Global Soy Protein Ingredients Market Forecast till 2028

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The global soy protein ingredients market is expected to witness a CAGR of 7.45% and reach a value of USD 13.55 billion by 2028.

Description

Global Soy Protein Ingredients Market

Market Overview
the global soy protein ingredients market is expected to witness a CAGR of 7.45% and reach a value of USD 13.55 billion by 2028. Soy protein ingredients are separated from soybean. They are majorly accessible in three sorts including soy flour, soy protein isolates, and soy protein concentrate.

On the other hand, soy protein fixings are broadly utilized in feed products, including pet food, animal feed, and water feed. Soy protein fixings have application in drugs and nutraceuticals. Soy protein fixings are considered one of the most affordable sources of protein. The expanding commonness of lactose intolerance and rising consumer inclination for a veggie lover and vegan diet is required to drive the growth of the global soy protein fixings market for the forecast period.

The global Soy Protein market is anticipated to register a significant market expansion during the review period owing to the great application scope of soy protein ingredients worldwide. Additionally, the rising predominance of protein narrow-mindedness and developing buyer inclination for a veggie lover and vegan diet is driving the development of the worldwide soy protein ingredients market.

The developing selection of plant-protein ingredients among the food and drinks producers, trailed by a change in customer inclination toward natural ingredients, has set out new open doors for soy protein fixing makers. Nonetheless, the allergen response related to soy is controlling the development of the market.

Segment Overview
Global Soy Protein Ingredients Market has been classified into Type, Application, and region.
By type segment, the global soy protein ingredients market has been classified into soy protein concentrates, soy protein isolates, soy flours, and others. Soy protein concentrates are further been bifurcated into powder and textured soy concentrate.

In terms of application, the global soy protein ingredients market has been classified into food & beverages, feed, and pharmaceuticals & nutraceuticals. The food& beverages segment is further segmented into bakery & confectionery, meat alternatives, meat products, functional foods, dairy replacement products, infant nutrition, and others.

Regional Analysis
The region-specific analysis of the global soy protein ingredients market has been classified into North America, Europe, Asia-Pacific, and the Rest of the World.

North America is likely to command the market having a share of 33.58% in 2020. The region is expected to register a CAGR of 4.37% during the review period.

Europe was accounted for USD 2,606.58 million in 2020 registering the second-largest market. the market is projected to exhibit steady growth during the forecast period. The Soy Protein market in Asia-Pacific is expected to register as the fastest-growing market during the assessment period.

Major players
the major market players of the global Soy protein ingredient market are Archer Daniels Midland Company (US), DuPont (US), Cargill Incorporated (US), Wilmar International Limited (Singapore), The Nisshin OilliO Group, Ltd (Japan), CHS Inc. (US), Devansoy Inc. (US), Ag Processing Inc. (US), Ruchi Soya Industries Limited (India), Natural Products, Inc. (the US), BIC Services (Netherlands), Gushen Biological Technology Group Co., Ltd (China), Partner-M (Russia), Sonic Biochem (India), and International Flavors & Fragrances Inc. (US).

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 16 1.1 MARKET ATTRACTIVENESS ANALYSIS 17 1.1.1 GLOBAL SOY PROTEIN INGREDIENTS MARKET, BY TYPE 18 1.1.2 GLOBAL SOY PROTEIN INGREDIENTS MARKET, APPLICATION 19 1.1.3 GLOBAL SOY PROTEIN INGREDIENTS MARKET, BY REGION 20 2 MARKET INTRODUCTION 21 2.1 DEFINITION 21 2.2 SCOPE OF THE STUDY 21 2.3 RESEARCH OBJECTIVE 21 2.4 MARKET STRUCTURE 22 2.5 KEY BUYING CRITERIA 23 3 RESEARCH METHODOLOGY 24 3.1 RESEARCH PROCESS 24 3.2 PRIMARY RESEARCH 25 3.3 SECONDARY RESEARCH 26 3.4 MARKET SIZE ESTIMATION 26 3.5 FORECAST MODEL 28 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29 4 MARKET DYNAMICS 30 4.1 INTRODUCTION 30 4.2 DRIVERS 31 4.2.1 WIDENING APPLICATION SCOPE 31 4.2.2 RISING PREVALENCE OF LACTOSE INTOLERANCE 31 4.2.3 INCREASING ADOPTION OF VEGETARIAN AND VEGAN DIET 32 4.2.4 DRIVERS IMPACT ANALYSIS 32 4.3 RESTRAINT 33 4.3.1 ALLERGEN REACTION ASSOCIATED WITH SOY 33 4.3.2 RESTRAINT IMPACT ANALYSIS 33 4.4 OPPORTUNITIES 34 4.4.1 RISING ADOPTION OF PLANT-PROTEIN INGREDIENTS AMONG THE FOOD & BEVERAGES MANUFACTURERS 34 4.4.2 CONSUMER PREFERENCE FOR ORGANIC PROTEIN PRODUCTS 34 5 MARKET FACTOR ANALYSIS 35 5.1 VALUE CHAIN ANALYSIS 35 5.1.1 RAW MATERIAL PROCUREMENT 36 5.1.2 PROCESSING 36 5.1.3 PACKAGING 37 5.2 SUPPLY CHAIN ANALYSIS 38 5.3 PORTER’S FIVE FORCES MODEL 39 5.3.1 THREAT OF NEW ENTRANTS 39 5.3.2 BARGAINING POWER OF SUPPLIERS 40 5.3.3 BARGAINING POWER OF BUYERS 40 5.3.4 THREAT OF SUBSTITUTES 40 5.3.5 INTENSITY OF RIVALRY 40 6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL SOY PROTEIN INGREDIENTS MARKET 41 7 GLOBAL SOY PROTEIN INGREDIENTS MARKET, BY TYPE 44 7.1 OVERVIEW 44 7.1.1 GLOBAL SOY PROTEIN INGREDIENTS MARKET ESTIMATES & FORECAST, BY TYPE, 2019–2028 45 7.2 SOY PROTEIN CONCENTRATES 45 7.2.1 SOY PROTEIN CONCENTRATES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46 7.3 SOY PROTEIN ISOLATES 46 7.3.1 SOY PROTEIN ISOLATES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47 7.4 SOY FLOURS 47 7.4.1 SOY FLOURS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47 7.5 OTHERS 48 7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 48 8 GLOBAL SOY PROTEIN INGREDIENTS MARKET, BY APPLICATION 49 8.1 OVERVIEW 49 8.1.1 GLOBAL SOY PROTEIN INGREDIENTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019–2028 50 8.2 FOOD & BEVERAGES 50 8.2.1 FOOD & BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51 8.3 FEED 51 8.3.1 FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52 8.4 PHARMACEUTICALS & NUTRACEUTICALS 52 8.4.1 PHARMACEUTICALS & NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52 9 GLOBAL SOY PROTEIN INGREDIENTS MARKET, BY REGION 54 9.1 OVERVIEW 54 9.2 NORTH AMERICA 56 9.2.1 US 58 9.2.1.1 BY SEGMENTS 58 9.2.1.2 TYPE, BY APPLICATION 60 9.2.2 CANADA 64 9.2.2.1 BY SEGMENTS 64 9.2.2.2 TYPE, BY APPLICATION 65 9.2.3 MEXICO 68 9.2.3.1 BY SEGMENTS 68 9.2.3.2 TYPE, BY APPLICATION 70 9.3 EUROPE 74 9.3.1 GERMANY 76 9.3.1.1 BY SEGMENTS 76 9.3.1.2 TYPE, BY APPLICATION 78 9.3.2 UK 81 9.3.2.1 BY SEGMENTS 81 9.3.2.2 TYPE, BY APPLICATION 83 9.3.3 FRANCE 86 9.3.3.1 BY SEGMENTS 86 9.3.3.2 TYPE, BY APPLICATION 88 9.3.4 ITALY 91 9.3.4.1 BY SEGMENTS 91 9.3.4.2 TYPE, BY APPLICATION 93 9.3.5 SPAIN 96 9.3.5.1 BY SEGMENTS 96 9.3.5.2 TYPE, BY APPLICATION 98 9.3.6 REST OF EUROPE 101 9.3.6.1 BY SEGMENTS 101 9.3.6.2 TYPE, BY APPLICATION 103 9.4 ASIA-PACIFIC 107 9.4.1 CHINA 109 9.4.1.1 BY SEGMENTS 109 9.4.1.2 TYPE, BY APPLICATION 111 9.4.2 INDIA 114 9.4.2.1 BY SEGMENTS 114 9.4.2.2 TYPE, BY APPLICATION 116 9.4.3 JAPAN 119 9.4.3.1 BY SEGMENTS 119 9.4.3.2 TYPE, BY APPLICATION 121 9.4.4 AUSTRALIA & NEW ZEALAND 124 9.4.4.1 BY SEGMENTS 124 9.4.4.2 TYPE, BY APPLICATION 126 9.4.5 REST OF ASIA-PACIFIC 129 9.4.5.1 BY SEGMENTS 129 9.4.5.2 TYPE, BY APPLICATION 131 9.5 REST OF THE WORLD 135 9.5.1 SOUTH AMERICA 137 9.5.1.1 BY SEGMENTS 137 9.5.1.2 TYPE, BY APPLICATION 139 9.5.2 MIDDLE EAST 142 9.5.2.1 BY SEGMENTS 142 9.5.2.2 TYPE, BY APPLICATION 144 9.5.3 AFRICA 147 9.5.3.1 BY SEGMENTS 147 9.5.3.2 TYPE, BY APPLICATION 149 10 COMPETITIVE LANDSCAPE 153 10.1 INTRODUCTION 153 10.1.1 MARKET STRATEGY ANALYSIS 153 10.2 COMPETITIVE BENCHMARKING 154 10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 155 10.3.1 PRODUCT LAUNCH 155 10.3.2 EXPANSION 155 10.3.3 ACQUISITION 155 11 COMPANY PROFILES 156 11.1 ARCHER DANIELS MIDLAND COMPANY 156 11.1.1 COMPANY OVERVIEW 156 11.1.2 FINANCIAL OVERVIEW 157 11.1.3 PRODUCTS OFFERED 158 11.1.4 KEY DEVELOPMENTS 158 11.1.5 SWOT ANALYSIS 159 11.1.6 KEY STRATEGIES 159 11.2 DUPONT 160 11.2.1 COMPANY OVERVIEW 160 11.2.2 FINANCIAL OVERVIEW 161 11.2.3 PRODUCTS OFFERED 162 11.2.4 KEY DEVELOPMENTS 162 11.2.5 SWOT ANALYSIS 163 11.2.6 KEY STRATEGIES 163 11.3 CARGILL INCORPORATED 164 11.3.1 COMPANY OVERVIEW 164 11.3.2 FINANCIAL OVERVIEW 164 11.3.3 PRODUCTS OFFERED 165 11.3.4 KEY DEVELOPMENTS 165 11.3.5 SWOT ANALYSIS 165 11.3.6 KEY STRATEGIES 165 11.4 WILMAR INTERNATIONAL LIMITED 166 11.4.1 COMPANY OVERVIEW 166 11.4.2 FINANCIAL OVERVIEW 166 11.4.3 PRODUCTS OFFERED 167 11.4.4 KEY DEVELOPMENTS 167 11.4.5 KEY STRATEGIES 167 11.5 THE NISSHIN OILLIO GROUP, LTD 168 11.5.1 COMPANY OVERVIEW 168 11.5.2 FINANCIAL OVERVIEW 168 11.5.3 PRODUCTS OFFERED 169 11.5.4 KEY DEVELOPMENTS 169 11.5.5 KEY STRATEGIES 169 11.6 CHS INC. 170 11.6.1 COMPANY OVERVIEW 170 11.6.2 FINANCIAL OVERVIEW 170 11.6.3 PRODUCTS OFFERED 171 11.6.4 KEY DEVELOPMENTS 171 11.6.5 SWOT ANALYSIS 172 11.6.6 KEY STRATEGIES 172 11.7 DEVANSOY INC. 173 11.7.1 COMPANY OVERVIEW 173 11.7.2 FINANCIAL OVERVIEW 173 11.7.3 PRODUCTS OFFERED 173 11.7.4 KEY DEVELOPMENTS 173 11.7.5 KEY STRATEGIES 173 11.8 AG PROCESSING INC. 174 11.8.1 COMPANY OVERVIEW 174 11.8.2 FINANCIAL OVERVIEW 174 11.8.3 PRODUCTS OFFERED 174 11.8.4 KEY DEVELOPMENTS 175 11.8.5 KEY STRATEGIES 175 11.9 RUCHI SOYA INDUSTRIES LIMITED 176 11.9.1 COMPANY OVERVIEW 176 11.9.2 FINANCIAL OVERVIEW 176 11.9.3 PRODUCTS OFFERED 177 11.9.4 KEY DEVELOPMENTS 177 11.9.5 KEY STRATEGIES 177 11.10 NATURAL PRODUCTS, INC. 178 11.10.1 COMPANY OVERVIEW 178 11.10.2 FINANCIAL OVERVIEW 178 11.10.3 PRODUCTS OFFERED 178 11.10.4 KEY DEVELOPMENTS 178 11.10.5 KEY STRATEGIES 178 11.11 BIC SERVICES 179 11.11.1 COMPANY OVERVIEW 179 11.11.2 FINANCIAL OVERVIEW 179 11.11.3 PRODUCTS OFFERED 179 11.11.4 KEY DEVELOPMENTS 179 11.11.5 KEY STRATEGIES 179 11.12 GUSHEN BIOLOGICAL TECHNOLOGY GROUP CO., LTD 180 11.12.1 COMPANY OVERVIEW 180 11.12.2 FINANCIAL OVERVIEW 180 11.12.3 PRODUCTS OFFERED 180 11.12.4 KEY DEVELOPMENTS 180 11.12.5 KEY STRATEGIES 180 11.13 PARTNER-M 181 11.13.1 COMPANY OVERVIEW 181 11.13.2 FINANCIAL OVERVIEW 181 11.13.3 PRODUCTS OFFERED 181 11.13.4 KEY DEVELOPMENTS 181 11.13.5 KEY STRATEGIES 181 11.14 SONIC BIOCHEM 182 11.14.1 COMPANY OVERVIEW 182 11.14.2 FINANCIAL OVERVIEW 182 11.14.3 PRODUCTS OFFERED 182 11.14.4 KEY DEVELOPMENTS 183 11.14.5 SWOT ANALYSIS 184 11.14.6 KEY STRATEGIES 184 11.15 INTERNATIONAL FLAVORS & FRAGRANCES, INC. 185 11.15.1 COMPANY OVERVIEW 185 11.15.2 FINANCIAL OVERVIEW 185 11.15.3 PRODUCTS OFFERED 186 11.15.4 KEY DEVELOPMENTS 186 11.15.5 KEY STRATEGIES 186 12 REFERENCES 187