Report ID: SQMIG30H2038
Report ID:
SQMIG30H2038 |
Region:
Global |
Published Date: February, 2024
Pages:
224
|
Tables:
95 |
Figures:
76
Global Hydrolyzed Animal Proteins Market size was valued at USD 1.41 billion in 2019 and is poised to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2031, growing at a CAGR of 5.48% in the forecast period (2024-2031).
The rise in demand is majorly due to its extensive use in feed, building materials, cosmetics, food, and other products. The ingredients used in the product contain 18 types of amino acids and protein concentration of 92%. They are assured to be reliable, edible, secure, and have high nutrition value.
As consumer preferences are evolving there has been a shift in their diet and lifestyle. Demand for protein enriched foods is rising due to its benefits. Animal protein is gaining popularity in the food and beverage industry due to this factor. It is incorporated in a number of processed food items such as chilli, potato chips, pretzels, sauces, soups, and gravies as a flavour enhancer.
Demand for protein rich food for infants will also drive the market growth. Pet food industry is another market that is utilizing hydrolyzed animal proteins. Sports and Fitness enthusiasts also widely consume them to maintain their supplement intake.Protein hydrolysate solutions are broadly used in manufacturing packaged food solutions for dogs, cats, rabbits, and fishes. These products have protein concentration along with small and long chained amino acids that help in proper growth and comfort.
US Hydrolyzed Animal Proteins Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONHydrolyzed Animal Proteins Market size was valued at USD 1.41 billion in 2019 and is poised to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2031, growing at a CAGR of 5.48% in the forecast period (2024-2031).
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Report ID: SQMIG30H2038