Europe Hydrolyzed Vegetable Proteins Market Size & Outlook

The hydrolyzed vegetable proteins market in Europe is expected to reach a projected revenue of US$ 702.8 million by 2030. A compound annual growth rate of 5.5% is expected of Europe hydrolyzed vegetable proteins market from 2023 to 2030.
Revenue, 2022 (US$M)
$459.1
Forecast, 2030 (US$M)
$702.8
CAGR, 2023 - 2030
5.5%
Report Coverage
Europe

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Europe hydrolyzed vegetable proteins market, 2017-2030 (US$M)

Europe hydrolyzed vegetable proteins market, 2017-2030 (US$M)

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Europe hydrolyzed vegetable proteins market highlights

  • The Europe hydrolyzed vegetable proteins market generated a revenue of USD 459.1 million in 2022.
  • The market is expected to grow at a CAGR of 5.5% 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.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 459.1 million
Market revenue in 2030USD 702.8 million
Growth rate5.5% (CAGR from 2022 to 2030)
Largest segmentSoy
Fastest growing segmentCorn
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoy, Wheat, Corn, Pea
Key market players worldwideAjinomoto 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, Europe region accounted for 30.6% of the global hydrolyzed vegetable proteins market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 545.4 million by 2030.

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Hydrolyzed Vegetable Proteins Market Companies

Name Profile # Employees HQ Website
Ajinomoto Co Inc View profile 43318 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 http://www.ajinomoto.co.jp
Cargills Ceylon View profile 5001-10000 Colombo, Western, Sri Lanka, Asia http://www.cargillsceylon.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
Tate & Lyle PLC View profile 4591 5 Marble Arch, London, United Kingdom, W1H 7EJ https://www.tateandlyle.com
Kerry Group PLC Class A View profile 21000 Prince's Street, Tralee, Kerry, Ireland, V92 EH11 https://www.kerry.com
Archer-Daniels Midland Co View profile 41802 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 https://www.adm.com
MGP Ingredients Inc View profile 705 100 Commercial Street, P.O. Box 130, Atchison, KS, United States, 66002 https://www.mgpingredients.com
DSM Firmenich AG View profile 30000 Wurmisweg 576, Kaiseraugst, Switzerland, 4303 https://www.dsm-firmenich.com/corporate/home.html

Europe 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 49.12% in 2022. Horizon Databook has segmented the Europe hydrolyzed vegetable proteins market based on soy, wheat, corn, pea covering the revenue growth of each sub-segment from 2017 to 2030.


  • Europe Hydrolyzed Vegetable Proteins Source Outlook (Revenue, USD Million, 2017-2030)
    • Soy
    • Wheat
    • Corn
    • Pea
    • Others
  • Europe Hydrolyzed Vegetable Proteins Function Outlook (Revenue, USD Million, 2017-2030)
    • Flavoring Agent
    • Emulsifying Agent
    • Others
  • Europe Hydrolyzed Vegetable Proteins Application Outlook (Revenue, USD Million, 2017-2030)
    • Bakery & Confectionary
    • Processed Food Products
    • Meat Substitutes
    • Beverages
    • Others

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hydrolyzed vegetable proteins market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hydrolyzed vegetable proteins market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe hydrolyzed vegetable proteins market size, by country, 2017-2030 (US$M)

Europe Hydrolyzed Vegetable Proteins Market Outlook Share, 2022 & 2030 (US$M)

Europe hydrolyzed vegetable proteins market size, by country, 2017-2030 (US$M)

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