Soy Flour market is set to surge, with a projected CAGR of 4.9% from 2024 to 2030

►Global Soy Flour Market on Track for Robust Growth Through 2030

The global soy flour market-valued at US $3.46 billion in 2023-is projected to reach approximately US $4.83 billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This expansion is fueled by rising consumer demand for gluten‐free, vegan, and protein‐rich alternatives.

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►Competitive Landscape

The market features a mix of global agribusiness giants and specialist manufacturers, including Archer Daniels Midland Company, Devansoy Inc., Sakthi Soyas Limited, Bob's Red Mill Natural Foods, CHS Inc., and others. Key strategies include product diversification (full‐fat vs. defatted), R&D into functional bakery and meat‐substitute blends, and strengthening packaging and distribution networks.

►Regional Insights

United States Growth & Opportunity
The U.S. leads market share in North America (34.2% in 2023). Demand is driven by rising veganism and health awareness, with manufacturers focusing on clean‐label, high‐protein bakery products.

Asia Pacific Trends & Consolidation
Asia Pacific is the fastest‐growing region, driven by traditional soy use in countries like Japan, China, and India. The area recorded the largest regional share (ca. 32-38%) . Companies are consolidating via partnerships and M&A to penetrate local markets and increase manufacturing capacity.

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Europe Updation & Opportunity
Europe exhibits steady growth (5.8-5.9% CAGR) . Consumers in Germany, France, and the UK are increasingly turning to plant‐based diets, prompting manufacturers to promote soy flour as a gluten‐free, high‐protein alternative.

Middle East & Africa Consolidation & Trends
The ME&A region shows rising interest in healthier food amid growing disposable incomes and urbanisation. Recent local consolidations involve regional distributors partnering with global soy suppliers to improve supply chains.

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► Market Segmentation: In-Depth Analysis:

by Type

Full-Fat Soy Flour
Defatted Soy Flour

Full-Fat and Defatted Soy Flour are the two segments of the soy flour market.

The market for defatted soy flour is expected to increase at the fastest rate in the upcoming years. Protein and calcium content are high in defatted soy flour. As the defatted soy flour is processed, all of the oils are being removed. The color is pale brown. The development of soy flour production is ensured by the invention of numerous new technologies to extract oil from soy seeds.

by Application

Bakery & Confectionery
Meat Substitute
Soup & Sausages
Meat & Poultry
Others

Bakery & Confectionery, Meat Substitute, Soup & Sausages, Meat and Poultry, and Others are the segments that make up the soy flour market.

With the biggest market share in 2023, Bakery & Confectionery is expected to propel industry expansion over the projected period. In addition to serving as a correction ingredient in baked goods, flour also contributes to the health advantages of bread dough. The main factor increasing the dough's protein level is the soy flour. 50% more protein is found in soy flour than in bread made with wheat flour. Bread made with soy flour has a nutty taste. By decreasing bread gluten levels and shortening fermentation time, it improves crust browning.

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► Learn about the top players driving innovation in the Market :

1. Archer Daniels Midland Company
2. Devansoy Inc.,
3. Sakthi Soyas Limited
4. Foodchem International Corporations
5. Linyi Shanshong Biological Products Co. Ltd.
6. Bob's Red Mill Natural Foods
7. Sinoglory Enterprise Group Co. Ltd.
8. Ruchi Soya Industries Ltd.
9. CHS Inc.
10.Scoular Food Indigredients Group
11.Sonic Biochem.

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