Press release
Global Hydrolyzed Vegetable Protein Market Estimated to Reach US$ 286.26 Mn by 2022, due to Rise in Demand for Protein-Rich Ready-To-Eat Meals
Hydrolyzed vegetable protein is developed by protein hydrolysis. Despite the chemical process, the ingredients used in the process are natural and plant-based proteins. Hence, the solution keeps the richness of the protein intact. The increasing demand for the protein significantly from the past years has instigated the need of HVP. For instance, in 2014, about more than half of the consumers in United States are opting for foods that are rich in protein. In addition, in the same year it was also witnessed that majority of the consumers preferred plant proteins over animal protein. However, in 2010, while inspecting the HVP process in one of the manufacturing lines of Basic Food Flavors in North Las Vegas by FDA, Salmonella Tennesse, a form of bacteria substance was found.The bacteria on consumption would affect the health of consumers to a great extent. The growth of such bacteria is due to inappropriate quantity and presence high amount of reactive MSG content in the process. After the identification of Salmonella Tennesse, a rise in awareness regarding the hydrolyzed vegetable protein is noticed. Wherein, it included the increase in security measures, rights for labeling MSG products and carcinogenic substance. Despite such challenges, owing to the rise in awareness, security and labeling policies by FDA including the growth in healthy food habits has potentially instigated the growth aspects of the HVP market.
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Key Players :
Ajinomoto Co. Inc., Koninklijke DSM N.V., Tate & Lyle, Inc., Givaudan, Kerry Group plc, Jones-Hamilton Co., Diana Group, Good Food, Inc., The Caremoli Group, Astron Chemicals S.A., Brolite Products Co. Inc. Levapan S.A., and McRitz International Corp amongst others.
The regional study of the global Hydrolyzed Vegetable Protein market is performed through its segments into key regions North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. Each region provides a diverse array of influential factors and therefore opportunities for the various players in the global market. The report thus helps players visualize the various dynamics involved in the market and how they can use them either to their advantage or circumvent challenges to gain more success.
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Processed Food Anticipated to be the Dominant Segment During the Forecast Period, 2018-2026 :
Among the applications of hydrolyzed vegetable protein, processed food is a dominant segment holding the largest market share. It is also anticipated to be the fastest growing market during the forecast period. HVP substance are predominantly used as nutritional elements and flavor add on for the processed foods as seasoning, in baked foods, meat products, sauces, frozen food, soups and snacks.
Furthermore, the competitive landscape of the global Hydrolyzed Vegetable Protein market has been described in high detail. Each of the key players in the market are revealed in terms of their basic company data, key competitors, and presence of manufacturing bases. These players are also described according to their offerings in product types and technologies, the solutions they offer, and the production costs, revenue generated, and overall price of these solutions.
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A SWOT analysis of the upcoming projects being undertaken in the Global Hydrolyzed Vegetable Protein Market identifies and evaluates the weaknesses, strengths, threats, and opportunities of the new projects, in addition to an assessment of their investment returns, investment feasibility, and development trends.
Table of Contents:
Global Hydrolyzed Vegetable Protein Market Research Report 2018-2026
Chapter 1 Hydrolyzed Vegetable Protein Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region (2018-2026)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2026)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2026)
Chapter 13 Appendix
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Absolute Markets Insights is a global market research company taking into account leading businesses, colleges, universities, non-profit organizations, and government foundations. Absolute Markets Insights is dedicated to presenting you an ideal blend of data parameters. Our reports depend on the research and analysis that covers a magnitude of factors, for example, industry research, market sizing and forecasts, technological advancements, innovation trends, financial growth, pricing trends, competitive insights, and an in-depth study of market segments
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