Image

Global Soy Protein Concentrate Market – Industry Trends and Forecast to 2031

Food & Beverage

Image

Global Soy Protein Concentrate Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Soy Protein Concentrate Market, By Category (Single Compound and Fortified Compound), Extraction Process (Aqueous Alcohol Wash Process, Acid Wash Process, and Water Wash Process with Heat Denaturation), Modification Type (Thermal Modification, Chemical Modification, and Enzyme Modification), Protein Concentration (70% Protein), Form (Dry and Liquid), Nature (Organic and Conventional), Function (Solubility, Gelation, Emulsification, Water Binding, Foaming, Texturizing Agent, Stabilizer, Thickening Agent, Nutrients, Fat and Water Absorption, and Others), Application (Food Products, Beverages, Nutraceuticals, and Dietary Supplements, Cosmetics and Personal Care, Animal Feed, Pharmaceuticals, and Others) – Industry Trends and Forecast to 2031.

 Soy Protein Concentrate Market

Soy Protein Concentrate Market Analysis and Size

Scientific studies revealing that soy protein intake reduces total cholesterol, LDL cholesterol, and triglycerides without affecting HDL cholesterol have propelled the growth of the soy protein concentrate market. The demonstrated health benefits of soy protein contribute to its increasing popularity and demand among health-conscious consumers.

Data Bridge Market Research analyses that global soy protein concentrate market, which was USD 2,978.57 million in 2023, is expected to reach USD 7,974.59 million by 2031, at a CAGR of 13.1% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Soy Protein Concentrate Market Scope and Segmentation  

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Category (Single Compound and Fortified Compound), Extraction Process (Aqueous Alcohol Wash Process, Acid Wash Process, and Water Wash Process with Heat Denaturation), Modification Type (Thermal Modification, Chemical Modification, and Enzyme Modification), Protein Concentration (<20% Protein, 20%-70% Protein and >70% Protein), Form (Dry and Liquid), Nature (Organic and Conventional), Function (Solubility, Gelation, Emulsification, Water Binding, Foaming, Texturizing Agent, Stabilizer, Thickening Agent, Nutrients, Fat and Water Absorption, and Others), Application (Food Products, Beverages, Nutraceuticals, and Dietary Supplements, Cosmetics and Personal Care, Animal Feed, Pharmaceuticals, and Others)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Cargill Incorporated (U.S.), DuPont (U.S.), ADM (U.S.), THE VINCENT CORPORATION (U.S.), Wilmar International Ltd (Singapore), Batory Foods (U.S.), Nordic Soya Oy (Finland), Aminola (U.S.), Crown Soya Protein Group Company (China), Solbar Ningbo Protein Technology Co., Ltd (China), “Sodrugestvo” Group of Companies (Russia), Victoria Group (Serbia), Yuwang (China), Shandong Yuxin Biotechnology Co., Ltd (China), Gushen Biotechnology Group Co., Ltd. (China), Arshine Pharmaceutical Co., Limited (China), Tianwei Biotech Group Co., Ltd. (China), Foodchem International Corporation (China)

Market Opportunities

  • Expanding Applications in Sports Nutrition for Fitness
  • Innovation in Food Product Development to Meet Consumer Demand

Market Definition

Soy protein concentrate is a powdered protein extracted from defatted soybean flakes. It contains high protein content, typically around 65-70%, along with minimal fat and carbohydrates. Used as a functional ingredient in various food products, soy protein concentrate is valued for its nutritional benefits and versatility in food formulation.

Global Soy Protein Concentrate Market Dynamics

Drivers

  • Rising Health Concern Among Consumer

Rising health-conscious consumer trends, fueled by growing awareness of the cholesterol-lowering and cardiovascular health benefits linked to soy protein consumption, are propelling demand for soy protein products. Health-conscious individuals seek out soy protein as a nutritious and functional ingredient to support their overall well-being and dietary preferences.

  • Rising Popularity of Plant-Based Diets for Sustainable Protein Source

The increasing popularity of plant-based diets and vegetarianism drives the adoption of soy protein as a versatile and sustainable protein source. With its nutritional benefits and environmental advantages, soy protein meets the demand for plant-based protein options, appealing to health-conscious consumers seeking ethical and environmentally friendly dietary choices.

Opportunities

  • Innovation in Food Product Development to Meet Consumer Demand

Innovation in food product development offers opportunities to integrate soy protein concentrate into various applications, from meat alternatives and dairy substitutes to fortified snacks. Its nutritional value and functional properties make it a versatile ingredient, enabling manufacturers to meet consumer demand for healthier and sustainable food options while enhancing the quality of food products.

  • Expanding Applications in Sports Nutrition for Fitness

Soy protein concentrate's high protein content and amino acid profile position it as an ideal ingredient for sports nutrition products. Catering to athletes and fitness enthusiasts, its suitability for muscle recovery, growth, and overall performance enhancement presents significant opportunities for market expansion in the sports nutrition segment, driving growth and innovation in this dynamic market.

Restraints/Challenges

  • Allergen Concerns Among Consumer

Allergen concerns surrounding soy protein concentrate pose a significant challenge for the market. Its potential to trigger allergic reactions in soy-allergic individuals restricts its use in food products targeting sensitive populations, reducing market potential and hindering broader adoption in various food formulations and applications.     

  • Consumer Preferences for Non-GMO Products

Consumer preferences for non-GMO products present a hindrance for the soy protein concentrate market derived from genetically modified soybeans. This demand for non-GMO options may hinder market growth by restricting acceptance and adoption of soy protein concentrate products, potentially leading to reduced demand and market share.

This global soy protein concentrate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global soy protein concentrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In June 2023, Nutra Ingredients launched a new soy protein concentrate enriched with essential amino acids, targeting the sports nutrition market. This innovative product promises enhanced muscle recovery and growth benefits, broadening the application of soy protein concentrates within the sports nutrition industry
  • In July 2020, DuPont expanded its Danisco Planit portfolio with the launch of new products such as Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates, catering to diverse applications and enhancing its soy protein concentrate offerings
  • In May 2020, Batory Foods partnered with Ingredion Incorporated to distribute its ingredients, including soy protein concentrate, in Southern California. This collaboration facilitated increased market reach for Batory Foods, enabling the company to tap into new consumer bases and bolster revenue streams
  • In February 2020, Cargill, Incorporated launched soy-protein-based hamburger patties and ground products, leveraging soy protein concentrate. This product launch marked Cargill's entry into the plant-based meat alternative market, capitalizing on the growing demand for sustainable protein sources

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Soy Protein Concentrate Market Scope

The global soy protein concentrate market is segmented on the basis of category, extraction process, modification type, protein concentration, form, nature, function, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Category

  • Single Compound
  • Fortified Compound

 Extraction Process

  • Aqueous Alcohol Wash Process
  • Acid Wash Process
  • Water Wash Process with Heat Denaturation

 Modification Type

  • Thermal Modification
  • Chemical Modification
  • Enzyme Modification

 Protein Concentration

  • <20% Protein
  • 20%-70% Protein
  • >70% Protein

 Form

  • Dry
  • Liquid

 Nature

  • Organic
  • Conventional

 Function

  • Solubility
  • Gelation
  • Emulsification
  • Water Binding
  • Foaming
  • Texturizing Agent
  • Stabilizer
  • Thickening Agent
  • Nutrients
  • Fat and Water Absorption
  • Others

Application

  • Food Products
  • Bakery and Confectionary
  • Meat Processing
  • Beverages
  • Nutraceuticals and Dietary Supplements
  • Cosmetics and Personal Care
  • Animal Feed
  • Pharmaceuticals
  • Others

Global Soy Protein Concentrate Market Regional Analysis/Insights

The global soy protein concentrate market is analysed and market size insights and trends are provided by country, category, extraction process, modification type, protein concentration, form, nature, function, and application as referenced above.

The countries covered in the global soy protein concentrate market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the soy protein concentrate market. The region's dominance stems from its significant production and consumption in the conventional segment. Additionally, the growth of foodservice sectors further boosts demand for conventional soy protein concentrate products in North America.

Asia-Pacific is expected to dominate the soy protein concentrate market, with the nature segment in China projected to exhibit the highest growth rate from 2024 to 2031. This growth is attributed to the rising demand for soy protein concentrate in the food and beverages industry.

 The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Soy Protein Concentrate Market Share Analysis

The global soy protein concentrate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global soy protein concentrate market.

Some of the major players operating in the global soy protein concentrate market are:

  • Cargill Incorporated (U.S.)
  •  DuPont (U.S.)
  •  ADM (U.S.)
  •  THE VINCENT CORPORATION (U.S.)
  •  Wilmar International Ltd (Singapore)
  •  Batory Foods (U.S.)
  •  Nordic Soya Oy (Finland)
  •  Aminola (U.S.)
  •  Crown Soya Protein Group Company (China)
  •  Solbar Ningbo Protein Technology Co., Ltd (China)
  •  “Sodrugestvo” Group of Companies (Russia)
  •  Victoria Group (Serbia)
  •  Yuwang (China)
  •  Shandong Yuxin Biotechnology Co., Ltd (China)
  •  Gushen Biotechnology Group Co., Ltd. (China)
  •  Arshine Pharmaceutical Co., Limited (China)
  •  Tianwei Biotech Group Co., Ltd. (China)
  •  Foodchem International Corporation (China) 


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The soy protein concentrate market size will be worth USD 7,974.59 million by 2031.
The growth rate of the soy protein concentrate market is 13.1% by 2031.
Rising health concern among consumer & rising popularity of plant-based diets for sustainable protein source are the growth drivers of the soy protein concentrate market.
Category, extraction process, modification type, protein concentration, form, nature, function, and application are the factors on which the soy protein concentrate market research is based.
Major companies in the soy protein concentrate market are Cargill Incorporated (U.S.), DuPont (U.S.), ADM (U.S.), THE VINCENT CORPORATION (U.S.), Wilmar International Ltd (Singapore), Batory Foods (U.S.), Nordic Soya Oy (Finland), Aminola (U.S.), Crown Soya Protein Group Company (China), Solbar Ningbo Protein Technology Co., Ltd (China), “Sodrugestvo” Group of Companies (Russia), Victoria Group (Serbia), Yuwang (China), Shandong Yuxin Biotechnology Co., Ltd (China), Gushen Biotechnology Group Co., Ltd. (China), Arshine Pharmaceutical Co., Limited (China), Tianwei Biotech Group Co., Ltd. (China), Foodchem International Corporation (China).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials