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Soy Flour Market Forecast By End-use Industry 2017-2025

08-27-2018 10:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research - Food and Beverages

/ PR Agency: Transparency Market Research

Soy flour is obtained by grinding soybeans. It is rich source of proteins and is widely used in food industry for preparing bakery products, confectionaries, baby foods, cereals and pet food as an additive. Soy flour helps in improving taste as well as texture of the food. Soy flour is available in supermarkets/ hypermarkets, health food stores, food cooperatives etc. in bulk and in packaged form. Soy flour is a source of protein, dietary fiber, isoflavones, iron, vitamins and potassium which makes it one of the healthy food. Soy flour is gluten-free product which is preferred by health conscious consumers as well as by fitness trainers as breakfast cereals. Thus market demand from food and beverages industry is higher for soy flour.

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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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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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