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Global Hydrolyzed Vegetable Protein Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028

Global Hydrolyzed Vegetable Protein Market Report, Market

Stratistics MRC's Global Hydrolyzed Vegetable Protein Market value is expected to reach $1.86 billion growing at a CAGR of 7.5% during 2023-2030.

Protein that has been processed and comes from plant sources is known as hydrolyzed vegetable protein. Vegetables are treated with a potent acid or base to make them, which dissolves the plant's cell walls and proteins. The outcome is a highly concentrated form of protein that can be added as a food additive. Both manufacturers and consumers can benefit from HVP in a number of ways. It contributes to enhancing the texture and flavor of food products as well as their shelf life and is a cost-effective source of high-quality protein.
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Over the forecast period, Asia Pacific is anticipated to have the highest CAGR. The market is anticipated to grow as a result of the rising demand for nutrient-dense foods and beverages in important Asian nations like China, India, South Korea, Japan, and Australia. Additionally, growth in international trade, rising per capita income in Asia, and expanding populations in the major Asian nations are all predicted to contribute to the Asia Pacific market's expansion.
Some of the key players profiled in the Hydrolyzed Vegetable Protein Market include Ajinomoto Co., Inc., Akola Chemicals Ltd., Archer-Daniels-Midland, Astron Chemicals S.A., Belvita Food Ingredients Pvt. Ltd., Brolite Products Co. Inc., Caremoli SpA, Cargill Inc., Chaitanya Biologicals Private Limited, Diana Group, Dien Inc., DSM, Givaudan SA, Good Food, Inc., Griffith Foods Inc., Jones-Hamilton Co., Kerry Group Plc., Koninklijke DSM NV, McRitz International Corporation, Merck and Co. Inc., Michimoto Foods Products Co. Ltd., New Alliance Dye Chem Pvt. Ltd., Roquette Frères, Shanghai Bichain Industrial Chemical, Sun Impex International Foods Llc, Tate & Lyle PLC, Titan Biotech Ltd. and Unitechem Co. Ltd.
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Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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