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Hydrolyzed Corn Protein Market Trends

  • Report ID: GMI11269
  • Published Date: Sep 2024
  • Report Format: PDF

Hydrolyzed Corn Protein Market Trends

The hydrolyzed corn protein industry is experiencing significant trends, notably a surge in demand for plant-based proteins, largely fueled by the growing popularity of vegan and vegetarian diets. According to the USDA, the plant-based food market grew by 27% in 2023, reflecting this shift in consumer preferences. As consumers increasingly prioritize clean-label products, manufacturers are responding by incorporating natural ingredients, such as hydrolyzed corn protein, as flavor enhancers.
 

Furthermore, sustainability is taking center stage, with a growing number of companies delving into eco-friendly production techniques. The EPA reports that sustainable agricultural practices have increased by 15% over the past year. Beyond its traditional role in food and beverages, hydrolyzed corn protein is carving out a niche in cosmetics and personal care, celebrated for its moisturizing and skin-conditioning benefits. These evolving trends are not only driving the market's steady growth but also broadening its horizons.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of hydrolyzed corn protein reached USD 3.2 billion in 2023 and is set to expand at over 5.3% CAGR from 2024 to 2032, due to its rich amino acid profile and umami flavor, making it a popular flavor enhancer in food products, animal feed, and cosmetics.

The powder form segment is anticipated to reach USD 3 billion by 2032, led by its versatility, user-friendly nature, and extended shelf life.

North America market size is expected 4.6% CAGR between 2024 and 2032, driven by rising health consciousness and demand for plant-based protein sources.

ADM, Tate & Lyle PLC, Sensient Technologies, Cargill, Ingredients Inc., Givaudan SA, Kerry Group Plc, D

Hydrolyzed Corn Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 8
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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