The global demand for Hydrolyzed Plant Protein Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Hydrolyzed plant proteins come from wheat, peas, soybeans, and other sources, and they're employed as an anti-hypertensive in various functional meals. Consumption of hydrolyzed plant proteins lowers saturated fat intake, lessens the risk of cardiovascular disease, and is also more effective at lowering blood cholesterol levels. Compared to other animal-based proteins, these proteins are more advantageous to people with high fasting cholesterol absorption.
Market Dynamics
Globally, people's attitudes on healthy eating are shifting. To be healthy, consumers strive to meet the necessary protein dietary allowance. Differentiating aspects include their concerns regarding the protein source and the amount of protein they consume. Consumers are increasingly adopting vegan diets as they become more aware of the health benefits connected with meat alternatives. Changes in consumer behaviour and an increasing number of consumers opting for plant-based food items are pushed by concerns about health, the environment, and animal welfare. As allergen-free protein sources become increasingly popular, consumers are gravitating toward plant-based proteins. The growing popularity of plant-based diets and the nutritious value of these proteins are driving the expansion of the hydrolyzed plant-based protein market. To react to changing protein trends, key protein manufacturers focus on diverse alternatives (plant-based proteins), such as hydrolyzed plant protein. Due to a growth in the number of vegans, vegetarians, and flexitarians worldwide, food ingredient manufacturing firms have demonstrated a great interest in improving their market presence by emphasizing plant-based components. The growing need for plant-based dietary ingredients, and the numerous health benefits of vegan diets, are boosting the demand for hydrolyzed plant protein.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hydrolyzed plant protein. The growth and trends of hydrolyzed plant protein industry provide a holistic approach to this study.
Market Segmentation
This section of the hydrolyzed plant protein market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Soy Source
- Rice Source
- Pea Source
- Wheat Source
- Others
By Application
- Food And Beverages
- Cosmetic & Personal Care
- Sports Nutrition
- Infant Nutrition
- Animal Feed
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Hydrolyzed Plant Protein market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hydrolyzed Plant Protein Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hydrolyzed plant protein market include Kerry, Tate & Lyle, Cargill, Archer Daniels Midland, Roquette Freres, Griffith Foods, Kelisema, PEVESA, FrieslandCampina Ingredients, New Alliance Dye Chem, A. Costantino & C, MGP, AJINOMOTO PHILIPPINES, ASTRON LIMITED, Aarkay Food Products. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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