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.
The global Hydrolyzed Vegetable Protein market was valued at 220 million US$ in 2018 and will reach 330 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025.
This report focuses on Hydrolyzed Vegetable Protein volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydrolyzed Vegetable Protein market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hydrolyzed Vegetable Protein in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hydrolyzed Vegetable Protein manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Dry Powder
Paste
Liquid
Segment by Application
Food Products
Functional Beverages
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 Hydrolyzed Vegetable Protein Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Hydrolyzed Vegetable Protein market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.