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Global Outlook on the Protein Hydrolysates Market to 2023 - Minimization of Production Cost

(July 12, 2018)

Dublin, July 12, 2018 (GLOBE NEWSWIRE) -- The "Protein Hydrolysates Market by Type, Application, Process, Source, Form, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.



The protein hydrolysates market is projected to have a CAGR of 8.56%, to reach USD 4.13 billion by 2023, from USD 2.74 billion in 2018.

The demand for protein hydrolysates is projected to be on the rise, owing to factors such as an increase in demand for nutrition-based products-which include clinical nutrition and infant formulas-animal feed, and weight management products. Increased use of premium ingredients with high protein content in nutritional food products creates significant demand for protein hydrolysates around the world. Also, increasing health awareness, leading to the consumption of functional and nutritional food among consumers is another considerable growth driving factors for the global protein hydrolysates market. However, high R&D cost and stringent government regulations have been restraining the growth of this market, worldwide.

The protein hydrolysates market, by type, has been segmented into milk protein hydrolysates, plant protein hydrolysates, animal protein hydrolysates, marine protein hydrolysates, egg protein hydrolysates, and yeast protein hydrolysates. Milk protein hydrolysates have emerged as the most widely used type owing to their multi-functional properties and their vast application in infant formula, clinical nutrition, and weight management.

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