Plant Protein Hydrolysate Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Plant Protein Hydrolysate Market will witness over 5.2% CAGR from 2024 to 2032, driven by increasing consumer awareness about health and wellness. As more individuals turn to plant-based diets for their nutritional benefits, the demand for plant protein hydrolysates, known for their high digestibility and nutritional value, is on the rise. According to a 2023 International Food Information Council survey, 65% of consumers are actively seeking healthier food options supporting this trend.

Additionally, rising dietary restrictions and allergies among consumers have led to a preference for hypoallergenic options like rice protein hydrolysate. Europe's focus on sustainable and nutritious food solutions also contributes to market expansion. Overall, these trends highlight the growing importance of plant-based protein sources in modern nutrition. This trend is further supported by innovations in hydrolysis technology and the growing application scope of plant proteins in various food and beverage products.

The overall Plant Protein Hydrolysate Industry is classified based on the source, form, application, and region.

Rice protein hydrolysate, a prominent segment within the market, is expected to see substantial growth over the forecast period. Rice protein hydrolysate is derived from rice, offering a hypoallergenic, complete protein source that is particularly valuable for individuals with dietary restrictions or allergies. Its high solubility and ease of digestion make it a preferred choice for a wide range of applications, including sports nutrition, dietary supplements, and functional foods.

The liquid form of plant protein hydrolysate could dominate the market. Liquid plant protein hydrolysates are favored for their versatility and ease of incorporation into various products. They are often used in beverages, sauces, and soups due to their solubility and ability to blend seamlessly with other ingredients. The growing popularity of liquid hydrolysates is driven by their convenience and the increasing demand for ready-to-drink nutritional products.

Europe is poised to be a key region for the plant protein hydrolysate market, with anticipated robust growth through 2032. The region's heightened focus on health and nutrition, in line with a strong inclination towards plant-based diets, fuels the demand for plant protein hydrolysates. In addition, Europe's stringent regulatory frameworks and support for sustainable food production further bolster market growth. The presence of leading manufacturers and ongoing research and development initiatives in the region contribute to the expansion of the market.

Product Code: 7510

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising demand for plant-based diets
  - 3.2.1.2 Nutritional and functional benefits
  - 3.2.1.3 Clean label and natural ingredients trend
- 3.2.2 Market challenges
  - 3.2.2.1 High production costs
  - 3.2.2.2 Complex regulatory landscape
- 3.2.3 Market opportunity
  - 3.2.3.1 New opportunities
  - 3.2.3.2 Growth potential analysis
3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
  - 3.3.2.1 Sustainable manufacturing
    - 3.3.2.1.1 Green practices
    - 3.3.2.1.2 Decarbonization
- 3.3.3 Sustainability in raw materials
- 3.3.4 Pricing trends (USD/Ton), 2021 - 2032
  - 3.3.4.1 North America
  - 3.3.4.2 Europe
  - 3.3.4.3 Asia Pacific
  - 3.3.4.4 Latin America
  - 3.3.4.5 Middle East and Africa
3.4 Regulations and market impact
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Size and Forecast, By Source, 2021-2032 (USD Million, Tons)

5.1 Key trends
5.2 Soy protein hydrolysate
5.3 Wheat protein hydrolysate
5.4 Pea protein hydrolysate
5.5 Rice protein hydrolysate
5.6 Hemp protein hydrolysate
5.7 Sunflower protein hydrolysate
5.8 Others

Chapter 6 Market Size and Forecast, By Form, 2021-2032 (USD Million, Tons)

6.1 Key trends
6.2 Liquid
6.3 Powder

Chapter 7 Market Size and Forecast, By Application, 2021-2032 (USD Million, Tons)

7.1 Key trends
7.2 Food and beverages
7.3 Nutritional supplements
7.4 Animal feed
7.5 Others

Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Million, Tons)

8.1 Key trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 Archer Daniels Midland Company (ADM)
9.2 Kerry Group plc
9.3 DuPont
9.4 Ingredion Incorporated
9.5 Cargill
9.6 Evonik Industries AG
9.7 Koninklijke DSM N.V.
9.8 Glanbia plc
9.9 Tate and Lyle plc
9.10 Bunge Limited
9.11 Roquette Freres
9.12 Brenntag AG
9.13 Associated British Foods plc
9.14 Novozymes A/S
9.15 Givaudan