Enjoy complimentary customisation on priority with our Enterprise License!
The hydrolyzed corn protein market size is forecast to increase by USD 22.33 million, at a CAGR of 3.5% between 2023 and 2028. The market is experiencing significant growth due to the rising demand for protein-based diets, particularly in the food and beverage industry. This trend is driven by increasing health consciousness among consumers, leading them to opt for high-protein foods. Additionally, the animal feed industry is another major market for hydrolyzed corn protein, as it serves as an effective alternative to soy-based protein sources. However, market companies face challenges in managing the production process due to the complex nature of hydrolysis, which requires precise temperature and pH control. Furthermore, ensuring consistent product quality and meeting regulatory requirements add to the operational challenges. Despite these challenges, the market is expected to grow steadily due to the increasing demand for protein-rich food and feed products.
Hydrolyzed corn protein is a popular plant-based ingredient in various industries, including health and wellness, food, and cosmetics. Its growing usage can be attributed to the increasing trend towards natural, plant-based products in the market. This versatile ingredient is halal and kosher certified, making it suitable for a wide range of consumers. In the health and wellness sector, this is valued for its vegan, gluten-free, and clean-label properties. In food applications, it serves as a flavor enhancer and source of essential amino acids, making it an ideal ingredient for bakeries, processed food, and fermented food. In the cosmetics industry, this is used as a functional ingredient due to its peptides and amino acid content. The vegan trend and health consciousness have led to a rise in demand for plant-based protein sources, making them a valuable ingredient in plant-based meat substitutes. Overall, the nutritional benefits and versatility make it a sought-after ingredient in various industries.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The dry powder segment is estimated to grow significantly during the forecast period. The global market encompasses a wide range of dry powder variations, each specifically designed to cater to various industry needs. Hydrolyzed Corn Protein Concentrate, characterized by its high amino acid and peptide content due to increased protein concentration through hydrolysis, is a valuable nutritional source. This concentrate is extensively used in sports nutrition, dietary supplements, and animal feed. Further processing of hydrolyzed corn protein results in isolates and purified proteins, offering heightened purity levels suitable for specialized food production, infant formulas, and clean-label products. Hydrolyzed Corn Protein Powder Blends combine hydrolyzed corn protein with various additives or other proteins, providing customizable solutions for specific functional or nutritional requirements.
Furthermore, in the health and wellness sector, hydrolyzed corn protein's natural, plant-based, halal, kosher, vegan, and gluten-free attributes make it a popular choice. Its applications extend to bakeries, processed foods, and fermented foods, enhancing nutritional value and flavor with umami undertones. In the cosmetics industry, they serves as an antistatic agent, hair conditioning, and skin conditioning ingredient. The vegan trend and growing health consciousness have fueled the demand for cleaner ingredients in food and cosmetics, further boosting the market's growth. Their functional food applications include weight management, heart disease prevention, and diabetes prevention, making it a versatile ingredient in the food industry.
Moreover, hydrolyzed corn protein's peptides and amino acids act as flavor enhancers in food products, while its applications in animal feed contribute to improved animal health and productivity. In the cosmetics industry, hydrolyzed corn protein's role extends to functional foods as a clean-label alternative to synthetic additives and toxic ingredients like MSG. The market's growth is expected to continue as consumers increasingly seek natural, healthier, and functional food and cosmetic options.
Get a glance at the market share of various segments Request Free Sample
The dry powder segment was valued at USD 67.40 million in 2018 and showed a gradual increase during the forecast period.
Europe is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
The European market is experiencing significant growth due to the increasing demand for plant-based protein sources and clean-label ingredients in food and beverages. The market's key applications include food and beverages, nutritional supplements, and animal feed. Allergenic reactions to traditional protein sources have led to a rise in demand for hydrolyzed corn protein, which is free from common allergens. Raw material costs and eco-friendly production methods are critical factors influencing market dynamics. The production process is eco-friendly as it utilizes renewable resources and generates minimal waste. Additionally, its moisturizing benefits make it an attractive alternative to animal-derived proteins in various food applications.
Furthermore, the market's growth is also driven by the nutritional value of hydrolyzed corn protein, which contains essential amino acids and is suitable for protein-rich diets, vegan diets, gluten-free products, and low-carb baked goods. Its versatility as a functional ingredient, flavor enhancer, and source of protein has amplified its adoption across various categories, including sports nutrition, nutraceutical formulations, infant formula, medical nutrition, processed foods, and meat analogs. The market's growth is, however, challenged by the increasing costs of raw materials and manufacturing, which have been exacerbated by the European economic crisis. Despite these challenges, the market's future looks promising, with the increasing popularity of plant-based protein sources and the growing demand for clean-label and natural ingredients. Hydrolyzed corn protein's molecular weight, viscosity, pH stability, and protein content make it an ideal ingredient for various applications. Its use as a protein source in food-grade and animal feed-grade products has expanded its market reach, with potential applications in the production of functional food and beverages, protein bars, baked goods, and meat alternatives. Overall, the European market is expected to continue its strong growth in the coming years.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising demand for protein-based diets is the key driver of the market. The global market for hydrolyzed corn protein is experiencing significant growth due to the rising health and wellness trend and the increasing preference for plant-based products. This natural, vegan-friendly, gluten-free, halal, and kosher ingredient is gaining popularity as a cleaner alternative to toxic ingredients such as monosodium glutamate (MSG) in processed foods. Hydrolyzed corn protein is used as a functional food ingredient in various applications, including bakeries, processed food, fermented food, cosmetics, and animal feed. As a source of peptides and amino acids, hydrolyzed corn protein offers numerous health benefits, such as weight management, heart disease prevention, and diabetes prevention.
Furthermore, its umami flavors make it an excellent flavor enhancer in food products, while its antistatic properties make it an effective ingredient in cosmetics for hair conditioning and skin conditioning. The vegan trend and the growing health consciousness among consumers are driving the demand for hydrolyzed corn protein isolates and concentrates as clean-label products in the functional foods industry.
The increasing focus on the animal feed industry is the upcoming trend in the market. The global market is witnessing growing demand due to its application in various sectors, particularly in health and wellness, food and beverage, and animal feed industries. Hydrolyzed corn protein is a natural, plant-based alternative to animal-derived proteins, making it suitable for consumers following vegan, halal, kosher, and gluten-free diets. In the food industry, it is used as an isolate or concentrate in processed foods, bakeries, and fermented food products as a flavor enhancer and functional ingredient. Hydrolyzed corn protein peptides and amino acids offer health benefits such as weight management, heart disease prevention, and diabetes prevention. In the cosmetics industry, it functions as an antistatic agent, hair conditioning, and skin conditioning agent.
Furthermore, the increasing vegan trend and health consciousness among consumers have led to the demand for cleaner ingredients and clean-label products. Hydrolyzed corn protein is free from toxic ingredients like MSG and offers umami flavors, making it a popular choice for functional foods. Its versatility and nutritional value make it a valuable addition to various industries, including food products, animal feed, and cosmetics.
The management challenges faced by market companies is a key challenge affecting the market growth. Hydrolyzed corn protein, derived from natural sources, is gaining popularity in various industries due to its health benefits and versatility. This plant-based ingredient is halal, kosher, vegan, and gluten-free, making it an ideal choice for consumers following specific dietary preferences. In the health and wellness sector, hydrolyzed corn protein is used as a cleaner alternative to toxic ingredients like MSG in processed foods, bakeries, and fermented food. It is also utilized in cosmetics for hair conditioning and skin conditioning properties. The vegan trend is driving the demand for hydrolyzed corn protein in the food industry, as it is rich in peptides and amino acids, providing umami flavors and functional food benefits.
Moreover, manufacturers are focusing on producing hydrolyzed corn protein isolates and concentrates to cater to the growing demand for cleaner label products. In the animal feed industry, hydrolyzed corn protein is used as a functional food for weight management, heart disease prevention, and diabetes prevention. Retail stores, such as supermarkets and large chains of discount or convenience stores, are crucial distribution channels for hydrolyzed corn protein products. However, manufacturers face challenges in meeting the retailers' demands for lower prices and smaller, more frequent deliveries to reduce warehousing costs. Additionally, retailers are increasingly requesting innovative merchandising units, such as movable shelves, to minimize replenishment costs. Overall, the market for hydrolyzed corn protein is expected to grow significantly due to its health benefits, versatility, and consumer preference for cleaner, plant-based ingredients.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ATAMAN Kimya AS: The company offers hydrolyzed corn protein used in food and beverages, cosmetics, pharmaceuticals, animal feed, and industrial applications.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Hydrolyzed corn protein is a popular plant-based ingredient in various industries, including health and wellness, food, and cosmetics. Its natural, vegan, gluten-free, halal, and kosher properties make it an ideal choice for consumers seeking cleaner, nutritional food options. In the health and wellness sector, hydrolyzed corn protein is used as a functional food and a weight management aid.
Furthermore, in the food industry, it serves as a flavor enhancer, particularly in processed foods, bakeries, and fermented food, providing umami flavors and acting as an antistatic agent. In cosmetics, it functions as a hair conditioning and skin conditioning agent. Hydrolyzed corn protein is rich in peptides and amino acids, offering health benefits such as heart disease prevention and diabetes prevention. As the vegan trend continues to grow, hydrolyzed corn protein isolates and concentrates are increasingly used as alternatives to toxic ingredients like monosodium glutamate (MSG) in various applications.
Market Scope |
|
Report Coverage |
Details |
Page number |
151 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.5% |
Market Growth 2024-2028 |
USD 22.33 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
2.86 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 37% |
Key countries |
US, Canada, China, UK, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AKOLA CHEMICALS Ltd., Archer Daniels Midland Co., ATAMAN Kimya AS, Azelis SA, Ingredion Inc., James Wild Herbs, Jeecon Foods Pvt. Ltd., Jeevan Biotech, Kavya Pharma, New Alliance Dye Chem Pvt. Ltd., Parchem Fine and Specialty Chemicals Inc., Roquette Freres SA, Suboneyo Chemicals Pharmaceuticals, Tag Ingredients India Pvt. Ltd., Tate and Lyle PLC, Tereos Participations, Titan Biotech Ltd., Xian Gaoyuan Bio Chem Co. Ltd., and Crescent Biotech |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.