Soy Protein Market Overview
The Global Soy Protein Market is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.9% from 2024 to 2031. Soy protein, a rich source of plant-based protein, is extensively used in vegan diets. Key components of soy protein, glycinin and conglycinin, make up approximately 80% of its total content and are known for their cholesterol-lowering benefits. Additionally, soy protein contains lectin and lunasin, which possess anti-cancer properties.
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Soy Protein Market Segmentation
The Soy Protein Market is segmented by type and application. The key types include soy protein concentrates, soy protein isolates, textured soy protein, soy flours, and others (such as soy grits and hydrolyzed soy proteins).
By application, the market is divided into:
- Food: This includes bakery and confectionery, meat alternatives, functional foods, dairy replacements, infant foods, and other food applications.
- Feed: This covers livestock, cattle, swine, poultry, pet food, and aquafeed.
Geographically, the market is segmented into the following regions: North America, South America, Europe, Asia Pacific, and the Rest of the World (RoW).
Explore the diverse segments of the soy protein market and understand the regional dynamics driving global growth.
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Scope of the Report
The report provides a comprehensive analysis of the Global Soy Protein Market, including factors impacting the market, Porter’s Five Forces analysis, market share analysis, price trend analysis, product benchmarking, and detailed company profiles.
Key companies profiled in the report that hold significant market shares include:
- Archer Daniels Midland Company
- E. I. Du Pont De Nemours and Company
- Cargill
- CHS Inc.
- Kerry Group PLC
- Wilmar International Limited
- Nisshin Oillio Group, Ltd.
- Ruchi Soya Industries Limited
- AG Processing Inc.
- Devansoy Inc.
- The Scoular Company
- Bio Press S.A.S.
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