Bharat Book Bureau Provides the Trending Market Research Report on “Soy Protein Market by Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein), Crop Type (GMO Crops), Source Process (Conventional, Organic), Form (Solid, Liquid), Application (Food & Beverages, Animal Feed)—Global Forecasts to 2029”under Food & Beverage  Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

Executive Summary
Soy Protein Market by Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein), Crop Type (GMO Crops), Source Process (Conventional, Organic), Form (Solid, Liquid), Application (Food & Beverages, Animal Feed)—Global Forecasts to 2029

The research report titled ‘Soy Protein Market by Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein), Crop Type (GMO Crops), Source Process (Conventional, Organic), Form (Solid, Liquid), Application (Food & Beverages, Animal Feed)—Global Forecasts to 2029’ provides an in-depth analysis of soy protein market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2029. In terms of value, the soy protein market is projected to reach $14.10 billion by 2029, at a CAGR of 9.9% from 2022 to 2029, while in terms of volume, the market is projected to reach 7,698.9 thousand tons by 2029, at a CAGR of 7.3% from 2022 to 2029.

The growth of this market is attributed to the increasing awareness about the benefits of protein-rich diets, the rising demand for protein-rich food products, the rising health & wellness trends, the increasing demand for meat alternatives, the rising demand from the food & beverage industry, and advancements in ingredient technologies, such as microencapsulation.

The study comprehensively analyzes the soy protein market, which is segmented by type (soy protein concentrates, soy protein isolates, textured soy proteins, and soy flour, grits, & chunks), crop type (genetically modified organism crops and non-genetically modified organism crops), source process (conventional soy protein ingredients and organic soy protein ingredients), form (solid and liquid), application (food & beverages {meat, poultry, and seafood, bakery & confectionery, meat analogues, dairy & dairy alternatives, beverages, and other food & beverage applications}, animal feed, nutrition & health supplements, and other applications), and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on type, in 2022, the soy protein concentrates segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to its low cost compared to other proteins, potential health advantages associated with soy protein concentrate, the rising demand from the animal feed sector, increased use of soy protein concentrate in food applications, and an increase in the number of product launches. In addition, the growing demand for soy protein concentrates from the meat and animal feed industries drive the growth of this segment. However, the soy protein isolate segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the high demand for soy protein isolates from food & beverage manufacturers due to their nutritional and functional properties, including high protein content, neutral taste, and high viscosity.

Based on crop type, in 2022, the genetically modified organism crops segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the common use of GMO crops, such as soybean, for plant-based protein production due to their huge productivity and cost-effectiveness. However, the non-genetically modified organism crops segment is projected to register the highest CAGR during the forecast period.

Based on source process, in 2022, the conventional soy protein ingredients segment is expected to account for the largest share of the soy protein market. However, the organic soy protein ingredients segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing demand for preservatives and additive-free products. In addition, the increasing trend of clean-label products, which are natural with fewer chemicals and additives, due to consumers’ preferences is also driving the growth of this segment.

Based on form, in 2022, the solid segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the growing demand for powder soy protein, ease of handling and transport, lower costs, lower chances of formulation errors, and their capability to maintain ingredient stability. Moreover, this segment is also projected to register the highest CAGR during the forecast period.

Based on application, in 2022, the food & beverages segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the high consumer demand for sustainable products, the growing awareness about the health benefits of consuming soy protein, the rising awareness about the harmful effects of consuming animal-based products and ingredients, the increasing vegan population, and rising meat prices and clean label trend.

Based on geography, the protein market in North America is developing and expanding at a significant pace. The large share of this region is primarily attributed to the well-established food & beverage industry, the rising concerns about the negative effects of animal-derived products and protein, the increasing vegan population, the growing preference for plant-based food products, the increasing demand for healthy & nutritional products, the rising health & wellness trends, and the growing consumer awareness about the health benefits of consuming soy protein.

However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The rapid growth of this region is mainly attributed to the large vegetarian population, the growing awareness about the importance of consuming protein-rich diets, technological advancements in the food & beverage industry, and the wide availability of raw materials.

The key players operating in the soy protein market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Kerry Group plc (Ireland), International Flavors & Fragrances Inc. (U.S.), NOW Health Group, Inc. (U.S.), Burcon NutraScience Corporation (Canada), Sotexpro (France), Farbest Brands (U.S.), Wilmar International Limited (Singapore), CHS Inc. (U.S.), and Devansoy Inc. (U.S.).

Scope of the report
Soy Protein Market, by Type
•Soy Protein Concentrates
•Soy Protein Isolates
•Textured Soy Proteins
•Other Types (Soy Flour, Grits, & Chunks)
Soy Protein Market, by Crop Type
•Genetically Modified Organism Crops
•Non-Genetically Modified Organism Crops
Soy Protein Market, by Source Process
•Conventional Soy Protein Ingredients
•Organic Soy Protein Ingredients
Soy Protein Market, by Form
•Solid/Dry
•Liquid
Soy Protein Market, by Application
•Food & Beverages
oMeat, Poultry, and Seafood
oBakery & Confectionery
oMeat Analogues
oDairy & Dairy Alternatives
oBeverages
oOther Food & Beverage Applications
•Animal Feed
•Nutrition & Health Supplements
•Other Applications
Soy Protein Market, by Geography
•North America
oU.S.
oCanada
•Europe
oGermany
oFrance
oU.K.
oItaly
oSpain
oRest of Europe (RoE)
•Asia-Pacific
oChina
oJapan
oIndia
oAustralia
oRest of Asia-Pacific (RoAPAC)
•Latin America
•Middle East & Africa

Key Questions Answered in the Report-
•Which are the high-growth market segments in terms of type, crop type, source process, form, application, and geography?
•What is the historical market size for the soy protein market?
•What are the market forecasts and estimates for the period 2022–2029?
•What are the major drivers, restraints, and opportunities in the soy protein market?
•Who are the major players in the market, and what share of the market do they hold?
•Who are the major players in various countries, and what market share do they hold?
•How is the competitive landscape for the soy protein market?
•What are the recent developments in the soy protein market?
•What are the different strategies adopted by the major players in the market?
•What are the key geographic trends, and which are the high-growth countries?
•Who are the local emerging players in the soy protein market, and how do they compete with other players?

 Browse our full report with Table of Content : https://www.bharatbook.com/report/1378549/soy-protein-market-by-type-soy-protein-concentrates-soy-protein-isolates-textured-soy-protein-crop-type-gmo-crops-source-process-conventional-organic-form-solid-liquid-application-food-beverages-animal-feedglobal-forecasts-to

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