Hydrolysed Vegetable Protein Market

Hydrolysed vegetable protein is derived from boiling cereals or legumes in hydrochloric acid and then neutralizing the solution with sodium hydroxide. The acid breaks down, the protein present in vegetables into their component amino acids. The resulting product is further known as hydrolysed vegetable protein. Hydrolysed vegetable protein is widely used as a flavor enhancer in many processed foods such as soups, sauces, stews, seasoned snack foods, gravies, hot dogs, dips and dressings. It is also blended with other spices to make seasonings that are used in or on foods.

Hydrolysed Vegetable Protein Market contains market size and forecasts of Hydrolysed Vegetable Protein (HVP) in global, including the following market information:

Global Hydrolysed Vegetable Protein (HVP) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Hydrolysed Vegetable Protein (HVP) Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Hydrolysed Vegetable Protein (HVP) companies in 2021 (%)

The global Hydrolysed Vegetable Protein (HVP) market was valued at 1462.1 million in 2021 and is projected to reach US$ 2002.3 million by 2028, at a CAGR of 4.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Soy HVP Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Hydrolysed Vegetable Protein (HVP) include Tate & Lyle, Archer Daniels Midland, Exter, Griffith Foods, Sensient Technologies, Vitana, Kerry, Aipu and Cargill, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Hydrolysed Vegetable Protein (HVP) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hydrolysed Vegetable Protein (HVP) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Hydrolysed Vegetable Protein (HVP) Market Segment Percentages, by Type, 2021 (%)

Soy HVP

Wheat HVP

Others HVP

Global Hydrolysed Vegetable Protein (HVP) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Hydrolysed Vegetable Protein (HVP) Market Segment Percentages, by Application, 2021 (%)

Soy Sauce

Other Sauces

Soup Bases

Marinade

Other Food

Others

Global Hydrolysed Vegetable Protein (HVP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Hydrolysed Vegetable Protein (HVP) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Hydrolysed Vegetable Protein (HVP) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Hydrolysed Vegetable Protein (HVP) revenues share in global market, 2021 (%)

Key companies Hydrolysed Vegetable Protein (HVP) sales in global market, 2017-2022 (Estimated), (MT)

Key companies Hydrolysed Vegetable Protein (HVP) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Tate & Lyle

Archer Daniels Midland

Exter

Griffith Foods

Sensient Technologies

Vitana

Kerry

Aipu

Cargill

Basic Food Flavors

San Soon Seng Food Industries

Ajinomoto

New Weikang

Levapan

Way Chein

Campbell

IFF

Givaudan

Firmenich

Mitsubishi Corporation Life Sciences

Symega

Haco

Symrise

A. Costantino & C. spa

Flavor House

Weijia

Ingredient Inc

Nactis Flavours

Zamek

Foodchem International

Inthaco

Suboneyo Chemicals Pharmaceuticals

Philippine Aminosan

Zhonghui

New Alliance Dye Chem

Titan Biotech