Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Hydrolyzed Vegetable Proteins Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Hydrolyzed Vegetable Proteins Market Grow Between 2024 and 2025?
The market size of hydrolyzed vegetable proteins has shown a substantial growth in the past years. The market, which was valued at $1.64 billion in 2024, is expected to reach $1.75 billion in 2025, displaying a compound annual growth rate (CAGR) of 6.7%.
How Much Will the Hydrolyzed Vegetable Proteins Market Be Worth in 2029?
In 2029, the hydrolyzed vegetable proteins market is projected to reach a value of $2.39 billion, growing at a compound annual growth rate (CAGR) of 8.1%.
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Which Hydrolyzed Vegetable Proteins Market Drivers Are Linked to Revenue Growth?
The key drivers in the hydrolyzed vegetable proteins market are:
• Growing demand for plant-based proteins
• Expansion of the food and beverage industry
• Increasing health consciousness and concerns about obesity
• Rising popularity of ready-to-eat meals
Which Segments Are Expected to Grow in the Hydrolyzed Vegetable Proteins Market?
The hydrolyzed vegetable proteinsmarket 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
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What Are The Key Trends Impacting Growth In The Global Hydrolyzed Vegetable Proteins Market?
The key trends in the hydrolyzed vegetable proteins market are:
• The demand for plant-based proteins is on the rise.
• The expansion of the food and beverage industry is shaping the market.
• There's a growing trend of increasing health consciousness.
• The advancements in food technology are significantly impacting the industry.
Who Are the Key Competitors in the Global Hydrolyzed Vegetable Proteins Market?
Major players in the hydrolyzed vegetable proteins market are:
• 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.
Where Is the Hydrolyzed Vegetable Proteins Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the hydrolyzed vegetable proteins market in 2024
