Global hydrolyzed vegetable protein market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for vegetarian food products and functional beverages in the global market. The demand for vegetarian food products and functional beverages is increasing due to their health benefits such as low cholesterol levels, reduced risk of heart disease, and weight management among others. The dry powder segment accounted for the largest share in 2018 owing to its high usage in various applications such as sauces, soups, dressings, gravies etc, which are used in various food products such as bakery items (breads), snacks (chips), frozen foods (pizza) etc, thereby driving its demand globally. In addition, it has a longer shelf life than other types of hydrolyzed vegetable protein which makes it more popular among consumers globally.
- The increasing demand for meat substitutes is a major factor driving the growth of the hydrolyzed vegetable protein market.
- The growing awareness about health benefits of vegetarian diet is also expected to fuel the hydrolyzed vegetable protein market growth in the near future.
- The rising number of vegan population across the globe is another factor that will drive the hydrolyzed vegetable protein market growth in coming years.
- The increasing demand for gluten-free food products and bakery items are also expected to boost the hydrolyzed vegetable protein market growth in coming years, as these products are made with this ingredient as an alternative to wheat flour or other gluten-containing ingredients such as rye, barley, and oats which are not suitable for people with celiac disease or gluten sensitivity.
- Increasing consumption of processed foods containing HVPs is another factor that will drive this market.
Industry Growth Insights published a new data on “Hydrolyzed Vegetable Protein Market”. The research report is titled “Hydrolyzed Vegetable Protein Market research by Types (Dry Powder, Paste, Liquid), By Applications (Food Products, Functional Beverages), By Players/Companies Griffith Laboratories, Ajinomoto Co., Inc., Kerry Group plc, Tate & Lyle plc, Givaudan, Jones-Hamilton Co., DSM, Diana Group, Brolite Products Co. Inc., Caremoli Group, Astron Chemicals S.A., McRitz International Corporation, Good Food, Inc., Michimoto Foods Products Co. Ltd., Dien Inc., Unitechem Co. Ltd.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrolyzed Vegetable Protein Market Research Report
By Type
Dry Powder, Paste, Liquid
By Application
Food Products, Functional Beverages
By Companies
Griffith Laboratories, Ajinomoto Co., Inc., Kerry Group plc, Tate & Lyle plc, Givaudan, Jones-Hamilton Co., DSM, Diana Group, Brolite Products Co. Inc., Caremoli Group, Astron Chemicals S.A., McRitz International Corporation, Good Food, Inc., Michimoto Foods Products Co. Ltd., Dien Inc., Unitechem Co. Ltd.
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Hydrolyzed Vegetable Protein Market Report Segments:
The global Hydrolyzed Vegetable Protein market is segmented on the basis of:
Types
Dry Powder, Paste, Liquid
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 Products, Functional Beverages
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:
- Griffith Laboratories
- Ajinomoto Co., Inc.
- Kerry Group plc
- Tate & Lyle plc
- Givaudan
- Jones-Hamilton Co.
- DSM
- Diana Group
- Brolite Products Co. Inc.
- Caremoli Group
- Astron Chemicals S.A.
- McRitz International Corporation
- Good Food, Inc.
- Michimoto Foods Products Co. Ltd.
- Dien Inc.
- Unitechem Co. Ltd.
Highlights of The Hydrolyzed 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:
- Dry Powder
- Paste
- Liquid
- By Application:
- Food Products
- Functional Beverages
- 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 Hydrolyzed 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
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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?
Hydrolyzed vegetable protein is a type of protein that has been broken down into smaller peptides and amino acids. This process helps to increase the bioavailability of the protein, making it more effective in terms of providing nutrients and promoting muscle growth.
Some of the major companies in the hydrolyzed vegetable protein market are Griffith Laboratories, Ajinomoto Co., Inc., Kerry Group plc, Tate & Lyle plc, Givaudan, Jones-Hamilton Co., DSM, Diana Group, Brolite Products Co. Inc., Caremoli Group, Astron Chemicals S.A., McRitz International Corporation, Good Food, Inc., Michimoto Foods Products Co. Ltd., Dien Inc., Unitechem Co. Ltd..
The hydrolyzed vegetable protein market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydrolyzed Vegetable Protein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydrolyzed Vegetable Protein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydrolyzed Vegetable Protein Market - Supply Chain
4.5. Global Hydrolyzed Vegetable Protein Market Forecast
4.5.1. Hydrolyzed Vegetable Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydrolyzed Vegetable Protein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydrolyzed Vegetable Protein Market Absolute $ Opportunity
5. Global Hydrolyzed Vegetable Protein Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
5.3.1. Dry Powder
5.3.2. Paste
5.3.3. Liquid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydrolyzed Vegetable Protein Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
6.3.1. Food Products
6.3.2. Functional Beverages
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydrolyzed Vegetable Protein Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydrolyzed Vegetable Protein Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydrolyzed Vegetable Protein Demand Share Forecast, 2019-2026
9. North America Hydrolyzed Vegetable Protein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
9.4.1. Food Products
9.4.2. Functional Beverages
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
9.7.1. Dry Powder
9.7.2. Paste
9.7.3. Liquid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydrolyzed Vegetable Protein Demand Share Forecast, 2019-2026
10. Latin America Hydrolyzed Vegetable Protein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
10.4.1. Food Products
10.4.2. Functional Beverages
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
10.7.1. Dry Powder
10.7.2. Paste
10.7.3. Liquid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydrolyzed Vegetable Protein Demand Share Forecast, 2019-2026
11. Europe Hydrolyzed Vegetable Protein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
11.4.1. Food Products
11.4.2. Functional Beverages
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
11.7.1. Dry Powder
11.7.2. Paste
11.7.3. Liquid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydrolyzed Vegetable Protein Demand Share, 2019-2026
12. Asia Pacific Hydrolyzed Vegetable Protein Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
12.4.1. Food Products
12.4.2. Functional Beverages
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
12.7.1. Dry Powder
12.7.2. Paste
12.7.3. Liquid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydrolyzed Vegetable Protein Demand Share, 2019-2026
13. Middle East & Africa Hydrolyzed Vegetable Protein Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydrolyzed Vegetable Protein Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Application
13.4.1. Food Products
13.4.2. Functional Beverages
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydrolyzed Vegetable Protein Market Size and Volume Forecast by Type
13.7.1. Dry Powder
13.7.2. Paste
13.7.3. Liquid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydrolyzed Vegetable Protein Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydrolyzed Vegetable Protein Market: Market Share Analysis
14.2. Hydrolyzed Vegetable Protein Distributors and Customers
14.3. Hydrolyzed Vegetable Protein Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Griffith Laboratories
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ajinomoto Co., Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kerry Group plc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tate & Lyle plc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Givaudan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jones-Hamilton Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DSM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Diana Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Brolite Products Co. Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Caremoli Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Astron Chemicals S.A.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. McRitz International Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Good Food, Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Michimoto Foods Products Co. Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dien Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Unitechem Co. Ltd.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook