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Soy protein is one of the most widely used sources of plant protein in the food industry. The nutritious and versatile nature of soy protein makes it an economical and reliable option to be used as a flavouring agent in food and beverage innovations. This is aiding the growth of the soy protein industry. Moreover, hydrolysed soy protein solutions support the development of high-protein products, ranging from sports nutrition and weight management to general health and wellness. Such products can further be consumed by children, pregnant women, health enthusiasts, and active older individuals to meet their protein needs. The easy availability of these products through retail channels like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is expected to further propel the market growth.
DuPont de Nemours, Inc. (NYSE: DD), one of the leading players in the industry, offers a range of soy protein solutions and products for developing healthy, consumer-friendly snacks under the name SUPRO® soy protein. These soy protein ingredients are ideal for the preparation of nutrition bars, cookies, muffins, chips, and cereals, among others, thus, fulfilling the rising consumer demand for tasty as well as healthy diet. The development of such innovative solutions by the companies is expected to significantly contribute to the hydrolysed soy protein industry growth in the forecast period.
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The major players in the global hydrolysed soy protein market are DuPont de Nemours, Inc., A. Costantino & C. spa, Titan Biotech Limited, Chaitanya Biologicals Private Limited, and Vinayak Ingredients (India) Pvt. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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