Soy Protein Market – Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Soy Protein Market – Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Soy protein has high health benefits such as it lowers cholesterol levels and is fat free. Moreover, organic soy protein-based products such as cosmetics and food items attract health conscious people. As per the World Bank data, in 2012, the world’s health expenditure was 9.41% of the global GDP, which increased and reached 9.90% in 2015. This exhibits that people are ready to pay high prices for better health and therefore, it is expected to boost growth of the organic segment in the soy protein market during the forecast period.
Market Dynamics
Among applications, food & beverages segment held the largest market share in 2021, owing to longer shelf life of soy proteins and as it is a direct source of vitamins, minerals, and omega-3. Moreover, cosmetics and dairy industry are observing various soy protein based trends. For instance, soy protein-based milk, ice-creams, protein powder, cookies, shampoos, conditioners, and others are among the latest trends and are expected to attract users during the forecast period.
Among source, conventional segment held the largest market share in 2021, owing to its lower price as compared to organic soy proteins. Therefore, organic soy proteins are not affordablt by all. Moreover, organic-based soy protein products are expected to witness significant growth during the forecast period, owing to increasing awareness about human health.
Among regions, Asia Pacific region held dominant position in the soy As per the U.S. FDA, in 2016-17, in China, the soybean production was 13,644 million metric tons, which increased and reached 15,900 million metric tons by March 2019. Increasing soybean production in the region is expected to drive growth of the soy protein market in Asia Pacific during the forecast period.
Key features of the study:
This report provides in-depth analysis of soy protein market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global soy protein market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Archer Daniels Midland Company, Cargill Inc., DowDuPont Inc., Imcopa Food Ingredients B.V., CHS Inc., Crown Soya Protein Group, Wilmer International Ltd., Foodchem, Kerry Ingredients Inc., Burcon NutraScience Corporation, and others
Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global soy protein market report caters to various stakeholders in this industry including investors, suppliers, soy protein manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the soy protein market
Detailed Segmentation:
Global Soy Protein Market, By Source:
Organic
Conventional
Global Soy Protein Market, By Product Type:
Isolates
Concentrates
Others (Hydrolysates/Flour, etc.)
Global Soy Protein Market, By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others (Adhesives, Plastics, etc.)
Global Soy Protein market, By Region:
North America
U.S.
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Canada
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Europe
U.K.
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Germany
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Italy
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
France
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Russia
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Rest of Europe
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Asia Pacific
China
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
India
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Japan
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
ASEAN
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Australia
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
South Korea
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Rest of Asia Pacific
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Latin America
Brazil
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Mexico
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Argentina
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Rest of Latin America
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Middle East & Africa
Middle East
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Africa
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others
Company Profiles
Archer Daniels Midland Company *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Cargill Inc.
DowDuPont Inc.
Imcopa Food Ingredients B.V.
CHS Inc.
Crown Soya Protein Group
Wilmer International Ltd.
Foodchem
Kerry Ingredients Inc.,
Burcon NutraScience Corporation
“*” marked represents similar segmentation in other categories in the respective section.