Soy Protein Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 10.49 Billion |
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Market Size (2029) | USD 13.26 Billion |
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Largest Share by End User | Animal Feed |
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CAGR (2024 - 2029) | 4.80 % |
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Largest Share by Region | North America |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Soy Protein Market Analysis
The Soy Protein Market size is estimated at 10.49 billion USD in 2024, and is expected to reach 13.26 billion USD by 2029, growing at a CAGR of 4.80% during the forecast period (2024-2029).
10.49 Billion
Market Size in 2024 (USD)
13.26 Billion
Market Size in 2029 (USD)
4.97 %
CAGR (2017-2023)
4.80 %
CAGR (2024-2029)
Largest Market by Form
46.14 %
value share, Isolates, 2023
Soy protein isolates overpower other forms due to their low viscosity and high dispersibility and solubility, which cater to their extensive application in all sectors.
Largest Market by End User
50.33 %
value share, Animal Feed, 2023
Soy proteins are widely used in the animal feed segment due to their distinct benefits like protein digestibility, appropriate amino acid profile, extended shelf life, etc.
Fastest Growing Market by Form
4.87 %
Projected CAGR, Isolates, 2024-2029
Constant innovations played an extremely important role in boosting the sales value of SPIs, globally. Recently, organically sourced SPIs have been capturing the market.
Fastest Growing Market by End User
6.31 %
Projected CAGR, Supplements, 2024-2029
The rising consumer focus on health and sports fitness is anticipated to drive the segment. The preference for soy in the segment is propelling segmental growth.
Leading Market Player
11.66 %
market share, International Flavors & Fragrances Inc., 2021
IFF is constantly expanding in soy proteins segment, and its differentiated product portfolio is the most important factor in its success.
The suitability of soy-protein due to its easier digestibility factor dominated it's application mainly in Animal feed sector
- The usage of soy protein ingredients in animal feed marginally surpasses its usage in food and beverages. Soy protein, mainly in the form of concentrates, is widely used in the diets of animals, birds, and fish. Its main characteristics, such as easy digestibility, improved shelf life, and protein enrichment, are driving its application in the food and beverage segment. In 2022, the animal feed segment was largely driven by concentrates that addressed about 55% of soy protein needs.
- Food and beverage is another crucial application sector for soy protein, mainly in the meat/meat alternative segment, attributed to multi-functionalities that mimic muscle texture when stacked in straight fibers, thus, improving its use for texture and protein enrichment in meat alternatives. In 2022, the meat alternatives sub-segment accounted for about 22% of the soy protein market. In terms of growth, supplements remained the fastest-growing sector, with a projected CAGR of 5.95% by volume during the forecast period, attributed to the growing number of fitness enthusiasts in developed economies like the United States, the United Kingdom, and Germany.
- The supplements segment did not contribute significantly to the soy protein market. However, it is anticipated to see sizable growth in the coming years, recording a CAGR of 4.62% by volume during the forecast period. The development of the segment will be driven by the rising consumption of soy proteins in baby food and infant formula (2023-2029: projected CAGR of 4.03% by volume). Infants' appropriate growth and development are ensured by soy protein formulas. Isolated soy protein has the same PDCAAS score as milk protein and egg white, which is 1.0, the highest value obtained protein.
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Increasing demand of cost-effective protein products lead the demand dominated by North America followed by Asia-pacific regions
- North America dominated the soy protein market, with most of its applications in the food and beverages segment. Meat and dairy alternatives led the market demand, holding a volume share of 44% in 2022. This growth can be attributed to the increasing demand for plant-based products, especially in the United States and Canada, which had a combined vegan population of about 10 million in 2021. Being among the largest producers of soybeans, the United States widely contributes to the regional soy protein demand. In 2021, soybean production totaled a record-high 4.44 billion bushels, up by 5% from 2020.
- North America is followed by the Asia-Pacific region. China remained the largest consumer of soy protein in the region, attributed to high production capacity that reduces the ingredient's price and boosts volume consumption. About 70% of the world’s supply of soy protein isolates, a primary ingredient in many plant-based foods, is processed in the Shandong province in China. This factor also enables immense innovation in plant-based space, attracting more consumers to try the differentiated product offerings. The region is projected to record a CAGR of 5.67% by value during the forecast period.
- South America is projected to be the fastest-growing market as the demand for natural and sustainable ingredients is rapidly increasing due to the rising health consciousness. The region is set to record a CAGR of 6.0% by value over the forecast period. Over the last few years, concerns about damage to the environment and unethical treatment of animals in intensive farming systems have increased among consumers, leading to increased demand for sustainable protein. This factor has led to the rising demand for plant proteins in most South American countries.
Global Soy Protein Market Trends
Plant protein based diet linked with several health benefits is propelling the customers to incline more towards vegan offerings
- The changing dietary preferences of consumers are evident globally, and the low inclination toward meat-based products is visible among consumers. The percentage of consumers becoming flexitarian or vegan is offering manufacturers opportunities to introduce and innovate more in the plant protein segment. Globally, plant-based protein alternatives have become popular, as well as due to environmental issues, ethical reasons, and health-related concerns. Proteins take longer to digest than carbohydrates, helping one feel full longer with fewer calories. So, proteins are an essential component of healthily managing weight. Globally, Germany emerged to be one of the leaders in vegan product development and launches, accounting for 15% of the global vegan introductions between July 2017 and June 2018.
- The increasing number of young population that are indulging in sports and athletic activities, along with the shifting trends in functional ingredients fortification in the food and beverage industry due to rising demand for added health benefits in various food products, is anticipated to boost plant-based protein demand. For instance, 46.9% of U.S. adults age 18 and older met the Physical Activity Guidelines for aerobic physical activity in 2020. Similarly, 24.2% of U.S. adults age 18 and older met the Physical Activity Guidelines for both aerobic and muscle-strengthening activity. This has paved the way for the population looking for more plant-based food products. Along with this, Canada's Health Ministry revamped its food guide and released it in January 2019. This new guide has three categories, namely vegetables and fruits, whole grains, and plant-based proteins. The rising awareness about protein benefits increased protein consumption in the country.
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Growing soy production, globally, is attributed to the certain countries' favorable conditions to grow the crop
- Regardless of fluctuating production trends, soybean, the fundamental raw material for soy proteins, is mostly produced in Brazil and closely followed by the United States and then Argentina, during the studied period. In 2018, 349 million tonnes of soy were produced worldwide. Brazil produced 118 million tons (34%), whereas the US produced 123 million tons (35%) of the total. They made up 69% of the world's total production. The substantial reduction in soybean output in 2012, one of the most important crops in the United States, was attributable to U.S. growers experiencing historic drought conditions in most of the Midwest over the summer. However, the growth rate favorably increased by 5% in 2020.
- Globally, India is another major producer of soybeans. India's soybean output for the harvesting season 2021-22 will be 11.200 million tonnes, which rose from 10.450 million tonnes the previous year. Due to flood-induced crop damage in major growing states, both corporate and government institutions involved in the soybean, soya oil, and oil meal business have expected India's soybean output to stay lower in 2019-2020. Among the states, Madhya Pradesh is the top producer with 55.84 lakh ha followed by Maharashtra (46.01 lakh ha), Rajasthan (10.62 lakh ha), Karnataka (3.82 lakh ha), Gujarat (2.24 lakh ha), and Telangana (1.51 lakh ha).
- In 2021, more than 75% of the soy produced worldwide is fed to animals for the production of meat and dairy products. Vegetable oils, industries, and biofuels make up the majority of the remainder. Only 7% of soy is used specifically to make products for human consumption including tofu, soy milk, edamame beans, and tempeh.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Asia-pacific held major market share
- Healthy trends in beverages impacting market growth
- Hike in the demand for single-serve packets may augment production
- Dairy alternative to witness significant growth
- Meat protein alternatives are revolutionizing the meat segment
- Healthy snacking preference to support market growth
- Growing demand for compound feed
- Strong hold of the retail sector is supporting market growth
- Growing preference for convenient breakfast options
- Rising at-home consumption and demand for healthy confectionery products
- Growing nutritional concerns for aging populations
- Ready-to-cook and frozen foods witnessed a surge in sales
- Rising health awareness and growing demand from millennials
- Natural ingredients highly driving the segmental sales
Soy Protein Industry Overview
The Soy Protein Market is fragmented, with the top five companies occupying 28.98%. The major players in this market are Archer Daniels Midland Company, CHS Inc., Fuji Oil Group, International Flavors & Fragrances Inc. and Kerry Group PLC (sorted alphabetically).
Soy Protein Market Leaders
Archer Daniels Midland Company
CHS Inc.
Fuji Oil Group
International Flavors & Fragrances Inc.
Kerry Group PLC
Other important companies include A. Costantino & C. SpA, Bunge Limited, Wilmar International Ltd.
*Disclaimer: Major Players sorted in alphabetical order.
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Soy Protein Market News
- April 2021: Fuji Oil Holdings Inc.'s Dutch subsidiary invested in UNOVIS NCAP II Fund, a major fund specializing in food technology. The company plans to contribute to a sustainable society using its processing technologies for plant-based food materials to tackle the issues consumers face across the world.
- March 2021: Fuji Oil Group appointed Mikio Sakai as the new president and CEO. Mikio Sakai is engaged in developing Plant-based Food Solutions as a core concept to grow a third business pillar, along with the Oil and Fat and Chocolate businesses. Plant-based Food Solutions include soy meat and soybeans, which are used as raw materials for plant-based protein.
- February 2021: Bunge has expanded its soy protein manufacturing plants by purchasing two soy processing plants from the local crusher Imcopa for USD 12 million, reinforcing its position as the country's biggest oilseed processor.
Free with this Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the protein industry. With the help of 45+ free charts, clients can access in-depth market analysis based on per capita consumption of animal and plant protein, end-user market volume, and production data of raw materials for protein ingredients, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on protein sources, protein types, forms, end-user segments, etc., are available in the form of comprehensive reports as well as Excel-based data worksheets.
Soy Protein Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. INTRODUCTION
- 2.1 Study Assumptions & Market Definition
- 2.2 Scope of the Study
- 2.3 Research Methodology
3. KEY INDUSTRY TRENDS
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3.1 End User Market Volume
- 3.1.1 Baby Food and Infant Formula
- 3.1.2 Bakery
- 3.1.3 Beverages
- 3.1.4 Breakfast Cereals
- 3.1.5 Condiments/Sauces
- 3.1.6 Confectionery
- 3.1.7 Dairy and Dairy Alternative Products
- 3.1.8 Elderly Nutrition and Medical Nutrition
- 3.1.9 Meat/Poultry/Seafood and Meat Alternative Products
- 3.1.10 RTE/RTC Food Products
- 3.1.11 Snacks
- 3.1.12 Sport/Performance Nutrition
- 3.1.13 Animal Feed
- 3.1.14 Personal Care and Cosmetics
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3.2 Protein Consumption Trends
- 3.2.1 Plant
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3.3 Production Trends
- 3.3.1 Plant
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3.4 Regulatory Framework
- 3.4.1 Australia
- 3.4.2 Canada
- 3.4.3 China
- 3.4.4 France
- 3.4.5 Germany
- 3.4.6 India
- 3.4.7 Italy
- 3.4.8 Japan
- 3.4.9 United Kingdom
- 3.4.10 United States
- 3.5 Value Chain & Distribution Channel Analysis
4. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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4.1 Form
- 4.1.1 Concentrates
- 4.1.2 Isolates
- 4.1.3 Textured/Hydrolyzed
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4.2 End User
- 4.2.1 Animal Feed
- 4.2.2 Food and Beverages
- 4.2.2.1 By Sub End User
- 4.2.2.1.1 Bakery
- 4.2.2.1.2 Beverages
- 4.2.2.1.3 Breakfast Cereals
- 4.2.2.1.4 Condiments/Sauces
- 4.2.2.1.5 Dairy and Dairy Alternative Products
- 4.2.2.1.6 Meat/Poultry/Seafood and Meat Alternative Products
- 4.2.2.1.7 RTE/RTC Food Products
- 4.2.2.1.8 Snacks
- 4.2.3 Supplements
- 4.2.3.1 By Sub End User
- 4.2.3.1.1 Baby Food and Infant Formula
- 4.2.3.1.2 Elderly Nutrition and Medical Nutrition
- 4.2.3.1.3 Sport/Performance Nutrition
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4.3 Region
- 4.3.1 Africa
- 4.3.1.1 By Form
- 4.3.1.2 By End User
- 4.3.1.3 By Country
- 4.3.1.3.1 Nigeria
- 4.3.1.3.2 South Africa
- 4.3.1.3.3 Rest of Africa
- 4.3.2 Asia-Pacific
- 4.3.2.1 By Form
- 4.3.2.2 By End User
- 4.3.2.3 By Country
- 4.3.2.3.1 Australia
- 4.3.2.3.2 China
- 4.3.2.3.3 India
- 4.3.2.3.4 Indonesia
- 4.3.2.3.5 Japan
- 4.3.2.3.6 Malaysia
- 4.3.2.3.7 New Zealand
- 4.3.2.3.8 South Korea
- 4.3.2.3.9 Thailand
- 4.3.2.3.10 Vietnam
- 4.3.2.3.11 Rest of Asia-Pacific
- 4.3.3 Europe
- 4.3.3.1 By Form
- 4.3.3.2 By End User
- 4.3.3.3 By Country
- 4.3.3.3.1 Belgium
- 4.3.3.3.2 France
- 4.3.3.3.3 Germany
- 4.3.3.3.4 Italy
- 4.3.3.3.5 Netherlands
- 4.3.3.3.6 Russia
- 4.3.3.3.7 Spain
- 4.3.3.3.8 Turkey
- 4.3.3.3.9 United Kingdom
- 4.3.3.3.10 Rest of Europe
- 4.3.4 Middle East
- 4.3.4.1 By Form
- 4.3.4.2 By End User
- 4.3.4.3 By Country
- 4.3.4.3.1 Iran
- 4.3.4.3.2 Saudi Arabia
- 4.3.4.3.3 United Arab Emirates
- 4.3.4.3.4 Rest of Middle East
- 4.3.5 North America
- 4.3.5.1 By Form
- 4.3.5.2 By End User
- 4.3.5.3 By Country
- 4.3.5.3.1 Canada
- 4.3.5.3.2 Mexico
- 4.3.5.3.3 United States
- 4.3.5.3.4 Rest of North America
- 4.3.6 South America
- 4.3.6.1 By Form
- 4.3.6.2 By End User
- 4.3.6.3 By Country
- 4.3.6.3.1 Argentina
- 4.3.6.3.2 Brazil
- 4.3.6.3.3 Rest of South America
5. COMPETITIVE LANDSCAPE
- 5.1 Key Strategic Moves
- 5.2 Market Share Analysis
- 5.3 Company Landscape
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5.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 5.4.1 A. Costantino & C. SpA
- 5.4.2 Archer Daniels Midland Company
- 5.4.3 Bunge Limited
- 5.4.4 CHS Inc.
- 5.4.5 Fuji Oil Group
- 5.4.6 International Flavors & Fragrances Inc.
- 5.4.7 Kerry Group PLC
- 5.4.8 Wilmar International Ltd
6. KEY STRATEGIC QUESTIONS FOR PROTEIN INGREDIENTS INDUSTRY CEOS
7. APPENDIX
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7.1 Global Overview
- 7.1.1 Overview
- 7.1.2 Porter’s Five Forces Framework
- 7.1.3 Global Value Chain Analysis
- 7.1.4 Market Dynamics (DROs)
- 7.2 Sources & References
- 7.3 List of Tables & Figures
- 7.4 Primary Insights
- 7.5 Data Pack
- 7.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF BABY FOOD AND INFANT FORMULA MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 2:
- VOLUME OF BAKERY MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 3:
- VOLUME OF BEVERAGES MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 4:
- VOLUME OF BREAKFAST CEREALS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 5:
- VOLUME OF CONDIMENTS/SAUCES MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 6:
- VOLUME OF CONFECTIONERY MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 7:
- VOLUME OF DAIRY AND DAIRY ALTERNATIVE PRODUCTS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 8:
- VOLUME OF ELDERLY NUTRITION AND MEDICAL NUTRITION MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 9:
- VOLUME OF MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 10:
- VOLUME OF RTE/RTC FOOD PRODUCTS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 11:
- VOLUME OF SNACKS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 12:
- VOLUME OF SPORT/PERFORMANCE NUTRITION MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 13:
- VOLUME OF ANIMAL FEED MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 14:
- VOLUME OF PERSONAL CARE AND COSMETICS MARKET, METRIC TON, GLOBAL, 2017 - 2029
- Figure 15:
- AVERAGE PER CAPITA CONSUMPTION OF PLANT PROTEIN, GRAM PER DAY, GLOBAL, 2017 - 2029
- Figure 16:
- SOYBEAN PRODUCTION, METRIC TON, GLOBAL, 2017 - 2022
- Figure 17:
- VOLUME OF SOY PROTEIN MARKET, TONNES, GLOBAL, 2017 - 2029
- Figure 18:
- VALUE OF SOY PROTEIN MARKET, USD, GLOBAL, 2017 - 2029
- Figure 19:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, GLOBAL, 2017 - 2029
- Figure 21:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 22:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 23:
- VOLUME OF SOY PROTEIN MARKET, CONCENTRATES, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 24:
- VALUE OF SOY PROTEIN MARKET, CONCENTRATES, USD, GLOBAL, 2017 - 2029
- Figure 25:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % CONCENTRATES , GLOBAL, 2022 VS 2029
- Figure 26:
- VOLUME OF SOY PROTEIN MARKET, ISOLATES, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 27:
- VALUE OF SOY PROTEIN MARKET, ISOLATES, USD, GLOBAL, 2017 - 2029
- Figure 28:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % ISOLATES , GLOBAL, 2022 VS 2029
- Figure 29:
- VOLUME OF SOY PROTEIN MARKET, TEXTURED/HYDROLYZED, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 30:
- VALUE OF SOY PROTEIN MARKET, TEXTURED/HYDROLYZED, USD, GLOBAL, 2017 - 2029
- Figure 31:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % TEXTURED/HYDROLYZED , GLOBAL, 2022 VS 2029
- Figure 32:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 33:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, GLOBAL, 2017 - 2029
- Figure 34:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 35:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 36:
- VOLUME OF SOY PROTEIN MARKET, ANIMAL FEED, GLOBAL, 2017 - 2029
- Figure 37:
- VALUE OF SOY PROTEIN MARKET, ANIMAL FEED, GLOBAL, 2017 - 2029
- Figure 38:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % ANIMAL FEED , GLOBAL, 2022 VS 2029
- Figure 39:
- VOLUME OF SOY PROTEIN MARKET, FOOD AND BEVERAGES END USER, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 40:
- VALUE OF SOY PROTEIN MARKET, FOOD AND BEVERAGES END USER, USD, GLOBAL, 2017 - 2029
- Figure 41:
- VALUE SHARE OF SOY PROTEIN MARKET BY FOOD AND BEVERAGES END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 42:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FOOD AND BEVERAGES END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 43:
- VOLUME OF SOY PROTEIN MARKET, BAKERY, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 44:
- VALUE OF SOY PROTEIN MARKET, BAKERY, USD, GLOBAL, 2017 - 2029
- Figure 45:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % BAKERY , GLOBAL, 2022 VS 2029
- Figure 46:
- VOLUME OF SOY PROTEIN MARKET, BEVERAGES, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 47:
- VALUE OF SOY PROTEIN MARKET, BEVERAGES, USD, GLOBAL, 2017 - 2029
- Figure 48:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % BEVERAGES , GLOBAL, 2022 VS 2029
- Figure 49:
- VOLUME OF SOY PROTEIN MARKET, BREAKFAST CEREALS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 50:
- VALUE OF SOY PROTEIN MARKET, BREAKFAST CEREALS, USD, GLOBAL, 2017 - 2029
- Figure 51:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % BREAKFAST CEREALS , GLOBAL, 2022 VS 2029
- Figure 52:
- VOLUME OF SOY PROTEIN MARKET, CONDIMENTS/SAUCES, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 53:
- VALUE OF SOY PROTEIN MARKET, CONDIMENTS/SAUCES, USD, GLOBAL, 2017 - 2029
- Figure 54:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % CONDIMENTS/SAUCES , GLOBAL, 2022 VS 2029
- Figure 55:
- VOLUME OF SOY PROTEIN MARKET, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 56:
- VALUE OF SOY PROTEIN MARKET, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, USD, GLOBAL, 2017 - 2029
- Figure 57:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % DAIRY AND DAIRY ALTERNATIVE PRODUCTS , GLOBAL, 2022 VS 2029
- Figure 58:
- VOLUME OF SOY PROTEIN MARKET, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 59:
- VALUE OF SOY PROTEIN MARKET, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, USD, GLOBAL, 2017 - 2029
- Figure 60:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS , GLOBAL, 2022 VS 2029
- Figure 61:
- VOLUME OF SOY PROTEIN MARKET, RTE/RTC FOOD PRODUCTS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 62:
- VALUE OF SOY PROTEIN MARKET, RTE/RTC FOOD PRODUCTS, USD, GLOBAL, 2017 - 2029
- Figure 63:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % RTE/RTC FOOD PRODUCTS , GLOBAL, 2022 VS 2029
- Figure 64:
- VOLUME OF SOY PROTEIN MARKET, SNACKS, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 65:
- VALUE OF SOY PROTEIN MARKET, SNACKS, USD, GLOBAL, 2017 - 2029
- Figure 66:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % SNACKS , GLOBAL, 2022 VS 2029
- Figure 67:
- VOLUME OF SOY PROTEIN MARKET, SUPPLEMENTS END USER, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 68:
- VALUE OF SOY PROTEIN MARKET, SUPPLEMENTS END USER, USD, GLOBAL, 2017 - 2029
- Figure 69:
- VALUE SHARE OF SOY PROTEIN MARKET BY SUPPLEMENTS END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 70:
- VOLUME SHARE OF SOY PROTEIN MARKET BY SUPPLEMENTS END USER, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 71:
- VOLUME OF SOY PROTEIN MARKET, BABY FOOD AND INFANT FORMULA, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 72:
- VALUE OF SOY PROTEIN MARKET, BABY FOOD AND INFANT FORMULA, USD, GLOBAL, 2017 - 2029
- Figure 73:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % BABY FOOD AND INFANT FORMULA , GLOBAL, 2022 VS 2029
- Figure 74:
- VOLUME OF SOY PROTEIN MARKET, ELDERLY NUTRITION AND MEDICAL NUTRITION, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 75:
- VALUE OF SOY PROTEIN MARKET, ELDERLY NUTRITION AND MEDICAL NUTRITION, USD, GLOBAL, 2017 - 2029
- Figure 76:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % ELDERLY NUTRITION AND MEDICAL NUTRITION , GLOBAL, 2022 VS 2029
- Figure 77:
- VOLUME OF SOY PROTEIN MARKET, SPORT/PERFORMANCE NUTRITION, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 78:
- VALUE OF SOY PROTEIN MARKET, SPORT/PERFORMANCE NUTRITION, USD, GLOBAL, 2017 - 2029
- Figure 79:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, % SPORT/PERFORMANCE NUTRITION , GLOBAL, 2022 VS 2029
- Figure 80:
- VOLUME OF SOY PROTEIN MARKET BY REGION, METRIC TONNES, GLOBAL, 2017 - 2029
- Figure 81:
- VALUE OF SOY PROTEIN MARKET BY REGION, USD, GLOBAL, 2017 - 2029
- Figure 82:
- VALUE SHARE OF SOY PROTEIN MARKET BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 83:
- VOLUME SHARE OF SOY PROTEIN MARKET BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 84:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, AFRICA, 2017 - 2029
- Figure 85:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, AFRICA, 2017 - 2029
- Figure 86:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 87:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 88:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, AFRICA, 2017 - 2029
- Figure 89:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, AFRICA, 2017 - 2029
- Figure 90:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 91:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 92:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, AFRICA, 2017 - 2029
- Figure 93:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, AFRICA, 2017 - 2029
- Figure 94:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 95:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 96:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, NIGERIA, 2017 - 2029
- Figure 97:
- VALUE OF SOY PROTEIN MARKET, USD, NIGERIA, 2017 - 2029
- Figure 98:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , NIGERIA, 2022 VS 2029
- Figure 99:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, SOUTH AFRICA, 2017 - 2029
- Figure 100:
- VALUE OF SOY PROTEIN MARKET, USD, SOUTH AFRICA, 2017 - 2029
- Figure 101:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , SOUTH AFRICA, 2022 VS 2029
- Figure 102:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF AFRICA, 2017 - 2029
- Figure 103:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF AFRICA, 2017 - 2029
- Figure 104:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF AFRICA, 2022 VS 2029
- Figure 105:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 106:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 107:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 108:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 109:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 110:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 111:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 112:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 113:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 114:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 115:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 116:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 117:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, AUSTRALIA, 2017 - 2029
- Figure 118:
- VALUE OF SOY PROTEIN MARKET, USD, AUSTRALIA, 2017 - 2029
- Figure 119:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , AUSTRALIA, 2022 VS 2029
- Figure 120:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, CHINA, 2017 - 2029
- Figure 121:
- VALUE OF SOY PROTEIN MARKET, USD, CHINA, 2017 - 2029
- Figure 122:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , CHINA, 2022 VS 2029
- Figure 123:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, INDIA, 2017 - 2029
- Figure 124:
- VALUE OF SOY PROTEIN MARKET, USD, INDIA, 2017 - 2029
- Figure 125:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , INDIA, 2022 VS 2029
- Figure 126:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, INDONESIA, 2017 - 2029
- Figure 127:
- VALUE OF SOY PROTEIN MARKET, USD, INDONESIA, 2017 - 2029
- Figure 128:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , INDONESIA, 2022 VS 2029
- Figure 129:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, JAPAN, 2017 - 2029
- Figure 130:
- VALUE OF SOY PROTEIN MARKET, USD, JAPAN, 2017 - 2029
- Figure 131:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , JAPAN, 2022 VS 2029
- Figure 132:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, MALAYSIA, 2017 - 2029
- Figure 133:
- VALUE OF SOY PROTEIN MARKET, USD, MALAYSIA, 2017 - 2029
- Figure 134:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , MALAYSIA, 2022 VS 2029
- Figure 135:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, NEW ZEALAND, 2017 - 2029
- Figure 136:
- VALUE OF SOY PROTEIN MARKET, USD, NEW ZEALAND, 2017 - 2029
- Figure 137:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , NEW ZEALAND, 2022 VS 2029
- Figure 138:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, SOUTH KOREA, 2017 - 2029
- Figure 139:
- VALUE OF SOY PROTEIN MARKET, USD, SOUTH KOREA, 2017 - 2029
- Figure 140:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , SOUTH KOREA, 2022 VS 2029
- Figure 141:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, THAILAND, 2017 - 2029
- Figure 142:
- VALUE OF SOY PROTEIN MARKET, USD, THAILAND, 2017 - 2029
- Figure 143:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , THAILAND, 2022 VS 2029
- Figure 144:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, VIETNAM, 2017 - 2029
- Figure 145:
- VALUE OF SOY PROTEIN MARKET, USD, VIETNAM, 2017 - 2029
- Figure 146:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , VIETNAM, 2022 VS 2029
- Figure 147:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 148:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 149:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 150:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, EUROPE, 2017 - 2029
- Figure 151:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, EUROPE, 2017 - 2029
- Figure 152:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 153:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 154:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, EUROPE, 2017 - 2029
- Figure 155:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, EUROPE, 2017 - 2029
- Figure 156:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 157:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 158:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, EUROPE, 2017 - 2029
- Figure 159:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 160:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 161:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 162:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, BELGIUM, 2017 - 2029
- Figure 163:
- VALUE OF SOY PROTEIN MARKET, USD, BELGIUM, 2017 - 2029
- Figure 164:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , BELGIUM, 2022 VS 2029
- Figure 165:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, FRANCE, 2017 - 2029
- Figure 166:
- VALUE OF SOY PROTEIN MARKET, USD, FRANCE, 2017 - 2029
- Figure 167:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , FRANCE, 2022 VS 2029
- Figure 168:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, GERMANY, 2017 - 2029
- Figure 169:
- VALUE OF SOY PROTEIN MARKET, USD, GERMANY, 2017 - 2029
- Figure 170:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , GERMANY, 2022 VS 2029
- Figure 171:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, ITALY, 2017 - 2029
- Figure 172:
- VALUE OF SOY PROTEIN MARKET, USD, ITALY, 2017 - 2029
- Figure 173:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , ITALY, 2022 VS 2029
- Figure 174:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, NETHERLANDS, 2017 - 2029
- Figure 175:
- VALUE OF SOY PROTEIN MARKET, USD, NETHERLANDS, 2017 - 2029
- Figure 176:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , NETHERLANDS, 2022 VS 2029
- Figure 177:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, RUSSIA, 2017 - 2029
- Figure 178:
- VALUE OF SOY PROTEIN MARKET, USD, RUSSIA, 2017 - 2029
- Figure 179:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , RUSSIA, 2022 VS 2029
- Figure 180:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, SPAIN, 2017 - 2029
- Figure 181:
- VALUE OF SOY PROTEIN MARKET, USD, SPAIN, 2017 - 2029
- Figure 182:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , SPAIN, 2022 VS 2029
- Figure 183:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, TURKEY, 2017 - 2029
- Figure 184:
- VALUE OF SOY PROTEIN MARKET, USD, TURKEY, 2017 - 2029
- Figure 185:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , TURKEY, 2022 VS 2029
- Figure 186:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, UNITED KINGDOM, 2017 - 2029
- Figure 187:
- VALUE OF SOY PROTEIN MARKET, USD, UNITED KINGDOM, 2017 - 2029
- Figure 188:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , UNITED KINGDOM, 2022 VS 2029
- Figure 189:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF EUROPE, 2017 - 2029
- Figure 190:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF EUROPE, 2017 - 2029
- Figure 191:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF EUROPE, 2022 VS 2029
- Figure 192:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, MIDDLE EAST, 2016 - 2029
- Figure 193:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, MIDDLE EAST, 2017 - 2029
- Figure 194:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 195:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 196:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, MIDDLE EAST, 2016 - 2029
- Figure 197:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, MIDDLE EAST, 2017 - 2029
- Figure 198:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 199:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 200:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, MIDDLE EAST, 2017 - 2029
- Figure 201:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 202:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 203:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 204:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, IRAN, 2017 - 2029
- Figure 205:
- VALUE OF SOY PROTEIN MARKET, USD, IRAN, 2017 - 2029
- Figure 206:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , IRAN, 2022 VS 2029
- Figure 207:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
- Figure 208:
- VALUE OF SOY PROTEIN MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 209:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , SAUDI ARABIA, 2022 VS 2029
- Figure 210:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 211:
- VALUE OF SOY PROTEIN MARKET, USD, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 212:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , UNITED ARAB EMIRATES, 2022 VS 2029
- Figure 213:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF MIDDLE EAST, 2017 - 2029
- Figure 214:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF MIDDLE EAST, 2017 - 2029
- Figure 215:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF MIDDLE EAST, 2022 VS 2029
- Figure 216:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, NORTH AMERICA, 2017 - 2029
- Figure 217:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, NORTH AMERICA, 2017 - 2029
- Figure 218:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 219:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 220:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, NORTH AMERICA, 2017 - 2029
- Figure 221:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, NORTH AMERICA, 2017 - 2029
- Figure 222:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 223:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 224:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, NORTH AMERICA, 2017 - 2029
- Figure 225:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 226:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 227:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 228:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, CANADA, 2017 - 2029
- Figure 229:
- VALUE OF SOY PROTEIN MARKET, USD, CANADA, 2017 - 2029
- Figure 230:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , CANADA, 2022 VS 2029
- Figure 231:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, MEXICO, 2017 - 2029
- Figure 232:
- VALUE OF SOY PROTEIN MARKET, USD, MEXICO, 2017 - 2029
- Figure 233:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , MEXICO, 2022 VS 2029
- Figure 234:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, UNITED STATES, 2017 - 2029
- Figure 235:
- VALUE OF SOY PROTEIN MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 236:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , UNITED STATES, 2022 VS 2029
- Figure 237:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF NORTH AMERICA, 2017 - 2029
- Figure 238:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF NORTH AMERICA, 2017 - 2029
- Figure 239:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF NORTH AMERICA, 2022 VS 2029
- Figure 240:
- VOLUME OF SOY PROTEIN MARKET BY FORM, METRIC TONNES, SOUTH AMERICA, 2017 - 2029
- Figure 241:
- VALUE OF SOY PROTEIN MARKET BY FORM, USD, SOUTH AMERICA, 2017 - 2029
- Figure 242:
- VALUE SHARE OF SOY PROTEIN MARKET BY FORM, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 243:
- VOLUME SHARE OF SOY PROTEIN MARKET BY FORM, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 244:
- VOLUME OF SOY PROTEIN MARKET BY END USER, METRIC TONNES, SOUTH AMERICA, 2017 - 2029
- Figure 245:
- VALUE OF SOY PROTEIN MARKET BY END USER, USD, SOUTH AMERICA, 2017 - 2029
- Figure 246:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 247:
- VOLUME SHARE OF SOY PROTEIN MARKET BY END USER, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 248:
- VOLUME OF SOY PROTEIN MARKET BY COUNTRY, METRIC TONNES, SOUTH AMERICA, 2017 - 2029
- Figure 249:
- VALUE OF SOY PROTEIN MARKET BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 250:
- VALUE SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 251:
- VOLUME SHARE OF SOY PROTEIN MARKET BY COUNTRY, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 252:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, ARGENTINA, 2017 - 2029
- Figure 253:
- VALUE OF SOY PROTEIN MARKET, USD, ARGENTINA, 2017 - 2029
- Figure 254:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , ARGENTINA, 2022 VS 2029
- Figure 255:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, BRAZIL, 2017 - 2029
- Figure 256:
- VALUE OF SOY PROTEIN MARKET, USD, BRAZIL, 2017 - 2029
- Figure 257:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , BRAZIL, 2022 VS 2029
- Figure 258:
- VOLUME OF SOY PROTEIN MARKET, METRIC TONNES, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 259:
- VALUE OF SOY PROTEIN MARKET, USD, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 260:
- VALUE SHARE OF SOY PROTEIN MARKET BY END USER, % , REST OF SOUTH AMERICA, 2022 VS 2029
- Figure 261:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL SOY PROTEIN MARKET, 2017 - 2022
- Figure 262:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2017 - 2022
- Figure 263:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL SOY PROTEIN MARKET, 2021
Soy Protein Industry Segmentation
Concentrates, Isolates, Textured/Hydrolyzed are covered as segments by Form. Animal Feed, Food and Beverages, Supplements are covered as segments by End User. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- The usage of soy protein ingredients in animal feed marginally surpasses its usage in food and beverages. Soy protein, mainly in the form of concentrates, is widely used in the diets of animals, birds, and fish. Its main characteristics, such as easy digestibility, improved shelf life, and protein enrichment, are driving its application in the food and beverage segment. In 2022, the animal feed segment was largely driven by concentrates that addressed about 55% of soy protein needs.
- Food and beverage is another crucial application sector for soy protein, mainly in the meat/meat alternative segment, attributed to multi-functionalities that mimic muscle texture when stacked in straight fibers, thus, improving its use for texture and protein enrichment in meat alternatives. In 2022, the meat alternatives sub-segment accounted for about 22% of the soy protein market. In terms of growth, supplements remained the fastest-growing sector, with a projected CAGR of 5.95% by volume during the forecast period, attributed to the growing number of fitness enthusiasts in developed economies like the United States, the United Kingdom, and Germany.
- The supplements segment did not contribute significantly to the soy protein market. However, it is anticipated to see sizable growth in the coming years, recording a CAGR of 4.62% by volume during the forecast period. The development of the segment will be driven by the rising consumption of soy proteins in baby food and infant formula (2023-2029: projected CAGR of 4.03% by volume). Infants' appropriate growth and development are ensured by soy protein formulas. Isolated soy protein has the same PDCAAS score as milk protein and egg white, which is 1.0, the highest value obtained protein.
| Form | Concentrates | ||
| Isolates | |||
| Textured/Hydrolyzed | |||
| End User | Animal Feed | ||
| Food and Beverages | By Sub End User | Bakery | |
| Beverages | |||
| Breakfast Cereals | |||
| Condiments/Sauces | |||
| Dairy and Dairy Alternative Products | |||
| Meat/Poultry/Seafood and Meat Alternative Products | |||
| RTE/RTC Food Products | |||
| Snacks | |||
| Supplements | By Sub End User | Baby Food and Infant Formula | |
| Elderly Nutrition and Medical Nutrition | |||
| Sport/Performance Nutrition | |||
| Region | Africa | By Form | |
| By End User | |||
| By Country | Nigeria | ||
| South Africa | |||
| Rest of Africa | |||
| Region | Asia-Pacific | By Form | |
| By End User | |||
| By Country | Australia | ||
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Malaysia | |||
| New Zealand | |||
| South Korea | |||
| Thailand | |||
| Vietnam | |||
| Rest of Asia-Pacific | |||
| Region | Europe | By Form | |
| By End User | |||
| By Country | Belgium | ||
| France | |||
| Germany | |||
| Italy | |||
| Netherlands | |||
| Russia | |||
| Spain | |||
| Turkey | |||
| United Kingdom | |||
| Rest of Europe | |||
| Region | Middle East | By Form | |
| By End User | |||
| By Country | Iran | ||
| Saudi Arabia | |||
| United Arab Emirates | |||
| Rest of Middle East | |||
| Region | North America | By Form | |
| By End User | |||
| By Country | Canada | ||
| Mexico | |||
| United States | |||
| Rest of North America | |||
| Region | South America | By Form | |
| By End User | |||
| By Country | Argentina | ||
| Brazil | |||
| Rest of South America |
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Market Definition
- End User - The Protein Ingredients Market operates on a B2B basis. Food, Beverages, Supplements, Animal Feed, and Personal Care & Cosmetic manufacturers are considered to be end-consumers in the market studied. The scope excludes manufacturers buying liquid/dry whey to be used for application as a binding agent or thickener or other non-protein applications.
- Penetration Rate - Penetration Rate is defined as the percentage of Protein-Fortified End User Market Volume in the Overall End User Market Volume.
- Average Protein Content - Average protein content is the average protein content present per 100 g of product manufactured by all end-user companies considered under the scope of this report.
- End User Market Volume - End-user market volume is the consolidated volume of all types and forms of end-user products in the country or region.
| Keyword | Definition |
|---|---|
| Alpha-lactalbumin (α-Lactalbumin) | It is a protein that regulates the production of lactose in the milk of almost all mammalian species. |
| Amino acid | It is an organic compound that contains both amino and carboxylic acid functional groups, which are required for the synthesis of body protein and other important nitrogen-containing compounds, such as creatine, peptide hormones, and some neurotransmitters. |
| Blanching | It is the process of briefly heating vegetables with steam or boiling water. |
| BRC | British Retail Consortium |
| Bread improver | It is a flour-based blend of several components with specific functional properties designed to modify dough characteristics and give quality attributes to bread. |
| BSF | Black Soldier Fly |
| Caseinate | It is a substance produced by adding an alkali to acid casein, a derivative of casein. |
| Celiac disease | Celiac disease is an immune reaction to eating gluten, a protein found in wheat, barley, and rye. |
| Colostrum | It is a milky fluid that’s released by mammals that have recently given birth before breast milk production begins. |
| Concentrate | It is the least processed form of protein and has a protein content ranging from 40-90% by weight. |
| Dry protein basis | It refers to the percentage of "pure protein" present in a supplement after the water in it is completely removed through heat. |
| Dry whey | It is the product resulting from drying fresh whey which has been pasteurized and to which nothing has been added as a preservative. |
| Egg protein | It is a mixture of individual proteins, including ovalbumin, ovomucoid, ovoglobulin, conalbumin, vitellin, and vitellenin. |
| Emulsifier | It is a food additive that facilitates the blending of foods that are immiscible with one another, such as oil and water. |
| Enrichment | It is the process of addition of micronutrients that are lost during the processing of the product. |
| ERS | Economic Research Service of the USDA |
| Extrusion | It is the process of forcing soft mixed ingredients through an opening in a perforated plate or die designed to produce the required shape. The extruded food is then cut to a specific size by blades. |
| Fava | Also known as Faba, it is another word for yellow split beans. |
| FDA | Food and Drug Administration |
| Flaking | It is a process in which typically a cereal grain (like corn, wheat, or rice) is broken down into grits, cooked with flavors and syrups, and then pressed into flakes between cooled rollers. |
| Foaming agent | It is a food ingredient that makes it possible to form or maintain a uniform dispersion of a gaseous phase in a liquid or solid food. |
| Foodservice | It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. |
| Fortification | It is the deliberate addition of micronutrients that are not found in them naturally or which are lost during processing, to improve a food product's nutritional value. |
| FSANZ | Food Standards Australia New Zealand |
| FSIS | Food Safety and Inspection Service |
| FSSAI | Food Safety and Standards Authority of India |
| Gelling agent | It is an ingredient that functions as a stabilizer and thickener to provide thickening without stiffness through the formation of gel. |
| GHG | Greenhouse Gas |
| Gluten | It is a family of proteins found in grains, including wheat, rye, spelt, and barley. |
| Hemp | It is a botanical class of Cannabis sativa cultivars grown specifically for industrial or medicinal use. |
| Hydrolysate | It is a form of protein manufactured by exposing the protein to enzymes that can partially break the bonds between the protein's amino acids and break down large, complicated proteins into smaller pieces. Its processing makes it easier and quicker to digest. |
| Hypoallergenic | It refers to a substance that causes fewer allergic reactions. |
| Isolate | It is the purest and most processed form of protein which has undergone separation to obtain a pure protein fraction. It typically contains ≥ 90% of protein by weight. |
| Keratin | It is a protein that helps form hair, nails, and the outer layer of skin. |
| Lactalbumin | It is the albumin contained in milk and obtained from whey. |
| Lactoferrin | It is an iron‑binding glycoprotein that is present in the milk of most mammals. |
| Lupin | It is the yellow legume seeds of the genus Lupinus. |
| Millenial | Also known as Generation Y or Gen Y, it refers to the people born from 1981 to 1996. |
| Monogastric | It refers to an animal with a single-compartmented stomach. Examples of monogastric include humans, poultry, pigs, horses, rabbits, dogs, and cats. Most monogastric are generally unable to digest much cellulose food materials such as grasses. |
| MPC | Milk protein concentrate |
| MPI | Milk protein isolate |
| MSPI | Methylated soy protein isolate |
| Mycoprotein | Mycoprotein is a form of single-cell protein, also known as fungal protein, derived from fungi for human consumption. |
| Nutricosmetics | It is a category of products and ingredients that act as nutritional supplements to care for skin, nails, and hair natural beauty. |
| Osteoporosis | It is a medical condition in which the bones become brittle and fragile from loss of tissue, typically as a result of hormonal changes, or deficiency of calcium or vitamin D. |
| PDCAAS | Protein digestibility-corrected amino acid score (PDCAAS) is a method of evaluating the quality of a protein based on both the amino acid requirements of humans and their ability to digest it. |
| Per-capita consumption of animal protein | It is the average amount of animal protein (such as milk, whey, gelatin, collagen, and egg proteins) that is readily available for consumption by each person in an actual population. |
| Per-capita consumption of plant protein | It is the average amount of plant protein (such as soy, wheat, pea, oat, and hemp proteins) that is readily available for consumption by each person in an actual population. |
| Quorn | It is a microbial protein manufactured using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms. |
| Ready-to-Cook (RTC) | It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package. |
| Ready-to-Eat (RTE) | It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten. |
| RTD | Ready-to-Drink |
| RTS | Ready-to-Serve |
| Saturated fat | It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy. |
| Sausage | It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing. |
| Seitan | It is a plant-based meat substitute made out of wheat gluten. |
| Softgel | It is a gelatin-based capsule with a liquid fill. |
| SPC | Soy protein concentrate |
| SPI | Soy protein isolate |
| Spirulina | It is a biomass of cyanobacteria that can be consumed by humans and animals. |
| Stabilizer | It is an ingredient added to food products to help maintain or enhance their original texture, and physical and chemical characteristics. |
| Supplementation | It is the consumption or provision of concentrated sources of nutrients or other substances that are intended to supplement nutrients in the diet and is intended to correct nutritional deficiencies. |
| Texturant | It is a specific type of food ingredient that is used to control and alter the mouthfeel and texture of food and beverage products. |
| Thickener | It is an ingredient that is used to increase the viscosity of a liquid or dough and make it thicker, without substantially changing its other properties. |
| Trans fat | Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat. |
| TSP | Textured soy protein |
| TVP | Textured vegetable protein |
| WPC | Whey protein concentrate |
| WPI | Whey protein isolate |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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