Global Soy Flour Market 2022-2026
Technavio has been monitoring the soy flour market and it is poised to grow by $852.84 mn during 2022-2026, accelerating at a CAGR of 5.31% during the forecast period. Our report on the soy flour market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing vegan population, rising demand for organic products, and government support for organic farming.
The soy flour market analysis includes application segment and geographic landscape.
Technavio's soy flour market is segmented as below:
By Application
- Bakery and confectionery
- Meat substitutes
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the high nutritional value of soybeans as one of the prime reasons driving the soy flour market growth during the next few years. Also, growth in online retails and growing demand for soy flour from food and beverage industry will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the soy flour market covers the following areas:
- Soy flour market sizing
- Soy flour market forecast
- Soy flour market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soy flour market vendors that include Archer Daniels Midland Co., Batory Foods, Bobs Red Mill Natural Foods Inc., Calpro Specialities, Cargill Inc., CHS Inc., Devansoy Inc., Foodchem International Corp., International Flavors and Fragrances Inc., Kerry Group Plc, Linyi Shansong Biological Products Co. Ltd., PacificSoybean and Grain, Qingdao ICD Biochemistry Co.Ltd., Sakthi Soyas Ltd, Shandong Yuxin Biotechnology Co. Ltd., Soy Austria GmbH, Sonic Biochem Extraction Pvt. Ltd., Unitechem Co. Ltd., and The Scoular Co.. Also, the soy flour market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.