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Hydrolyzed Vegetable Proteins Market Share

Report ID: GMI5593
Published Date: May 2023
Report Format: PDF

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Hydrolyzed Vegetable Proteins Market Share

Some of the leading companies involved in the hydrolyzed vegetable proteins market are:

Kerry Group Plc
Ajinomoto Co., Inc
Jones-Hamilton Co
DSM
Diana Group
Brolite Products Co. Inc
Caremoli Group
Tate & Lyle Plc
Givaudan,
Griffith Laboratories.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of hydrolyzed vegetable proteins was valued at USD 1.44 billion in 2023 and is primed to observe over 7.3% CAGR from 2024 to 2032, attributed to the high incidence rate of diabetes and increasing fast food consumption worldwide.

The soy protein segment is estimated to grow at over 7.5% CAGR through 2032, given its numerous health benefits and ability to relieve conditions like hormonal imbalance and osteoporosis.

The food & beverages segment accumulated over 41% of the hydrolyzed vegetable proteins industry share in 2022, owing to its widespread usage as a taste enhancer, stabilizer, and foaming agent in a range of food items.

Notable players in the market include Kerry Group Plc, Ajinomoto Co., Inc., Jones-Hamilton Co, DSM, Diana Group, Brolite Products Co. Inc., Caremoli Group, Tate & Lyle Plc, Givaudan, and Griffith Laboratories.