China Hydrolyzed Vegetable Proteins Market Size & Outlook
China hydrolyzed vegetable proteins market, 2017-2030 (US$M)
Related Markets
China hydrolyzed vegetable proteins market highlights
- The China hydrolyzed vegetable proteins market generated a revenue of USD 156.8 million in 2022 and is expected to reach USD 263.4 million by 2030.
- The China market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, soy was the largest revenue generating source in 2022.
- Corn is the most lucrative source segment registering the fastest growth during the forecast period.
Hydrolyzed vegetable proteins market data book summary
| Market revenue in 2022 | USD 156.8 million |
| Market revenue in 2030 | USD 263.4 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Corn |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Wheat, Corn, Pea |
| Key market players worldwide | Ajinomoto Co Inc, Kerry Group PLC Class A, Cargills Ceylon, Cargill, DSM Firmenich AG, Tate & Lyle PLC, Archer-Daniels Midland Co, MGP Ingredients Inc |
Other key industry trends
- In terms of revenue, China accounted for 10.4% of the global hydrolyzed vegetable proteins market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hydrolyzed vegetable proteins market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 51.4 million by 2030.
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Hydrolyzed Vegetable Proteins Market Scope
Hydrolyzed Vegetable Proteins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 47.51% in 2022. Horizon Databook has segmented the China hydrolyzed vegetable proteins market based on soy, wheat, corn, pea covering the revenue growth of each sub-segment from 2017 to 2030.
- China Hydrolyzed Vegetable Proteins Source Outlook (Revenue, USD Million, 2017-2030)
- Soy
- Wheat
- Corn
- Pea
- Others
- China Hydrolyzed Vegetable Proteins Function Outlook (Revenue, USD Million, 2017-2030)
- Flavoring Agent
- Emulsifying Agent
- Others
- China Hydrolyzed Vegetable Proteins Application Outlook (Revenue, USD Million, 2017-2030)
- Bakery & Confectionary
- Processed Food Products
- Meat Substitutes
- Beverages
- Others
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Target buyers of China hydrolyzed vegetable proteins market databook
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Our clientele includes a mix of hydrolyzed vegetable proteins market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the China hydrolyzed vegetable proteins market , including forecasts for subscribers. This country databook contains high-level insights into China hydrolyzed vegetable proteins market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China hydrolyzed vegetable proteins market size, by source, 2017-2030 (US$M)
China Hydrolyzed Vegetable Proteins Market Outlook Share, 2022 & 2030 (US$M)
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