Soy Protein Concentrate Market, By Form (Dry, Liquid), By Function (Nutrients, Emulsifier, Fat & Wat

Published Date: | Report Code : FA2059123

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The Global Soy Protein Concentrate Market is projected to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period.

Soy Protein Concentrate MarketSoy Protein Concentrate Market

Soy protein concentrates are widely used as a nutritional ingredient in various baked foods, breakfast cereals, and meat products. They are also used in meat and poultry products to improve nutritional values due to its easy digestible characteristics, the product is well suited for children, pregnant and the elderly, thus driving soy protein concentrate market size.

Growing demand for low-cost and natural food manufacturing sources to improvise products and deliver improved nutrients that are vital to the human body and technological development in food industries should drive the soy protein concentrate market demand for soy protein concentrate. The change in customer preference for the consumption of high nutrient products should boost the development of the sector. The increase in consumer health awareness accompanied by producers of animal feeds who are gaining awareness of supplying the animals with dietary feeds may increase the development of the soy protein concentrate market. In animals, feed nutrients are used to supply energy and boost efficiency.

Soy Protein Concentrate MarketSoy Protein Concentrate Market

Based on the form, the soy protein concentrate market is segmented into dry and liquid. The size of the market for dry soy protein concentrate is anticipated to see a substantial increase over the timeframe due to a change in consumer trend towards concentrated products with a long shelf life. Liquid soy protein concentrate is also expected to grow at a rapid pace owing to its freshness and significant benefits as they are healthy for bone, skin and muscle tissues.

Based on application, the animal feed & meat processing applications are expected to account for a significant share in the soy protein concentrate market over the forecast timeframe due to an increased number of animal feed industries and consumer awareness of health. These products are widely used in various animal feeds to improve nutritional values. Soy protein concentrate is progressively being used as an alternative to fishmeal in aquaculture sectors. Many fish feed manufacturers are now utilizing SPC on account of its inherent productive advantages, thereby driving the soy protein concentrate market size. The bakery & confectionery applications will register moderate growth over the forecast period. They provide many calories, in the form of fat, and carbohydrates. It includes pastries, cake, bread, biscuits, and breakfast cereals. The increase in per capita income and the pattern of consumption of such products should drive development in the sector. Increasing usage of packaged food in several regions is further expected to propel the soy protein concentrate market.

North America, led by Canada and the U.S., is expected to witness significant growth in the share of soy protein concentrate market due to increasing consumer preference towards healthy foods and a rise in high living standards. Increase in the animal feed sector due to demand from cattle, poultry, and swine. Strong financial foothold along with a consumer-hectic timetable should stimulate development in the sector. Asia Pacific soy protein concentrate market is also expected to witness growth over the forecast timeframe due to a growing population along with consumer preference towards healthy diet consumption. Increasing demand for food & drinks and nutritional supplements should boost development in the regional industry.

Key Factors Impacting the Growth of Soy Protein Concentrate Market:

  • Growing demand for low-cost and natural food manufacturing sources
  • Technological development in food industries
  • Increase in consumer health awareness
  • Gaining awareness of supplying the animals with dietary feeds

Key Developments in the Soy Protein Concentrate Market:

  • In June 2016, Sojaprotein (Serbia) expanded its presence in Asia and Africa. Regular shipments are now going to Egypt, Tunisia, Jordan, Morocco, the Philippines, South Korea, Indonesia, Vietnam and other nations in Asia and Africa.
  • In June 2018, Wilmar International (Singapore) and the National University of Singapore set up a new joint research laboratory for developing cutting-edge clinical nutrition and synthetic biology study to produce healthier food products and develop green production technologies.

What Does This Report Provide?

This report provides a detailed understanding of the global soy protein concentrate market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with a potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the soy protein concentrate market.

Years Considered In The Study

Soy Protein Concentrate MarketMarket Segmentation:

By Form:

  • Dry
  • Liquid

By Function:

  • Nutrients
  • Emulsifier
  • Fat & Water Absorption
  • Others

By Application:

  • Animal Feed
  • Meat Processing
  • Bakery & Confectionery
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Form
    • By Function
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Form
    • By Function
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Form
    • By Function
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Form
    • By Function
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Form
    • By Function
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Form
    • By Function
    • By Application

Companies Covered: Major Companies profiled in the report which are key players in the global soy protein concentrate market are Cargill, Wilmar International, Batory Foods, Nordic Soy, Nutra Food Ingredients, Euroduna Food Ingredients, Akola Chemicals, ADM, Sojaprotein, DuPont, IMCOPA, CHS, Goldensea Industry, Gushen Biological Technology Group, Tiancheng Agricultural Development Group, Yuwang Group, Shandong Wonderful Industrial Group, Shandong Yuxin Bio-Tech, Hongzui Group, MECA GROUP, and Henan Fiber Source Biological Engineering.

Reasons to Buy This Report:

  • Market size estimation of the global soy protein concentrate market on a regional and global basis.
  • The unique research design for market size estimation and forecast.
  • Profiling of major companies operating in the soy protein concentrate market with key developments.
  • Broad scope to cover all the possible segments helping every stakeholder in the soy protein concentrates market.

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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