- Soy protein concentrate is a highly digestible, defatted soy product with a protein content of approximately 65–70%, widely used in processed foods, meat analogs, nutritional supplements, and animal feed. It offers functional properties such as water binding, emulsification, and texturizing, which enhance product stability, texture, and nutritional value
- The accelerating demand for soy protein concentrate is driven by the global shift toward plant-based diets, expanding applications in high-protein food formulations, and its cost-effectiveness compared to other protein sources. The market is also benefiting from advancements in soy processing technologies and increasing consumer interest in sustainable and non-GMO food solutions
- North America dominated the soy protein concentrate market with a share of 36.9% in 2024, due to rising consumer awareness regarding plant-based nutrition and increasing demand for meat alternatives across the region
- Asia-Pacific is expected to be the fastest growing region in the soy protein concentrate market with a share of during the forecast period due to increasing protein demand, urbanization, and changing dietary patterns across countries such as China, India, and Japan
- Conventional segment dominated the market with a market share of 74.1% in 2024, due to its widespread use, cost advantages, and established supply chain networks. Conventional soy protein concentrate remains the primary choice for large-scale food processors due to consistent quality, abundant supply, and regulatory approvals across various geographies
