The Asia Pacific Protein Hydrolysis Enzymes Market should witness market growth of 7.1% CAGR during the forecast period (2022-2028).
Due to the ease of absorption, they are being used more frequently in sports nutrition products, newborn formulas, and geriatric food formulations, which will propel market revenue growth. Age-related changes in the body's digestive system and loss of appetite cause geriatric patients to consume less nutrients.
Protein sources are partially or completely hydrolyzed to create protein hydrolysates, which are easier to absorb than typical protein sources because they include small-sized amino acids. Additionally, they may lessen a number of juvenile illnesses like asthma, food allergies, allergic rhinitis, eczema, and death from starvation.
A couple of the key factors driving the increase in demand for whey protein are the growing economy and bettering lifestyles. In APAC, the market for protein supplements derived from dairy products is expanding significantly as more people become aware of their nutritional benefits. The region's need for protein components has changed dramatically in terms of nutritional profile and quality due to increased income levels, which has also led to an increase in expenditure on nutrient-rich foods.
The China market dominated the Asia Pacific Protein Hydrolysis Enzymes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $260.3 million by 2028. The Japan market is estimated to grow at a CAGR of 6.5% during (2022-2028). Additionally, The India market would experience a CAGR of 7.8% during (2022-2028).
Based on Source, the market is segmented into Plants, Animals, and Microorganisms. Based on Application, the market is segmented into Detergents, Pharmaceuticals, Food, Textiles & Leather, and Others. Based on Product, the market is segmented into Microbial Product (Alkaline Protease, Acid Protease, and Neutral Protease & Others), Plant Product (Papain, Bromelain & Others, Trypsin, Pepsin, and Renin & Others), and Animal Product (Trypsin, Pepsin, and Renin & Others). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Novozymes A/S, Associated British Foods PLC (Wittington Investments Limited), Koninklijke DSM N.V., DuPont de Nemours, Inc., BASF SE, Advanced Enzyme Technologies Limited, Chr. Hansen Holding A/S, Dyadic International, Inc., Amano Enzyme, Inc., and Biocatalysts Limited (Brain AG).
Due to the ease of absorption, they are being used more frequently in sports nutrition products, newborn formulas, and geriatric food formulations, which will propel market revenue growth. Age-related changes in the body's digestive system and loss of appetite cause geriatric patients to consume less nutrients.
Protein sources are partially or completely hydrolyzed to create protein hydrolysates, which are easier to absorb than typical protein sources because they include small-sized amino acids. Additionally, they may lessen a number of juvenile illnesses like asthma, food allergies, allergic rhinitis, eczema, and death from starvation.
A couple of the key factors driving the increase in demand for whey protein are the growing economy and bettering lifestyles. In APAC, the market for protein supplements derived from dairy products is expanding significantly as more people become aware of their nutritional benefits. The region's need for protein components has changed dramatically in terms of nutritional profile and quality due to increased income levels, which has also led to an increase in expenditure on nutrient-rich foods.
The China market dominated the Asia Pacific Protein Hydrolysis Enzymes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $260.3 million by 2028. The Japan market is estimated to grow at a CAGR of 6.5% during (2022-2028). Additionally, The India market would experience a CAGR of 7.8% during (2022-2028).
Based on Source, the market is segmented into Plants, Animals, and Microorganisms. Based on Application, the market is segmented into Detergents, Pharmaceuticals, Food, Textiles & Leather, and Others. Based on Product, the market is segmented into Microbial Product (Alkaline Protease, Acid Protease, and Neutral Protease & Others), Plant Product (Papain, Bromelain & Others, Trypsin, Pepsin, and Renin & Others), and Animal Product (Trypsin, Pepsin, and Renin & Others). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Novozymes A/S, Associated British Foods PLC (Wittington Investments Limited), Koninklijke DSM N.V., DuPont de Nemours, Inc., BASF SE, Advanced Enzyme Technologies Limited, Chr. Hansen Holding A/S, Dyadic International, Inc., Amano Enzyme, Inc., and Biocatalysts Limited (Brain AG).
Scope of the Study
By Source
- Plants
- Animals
- Microorganisms
By Application
- Detergents
- Pharmaceuticals
- Food
- Textiles & Leather
- Others
By Product
- Microbial Product
- Alkaline Protease
- Acid Protease
- Neutral Protease & Others
- Plant Product
- Papain
- Bromelain & Others
- Trypsin
- Pepsin
- Renin & Others
- Animal Product
- Trypsin
- Pepsin
- Renin & Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Novozymes A/S
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- DuPont de Nemours, Inc.
- BASF SE
- Advanced Enzyme Technologies Limited
- Chr. Hansen Holding A/S
- Dyadic International, Inc.
- Amano Enzyme, Inc.
- Biocatalysts Limited (Brain AG)
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- Exhaustive coverage
- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Asia Pacific Protein Hydrolysis Enzymes Market by Source
Chapter 4. Asia Pacific Protein Hydrolysis Enzymes Market by Application
Chapter 5. Asia Pacific Protein Hydrolysis Enzymes Market by Product
Chapter 6. Asia Pacific Protein Hydrolysis Enzymes Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Novozymes A/S
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- DuPont de Nemours, Inc.
- BASF SE
- Advanced Enzyme Technologies Limited
- Chr. Hansen Holding A/S
- Dyadic International, Inc.
- Amano Enzyme, Inc.
- Biocatalysts Limited (Brain AG)
Methodology
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