Hydrolyzed Corn Protein Market 2021 Development Status, Competition Analysis, Type and Application 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.

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

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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 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)

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End Use:

• Food & Beverage
• Cosmetics & Personal Care
• Pharmaceuticals