PUBLISHER: DataM Intelligence | PRODUCT CODE: 1268920
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1268920
Global Hydrolyzed Vegetable Protein Market - 2023-2030
Market Overview
The Global Hydrolyzed Vegetable Protein Market size reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5% during the forecast period (2023-2030).
Hydrolyzed vegetable protein that comes from soy, corn, or wheat is cooked in hydrochloric acid and the resulting solution is neutralized with sodium hydroxide. Vegetable proteins are converted into their amino acids with the acid.
It is widely used in a wide range of food and beverage applications, including as a flavor enhancer for sauces, stews, soups, seasoned snack foods, gravies, hot dogs, dips, dressings and other foods.
Market Dynamics
The Growing Popularity of an Active Lifestyle as a Result of Increased Health Awareness is Expected to Drive Market Growth
Growing health consciousness among people all over the world is the main factor driving the hydrolyzed vegetable protein market. One of the main factors driving the growth of the hydrolyzed vegetable protein market is the increased use of hydrolyzed vegetable protein as flavor enhancers for a variety of foods, including sauces, stews, soups, seasoned snack foods, gravies, hot dogs, dips and dressings, as well as the rise in demand for plant-based diets, protein-based diets and protein-rich natural ingredients among consumers who are health conscious.
The Growing Adoption of Nutritional Supplements Promotes Market Growth
The increased opportunities for market growth rising demand for processed and ready-to-eat food products and materials, as well as shifting consumer lifestyles. The vast array of applications for hydrolyzed vegetable protein, such as improved flavors for processed foods, supplements and others, have been made possible by the untapped potential of numerous developing nations. These applications have generated lucrative growth opportunities for the hydrolyzed vegetable protein market.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The global hydrolyzed vegetable protein market is segmented based on source, form, application, and region.
Increasing Demand for Peas Due to its Qualitative Processing
The pea segment held the highest global hydrolyzed vegetable protein market share in 2022. Pea protein hydrolysate is a popular protein supplement among athletes, bodybuilders, and health-conscious individuals due to its high protein content and potential health benefits, including improved muscle growth, decreased muscle soreness and lowered blood pressure.
It is a desirable choice because of its benefits for people looking to increase their overall health and athletic performance. It is frequently used in sports medicine because, compared to intact proteins, it allows for better amino acid absorption, resulting in the best possible nutrient delivery to muscles.
Geographical Analysis
Increased Demand for Convenience Food Products in North America
North America's dominant region in the global hydrolyzed vegetable protein due to the large and well-established food and beverage industry, which generates a significant amount of demand for HVP as a flavor enhancer and functional ingredient, the region dominated the market with a revenue in 2022.
The region's rising demand for processed and convenience foods has also contributed to the market's expansion. Additionally, the region has a strong healthcare sector that uses HVP in medical nutrition products.
Competitive Landscape
The major global players include: Ajinomoto Co., Inc., Kerry Group Plc., Aipu Food Industry, Titan Biotech, Cargill Inc., Roquette Freres, DSM, Tate & Lyle, ADM, Griffith Foods, and MGP.
Why Purchase the Report?
- To visualize the global hydrolyzed vegetable protein market segmentation based on source, form, application, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of hydrolyzed vegetable protein market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The Global Hydrolyzed Vegetable Protein Market Report Would Provide Approximately 61 Tables, 60 Figures and 121 pages.
Target Audience 2023
- Manufacturers/Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
Table of Contents
1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
- 3.1. Snippet by Source
- 3.2. Snippet by Form
- 3.3. Snippet by Application
- 3.4. Snippet by Region
4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Increased demand for foods with plant-based proteins drives market growth
- 4.1.2. Restraints
- 4.1.2.1. The presence of monosodium glutamate is an impediment to market expansion
- 4.1.3. Opportunity
- 4.1.3.1. Infant formula is anticipated to have a positive effect on market growth
- 4.1.4. Impact Analysis
- 4.1.1. Drivers
5. Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
7. By Source
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 7.1.2. Market Attractiveness Index, By Source
- 7.2. Pea*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Soy
- 7.4. Wheat
- 7.5. Corn
- 7.6. Rice
- 7.7. Others
8. By Form
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 8.1.2. Market Attractiveness Index, By Form
- 8.2. Dry Powder*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Liquid
- 8.4. Paste
9. By Application
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.1.2. Market Attractiveness Index, By Application
- 9.2. Food and Beverage*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Personal Care Products
- 9.4. Others
10. By Region
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.2.6.1. U.S.
- 10.2.6.2. Canada
- 10.2.6.3. Mexico
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.3.6.1. Germany
- 10.3.6.2. UK
- 10.3.6.3. France
- 10.3.6.4. Italy
- 10.3.6.5. Spain
- 10.3.6.6. Rest of Europe
- 10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.4.6.1. Brazil
- 10.4.6.2. Argentina
- 10.4.6.3. Rest of South America
- 10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.5.6.1. China
- 10.5.6.2. India
- 10.5.6.3. Japan
- 10.5.6.4. Australia
- 10.5.6.5. Rest of Asia-Pacific
- 10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Market Positioning/Share Analysis
- 11.3. Mergers and Acquisitions Analysis
12. Company Profiles
- 12.1. Ajinomoto Co., Inc.*
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Key Developments
- 12.2. Kerry Group Plc.
- 12.3. Aipu Food Industry
- 12.4. Titan Biotech
- 12.5. Cargill Inc.
- 12.6. Roquette Freres
- 12.7. DSM
- 12.8. Tate & Lyle
- 12.9. ADM
- 12.10. Griffith Foods
LIST NOT EXHAUSTIVE
13. Appendix
- 13.1. About Us and Services
- 13.2. Contact Us
