Soy Protein Ingredients Market Size, Share 2020, Impressive Industry Growth Report 2027

The soy protein ingredients market is projected to grow at a CAGR of 7% from 2017 to 2022, to reach USD 12.8 billion by 2022. The base year considered for the study is 2016, and the forecast period is from 2021 to 2022.
Soy Protein Ingredients Market is expected to grow at a significant CAGR during the forecast period. Soy protein ingredients are the products that are isolated from defatted soybean. De-hulled and defatted soybean is processed into three categories including soy flour, soy protein concentrates, and soy protein isolates. These soy ingredients contain around 70% protein and, hence provide almost all types of amino acids for human nutrition. These nutrients are almost identical to the nutrients present in other legumes and are considered to be one of the most affordable sources of protein-rich products in the market. The rising awareness about the impact of meat on the health and environment has encouraged more people to cut the meat consumption and find plant-based protein-rich products which support the soy protein ingredients’ demand.
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The most active companies in the soy protein ingredients market include DuPont, Cargill, Fuji Oil Asia Pte, and Archer Daniels Midland. The global soy protein ingredients market is driven by the rising popularity and adoption of the vegan diet and cost-competitive plant-based protein products available in the market, and their growing utilization in the ready-to-eat processed food category. Food and Drug Administration (FDA) claims that consuming around 25 grams of soy protein consumption every day reduces the risk of heart diseases. The high functional property of soy protein and its health benefits at an affordable cost has resulted in increased adoption of soy protein by many end-user industries and it boosting the market growth.

Soy Protein Ingredients Market- Segmentation

By Product Type

• Soy Protein Isolates
• Soy Protein Concentrates
• Soy Flours
• Others

By Application

Food & Beverages

• Bakery & Confectionery
• Meat Alternatives
• Functional Foods
• Dairy Replacement Products
• Infant Nutrition
• Others

Feed

• Animal Feed
• Pet Food
• Aqua food

Segment by Region

North America

• US
• Canada
• Mexico

Europe

• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe

Asia-Pacific

• Japan
• China
• India
• Australia and New Zealand
• Rest of Asia-Pacific

Rest of the World

• South America
• Middle East
• Africa

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Soy Protein Ingredients Market Report

• What was the Soy Protein Ingredients Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Soy Protein Ingredients Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Soy Protein Ingredients Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.