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Soy Protein Concentrate Market at a CAGR of 13.1% with Segmentation, Trends, Competitive Landscape & Industry Outlook
A worldwide Soy Protein Concentrate Market research report is a brilliant guide for actionable ideas, better decision-making and better business strategies. This report uncovers different industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. The wide ranging Soy Protein Concentrate Market business report presents the persistent knowledge and information of revolutionizing market landscape, what already exists in the market, future trends, the market expectations, the competitive environment, and strategies that can be undertaken to outperform the competitors.The universal Soy Protein Concentrate Marketing report helps illustrate the commerce strategies for the businesses of small, medium as well as large size. The industry report defines exhaustive and comprehensive market study along with current and forthcoming opportunities that put light on the future market investment. The market insights gained through this market research report facilitates more defined understanding of the market landscape, related issues that may interrupt in the future, and ways to position specific brand brilliantly. Strategically analyzed facts and figures of the market and intense business insights mentioned in the large scale Soy Protein Concentrate Market survey report are the key aspects to accomplish a long-term business growth.
Market Analysis and Insights of Global Soy Protein Concentrate Market
The global soy protein concentrate market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.1% in the forecast period of 2021 to 2028 and is expected to reach USD 5,512.15 million by 2028. Rising demand for soy protein concentrate in different industries for different functions is a driver for growth in the global soy protein concentrate market.
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The soybean [Glycine max (L.) Merrill], a native of China, has been used as one of the most important dietary protein and oil sources. As a result, this small old bean has been dubbed "yellow diamond," "great treasure," "nature's miracle protein," and "meat of the field. "Recently, the soybean has been hailed as a potential weapon against chronic diseases in the Western world. Soybean combines the world's major source of edible vegetable oil with the world's dominant supply of high-protein feed additives for livestock in a single crop.
For instance,
• In July 2020, DuPont launched a new product line under the Danisco Planit portfolio, including products like Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates. These new product line launches helped the company in enhancing its product portfolio and ultimately gain more consumer base and revenue
Market Scope and Global Soy Protein Concentrate Market
The major companies which are dealing in the global soy protein concentrate market are Cargill, Incorporated, DuPont, ADM, THE VINCENT CORPORATION, Wilmar International Ltd, Batory Foods, Nordic Soya Oy, Aminola, CROWN SOYA PROTEIN GROUP, Solbar Ningbo Protein Technology Co., Ltd, "Sodrugestvo" Group of Companies, Victoria Group, Yuwang, Shandong Yuxin Biotechnology Co., Ltd, Gushen Biotechnology Group Co., Ltd., Arshine Pharmaceutical Co., Limited, Tianwei Biotech Group Co., Ltd., Foodchem International Corporation, Sun Nutrafoods, Nutra Foods Ingredients, Euroduna Food Ingredients GmbH, Akola Chemicals, DSM, Bunge Limited, Muby Chemicals, Köster Marine Proteins GmbH, European Ingredients Supply & Services B.V., ET-Chem, and Sonic Biochem. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Soy Protein Concentrate Market Scope and Market Size
The global soy protein concentrate market is segmented based on category, extraction process, modification type, protein concentration, form, nature, function, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of nature, the global soy protein concentrate market is segmented into organic and conventional. In 2021, the conventional segment is expected to dominate the market owing to their functional health benefits such as reduction of cholesterol, decreased cardiovascular diseases.
• On the basis of extraction process, the global soy protein concentrate market is segmented into aqueous alcohol wash process, acid wash process, and water wash process with heat denaturation. In 2021, the aqueous alcohol wash process segment is expected to dominate the market as the alcohols do not dissolve the soy protein.
• On the basis of modification type, the global soy protein concentrate market is segmented into thermal modification, chemical modification, and enzyme modification. In 2021, the thermal modification segment is expected to dominate the market due to its wide use in the soy protein concentrate modification process.
• On the basis of protein concentration, the global soy protein concentrate market is segmented into 70% protein. In 2021, between 20%-70% segment is expected to dominate the market as the emulsifying property of the soy concentrates of 20-70% concentration are more effective than soy flour as they contribute cohesion of the product during cooking.
• On the basis of form, the global soy protein concentrate market is segmented into dry and liquid. In 2021, the dry segment is expected to dominate the market due to the wide usage of protein in dry and powder form and easy transport.
• On the basis of category, the global soy protein concentrate market is segmented into single compound and fortified compound. In 2021, the single compound segment is expected to dominate the market due to the growing demand for meat alternatives and the increased usage of soy protein concentrates in manufacturing meat alternatives.
• On the basis of function, the global soy protein concentrate market is segmented into solubility, gelation, emulsification, water binding, foaming, texturizing agent, stabilizer, thickening agent, and others. In 2021, the emulsification segment is expected to dominate the market due to the increasing usage of soy protein concentrate in the food and beverages industry and pharmaceuticals industry.
• On the basis of application, the global soy protein concentrate market is segmented into food products, beverages, nutraceuticals, and dietary supplements, cosmetics and personal care, animal feed, pharmaceuticals, and others. In 2021, the food products segment is expected to dominate the market due to the wide usage of soy protein concentrate and the increasing trend in the popularity of plant-based protein adoption in various food products grown in various developed countries.
Soy Protein Concentrate Market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
To check the complete Table of Content click here: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-soy-protein-concentrate-market
Destinations of This report:
1. To make accessible the wide-going outline of the market.
2. To accomplish the data about the central members in this industry, their item portfolios, and their key techniques.
3. To know about the future standpoint and possibilities for this market investigation and figure
4. To dissect the market size of the market so that understanding the critical patterns from it gets simple.
5. To look at the market dependent on item, portion of the overall industry, and size of the item share.
6. To dissect possibilities or openings on the lookout for partners by realizing the high-development fragments of the market.
7. To increase bits of knowledge about the major provincial experiences in which the is prospering.
8. To accomplish delineations and gauge the market, as far as worth, by process, item type, and industry.
9. To strategically diagram the central parts and exhaustively dissect their market position as far as positioning and center capabilities, and detail the cutthroat scene for market pioneers.
Key questions answered in the report:
• What will be the development pace of Soy Protein Concentrate Market?
• What are the key factors driving the Soy Protein Concentrate Market?
• Who are the key manufacturers in the market space?
• What are the openings, hazards, and outline of the market?
• What is sales, revenue, and price analysis of top manufacturers of Soy Protein Concentrate Market?
• Who are the distributors, traders, and dealers of Soy Protein Concentrate Market?
• What are the Sugarcane Wax market opportunities and threats faced by the vendors in the Soy Protein Concentrate Market?
• What are deals, incomes, and value examinations by types and utilizations of the market?
• What are deals, income, and value examinations by areas of enterprises
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