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Plant Protein Hydrolysate Market Size

  • Report ID: GMI7510
  • Published Date: Nov 2023
  • Report Format: PDF

Plant Protein Hydrolysate Market Size

Plant Protein Hydrolysate Market size was valued at USD 2.13 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. Plant protein hydrolysates are derived from various plant sources such as soy, pea, wheat, and others, undergoing a hydrolysis process that breaks down proteins into smaller, more easily digestible peptides. This results in a protein-rich product with improved bioavailability and functionality. The demand for plant protein hydrolysates is driven by the rising awareness of their nutritional benefits, including high protein content, amino acid profiles, and allergen-free characteristics compared to traditional animal-based proteins.

 

A key driver for market expansion is the increasing adoption of plant protein hydrolysates in the food and beverage industry, where they are utilized in products like protein bars, beverages, and nutritional supplements. Additionally, the pharmaceutical and cosmetic industries are incorporating plant protein hydrolysates for their applications in skincare formulations and medical nutrition. The plant protein hydrolysates market growth is also fueled by the emphasis on sustainable and environmentally friendly practices, aligning with global efforts to reduce the ecological footprint of food production.

 

One significant challenge is the taste and flavor profile of plant protein hydrolysates, which can be perceived as bitter or unpleasant by consumers. Overcoming sensory issues and achieving a taste profile comparable to traditional animal-based proteins is crucial for market success. Another hurdle lies in the cost of production, as the manufacturing processes for plant protein hydrolysates can be more complex and resource-intensive compared to conventional protein sources. This cost factor may limit the affordability of plant protein hydrolysate products for some consumers, hindering their mass appeal.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of plant protein hydrolysate reached USD 2.13 billion in 2022 and is set to cross USD 3.52 billion by 2032, owing to the rising awareness of their nutritional benefits, including high protein content, amino acid profiles, and allergen-free characteristics.

Powder form segment held a dominant market share of around 51.55% in 2022, as it provides convenience in storage, transportation, and handling, making it a preferred choice for a wide range of food applications.

Why is North America plant protein hydrolysate industry growing?

Who are the key players in the global plant protein hydrolysate market?

Plant Protein Hydrolysate Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 210
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