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Soy Protein Market Analysis, Trends, Growth, Research And Forecast 2032
Soy Protein Market
As per the soy protein market report by The Business Research Company, the increasing vegan population is contributing to the growth of the soy protein market. A vegan diet excludes animal products such as fish, dairy, meat, and eggs.
The global soy protein market size grew from $8.31 billion in 2022 to $9.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The soy protein market size is expected to grow to $12.49 billion in 2027 at a CAGR of 8.1%.
Read More On The Soy Protein Market Report Here:
https://www.thebusinessresearchcompany.com/report/soy-protein-global-market-report
Major 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 soy protein market is segmented -
• By Product Type : Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flour, Grits, And Chunks
• By Nature: Organic Soy Protein, Conventional Soy Protein
• By Form : Powder, Ready to Drink, Bars, Capsules And Tablets, Other Forms
• By Application : Bakery And Confectionery, Meat Alternatives, Functional Foods, Dairy Replacers, Infant Foods, Other Applications
• By Distribution Channel : Specialty Store, Convenience Store, E-Commerce Or Online Sale Channel, Supermarket Or Hypermarket
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the soy protein market.
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Soy protein is a protein that is 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.
The Table Of Content For The Soy Protein Market Include:
1. Executive Summary
2. Soy Protein Market Characteristics
3. Soy Protein Market Trends And Strategies
4. Soy Protein Market - Macro Economic Scenario
5. Soy Protein Market Size And Growth
……
26. Africa Soy Protein Market
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
The "Global Soy Protein Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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