Press release
Soy Protein Concentrate Market to Expand at a Steady CAGR of 5 % through 2029
Growing Consumer Awareness about Preventative Healthcare to Bring Immense Growth OpportunitiesA large chunk of the global populace is conscious about maintaining fitness levels and also aware about the advantages of preventative healthcare. Many online forums and websites provide information on various diets that can help in preventing diverse diseases and disorders. Protein soy concentrates form an important element of all these diets. Hence, these factors will serve as significant growth contributors for the soy protein concentrate market.
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Asia Pacific Excluding Japan (APEJ) to Serve as Largest Regional Growth Contributor
In terms of regional landscape, Asia Pacific excluding Japan (APEJ) will observe a dominating stance across the forecast period. The rising demand for clean-label food products in the region, especially in densely populated countries like India and China will bring substantial growth opportunities. Taking all the factors into consideration, the sales of soy protein concentrate within the region is extrapolated to reach US$ 1 Bn by 2029.
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Some well-established players in the soy protein concentrate market are Food Chem International Corporation, Euroduna Food Ingredients, Wirmal International, Nutra Food Ingredients LLC, Batory Foods, Cargill Inc.m Nordic Soy Oy, and CHS Inc.
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Global Soy Protein Concentrate Market: Segmentation
Soy Protein Concentrate Market by Grade
• Food
• Feed
Soy Protein Concentrate Market by Form
• Dry
• Liquid
Soy Protein Concentrate Market by Application
• Animal Feed
• Meat Processing
• Bakery & Confectionary
• Others
Soy Protein Concentrate Market by Function
• Nutrients
• Emulsifiers
• Fat & Water Absorption
• Texturants
• Others
Soy Protein Concentrate Market by Region
• North America
o The U.S.
o Canada
• Latin America
o Brazil
o Mexico
o Argentina
o Rest of Latin America
• Europe
o Germany
o France
o The U.K.
o Spain
o Italy
o Rest of Europe
• Asia Pacific Excluding Japan
o China
o India
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific Excluding Japan
• Japan
o Japan
• Middle East & Africa
o GCC Countries
o North Africa
o South Africa
o Rest of Middle East & Africa
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