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Global Soy Protein Market Size, Share, Trends, Forecast: By Type: Isolate, Concentrate, Textured Soy Protein; By Application: Bakery and Confectionery, Functional Foods, Pharmaceuticals, Meat Additives, Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Soy Protein Market Analysis
8.1 Key Industry Highlights
8.2 Global Soy Protein Historical Market (2018-2023)
8.3 Global Soy Protein Market Forecast (2024-2032)
8.4 Global Soy Protein Market by Type
8.4.1 Isolate
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Concentrate
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Textured Soy Protein
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Soy Protein Market by Application
8.5.1 Bakery and Confectionery
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Functional Foods
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceuticals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Meat Additives
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Feed
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Soy Protein Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Soy Protein Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Soy Protein Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Spain
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Asia Pacific Soy Protein Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Soy Protein Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Soy Protein Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cargill, Incorporated
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Wilmar International Limited
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 CHS Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Nutrition & Biosciences
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Archer Daniels Midland Company
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Soy Protein Market: Key Industry Highlights, 2018 and 2032
2. Global Soy Protein Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Soy Protein Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Soy Protein Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Soy Protein Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Soy Protein Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Soy Protein Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Soy Protein Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Soy Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Soy Protein Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Soy Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Soy Protein Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Soy Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Soy Protein Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Soy Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Soy Protein Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Soy Protein Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Soy Protein Market Structure
Key Questions Answered in the Report
In 2023, the global soy protein market attained a value of nearly USD 10.52 billion.
The market is projected to grow at a CAGR of 7% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 19.34 billion by 2032.
The major drivers of the market include the growing population, rising food market and the rising demand for plant proteins.
The soy protein market is being aided by growing trend of health and wellness diets, which require high-protein intake.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Isolate, concentrate and texturised soy protein are the leading types of the market.
Bakery and confectionery, functional foods, pharmaceuticals, meat additives, feed, among others are the leading applications in the market.
The major players in the market are Archer Daniels Midland Company, Nutrition & Biosciences, Cargill Incorporated, Wilmar International Limited, and CHS Inc., among others.
Analyst Review
The global soy protein market attained a value of USD 10.52 billion in 2023, driven by the increasing focus of the organisations on optimising customer experience and operational efficiencies. The market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 7%. The market is projected to reach USD 19.34 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on its types, the soy protein market can be segmented into isolate, concentrate, and textured soy protein. On the basis of applications, the market is divided into bakery and confectionery, functional foods, pharmaceuticals, meat additives, feed, among others. The major regional markets for soy protein 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, Nutrition & Biosciences, Cargill Incorporated, Wilmar International Limited, and CHS Inc., 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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