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Global Soy Protein Market Report 2022 - Industry Size, Share, Segmentation, Growth Analysis, Demand And Restraints, And Forecast
Soy Protein Market
The regions covered in the soy protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest soy protein market share.
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The soy protein market consists of sales of soy protein by entities (organizations, sole traders, and entities) that are isolated from the soybean. Soy protein is a high-protein source that can help to lose weight, increase energy, and build muscle. Soy protein has been utilized as an ingredient in a range of cuisines, including vegetarian foods, salad dressings, soups, and meat substitutes, due to its functional characteristics. Emulsification and texturizing are two of its functional features.
Key competitors in the soy protein market include Wilmar International CHS Inc., The Archer Daniels Midland Company, Crown Soya Protein Group, DuPont Nutrition & Biosciences, Linyi Shansong Biological Products Co. Ltd., Cargill Corporation, Shandong Yuxin Bio-Tech Co. Ltd., Sonic Biochem, Hung Yang Foods Co. Ltd., BASF SE, Fuji Oil Company Ltd, A. Costantino & C. S.P.A, Solbar Ningbo Protein Technology Co. Ltd., Nordic Soya Oy, ETChem, Qingdao Foodrich Soya-Tech Co. Ltd and Burcon NutraScience Corporation.
The global soy protein market size is expected to grow from $7.47 billion in 2021 to $8.24 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The soy protein market is expected to reach $11.14 billion in 2026 at a CAGR of 7.8%.
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TBRC's report segments the global soy protein market:
1) By Product Type: Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flour, Grits, and Chunks
2) By Nature: Organic Soy Protein, Conventional Soy Protein
3) By Form: Powder, Ready-To-Drink, Bars, Capsules and Tablets, Others
4) By Application: Bakery and Confectionery, Meat Alternatives, Functional Foods, Dairy Replacers, Infant Foods, Others
5) By Distribution Channel: Specialty Store, Convenience Store, E-Commerce or Online Sale Channel, Supermarket or Hypermarket
Read Further On The Soy Protein Market Here:
https://www.thebusinessresearchcompany.com/report/soy-protein-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Soy Protein Market Characteristics
3. Soy Protein Market Trends And Strategies
4. Impact Of COVID-19 On Soy Protein
5. Soy Protein Market Size And Growth
.....
27. Soy Protein Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Soy Protein Market
29. Soy Protein Market Future Outlook and Potential Analysis
30. Appendix
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