iCrowdNewswire Jan 8, 2021 6:00 AM ET
Market Research Future (MRFR) assessed the Global Protein Hydrolysates Market 2020 across the review period till 2023. The global protein hydrolysates market can earn decent share with considerable revenue by 2023. The increase in consumption of protein hydrolysates due to rise in cases of protein deficiency can underpin the market expansion.
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Tate & Lyle plc (UK), Archer Daniels Midland Company (US), Hilmar Ingredients (US), KONINKLIJKE DSM N.V. (Netherlands), FRIESLANDCAMPINA (Netherlands), Glanbia plc (Ireland), Danone NUTRICIA (Netherlands), Kerry Group plc (Ireland), Abbott Laboratories (US), Arla Foods (Denmark), and AMCO Proteins (US) are some key players in the Global Protein Hydrolysates Industry that are Recognized by MRFR.
The segment study of the global Protein Hydrolysates Industry is done by type, source, form, and application.
The type-based segments of the global protein hydrolysates market are egg protein hydrolysate, milk protein hydrolysate, plant protein hydrolysate, meat protein hydrolysate, and marine protein hydrolysate, among others. The milk protein hydrolysate segment is expected to earn considerable revenue for the global market. The increase in the demand for milk protein hydrolysates can support the market rise.
The form-based segments of the global Protein Hydrolysates Market are liquid and powder. The powder segment can garner decent revenue for the market across the forecast period.
The application-based segments of the global protein hydrolysates market are functional food, animal feed, beverages, infant nutrition, and dietary supplements among others. The infant nutrition segment can hold considerable share of the world protein hydrolysates market.
The regional analysis of the protein hydrolysates market is done for Asia-Pacific, North America, Europe, and the Rest of the World.
In North America, the protein hydrolysates market is expected to rise at high pace that can lead the world protein hydrolysates market. This can be credited to the existence of the existence of different food and beverage manufacturers spread across the region. The rise in preference of consumers for infant nutrition and healthy food products can fuel rise of North America protein hydrolysate market.
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