Protein Hydrolysate Ingredient Market to Record Stellar CAGR During 2018 - 2028
Verfasser: yogesh on Thursday, 4 April 2019Rapid inclination of consumers towards sport nutrition on the coattails of rising awareness regarding health and nutrition-related issues has been influencing the demand for protein hydrolysate ingredients, mostly whey variants, in the recent years. Numerous health benefits of whey protein hydrolysate ingredients and their derivation from best sources of protein are the key factors expected to increase the consumption and give a boost to growth of global protein hydrolysate ingredients market.
The global market protein hydrolysate ingredients is estimated to be valued at US$ 1 billion in 2018 and grow at an significant CAGR of 7.3% to double the total revenue through 2018.
Whey Protein Hydrolysate Ingredients to Witness Market Saturation
Despite their dominance, whey protein hydrolysates are likely to be on the verge of facing saturation in the global protein hydrolysate ingredients market, which is projected to surpass US$ 1 billion by 2028-end, owing to their easy applicability, versatility, and great taste over other variants. Based on consumption, the segment for whey protein hydrolysates is foreseen to attain a volume of more than 59,000 MT by the end of the forecast period (2018-2028). Further, increasing demand for whey protein hydrolysate ingredients among athletes, sportspersons, and health-conscious population is likely to complement the market growth.