Hydrolyzed vegetable protein (HVP) is a flavor enhancer used in processed foods. It is usually produced by acid hydrolysis of soybean, corn, or wheat, which are broken down into amino acids. HVP is also produced by enzyme hydrolysis or by alkaline treatment. It is added to food products such as soup, bouillon cubes, seasonings, spices, beef products, flavorings, veggie burgers, imitation meat products, sauces, gravy, cheese powder, and functional beverages among others.
Though HVP is produced chemically, manufacturers consider it to be natural flavoring as it is originally derived from vegetable products. It is also considered as the most sustainable protein ingredients. Increased disposable income and change in lifestyle leading to high demand for convenience food cause increased consumption of HVP, thus driving the market growth.
In 2019, the market size of Hydrolyzed Vegetable Protein is 220 million US$ and it will reach 330 million US$ in 2025, growing at a CAGR of 5.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hydrolyzed Vegetable Protein.
This report studies the global market size of Hydrolyzed Vegetable Protein, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hydrolyzed Vegetable Protein sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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.
Market Segment by Product Type
Dry Powder
Paste
Liquid
Market Segment by Application
Food Products
Functional Beverages
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hydrolyzed Vegetable Protein status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hydrolyzed Vegetable Protein manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hydrolyzed Vegetable Protein are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Hydrolyzed Vegetable Protein. Industry analysis & Market Report on Hydrolyzed Vegetable Protein is a syndicated market report, published as Global (United States, European Union and China) Hydrolyzed Vegetable Protein Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hydrolyzed Vegetable Protein market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.