Global Soy Protein Ingredients Market estimated to cross USD 10 billion by 2025

1. Global Soy Protein Ingredients Market estimated to cross USD 10 billion by 2025 North America holds the dominant share in the Soy Protein Ingredients Market Market overview: The Global Soy Protein Ingredients Market is projected to reach USD 10.12 billion by 2021, at a CAGR of 7.29% over the outlook period. Soy protein is used as an ingredient in various food products, such as vegetarian foods, salad dressings, meats, and soups. Soy protein has functional emulsifying and texturizing properties. Soy protein has been shown to help prevent heart problems, and many countries allow foods high in soy protein. Some commonly used soy protein ingredients include soy protein concentrate, soy protein isolate, and soy flour. Soy foods made with these ingredients contain less saturated fat and are an excellent source of dietary protein. Recent developments: July 2017, Archer Daniels Midland has established a new soybean processing plant in Germany to expand its network in the European region. May 2017, Archer Daniels Midland has modernized its export terminal in Brazil to improve its network in the grain industry in Brazil, thus also increasing soy production. May 2017, AG Processing Inc has opened a new soybean processing plant in South Dakota (United States). This helped the company increase its soy production capacity. April 2017, DuPont launched SUPRO XT 55, a soy protein isolated in protein shakes. This has improved the company's product portfolio. March 2017, DuPont has entered into an agreement with FMC Corporation (USA) to divest a portion of DuPont's crop protection business and acquire the health and nutrition business of FMC Corporation. This has helped DuPont in the agricultural seed business segment, including soybeans. View Full Report @ https://www.marketdataforecast.com/market-reports/soy-protein- ingredients-market

2. Market Drivers and Restrains: The increasing vegan population, particularly in developed nations like Europe and North America, which supported the development of the soy protein ingredients market. In Europe, the vegan population is mainly made up of consumers over 15 years of age. Lower cholesterol and blood pressure levels, a low body mass index, and a reduced risk of heart disease are satisfied by adopting vegan diets. This trend is expected to stimulate demand for plant sources of protein as an alternative to animal or fish products. Recent consumer trends toward "cholesterol-free" food products have helped increase demand for soy protein ingredients, impacting demand for animal protein. However, the bad taste of soy protein makes it undesirable for consumption. This bad taste is due to the presence of compounds such as aldehydes, ketones, furans and alcohols. Medium chain aldehydes are one of the main reasons for the bean and grass flavor of soy products. The low cost of soy and its high nutritional value is the only factor that has motivated researchers to develop innovative and palatable flavors in soy products. Efforts are underway to identify ways to neutralize unwanted aromas, either by adding sugar compounds or during the extraction process. Market Segmentation: The Market for soy protein ingredients has been segmented by product type, application and region. The global Soy Protein Ingredients market has been categorized, based on product type, as Soy Protein Concentrates, Soy Protein Isolates, Soy Flours, and others. The global soy protein ingredients market has been classified, based on application, as food and beverage, feed. The food and beverage segment has been segmented into bakery and confectionery, meat substitutes, functional foods, pet foods, substitute dairy products, infant nutrition and others. Impact of COVID-19 on Soy Protein Ingredients Market Coronavirus has shifted the consumer preference from calorie-rich foods to protein-rich foods to enhance immunity, which is acting as a catalyst for the global soy protein ingredients market. The market seems to grow rapidly in the coming years, supported by the growing vegan population. Geographical Segmentation:

3. Among regions, North America accounted for the 35% share of the global soy protein ingredients market in 2018 and the region is likely to maintain its dominance throughout the foreseen period. The growth of the soy protein ingredients market in North America is attributed to several factors. One of the main factors behind the increasing growth of soy protein ingredients is the rising tendency of consumers to favor plant protein ingredients over animal protein. In recent years, the growing consumer trend toward plant protein supplements is expected to fuel the growth of soy protein ingredients market in North America. In this area, the United States is expected to maintain its dominant position throughout the foreseen period. Europe is also supposed to experience a significant growth rate during the outlook period. Key market players: The world market for soy protein ingredients has very competitive players, including Fonterra, Dupont, Shansong Biological, Solbar, Charotar Casein, Milk Specialties, Scoular, Archer Daniels Midland, Omega Protein, Kerry Group, Arla Foods, Glanbia, Dean Foods, Cargill, ABF and DMV. Download Sample Report @ https://www.marketdataforecast.com/market-reports/soy- protein-ingredients-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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