Soy Protein market To Reach USD 4.16 billion By 2026 | Archer Daniels Midland Company, Cargill Inc.

Soy protein is isolated from soybean and it is available as isolates, concentrates, and flour. Soy proteins have various health benefits such as lowering cholesterol and lowering blood pressure. Moreover, soy protein is a rich source of omega-3, vitamins, and minerals. The global soy protein market is projected to reach US$ 12.01 by the end of 2027, at a CAGR of 5.59% over the forecast period (2019-2027), attributing to increasing awareness regarding importance of protein intake in daily life.

On the basis of source, soy proteins are categorized into organic and conventional proteins. In 2018, although conventional segment held dominant position in the market, organic segment is expected to grow significantly during the forecast period, owing to increasing awareness regarding the use of organic products such as cosmetics, food products, beverages, and others.

Buy Now and Get Instant Discount of USD 2000 for Premium Report : https://www.coherentmarketinsights.com/promo/buynow/2592

Detailed Segmentation:

Global Soy Protein Market, By Source:
Organic
Conventional

Global Soy Protein Market, By Product Type:
Isolates
Concentrates
Others (Hydrolysates/Flour, etc.)

Global Soy Protein Market, By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others (Adhesives, Plastics, etc.)

Among applications, food and beverage segment held dominant position in the soy protein market in 2018, owing to the use of soy protein in the manufacturing of various food processing industries such as dairy, animal feed, bakery, confectionery, meat additives, functional food, and beverages among others, which in turn is fueling growth of the global soy protein market. However, ban on soy proteins of genetically modified (GM) origin is one of the major factors restraining growth of the global soy protein market.

Request For Sample Copy of This Premium Research Soy Protein Market : https://www.coherentmarketinsights.com/insight/request-sample/2592

Soy protein-based cosmetics consisting of hydrolyzed soy proteins are safe for use in case of body, hand, face and neck products, hair care products, skin care products, mascara, and others. Few soy protein-based cosmetics include Biotique’s Bio Soya Protein Fresh Nourishing Shampoo, Genesis soy protein shampoo, and others.

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.