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Hydrolyzed Vegetable Protein Market by Application (Food Products and Functional Beverages), Source (Soy, Rapeseed, Corn, Rice, Pea, Wheat, and Others), and Form (Dry Powder, Paste, and Liquid) - Global Opportunity Analysis and Industry Forecast, 2020-2027

FB : Food Ingredient
A02680
Pages: NA
Feb 2021 | 5842 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

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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. This protein is used to restore add flavor to the aforementioned food products during canning, freezing, or drying.

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. Thus, increase in demand for protein-rich natural ingredients and clean-labeled food products is further expected to propel the market growth. However, monosodium glutamate (MSG) in HVPs causes health issues such as headache, sweating, facial pressure or tightness, numbness, burning in the face & neck, heart palpitations, chest pain, nausea, weakness, and others. Though the Food and Drug Administration (FDA) has not banned the use of MSG, its negative reputation among consumers may hamper the market growth. Growth in food & beverage industry in Asia-Pacific is expected to create new opportunities for the manufacturers of HVP.

The global hydrolyzed vegetable protein market segmented based on application, source, form, and geography. Based on application, it is bifurcated into food products and functional beverages. On the basis of source, it is divided into soy, rapeseed, corn, rice, pea, wheat, and others. The form segment includes dry powder, paste, and liquid. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The Major Players Profiled In This Study Include:

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

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global hydrolyzed vegetable protein market to elucidate the prevailing opportunities and potential investment pockets.
  • It offers qualitative trends and quantitative analysis from 2016 to 2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the sources of HVP and its application.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies.
  • The key players in the market are profiled and their strategies & developments are analyzed to understand the competitive outlook of the industry.

Hydrolyzed Vegetable Protein Market Key Segmentation:

By Application

  • Food Products
    • Noodles
    • Pastas
    • Prepared Soups
    • Sauces
    • Ready Meals
    • Dips & Dressings
    • Meat
    • Fish
    • Seasoning Mixes
    • Others
  • Functional Beverages

By Source

  • Soy
  • Rapeseed
  • Corn
  • Rice
  • Pea
  • Wheat
  • Others

By Form

  • Dry Powder
  • Paste
  • Liquid

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Africa
    • Saudi Arabia
    • UAE
    • Rest of LAMEA

Key Players

  • Astron Chemicals S.A.
  • McRitz International Corporation
  • Good Food, Inc.
  • Michimoto Foods Products Co., Ltd.
  • Dien Inc.
  • Innova Flavors
  • Unitechem Co., Ltd.
 

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

CHAPTER 4 GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET, BY APPLICATION

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. FOOD PRODUCTS

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. Noodles
4.2.5. Pastas
4.2.6. Prepared soups
4.2.7. Sauces
4.2.8. Ready meals
4.2.9. Dips & dressings
4.2.10. Meat
4.2.11. Fish
4.2.12. Seasoning mixes
4.2.13. Others

4.3. FUNCTIONAL BEVERAGE

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

CHAPTER 5 GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET, BY SOURCE

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. SOY

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. RAPESEED

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. CORN

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.5. RICE

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

5.6. PEA

5.6.1. Key market trends
5.6.2. Key growth factors and opportunities
5.6.3. Market size and forecast

5.7. WHEAT

5.7.1. Key market trends
5.7.2. Key growth factors and opportunities
5.7.3. Market size and forecast

5.8. OTHERS

5.8.1. Key market trends
5.8.2. Key growth factors and opportunities
5.8.3. Market size and forecast

CHAPTER 6 GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET, BY FORM

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. DRY POWDER

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. PASTE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. LIQUID

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities

CHAPTER 7 GLOBAL HYDROLYZED VEGETABLE PROTEIN MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. By Application
7.2.3.2. By Source
7.2.3.3. By Form
7.2.3.4. By Country

7.2.4. U.S.

7.2.4.1. Market size and forecast, by application

7.2.5. Canada

7.2.5.1. Market size and forecast, by application

7.2.6. Mexico

7.2.6.1. Market size and forecast, by application

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. By Application
7.3.3.2. By Source
7.3.3.3. By Form
7.3.3.4. By Country

7.3.4. Germany

7.3.4.1. Market size and forecast, by application

7.3.5. France

7.3.5.1. Market size and forecast, by application

7.3.6. UK

7.3.6.1. Market size and forecast, by application

7.3.7. Italy

7.3.7.1. Market size and forecast, by application

7.3.8. Rest of Europe

7.3.8.1. Market size and forecast, by application

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. By Application
7.4.3.2. By Source
7.4.3.3. By Form
7.4.3.4. By Country

7.4.4. China

7.4.4.1. Market size and forecast, by application

7.4.5. Japan

7.4.5.1. Market size and forecast, by application

7.4.6. India

7.4.6.1. Market size and forecast, by application

7.4.7. Australia

7.4.7.1. Market size and forecast, by application

7.4.8. Korea

7.4.8.1. Market size and forecast, by application

7.4.9. Rest of Asia-Pacific

7.4.9.1. Market size and forecast, by application

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast

7.5.3.1. By Application
7.5.3.2. By Source
7.5.3.3. By Form
7.5.3.4. By Country

7.5.4. Brazil

7.5.4.1. Market size and forecast, by application

7.5.5. Saudi Arabia

7.5.5.1. Market size and forecast, by application

7.5.6. South Africa

7.5.6.1. Market size and forecast, by application

7.5.7. Rest of LAMEA

7.5.7.1. Market size and forecast, by application

CHAPTER 8 COMPANY PROFILES

8.1. GRIFFITH LABORATORIES

8.1.1. Operating business segments
8.1.2. Business performance
8.1.3. Key strategic moves and developments

8.2. AJINOMOTO CO., INC.

8.2.1. Operating business segments
8.2.2. Business performance
8.2.3. Key strategic moves and developments

8.3. KERRY GROUP PLC

8.3.1. Operating business segments
8.3.2. Business performance
8.3.3. Key strategic moves and developments

8.4. TATE & LYLE PLC

8.4.1. Operating business segments
8.4.2. Business performance
8.4.3. Key strategic moves and developments

8.5. GIVAUDAN

8.5.1. Operating business segments
8.5.2. Business performance
8.5.3. Key strategic moves and developments

8.6. JONES-HAMILTON CO.

8.6.1. Operating business segments
8.6.2. Business performance
8.6.3. Key strategic moves and developments

8.7. DSM

8.7.1. Operating business segments
8.7.2. Business performance
8.7.3. Key strategic moves and developments

8.8. DIANA GROUP

8.8.1. Operating business segments
8.8.2. Business performance
8.8.3. Key strategic moves and developments

8.9. BROLITE PRODUCTS CO. INC.

8.9.1. Operating business segments
8.9.2. Business performance
8.9.3. Key strategic moves and developments

8.10. CAREMOLI GROUP

8.10.1. Operating business segments
8.10.2. Business performance
8.10.3. Key strategic moves and developments

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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