A hydrolysate containing 75% di- and tripeptides (DTP) was prepared from bovine plasma proteins (BP) and the original protein and hydrolysate were compared for nutritional value. Food intake, protein efficiency ratio (PER), nitrogen balance and digestibility and plasma amino acid concentrations were measured in young rats receiving the diets over 17 days. Moreover, intestinal adaptation was evaluated in duodenum, jejunum and ileum, with the aid of light microscopy and enzyme analyses; tritiated thymidine incorporation was also measured. In DTP- and BP-fed rats, food intake, body weight gain, nitrogen balance and digestibility as well as PER were similar. Plasma amino acid concentration analyses showed an increased concentration of threonine and valine in the BP-fed group. Measurements of mucosal enzyme activities suggest adaptation to the diets especially in the ileum as indicated by increasing aminopeptidase N and dipeptidyl peptidase IV specific activities in the BP-fed group. This group also displayed substantial 3H-thymidine incorporation. It is concluded that the hydrolysate containing di- and tripeptides is efficiently utilized in healthy growing rats, though the efficacy is not higher than with the BP diet except for the difference in 3H-thymidine incorporation.