Global Hydrolyzed Corn Protein Market By Growth Influencers, By Region, Industry Analysis and Forecast, 2022 – 2031

Hydrolyzed corn protein is the protein obtained by the acidic, alkaline, or enzymatic hydrolysis of corn or maize. This protein is primarily composed of acids, peptides, and proteins. Hydrolysed corn proteins are used mostly for flavouring meat products in combination with hydrolyzed soy protein.

Its main function is to provide umami flavours in processed foods such as meat products, chillies, sauces, soups, spice mixtures, gravies, side dishes, frozen meals, and other food products. The global hydrolyzed protein market is anticipated to expand at a significant growth rate over the forecast period.

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This is mainly due to the growing awareness of plant-based proteins and the growing vegan trends, thereby resulting in shifting consumer preference from animal protein to plant protein. The only substance that could restraint the market’s growth is the availability of alternatives such as isolates and concentrates of corn proteins in the market.

Growing Applications in End Use Segment to Bolster the Market’s Growth Trajectory

Hydrolyzed corn protein serves as a natural, safe, and vegetarian ingredient for food dishes. It displays good solubility in mixtures and good stability towards heat. More importantly, it comes in as an ideal substitute for MSG, an ingredient termed as toxic by food authorities.

Apart from its varied application in the bakery industry, processed foods, fermented foods, and savoury snacks, it has wide scale application in the cosmetics and personal care industry as an antistatic, hair conditioning and skin conditioning agent.

Furthermore, the hydrolyzed corn proteins are available in different certifications such as natural, halal, kosher, vegan, gluten-free, and others. The inclusion of plant based diet on a daily basis can guarantee better weight management, low risk of heart disease, diabetes prevention and treatment, and other health benefits.

These days’ consumers are more concerned about their health and thus are opting for healthier alternatives like plant based foods and plant based proteins in their diet.

Global Hydrolyzed Corn Protein: Key Players

Some of the key players manufacturing hydrolyzed corn protein are as follows –

• ADM
• Tate & Lyle PLC
• Sensient Technologies
• Döhler GmbH
• Exter B.V.
• Cargill, Ingredients Inc.
• Givaudan SA
•  Kerry Group Plc

Opportunities for Global Hydrolyzed Corn Protein Market Participants

Though North America and Europe dominate the global hydrolysed corn protein market by market share, the South Asian and East Asian markets are projected to be front runners in terms of market growth owing to the rising demand for nutritional food ingredients. Prominent Asian countries such as India, Japan, China, and South Korea along with the Oceanic countries of Australia and New Zealand are expected to propel the growth of the market, thereby indicating potential business opportunities for multinational as well as local market players. Furthermore, the growing population, increased international trade activities, and increased per capita income of the Asian consumers is expected add fuel to the business activities in the Asian market. Latin America and MEA region will follow suit showing moderate growth in the near future.

COVID-19 Impact

The COVID-19 pandemic affected the global supply chain on a vast scale. Most of the plant based protein manufacturers are on the mercy of bigger supply chains consisting of soy and pea protein primarily grown for animal feed and oil applications. The plant based protein manufacturers spend a lot capital while procuring the ingredients since they place a small purchase order. The factor restricting them a good purchase price is low production capacity. Once these companies are big enough, the restricting factor would be reversed and optimum use of raw materials would be observed. This, in turn, would create a side stream for other companies, thus expanding the hydrolysed corn protein chain through integration.

The hydrolyzed corn protein market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the hydrolyzed corn protein market, including but not limited to: regional markets, end use, and form.

The Report Covers Exhaustive Analysis on

• Hydrolyzed corn protein market segment
• Hydrolyzed corn protein market dynamics
• Hydrolyzed corn protein market size
• Hydrolyzed corn protein supply and demand
• Current trends/issues/challenges pertaining to hydrolyzed corn protein market
• Competition landscape and emerging market participants in hydrolyzed corn protein market
• Technology related to production/processing of hydrolyzed corn protein
• Value chain analysis of the hydrolyzed corn protein market

Regional Analysis Includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest of Latin America)
• Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

The hydrolyzed corn protein market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the hydrolyzed corn protein market report projects the attractiveness of each major segment over the forecast period.

Global Hydrolyzed Corn Protein: Market Segmentation

End Use:

• Food & Beverage
• Cosmetics & Personal Care
• Pharmaceuticals

Form:

• Powder
• Paste
• Liquid

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Highlights of the Hydrolyzed Corn Protein Market Report

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the hydrolyzed corn protein market
• Recommendations to companies for strengthening their foothold in the hydrolyzed corn protein market

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