Cargill, Incorporated, Wilmar International Ltd., and DuPont Dominated the Global Soy Protein Concentrate Market in 2021

The Global Soy Protein Concentrate Market is expected to grow with a CAGR of 13.1% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below:

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-soy-protein-concentrate-market

The global soy protein concentrate market is a highly consolidated market, including a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in the global soy protein concentrate market are introducing a strong range of products providers, launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

  • In July 2020, DuPont launched a new product line under the Danisco Planit portfolio, including products like Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates. These new product line launches helped the company in enhancing its product portfolio and ultimately gain more consumer base and revenue

Cargill, Incorporated is the dominating player in the global soy protein concentrate market. The other key players existing in the market are DuPont, ADM, THE VINCENT CORPORATION, Wilmar International Ltd, Batory Foods, Nordic Soya Oy, Aminola, CROWN SOYA PROTEIN GROUP, Solbar Ningbo Protein Technology Co., Ltd, “Sodrugestvo” Group of Companies, Victoria Group, Yuwang, Shandong Yuxin Biotechnology Co., Ltd, Gushen Biotechnology Group Co., Ltd., Arshine Pharmaceutical Co., Limited, Tianwei Biotech Group Co., Ltd., Foodchem International Corporation, Sun Nutrafoods, Nutra Foods Ingredients, Euroduna Food Ingredients GmbH, Akola Chemicals, DSM, Bunge Limited, Muby Chemicals, Köster Marine Proteins GmbH, European Ingredients Supply & Services B.V., ET-Chem, and Sonic Biochem.

Soy Protein Concentrate Market Cargill, Incorporated

Cargill, Incorporated, founded in 1870, and its headquarter is in Minnesota, U.S. The company focuses on producing food, agricultural, financial, and industrial products safely and sustainably. The company has several product categories such as agriculture, animal nutrition, beauty, bio-industrial, carbon solutions, food services, food and beverages, industrial, pharmaceutical, meat and poultry, transportation, risk management, in which food and beverages is the market-focused category.

For instance,

  • In February 2020, Cargill, Incorporated, launched soy-protein-based hamburger patties and ground products. This new product is made from soy protein concentrate. The new product launch helped the company in enhancing their product portfolio of plant-based protein and attracted more consumer base

The company has wide presence across Europe, Middle East and Africa, Asia-Pacific, Americas. The company also has various subsidiary companies including Bucanero chickens S.A. (Colombia), NatureWorks (U.S.), Wilbur Chocolate Company (U.S.), Cargill Meat Solutions (U.S.), Cargill Ltd. (Canada) among others.

Wilmar International Ltd.

Wilmar International Ltd. was founded in the year 1991, headquartered in Singapore. The company focuses on providing agribusiness products and solutions and offers food products, feed, industrial products, and others globally. The company has product categories including tropical oils, oilseeds, and grains, sugar, soy protein in which soy protein is the market-focused category.

For instance,

  • In 2021, Wilmar International Ltd received the Best Strategic Corporate Social Responsibility award by Alpha Southeast Asia Corporate Institutional. This award encouraged the company in coming up with much more great strategies

The company has a presence across Europe, the Middle East, and Africa, Asia-Pacific, Americas. The company also has various subsidiaries, including Adani Wilmar Limited, Goodman Fielder (Australia), Wilmar Sugar Holdings Pte. Ltd., Wilmar Trading Pte Ltd., PT Wilmar Nabati Indonesia.

DuPont

DuPont was founded in the year 1802, headquartered in Delaware, U.S. The company focuses on producing nature-based ingredients from orange peel, seaweed, lily pads, and others to fulfill consumers' needs by changing product portfolios and offering a wide range of products. The company has several product categories which are Animal Health Solutions, Animal Feed Enzymes, Antimicrobial, Antioxidants, Extracts and Flavorants, Avicel Cellulose Gel, BetaPower Natural Betaine, Carob Protein, Cellulose Gum, Cultures for Plant-Based Food, Dairy Cultures, Dietary Fibers, Emulsifiers, Food Enzymes, Functional Ingredients System, Gellan Gum, Guar Gum, HMOs, Lecithin, Loctus Bean Gum, Meat Cultures, Medium Chain Triglycerides, Methocel, and Wellence Modified Cellulose, Pectin, Probiotics, Protein, Seaweed, Succinoglycan, Sweeteners, Xanthan, in which Protein is the market-focused category.

For instance,

  • In July 2020, DuPont launched a new product line under the Danisco Planit portfolio, including products like Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates. These new product line launches helped the company in enhancing its product portfolio and ultimately gain more consumer base and revenue

The company has a presence across Europe, the Middle East, and Africa, Asia-Pacific, Americas. The company also has various subsidiaries, including Danisco (Denmark), DuPont (U.K.) Ltd., DuPont (Korea) Inc, Solae (BV), Dupont Danisco (U.S.), among others.