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Global Antimicrobial (Enzymatic) Protein Hydrolysates Market Share

Report ID: GMI5285
Published Date: Jun 2022
Report Format: PDF

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Antimicrobial Protein Hydrolysates Market Share

The global antimicrobial (enzymatic) protein hydrolysates industry for food & pet food applications is competitive with

Kerry Group
BRF Ingredients
Symrise
Kemin Industries Inc.
Cargill

being some of the major and well-established players in the market. Market participants are adopting different organic & inorganic growth strategies such as mergers & acquisitions to capture a greater share in the global antimicrobial (enzymatic) protein hydrolysates market for food & pet food applications.

In February 2020, Kerry Group acquired Pevesa Biotech, a Spanish company involved in rice and pea protein processing. Pevesa is involved in the production of protein isolates and enzymatic non-allergenic, non-GMO plant protein hydrolysates for use in different applications including infant, general and clinical nutrition.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global antimicrobial (enzymatic) protein hydrolysates industry size for food and pet food applications crossed USD 194.5 million in 2021 and is predicted to exhibit around 9% CAGR during the forecast period of 2022-2028.

Global plant-based enzymatic protein hydrolysates industry shar for food and pet food applications was valued at more than USD 70 million during 2021 and is anticipated to record a 9% CAGR through 2028 with a robust adoption of vegan and organic diets for pet and human consumption.

From the pet food application segment, enzymatic protein hydrolysates industry will generate USD 232.5 million in revenue by 2028 with a growing demand for high-quality pet health and nutrition products, that are rich in amino acids and proteins.

Kemin Industries Inc., Symrise, BRF Ingredients, Cargill, and Kerry Group, among others, are the top companies in antimicrobial (enzymatic) protein hydrolysates industry.