Global Hydrolyzed Animal Proteins Market Size, Share, Growth Analysis, By Type(Fish Proteins, Dairy Proteins), By Form(Liquid, Powder), By Application(Animal Nutrition, Dairy Products) - Industry Forecast 2022-2028

Global Hydrolyzed Animal Proteins Market size was valued at USD 1.41 billion in 2021 and is poised to grow from USD 1.5 billion in 2022 to USD 2.3 billion by 2030, growing at a CAGR of 5.48% in the forecast period (2023-2030).

The global hydrolyzed animal proteins market is expected to grow significantly in the coming years due to increasing demand for protein-based products in various end-use industries such as food, pharmaceuticals, and cosmetics. Hydrolyzed animal proteins are derived from animal sources and are broken down into smaller peptides, making them easily digestible and absorbable by the body. The rising health consciousness among consumers and the increasing demand for functional foods and supplements are some of the major factors driving the market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of Hydrolyzed Animal Proteins market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The global hydrolyzed animal proteins market is segmented based on Type, Form, Application and Region. Based on Type it is segmented into Fish Proteins, Dairy Proteins, Meat, Poultry & Beef Products. Based on Application it is segmented into: Animal Nutrition, Dairy Products, Bakery Products, Functional Foods And Beverages, Infant Formula, Dietary Supplements, And Other Processed Foods. Based on Form it is bifurcated into Liquid, Powder. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Driver

The global market for hydrolyzed animal protein is expected to experience growth due to the rising demand for high protein diets among consumers. This demand is attributed to changing lifestyles and preferences. The trend towards high protein diets is expected to lead to an increase in product demand for weight management and overall health maintenance, thereby contributing to the market's expansion.

Restrain

Although production techniques for hydrolyzed protein have improved, the high costs associated with research and development may hinder market growth. Additionally, the expensive production costs have resulted in decreased demand in several countries. These factors are expected to restrain the future expansion of the hydrolyzed protein market.

Trend

Working professionals are incorporating high-intensity exercises into their daily routines to maintain a healthy lifestyle. This helps them to boost their metabolism, build muscle, and reduce fat, minimizing the risk of illness. As people become increasingly aware of the benefits of dietary supplements and regular exercise, through the rapid growth of digital and social media, and rising literacy rates, the market for beef protein isolate is expanding. This expansion is a direct result of individuals recognizing the value of such supplements in combination with exercise.