Hydrolyzed Vegetable Protein Market Revenue to Attain USD 5.13 Bn by 2033

10 Sep 2025

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Table of Content

1. Hydrolyzed Vegetable Protein Market Revenue and Trends 2025 to 2033 2. Key Factors Driving the Hydrolyzed Vegetable Protein Market 3. Segmental Analysis 4. Regional Analysis 5. Hydrolyzed Vegetable Protein Market Coverage 6. Hydrolyzed Vegetable Protein Market Key Players

Hydrolyzed Vegetable Protein Market Revenue and Trends 2025 to 2033

The global hydrolyzed vegetable protein market revenue surpassed USD 3.65 billion in 2025 and is predicted to attain around USD 5.13 billion by 2033, growing at a CAGR of 4.35%. The hydrolyzed vegetable protein market is witnessing steady expansion, driven by rising demand for natural flavors and plant-based ingredients.

Key Factors Driving the Hydrolyzed Vegetable Protein Market

The hydrolyzed vegetable protein market is experiencing robust growth because of shifting consumer preferences towards natural flavor enhancers for packaged and processed food. Consumers increasingly want to see clean-label ingredients and plant ingredients that provide a strong umami taste while also aligning with their health and sustainability interests.

The growth of vegan and vegetarian populations also supports faster adoption of HVP, an adaptable source of protein for snacks, soups, sauces, and seasonings. The huge growth in the convenience food market and global aligned interest toward plant-derived protein alternatives also support growth and expansion.

Segmental Analysis

• By Source Insights: The soy segment held the highest market share in part due to the widespread availability of soy. It is also a rich source of amino acids and a natural component in a range of processed foods.
• By Process Insights: Acid hydrolysis had the leading market share, with potential for because of cost-effectiveness, scale to produce copious amounts of flavor enhancing protein ingredients.
• By Application Insights: food and beverages had the highest market by application due to increasing consumption of protein-based additives and natural flavoring agents across the globe.
• By Distribution Channel Insights: by distribution channel, business-to-business (B2B) sales had a stronghold on the market share, particularly from demand at large manufacturers and wholesale bulk ingredient suppliers.

Regional Analysis

The hydrolyzed vegetable protein market is dominated by the Asia Pacific region, where demand from the food and beverage market, increasing numbers of plant-based consumers, and rising consumption of savory snacks and processed foods all serve as key drivers. Significant contributions are made by expanding food industries in countries such as China, India and Japan, where there is increasing consumer preference for protein-rich ingredients.

Rapid growth is being experienced in North America due to the high adoption of clean-label products and plant-based products, growing awareness of health and nutrition, and an increasing number of vegans. The U.S. is of prime importance, with food manufacturers incorporating hydrolyzed vegetable proteins into soups, sauces and meat alternatives and spurred by continuous innovations in flavor enhancement and protein fortification.

Hydrolyzed Vegetable Protein Market Coverage

Recent Developments

• In May 2024, Roquette introduced four newly multi-functional Nutralys pea proteins Pea F853M, H85, T Pea 700FL, T Pea 700M providing taste, texture and formulation creative possibilities to plant-based foods. (Source: https://www.foodbusinessnews.net)

Hydrolyzed Vegetable Protein Market Key Players

• Kerry Group plc 
• Ajinomoto Co., Inc. 
• Tate & Lyle PLC 
• DSM-Firmenich AG 
• Archer Daniels Midland Company (ADM) 
• Cargill, Incorporated 
• Givaudan SA 
• Symrise AG 
• Sensient Technologies Corporation 
• Ingredion Incorporated 
• CHS Inc. 
• Exter B.V. 
• Prinova Group LLC 
• Titan Biotech Ltd. 
• Agropur Cooperative 

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