Market Trends of Africa Soy Protein Ingredients Industry
This section covers the major market trends shaping the Africa Soy Protein Ingredients Market according to our research experts:
Protein Concentrates Holds a Major Share
Soy protein concentrates contain a minimum of 70% protein on a moisture free basis. The soy concentrates have multiple solubility characteristics, depending on the extraction method employed. For instance, the one made with alcohol wash will have low solubility and can be increased by further processing. Soy protein concentrates are available in several forms, such as, granules, flours, and spray dried. Usually, a metric ton of defatted soybean flakes produces 750 kilograms of soybean protein concentrate and retains most of the fiber of the original soybean. Soy protein concentrate is majorly used in the meat & poultry products to increase water and fat retention, and nutritional values (more protein, less fat).
South Africa Dominates the Market
Manufacturers of South Africa are constantly embracing open innovation to gain cost-leadership and fixed suppliers in the early development stage. Plant ingredient in sports nutrition contributes to the major share in the market, segmented by application types. Animal feed is another major market by application type in the country. The changing consumer lifestyles and rising healthcare expenditure are also playing a vital role in the growth of the market. Moreover, the flourishing growth of the retail sector is escalating the growth of the market.