Hydrolyzed Plant Protein Market 2020: Top Companies Analysis, Share, Current Trends, Segmentation and Forecast to 2025
Hydrolyzed plant protein market is valued at USD 171.80 Billion in 2018 and expected to reach USD 252.81 Billion by 2025 with the CAGR of 4.97% over the forecast period.
Increasing demand for protein- rich natural ingredients and clean-labeled
food products coupled with rapidly changing lifestyle and increasing disposable
income of the people leads to rise in demand for consumption of hydrolyzed
plant protein are some important factors driving the growth of hydrolyzed plant
protein.
Hydrolyzed plant protein is a mixture which contains amino acids
and other substances such as salt and amino acid. It is a flavoring product
used in processed foods. It is produced by boiling foods such as maize, soy,
and wheat in hydrochloric acid and neutralizing in sodium hydroxide and the
by-product obtain from this process is hydrolyzed protein. Hydrolytic processes
can be done by two methods such as acidic hydrolysis and enzymatic hydrolysis.
The acidic hydrolysate is usually dark-brown in color and has a strong savory
flavor, whereas the enzymatic hydrolysate usually is lighter in color and has a
much less-pronounced meaty or savory flavor. Hydrolyzed plant protein products
are used to round off the taste of soups, sauces, meat products, snacks and in
ready-to-eat food products. The flavor of the hydrolyzed plant protein is in
general due to the content of free amino acids, smaller peptides, salt, and
various volatile compounds. Liquid hydrolyzed plant protein contains 55% water,
16% salt, 25% organic substances, 20% protein. Hydrolyzed plant protein has
water and fat holding capacity which is crucial for determining texture
properties of food products such as juiciness, mouthfeel and tenderness as well
as it allows foam formation and stability which helps in preparation of foam,
cakes and bread.
Hydrolyzed Plant Protein Manufacturers:
Global hydrolyzed plant protein market reports cover prominent
players
Griffith Laboratories, Ajinomoto Co., Inc., Kerry Group plc, Tate
& Lyle plc
Givaudan, Jones-Hamilton Co., DSM, Diana Group, Brolite Products
Co. Inc., Caremoli Group, Titan biotech limited
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Hydrolyzed plant protein is segmented on the basis of source,
form, application, region and country. On the basis of source hydrolyzed plant
protein is segmented into maize, pea, soy, wheat and others. Based on form
hydrolyzed plant protein is classified into powder and liquid form. On the
basis of application hydrolyzed plant protein is segmented into food &
beverage, cosmetic & personal care, pharmaceutical and others.
The regions covered in global hydrolyzed plant protein market
report are North America, Europe, Asia-Pacific and Rest of the World. On the
basis of country level, Global hydrolyzed plant protein market sub divided in
U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South
East Asia, GCC, Africa, etc.
Hydrolyzed plant protein Market Dynamics-
The key factor for the growth of the hydrolyzed plant protein is
increasing demand in food & beverage industry since it is a key ingredient
to enhance flavour in sauces, soup, snacks and ready-to-eat food products.
Increasing awareness about protein-rich natural ingredients among health
conscious people driving the growth of hydrolyzed plant protein market.
Furthermore rapidly changing lifestyle and increasing disposable income of
people coupled with rising demand for clan-labeled food drives the hydrolyzed
plant protein market. International organization of flavor industry recommended
hydrolyzed plant protein as safe flavor. However, one of the factors which
restrict the growth of hydrolyzed plant protein is some regulations set by
regulatory bodies affect import of hydrolyzed plant protein as well as
existence of monosodium glutamate (MSG) in hydrolyzed plant protein affect
health of consumers such as chest pain, nausea, headache, facial pressure or
tightness, heart palpitations, weakness, burning in the face & neck,
numbness, sweating, and others. Moreover, innovation in new product form of
hydrolyzed plant protein may create huge opportunity for hydrolyzed plant
protein market.
Hydrolyzed plant protein Market Segmentation –
By Source Type: Maize, Pea, Soy, Wheat, Others
By Form Type: Powder, Liquid
By Application: Food & beverage, Cosmetic & personal care,
Pharmaceutical
Hydrolyzed plant protein Regional Analysis-
Asia-Pacific is expected to dominate the growth of hydrolyzed
plant protein market due to increasing population in countries such as India,
china leading to increases demand for nutritious food in this region. In
addition increasing investment in food & beverage industry in this region
driving the growth of hydrolyzed plant protein market.
North America is projected to grow at faster pace due to
increasing awareness about hydrolyzed plant protein and rising disposable
income of people drives the hydrolyzed plant protein market in this region.
Europe is also anticipated to grow as consumers are shifting
towards veganism and protein-rich food products. Furthermore, rising
consumption of dry hydrolyzed plant protein by athletes as nutritional source
in this region is expected to drive hydrolyzed plant protein market.
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