Global Soy Protein Market Business Opportunities, Current Trends & Industry Analysis by key players like Archer Daniels Midland Company, DuPont, Cargill, Wilmar International, SONIC BIOCHEM EXTRACTIONS LIMITED, Nutra Food Ingredients
The global soy protein market is expected to reach USD 16.3 Billion by 2025, from USD 9.51 Billion in 2017 growing at a CAGR of 7.8% during the forecast period of 2018 to 2025.
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Some of the major players operating in the global soy protein market are
Archer Daniels Midland Company,
Wilmar International Ltd., The Nisshin OilliO Group, Ltd, Ruchi Soya Industries Limited, Ag Processing Inc, Devansoy Inc., The Scoular Company, Biopress S.A.S., Foodchem International Corporation, Osage Food Products, Nutra Food Ingredients, Batory Foods, FUJI OIL HOLDINGS INC., Crown Soya Protein Group, IMCOPA, Hongzui Group, Sonic Biochem, Victoria Group, GuShen Group CO.,LTD, Yuwang Group, Burcon NutraScience among others.
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Market Segmentation: Global Soy Protein Market
The global soy protein market is segmented based on type and application.
On the basis of type global soy protein market is segmented into
soy protein isolates,
soy protein concentrates,
soy flours and others
On the basis of application global soy protein market is segmented into
Food is further sub segmented into bakery & confectionery, meat alternatives, functional foods, dairy replacements, infant foods, others. Feed is further sub segmented into livestock, pet food and aqua feed.
Based on geography the global soy protein market report covers data points for 28 countries across multiple geographies namely
North America & South America,
Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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Major Market Drivers & Market Restraint of Global Soy Protein Market
High nutritional value of soy.
Increasing demand for plant-based protein as a result of growing vegan population.
Increasing awareness about benefits of protein and growing demand for protein rich diet.
Preference for animal based protein over plant based protein.
Ban on Soy Products of Gm Origin.
Preferred alternative to meat and dairy proteins.
Increasing costs and threat of alternative products.
The global soy protein market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global soy protein market for global, Europe, North America, Asia Pacific and South America.
Global Soy Protein Market By Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Flours, Others), By Application (Food, Feed), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
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