United States Soy Protein Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

US Soy Protein Market reached US$ 678 Million in 2024 and is expected to reach US$ 926.4 million by 2032, growing with a CAGR of 4.3% during the forecast period 2025-2032.

Key Development:

United States: Recent Soy Protein Launches & Investments

✅ In May 2025, Bunge unveiled a new soy protein concentrates line at IFFA, designed for food manufacturers clean taste, neutral colour, cost‐efficient profile.

✅ In May 2025, Bunge announced a US$550 million investment to expand its Morristown, Indiana facility into a fully integrated site for soy protein concentrate (SPC) and textured soy protein concentrate (TSPC), boosting capacity by processing an extra ~4.5 million bushels of soybeans.

✅ In September 2025, the U.S.-Japan Trade Agreement was implemented, with commitments that include Japan purchasing US$8 billion in U.S. agricultural goods annually reinforcing firm market demand for U.S. soy products.

Japan: Recent Soy Protein Market Trends & Developments

✅ In 2024, Japan's soybean imports totaled 288 billion yen, with the United States, Brazil, and Canada being the primary suppliers.

✅ In 2024, soy protein concentrate accounted for 58.1% of non-animal derived protein ingredients in Japan, totaling 26.8 thousand tonnes, followed by soy protein isolate at 25.0% and gluten at 9.9%.

✅ In Marketing Year 2023/2024, Japan imported US$1.31 billion worth of U.S. soy products, making it the sixth‐largest trading partner by volume; the trade agreement now helps secure that market and improve stability for U.S. soy exporters.

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US Soy Protein is a plant-based protein derived from soybeans, widely used in dietary supplements, protein powders, meat alternatives, and functional foods. Rich in essential amino acids and easily digestible, soy protein supports muscle growth, weight management, and overall nutrition. In the United States, growing consumer demand for plant-based, vegan, and sustainable protein sources is driving the adoption and innovation of soy protein across food, beverage, and supplement markets.

Key Players:

-> Archer Daniels Midland Company, Cargill, Incorporated, DuPont, CHS Inc., Wilmar International, Kerry Group PLC, The Scoular Company, Prinova Group LLC, NOW Foods and Devansoy Inc.

Growth Forecast Projected:

The Global US Soy Protein Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global US Soy Protein Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Product Type: Soy Protein Isolates, Soy Protein Concentrates, Soy Protein Hydrolysates, Textured Soy Protein, Soy Flour, Others

By Form: Dry, Liquid

By Nature: Organic, Conventional

By Flavor: Unflavored, Flavored

By Application: Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics, Others

Regional Analysis for US Soy Protein Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among US Soy Protein producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze US Soy Protein revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the US Soy Protein Market?

A: In 2024, the US Soy Protein Market was valued at US$ 678 Million, reflecting its strong industry presence.

Q2: How large is the US Soy Protein Market expected to be by 2032?

A: By 2032, industry forecasts suggest the US Soy Protein Market will grow to around US$ 926.4 million, demonstrating significant expansion.

Q3: What is the growth rate of the US Soy Protein Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2025 to 2032.

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