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Global Milk Protein Hydrolysate Market, By Product [Whey, Casein], By Form [Powder, Paste], By Technology [Acid Hydrolysis, Enzymatic Hydrolysis], By Application [Clinical Nutrition, Bakery, Sports Nutrition, Animal Feed(Poultry (Broilers, Layers), Infant Nutrition, Swine, Cattle], Aquaculture [Trouts, Salmon, Shrimps], Equine, Pet], By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2014-2027
Market Overview
Global Milk Protein Hydrolysate Market is expected to reach over US$ 1.5 billion by 2027 with a CAGR of 7% from 2020-27. It is due to increasing health awareness among consumers, growing female workforce and increasing demand in sports nutrition.
Milk Protein Hydrolysate is high in amino acids and has other essential elements required for infants' growth. Therefore it is widely used as an alternative source to breastfeeding for infants. Increasing demand for clinical nutritional products for the treatment of the elderly population which provides balanced nutrition is expected to boost Milk Protein Hydrolysate Market growth. The Milk Protein Hydrolysate also possesses various multifunctional properties which include maintenance of protein level, muscle toning and supports immunity is likely to induce the growth of the Milk Protein Hydrolysate market globally.
However, the limitations imposed on the production process are hindering the growth of the Global Milk Protein Hydrolysate Market.
Market Segmentation
Global Milk Protein Hydrolysate Market can be segmented into Product, Form, Technology, Application, and Region.
By Product, Global Milk Protein Hydrolysate Market can be segmented into Whey, Casein. The whey protein segment is expected to grow significantly during the forecasted period of 2020-27 due to its high demand from sportspersons. It helps to gain muscle mass and increase stamina in sports-related activities and therefore the demand for products is inducing the growth of this market segment.
By Form, Global Milk Protein Hydrolysate Market can be segmented into Powder, Paste. The Powder segment is expected to grow significantly during the forecasted period of 2020-27 die to its long shelf life and high solubility.
By Technology, Global Milk Protein Hydrolysate Market can be segmented into Acid Hydrolysis, Enzymatic Hydrolysis. The acid hydrolysis is expected to grow significantly during the forecasted period of 2020-27 due to its high functional and solubility properties.
By Application, Global Milk Protein Hydrolysate Market can be segmented into Clinical Nutrition, Bakery, Sports Nutrition, Animal Feed(Poultry (Broilers, Layers), Infant Nutrition, Swine, Cattle, Aquaculture [Trouts, Salmon, Shrimps], Equine, Pet. The Infant nutrition segment is expected to grow significantly during the forecasted period of 2020-27 due to the increasing number of working mothers.
By Region, Global Milk Protein Hydrolysate Market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regional Analysis
Regionally, North America Milk Protein Hydrolysate Market leads the global market with the largest market share due to increasing health awareness and a shift of consumer preference towards healthy and nutritional products.
Asia Pacific Milk Protein Hydrolysate market is expected to grow significantly during the forecasted period of 2020-27 due to rising investments and growing meat consumption as Milk protein is used as animal feed to enhance quality is inducing the market to grow.
Competitor Analysis
The key players in Global Milk Protein Hydrolysate Market are Arla Foods Hydrolysate Group P/S, Tatua Co-operative Dairy Company Limited, AMCO Proteins, FrieslandCampina DMV B.V., Chaitanya Biologicals Private Limited, A. Costantino & C. Spa, Hilmar Hydrolysate, Ba'emek Advanced Technologies Ltd., HaveroHoogwegt, Agropur Cooperative, Milk Specialties Global, Glanbia Nutritionals, Ingredia Group, Armor Proteines, Kerry Hydrolysate, Murray Goulburn, Lactalis Group, Fonterra Co-operative Group Ltd., Mead Johnson & Company, Carbery Group, Danone S.A., MILEI, Nestle S.A., Meiji Holdings Co. Ltd., Cargill Inc, Morinaga Milk, China Mengniu Dairy Company Limited, Bright Dairy & Food Co. Ltd., Yili, Leprino Foods Company, Inc.
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