Product Code: VMR112113760
The global demand for Hydrolyzed Vegetable Protein Market is presumed to reach the market size of nearly USD 3.56 Billion by 2032 from USD 2.07 Billion in 2023 with a CAGR of 6.2% under the study period 2024 - 2032.
Hydrolyzed vegetable protein (HVP) is a processed form of vegetable protein obtained by breaking down proteins into amino acids. Commonly derived from soy, wheat, or corn, it is used as a flavor enhancer in various processed foods. It imparts a savory or umami taste and is often found in soups, sauces, snacks, and other culinary products.
MARKET DYNAMICS
The Hydrolyzed vegetable protein market is driven by the growing demand for plant-based protein sources, increasing health and wellness awareness, and the rise in vegetarian and vegan lifestyles. This protein serves as a protein-rich alternative to animal-based products. The market experiences growth as consumers seek plant-based protein options due to concerns about environmental sustainability, animal welfare, and health benefits. The versatility of hydrolyzed vegetable protein in various food applications, including snacks, soups, and sauces, contributes to its widespread adoption in the food industry. The expansion of the vegetarian and vegan food market further fuels the demand for hydrolyzed vegetable protein. Additionally, advancements in food processing technologies and flavor enhancement contribute to the market's evolution, providing manufacturers with innovative solutions to meet consumers' changing preferences for sustainable and plant-derived protein sources.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hydrolyzed vegetable protein. The growth and trends of Hydrolyzed Vegetable Protein Industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the hydrolyzed vegetable protein market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
- Soy
- Wheat
- Corn
- Pea
- Others
By Function
- Flavoring Agent
- Emulsifying Agent
- Others
By Application
- Bakery & Confectionary
- Processed Food Products
- Meat Substitutes
- Beverages
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Hydrolyzed Vegetable Protein market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hydrolyzed vegetable protein market include Ajinomoto Co., Inc., Kerry Group Plc., Aipu Food Industry, Titan Biotech, Cargill Inc., Roquette Freres, DSM, Tate & Lyle, ADM, Griffith Foods, MGP. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . HYDROLYZED VEGETABLE PROTEIN - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Source
- 3.7.2 Market Attractiveness Analysis By Function
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET ANALYSIS BY SOURCE
- 5.1 Overview by Source
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Source
- 5.4 Soy Historic and Forecast Sales by Regions
- 5.5 Wheat Historic and Forecast Sales by Regions
- 5.6 Corn Historic and Forecast Sales by Regions
- 5.7 Pea Historic and Forecast Sales by Regions
- 5.8 Others Historic and Forecast Sales by Regions
6 . GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET ANALYSIS BY FUNCTION
- 6.1 Overview by Function
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Function
- 6.4 Flavoring Agent Historic and Forecast Sales by Regions
- 6.5 Emulsifying Agent Historic and Forecast Sales by Regions
- 6.6 Others Historic and Forecast Sales by Regions
7 . GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET ANALYSIS BY APPLICATION
- 7.1 Overview by Application
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Application
- 7.4 Bakery & Confectionary Historic and Forecast Sales by Regions
- 7.5 Processed Food Products Historic and Forecast Sales by Regions
- 7.6 Meat Substitutes Historic and Forecast Sales by Regions
- 7.7 Beverages Historic and Forecast Sales by Regions
- 7.8 Others Historic and Forecast Sales by Regions
8 . GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET ANALYSIS BY GEOGRAPHY
- 8.1. Regional Outlook
- 8.2. Introduction
- 8.3. North America Sales Analysis
- 8.3.1. Overview, Historic and Forecast Data Sales Analysis
- 8.3.2. North America By Segment Sales Analysis
- 8.3.3. North America By Country Sales Analysis
- 8.3.4. United State Sales Analysis
- 8.3.5. Canada Sales Analysis
- 8.3.6. Mexico Sales Analysis
- 8.4. Europe Sales Analysis
- 8.4.1. Overview, Historic and Forecast Data Sales Analysis
- 8.4.2. Europe by Segment Sales Analysis
- 8.4.3. Europe by Country Sales Analysis
- 8.4.4. United Kingdom Sales Analysis
- 8.4.5. France Sales Analysis
- 8.4.6. Germany Sales Analysis
- 8.4.7. Italy Sales Analysis
- 8.4.8. Russia Sales Analysis
- 8.4.9. Rest Of Europe Sales Analysis
- 8.5. Asia Pacific Sales Analysis
- 8.5.1. Overview, Historic and Forecast Data Sales Analysis
- 8.5.2. Asia Pacific by Segment Sales Analysis
- 8.5.3. Asia Pacific by Country Sales Analysis
- 8.5.4. China Sales Analysis
- 8.5.5. India Sales Analysis
- 8.5.6. Japan Sales Analysis
- 8.5.7. South Korea Sales Analysis
- 8.5.8. Australia Sales Analysis
- 8.5.9. South East Asia Sales Analysis
- 8.5.10. Rest Of Asia Pacific Sales Analysis
- 8.6. Latin America Sales Analysis
- 8.6.1. Overview, Historic and Forecast Data Sales Analysis
- 8.6.2. Latin America by Segment Sales Analysis
- 8.6.3. Latin America by Country Sales Analysis
- 8.6.4. Brazil Sales Analysis
- 8.6.5. Argentina Sales Analysis
- 8.6.6. Peru Sales Analysis
- 8.6.7. Chile Sales Analysis
- 8.6.8. Rest of Latin America Sales Analysis
- 8.7. Middle East & Africa Sales Analysis
- 8.7.1. Overview, Historic and Forecast Data Sales Analysis
- 8.7.2. Middle East & Africa by Segment Sales Analysis
- 8.7.3. Middle East & Africa by Country Sales Analysis
- 8.7.4. Saudi Arabia Sales Analysis
- 8.7.5. UAE Sales Analysis
- 8.7.6. Israel Sales Analysis
- 8.7.7. South Africa Sales Analysis
- 8.7.8. Rest Of Middle East And Africa Sales Analysis
9 . COMPETITIVE LANDSCAPE OF THE HYDROLYZED VEGETABLE PROTEIN COMPANIES
- 9.1. Hydrolyzed Vegetable Protein Market Competition
- 9.2. Partnership/Collaboration/Agreement
- 9.3. Merger And Acquisitions
- 9.4. New Product Launch
- 9.5. Other Developments
10 . COMPANY PROFILES OF HYDROLYZED VEGETABLE PROTEIN INDUSTRY
- 10.1. Company Share Analysis
- 10.2. Market Concentration Rate
- 10.3. Ajinomoto Co. Inc.
- 10.3.1. Company Overview
- 10.3.2. Company Revenue
- 10.3.3. Products
- 10.3.4. Recent Developments
- 10.4. Kerry Group Plc.
- 10.4.1. Company Overview
- 10.4.2. Company Revenue
- 10.4.3. Products
- 10.4.4. Recent Developments
- 10.5. Aipu Food Industry
- 10.5.1. Company Overview
- 10.5.2. Company Revenue
- 10.5.3. Products
- 10.5.4. Recent Developments
- 10.6. Titan Biotech
- 10.6.1. Company Overview
- 10.6.2. Company Revenue
- 10.6.3. Products
- 10.6.4. Recent Developments
- 10.7. Cargill Inc.
- 10.7.1. Company Overview
- 10.7.2. Company Revenue
- 10.7.3. Products
- 10.7.4. Recent Developments
- 10.8. Roquette Freres
- 10.8.1. Company Overview
- 10.8.2. Company Revenue
- 10.8.3. Products
- 10.8.4. Recent Developments
- 10.9. DSM
- 10.9.1. Company Overview
- 10.9.2. Company Revenue
- 10.9.3. Products
- 10.9.4. Recent Developments
- 10.10. Tate & Lyle
- 10.10.1. Company Overview
- 10.10.2. Company Revenue
- 10.10.3. Products
- 10.10.4. Recent Developments
- 10.11. ADM
- 10.11.1. Company Overview
- 10.11.2. Company Revenue
- 10.11.3. Products
- 10.11.4. Recent Developments
- 10.12. Griffith Foods
- 10.12.1. Company Overview
- 10.12.2. Company Revenue
- 10.12.3. Products
- 10.12.4. Recent Developments
- 10.13. MGP
- 10.13.1. Company Overview
- 10.13.2. Company Revenue
- 10.13.3. Products
- 10.13.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies