Hydrolyzed Vegetable Protein Market – 2022-2026 | Increasing Availability of Hydrolyzed Vegetable Proteins across e-commerce Platforms to Boost Market Growth | 17,000+ Technavio Research Reports

Key Market Dynamics:

  • Key Market Driver
    • The rising availability of hydrolyzed vegetable proteins across e-commerce platforms is one of the important reasons driving the worldwide hydrolyzed vegetable protein market growth. Consumers benefit from online sales because they make buying easier, save time, and provide quick delivery. This also aids market vendors in saving money on operational and overhead costs, which are lower in the online retail format than in the physical store format. Online channels are being used by vendors to reach out to the remaining consumers who live in remote or rural locations and do not have access to brick-and-mortar establishments. In the foreseeable term, such factors are expected to have a beneficial impact on market growth.
  • Key Market Challenges
    • The increased demand for healthy and nutritional products, owing to expanding consumer knowledge of these products’ health benefits, is one of the significant hurdles to the global hydrolyzed vegetable protein market growth. In contrast to frozen meals, there has been a global movement in demand for healthful and nutritional items. Fresh produce gives you more energy, decreases the effects of aging, and helps you lose weight. The World Health Organization’s (WHO) advocacy of fresh fruit and vegetable consumption, as well as an increase in the number of supermarkets, are likely to have a negative impact on the global hydrolyzed vegetable protein market during the forecast period.

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The hydrolyzed vegetable protein market report is segmented by Type (Dry powder, Liquid, and Paste) and Geography (Europe, North America, APAC, South America, and the Middle East and Africa).  Europe will be the leading region with 42% of the market’s growth during the forecast period. The US, China, and Australia is the key market for hydrolyzed vegetable protein in Europe.

During the projected period, the dry powder segment’s hydrolyzed vegetable protein market share will expand significantly. The rising demand for hydrolyzed vegetable protein powders to enhance the flavor of numerous food formulations by breaking down the vegetable proteins into their basic amino acids, which results in covering up to 20% glutamate in the food product, is ascribed to the growth.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned with their Offerings

The global hydrolyzed vegetable protein market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

    • Ajinomoto Co. Inc.
    • Aarkay Food Products Ltd.
    • Aipu Food Industry
    • BELVITA FOOD INGREDIENTS PVT. LTD.
    • Caremoli SpA
    • Chaitanya Biologicals Pvt. Ltd.
    • Dien LLC
    • Foodchem International Corp.
    • FoodGrain Group Sdn. Bhd.
    • Givaudan SA
    • Griffith Foods Worldwide Inc.
    • Innova Flavors
    • Kerry Group Plc
    • Koninklijke DSM NV
    • Merck and Co. Inc.

To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Hydrolyzed Vegetable Protein Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.16%

Market growth 2022-2026

$ 622 million

Market structure

Fragmented

YoY growth (%)

3.66

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 42%

Key consumer countries

US, China, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ajinomoto Co. Inc., Aarkay Food Products Ltd., Aipu Food Industry, BELVITA FOOD INGREDIENTS PVT. LTD., Caremoli SpA, Chaitanya Biologicals Pvt. Ltd., Dien LLC, Foodchem International Corp., FoodGrain Group Sdn. Bhd., Givaudan SA, Griffith Foods Worldwide Inc., Innova Flavors, Kerry Group Plc, Koninklijke DSM NV, Merck and Co. Inc., New Alliance Dye Chem Pvt. Ltd., Parchem Fine and Specialty Chemicals Inc., Shanghai Bichain Industrial Chemical Co. Ltd., Tate and Lyle Plc, and Titan Biotech Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Dry powder – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Dry powder – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Dry powder – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Dry powder – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Dry powder – Year-over-year growth 2021-2026 (%)
  • 5.4 Liquid – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Liquid – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Liquid – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Liquid – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Liquid – Year-over-year growth 2021-2026 (%)
  • 5.5 Paste – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Paste – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Paste – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Paste – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Paste – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Type
    • Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.4 North America – Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Australia – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Australia – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Australia – Year-over-year growth 2021-2026 (%)
  • 7.11 Market opportunity by geography
    • Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 81: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 82: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 83: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 84: Matrix on vendor position and classification
  • 10.3 Ajinomoto Co. Inc.
    • Exhibit 85: Ajinomoto Co. Inc. – Overview
    • Exhibit 86: Ajinomoto Co. Inc. – Business segments
    • Exhibit 87: Ajinomoto Co. Inc. – Key news
    • Exhibit 88: Ajinomoto Co. Inc. – Key offerings
    • Exhibit 89: Ajinomoto Co. Inc. – Segment focus
  • 10.4 Chaitanya Biologicals Pvt. Ltd.
    • Exhibit 90: Chaitanya Biologicals Pvt. Ltd. – Overview
    • Exhibit 91: Chaitanya Biologicals Pvt. Ltd. – Product / Service
    • Exhibit 92: Chaitanya Biologicals Pvt. Ltd. – Key offerings
  • 10.5 Dien LLC
    • Exhibit 93: Dien LLC – Overview
    • Exhibit 94: Dien LLC – Product / Service
    • Exhibit 95: Dien LLC – Key offerings
  • 10.6 Griffith Foods Worldwide Inc.
    • Exhibit 96: Griffith Foods Worldwide Inc. – Overview
    • Exhibit 97: Griffith Foods Worldwide Inc. – Product / Service
    • Exhibit 98: Griffith Foods Worldwide Inc. – Key offerings
  • 10.7 Kerry Group Plc
    • Exhibit 99: Kerry Group Plc – Overview
    • Exhibit 100: Kerry Group Plc – Business segments
    • Exhibit 101: Kerry Group Plc – Key offerings
    • Exhibit 102: Kerry Group Plc – Segment focus
  • 10.8 Koninklijke DSM NV
    • Exhibit 103: Koninklijke DSM NV – Overview
    • Exhibit 104: Koninklijke DSM NV – Business segments
    • Exhibit 105: Koninklijke DSM NV – Key news
    • Exhibit 106: Koninklijke DSM NV – Key offerings
    • Exhibit 107: Koninklijke DSM NV – Segment focus
  • 10.9 Merck and Co. Inc.
    • Exhibit 108: Merck and Co. Inc. – Overview
    • Exhibit 109: Merck and Co. Inc. – Business segments
    • Exhibit 110: Merck and Co. Inc. – Key news
    • Exhibit 111: Merck and Co. Inc. – Key offerings
    • Exhibit 112: Merck and Co. Inc. – Segment focus
  • 10.10 New Alliance Dye Chem Pvt. Ltd.
    • Exhibit 113: New Alliance Dye Chem Pvt. Ltd. – Overview
    • Exhibit 114: New Alliance Dye Chem Pvt. Ltd. – Product / Service
    • Exhibit 115: New Alliance Dye Chem Pvt. Ltd. – Key offerings
  • 10.11 Tate and Lyle Plc
    • Exhibit 116: Tate and Lyle Plc – Overview
    • Exhibit 117: Tate and Lyle Plc – Business segments
    • Exhibit 118: Tate and Lyle Plc – Key news
    • Exhibit 119: Tate and Lyle Plc – Key offerings
    • Exhibit 120: Tate and Lyle Plc – Segment focus
  • 10.12 Titan Biotech Ltd.
    • Exhibit 121: Titan Biotech Ltd. – Overview
    • Exhibit 122: Titan Biotech Ltd. – Product / Service
    • Exhibit 123: Titan Biotech Ltd. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 124: Inclusions checklist
    • Exhibit 125: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 126: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 127: Research methodology
    • Exhibit 128: Validation techniques employed for market sizing
    • Exhibit 129: Information sources
  • 11.5 List of abbreviations
    • Exhibit 130: List of abbreviations

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