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Global Soy Protein Market Report and Forecast 2022-2027

Global Soy Protein Market Report and Forecast 2022-2027

Global Soy Protein Market Report and Forecast 2022-2027

Market Outlook
The global soy protein market report by Expert Market Research (EMR) attained a value of nearly 9194.3 Million in 2021. Aided by the thriving food and beverage industry, the market is projected to further grow at a CAGR of 7.0% between 2022 and 2027 to reach about USD 15652.7 Million by 2027.

Soy-based food and beverage products, such as tofu, soy milk, and tempeh, among others, contain a primary protein known as soy protein. It is obtained from soybeans and an excellent source of protein, and contains vitamins and minerals. It is also rich in calcium, magnesium, and iron. The soy protein market is growing on account of its rising demand in the food industry owing to the increasing preference for meat and dairy alternatives in various food products.

Soy protein is gaining traction among vegetarians who are intolerant to dairy products. In addition to this, the rising trend of veganism owing to the growing awareness pertaining to animal cruelty is further propelling the demand for soy protein. The production of soy protein is anticipated to be bolstered by its surging demand from restaurants, hotels, and pubs, among others.

With soy protein being a rich source of vitamins, carbohydrates, and minerals, the increasing inclination towards health and fitness is boosting the soy protein market development. Soy protein also facilitates weight loss and adds good cholesterol to the body. Such favourable properties of the protein make it highly beneficial for diabetic and obese patients. In this regard, the increasing prevalence of obesity and diabetes mellitus is anticipated to accelerate the market in the coming years.

The growing expansion of the e-commerce industry is likely to significantly contribute to the demand for soy protein-based products. The increasing availability of products containing soy protein, such as tofu and tempeh, from online food delivery platforms is anticipated to fuel the soy protein market growth.

As soy protein contains an extensive amount of amino acid, it is increasingly utilised in animal feed to boost its nutritional profile and protein quality. The growing availability of soy protein in various formats such as extruded, dry powders, and granular, among others, is expected to bolster its use in animal feed applications. Moreover, some of the leading soy protein market trends include the growing demand for sustainably sourced soy protein, the rising preference for cost-effective plant-based protein solutions, and the increasing demand for high-quality meat alternatives.

The Asia Pacific, in terms of region, represents a significant share in the market on account of the rising population across emerging countries such as India and China. The increasing shift towards vegan diets in such countries is further strengthening the market growth. Moreover, the rapid urbanisation, the rising online purchasing power, and the increasing demand for high protein food and beverages in weight management in the region are likely to aid the market.

Meanwhile, the North America soy protein market is likely to project a promising growth owing to the rising obesity cases. The increasing manufacturing of soy protein in the region is anticipated to aid the market. Over the forecast period, the rising awareness regarding the health benefits of soy protein in reducing the risk of hypertension and cardiovascular diseases, among others, is expected to aid the market.

Market Segmentation
The market can be divided on the basis of type, application, and region.
Market Breakup by Type
•Isolate
•Concentrate
•Textured Soy Protein
Market Segmentation by Application
•Bakery and Confectionery
•Functional Foods
•Pharmaceuticals
•Meat Additives
•Feed
•Others
Market Breakup by Region
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East and Africa

Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the soy protein companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Cargill, Incorporated.
•Wilmar International Limited
•CHS Inc.
•Nutrition & Biosciences
•Archer Daniels Midland Company
•Others
Table of Contents

1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Soy Protein Market Analysis
8.1 Key Industry Highlights
8.2 Global Soy Protein Historical Market (2017-2021)
8.3 Global Soy Protein Market Forecast (2022-2027)
8.4 Global Soy Protein Market Market by Type
8.4.1 Isolate
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Concentrate
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Textured Soy Protein
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Soy Protein Market Market by Application
8.5.1 Bakery and Confectionery
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Functional Foods
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Meat Additives
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Feed
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Soy Protein Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Cargill, Incorporated
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Wilmar International Limited
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 CHS Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Nutrition & Biosciences
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Archer Daniels Midland Company
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments

Report Title: Global Soy Protein Market Report and Forecast 2022-2027


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