Hydrolysed Protein Products Market Size Estimated to Observe Significant Growth by 2027
Market Outlook
Hydrolysis of protein is done by either enzymatic or chemical methods. The enzymes which are used for protein hydrolysis are extracted from plants, animals or microbial sources. The hydrolysed protein products contain peptides and amino acids in highly purified forms. Hydrolysed protein products help in muscle growth and muscle development and fix impaired tissues. Hydrolysed protein products increase the amino acid absorption by muscle cells and increase nutrient delivery in the body. Awareness about health and fitness has boosted the market demand of hydrolyzed protein products. There are different types of hydrolysed protein products are available in the market which includes milk, plant, egg, meat, and marine hydrolysed protein products. Ease in availability has boosted the market demand of hydrolysed protein products. The milk hydrolysed protein products are used as an alternative source for mother’s milk because few infants are unable to digest the mother’s milk/colostrum because of its high nutrient content. Also, several health benefiting properties of hydrolysed protein products is increasing its application in several end-use industries such as food, beverages, cosmetics, clinical nutrition, infant nutrition, sports nutrition, personal care, pharmaceuticals, and nutraceuticals. The global market of hydrolysed protein products is anticipated to grow due to its multiple purpose application, during the forecast period.
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Increasing Awareness about Health and Fitness has boosted the Hydrolysed Protein Products market.
Due to the increase in the number of hydrolysed protein products consumers, the demand for the hydrolysed protein market is increasing globally. Obesity is a major problem in the entire world. The United States has the highest number of obese population, which includes young, adult and old populations. Due to weight management issues, the demand for the hydrolysed protein products is anticipated to increase in North America. Asia followed by Europe has the largest population in the world so the market demand for hydrolysed protein products is higher in these regions.
Global Cetyl Myristoleate Market: Key Players
The global cetyl myristoleate market is evolving due to the growing diseases related to arthritis and joints pain. Many pharmaceuticals and supplements manufacturers are focusing on cetyl myristoleate, due to its increasing application in healthcare. Some of the global key manufacturers and suppliers of cetyl myristoleate are Karuna Health, Douglas Laboratories, Dee Cee Laboratories, Inc., NOW Foods, Wonderlabs, Jarrow Formulas, Inc., Advance Physician Formulas., Virilife, LLC, PBS Animal Health, and Rich Distributing.
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Most of the companies mentioned above are headquartered in the US and Canada. Major players in the cetyl myristoleate market are operating from North America. But the demand for cetyl myristoleate is increasing all over the world. Hence, manufacturers also have the opportunity to grow their business in other regions such as Asia Pacific, Europe, and Latin America.
Opportunities for Market Participants:
The globally growing consumer awareness regarding health and wellness is the key factor driving the cetyl myristoleate market. The problem of joint pain and arthritis is increasing all over the world, mainly among the people over 35 years of age. Hence, the demand for cetyl myristoleate is expected to be high during the forecast period. Cetyl myristoleate help in relieving and preventing pains related to arthritis and joints. The market player should focus on the region such as the US and Japan, where a large number of people have arthritis. Hence, the demand for cetyl myristoleate is anticipated to be high in these regions. Also, as cetyl myristoleate is used in supplements as well as in medicines, the demand for the same is expected more in the near future due to increasing pharmaceutical industries. Therefore, by considering the above factors, cetyl myristoleate market is anticipated to grow positive during the forecast period.
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