Market Overview:
The global hydrolysed vegetable protein market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of hydrolysed vegetable proteins. The soy segment is expected to account for the largest share of the global hydrolysed vegetable protein market in 2018, followed by corn and wheat segments. The food & beverages industry is expected to account for the largest share of the global hydrolysed vegetable protein market in 2018, followed by cosmetic & personal care industry and pharmaceutical industry segments. In terms of region, North America is expected to dominate the global hydrolysed vegetable protein market in 2018, followed by Europe and Asia Pacific regions.
Product Definition:
Hydrolysed Vegetable Protein is a plant-based protein that has been hydrolysed, or broken down, into smaller pieces. This makes it easier for the body to digest and absorb. Hydrolysed vegetable protein is often used in supplements and as a filler in foods such as energy bars and sports drinks. It is considered an important source of protein for people who follow vegetarian or vegan diets, because it provides all the essential amino acids needed to build muscle tissue.
Soy:
Soy is a plant-based food product extracted from soybean. It has numerous nutritional properties and is used in various foods & beverages for its nutritive value. Soy has been gaining importance as a vegetarian source of protein on account of its high content of the essential amino acid, tryptophan, which makes it an ideal dietetic food for people suffering from dietary disorders like hypothyroidism and gluten intolerance.
Corn:
Corn is one of the major grains cultivated across the globe. It is a staple food in many countries including U.S., Brazil, India, China and South Africa on account of its high nutritional value and easy availability at affordable prices. Corn has been gaining importance as a feedstock for manufacturing animal fodder as it contains high-quality protein with low fat content which makes it suitable for dairy animals as well as beef cattle.
Application Insights:
Food & beverage industry was the largest application segment in 2015 and is expected to witness significant growth over the forecast period. The increasing demand for plant-based proteins due to growing awareness about health and wellness, coupled with rising consumer preference for healthy food products, is projected to drive the market growth.
Hydrolysed vegetable protein finds application in various food products such as meat analogues (vegan foods), soy-based meat alternatives, dairy alternatives (non-dairy vegan foods), breakfast cereals, snacks bars & chips/crackers and other convenience foods.
Cosmetic & personal care industry accounted for USD 536.5 million in 2015 owing to high product demand from companies offering hair repair treatments along with skin nourishment ingredients that help reduce signs of aging on the face.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as food & beverages, cosmetics, pharmaceuticals is anticipated to drive growth. China accounted for approximately 50% of the regional market share owing to high product consumption coupled with rising domestic production capacity expansion by key manufacturers including Jiaxing Huayuan Bio-tech Co., Ltd.; Hebeicua Bio-tech Co., Ltd.; and Shandong Luyuan Biochemical Engineering & Technology Co., Ltd.
Europe was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast period on account of growing consumer awareness regarding health benefits associated with hydrolysed vegetable protein supplemented foods along with stringent regulations about VQH content in Europe are expected to boost industry growth over next eight years.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of hydrolysed vegetable protein market.
- Growing awareness about the health benefits of hydrolysed vegetable protein is another major factor fuelling the growth of this market.
- Rising disposable income of consumers is enabling them to purchase premium quality food products, which in turn is propelling the demand for hydrolysed vegetable protein.
- Rapid urbanization and changing lifestyle trends are contributing significantly to the growth of this market.
- Growing popularity of plant-based diets is providing a major impetus to the growth of hydrolysed vegetable protein market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrolysed Vegetable Protein Market Research Report
By Type
Soy, Corn, Wheat, Pea, Rice, Others
By Application
Food & Beverages Industry, Cosmetic & Personal Care Industry, Pharmaceutical Industry
By Companies
Givaudan, Kerry, Cargill, Ingredient, Exter, Sensient, Dohler, Tate & Lyle, Symrise, Archer Daniels Midland, Givaudan, Innova
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Hydrolysed Vegetable Protein Market Report Segments:
The global Hydrolysed Vegetable Protein market is segmented on the basis of:
Types
Soy, Corn, Wheat, Pea, Rice, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages Industry, Cosmetic & Personal Care Industry, Pharmaceutical Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Givaudan
- Kerry
- Cargill
- Ingredient
- Exter
- Sensient
- Dohler
- Tate & Lyle
- Symrise
- Archer Daniels Midland
- Givaudan
- Innova
Highlights of The Hydrolysed Vegetable Protein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soy
- Corn
- Wheat
- Pea
- Rice
- Others
- By Application:
- Food & Beverages Industry
- Cosmetic & Personal Care Industry
- Pharmaceutical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydrolysed Vegetable Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydrolysed vegetable protein is a type of plant-based protein that has been broken down into its individual amino acids. This type of protein can be found in foods like tofu, tempeh, and seitan.
Some of the major players in the hydrolysed vegetable protein market are Givaudan, Kerry, Cargill, Ingredient, Exter, Sensient, Dohler, Tate & Lyle, Symrise, Archer Daniels Midland, Givaudan, Innova.
The hydrolysed vegetable protein market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrolysed Vegetable Protein Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrolysed Vegetable Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrolysed Vegetable Protein Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrolysed Vegetable Protein Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrolysed Vegetable Protein Market Size & Forecast, 2020-2028
4.5.1 Hydrolysed Vegetable Protein Market Size and Y-o-Y Growth
4.5.2 Hydrolysed Vegetable Protein Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Soy
5.2.2 Corn
5.2.3 Wheat
5.2.4 Pea
5.2.5 Rice
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages Industry
6.2.2 Cosmetic & Personal Care Industry
6.2.3 Pharmaceutical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrolysed Vegetable Protein Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrolysed Vegetable Protein Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Soy
9.6.2 Corn
9.6.3 Wheat
9.6.4 Pea
9.6.5 Rice
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages Industry
9.10.2 Cosmetic & Personal Care Industry
9.10.3 Pharmaceutical Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Soy
10.6.2 Corn
10.6.3 Wheat
10.6.4 Pea
10.6.5 Rice
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages Industry
10.10.2 Cosmetic & Personal Care Industry
10.10.3 Pharmaceutical Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Soy
11.6.2 Corn
11.6.3 Wheat
11.6.4 Pea
11.6.5 Rice
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages Industry
11.10.2 Cosmetic & Personal Care Industry
11.10.3 Pharmaceutical Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Soy
12.6.2 Corn
12.6.3 Wheat
12.6.4 Pea
12.6.5 Rice
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages Industry
12.10.2 Cosmetic & Personal Care Industry
12.10.3 Pharmaceutical Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Soy
13.6.2 Corn
13.6.3 Wheat
13.6.4 Pea
13.6.5 Rice
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages Industry
13.10.2 Cosmetic & Personal Care Industry
13.10.3 Pharmaceutical Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrolysed Vegetable Protein Market: Competitive Dashboard
14.2 Global Hydrolysed Vegetable Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Givaudan
14.3.2 Kerry
14.3.3 Cargill
14.3.4 Ingredient
14.3.5 Exter
14.3.6 Sensient
14.3.7 Dohler
14.3.8 Tate & Lyle
14.3.9 Symrise
14.3.10 Archer Daniels Midland
14.3.11 Givaudan
14.3.12 Innova
