Hexane-free Protein Market

Hexane-free Protein Market is predicted to grow at a CAGR of 7.9% during the forecast period due to the rising awareness about the health benefits of using hexane free proteins.

Introduction of the Hexane-free Protein Market Report

Hexane is produced by the process of gasoline which is being called as the neurotoxic petrochemical solvent. It is utilized in the process of obtaining edible oils from the seeds and vegetables. It is a neurotoxic, synthetic, explosive and a dangerous air pollutant chemical. It is a major agent used for soy meal, soy oil and soy food ingredients which separate beans into fats and proteins.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Hexane-free Protein Market include the increasing use of hexane ingredients in the processed food products, rising awareness about the health benefits of using hexane free proteins, and growing consumption of the soy proteins by the end users that has boosted the growth of this market. Moreover, growing awareness about health hazards associated with hexane such as chronic exposure to the hexane that can result in more severe nervous system damage, cause several abdominal pains and have an impact on the respiratory system among others has led to shift towards hexane free products. Additionally, Hexane-free protein manufacturing are increasing production capability or expanding their operations by developing new products. For instance, Nutiva’s MCT introduced an Organic MCT Protein which has no harsh aftertaste and is manufactured without any filler oils.

Restraint in the Hexane-free Protein Market

The cost for production hexane free proteins is high which has hampered the growth of this market. Moreover, lack of awareness regarding the harmful effects of hexane and food allergies that are caused by hexane has also restrain the growth of this market.

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Type – Segment Analysis

Based on the Type, flour segment is expected to grow at a higher CAGR in the global Hexane-free Protein Market during the forecast period as it contains all the nine essential amino acids and provides high-quality nutrients to the consumer. These are being usually consumed with cereals or smoothies, bread but it can also be used in sauces as an alternative to the dairy products such as butter. Several company are providing such as whea free, aashirvaad etc these flour are derived from the soybeans which includes more fiber per serving than any other food.

Application – Segment Analysis

Based on the Application, nutritional supplements are projected to grow at a higher CAGR in the global Hexane-free Protein Market during the forecast period as it is a superior choice for people who are taking supplements and are allergic to the hexane. Hexanes are being used as an extraction solvent which leaves some residue on the end product that can be harmful to the user, especially to those who are having allergies. This process only uses water so there are no toxic residues from chemicals unlike other methods such as ionic exchange chromatography which utilize hexane and chloroform to extract the proteins from the beans and grains respectively. Thus, this factor has boosted the growth of this market.

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Regional – Segment Analysis:

Based on the region, North America region is expected to dominate the global Hexane-free Protein Market due to the rising in the chronic diseases among people in this region and awareness regarding the healthcare among the population in this region has boosted the growth of this market. For instance, according to CDC in 2020, 6 out of 10 in the US are having chronic disease. Additionally, the presence of leading players in this region such as Cargill, DuPont etc will propel the growth of this market in this region.

Top Market Players

Various notable players operating in the market, include, Cargill, Incorporated, DuPont, ADM, Wilmar International Ltd, Kerry Group Plc., Nutiva Inc., Axiom Foods, Inc., Parabel USA Inc, SunOpta., Ag Processing Inc, among others.

Key Developments:

• • In May 2018, Nutiva launched first hexane free, US grown organic hamp seed. This is the first company to achieve such a feat.

Segments covered in the Report:

The global Hexane-free Protein Market has been segmented on the basis of Type, Application, Form, and regions. Based on Type, the market is segmented into Concentrate, Flour and Isolate. Based on Application, the market is segmented into Cosmetics & Personal Care, Breakfast Cereal & Cereal Bars, Nutritional supplements, Bakery Products, Dairy Products, Beverages and Others. Based on Form, the market is segmented into Powder and Syrup.

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Key questions answered in this research report:

• • At what pace is global Hexane-free Protein Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Hexane-free Protein Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Hexane-free Protein Market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Type during the forecast period?
  • What are the various Application areas of global Hexane-free Protein Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Hexane-free Protein Market by Type

• • Concentrate
  • Flour
  • Isolate

Global Hexane-free Protein Market by Application

• • Cosmetics & Personal Care
  • Breakfast Cereal & Cereal Bars
  • Nutritional supplements
  • Bakery Products
  • Dairy Products
  • Beverages
  • Others

Global Hexane-free Protein Market by Form

• • Powder
  • Syrup

Global Hexane-free Protein Market by Region

• • North America Hexane-free Protein Market (Option 1: As a part of the free 25% customization)
    • North America Hexane-free Protein Market by Type
    • North America Hexane-free Protein Market by Application
    • North America Hexane-free Protein Market by Form
    • US Hexane-free Protein Market All-Up
    • Canada Hexane-free Protein Market All-Up
  • Europe Hexane-free Protein Market (Option 2: As a part of the free 25% customization)
    • Europe Hexane-free Protein Market by Type
    • Europe Hexane-free Protein Market by Application
    • Europe Hexane-free Protein Market by Form
    • UK Hexane-free Protein Market All-Up
    • Germany Hexane-free Protein Market All-Up
    • France Hexane-free Protein Market All-Up
    • Spain Hexane-free Protein Market All-Up
    • Rest of Europe Hexane-free Protein Market All-Up
  • Asia-Pacific Hexane-free Protein Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Hexane-free Protein Market by Type
    • Asia-Pacific Hexane-free Protein Market by Application
    • Asia-Pacific Hexane-free Protein Market by Form
    • China Hexane-free Protein Market All-Up
    • India Hexane-free Protein Market All-Up
    • Japan Hexane-free Protein Market All-Up
    • Rest of APAC Hexane-free Protein Market All-Up
  • RoW Hexane-free Protein Market (Option 4: As a part of the free 25% customization)
    • RoW Hexane-free Protein Market by Type
    • RoW Hexane-free Protein Market by Application
    • RoW Hexane-free Protein Market by Form
    • Brazil Hexane-free Protein Market All-Up
    • South Africa Hexane-free Protein Market All-Up
    • Saudi Arabia Hexane-free Protein Market All-Up
    • UAE Hexane-free Protein Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Hexane-free Protein Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Cargill, Incorporated
  • DuPont
  • ADM
  • Wilmar International Ltd
  • Kerry Group Plc.
  • Nutiva Inc.
  • Axiom Foods, Inc.
  • Parabel USA Inc
  • • SunOpta.
  • Ag Processing Inc