Soy Protein Ingredient Market by Type (Soy Flours, Soy Protein Concentrates, Soy Protein Isolates), Form (Dry, Liquid), Nature, Function, Application - Global Forecast 2024-2030

Soy Protein Ingredient Market by Type (Soy Flours, Soy Protein Concentrates, Soy Protein Isolates), Form (Dry, Liquid), Nature, Function, Application - Global Forecast 2024-2030

The Soy Protein Ingredient Market size was estimated at USD 13.09 billion in 2023 and expected to reach USD 14.01 billion in 2024, at a CAGR 7.61% to reach USD 21.87 billion by 2030.

Global Soy Protein Ingredient MarketSoy ingredients are used to make various kinds of protein-based products that provide the essential amino acids required for human nutrition. The consumption of soy protein ingredients is beneficial for human health, such as enhancing muscle growth, lowering the cholesterol level, and controlling diabetes and obesity, contributing to the soy protein ingredient market growth. Additionally, introducing soy protein ingredients-based food & beverage products create market growth opportunities. However, the higher manufacturing cost and associated side effects of soy protein ingredients may hamper the market growth.Regional InsightsThe high adoption of plant-based and vegan dietary products in the Asia-pacific regions significantly contributes to the growth of soy protein ingredients. East Asian countries, including Korea, China, and Japan, consume soybean-based products as part of their regular diet for centuries. The Good Food Institute (GFI) reported that China is the majority of the world’s processed soy protein supplier and half of pea protein processing by high production volume capability within China. Additionally, the Asia-Pacific region continues to grow rapidly owing to the locally produced soybeans and the availability of cheaper labor. The U.S. Soybean Export Council (USSEC) focuses on distinguishing and elevating preference, allowing market access to soy products for human consumption. Additionally, the USSEC partnership with the U.S. soybean manufacturers, commodity shippers, merchandisers, and agricultural organizations, is fueling the market growth across America. According to USSEC, the North African countries, including Egypt, Tunisia, and Morocco, import approximately 150,000 metric tons of U.S. soy, and these regions represent 4% of total U.S. soy exports. In addition, continuous demand for U.S. soy in Egypt contributed to the soy protein ingredients market growth across North America and Africa regions.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Soy Protein Ingredient Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Soy Protein Ingredient Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Soy Protein Ingredient Market, highlighting leading vendors and their innovative profiles. These include A. Costantino & C. S.P.A., Ag Processing Inc., Agro Solvent Products Pvt Ltd., Aminola B.V., Archer-Daniels-Midland Company, Batory Foods, Bioven Ingredients, Bremil Group, Bunge Limited, Burcon NutraScience Corporation, Cargill, Incorporated, Chaitanya Agro Biotech Pvt. Ltd., CHS Inc., CJ Selecta, Crown Soya Protein Group Company, Devansoy Inc., DuPont de Nemours, Inc., Farbest-Tallman Foods Corporation, Foodchem International Corporation, Foodrich Soya Co.,LTD., Fuji Oil Co., Ltd., Futura Oppenheimer, Hangzhou Pekhill Foods Co., Ltd., Ingredients UK Limited, Kellogg Company, Kerry Group PLC, Linyi Shansong Biological Products Co., Ltd., Living Foods, Medix Laboratoires, Meelunie B.V., Nordic Soya Oy, NOW Health Group, Inc., Oppenheimer Pty Ltd., PGP International, Inc. by ABF Ingredients, Prinova Group LLC by Nagase America LLC, Process Agrochem Industries Pvt Ltd., Ravago Chemicals, Rio Pardo Proteína Vegetal S/A, Shandong Sinoglory Health Food Co., Ltd., Sonic Biochem Limited, Sotexpro SA, Sun Nutrafoods, SunOpta, Superior Supplement Manufacturing, Taj Agro International, The Kraft Heinz Company, The Nisshin OilliO Group, Ltd., The Scoular Company, Titan Biotech Ltd., and Wilmar International Limited.

Market Segmentation & Coverage



This research report categorizes the Soy Protein Ingredient Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Soy Flours
Soy Protein Concentrates
Soy Protein Isolates
Form
Dry
Liquid
Nature
Conventional
Organic
Function
Heart Health
Muscle Health
Weight Management
Application
Feed
Food
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Soy Protein Ingredient Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Soy Protein Ingredient Market?
3. What are the technology trends and regulatory frameworks in the Soy Protein Ingredient Market?
4. What is the market share of the leading vendors in the Soy Protein Ingredient Market?
5. Which modes and strategic moves are suitable for entering the Soy Protein Ingredient Market?

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