Hydrolyzed Vegetable Proteins Market Size Projected To Reach $2.41 Billion By 2034 With A Cagr Of 8%

The Hydrolyzed Vegetable Proteins Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Hydrolyzed Vegetable Proteins Market?
In the past few years, the market size for hydrolyzed vegetable proteins has experienced a strong growth. Predictions indicate an increase from $1.64 billion in 2024 to $1.77 billion in 2025, with a 7.5% compound annual growth rate (CAGR). The market's expansion is attributed to various factors, including the growing demand for superior proteins in the developing markets, enlargement of the pet food sector, rising demand for functional foods, escalating need for sustainable components, and the surge in demand for organic and natural products.

The market size of hydrolyzed vegetable proteins is anticipated to witness a robust growth in the forthcoming years, escalating to a figure of $2.41 billion by 2029, with a compound annual growth rate (CAGR) of 8.0%. The upsurge during the projected period is linked to the growing appetite for plant-based proteins, the flourishing food and beverage sector, rising health awareness, increasing obesity rates, and the rising trend of ready-to-eat meals. The significant trends to look out for during the projection period encompass progress in food technology, growth of the cosmetics industry, and the incorporation of sustainable ingredients.

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What Are the Different Hydrolyzed Vegetable Proteins Market Segments?
The hydrolyzed vegetable proteins market covered in this report is segmented -

1) By Source: Soy, Wheat, Corn, Pea, Other Sources
2) By Form: Dry Powder, Liquid
3) By Function: Flavoring Agent, Emulsifying Agent, Other Functions
4) By Application: Bakery And Confectionary, Processed Food Products, Meat Substitutes, Beverages, Other Applications

Subsegments:
1) By Soy: Soy Protein Isolate, Soy Protein Concentrate, Hydrolyzed Soy Protein
2) By Wheat: Wheat Protein Isolate, Hydrolyzed Wheat Protein
3) By Corn: Corn Protein Isolate, Hydrolyzed Corn Protein
4) By Pea: Pea Protein Isolate, Hydrolyzed Pea Protein
5) By Other Sources: Rice, Potato, Sunflower

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What Are the Primary Drivers Shaping the Hydrolyzed Vegetable Proteins Market?
The hydrolyzed vegetable protein market is predicted to flourish due to the increasing trend of vegetarian and vegan diets. These diets, which avoid any food derived from animals, have shown a surge in adherents. Known as a substantial and adaptable substitute to fulfill protein requirements of vegetarians and vegan customers, hydrolyzed vegetable protein is made from plants. For instance, the National Library of Medicine, a biomedical library located in the US, reported in December 2023 that the percentage of individuals following vegetarian or vegan diets increased from 3.1% in 2021 to 6.1% in 2022, averaging 4.6% of participants. Consequently, the escalating trend of vegan and vegetarian diets is fueling the hydrolyzed vegetable protein market's growth.

Which Companies Are Leading in the Hydrolyzed Vegetable Proteins Market?
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.

What Are the Major Trends Shaping the Hydrolyzed Vegetable Proteins Market?
The rise in product innovations is a significant trend being observed in the hydrolyzed vegetable protein market. Major corporations in the market are primarily concentrating on creating new products to maintain their market standing. For instance, in November 2022, the German wheat protein manufacturing firm, Crespel & Deiters GmbH & Co. KG, unveiled Lory Tex, a textured wheat protein product. Loryma's wheat proteins, known for their texture, are utilized in the production of visually appealing, tasty, and healthy substitutes for vegetarian, vegan meat, and fish. These textured wheat proteins from Lory Tex contribute to a balanced nutritional intake and form the base for creative culinary innovations and futuristic food inventions. Wheat texture with a meat-like quality is optimal for vegetarian products and protein fortification in vegetable protein-based low-carb diets.

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What Are the Top Revenue-Generating Geographies in the Hydrolyzed Vegetable Proteins Market?
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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Hydrolyzed Vegetable Proteins Market?
2. What is the CAGR expected in the Hydrolyzed Vegetable Proteins Market?
3. What Are the Key Innovations Transforming the Hydrolyzed Vegetable Proteins Industry?
4. Which Region Is Leading the Hydrolyzed Vegetable Proteins Market?

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