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Published Date: 2017-12-04Number of Pages: 170

Soy Protein Concentrate Market (Form – Dry, and Liquid; Applications - Animal Feed, Meat Processing, Bakery & Confectionary, and Other Applications; Function – Nutrients, Emulsifier, Fat & Water Absorption, and Other Functions) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026

Soy protein concentrate is primarily defatted soy flour devoid of water-soluble carbohydrates, and comprise of 70% soy protein. Soy protein concentrate is prepared by eliminating soluble sugars from defatted and dehulled soybeans. Soy protein concentrate retains majority of fiber content of the original soybean.

Demand for Soy Protein Concentrate to Gain Momentum as an Economical & Highly Nutritious Food Product

With consumers becoming better informed about nutrition, the food processing industry has adopted formulas/recipes that meet the changing marketplace demands. In addition to tackling issues concerning provision of nutrition-rich food, manufacturers are also emphasizing on their products’ appearance, texture, and taste. Number of health- and diet-conscious consumers is most likely to increase in the near future, resulting into increased demand for calorie-controlled & tailored nutritional foods. This will further accelerate demand for soy protein concentrate as an economical and highly nutritious food product. In light of their texture-forming and better functional properties, there is no doubt in soy protein concentrate’s pivotal role in this modern world of restructured food technology. 

global soy protein concentrate market

Food processors across the globe are focusing on new product innovations such as GMO-free soy protein concentrate with the aid of product formulation changes, which in turn has resulted into an increased consumer demand. The fast-paced lifestyles of people in developed and developing regions have resulted into a rise in demand for ready-to-eat nutrition-rich food products, and availability of such soy protein products will further lead towards their market expansion. In addition, demand for soy protein concentrates is significantly high in several food industries such as functional foods, bakery & confectionery, and infant foods. A recent research study by Transparency Market Research (TMR) has projected the global market for soy protein concentrate to showcase a steady rise during the forecast period, 2017 to 2026. Global sales of soy protein concentrates are estimated to account for roughly US$ 4,400 Mn revenues by 2026-end.

APEJ will continue to be Largest Market for Soy Protein Concentrate

Asia-Pacific excluding Japan (APEJ) will continue to be the largest market for soy protein concentrate, with sales estimated to reach approximately US$ 2,000 Mn in revenues by 2026-end. Growth of APEJ’s market can be highly attributed to increasing demand for clean label products, and rising awareness about plant-based & healthy food products in the region, particularly in China and India. Between Europe and North America, the former will account for a larger market revenue share, whereas the latter will register a relatively faster expansion in the market throughout the forecast period.

Animal feed is expected to remain the most lucrative application of soy protein concentrate. Revenues from sales of soy protein concentrate for animal feed is likely to account for over two-fifth share of the market by 2026-end. Application of soy protein concentrate in meat processing will register a robust expansion in the market through 2026.

Fat & Water Absorption to Reflect Highest CAGR through 2026

Based on function, fat & water absorption is projected to reflect the highest CAGR in the market through 2026. However, nutrients and emulsifiers will account for relatively larger revenue shares of the market during the forecast period. In contrast, texturants will account for the smallest revenue share of the market during 2017 to 2026.

On the basis of form, liquid soy protein concentrate is expected to exhibit a relatively faster expansion than dry soy protein concentrate through 2026, although the former will remain more lucrative than the latter.

Competition Tracking 

Key market players profiled in TMR’s report include Archer Daniels Midland, Cargill Inc., Wirmal International, Batory Foods, Nordic Soy Oy, Nutra Food Ingredients LLC, Food Chem International Corporation, Gremount International Company Limited, Euroduna Food Ingredients, and CHS Inc.

Transparency Market Research (TMR) has offered an exhaustive, and unbiased research report on the global soy protein concentrate market. The report delivers a detailed study of the global soy protein concentrate market, covering its key dynamics comprehensively, along with key trends impacting the market expansion. The report also offers an analysis on the market data around multiple parameters, for reaching at accurate market numbers. The competitive landscape of the global soy protein concentrate market has also been included in the report, which delivers information on key participants contributing to expansion of the market.

Report Structure

The initial chapter of the report provides executive summary of the global soy protein concentrate market, followed by a market introduction and definition of the target product – soy protein concentrate. The executive summary delivers a 360-degree view of the market, while focusing on regional segments covered in the report. This chapter also offers the most relevant and significant market numbers, which include the historical CAGR for the years 2012 to 2016, and the forecast CAGR for the years 2017 to 2026. The executive summary also sheds light on profitable regions for the market expansion on the basis of highest CAGR, and largest revenues share.

The introduction of global soy protein concentrate market allows report readers in understanding the market’s broad scope. The following chapter renders information on key dynamics influencing expansion of the global soy protein concentrate market. Key points covered in this chapter comprise the list of suppliers, and global economy. In its succeeding chapter, the report gives information associated with the cost structure analysis and pricing analysis of global soy protein concentrate market. Furthermore, the report has also offered analysis on the presence of key market players with the aid of an intensity map.

Market Taxonomy

The report has provided a segmentation-wise analysis & forecast of global soy protein concentrate market on the basis of form, applications, function, and region. This chapter includes imperative numbers pertaining to the market segments based on market share comparison, Y-o-Y growth comparison, and revenue comparison. On the basis of regions, the report has segmented global soy protein concentrate market into Asia-Pacific excluding Japan (APEJ), Europe, North America, Latin America, Middle East & Africa (MEA), and Japan.

Region

Form

Applications

Function  

  • North America
  • Dry
  • Animal Feed
  • Nutrients
  • Latin America
  • Liquid
  • Meat Processing
  • Emulsifier
  • Europe

 

Bakery & Confectionery

  • Fat & Water Absorption
  • Japan

 

Others Applications

  • Texturants
  • APEJ

 

 

  • Other Functions
  • MEA

 

 

 

 

Competition Landscape 

The concluding chapter of the report focuses on the global soy protein concentrate market’s competition landscape, delivering a detailed information on leading market players. This information about market participants is provided in the form of product overview, key financials, company overview, and key developments made by market players. The competition landscape also provides the SWOT (strengths, weaknesses, opportunities, and threats) analysis of the market players. The chapter on the market’s competition landscape is the most valuable part of the report, which contains every necessary information about market players for studying global leaders contributing to expansion of global market for soy protein concentrate. The competition landscape also offers analysis on how these companies are implementing their strategies, and their vision for acquiring a leading position in the market.

Research Methodology

The report on the global soy protein concentrate market is backed by a comprehensive research methodology, which depends upon both primary research and secondary research to gain all necessary information on the global soy protein concentrate market. Primary research forms the bulk of research efforts in addition to information garnered from telephonic interviews as well as interactions through e-mails. Secondary research includes analysis of company websites, stock analysis presentations, press releases, annual reports, and different national as well as international databases.


 
 
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