Plant Protein Hydrolysate Market Analysis

Plant Protein Hydrolysate Market Analysis

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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.