Global Organic Soy Protein Market Size study & Forecast, by Product (Concentrates, Isolates, and Textured Proteins); by Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, and Others) and Regional Analysis, 2022-2029
The global Organic Soy Protein Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Organic Soy Protein is the richest source of dietary protein. It is referred to as the complete protein for human body that contains amino acid. It has major applications across various products such as Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, and Others. The Organic Soy Protein market is expanding because of factors such as the rising vegan population and growing demand for organic products in the forecast period
According to Statista in 2022, the global vegan food market in 2021 attained the value of around USD 22 billion. Also the market is projected to attain the value of around USD 22 billion in 2025. Additionally, as per Statista - In 2021, the global organic food market was valued at approximately USD 227.1 billion, and it further projected to grow to USD 437.4 billion by 2026..Whereas rising demand for organic products and government support for organic farming create lucrative opportunities for the market. However, low consumer awareness hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Organic Soy Protein Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing awareness towards nutritional foods , growing vegan population. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing demand health consciousness and government focus towards organic foods . Along with this rising awareness towards gluten free , low cholesterol and low fat products is another major factor enhancing the market growth across the region .
Major market players included in this report are:
Archer Daniels Midland Company Inc.
Devansoy Inc.
Natural Products Inc.
Hodgson Mill
Agrawal Oil & Biochem
SunOpta, Inc.
Frank Food Products
Bunge Alimentos SA
Kraft Foods
Dean Foods Company
Recent Developments in the Market:
In February 2022, Benson Hill announced launch of the TruVail line of non-GMO soy protein ingredients. This new range comprised of high-protein flour soy protein concentrate and texturized proteins for use in soy protein and plant-based applications.
Global Organic Soy Protein Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Concentrates,
Isolates,
Textured Proteins
By Application:
Bakery and Confectionery,
Meat Extenders and Substitutes,
Nutritional Supplements,
Beverages,
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Archer Daniels Midland Company Inc.
Devansoy Inc.
Natural Products Inc.
Hodgson Mill
Agrawal Oil & Biochem
SunOpta, Inc.
Frank Food Products
Bunge Alimentos SA
Kraft Foods
Dean Foods Company
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