Hexane Free Proteins Market Size, Share, Growth Report 2032

The global hexane free proteins market size was worth around USD 130.88 million in 2022 and is predicted to grow to around USD 268.74 million by 2030 with a compound annual growth rate (CAGR) of roughly 9.41% between 2023 and 2030. The rising demand for sustainable and clean-label food components has been a major factor in the massive growth of the Hexane-Free Proteins Market. According to recent research, the market is anticipated to keep growing, with major players making a contribution to the industry's total share.

Request Free Sample

Hexane Free Proteins Market: Overview

The byproduct of the gasoline process is known as hexane. The hexane is used in the process of obtaining edible oils from the seeds and vegetables. According to the Environmental Protection Agency, hexane is an explosive, neurotoxic, synthetic, and a dangerous air pollutant chemical. Hexane is a general processing agent for soy oil, soy meal, and soy food ingredients, which separates the beans into proteins and fats.

Hexane Free Proteins Market: Segmentation

The global market for the hexane free proteins is fragmented into form, product type, application, and end user. On the basis of the product type, the global market is segregated into concentrates, isolates, and flour. On the basis of application, the market is categorized into functional and general applications. The functional segment is sub-segmented into general foods, baking, nutritional supplements, and others. The general segment is sub-categorized into dispersibility, emulsification, and others. On the basis of form, the market is categorized into liquid and dry. On the basis of end-user, the market is divided into energy & sports nutrition, dairy, bakery, beverages, and others.

Request Free Sample

Hexane Free Proteins Market: Growth Factors

The major factors that are driving the hexane free proteins market are the increasing legal restrictions that are implemented by the use of the hexane ingredients in the processed food products, increasing population, rise in the awareness about the health benefits of using hexane free proteins, and growing consumption of the soy proteins by the end users. The other factors that are supporting the growth of the market are the functional properties of hexane free proteins and the increased processed food products shelf life. There are certain factors that will restrain the growth of the hexane free proteins market which include the lack of awareness about the harmful effects of consuming hexane, no proper testing in the presence of the hexane in the food products, and the food allergies that are caused negatively affect the growth of the market.

Hexane Free Proteins Market: Report Scope

Hexane Free Proteins Market: Regional Analysis

On the basis of the regional segmentation, the global hexane free proteins market includes regions such as North America, Western Europe, Asia Pacific, the Middle East and Africa, Latin America, and Eastern Europe. The region that is dominating the hexane free proteins market is the North America which is followed by the European region. The market in the Asia Pacific region is also growing rapidly. The factors that contribute to the market growth in Asia Pacific region are advanced technology, the presence of R&D centers, high disposable income, high awareness about foods that are healthy to consume, and the improved manufacturing facilities. In the Middle East and Africa, the market has a huge potential owing to the factors such as increased rate of spending on the processed food products and the growth in the demand for the nutritional food stuff.

Hexane Free Proteins Market: Competitive Players

• NutriBiotic
• World Food Processing Cargill Inc.
• DuPont Nutrition & Health
• Devansoy Inc.
• Archer Daniels Midland Company
• Wilmar International Ltd.
• Kerry Group Plc.
• Nutiva Inc.
• Axiom Foods Inc.
• Parabel USA Inc.
• Kerry Group Plc.
• SunOpta Inc.
• Biopress S.A.S.
• Ag Processing Inc.

Hexane Free Proteins Market: Segment Analysis

By Form

• Liquid
• Dry

By Product Type

• Concentrates
• Isolates
• Flour

By End-User

• Energy & Sports Nutrition
• Dairy, Bakery
• Beverages
• Others

By Application

• Functional
  • General Foods
  • Baking
  • Nutritional Supplements
  • Others
• General
  • Dispersibility
  • Emulsification
  • Others

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa