Marine Protein Hydrolysate Market Opportunity Assessment; 2023 – 2032

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Marine Protein Hydrolysate Market Size to Cross
USD 401 Mn by 2032
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Overview of Marine Protein Hydrolysate Market

• Marine Protein Hydrolysate Industry size is
  predicted to observe over 4.3 CAGR from 2023 to
  2032, favored by the increasing consumer
  awareness regarding the health benefits of
  marine-based protein.
• Marine protein hydrolysates, derived from fish
  and other marine sources, are rich in essential
  amino acids, peptides, and bioactive compounds,
  making them highly sought after in the
  nutritional supplement and functional food
  industries. In January 2023, Vgarden, Ltd., a
  foodTech manufacturer and developer of
  plant-derived alternatives, launched vegan canned
  tuna. The 100 plant-derived product looks alike
  in appearance, texture, and flavor as the canned
  kitchen staple.
• Additionally, marine protein hydrolysates align
  with the clean-label trend as they are minimally
  processed and offer a natural protein solution.
  This resonates well with consumers looking for
  transparent and environmentally friendly options.
  The versatility of the product to be used in
  various applications, including sports nutrition,
  animal feed, and cosmetics will further stimulate
  the market growth.

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• As per source, algae segment is anticipated to
  witness substantial growth through 2032, as they
  offer sustainable and eco-friendly alternative,
  addressing concerns about overfishing. Algae is
  rich in essential nutrients, including proteins,
  omega-3 fatty acids, and antioxidants. Its usage
  as a protein source, coupled with its potential
  applications in functional foods and dietary
  supplements will favor the product adoption.
• Pharmaceutical segment will record notable growth
  during 2023 and 2032, owing to therapeutic
  potential, including anti-inflammatory,
  antioxidant, and antimicrobial properties of
  marine protein hydrolysates. As the
  pharmaceutical field explores innovative
  solutions for drug development and nutraceutical
  formulations, there is wider incorporation of
  unique bioactive compounds derived from marine
  sources.

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• Asia Pacific marine protein hydrolysate industry
  will showcase impressive growth trends over
  2023-2032 attributed to the focus on leveraging
  marine resources for sustainable development.
  Many countries in APAC are investing in research
  and technology to harness marine proteins, not
  only for nutritional applications but also for
  innovative solutions. Moreover, collaborations
  and governmental initiatives will further
  stimulate the regional market growth.
• Notable participants in the marine protein
  hydrolysate market include  Corbion, Aliga
  Microalgae, Triton, Cargill, Gino Biotech, CP
  Kelco U.S. Inc., AEP Colloids, KIMIA, Marine
  Hydrocolloids, AgarGel, Hispanagar SA, Taiwan
  Chlorella Manufacturing Company

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