Global Hydrolysed Vegetable Protein Market was valued at USD 0.30 Billion in 2022 and is projected to reach USD 0.60 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The Hydrolysed Vegetable Protein (HVP) market is witnessing substantial growth due to the increasing demand for plant-based protein alternatives in various industries such as food, beverages, cosmetics, and animal feed. Hydrolysed vegetable protein, produced by breaking down plant proteins into smaller peptides, offers enhanced flavor and nutritional value, making it a popular choice in products catering to health-conscious consumers and those with dietary restrictions. In the food and beverage industry, HVP is used in seasoning, sauces, soups, and processed meats to improve taste and texture, and it's especially popular in vegetarian and vegan products. The rise in veganism and plant-based diets has significantly boosted the market for HVP as more consumers opt for alternatives to animal-based proteins. Asia-Pacific is expected to be the fastest-growing region in the Hydrolysed Vegetable Protein market, driven by the increasing demand for food and beverages, especially in countries like China, India, and Global. Furthermore, the growing awareness regarding the benefits of plant-based proteins has created new opportunities in other regions, including North America and Europe, where there’s a rising trend toward plant-based food consumption. Key players in the market, such as DuPont, Kerry Group, and Archer Daniels Midland Company, are investing in research and development to create innovative, sustainable, and cost-effective HVP solutions. These advancements are expected to further drive the market’s growth as companies look to meet the increasing demand for plant-based products that cater to changing consumer preferences. Overall, the Hydrolysed Vegetable Protein market is poised for continued expansion, as it taps into the global trend of healthy, sustainable living. With consumer preferences shifting towards more plant-based products, HVP will continue to be a critical ingredient in many product formulations.
Get an In-Depth Research Analysis of the Global Hydrolysed Vegetable Protein Market Size And Forecast [2025-2032]
Givaudan
Kerry
Cargill
Ingredient
Exter
Sensient
Dohler
Tate & Lyle
Symrise
Archer Daniels Midland
Koninklijke
Innova
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Hydrolysed Vegetable Protein Market
Food & Beverages Industry
Cosmetic & Personal Care Industry
Pharmaceutical Industry
Based on Types the Market is categorized into Below types that held the largest Hydrolysed Vegetable Protein market share In 2023.
Soy
Corn
Wheat
Pea
Rice
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Hydrolysed Vegetable Protein Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Hydrolysed Vegetable Protein Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Hydrolysed Vegetable Protein Market, By Type
6. Global Hydrolysed Vegetable Protein Market, By Application
7. Global Hydrolysed Vegetable Protein Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Hydrolysed Vegetable Protein Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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