Rising demand from consumers for consistent and high quality food products is alerting numerous meat, poultry, and seafood manufacturers to produce foods with improved nutritional profiles. Soy protein incorporation in a wide variety of food products satisfies ever-changing consumer demands. As per an IndustryARC report, the global soy protein market value touched $5.14 billion in 2018, and estimates it to grow at a CAGR of 7.2% over the forecast period of 2019 to 2025.
The report by IndustryARC, titled, “Soy Protein Market: By Type (Isolates, Concentrates, Soy flour) Application (Functional Food, Baby Food, Dairy Substitutes, Meat Substitutes, Bakery Products, Confectionery Products) Geography (North America, Europe, APAC and RoW) - Forecast (2019-2025),” details the soy protein market size, market share, trends, forecast, growth, and the soy protein market demand.
Soy Protein Market: Leading Segments
Soy flour is majorly used in preparation of American baked products, as it amends the whiteness of products and also acts as a good dough conditioner. It is popularly considered a balancing micronutrient food for infants and children in Central America. North America, thus, held a leading share of 39% in the global soy protein market in 2018.
Soy protein is a protein which encompasses all nine essential amino acids. It has a wide range of applications in the nutrition and food industry[AR1] . Soy protein products such as soy flour, textured soy protein, soy protein concentrate, soy protein isolate, and soy milk contain large quantities of carbohydrates, minerals and proteins; and are extensively used in bakery applications, dairy substitutes, meat substitutes, beverages and in baby foods. Mixture of dairy and soy protein lead to an increase in muscle mass. Owing to factors like these, the food and beverages segment is estimated to grow at a CAGR of 6.6% during the forecast period.
Soy Protein Market: Disruptive Trends
o Currently, soy protein powder is widely used in production of infant soy formula, and as variable meat and dairy alternatives.
o Soy protein-based meals are emerging as a superior choice of replacement for standard weight loss diets. Soy protein also acts as an alternative to animal proteins, especially for vegetarians and vegans who can gain enormous benefits from this nutrient.
o Nowadays, many protein powders, protein bars and shakes are integrated with soy protein isolate, because it has a great bioavailability.
o Biodegradability, low immunogenicity, and abundant availability of low-cost soy protein is helping the soy protein market gain traction in biomedical applications.
o Soy Health Privileges
o Soy protein provides health benefits aimed at preventing chronic diseases such as heart disease, hypertension, cancer, diabetes, menopause, osteoporosis, and weight loss. Diets with soy protein reduce the risks associated with heart disease. Soy protein has proven beneficial in controlling cholesterol levels as well.
Soy Protein Market: Competitive Landscape
Some of the major players in the global soy protein market are as ADM, DowDuPont, Wilmar International, Cargill, CHS Inc., Linyi Shansong Biological Products, Crown Soya Protein Group, Sonic Biochem, Shandong Yuxin Bio-Tech, and Hung Yang Foods.
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A. Soy Protein Ingredients Market
B. Protein Ingredients Market
What can you expect from the report?
The soy protein market is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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