The milk protein hydrolysate market is earmarked to register notable growth driven by escalating demand for infant nutritional products, along with rising prevalence of diseases associated with malnutrition.
As per the World Health Organization, nearly 45% of deaths among children up to 5 years of age, are associated with undernutrition. Milk protein hydrolysates have higher protein content in comparison to plant protein hydrolysates. Foods with higher protein content are highly recommended to individuals suffering from significant nutrition deficiency.
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Global milk protein hydrolysate market size is slated to cross over $1,555 million by 2027, as per the latest report by Global Market Insights, Inc.
Pet applications held almost $2.60 million market share of milk protein hydrolysate industry in 2020. Soaring demand for high-quality animal feed, along with rising pet humanization trend is likely to drive preference for hydrolyzed proteins for adopted animals. Moreover, the importance of proteins and nutrients on animal health is encouraging pet owners to adopt healthier food for pets.
Protein-rich food for dogs and cats enhances their digestion and muscle health. For example, whey protein in animal feed renders good amino acid profiles that help avoid frequent infections and enhancing poor muscle tone and energy levels. Whey proteins are usually natural, with no added artificial flavor and sweeteners. These natural proteins provide an adequate amount of protein to pets that further aids in weight management by keeping them full. These proteins can be provided to pets as protein shakes or meals.
Global milk protein hydrolysate industry share from salmons was around $10.5 million in 2020 and is expected to witness notable traction in the forthcoming years. Soaring consumption of seafood globally owing to their rich protein content, along with numerous health benefits is likely to stimulate the demand for hydrolyzed milk protein feed for salmons. According to FAO Agriculture Outlook 2020, global fish production is poised to reach 200 Mt by 2029.
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Europe milk protein hydrolysates industry share of the global market is anticipated to witness a CAGR of 6.5% up to 2027. Hydrolyzed milk proteins are extensively utilized in dietary supplements and sports nutrition products, which are available in different forms, such as nutrition bars, shakes, and powders.
Whey proteins help in improving digestion, promoting weight loss, and lowering cholesterol. Growing awareness about various health benefits of whey protein, as well as, physical fitness in Europe are the major factors driving business growth in the region.
Leading companies active in global milk protein hydrolysate industry include Tatua Co-operative Dairy Company Limited, Glanbia Nutritionals, Armor Proteines, Chaitanya Biologicals Private Limited, Agropur Cooperative, Arla Foods Ingredients Group P/S, Kerry Ingredients, and MILEI, among others. These prominent companies are emphasizing on mergers, partnerships, and novel product launches to strengthen their presence in the global market.
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Growing participation in sports, especially among teens and youth, along with escalating adoption of healthy lifestyles, is augmenting the demand for protein-rich food and sports supplements. Moreover, greater protein content in milk protein hydrolysates as compared to other sources are propelling their applications in weight management, nutraceuticals, and sports.
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