Quadintel published a recovery-based report for Global “Soy Protein Concentrate Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
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Global Soy Protein Concentrate Market is valued approximately USD 3.48 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.8 % over the forecast period 2020-2027.
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Soy Protein Concentrate is a type of protein which is made from soybean meal that has been dehulled and defatted. Consuming this product helps in keeping the body healthy due to the presence of large amount of proteins that are beneficial for all age groups. The major driver for Soy Protein Concentrate Market is that the population has been shifting towards being vegan. Vegan population needs to take ample amount of protein that they find in soy products, which is an alternative to meat products.
For instance, according to the viva.org.uk data of 2020, there has been a 600% increase in people turning vegan in the U.S in the last three years. The other driver that is expected to boost the market growth is that soy protein concentrates are affordable to all the categories of population. At low cost they can provide a good amount of proteins needed by the human body. However, rise in the ban on soy products of Gm origin and unpleasant flavor of soy products may impede the growth of the market over the forecast period of 2020-2027. Also, with the rising research & development to make soy products with better flavors and developing end-use industries, the adoption & demand for soy protein concentrate is likely to increase.
The regional analysis of global Soy Protein Concentrate market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the innovation by the manufacturers and the growing obesity in the population, they have become more aware in changing their lifestyle and diet pattern. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising disposable income, availability of raw material and people preferring balanced diet to remain healthy & fit would create lucrative growth prospects for the Soy Protein Concentrate market across Asia-Pacific region.
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Major market player included in this report are:
Archer-Daniels-Midland Company Sojaprotein
IMCOPA
CHS
Cargill
Goldensea Foodstuff Industry
Gushen Biological Technology Group
Tiancheng Agricultural Development Group
Yuwang Group
Shandong Yuxin Bio-Tech
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Type:
Soy Isolates
Soy Concentrates
Textured Soy Protein
By Application:
Bakery & Confectionery
Meat Extenders & Substitutes
Nutritional Supplements
Others
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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
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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