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Soy Protein Ingredients Market is driven by increasing demand for plant-based proteins | ADM, Wilmar International Ltd, Cargill, Incorporated, International Flavors & Fragrances Inc., CHS Inc

09-07-2023 02:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Soy Protein Ingredients Market

Soy Protein Ingredients Market

New York, Soy protein ingredients are food additives derived from the soybean plant. These ingredients are used in a variety of food products to provide a source of protein. Soy protein ingredients come in a variety of forms, including textured or isolated soy protein, soy protein concentrate, soy flour, and soy grits.

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Soy protein ingredients are derived from the soybean plant, which is native to East Asia and is a staple food in many parts of the world. The beans are harvested, cleaned, and then processed to obtain the desired protein ingredients. Depending on the desired form of the ingredient, the beans may be cooked, ground, and then either filtered, pressed, or extruded to obtain the desired result.

Soy protein ingredients are considered to be a complete protein, meaning they contain all of the essential amino acids necessary for human health. They are also low in fat and contain no cholesterol, making them a popular choice for people looking to reduce their intake of saturated fats and cholesterol. Soy protein ingredients are also a rich source of dietary fiber, which can help to promote healthy digestion.

Key Trends

Soy protein ingredients have become increasingly popular as a plant-based alternative to animal proteins, and the technology behind them has continued to evolve. The key trends in soy protein ingredients technology are the following:

1. Increasing Product Variety: As consumer demand for products containing soy protein ingredients continues to grow, manufacturers have been coming up with more and more varieties of these products. This includes a range of plant-based meat alternatives, dairy-free products, and even snacks and baking ingredients. Manufacturers are also creating new flavors and textures to make these products more appealing.

2. Improved Quality and Nutrition: With advancements in food processing technology, manufacturers are now able to produce soy protein ingredients that are of higher quality and provide more nutrition. They are able to isolate specific proteins from the soybean, such as soy protein isolate, which is more concentrated and contains higher levels of essential amino acids. This makes these ingredients a better source of nutrition for consumers.

3. Improved Taste and Texture: Food manufacturers are also working on improving the taste and texture of soy protein ingredients. This includes using different processing techniques to reduce the bitterness of the product and improve its mouthfeel. They are also experimenting with different flavorings and coatings to make these products more palatable.

Key Drivers

The key drivers of the soy protein ingredients market are increasing demand for plant-based proteins, growing health consciousness, and rising disposable incomes. The demand for plant-based proteins is rising due to the increasing awareness of the health benefits associated with plant-based diets. Plant-based proteins are becoming more popular due to their health benefits, such as being low in saturated fat and cholesterol. Additionally, they are rich in essential amino acids, vitamins, minerals, and fiber. Consumers are becoming increasingly conscious about their health, and are looking for healthier alternatives to animal-based proteins.

The increasing demand for convenience foods is also driving the growth of the soy protein ingredients market. Soy protein ingredients can be used to create a variety of convenience foods, such as ready-to-eat meals, snacks, and other ready-to-eat products. These products are becoming more popular among consumers due to their convenience and affordability.

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Market Segments

The Soy Protein Ingredients Market has been segmented into Type, Application, and Region. Based on the type, the Soy Protein Ingredients Market is bifurcated into Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flours, and Other Types. On the basis of application, the market is bifurcated into Food and Feed. Region-wise, the market is analyzed across North America, Europe, Asia Pacific and the Rest of the World.

Key Players

Some major key Players of Soy Protein Ingredients Market are ADM (US), Wilmar International Ltd (Singapore), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), CHS Inc (US), BRF Global (Brazil), Fuji Oil Holdings Inc. (Japan), Devansoy (US), Crown Protein Soya Group Company (China), The Scoular Company (US)

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Reasons to buy Soy Protein Ingredients Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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