The report offers detailed coverage of Hydrolyzed Vegetable Protein industry and main market trends.
Hydrolyzed vegetable protein (HVP) is a flavor enhancer used in processed foods. It is usually produced by acid hydrolysis of soybean, corn, or wheat, which are broken down into amino acids. HVP is also produced by enzyme hydrolysis or by alkaline treatment. It is added to food products such as soup, bouillon cubes, seasonings, spices, beef products, flavorings, veggie burgers, imitation meat products, sauces, gravy, cheese powder, and functional beverages among others.
Though HVP is produced chemically, manufacturers consider it to be natural flavoring as it is originally derived from vegetable products. It is also considered as the most sustainable protein ingredients. Increased disposable income and change in lifestyle leading to high demand for convenience food cause increased consumption of HVP, thus driving the market growth.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydrolyzed Vegetable Protein by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Hydrolyzed Vegetable Protein market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2026.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Hydrolyzed Vegetable Protein market for 2015-2026.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Griffith Laboratories
Ajinomoto Co., Inc.
Kerry Group plc
Tate & Lyle plc
Givaudan
Jones-Hamilton Co.
DSM
Diana Group
Brolite Products Co. Inc.
Caremoli Group
Astron Chemicals S.A.
McRitz International Corporation
Good Food, Inc.
Michimoto Foods Products Co. Ltd.
Dien Inc.
Unitechem Co. Ltd.
At the same time, we classify Hydrolyzed Vegetable Protein according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Dry Powder
Paste
Liquid
Market by Application
Food Products
Functional Beverages
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydrolyzed Vegetable Protein market for the forecast period 2021 - 2026?
• What are the driving forces in the Hydrolyzed Vegetable Protein market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydrolyzed Vegetable Protein industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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