Soy Protein Ingredients Market: Forecast until 2022

"The soy protein ingredients market is estimated to rise at a compound annual growth rate of 7.20 percent."

The soy protein ingredients market is projected at ~$9.1B in 2017 and is projected to extend ~$12.8B by 2022 at a Compound annual growth rate of 7.20 percent from 2017. The sector is influenced by Elements such as soy being a cheaper source of protein, a preferred alternative to meat & dairy proteins, and the high nutritive value of soy.

Presence of anti-nutritional components in soy and the prohibition of GM-based soy products are the main factors restraining increase of the soy protein ingredients market.

"The food segment led the soy protein ingredients market, by application, in 2016."

With the advent of technological advancements including enzymatic systems, soy ingredients are produced with a neutral taste. This has helped with the acceptance of soy protein ingredients in the food & beverage market. With supportive health claims from the JHCI, soy proteins are being developed as an essential ingredient in functional foods and nutraceuticals. Soybean and processed products are the most important ingredients in the food & beverage sector, and their functionality is still being studied. They have a major part in the meat alternatives and functional food segments, thereby driving the global market for soy protein ingredients.

"North America (NA) to lead the soy protein ingredients market through 2022."

The industry for soy protein ingredients in the North America area was the most important in 2016, wherein the U.S.A was the biggest country-wise market. The soy protein ingredients market in North America continent is anticipated to witness considerable rise during the outlook period. This is due to the growing awareness of the health benefits combined with soybean, among health-conscious consumers. Soy protein ingredients are an affordable alternative to meat and dairy products and are gradually replacing these products. Other applications of soy protein ingredients are weight management, muscle health, infant formulas, and personal care products. These trends have led to substantial increase of the market.

The breakdown of the primaries on the basis of company, description, and area, conducted during the business research study, is mentioned as follows:

By Company Type: Tier 1 - 60.0 percent, Tier 2 - 25.0 percent, and 1/3 3 - 15.0 percent

By Designation: Director Level - 35.0 percent, C Level - 40.0 percent, and Manager Level - 25.0 percent

By area: Asia-Pacific - 40.0 percent, Europe - 30.0 percent, North america (NA) - 20.0 percent, and rest of the world - 10.0 percent

Top players are like follows:

The overall soy protein ingredients market is leaded by, is monopolized by main players including Archer Daniels Midland (NYSE:ADM), E. I. du Pont de Nemours and Organization, Cargill, CHS Inc., Kerry Group plc.

Segment Research

Soy protein ingredients, on the basis of class, are divided into soy protein focus, soy protein isolates, soy flours, and others (textured soy protein, soy grits, and hydrolyzed soy proteins). The applications of soy protein ingredients studied are food and feed. On the basis of area, the sector has been divided into north america, Europe (EU), Asia Pacific (APAC), and the Rest of the globe.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry and company descriptions, which together comprise and examine the basic overviews on the competitive landscape-emerging and high-growth segments of the overall soy protein ingredients market; high-growth areas; and sector drivers, market restraints, alternatives, and opportunities.

The market research offers business insights on the following:

• Market Uptake: Exhaustive data on soy protein ingredients provided by key players in the overall market

• Product Development/Innovative products: In-depth understanding on upcoming equipment products, technologies, analysis & growth activities, and recent product launches in the soy protein ingredients market

• Market Development: Highlighted information about profitable emerging sectors.

• industry diversification: In-depth information about recent products, untapped areas, recent evolutions, and market investments in the overall soy protein ingredients market.

• opposing assessment: In-depth assessment of market share, strategies, products, and manufacturing competences of key players in the overall soy protein ingredients market