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Global Soy Protein Ingredient Market: By Type: Soy Isolates, Soy Concentrates, Textured Soy Protein; By Application: Bakery Products and Confectionery, Meat Extenders and Substitutes, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Soy Protein Ingredient Market Outlook

The global soy protein ingredient market stood at a value of around USD 8.4 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 2.70% to reach USD 9.8 billion by 2027.

 

Soy Isolates Segment Based on Type Holds a Significant Share in the Global Soy Protein Ingredient Industry

Based on type, the soy isolates segment accounts for a significant share in the market owing to the growing utilisation of soy protein isolates for infant foods, breakfast cereal, and processed meats. Additionally, soy isolate is an affordable protein option that can be easily added to one’s diet to help boost energy, build muscle, or lose weight. It is widely utilised to prepare food products for people inclined towards health and fitness. Moreover, soy isolate can help maintain hormonal balance and reduce the risk of breast cancer, heart disease, and osteoporosis, thereby aiding the market growth.

 

Global Soy Protein Ingredient Market

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The Asia Pacific Accounts for a Significant Share of the Soy Protein Ingredient Industry

The soy protein ingredient industry in the Asia Pacific is driven by the growing availability of soy protein-based products in the region, owing to the rapid development of supermarkets and hypermarkets and retail stores. The changing consumer lifestyle owing to their hectic and busy schedule is anticipated to augment the market growth in the region. Furthermore, the rapid investments by the manufacturers and the increasing demand for animal-based protein alternatives are anticipated to further propel the market growth.

 

Soy Protein Ingredient: Market Segmentation

Soy protein ingredient is defined as a type of protein which is extracted from soybeans. Soy protein ingredient is considered a healthy option owing to its nutritional profile. In addition to this, soy protein ingredient can also be consumed in the form of powder and are utilised in tofu, tempeh, and soy milk, among others.

Based on type, the market can be segmented into:

  • Soy Isolates
  • Soy Concentrates
  • Textured Soy Protein

The major applications of the product include:

  • Bakery Products and Confectionery
  • Meat Extenders and Substitutes
  • Nutritional Supplements
  • Beverages
  • Animal Feed and Pet Food
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Thriving Food and Beverage Industry to Boost the Growth of the Soy Protein Ingredient Industry

The global soy protein ingredient industry is driven by the thriving food and beverage industry, which is being supported by factors like rising disposable incomes, increasing population, and the rising demand for clean-labelled food products. In addition to this, the increasing inclination of consumers towards health and fitness and muscle building is anticipated to propel the demand for soy protein ingredients. Moreover, the increasing consumer preference for vegan products is likely to enhance the popularity of plant-based protein, which, in turn, is expected to significantly contribute to the industry growth in the forecast period.

 

Key Industry Players in the Global Soy Protein Ingredient Market

The report gives a detailed analysis of the following key players in the global soy protein ingredient market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Archer Daniels Midland Company
  • The Scoular Company
  • Wilmar International Ltd
  • FUJI OIL HOLDINGS INC.
  • Sonic Biochem Limited
  • Farbest-Tallman Foods Corporation
  • Foodchem International Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Soy Isolates, Soy Concentrates, Textured Soy Protein
Breakup by Application Bakery Products and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, Animal Feed and Pet Food, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Archer Daniels Midland Company, The Scoular Company, Wilmar International Ltd,
FUJI OIL HOLDINGS INC., Sonic Biochem Limited, Farbest-Tallman Foods Corporation, Foodchem International Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Soy Protein Ingredient Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Soy Protein Ingredient Historical Market (2017-2021) 
    8.3    Global Soy Protein Ingredient Market Forecast (2022-2027)
    8.4    Global Soy Protein Ingredient Market by Type
        8.4.1    Soy Isolates
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Soy Concentrates
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Textured Soy Protein
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.1    Global Soy Protein Ingredient Market by Application
        8.1.1    Bakery Products and Confectionery
            8.1.1.1    Market Share
            8.1.1.2    Historical Trend (2017-2021)
            8.1.1.3    Forecast Trend (2022-2027)
        8.1.2    Meat Extenders and Substitutes
            8.1.2.1    Market Share
            8.1.2.2    Historical Trend (2017-2021)
            8.1.2.3    Forecast Trend (2022-2027)
        8.1.3    Nutritional Supplements
            8.1.3.1    Market Share
            8.1.3.2    Historical Trend (2017-2021)
            8.1.3.3    Forecast Trend (2022-2027)
        8.1.4    Beverages
            8.1.4.1    Market Share
            8.1.4.2    Historical Trend (2017-2021)
            8.1.4.3    Forecast Trend (2022-2027)
        8.1.5    Animal Feed and Pet Food
            8.1.5.1    Market Share
            8.1.5.2    Historical Trend (2017-2021)
            8.1.5.3    Forecast Trend (2022-2027)
        8.1.6    Others
    8.2    Global Soy Protein Ingredient Market by Region
        8.2.1    Market Share
            8.2.1.1    North America
            8.2.1.2    Europe
            8.2.1.3    Asia Pacific
            8.2.1.4    Latin America
            8.2.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Archer Daniels Midland Company
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    The Scoular Company
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Wilmar International Ltd
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    FUJI OIL HOLDINGS INC.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Sonic Biochem Limited
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Farbest-Tallman Foods Corporation
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Foodchem International Corporation
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Soy Protein Ingredient Market: Key Industry Highlights, 2017 and 2027
2.    Global Soy Protein Ingredient Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Soy Protein Ingredient Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Soy Protein Ingredient Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Soy Protein Ingredient Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Soy Protein Ingredient Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Soy Protein Ingredient Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Soy Protein Ingredient Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Soy Protein Ingredient Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Soy Protein Ingredient Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Soy Protein Ingredient Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Soy Protein Ingredient Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Soy Protein Ingredient Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Soy Protein Ingredient Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Soy Protein Ingredient Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Soy Protein Ingredient Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Soy Protein Ingredient Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Soy Protein Ingredient Market Structure

Key Questions Answered in the Report

In 2021, the global soy protein ingredient market attained a value of nearly USD 8.4 billion.

The market is estimated to grow at a CAGR of 2.70% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 9.8 billion by 2027.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the industry, such as the rising demand for soy protein ingredients in bakery and confectionery applications, advancements in the food processing sector and expanding manufacturing capabilities, rising disposable incomes, and rising health awareness, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing consumer inclination towards animal-based protein substitutes.

Soy isolates, soy concentrates, and textured soy protein are the major types of soy protein ingredients in the market.

Bakery products and confectionery, meat extenders and substitutes, nutritional supplements, beverages, and animal feed and pet food, among others are the different applications of the product.

The major players in the industry are Archer Daniels Midland Company, The Scoular Company, Wilmar International Ltd, FUJI OIL HOLDINGS INC., Sonic Biochem Limited, Farbest-Tallman Foods Corporation, and Foodchem International Corporation, among others.

Analyst Review

The global soy protein ingredient market attained a value of USD 8.4 billion in 2021, driven by the thriving food and beverage industry. Aided by the rising demand for bakery products and plant-based protein, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 2.70%. The market is projected to reach USD 9.8 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into soy isolates, soy concentrates, and textured soy protein. On the basis of application, the market is divided into bakery products and confectionery, meat extenders and substitutes, nutritional supplements, beverages, and animal feed and pet food, among others. The major regional markets for soy protein ingredient are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Archer Daniels Midland Company, The Scoular Company, Wilmar International Ltd, FUJI OIL HOLDINGS INC., Sonic Biochem Limited, Farbest-Tallman Foods Corporation, and Foodchem International Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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