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Soy protein market has shown steady growth pattern in recent year’s majorly due to increasing awareness about the benefits of protein and growing demand for protein rich diet, growing health & wellness trend, increasing consumers‘ focus on meat alternatives, growing demand from food & beverage industry, and various advancements in ingredient technologies such as microencapsulation. In addition, increasing inclination towards vegan diet and emerging economies such as Latin America, South East Asia, and Africa provides significant opportunities to the manufacturers in the global soy protein market.Meticulous Research® in its latest publication on soy protein market states that the global soy protein market will increase at a CAGR of 6.6% from 2017 to 2022 to reach USD 5,888.4 million by 2022. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to well-established food and beverage industry, rising concerns over animal products and protein, increasing vegan population, growing preference for meat alternatives, increasing demand for healthy & nutritional products, and health & wellness trend.
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The report provides meticulous analysis of global soy protein market by segmenting it on the basis of type (soy protein concentrate, soy protein isolate, textured soy protein, and soy flour, grits, & chunks), by application (food & beverages, animal feed and pet food, and others). Wherein, among types, soy protein concentrate commanded the largest share in this market majorly due to factors such as its low cost than other types of soy protein and growing demand from meat and animal feed industry.
The key players analyzed in the global soy protein market are Archer Daniels Midland Company(U.S.), Cargill, Incorporated (U.S.), Kerry Group (Ireland), E.I. Dupont De Nemours and Company (U.S.), NOW Foods (U.S.), Burcon Nutrascience Corporation (Canada), Sotexpro (France), Farbest Brands (U.S.), Wilmar International Ltd. (Singapore), and CHS Inc. (U.S.).
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Key Topics Covered in This Report:
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Awareness about the Benefits of Protein and Growing Demand for Protein Rich Diet
4.2.2. Growing Health and Wellness Trend
4.2.3. Increasing Consumers’ Focus on Meat Alternatives
4.2.4. Growing Demand from Food and Beverage Industry
4.2.5. Advancement in Ingredient Technologies: Microencapsulation
4.3. Restraints
4.3.1. Significant Preference for Animal Based Protein
4.3.2. Fluctuating Raw Material Prices
4.3.3. Consumer Preference to Soy Free Products
4.4. Opportunities
4.4.1. Increasing Inclination towards Vegan Diet
4.4.2. Emerging Economies- Southeast Asia, Latin America, Middle East & Africa
4.5. Market Share Analysis by Key Players
5. Global Soy Protein Market, by Type
5.1. Introduction
5.1.1. Soy Protein Concentrates
5.1.2. Soy Protein Isolates
5.1.3. Textured Soy Protein
5.1.4. Soy Flour, Grits, and Chunks
6. Global Soy Protein Market, by Application
6.1. Introduction
6.2. Food and Beverages
6.2.1. Meat, Poultry, and Seafood
6.2.2. Meat Alternative
6.2.3. Bakery and Confectionary
6.2.4. Infant Food
6.2.5. Dairy and Dairy Replacements
6.2.6. Others
6.3. Animal Feed and Pet Food
6.4. Others
7. Soy Protein Market, by Geography
7.1. Introduction
7.2. North America
7.2.1. Introduction
7.2.2. U.S.
7.2.3. Canada
7.3. Europe
7.3.1. Introduction
7.3.2. Germany
7.3.3. France
7.3.4. U.K.
7.3.5. Italy
7.3.6. Spain
7.3.7. Rest of Europe
7.4. Asia-Pacific
7.4.1. Introduction
7.4.2. China
7.4.3. Japan
7.4.4. India
7.4.5. Australia
7.4.6. Rest of Asia-Pacific
7.5. Rest of World
7.5.1. Introduction
7.5.2. Latin America
7.5.3. Middle East and Africa
8. Competitive Landscape
8.1. Introduction
8.2. New Product Launches
8.3. Mergers & Acquisitions
8.4. Expansions
9. Company Profiles
9.1. Archer Daniels Midland Company
9.2. Cargill, Incorporated
9.3. Kerry Group
9.4. E.I. Dupont De Nemours and Company
9.5. NOW Foods (NOW Health Group, Inc.)
9.6. Burcon Nutrascience Corporation
9.7. SOTEXPRO SA (a Subsidiary of Gemef Industries)
9.8. Farbest-Tallman Foods Corporation (Farbest Brands)
9.9. Wilmar International
9.10. CHS Inc
10. Appendix
10.1. Questionnaire
10.2. Available Customization
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Website: https://www.meticulousresearch.com/product/soy-protein-market-2022/
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