United States Hydrolyzed Vegetable Protein Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

The Hydrolyzed Vegetable Protein market is growing at a CAGR of 5% during the forecast period (2023-2030).

Key Development:

✅ In August 2025, Japan's HVP market is anticipated to expand significantly, driven by the increasing adoption of plant-based diets and the demand for natural flavoring agents in various food applications.

✅ In July 2025, Japan's HVP market is projected to continue its growth trajectory, supported by the country's strong food processing industry and consumer preference for clean-label products.

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Mergers and acquisitions:

United States: Recent M&A Developments

✅ In August 2023, Givaudan acquired a smaller flavor company to strengthen its portfolio in plant-based ingredients, enhancing its capabilities in the HVP sector.

✅ In April 2022, Archer Daniels Midland Company (ADM) announced a $300 million investment to dramatically increase its alternative protein manufacturing in Decatur, Illinois, including the establishment of a new Protein Innovation Center.

✅ In January 2022, Crespel & Deiters Group, a Germany-based manufacturer of wheat protein, acquired Extruded Cereal Products B.V., a Netherlands-based producer of vegetable proteins, to extend its technological capabilities and ensure a steady supply of in-demand ingredients.

Europe: Recent M&A Developments

✅ In February 2020, Kerry Group acquired Pevesa Biotech, a Spanish company specializing in organic and non-allergenic plant protein ingredients, to expand its position in the HVP market and provide customers with non-allergenic as well as organic plant protein ingredients.

✅ In January 2022, Crespel & Deiters Group acquired Extruded Cereal Products B.V., extending its technological capabilities and ensuring an adequate supply of in-demand ingredients.

Asia-Pacific: Recent M&A Developments

✅ In January 2022, Crespel & Deiters Group acquired Extruded Cereal Products B.V., extending its technological capabilities and ensuring an adequate supply of in-demand ingredients.

Latin America: Recent M&A Developments

✅ In January 2022, Crespel & Deiters Group acquired Extruded Cereal Products B.V., extending its technological capabilities and ensuring an adequate supply of in-demand ingredients.

Key Players:

=> Ajinomoto Co., Inc., Kerry Group Plc., Aipu Food Industry, Titan Biotech, Cargill Inc., Roquette Frères, DSM, Tate & Lyle, ADM and Griffith Foods.

Growth Forecast Projected:

The Global Hydrolyzed Vegetable Protein Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hydrolyzed Vegetable Protein Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Source: Pea, Soy, Wheat, Corn, Rice, Others

➥ By Form: Dry Powder, Liquid, Paste

➥ By Application: Food and Beverages, Personal Care Products, Others

Regional Analysis for Hydrolyzed Vegetable Protein Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Hydrolyzed Vegetable Protein producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Hydrolyzed Vegetable Protein revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Hydrolyzed Vegetable Protein Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2024 to 2031.

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