Press release
Hydrolyzed Vegetable Protein (HVP) Powder market is projected to reach US$ 2145.4 million in 2029, increasing from US$ 1452 million in 2022, with the CAGR of 5.9% - Valuates reports
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Hydrolyzed Vegetable Protein (HVP) Powder Market
Hydrolyzed Vegetable Protein (HVP) Powder is a food ingredient derived from various plant sources that undergoes a process called hydrolysis. During hydrolysis, proteins from vegetables such as soy, corn, or wheat are broken down into smaller components, resulting in a powdered form known as HVP. HVP powder is commonly used as a flavor enhancer and ingredient in many processed food products.
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Hydrolyzed Vegetable Protein (HVP) Powder market research.
Key manufacturers engaged in the Hydrolyzed Vegetable Protein (HVP) Powder industry include Kerry Group, Ajinomoto, Griffith Foods, Exter, Tate & Lyle, Sensient Technologies, Vitana, Basic Food Flavors and Mitsubishi Corporation Life Sciences, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Hydrolyzed Vegetable Protein (HVP) Powder production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Hydrolyzed Vegetable Protein (HVP) Powder were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Hydrolyzed Vegetable Protein (HVP) Powder market and estimated to attract more attentions from industry insiders and investors.
Segment by Type
Soya HVP
Wheat HVP
Corn HVP
Others
Segment by Application
Soups and Sauces
Snacks
Seasonings
Others
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https://reports.valuates.com/market-reports/QYRE-Auto-37J7032/global-flavor-enhancers
https://reports.valuates.com/market-reports/QYRE-Auto-36L12244/global-hydrolyzed-vegetable-protein-hvp
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