Soy Protein Market Information- by Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Protein Flours and Others), by Form (Powder, Bars, Ready to Drink, Capsules & Tablets and Others), by Application (Functional Foods, Sports Nutrition, Meat Additives, Confectionery & Other Food Products, Pharmaceuticals and Others), by Distribution Channel (Supermarket/Hypermarket, Convenience store, E-commerce and Others) and Region - Forecast to 2030

Soy Protein Market Scenario

Soy protein market is expected to grow USD 10 billion at a CAGR of 7.1% during the forecast 2022-2030. Soy protein is a protein that is separated from soybean. It is produced using soybean that has been dehulled and defatted. Dehulled and defatted soybeans are handled into three sorts of high protein items i.e. soy flour, focuses, and disconnects. Majority of soy protein used in different food preparation that includes meat analogues, infant formula, frozen desserts, salad dressing and many more. Soy protein isolates holds the major market share which mainly use to improve texture of food products and usually found combined with other food ingredients. Availability of soy protein in different forms and in different packaging is changing the dynamics of soy protein market from last few years.

Key Players

The key players profiled in the Soy Protein Market are Archer-Daniels-Midland Co. (U.S.), Ingredion (U.S.), Solae (U.S.), Dupont (U.S.), Solbar (Israel), Cargill (U.S.) and Gushen Biological Technology Group Co., Ltd (China)

Study Objectives of Soy Protein Market:

• Detail analysis of the market’s segments and sub-segments


• To estimate and forecast market size by type, form, application, distribution channel and region


• To analyze key driving forces which are influencing the market


• Region level market analysis and market estimation of North America, Europe, Asia, and rest of the world (ROW) and their countries


• Value chain analysis & supply chain analysis of Soy Protein Industry


• Company profiling of major players in the market


• Competitive strategy analysis and mapping key stakeholders in the market


• Analysis of historical market trends and technologies along with current government regulatory requirements

 Intended Audience

• Soy Protein manufacturers


• Protein Manufacturers


• Food Industry


• Agriculture Industry


• Retailers and wholesalers


• Traders, importers and exporters

 Key Findings:

• Soy bean isolates is evaluated to grow at a higher rate than other type of soy protein


• Soy protein market in Asia Pacific will witness higher growth during the forecast period

Segments

• Soy protein product has been segmented on the basis of type which comprises soy protein isolates, soy protein concentrates, soy protein flours and others. Soy protein isolates holds major market share as it is largely used in food application.


• Soy protein product has been segmented on the basis of form which comprises powder, bars, ready to drink, capsules & tablets and others. Powder form of soy protein holds major market share.


• Soy protein product has been segmented on the basis of application which comprises functional foods, sports nutrition, meat additives, confectionery & other food products, pharmaceuticals and others. Soy protein application in sport nutrition will witness higher growth rate during the forecast period.


• 
  Soy protein has been segmented on the basis of distribution channel which comprises supermarket/hypermarket, convenience store, E-commerce and others. Supermarket/Hypermarket holds major market share whereas E-commerce segment will witness higher growth rate.     
  

Regional Analysis

Soy Protein Market is segmented into America, Europe, Asia Pacific, and rest of the world (ROW). America has the major market share followed by Asia Pacific region. Increasing soy production in South America is playing a major role behind the dominance of America in global market.  Rising demand of soy protein for different applications mainly as a functional food is boosting the soy market in Europe region. Asia Pacific region will witness higher growth backed by growing demand of high quality soy protein especially from developing countries like China and India.  The Major exporters of soy protein include Brazil, U.S., Argentina and Canada.

The Global Soy Protein Market is segmented under the following regions mentioned below:

America

• US.


• Canada


• Mexico


• Brazil


• Argentina

Europe

• Germany


• France


• Italy


• Spain


• U.K.


• Rest of Europe

Asia-Pacific

• China


• India


• Australia


• Thailand


• Rest of Asia Pacific

Rest of the world

• Iran


• Turkey


• Saudi Arabia


• South Africa


• Others