Global Hydrolyzed Vegetable Proteins Market Size & Outlook
Global hydrolyzed vegetable proteins market, 2017-2030 (US$M)
Related Markets
Global hydrolyzed vegetable proteins market highlights
- The global hydrolyzed vegetable proteins market generated a revenue of USD 1,501.0 million in 2022 and is expected to reach USD 2,300.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.5% by 2030.
- In terms of segment, soy accounted for a revenue of USD 729.5 million in 2022.
- Corn is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 1,501.0 million |
| Market revenue in 2030 | USD 2,300.0 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Corn |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Wheat, Corn, Pea |
Other key industry trends
- In terms of revenue, the North America accounted for 38.1% of the global hydrolyzed vegetable proteins market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 23.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hydrolyzed Vegetable Proteins Market Scope
Hydrolyzed Vegetable Proteins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hydrolyzed vegetable proteins market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrolyzed vegetable proteins market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 48.6% in 2022. Horizon Databook has segmented the Global hydrolyzed vegetable proteins market based on soy, wheat, corn, pea covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Hydrolyzed Vegetable Proteins Source Outlook (Revenue, USD Million, 2017-2030)
- Soy
- Wheat
- Corn
- Pea
- Others
- Global Hydrolyzed Vegetable Proteins Function Outlook (Revenue, USD Million, 2017-2030)
- Flavoring Agent
- Emulsifying Agent
- Others
- Global Hydrolyzed Vegetable Proteins Application Outlook (Revenue, USD Million, 2017-2030)
- Bakery & Confectionary
- Processed Food Products
- Meat Substitutes
- Beverages
- Others
Reasons to subscribe to Global hydrolyzed vegetable proteins market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global hydrolyzed vegetable proteins market databook
-
Our clientele includes a mix of hydrolyzed vegetable proteins market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global hydrolyzed vegetable proteins market , including forecasts for subscribers. This global databook contains high-level insights into Global hydrolyzed vegetable proteins market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global hydrolyzed vegetable proteins market size, by regions, 2017-2030 (US$M)
Top 10 countries: Hydrolyzed vegetable proteins market size, 2022 (US$M)
Global hydrolyzed vegetable proteins market share, by source, 2022 & 2030 (%, US$M)
Hydrolyzed vegetable proteins market: Opportunity assessment by country
Global hydrolyzed vegetable proteins market, by region, 2022 (US$M)
| Source | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 445.6 | 468.0 | 491.7 | 516.8 | 543.3 | 571.5 | 599.7 | 629.5 | 661.1 | 694.6 | 730.1 | 767.7 | 807.6 | 850.0 | 5.1% |
| Europe | 356.4 | 374.6 | 393.9 | 414.4 | 436.1 | 459.1 | 483.5 | 509.3 | 536.9 | 566.1 | 597.2 | 630.2 | 665.3 | 702.8 | 5.5% |
| Asia Pacific | 237.2 | 252.2 | 268.3 | 285.5 | 304.0 | 323.9 | 345.1 | 367.9 | 392.5 | 418.8 | 447.0 | 477.5 | 510.2 | 545.4 | 6.7% |
| Latin America | 79.6 | 82.8 | 86.1 | 89.6 | 93.3 | 97.2 | 101.3 | 105.6 | 110.1 | 114.9 | 119.9 | 125.2 | 130.8 | 136.7 | 4.4% |
| MEA | 42.0 | 43.4 | 44.8 | 46.2 | 47.7 | 49.4 | 51.0 | 52.8 | 54.6 | 56.5 | 58.5 | 60.6 | 62.8 | 65.1 | 3.5% |
| Overall | 1,160.8 | 1,220.9 | 1,284.7 | 1,352.5 | 1,424.4 | 1,501.0 | 1,580.5 | 1,665.0 | 1,755.2 | 1,850.9 | 1,952.7 | 2,061.2 | 2,176.8 | 2,300.0 | 5.5% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
