The global demand for Soy Protein Concentrate Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Soy protein concentrate is a product obtained by processing mature dehulled soybeans to increase its protein concentration and improve flavor. It has high fiber content, folate, and is a good source of calcium, iron, and magnesium. Soy protein concentrate is available as a powder or as flakes and is often used as an ingredient in snack or energy bars, infant foods, breakfast cereals, meat sausages, pet foods, beverages, and protein shakes. There are different grades of concentrate manufactured with varying isoflavone contents. The most important functional characteristics of soy protein concentrate are fat binding, water binding, and emulsification properties. Soy protein concentrate is easily digestible and is safe for children, pregnant and lactating mothers, and the elderly.
Market Dynamics
The primary stimulant for the growth of soy protein concentrate is the rising demand for cost-effective, nutritious, and sustainable meat alternatives. The increased use of the concentrate as a flavor enhancer, moisture retainer, and texturizer in processed foods will boost market growth. The growing adoption of pets in modern households and soy in animal/pet foods will be a market booster. The rise in investments to produce innovative and customer-preferred flavors due to the low cost of soy will further stimulate market growth. The market growth can witness fluctuations since there are still some unexplained concerns regarding the disorders caused by regular use of this protein like thyroid dysfunction, kidney failure, and hay fever.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of soy protein concentrate.
Market Segmentation
The entire soy protein concentrate market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Aqueous Alcohol Washing Process Product
- Acid Washing Process Product
- Heat Denaturation Process Product
By Application
- Food Industry
- Feed Industry
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for soy protein concentrate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Soy Protein Concentrate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the soy protein concentrate market include ADM, Soja protein, DuPont, IMCOPA, CHS, Cargill, Goldensea Industry, Gushen Biological Technology Group, Tiancheng Agricultural Development Group, Yuwang Group, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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