Press release
Textured Soy Protein Market Expected to Grow Significantly by 2030, Reaching Nearly USD 5.81 Billion
Maximize Market Research, has published market intelligence and competitive landscape report on the Textured Soy Protein Market published in March 2024. The Textured Soy Protein Market size was valued at USD 3.1 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 9.4 percent from 2024 to 2030, reaching nearly USD 5.81 Bn. by 2030.๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Textured Soy Protein market contains processed products made from soymeal flakes, soy flour, or soy protein concentrate, containing at least 52% protein on a dry basis. The growing trend to healthier lifestyles and organic products is fueling the demand for Textured Soy Proteins. This market includes many products such as protein powders, snacks, and oils, catering to global consumer preferences. The various application and global reach of Textured Soy Proteins highlight their increasing relevance in meeting dietary needs.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐ :https://www.maximizemarketresearch.com/request-sample/115228/
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
The Textured Soy Protein market is driven by rising consumer interest in diets and health conscious eating. The cost-effectiveness of textured soy protein, compared to meat and dairy proteins is a significant factor in its growing popularity. Low processing costs and abundant raw materials from soybean cultivation enhance its affordability and accessibility. The increasing vegan and vegetarian populations further boost demand, as does the use of textured soy protein in various food applications for its texture and moisture retention.
The North American market accounts for the major market share in terms of revenue and is expected to rapid growth during the estimated period. North America holds 41.32% share of the global market and demand for this region is increasing due to growing vegan adoption, combined with rising demand for vegan food products and rising soy production.
The Asia Pacific is expected to have the highest CAGR during the forecasting period. China is one of the region's top consumers, it market share of more than 20% in the Asia Pacific region. India is a major producer and consumer of textured soy protein (TSP), also known as textured vegetable protein (TVP) or soy nuggets.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.maximizemarketresearch.com/request-sample/115228/
๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐:
Market Size in 2023 USD 3.1 Bn.
Market Size in 2030 USD 5.81 Bn.
CAGR 9.4% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 265
No. of Tables 115
No. of Charts and Figures 107
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ by Product, Application, and Source
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐ North America, Europe, Asia Pacific, Middle East and Africa, South America
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ Textured Soy Protein Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/115228/ ๏ปฟ
๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
By Product: Non-GMO, Conventional, and Organic
By Application: Food, and Feed
By Source: Soy protein concentrates, Soy protein isolates, and Soy flour
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
ADM (USA)
Abbott Nutritionals (USA)
Bunge (USA)
Bremil Group (Brazil)
Cargill (USA)
Crown Soya Protein Group (China)
Roquette Frรจres (France)
Ingredion (US)
The Scoular Company (US)
Beneo (Germany)
DuPont de Nemours, Inc. (USA)
Wilmar International Limited (Singapore)
Victoria Group (Serbia)
LIVING FOODS. (India)
Sonic Biochem (India)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/global-textured-soy-protein-market/115228/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฑ๐ญ๐ฎ๐ซ๐๐ ๐๐จ๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:What is textured soy protein (TSP)?
What are the key factors driving the growth of the textured soy protein market?
What are the market trends and emerging developments in the textured soy protein industry?
What challenges does the Textured Soy Proteins Market face?
What opportunities exist in the Textured Soy Proteins Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Textured Soy Protein Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Textured Soy Protein Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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