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Hydrolysed Vegetable Protein Market

Global Hydrolysed Vegetable Protein Market Size, Forecast: By Source: Soy, Rapeseed, Corn, Rice, Pea, Wheat, Others; By Form: Dry Powder, Liquid, Paste; By Application: Food and Beverages, Personal Care Products, Animal Feed, Infant Nutrition, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Hydrolysed Vegetable Protein Market Outlook

The global hydrolysed vegetable protein market is expected to grow at a CAGR of 4.3% in the forecast period of 2024-2032.

 

Global Hydrolysed Vegetable Protein Market

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Increasing Demand in the Food and Beverages Industry to Augment the Hydrolysed Vegetable Protein Industry Growth

Based on type, the food and beverages sector accounts for a significant share in the hydrolysed vegetable protein industry. This can be attributed to the presence of essential amino acids and various other nutrients in hydrolysed vegetable protein, which makes it indispensable in a healthy diet. Meanwhile, the growing applications of hydrolysed vegetable protein in various applications, including animal feed and infant nutrition, and the rising investments in R&D activities are expected to further aid the industry growth.

 

The Asia Pacific to Provide Enhanced Growth Opportunities to the Hydrolysed Vegetable Protein Industry

Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the increasing demand for tastier food items along with higher nutritional value. Furthermore, the advancements in the food processing sector, rapid urbanisation, and increase in purchasing power of the general population are expected to significantly contribute to the industry growth across the region in the coming years.

 

Hydrolysed Vegetable Protein: Market Segmentation

Hydrolysed vegetable proteins refer to flavour enhancers used in processed foods like soups, gravies, stews, and some meat products like hot dogs. It is also present in some dips and snacks like potato chips and pretzels. It is produced by boiling foods such as soy, corn, or wheat in hydrochloric acid and then neutralising the solution with sodium hydroxide. The acid breaks down the protein in vegetables into their component amino acids.

 

Global Hydrolysed Vegetable Protein Market By Form

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By source, the market is divided into:

  • Soy
  • Rapeseed
  • Corn
  • Rice
  • Pea
  • Wheat
  • Others

Based on form, the industry can be segmented into:

  • Dry Powder
  • Liquid
  • Paste

The market is divided based on application into:

  • Food and Beverages
  • Personal Care Products
  • Animal Feed
  • Infant Nutrition
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Hydrolysed Vegetable Protein Market ByRegion

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Rising Health Awareness and the Increasing Demand for Clean Label Food Products to Bolster the Growth of the Hydrolysed Vegetable Protein Industry

In recent years, the general population has become aware of the nutritional benefits of adding protein in their diet and thus are moving towards clean-label food. It increases the nutritional value as it has 8 essential amino acids, which help in growth and recovery.  Additionally, the increasing disposable income has given people the power to buy packaged food items which contain HVP to improve the taste as well as to shun the bad smell of other ingredients. This is further driving the growth of the hydrolysed vegetable protein industry.

Over the forecast period, increasing demand for high protein food products as well as the new product launches are expected to favour the industry growth.

 

Key Industry Players in the Global Hydrolysed Vegetable Protein Market

The report gives a detailed analysis of the following key players in the global hydrolysed vegetable protein market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ajinomoto Co.Inc.
  • Kerry Inc. 
  • Titan Biotech Limited 
  • Cargill, Incorporated 
  • Archer Daniels Midland Company 
  • Roquette Frères 
  • Dien Inc. 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Form
  • Application
  • Region
Breakup by Source
  • Soy
  • Rapeseed
  • Corn
  • Rice
  • Pea
  • Wheat
  • Others
Breakup by Form
  • Dry Powder
  • Liquid
  • Paste
Breakup by Application
  • Food and Beverages
  • Personal Care Products
  • Animal Feed
  • Infant Nutrition
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ajinomoto Co,. Inc.
  • Kerry Inc.
  • Titan Biotech Limited
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Roquette Frères
  • Dien Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Hydrolysed Vegetable Protein Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hydrolysed Vegetable Protein Historical Market (2018-2023) 
    8.3    Global Hydrolysed Vegetable Protein Market Forecast (2024-2032)
    8.4    Global Hydrolysed Vegetable Protein Market by Source
        8.4.1    Soy
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Rapeseed
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Corn
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Rice
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2023)
            8.4.4.3    Forecast Trend (2024-2032)
        8.4.5    Pea
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2023)
            8.4.5.3    Forecast Trend (2024-2032)
        8.4.6    Wheat
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2023)
            8.4.6.3    Forecast Trend (2024-2032)
        8.4.7    Others
    8.5    Global Hydrolysed Vegetable Protein Market by Form
        8.5.1    Dry Powder
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Liquid
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Paste
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
    8.6    Global Hydrolysed Vegetable Protein Market by Application
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Personal Care Products
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Animal Feed
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Infant Nutrition
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Hydrolysed Vegetable Protein Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Ajinomoto Co,. Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Kerry Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Titan Biotech Limited
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Cargill, Incorporated
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Archer Daniels Midland Company
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Roquette Frères
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Dien Inc.
            13.2.7.1    Company Overview
            13.2.7.2    Product Portfolio
            13.2.7.3    Demographic Reach and Achievements
            13.2.7.4    Certifications
        13.2.8    Others
14    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Hydrolysed Vegetable Protein Market: Key Industry Highlights, 2018 and 2032
2.    Global Hydrolysed Vegetable Protein Historical Market: Breakup by Source (USD Billion), 2018-2023
3.    Global Hydrolysed Vegetable Protein Market Forecast: Breakup by Source (USD Billion), 2024-2032
4.    Global Hydrolysed Vegetable Protein Historical Market: Breakup by Form (USD Billion), 2018-2023
5.    Global Hydrolysed Vegetable Protein Market Forecast: Breakup by Form (USD Billion), 2024-2032
6.    Global Hydrolysed Vegetable Protein Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Hydrolysed Vegetable Protein Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Hydrolysed Vegetable Protein Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Hydrolysed Vegetable Protein Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Hydrolysed Vegetable Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Hydrolysed Vegetable Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Hydrolysed Vegetable Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Hydrolysed Vegetable Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Hydrolysed Vegetable Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Hydrolysed Vegetable Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Hydrolysed Vegetable Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Hydrolysed Vegetable Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Hydrolysed Vegetable Protein Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Hydrolysed Vegetable Protein Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Hydrolysed Vegetable Protein Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.

The major drivers of the market include the growing awareness of nutritional benefits, increasing disposable incomes and new product launches by key players.

The rising health awareness and the increasing demand for clean label food products are expected to be the key trends guiding the growth of the market.

The sources for hydrolysed vegetable protein available are soy, rapeseed, corn, rice, pea, and wheat, amongst others.

Hydrolysed vegetable protein finds applications as food and beverages, personal care products, animal feed, and infant nutrition, amongst others.

The different forms of hydrolysed vegetable include dry powder, liquid, and paste.

The key players in the global hydrolysed vegetable protein market are Ajinomoto Co,. Inc., Kerry Inc., Titan Biotech Limited, Cargill, Incorporated, Archer Daniels Midland Company, Roquette Frères, and Dien Inc., amongst others.

Analyst Review

The global hydrolysed vegetable protein market was driven by the growing awareness of nutritional benefits, increasing disposable incomes and new product launches by different companies. Aided by the rising health awareness and the increasing demand for clean label food products, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.3%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the source, the hydrolysed vegetable protein market can be segmented into soy, rapeseed, corn, rice, pea, and wheat, amongst others. By application, the industry can be divided into food and beverages, personal care products, animal feed, and infant nutrition, amongst others. Hydrolysed vegetable protein can have different end-uses like dry powder, liquid and paste. The key players in the above industry include Ajinomoto Co. Inc., Kerry Inc., Titan Biotech Limited, Cargill, Incorporated, Archer Daniels Midland Company, Roquette Frères, and Dien Inc., amongst others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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