04-04-2018 10:16 AM CET - Business, Economy, Finances, Banking & Insurance
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Global Soy Protein Hydrolysate Market is expected to Grow at a CAGR of 6.6% by the End of 2026

Press release from: Fact.MR
Fact.MR
Fact.MR


Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Soy Protein Hydrolysate Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global soy protein hydrolysate market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.

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Highlights of the Report Include:

1- Among regions, the market in Asia Pacific excluding Japan (APEJ) is projected to remain highly attractive throughout the forecast period. APEJ’s soy protein hydrolysate market is expected to witness an impressive growth between 2017 and 2026. This growth is likely to be characterized by factors such as a positive attitude towards adopting a healthier lifestyle and increasing disposable income. Moreover, local authorities in many of the countries in the region are promoting ideas of adopting diet that can help is reducing diseases that arise for obesity or malnutrition. Consumers in countries such India and China are becoming health-conscious and opting for food items that are low in calorie and fat. 

2- On the basis of form, the dry soy protein hydrolysate segment is expected to retain its top spot over 2026. Currently, the segment commands for more than 84% revenue share of the market. Towards the end of the projection period, the segment is expected to surpass market valuation of US$ 1,200 Mn, reflecting a sound CAGR.

3- On the basis of application, the functional foods segment is expected to remain highly attractive in 2017 and beyond. The segment currently represent for nearly one-fourth share of the market and estimated to reach a valuation in excess of US$ 390 Mn by 2026-end, reflecting a CARG of 6.9%.

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APEJ to Spearhead the Global Soy Protein Hydrolysate Market over 2026

Among regions, Asia Pacific excluding Japan (APEJ) is expected to lead the global soy protein hydrolysate market in 2017 and beyond. The market in the region is expected to exhibit an above-average CAGR during the forecast period. Factors such as rising per capita income and rapid adoption of healthier lifestyles is driving the demand for food items containing soy protein hydrolysate. Governments in the region are promoting diets and food categories that effectively address the issues of malnutrition and obesity. In addition, consumers in emerging countries such as China and India are becoming more conscious about diet and healthy eating.

Dry Soy Protein Hydrolysate will remain Sought-After 

Dry soy protein hydrolysate will continue to outsell the liquid variant throughout the assessment period. Global sales of dry soy protein hydrolysate is currently commands for more than two-third share of the global market in terms of revenue. Towards the end of 2026, nearly US$ 1,223.5 Mn worth dry soy protein hydrolysate is expected to be consumed worldwide.

Functional Food a Leading Segment 

Consumption of soy protein hydrolysate through functional food is expected to remain significantly high in the forthcoming years. Global sales of functional food with soy protein hydrolysate is expected to make a significant contribution to the growth of the market over 2026. Application of soy protein hydrolysate in functional food is expected increase further during the forecast period.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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