Soy Protein Market Intelligence, Prescriptive Research, Execute Growth Opportunities

Soy protein ingredients are derived from soybeans. They are extracted from defatted and dehulled soybean meal. Soybeans that have been defatted and dehulled are processed into three types of high protein products: soy protein concentrates, soy flour, and soy protein isolates. All three types of soy protein ingredients are composed of 70% protein, 20% carbohydrates, 6% ash, and approximately 1% oil. Soy protein ingredients are identical to other legume pulses and provide almost all types of amino acids for human nutrition. They are also one of the least expensive protein sources.

The global soy protein market is projected to reach US$ 12.01 by the end of 2027, at a CAGR of 5.59% over the forecast period (2019-2027)

The global soy protein ingredients market is segmented based on type, application, and geography. Based on type, it is divided into soy protein isolates, soy protein concentrates and soy flours. On the basis of application, the global soy protein ingredients market is segmented into bakery and confectionary, meat alternatives, functional foods, dairy replacers, infant foods and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Because of the increased demand for soy protein ingredients in infant foods, readymade and packaged food products, and readymade and packaged food products, the infant foods segment has the most market potential in the soy protein ingredients market. Furthermore, the rise in demand for efficient and cost-effective meat alternatives among infants is a key factor driving global demand for soy protein ingredients. Because of the constant growth in per capita disposable income and the rise in demand for soy protein ingredients, the use of soy protein ingredients in infant foods has seen significant developments. During the forecast period, the infant foods segment is expected to grow at a CAGR of 5.59 percent. Furthermore, investments in R&D activities to produce cost effective and high in nutrition soy protein ingredients are expected to provide opportunities for growth in the future.