Plant Protein Hydrolysate Market Size - By Source (Soy Protein Hydrolysate, Wheat Protein Hydrolysate, Pea Protein Hydrolysate, Rice Protein Hydrolysate, Hemp Protein Hydrolysate, Sunflower Protein Hydrolysate), Form, Application & Forecast, 2023 – 2032

Plant Protein Hydrolysate Market Size

Plant Protein Hydrolysate Market size was valued at USD 2.13 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. Plant protein hydrolysates are derived from various plant sources such as soy, pea, wheat, and others, undergoing a hydrolysis process that breaks down proteins into smaller, more easily digestible peptides. This results in a protein-rich product with improved bioavailability and functionality. The demand for plant protein hydrolysates is driven by the rising awareness of their nutritional benefits, including high protein content, amino acid profiles, and allergen-free characteristics compared to traditional animal-based proteins.
 

A key driver for market expansion is the increasing adoption of plant protein hydrolysates in the food and beverage industry, where they are utilized in products like protein bars, beverages, and nutritional supplements. Additionally, the pharmaceutical and cosmetic industries are incorporating plant protein hydrolysates for their applications in skincare formulations and medical nutrition. The plant protein hydrolysates market growth is also fueled by the emphasis on sustainable and environmentally friendly practices, aligning with global efforts to reduce the ecological footprint of food production.
 

One significant challenge is the taste and flavor profile of plant protein hydrolysates, which can be perceived as bitter or unpleasant by consumers. Overcoming sensory issues and achieving a taste profile comparable to traditional animal-based proteins is crucial for market success. Another hurdle lies in the cost of production, as the manufacturing processes for plant protein hydrolysates can be more complex and resource-intensive compared to conventional protein sources. This cost factor may limit the affordability of plant protein hydrolysate products for some consumers, hindering their mass appeal.
 

COVID-19 Impact

The COVID-19 pandemic has had a mixed impact on the plant protein hydrolysate market. On one hand, the increased focus on health and wellness during the pandemic has driven consumer interest in plant-based and functional food products, including those containing plant protein hydrolysates. The growing awareness of the importance of a strong immune system has led to an uptick in demand for nutritional supplements, where plant protein hydrolysates find applications.
 

Additionally, the pandemic has accelerated the shift towards sustainable and eco-friendly choices, aligning with the market's emphasis on plant-derived proteins. However, the plant protein hydrolysate industry has not been immune to the broader challenges posed by the pandemic. Disruptions in the global supply chain, logistics, and transportation have impacted the production and distribution of these products. The closure of foodservice establishments and disruptions in retail channels during lockdowns have also affected market accessibility.
 

Plant Protein Hydrolysate Market Trends

A prominent trend is the increasing demand for clean-label and minimally processed products, driving manufacturers to develop plant protein hydrolysates with fewer additives and preservatives. As health and wellness become integral to consumer choices, there is a growing emphasis on products that offer not only high protein content but also a favorable nutritional profile, including essential amino acids and bioactive peptides. Another significant trend is the expansion of plant protein hydrolysates into diverse applications beyond traditional food and beverage sectors.
 

The cosmetic and personal care industry is incorporating these hydrolysates for their skin-rejuvenating properties, capitalizing on the proteins' potential to enhance collagen production and promote overall skin health. Additionally, the sports nutrition segment is increasingly utilizing plant protein hydrolysates to cater to the demand for quick and easily digestible protein sources among fitness enthusiasts.
 

Plant Protein Hydrolysate Market Analysis

Based on source, the soy protein hydrolysate segment dominated around USD 864.8 million revenue in 2022, owing to its widespread use and acceptance in the food and beverage industry. Its rich amino acid profile and versatile applications make it a preferred choice for many manufacturers. Wheat protein hydrolysate follows closely, with its gluten-free variants gaining traction among consumers with dietary restrictions.
 

Based on form, the powder form segment accounted for 51.55% of the plant protein hydrolysates market share in 2022. The powder form provides convenience in storage, transportation, and handling, making it a preferred choice for a wide range of food applications, including bakery products, snacks, and dietary supplements. The powdered form also allows for precise dosing in formulations, offering manufacturers greater control over the protein content in their products.
 

Based on application, the plant protein hydrolysate market from food and beverage industry will gain remarkable momentum during the forecast timeline. Food & Beverages represent a significant share, as plant protein hydrolysates find extensive use in product formulations, including protein bars, beverages, dairy alternatives, and plant-based meat substitutes. The demand is propelled by the growing consumer preference for healthier and sustainable food options, driving innovation in plant-based protein sources.
 

North American plant protein hydrolysate market size held over USD 738.8 million in 2022, driven by the United States and Canada, where consumers are actively seeking plant-derived protein alternatives in response to health and environmental considerations. The demand for plant protein hydrolysates in North America is particularly pronounced in the Food & Beverages segment, with a surge in plant-based product launches, including meat substitutes, dairy alternatives, and nutritional beverages.
 

Plant Protein Hydrolysate Market Share

Some of the major companies operating in the plant protein hydrolysate industry are:

• Archer Daniels Midland Company (ADM)
• Kerry Group plc
• DuPont
• Ingredion Incorporated
• Cargill
• Evonik Industries AG
• Koninklijke DSM N.V.
• Glanbia plc
• Tate & Lyle plc
• Bunge Limited
• Roquette Frères
• Brenntag AG
• Associated British Foods plc
• Novozymes A/S
• Givaudan

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Archer Daniel Midland Company, Kerry Group, Glanbia are some of the major players. Kerry Group is an Irish multinational food ingredients and flavours company. The company's protein hydrolysate products are used in a variety of food and beverage applications, including sports nutrition, clinical nutrition, and pet food. Kerry Group's protein hydrolysate products are known for their high quality and functionality, and they are used by some of the world's leading food and beverage companies.
 

Plant Protein Hydrolysate Industry News

• In August 2019, Parabel unveiled a groundbreaking innovation in the realm of plant-based foods with its pure protein hydrolysate. This product serves as an allergen-free alternative to current plant proteins like soy or pea, boasting a composition of 65-70% hydrolyzed protein. Notably versatile, it offers high functionality and is well-suited for incorporation into meat analogs.
   

The plant protein hydrolysate market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments:

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Market, By Source

• Soy Protein Hydrolysate
• Wheat Protein Hydrolysate
• Pea Protein Hydrolysate
• Rice Protein Hydrolysate
• Hemp Protein Hydrolysate
• Sunflower Protein Hydrolysate
• Others

Market, By Form

• Liquid
• Powder

Market, By Application

• Food & Beverages
• Nutritional Supplements
• Animal Feed
• Other

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt