Hydrolyzed Vegetable Proteins Market Report 2025

The hydrolyzed vegetable proteins market size has grown strongly in recent years. It will grow from $1.64 billion in 2024 to $1.77 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased demand for high-quality proteins in developing markets, expansion of the pet food industry, increasing demand for functional foods, growing demand for sustainable ingredients, increasing demand for organic and natural products.

The hydrolyzed vegetable proteins market size is expected to see strong growth in the next few years. It will grow to $2.41 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to growing demand for plant-based proteins, expansion of the food and beverage industry, increasing health consciousness, rising obesity levels, growing popularity of ready-to-eat meals. Major trends in the forecast period include advancements in food technology, expansion of the cosmetics industry, introdcution of sustainable ingredients.

The increasing popularity of vegetarian and vegan diets is expected to drive the growth of the hydrolyzed vegetable protein market in the coming years. Vegetarian and vegan diets are variations of vegetarianism that exclude all animal-derived foods. Hydrolyzed vegetable protein, sourced from plants, offers a versatile and sustainable option to meet the protein needs of vegetarian and vegan consumers. For instance, in December 2023, the National Library of Medicine reported that adherence to vegetarian or vegan diets rose from 3.1% in 2021 to 6.1% in 2022, with an average of 4.6% of respondents following these diets. Thus, the rising popularity of vegetarian and vegan diets is significantly contributing to the growth of the hydrolyzed vegetable protein market.

The increasing emphasis on health consciousness among consumers is poised to drive the hydrolyzed vegetable protein market in the foreseeable future. Health consciousness involves individuals or groups actively striving to preserve and enhance well-being. Consumers are becoming more mindful of their health, and hydrolyzed vegetable proteins are often perceived as healthier alternatives to animal-derived proteins. As evidence, the Global Wellness Economy Monitor 2023 report by the Global Wellness Institute, a U.S.-based non-profit organization, noted that the nutrition market, healthy eating, and weight loss increased from $911 billion to $1.07 trillion by 2022. This underscores the impact of rising health consciousness in propelling the hydrolyzed vegetable protein market.

A significant trend gaining traction in the hydrolyzed vegetable protein market is the focus on product innovations. Key companies in the market are directing their efforts towards introducing new and innovative products to maintain their market position. For example, in November 2022, Crespel & Deiters GmbH & Co. KG, a Germany-based wheat protein manufacturing company, unveiled Lory Tex, a textured wheat protein. Loryma's wheat proteins, known for providing texture, are utilized in the creation of vegetarian and vegan substitutes for meat and fish, enhancing flavor, promoting health, and presenting visually appealing options. The texturized wheat proteins from Lory Tex play a crucial role in balanced diets and serve as the foundation for inventive culinary creations and forward-looking food innovations. Wheat texturates, with their meat-such as texture, prove ideal for vegetarian products and protein enhancement in low-carb diets utilizing vegetable proteins.

Major players in the hydrolyzed vegetable protein market are embracing strategic investments, exemplified by the Archer-Daniels-Midland Company's substantial investment, to address the growing demand for substitute proteins through significant capacity expansion. Archer-Daniels-Midland Company (ADM) is set to invest $300 million, expanding its global production of alternative proteins to meet the increasing customer demand for high-quality plant-based proteins. In April 2022, ADM announced this substantial investment to significantly boost its alternative protein manufacturing in Decatur, Illinois. The company plans to establish a groundbreaking Protein Innovation Center in Decatur, collaborating with its Food Application Center and Animal Nutrition Technology Center to enhance its Decatur-based innovation complex. This initiative aims to strengthen ADM's capacity to collaborate closely with consumers, providing tailored solutions to meet their specific needs.

In January 2022, The Crespel & Deiters Group, a German wheat protein manufacturing firm, completed the acquisition of Extruded Cereal Products B.V. for an undisclosed sum. This strategic move enables Crespel & Deiters Group to broaden its technological capabilities, ensure a sufficient supply of sought-after ingredients, and introduce a new processing step to its extensive array of wheat refining options. Extruded Cereal Products B.V. is a Netherlands-based manufacturing company specializing in vegetable proteins.

Major companies operating in the hydrolyzed vegetable proteins market include Cargill Inc., Archer Daniels Midland Company, Caremoli SPA, Jones-Hamilton Co., Ajinomoto Co. Inc., Kerry Group plc., Symrise AG, Koninklijke DSM N.V., Givaudan SA, Tate And Lyle plc., Sensient Technologies Corporation, Griffith Foods Inc., Sun Impex International Foods LLC, Aipu Food Industry Co. Ltd., Exter, Titan Biotech Limited, Chaitanya Biologicals Pvt. Ltd, Aarkay Food Products Ltd., Nactis Flavours, Caremoli Dien Inc., New Alliance Dye Chem Pvt. Ltd., Dien Inc., Shanghai Bichain Industrial Chemical Co. Ltd., Astron Chemicals S.A., Henan Hengernuo Biotechnology Co. Ltd., PMV Nutrient Products Pvt. Ltd., Shandong Jianyuan Group Co. Ltd.

North America was the largest region in the hydrolyzed vegetable proteins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydrolyzed vegetable proteins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydrolyzed vegetable proteins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Hydrolyzed Vegetable Proteins (HVP) are proteins derived from vegetables that are broken down into amino acids through hydrolysis. Commonly used as a flavor enhancer, HVP is found in processed foods, soups, sauces, and seasonings. It imparts a savory, umami taste, enhancing the overall flavor profile of food products.

The primary sources of hydrolyzed vegetable protein include soy, wheat, corn, peas, and other plant-based ingredients. Soy, a small bean extensively cultivated for both human and animal consumption, is used to produce hydrolyzed protein, which functions as a flavor enhancer in food. These proteins are manufactured in dry powder and liquid forms, offering diverse functions such as flavoring agents and emulsifying agents. They find applications in various food sectors, including bakery and confectionery, processed food products, meat substitutes, and beverages.

The hydrolyzed vegetable proteins market research report is one of a series of new reports that provides hydrolyzed vegetable proteins market statistics, including hydrolyzed vegetable proteins industry global market size, regional shares, competitors with a hydrolyzed vegetable proteins market share, detailed hydrolyzed vegetable proteins market segments, market trends and opportunities, and any further data you may need to thrive in the hydrolyzed vegetable proteins industry. This hydrolyzed vegetable proteins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The hydrolyzed vegetable protein market consists of sales of hydrolyzed sunflower protein and hydrolyzed almond protein. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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