Market players are focusing on capacity expansion to attain a competitive edge.
DUBAI, UAE / ACCESSWIRE / February 9, 2021 / Future Market Insights: FMI states in its recent study on the hydrolysed vegetable protein that the market will record a CAGR of 5.3% through 2031. Demand for hydrolysed vegetable protein is anticipated to continue surging particularly due to the rising health awareness of consumers all around the world.
"Manufacturers are providing more options in the hydrolysed vegetable proteins market in recent times in comparison to meat products, which is attracting millennial and Gen Z consumers." says the FMI analyst.
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Hydrolysed vegetable protein Market - Important Highlights
- According to product type, soy protein is expected to lead the market during the forecast period.
- Granules form of hydrolyzed vegetable protein is anticipated to have the major share due to its wide usage
- North America led by the US is estimated to remain the most lucrative market through the course of the projected period due to rising health concerns among the consumers
- Germany is anticipated to lead the European market for the hydrolyzed vegetable protein market during the projected years due to the presence of strong market players.
Hydrolysed vegetable protein Market - Drivers
- Rising health issues regarding cardiovascular diseases among adults all over the world are creating the need for foods that aid in lowering cholesterol, thereby driving the growth of the market.
- Changing lifestyle, hectic working schedules, and urbanization is expected to boost the market growth.
- Increasing preference towards vegan products made from natural ingredients is boosting demand for hydrolyzed vegetable protein.
- Increasing awareness among the masses regarding their health and wellbeing is contributing to the growth of the market.
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Hydrolysed vegetable protein Market - Restraints
- increasing consumer awareness regarding the bad effects related to savory ingredients is one of the key market restraints.
- One of the major hindrances for the market is the stringent regulations set by governing bodies such as the European Union and FDA has affected the importers of hydrolyzed vegetable protein the most.
COVID-19 Impact on hydrolysed vegetable protein Market
Globally, the pandemic has provided a boost to the plant-based protein industry. This report shows how coronavirus disease has had an overwhelming impact on people with major health conditions like diabetes, hypertension, and heart disease. The plant protein-based eating regimen can help diminish the impacts of the virus on at-risk individuals, owing to the presence of an abundance number of macronutrients, micronutrients, and cancer prevention agents.
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Table Of Content
1. Executive Summary
2. Market Overview
3. Market Background
4. Value Chain Analysis
5. Market Dynamics
6. Global Hydrolysed Vegetable Protein Market Demand Analysis 2015-2019 and Forecast, 2020-2030
7. Global Hydrolysed Vegetable Protein Market - Pricing Analysis
8. Global Hydrolysed Vegetable Protein Market Analysis 2015-2019 and Forecast 2020-2030, By Product Type
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About the Study
The study offers readers a comprehensive assessment of the hydrolysed vegetable protein market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of product type (Soy Protein, Wheat Protein, Pea Protein, Rice Protein, Chia Protein, Flax Protein, Corn protein),application(food and beverages, dietary supplements, pharmaceutical, personal care and others) and across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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Report: https://www.futuremarketinsights.com/reports/hydrolysed-vegetable-protein-market
Press Release Source: https://www.futuremarketinsights.com/press-release/hydrolysed-vegetable-protein-market
SOURCE: Future Market Insights
View source version on accesswire.com:
https://www.accesswire.com/628594/How-Advancements-in-Healthcare-Segment-is-Spurring-Growth-of-Hydrolysed-Vegetable-Protein-Market-Future-Market-Insights-Report-Analyses
