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The hydrolyzed vegetable proteins market (5) increased from $1.53 billion in 2023 to $1.64 billion in 2024, with a CAGR of 7.6%, driven by demand for plant-based proteins. Expectations anticipate growth to $2.21 billion by 2028, with a CAGR of 7.6%, led by health consciousness. Trends include food tech advancements and cosmetics expansion.

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What Are The Key Trends That Influence Hydrolyzed Vegetable Proteins Market Share Analysis?
Product innovations are driving growth in the hydrolyzed vegetable protein market. Major players in this market are focused on innovating new products to maintain their market position. For instance, in November 2022, Crespel & Deiters GmbH & Co. KG, a Germany-based company specializing in wheat protein, launched Lory Tex, a textured wheat protein. Lory Tex’s texture-enhancing wheat proteins are used to create vegetarian and vegan meat and fish substitutes that are flavorful, nutritious, and visually appealing. With its meat-like texture, wheat texturate plays a crucial role in balanced diets and serves as the foundation for innovative culinary creations and future-oriented food innovations.

Which Market Players Are Driving Growth In The Hydrolyzed Vegetable Proteins Market?
Major companies operating in the hydrolyzed vegetable proteins  market report are Cargill Inc., Archer Daniels Midland Company, Caremoli SPA, Jones-Hamilton Co., Ajinomoto Co. Inc., Kerry Group plc., Symrise AG, Koninklijke DSM N.V., Givaudan SA, Tate And Lyle plc., Sensient Technologies Corporation, Griffith Foods Inc., Sun Impex International Foods LLC, Aipu Food Industry Co. Ltd., Exter, Titan Biotech Limited, Chaitanya Biologicals Pvt. Ltd, Aarkay Food Products Ltd., Nactis Flavours, Caremoli Dien Inc., New Alliance Dye Chem Pvt. Ltd., Dien Inc., Shanghai Bichain Industrial Chemical Co. Ltd., Astron Chemicals S.A., Henan Hengernuo Biotechnology Co. Ltd., PMV Nutrient Products Pvt. Ltd., Shandong Jianyuan Group Co. Ltd.

How Is The Global Hydrolyzed Vegetable Proteins Market Segmented?
The hydrolyzed vegetable proteins market covered in this report is segmented –
1) By Source: Soy, Wheat, Corn, Pea, Other Sources
2) By Form: Dry Powder, Liquid
3) By Function: Flavoring Agent, Emulsifying Agent, Other Functions
4) By Application: Bakery And Confectionary, Processed Food Products, Meat Substitutes, Beverages, Other Applications

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The Hydrolyzed Vegetable Proteins Global Market Report 2024 provides an overview of the hydrolyzed vegetable proteinsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hydrolyzed vegetable proteins market forecast analyzes hydrolyzed vegetable proteins market size, hydrolyzed vegetable proteins market share, leading competitor and their market positions.

The Table Of Content For The Hydrolyzed Vegetable Proteins Market Include
1. Hydrolyzed Vegetable Proteins Market Executive Summary
2. Hydrolyzed Vegetable Proteins Market Segments
3. Hydrolyzed Vegetable Proteins Market Size And Template Market Growth Rate
4.  Key Hydrolyzed Vegetable Proteins Market Trends
5. Major Hydrolyzed Vegetable Proteins Market Drivers
……
25. Key Mergers And Acquisitions In The Hydrolyzed Vegetable Proteins Market
26. Top Hydrolyzed Vegetable Proteins Companies
27. Hydrolyzed Vegetable Proteins Market Opportunities And Strategies
28. Hydrolyzed Vegetable Proteins Market, Conclusions And Recommendations
29. Appendix

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