Press release
Soy Protein Market is projected to top a valuation of US$ 10 Bn by 2031
As per Persistence Market Research industry analysis, the global soy protein is set to witness acceleration at a CAGR of 5% and top a of US$ 10 Bn in 2031. Increased utilization of soy protein in the F&B sector is being witnessed due to the fact that it does not come with operational difficulties and can be utilized in a number of applications for emulsification, fat and water absorption, etc. As such, it has become a potent ingredient for food & beverages, animal feed, and nutraceuticals & functional foods. Soy protein is also safe for people who are allergic to soy, as it is used in minimal quantities in foods, making it an ideal choice for a variety of applications in the F&B industry.To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/27154
High market share is enjoyed by North America manufacturers, followed by those in Europe. The U.S., U.K., Italy, and Russia are prominent shareholders in this market space. Soy protein concentrates and isolates are high sough-after, and hold more than 80% of overall market share, being widely preferred across the world. The global soy protein market is set to offer an incremental opportunity of close to US$ 4 Bn over the next ten years.
Key Takeaways from Market Study
• Highest growth potential for the market is shown by East Asia and South Asia, at CAGRs of 8.6% and 8%, respectively.
• On the basis of application, soy protein holds the highest market share in food & beverages. This industry accounts for more than 60% of the market share. In terms of value, the industry is set to reach US$ 6.4 Bn by 2031.
• Key contributing factor for increased production of soy protein is its varied application in major demand-driving end-use industries, and it since soy-based products are widely accepted as a good source of protein and other essential minerals.
• North America is a major demanding region for soy protein, followed by Europe. It alone accounts for more than 40% of the overall market share, while Europe accounts for 27%.
• Other important application industries of soy protein are animal feed and nutraceuticals and functional foods. Soy has found dietary application in animal feed and is a globally accepted ingredient for producing protein-rich feed. Together, these to industries account for more than 35% global market share.
• The concentrate and isolate forms of soy protein are more prevalent and widely used for variety of applications in various industries.
• The U.S. and China hold major share in North America and East Asia, respectively.
• COVID-19 has had a significant impact on the soy protein market. Widely imposed lockdowns have affected the supply chain of raw materials in major producing nations. However, as the situation improves, the market will witness optimistic growth looking at the increased need for consumption of healthy and nutritional products.
Request For Report Customization@https://www.persistencemarketresearch.com/request-customization/27154
Competitive Landscape
Major market players are entering acquiring various quality certifications to ensure a wider reach and global and regional acceptability of their products. They are also ensuring compliance to global benchmark standards and food & safety regulations.
• A. Costantino & C. spa is strategizing on offering the highest quality products to its customers. The company has received numerous certifications for offering premium quality products such as CCPB Organic Certification, Iso9001 - quality iqnet, Iso9001 - quality cisq, and others.
• Products provided by Meelunie B.V. are non-GMO and organic in nature. The company complies with regulatory requirements for product manufacturing, and has certifications such as ISO 22000, Skal Organic, GMP + FSA, and Kosher.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/27154
Read More Trending "PMR Exclusive Article"
https://www.prnewswire.com/news-releases/soy-protein-market-is-set-to-witness-acceleration-at-a-cagr-of-5-and-top-a-valuation-of-us-10-bn-in-2031-301368283.html
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Soy Protein Market is projected to top a valuation of US$ 10 Bn by 2031 here
News-ID: 2865788 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Soy
Soy Food Products Market Players Gaining Attractive Investments| Northern Soy, N …
Advance Market Analytics published a new research publication on "Soy Food Products Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Soy Food Products market was mainly driven by the increasing R&D spending across the world. Some of the key…
Soy Protein Ingredients Market by Type (Soy Protein Concentrates, Soy Protein Is …
The global soy protein ingredients market is estimated to be valued at USD 7.7 billion in 2022. It is projected to reach USD 10.8 billion by 2027, recording a CAGR of 7.0% during the forecast period.
Soy protein ingredients are produced by processing soymeal to obtain ingredients with higher protein concentrations, which can be used as a protein source in a range of food and animal feed applications. The demand…
Soy Food Products Market to See Huge Growth by 2027 |ADM,Cargill,DuPont,Northern …
Worldwide Market Reports is one of the leading organizations, specializing in conducting high-end research by understanding the market strategies, key players, major trends, and several other aspects of the industry. The recently developed report on "Global Soy Food Products Market Outlook 2020-2027" focuses on business developments, collaborative strategies, and answers all questions related to the key affiliations.
Market Overview -
The Soy Food Products market report provides a detailed analysis of global…
Global Soy Sauce Market 2018 - Bluegrass Soy Sauce, Okonomi, Maggi
Accord Market, recently published a detailed market research study focused on the “Soy Sauce Market” across the global, regional and country level. The report provides 360° analysis of “Soy Sauce Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Soy Sauce on the…
2017-2022 Soy Milk Report on Global and United States Market - Silk, West Soy
This report studies the Soy Milk market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Soy Milk market by product type and applications/end industries.
The global Soy Milk market is valued at XX million USD in 2016 and is expected to reach XX million USD by…
Soy & Milk Protein Ingredients Market Driven by Numerous Health Benefits of Soy …
Global Soy and Milk Protein Ingredients Market: Brief Account
The worldwide soy and milk protein ingredients market is envisaged to invite radical growth prospects on the back of the snowballing awareness about several health benefits. Apart from an estimated 38.0% protein content, soy contains all the nine essential amino acids in just the right proportion that is ideal for human health. Vendors could look to extend their presence in the…