Soy Protein Isolate Market Predicted to rise at a CAGR of 4.6% by 2031

The global Soy Protein Isolate Market Size was valued at $2.9 billion in 2021, and is projected to reach $4.5 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. Soy protein isolate is prepared from defatted soy meal by utilizing aqueous or mild alkali extraction of soluble carbohydrates and proteins. The undoable residue, substantially carbohydrate, is therefore removed by centrifugation, followed by a rush of soy protein at its isoelectric point. The precipitated protein is separated by mechanical decanting and is washed and neutralized as well as spray-dried.

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Prime determinants of growth

An increase in consumer awareness regarding health consciousness and immunity is encouraging the enclosure of nutritive values in food products. With this trend picking up pace, the frequency of product launches has increased in the food sector. Furthermore, the rise in the number of health issues associated with obesity has encouraged both international organizations and the government to promote the consumption and product of soy protein insulates, which is propelling the market growth.

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Leading Market Players:

The players operating in the global soy protein isolate market have adopted various developmental strategies to increase their market share, gain profitability, and remain competitive in the Soy Protein Isolate Industry. The key players operating in the soy protein isolate market include AG Processing Inc., Archer-Daniels-Midland Company, Cargill, Inc., CHS Inc., Doves Farm Foods Ltd., E. I. Du Pont De Nemours and Company (Dupont Nutrition and Health), Kerry Group, Plc., Kraft Heinz Company, the Kellogg Company, and Wilmar International Limited.

Regional Analysis:

By region, North America led in terms of Soy Protein Isolate Market Share in 2021 and is expected to retain its dominance during the Soy Protein Isolate Market Forecast period. According to the International Health, Racquet & Sports Club Association (IHRSA), the consumption of soy protein is likely to rise as the U.S. health and fitness industry and is expected to grow at a faster rate during the forecast period. This is attributed to rising in the number of the U.S. consumers adopting a healthy lifestyle or indulging in activities that promote an active and healthy lifestyle. Presently, about 20% of U.S. adults have fitness club memberships, and the number is expected to increase in the future.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the soy protein isolate market analysis from 2021 to 2031 to identify the prevailing soy protein isolate market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the soy protein isolate market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global soy protein isolate market trends, key players, market segments, application areas, and market growth strategies.

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The report focuses on the Soy Protein Isolate Market Growth prospects, restraints, and Soy Protein Isolate Market Opportunity. The study provides Porter's five forces analysis to understand the impact of various factors such as the competitive intensity of competitors, bargaining power of suppliers, the threat of substitutes, the threat of new entrants, and bargaining power of buyers of the soy protein isolate market.

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