Get In Touch

The growing awareness about the benefits of soy products is expected to drive the growth of the global organic soy protein market. The growing health awareness among consumers is expected to boost the demand for organic soy protein. The trend of shifting from dairy products to soy is gaining traction worldwide and is estimated to boost the growth of the market. The price of soy protein products is cheaper than other similar products. This will help drive their sales and consumption. Soy protein is a complete protein source for human body and comprises amino acids. Organic soy protein market is also driven by the increasingly turning vegan population as it fulfills their protein demand. Organic soy protein is also in demand from people suffering from chronic diseases, diabetes, and obesity. The increasing popularity of organic products will also aid the growth of this market.                                     

Increasing recommendations for healthy eating by doctors and rising awareness among consumers about the side effects of consuming unhealthy foods is fueling the demand for organic soy proteins. An increasing shift by consumers from meat products to soy products will also help this market’s growth in the period from 2016 and 2026. The demand for these products is also increasing from those consumers who are lactose intolerant and cannot have milk and milk products. On the other hand, the market is threatened by the availability of non-organic soy protein, which is even cheaper. This will restrict the growth of the market. 

Soya protein is the least expensive source of dietary protein, also entitled as ‘complete protein’ for a human body which contain amino acid. Today’s supermarket aisle are filled with many meat alternative for vegan or vegetarian to fulfil their dietary demand of protein rich nutritious food such as salad dressings, soups, fake meats, infant formula, breads, cereals, tofu and supplements. From food varieties to hand lotion to firefighting foam, soya is a versatile humble bean. Compared to varied range of applications, dairy alternative application of organic soy protein is projected to have a significant growth followed by meat alternative application. Concentrated form of organic soya protein is comparatively in higher demand; from both consumer and manufacturer end. As it has excellence to replace the significant percentage of protein in other products without affecting their taste, texture and color. Whereas it has non allergic character which makes it favorable among manufacturer.

Organic Soy Protein Market: Drivers & Restraints

Obesity, diabetes and other chronic diseases are arising with significant percentage of population for their improper modern life style. It is not limited to any particular region but spreading worldwide.  To control and cure these diseases doctors are recommending healthy eating. People are becoming more aware of modern life style’s side effect and prefer precaution over cure. This shift from traditional dairy and meat product to soya product is the main factor for organic soy protein market growth. Rising popularity of organic food among healthy eater is another driving factor propelling organic soy protein market.

Besides experiencing unprecedented market growth, organic soy protein is not only facing competition from non-organic soya food source but also from other organic oilseed products such as flax and sunflower. Some people are allergic to soya or high protein intake. These two factors acts as a restrain in the growth of organic soy protein market.

Organic Soy Protein Market: Segmentation

Organic soy protein market is segmented by its form, end use, bonding nature, application and region.

On the basis of product state, organic soy protein market is segmented into:

  • Liquid
  • Dry

On the basis of product form, organic soy protein market is segmented into:

  • Powder
  • Concentrated
  • Isolated 

On the basis of its applications, organic soy protein market is segmented into:

  • Dairy alternatives
  • Functional food
  • Infant formula
  • Meat alternative
  • Confectionary
  • Bakery
  • Others

Organic Soy Protein Market: Regional Outlook

Based on the geographies, organic soy protein market is segmented into seven regions - North America organic soy protein market, Latin America organic soy protein market, Eastern Europe organic soy protein market, Western Europe organic soy protein market, APEJ organic soy protein market, Japan organic soy protein market and the Middle East & Africa organic soy protein market. Among the regions mentioned above, North America, Eastern and Western Europe are dominating global market of organic soy protein. Due to speedy growth in urban life style, population of India and China are becoming more health conscious and leaning towards healthy and nutritional food habits. This trend in these and nearby countries are making Asia Pacific (excluding Japan) fastest growing market for organic soya protein. Middle East & Africa has a steady demand for organic soya protein.

Organic Soy Protein Market: Key Players

Few of the market players accounting over organic soy protein market includes Burcon NutraScience, Harvest Innovations, Armor Proteins, World Food Processing, George Weston Foods, ADM, Devansoy Inc., Kellogg Company, The Scoular Company, Omega Protein Corporation, SunOpta Inc., MGP Ingredients, Dupont, Bunge Alimentos SA. Currently soya protein market is experiencing unique beneficiaries of success, hence competition in this market is increasing intensely, and this attract many new entities to enter this industry. Following are the other companies operating in an organic soya protein market; Kraft Foods, FRANK Food Products, DuPont Agriculture & Nutrition, Hodgson Mill, Dean Foods Company, Agrawal Oil & BioChem, Manildra Group, Biopress S.A.S., Gelita Group, Natural Products, Inc., Cargill Health & Food Technologies, Kerry Ingredients Inc., Doves Farm Foods.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Organic Soy Protein Market

Pre Book