Product Code: 5593
Global Hydrolyzed Vegetable Proteins (HVP) market will experience significant growth between 2023 and 2032. Rising consumer awareness regarding the health benefits of plant-based proteins is fueling the demand for HVP as a natural and sustainable protein source.
There has been a commendable rise in sales of clean-label and plant-based food as people from across the globe transition toward vegetarian and vegan lifestyles. According to World Animal Foundation, 22% of the population worldwide is vegetarian, while 629,000 people globally signed up for a veganuary in 2022. These trends, in line with the food industry's focus on product innovation and development, especially in the meat substitutes and savory flavor enhancers segments, are creating lucrative opportunities for HVP manufacturers. Furthermore, the expanding food and beverage industry, coupled with the growing trend of incorporating plant proteins in various applications, is also propelling the growth of the HVP market.
The overall hydrolyzed vegetable proteins market share is segregated based on form, product, end-use, and region.
Regarding the product, the market size from the wheat protein segment will register sizeable gains through 2032. Hydrolyzed wheat protein is considered a valuable ingredient in the cosmetic and personal care industry due to its moisturization and hair-strengthening benefits. The increasing preference for plant-based proteins and clean-label products in the food and beverage industry has fueled the demand for hydrolyzed wheat protein as a natural and sustainable ingredient, contributing to segment gains.
Based on form, the hydrolyzed vegetable proteins market value from the chunks segment will grow appreciably over 2023-2032. The demand for hydrolyzed vegetable protein chunks is growing due to the rising adoption of vegetarian and vegan diets resulting in the increased demand for meat substitutes that provide similar taste and texture. Besides, the growing awareness about the environmental impact of meat consumption has led to a shift towards plant-based protein alternatives, which will propel product uptake in the coming years.
In terms of end-use, the industry from the cosmetics & personal care segment will garner sizeable revenue by 2032. The demand for hydrolyzed vegetable protein is growing in the cosmetics and personal care industry due to its numerous benefits. It is widely used in hair care products as it helps improve hair strength, repair damage, and provide moisturization. Additionally, it is known to enhance the texture and feel of skincare products, making it a sought-after ingredient in the industry.
From a regional perspective, Europe hydrolyzed vegetable proteins industry will depict a recognizable CAGR from 2023 to 2032. There is an increasing trend towards plant-based diets and a growing awareness of the health benefits associated with vegetable proteins. This apart, the demand for natural and sustainable ingredients in the food, beverage, and personal care industries has contributed to the rising demand for hydrolyzed vegetable protein in Europe.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimation & forecast parameters
- 1.3.1 Base estimates & working
- 1.3.1.1 North America
- 1.3.1.2 Europe
- 1.3.1.3 Asia Pacific
- 1.3.1.4 Latin America (LATAM)
- 1.3.1.5 Middle East
- 1.3.1.6 Africa
- 1.3.2 Forecast calculations
- 1.3.2.1 COVID-19 impact calculations on industry forecast
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Hydrolyzed Vegetable Proteins Market industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Form trends
- 2.1.4 Product Type trends
- 2.1.5 End-use trends
Chapter 3 Hydrolyzed Vegetable Proteins Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size and forecast, 2018 - 2032
- 3.2.1 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.2 End-use analysis
- 3.3.3 Profit margin analysis
- 3.4 Regulatory Landscape
- 3.4.1.1 U.S.
- 3.4.1.2 Europe
- 3.4.1.3 China
- 3.5 Raw material analysis
- 3.6 Pricing analysis
- 3.6.1 Regional pricing analysis, By Product type
- 3.6.1.1 North America
- 3.6.1.2 Europe
- 3.6.1.3 Asia Pacific
- 3.6.1.4 Latin America
- 3.6.1.5 Middle East & Africa
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Obesity and a growing fast food business are driving the market.
- 3.7.1.2 Diabetes preventive priorities will boost market growth.
- 3.7.2 Industry pitfalls & challenges
- 3.7.2.1 The availability of alternatives may stymie growth.
- 3.8 Growth potential analysis, 2022
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
- 3.11 COVID-19 impact on Hydrolyzed Vegetable Proteins market by Product Type
- 3.12 Russia-Ukraine war impact on Hydrolyzed Vegetable Proteins market by Product Type
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Market share analysis, by region, 2022
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 Asia Pacific
- 4.2.4 Latin America
- 4.2.5 Middle East & Africa
- 4.3 Competitive analysis of key market players, 2022
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
Chapter 5 Hydrolyzed Vegetable Proteins Market By Form
- 5.1 Key Form trends
- 5.2 Chunks
- 5.2.1 Global market estimates and forecasts, 2018 - 2032
- 5.2.2 Global market estimates and forecasts, by region, 2018 - 2032
- 5.3 Slice
- 5.3.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.2 Global market estimates and forecasts, by region, 2018 - 2032
- 5.4 Flakes
- 5.4.1 Global market estimates and forecasts, 2018 - 2032
- 5.4.2 Global market estimates and forecasts, by region, 2018 - 2032
- 5.5 Granules
- 5.5.1 Global market estimates and forecasts, 2018 - 2032
- 5.5.2 Global market estimates and forecasts, by region, 2018 - 2032
Chapter 6 Hydrolyzed Vegetable Proteins Market By Product Type
- 6.1 Key Product Type trends
- 6.2 Soy Protein
- 6.2.1 Global market estimates and forecasts, 2018 - 2032
- 6.2.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.3 Wheat Protein
- 6.3.1 Global market estimates and forecasts, 2018 - 2032
- 6.3.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.4 Rice Protein
- 6.4.1 Global market estimates and forecasts, 2018 - 2032
- 6.4.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.5 Chia Protein
- 6.5.1 Global market estimates and forecasts, 2018 - 2032
- 6.5.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.6 Pea Protein
- 6.6.1 Global market estimates and forecasts, 2018 - 2032
- 6.6.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.7 Corn Protein
- 6.7.1 Global market estimates and forecasts, 2018 - 2032
- 6.7.2 Global market estimates and forecasts, by region, 2018 - 2032
- 6.8 Flax ProteinMen
- 6.8.1 Global market estimates and forecasts, 2018 - 2032
- 6.8.2 Global market estimates and forecasts, by region, 2018 - 2032
Chapter 7 Hydrolyzed Vegetable Proteins Market , By End-use
- 7.1 Food & Beverages
- 7.1.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.1.3 Bakery & Confectionery
- 7.1.3.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.3.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.1.4 Snacks & Cereals
- 7.1.4.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.4.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.1.5 Meat additives
- 7.1.5.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.5.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.1.6 Beverages
- 7.1.6.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.6.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.1.7 Others
- 7.1.7.1 Global market estimates and forecasts, 2018 - 2032
- 7.1.7.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.2 Cosmetics & Personal Care
- 7.2.1 Global market estimates and forecasts, 2018 - 2032
- 7.2.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.3 Sports Nutrition
- 7.3.1 Global market estimates and forecasts, 2018 - 2032
- 7.3.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.4 Infant Nutrition
- 7.4.1 Global market estimates and forecasts, 2018 - 2032
- 7.4.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.5 Animal Feed
- 7.5.1 Global market estimates and forecasts, 2018 - 2032
- 7.5.2 Global market estimates and forecasts, by region, 2018 - 2032
- 7.6 Others
- 7.6.1 Global market estimates and forecasts, 2018 - 2032
- 7.6.2 Global market estimates and forecasts, by region, 2018 - 2032
Chapter 8 Hydrolyzed Vegetable Proteins Market , By Region
- 8.1 Hydrolyzed Vegetable Proteins market, by region, 2022 & 2032
- 8.2 North America
- 8.2.1 Market estimate and forecast, 2018-2032
- 8.2.2 Market estimates and forecast, By Form, 2018-2032
- 8.2.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.2.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.2.5 U.S.
- 8.2.5.1 Market estimate and forecast, 2018-2032
- 8.2.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.2.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.2.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.2.6 Canada
- 8.2.6.1 Market estimate and forecast, 2018-2032
- 8.2.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.2.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.2.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3 Europe
- 8.3.1 Market estimate and forecast, 2018-2032
- 8.3.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.5 France
- 8.3.5.1 Market estimate and forecast, 2018-2032
- 8.3.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.6 Germany
- 8.3.6.1 Market estimate and forecast, 2018-2032
- 8.3.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.7 Italy
- 8.3.7.1 Market estimate and forecast, 2018-2032
- 8.3.7.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.7.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.7.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.8 Russia
- 8.3.8.1 Market estimate and forecast, 2018-2032
- 8.3.8.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.8.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.8.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.9 UK
- 8.3.9.1 Market estimate and forecast, 2018-2032
- 8.3.9.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.9.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.9.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.3.10 Spain
- 8.3.10.1 Market estimate and forecast, 2018-2032
- 8.3.10.2 Market estimates and forecast, By Form, 2018-2032
- 8.3.10.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.3.10.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.4 Asia Pacific
- 8.4.1 Market estimate and forecast, 2018-2032
- 8.4.2 Market estimates and forecast, By Form, 2018-2032
- 8.4.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.4.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.4.5 China
- 8.4.5.1 Market estimate and forecast, 2018-2032
- 8.4.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.4.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.4.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.4.6 Japan
- 8.4.6.1 Market estimate and forecast, 2018-2032
- 8.4.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.4.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.4.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.4.7 India
- 8.4.7.1 Market estimate and forecast, 2018-2032
- 8.4.7.2 Market estimates and forecast, By Form, 2018-2032
- 8.4.7.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.4.7.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.4.8 South Korea
- 8.4.8.1 Market estimate and forecast, 2018-2032
- 8.4.8.2 Market estimates and forecast, By Form, 2018-2032
- 8.4.8.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.4.8.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.5 Latin America
- 8.5.1 Market estimate and forecast, 2018-2032
- 8.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.5.5 Brazil
- 8.5.5.1 Market estimate and forecast, 2018-2032
- 8.5.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.5.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.5.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.5.6 Argentina
- 8.5.6.1 Market estimate and forecast, 2018-2032
- 8.5.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.5.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.5.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.5.7 Mexico
- 8.5.7.1 Market estimate and forecast, 2018-2032
- 8.5.7.2 Market estimates and forecast, By Form, 2018-2032
- 8.5.7.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.5.7.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.6 Middle East & Africa
- 8.6.1 Market estimate and forecast, 2018-2032
- 8.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.6.5 South Africa
- 8.6.5.1 Market estimate and forecast, 2018-2032
- 8.6.5.2 Market estimates and forecast, By Form, 2018-2032
- 8.6.5.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.6.5.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimate and forecast, 2018-2032
- 8.6.6.2 Market estimates and forecast, By Form, 2018-2032
- 8.6.6.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.6.6.4 Market estimates and forecast, by End-use, 2018 - 2032
- 8.6.7 UAE
- 8.6.7.1 Market estimate and forecast, 2018-2032
- 8.6.7.2 Market estimates and forecast, By Form, 2018-2032
- 8.6.7.3 Market estimates and forecast, by Product Type, 2018 - 2032
- 8.6.7.4 Market estimates and forecast, by End-use, 2018 - 2032
Chapter 9 Company Profiles
- 9.1 AJINOMOTO CO., INC.
- 9.1.1 Business overview
- 9.1.2 Financial data
- 9.1.3 Form Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT analysis
- 9.2 KERRY GROUP PLC
- 9.2.1 Business overview
- 9.2.2 Financial data
- 9.2.3 Form Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT analysis
- 9.3 JONES-HAMILTON CO.
- 9.3.1 Business overview
- 9.3.2 Financial data
- 9.3.3 Form Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT analysis
- 9.4 DSM
- 9.4.1 Business overview
- 9.4.2 Financial data
- 9.4.3 Form Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT analysis
- 9.5 DIANA GROUP
- 9.5.1 Business overview
- 9.5.2 Financial data
- 9.5.3 Form Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT analysis
- 9.6 BROLITE PRODUCTS CO. INC.
- 9.6.1 Business overview
- 9.6.2 Financial data
- 9.6.3 Form Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT analysis
- 9.7 CAREMOLI GROUP
- 9.7.1 Business overview
- 9.7.2 Financial data
- 9.7.3 Form Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT analysis
- 9.8 TATE & LYLE PLC
- 9.8.1 Business overview
- 9.8.2 Financial data
- 9.8.3 Form Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT analysis
- 9.9 GIVAUDAN
- 9.9.1 Business overview
- 9.9.2 Financial data
- 9.9.3 Form Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT analysis
- 9.10 GRIFFITH LABORATORIES
- 9.10.1 Business overview
- 9.10.2 Financial data
- 9.10.3 Form Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT analysis