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Global Textured Soybean Protein Sales Market Report- Future demand Foreseen by 2025
Textured soy protein (TSP) is a processed food product manufactured from either soymeal flakes, soy flour, or soy protein concentrate.
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First, for consumption, Europe is the most important consumption area of textured soybean protein with 93671 MT or 33.44% in share in 2015. China is the second largest consumption area in 2015 with 51489 MT or 24.96% in share. USA is the following with 18.38% of total consumption market share. India and Japan each took 5.13% and 2.01% in 2015.
Second, the applications of textured soybean protein includes ground meat and poultry, formed meat products, vegetarian and analogs, nutrition bars, cereals & snacks, etc. In 2015, ground meat and poultry took the largest consumption share, followed by formed meat products. They each took 57.70% and 22.92% of total consumption market share.
The global Textured Soybean Protein market is valued at 420 million US$ in 2017 and will reach 560 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2018-2025.
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The major players covered in this report
ADM
Danisco
CHS
Scents Holding
Sojaprotein
Cargill
Gushen Biological
Wonderful Industrial Group
FUJIOIL
Shandong Sanwei Soybean Protein
Shansong Biological
Sonic Biochem
Wilmar International
Top Agri Group
Soja Austria
Bremil Group
We can also provide the customized separate regional or country-level reports, for the following regions: https://bit.ly/2kSq80F
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