Market Share of Canada Soy Protein Industry
The Canadian soy protein market is moderately consolidated, with the top five companies occupying 64.74%. The major players in this market are Archer Daniels Midland Company, CHS Inc., DuPont de Nemours Inc., Kerry Group PLC, and The Scoular Company (sorted alphabetically).
For instance, in 2021, ADM, a global leader in nutrition and agricultural origination and processing, acquired Sojaprotein, a leading provider of non-GMO soy ingredients. The addition represents a significant expansion of ADM's alternative protein capabilities and its ability to meet the growing demand for plant-based foods and beverages.
Canada Soy Protein Market Leaders
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Archer Daniels Midland Company
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CHS Inc.
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DuPont de Nemours Inc.
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Kerry Group PLC
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The Scoular Company
*Disclaimer: Major Players sorted in no particular order