Global Soy Protein Concentrates Market Growth 2023-2029

Global Soy Protein Concentrates Market Growth 2023-2029

According to our (LP Info Research) latest study, the global Soy Protein Concentrates market size was valued at US$ 2524.6 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Soy Protein Concentrates is forecast to a readjusted size of US$ 3148.5 million by 2029 with a CAGR of 3.2% during review period.

The research report highlights the growth potential of the global Soy Protein Concentrates market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Soy Protein Concentrates are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Soy Protein Concentrates. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Soy Protein Concentrates market.

Soy protein concentrate (SPC) is 65% soy protein and is basically defatted soy flour without the water-soluble carbohydrates. It is made by removing part of the carbohydrates (soluble sugars) from dehulled and defatted soybeans.

SPC has improved flavor characteristics compared to soy flour, and is used for a wide variety of applications in the food industry, especially with meat processing. SPC is also used as a source for high quality protein in milk, fish and meat analogs, and animal feeds.

Global Soy Protein Concentrates key players include ADM, CJ Selecta, IFF, Gushen Biotechnology Group and Caramuru Alimentos, which make up about 62%. Among them, ADM is the leader with about 22% market share.

China is the largest market, followed by Europe and North America. In terms of product type, Aqueous Alcohol Washing Process Product is the largest segment, with a share over 70%. And in terms of application, the largest application is Food Industrial, followed by Feed Industrial.

Key Features:

The report on Soy Protein Concentrates market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Soy Protein Concentrates market. It may include historical data, market segmentation by Type (e.g., Aqueous Alcohol Washing Process Product, Acid Washing Process Product), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Soy Protein Concentrates market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Soy Protein Concentrates market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Soy Protein Concentrates industry. This include advancements in Soy Protein Concentrates technology, Soy Protein Concentrates new entrants, Soy Protein Concentrates new investment, and other innovations that are shaping the future of Soy Protein Concentrates.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Soy Protein Concentrates market. It includes factors influencing customer ' purchasing decisions, preferences for Soy Protein Concentrates product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Soy Protein Concentrates market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Soy Protein Concentrates market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Soy Protein Concentrates market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Soy Protein Concentrates industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Soy Protein Concentrates market.

Market Segmentation:

Soy Protein Concentrates market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Aqueous Alcohol Washing Process Product
Acid Washing Process Product
Heat Denaturation Process Product

Segmentation by application
Food Industrial
Feed Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ADM
CJ Selecta
IFF
Gushen Biological Technology Group
Caramuru Alimentos
Yuwang Group
Shandong Wonderful Industrial Group
Fujian Changde Protein Science and Technology
Shandong Zhongyang Biotechnology
Shandong Yuxin Bio-Tech
Wilmar
Nordic Soya
IMCOPA
Solbar
MECAGROUP
Henan Shuguang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Soy Protein Concentrates market?

What factors are driving Soy Protein Concentrates market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Soy Protein Concentrates market opportunities vary by end market size?

How does Soy Protein Concentrates break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.