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Antimicrobial (Enzymatic) Protein Hydrolysates for Food & Pet Food Applications Market size worth over USD 363.5 million by 2028
Published Date: July 8, 2022According to a new research report by Global Market Insights Inc., the global Antimicrobial (Enzymatic) Protein Hydrolysates Market for food & pet food applications size is set to surpass USD 363.5 million by 2028.
Increasing instances of health disorders such as digestive issues, obesity and low one strength being observed in pets is likely to raise the demand for protein-rich diets for pets. Ability of these protein hydrolysates to improve the gut health of humans and pets owing to its antimicrobial properties is likely to stimulate product demand.
Increasing generation of animal waste by-products in slaughterhouses should boost their usage for enzymatic protein hydrolysate manufacturing
Global antimicrobial protein hydrolysates market for food & pet food applications from animal source is anticipated to be over USD 114.5 million in 2021 and is projected to grow at a CAGR over 8.5% during the forecast period. This is mainly attributed to the ease of availability of different animal protein sources such as milk & eggs. Increasing poultry farming and livestock farming activities globally should ensure ample supply of animal milk and eggs.
Global antimicrobial protein hydrolysates market for food & pet food applications from animal milk source is anticipated to be over USD 71.5 Million in 2021 and is expected to grow at a CAGR of over 9% during the predicted time frame. High generation of different animal by-products such as animal hides, skin, and bones as waste during slaughtering should provide untapped opportunities for use of these by-products for manufacturing antimicrobial protein hydrolysates.
Browse key industry insights spread across 420 pages with 458 market data tables and 52 figures & charts from the report, “Global Antimicrobial (Enzymatic) Protein Hydrolysates For Food & Pet Food Applications Market Size By Source (Plant {Chickpea, Soybeans, Common Beans, Rice}, Animal {Milk, Eggs, By-products}, Micro-organisms {Algae, Fungi}, By Form (Liquid, Powder, Paste), By Application (Food & Beverage {Culinary & Functional Foods, Meat}, Pet Food), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/antimicrobial-protein-hydrolysates-market-for-food-pet-food-applications
High degree of miscibility of liquid antimicrobial protein hydrolysates with water and beverages such as functional & health drinks should stimulate market growth
Liquid form is likely to exceed USD 95 million by 2028. High level of miscibility of liquid protein hydrolysates in water and health drinks is likely to favor its use in health drinks, smoothies, and other functional beverages. Increasing consumption of health drinks and beverages with natural & organic ingredients should foster growth of the global antimicrobial protein hydrolysates market for food & pet food applications.
Liquid protein hydrolysates derived from animal milk and soya possess a well-balanced composition of free & bound amino acids, thus ensuring improved digestibility and intestinal health. There is a significant demand for pet food additives which can provide improved digestion, shelf life, feed palatability and performance. This is projected to boost the demand for liquid antimicrobial protein hydrolysates derived from animal milk & soya.
Low-calorie, low-sugar, and high protein content should drive enzymatic protein hydrolysate demand from food and beverage application
Global antimicrobial protein hydrolysates market from food & beverage application is likely to cross USD 130.5 million by the end of 2028. Fast paced lifestyle, increasing desk-bound work culture and lack of time to cook at home is predicted to boost the demand for processed and ready-to-eat foods. Growing consumer preference for packaged food with added functional benefits such as increased protein and amino acid content should boost product expansion from the food & beverage application.
Rising focus of consumers on consumption of low-calorie, low-sugar, and protein-rich foods and beverages in their daily diets should boost the demand for antimicrobial protein hydrolysates from culinary applications during the predicted time frame. Rising demand for protein hydrolysates derived from animal by-products for production of different products including meat cuts, processed food, sausages, and soups.
Rising consumer demand for meat alternatives and plant-based meat products is likely to foster the growth of global antimicrobial (enzymatic) protein hydrolysates market for food & pet food applications from plant sources during the predicted time frame. Fitness enthusiasts are the core audience of protein-fortified foods & beverages. Consumers are becoming more health conscious in the wake of the COVID-19 pandemic and are looking for ingredients that help boost health, these are anticipated to escalate the protein hydrolysate demand for food & beverage applications.
Increasing rate of pet adoption and growing consumer awareness regarding pet health & nutrition should favor the business growth
Europe antimicrobial protein hydrolysates market is likely to witness considerable growth during the predicted time frame exceeding USD 131.5 million by 2028. Increasing pet adoption in different countries of Europe coupled with growing consumer concerns towards pet health and nutrition. Growing demand for pet food products capable of providing high levels of proteins and amino acids is predicted to provide untapped opportunities for the use of antimicrobial protein hydrolysates in pet food products.
Growing trend of pet products with hypoallergenic ingredients owing to increasing instances of allergies and digestive disorders among pets should raise the demand for antimicrobial protein hydrolysates market in the region during the predicted time frame. Increasing efforts by pet food manufacturers to develop products with improved digestibility, feed palatability and easy absorption in the body of pets.