Protein Hydrolysate Ingredients Market Poised to Rake in US$ 5.1 Bn by 2024
Verfasser: pradnya_86 on Thursday, 2 March 2017On the account of rising occurrences of sports-related physical injuries in the world, the need for rapid recovery will continue to be prioritised in the years to come. Presence of protein hydrolysate ingredients in sports medicine, nutritional supplements as well as baby food products will continue to gain traction in order to avert health risks caused to children and adults due to muscle strain-related injuries. A recent study developed by Future Market Insights has estimated that in 2016, over 100,000 MT of protein hydrolysate ingredients were sold through sales of such products. By the end of 2024, the global protein hydrolysate ingredients consumption is projected to reach 135,609 MT in volumes.
With respect to their forecast report, Future Market Insights predicts that the global market for protein hydrolysate ingredients, which is presently valued at an estimated US$ 3.1 billion, will expand at a robust CAGR of 6.2% to reach US$ 5.1 billion revenues by 2024-end.
Outright Preference to Milk Protein Hydrolysates