Soy Protein Market Size 2022 | Latest Trends, Drivers Analysis Share and Forecast with Growth Factors 2027
IMARC Group has recently released a new research study titled "Soy Protein Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What is soy protein?
Soy protein refers to a protein that is isolated and processed from dehulled and defatted soybean meal. It is available in several forms, including powder, capsules, tablets, bars, etc. These soy protein products are a rich source of oligosaccharides, fibers, and amino acids. They have low-fat content, high dispersibility, extended shelf life, and enhanced stability. Soy protein ingredients exhibit excellent gelling, absorbing, binding, and whipping properties which make them ideal for diverse cooking applications. Consequently, they are extensively utilized in bakery and confectionery, functional foods, animal feed, pharmaceuticals, meat additives, etc.
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Soy Protein Market Trends and Drivers:
The shifting preferences from animal-based proteins to plant-based proteins, on account of the emerging trend of veganism and the growing consciousness about animal cruelty, are primarily driving the soy protein market. Apart from this, the elevating adoption of protein-rich diets, owing to the widespread health and wellness programs, is also positively influencing the market growth.
Moreover, the launch of advanced food processing technologies and the increasing usage of the product as a competitive source of protein in animal feed are further augmenting the global market. In addition to this, the escalating product utilization as a key ingredient in the formulation of infant food and formulae is acting as another significant growth-inducing factor.
Besides this, the expanding food and beverage segment, the inflating investments by leading market players in research and development (R&D) activities to produce cost-effective and high-in-nutrition product variants, and the rising requirement for functional foods are expected to propel the soy protein market in the coming years.
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Soy Protein Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the soy protein market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
List of Major Key Players:
- A. Costantino & C. spa
- Archer Daniels Midland Company
- Bunge Limited
- Cargill Incorporated
- Crown Soya Protein Group
- DuPont de Nemours Inc.
- Fuji Oil Co. Ltd.
- Smithfield Foods Inc
- Sonic Biochem Extractions Pvt. Ltd
- The Scoular Company
- Wilmar International Ltd.
The report has segmented the market on the basis of type, form, nature, distribution channel and application.
Breakup by Type:
• Isolate
• Concentrate
• Textured Soy Protein
Breakup by Form:
• Powder
• Bars
• Ready-to-Drink
• Capsules and Tablets
• Others
Breakup by Nature:
• Organic Soy Protein
• Conventional Soy Protein
Breakup by Distribution Channel:
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Stores
• Others
Breakup by Application:
• Bakery and Confectionery
• Functional Foods
• Pharmaceuticals
• Meat Additives
• Feed
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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