Global Soy Protein Market, By Type (Soy Isolates, Soy Concentrate, Textured Soy Protein, Soy Flours, Others), Form (Powder, Bars, Ready-to-Drink, Capsules & Tablets, Others), Nature (Organic Soy Protein, Conventional Soy Protein), Application (Sports and Nutrition, Functional Foods, Bakery & Confectionery, Meat Additives, Pharmaceuticals and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Soy Protein Market
The soy protein market is expected to witness market growth at a rate of 7.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on soy protein market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of soy protein market.
Soy proteins are used in the preparation of different food preparation including meat analogues, infant formula, salad dressings among others. Isolates and concentrates of proteins are rising progressively. Soy protein is one of them offering wide range of health benefits. Soy protein is proving boon for the infants to adult as infant with lactase deficiency can consume soy-based formulas and adults who have some allergies or are vegan may opt for this highly rich protein.
The rise in the health consciousness across the globe acts as one of the major factors driving the growth of soy protein market. The increase in demand for plant protein products owning to their functional efficiency and cost competitiveness, and utilization in a wide variety of processed foods, especially in the ready-to-eat product category accelerate the market growth. The increased demand for use in food & beverage, nutraceutical, and functional food applications, and rise in demand for efficient and cost effective meat alternatives across infants further influence the market. Additionally, surge in food spending, media influence on consumer awareness, adoption of healthy lifestyles, high use in range of food, and increase in demand for protein-rich diet positively affect the soy protein market. Furthermore, advancement in ingredient technologies such as microencapsulation extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, presence of other substitutes and high price associated with soy are expected to obstruct the market growth. The implementation of stringent regulations is projected to challenge the soy protein market in the forecast period of 2021 to 2028.
This soy protein 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 soy protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
GlobalSoy Protein Market Scope and Market Size
- The soy protein market is segmented on the basis of type, form, nature and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the soy protein market is segmented into soy isolates, soy concentrate, textured soy protein, soy flours and others.
- On the basis of form, the soy protein market is segmented into powder, bars, ready-to-drink, capsules & tablets and others.
- On the basis of nature, the soy protein market is segmented into organic soy protein and conventional soy protein.
- On the basis of application, the soy protein market is segmented into sports and nutrition, functional foods, bakery & confectionery, meat additives, pharmaceuticals and others.
Soy Protein Market Country Level Analysis
The soy protein market is analyzed and market size, volume information is provided by country, type, form, nature and application as referenced above.
The countries covered in the global soy protein market report are the 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, UAE, 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 market because of the rise in investments by key manufacturers within the region. . Asia-Pacific is expected to witness growth during the forecast period of 2021 to 2028 due to the rise in demand of soy protein for different applications mainly as a functional food in the region.
The country section of the soy protein market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Soy Protein Market Share Analysis
The soy protein 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 soy protein market
The major players covered in the soy protein market report are Archer Daniels Midland Company, DuPont, The Scoular Company, FUJI OIL ASIA PTE. LTD., Cargill Incorporated, Ingredion Incorporated, Arla Foods amba, CROWN SOYA PROTEIN GROUP , Batory Foods, Ag Processing Inc., Devansoy Inc., Gushen Biotechnology Group Co., Ltd., Wilmar International Ltd., Kerry Group, Kellogg NA Co., Doves Farm Foods Ltd. Company, Valio OyDMK Group, Axiom Foods, Inc., Amco Proteins, Smithfield Foods, Inc., and Impossible Foods Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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