Soy Flour Market Forecast By End-use Industry 2017-2025
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Soy flour is used in many food products to enhance nutritional value of the product as it is high source of vegan protein, and healthy oils, which is major factor driving market demand from food manufacturers. As a result of increasing urbanization and growing population of working professionals demand for ready-to-eat products is increasing which is one of the key driver for increasing demand for soy flour in global market. Gluten-free trend is trending in global food industry and soy flour is a gluten-free product and have many other health benefits such as it reduces risk of heart disease, reduce menopausal symptoms, lowers blood cholesterol etc. these factors are fueling market demand for soy flour. Soy flour provides bases for soymilk and textured vegetable which is trending worldwide in turn increasing market demand for soy flour.
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Some of the key players identified across the value chain of the global Soy flour market include Archer Daniels Midland Company, Cargill Incorporated, Vippy Industries Ltd., CHS Inc., Devansoy Inc., Sakthi Soyas Limited, Foodchem International Corporation, Unitechem Co., Ltd., Gushen Group, Harvest Innovations, Kerry Group, Linyi Shanshong Biological products Co. Ltd., Ruchi Soya Industries Ltd., Scoular Food Ingredients Group, Sinoglory Enterprise Group Co. Ltd., Victoria Group, Solae LLC, Sonic Biochem, World Food Processing, The Nisshin OilliO Group, Ltd., Bob's Red Mill Natural Foods etc
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