Press release
Soy Protein Market to Receive a Rapid Boost in Economy due to High Emerging Demands - Key players includes Impossible Foods Inc., Archer Daniels Midland Company, DuPont
The Soy Protein report makes available a thoughtful overview of product specification, technology, product type and production analysis taking into account major factors such as revenue, cost, and gross margin. The report is sure to offer brilliant solution to the challenges and problems faced by industry. This business document comprises of extensive study about miscellaneous market segments and regions, emerging trends, major market drivers, challenges and opportunities in the market. This Soy Protein business document also displays the key developments in the industry with respect to current scenario and the approaching advancements.Global soy protein market is expected to grow with 6.8% CAGR in the forecast period of 2019-2026. The report contains data from the historic year of 2017, base year of 2018. Rising demand of soy protein in the folks due to its high nutritious value is creating opportunity for the market growth.
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Key Questions Answered in Global Soy Protein Market Report:-
Our Report offers:-
o What will the market growth rate, Overview and Analysis by Type of Global Soy Protein Market in 2026?
o What are the key factors driving, Analysis by Applications and Countries Global Soy Protein Market?
o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Soy Protein Market?
o Who are Opportunities, Risk and Driving Force of Global Soy Protein Market?
o Who are the opportunities and threats faced by the vendors in Global Soy Protein Market? Business Overview by Type, Applications, Gross Margin and Market Share
o What are the Global Soy Protein Market opportunities, market risk and market overview of the Market?
Global Soy Protein Market By Type (Soy Isolates, Soy Concentrate, Textured Soy Protein, Soy Flours, Others), Application (Sports and Nutrition, Functional Foods, Bakery & Confectionery, Meat Additives, Pharmaceuticals and Others), Form (Powder, Bars, Ready-to-Drink, Capsules & Tablets, Others), Distribution Channel (Supermarket/Hypermarket, Convenience Store, E-commerce and Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026
Complete report on Global Soy Protein Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Soy Protein Market
Soy proteins are used in the preparation of different food preparation including meat analogues, infant formula, salad dressings among others. Isolates and concentrates of proteins are rising progressively. Soy protein is one of them offering wide range of health benefits. Soy protein is proving boon for the infants to adult as infant with lactase deficiency can consume soy-based formulas and adults who have some allergies or are vegan may opt for this highly rich protein.
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Top Key Players:
Few of the major competitors currently working in the global soy protein market are Smithfield Foods, Inc., Impossible Foods Inc., Archer Daniels Midland Company, DuPont, The Scoular Company, FUJI OIL ASIA PTE. LTD., Cargill Incorporated, Ingredion Incorporated, Arla Foods amba, CROWN SOYA PROTEIN GROUP , Batory Foods, Ag Processing Inc., Devansoy Inc., Gushen Biotechnology Group Co., Ltd., Wilmar International Ltd., Kerry Group, Kellogg NA Co., Doves Farm Foods Ltd. Company, Valio OyDMK Group, Axiom Foods, Inc., Amco Proteins among others.
Market Drivers:
o The nutritious value of the protein has resulted in the significant demand of the market in the forecast period
o Prevailing consumer focus on the health benefits offered by soy protein also drives the market growth
o Rising demand from the healthcare sector combating heart problems is another factor boosting the market growth
o Increasing R&D investment in the healthcare industry will also drive the market growth in the forecast period
Market Restraints:
o Various stringent regulations imposed before the launch of soy protein acts as a major restricting factor for this market growth
Key Developments in the Market:
o In January 2019, Impossible Foods Inc. announced to open a retail outlet in 2019 with a slight change in their menu. It replaces wheat protein with the soy protein in its plant-based burger to support the gluten free food products which will be highly rich in nutrition as meat from the animals. This replacement of gluten food with the gluten free product i.e. soy protein, creates an impact on the market due to its high nutritive value
o In August 2019, Smithfield Foods, Inc. launched a plant-based protein portfolio. The product will be marketed under the brand name Pure Farmland. The product portfolio will offer the whole day meal courses from breakfast to dinner. The complete portfolio will be soy based which is designed and developed in U.S. This launch brought the experts with the sustainable products for the flexitarian consumers, which will deliver wide range of low cost plant based proteins for the consumers
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Customize report of "Global Soy Protein Market" as per customers requirement also available.
Market Segmentations:
Global Soy Protein Market is segmented on the basis of
o Type
o Application
o Form
o Distribution Channel
o Geography
Market Segmentations in Details:
By Type
o Soy Isolates
o Soy Concentrate
o Textured Soy Protein
o Soy Flours
o Others
By Application
o Sports and Nutrition
o Functional Foods
o Bakery & Confectionery
o Meat Additives
o Pharmaceuticals
o Others
By Form
o Powder
o Bars
o Ready-to-Drink
o Capsules & Tablets
o Others
By Distribution Channel
o Supermarket/Hypermarket
o Convenience Store
o E-commerce
o Others
By Geography
North America
o U.S.
o Canada,
o Mexico
Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
South America
o Brazil
o Rest of South America
Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
Competitive Analysis: Global Soy Protein Market
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 soy protein market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: corporatesales@databridgemarketresearch.com
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