CO-OPERATIVE GROUP LIMITED: PRODUCTS OFFERED
14.1.8 TITAN BIOTECH
TABLE 294 TITAN BIOTECH: COMPANY OVERVIEW
FIGURE 74 TITAN BIOTECH: COMPANY SNAPSHOT
TABLE 295 TITAN BIOTECH: PRODUCTS OFFERED
14.1.9 TATUA
TABLE 296 TATUA: COMPANY OVERVIEW
FIGURE 75 TATUA: COMPANY SNAPSHOT
TABLE 297 TATUA: PRODUCTS OFFERED
14.1.10 CARGILL, INCORPORATED
TABLE 298 CARGILL, INCORPORATED: COMPANY OVERVIEW
FIGURE 76 CARGILL, INCORPORATED: COMPANY SNAPSHOT
TABLE 299 CARGILL, INCORPORATED: PRODUCTS OFFERED
14.1.11 HOFSETH BIOCARE ASA
TABLE 300 HOFSETH BIOCARE ASA: COMPANY OVERVIEW
FIGURE 77 HOFSETH BIOCARE ASA: COMPANY SNAPSHOT
TABLE 301 HOFSETH BIOCARE ASA: PRODUCTS OFFERED
14.1.12 ARMOR PROTÉINES
TABLE 302 ARMOR PROTÉINES: COMPANY OVERVIEW
TABLE 303 ARMOR PROTÉINES: PRODUCTS OFFERED
14.1.13 KRISHNA ENZYTECH PVT LTD
TABLE 304 KRISHNA ENZYTECH PVT LTD: COMPANY OVERVIEW
TABLE 305 KRISHNA ENZYTECH PVT LTD: PRODUCTS OFFERED
14.1.14 ROQUETTE FRÈRES
TABLE 306 ROQUETTE FRÈRES: BUSINESS OVERVIEW
TABLE 307 ROQUETTE FRÈRES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
14.1.15 CARBERY GROUP
TABLE 308 CARBERY GROUP: COMPANY OVERVIEW
TABLE 309 CARBERY GROUP: PRODUCTS OFFERED
14.2 OTHER PLAYERS
14.2.1 AMCO PROTEINS
TABLE 310 AMCO PROTEINS: COMPANY OVERVIEW
TABLE 311 AMCO PROTEINS: PRODUCTS OFFERED
TABLE 312 AMCO PROTEINS: OTHERS
14.2.2 APC - WATCH THEM THRIVE
TABLE 313 APC - WATCH THEM THRIVE: COMPANY OVERVIEW
TABLE 314 APC - WATCH THEM THRIVE: PRODUCTS OFFERED
14.2.3 A. COSTANTINO & C. SPA
TABLE 315 A. COSTANTINO & C. SPA: COMPANY OVERVIEW
TABLE 316 A. COSTANTINO & C. SPA: PRODUCTS OFFERED
14.2.4 INGREDIA
TABLE 317 INGREDIA: COMPANY OVERVIEW
TABLE 318 INGREDIA: PRODUCTS OFFERED
14.2.5 KEMIN INDUSTRIES, INC.
TABLE 319 KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW
TABLE 320 KEMIN INDUSTRIES, INC.: PRODUCTS OFFERED
14.2.6 AXIOM FOODS, INC
TABLE 321 AXIOM FOODS, INC
14.2.7 HIYEAST
TABLE 322 HIYEAST
14.2.8 HILMAR CHEESE COMPANY, INC
TABLE 323 HILMAR CHEESE COMPANY, INC
14.2.9 CRESCENT BIOTECH
TABLE 324 CRESCENT BIOTECH
14.2.10 CHAITANYA AGRO BIOTECH PVT. LTD.
TABLE 325 CHAITANYA AGRO BIOTECH PVT. LTD.
14.2.11 KAVYA PHARMA
TABLE 326 KAVYA PHARMA
*Details on Business overview, Products/Services/Solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS (Page No. - 285)
15.1 INTRODUCTION
TABLE 327 ADJACENT MARKETS TO PROTEIN HYDROLYSATES MARKET
15.2 STUDY LIMITATIONS
15.3 PROTEIN INGREDIENTS MARKET
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
TABLE 328 PROTEIN INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)
TABLE 329 PROTEIN INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)
15.4 PROTEIN HYDROLYSIS ENZYMES MARKET
15.4.1 MARKET DEFINITION
15.4.2 MARKET OVERVIEW
TABLE 330 PROTEIN HYDROLYSIS ENZYMES MARKET, BY SOURCE, 2018–2021 (USD MILLION)
TABLE 331 PROTEIN HYDROLYSIS ENZYMES MARKET, BY SOURCE, 2022–2027 (USD MILLION)
16 APPENDIX (Page No. - 288)
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 CUSTOMIZATION OPTIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
