Soy protein is a protein that is isolated from soybean. It is made from soybean meal that has been dehulled and defatted. Dehulled and defatted soybeans are processed into different kinds of high protein commercial products- soy flour, concentrates, isolates and soy flour.
The industry is highly fragmented in terms of products, end uses and suppliers, but its markets can broadly be categorized as food industry and feed industry. Processed meat product, dairy replacement, and confectionery are important applications in food & beverage applications. Until 2016, China overall was the dominant producer and exporter of soy protein concentrate, but USA and Europe remained their stable position in global market. Leading players in soy protein industry are ADM, Cargill, CHS, DuPont, Yuwang Group, Gushen Biological Technology Group, Sojaprotein etc.
In the report, our data covered Soy Protein Concentrate, Soy Protein Isolate, Textured Soy Protein and Soy Flour. In the four products, Soy Flour occupies the largest market share due to the cheap price and simple production process. Soy Protein Isolate has a high price. In the TSP market, ADM, DuPont, Sojaprotein and Shandong Yuxin Bio-Tech are the main participants. In the Soy Flour market, ADM, Cargill and CHS hold an absolute market share. In the SPC market, ADM, DuPont, Gushen Group, Tiancheng Group and Yuwang Group are market leaders. In the SPI market, ADM and CHS are market leaders.
A key variable in the performance of soy protein producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of soy protein include soybean, alcohol and hydrochloric acid. This injects short-term volatility into margins and stock prices.
According to this study, over the next five years the Soy Protein market will register a 7.0% CAGR in terms of revenue, the global market size will reach USD 10700 million by 2024, from USD 7140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Soy Protein business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Soy Protein market by product type, application, key manufacturers and key regions and countries.
This study considers the Soy Protein value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Soy Protein Concentrate
Soy Protein Isolate
Textured Soy Protein
Soy Flour
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Processed Meat Products
Bakery and Confectionary
Beverage
Animal Feed
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
ADM
Cargill
CHS
DuPont
Yuwang Group
Gushen Group
Sojaprotein
Tiancheng Group
Wonderful Industrial Group
Scents Holdings
Goldensea Industry
Shansong Biological Products
FUJIOIL
IMCOPA
Shandong Sanwei
Hongzui Group
MECAGROUP
Sonic Biochem
Henan Fiber Source
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Soy Protein consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Soy Protein market by identifying its various subsegments.
Focuses on the key global Soy Protein manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Soy Protein with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Soy Protein submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
