Textured Soy Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Textured Soy Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : October, 2021 | Food and Beverages

Report Digest


Global Textured Soy Protein Market: An Overview

Soy protein are the protein derived from soya bean and the defatted soy protein is commonly known as soy protein. The texture soy protein market is anticipated to rise on the back of its inexpensive nature and rapidly growing health-conscious population across the globe. 

An upcoming report on the texture soy protein market by Transparency Market Research is expected to offer an in depth analysis on industry. The report is anticipated to cover every segments of the textured soy protein market.  Along with this, the report is anticipated to consists of vital data that will help indicating growth and latest trend in the texture soy protein market during the forecast period. 

Global Textured Soy Protein Market: Notable Developments

Some of the recent development in the global texture soy protein market are-

There has been a significant demand for textured soy owing to the significant rise in the food processing industry. This has increased application of texture soy protein in several sectors such as meat processing, functional foods, and dairy replacements. This is a major development expected to drive the textured soy protein market in the coming few years.

Global Textured Soy Protein Market: Key Trends

The textured soy protein market is like to expand at a significant phase during the forecast period. This is mainly due to flourishing food and beverage industry both in developed and developing nations. 

Apart from this, significant rise in the demand for organic soy protein products is another prominent factor expected to drive the textured soy protein market.  Additionally, surge in ready to use products is another factor likely to drive the textured soy protein market. This is because textured soy protein is a widely used in the manufacturing of these products.

However, a major that is likely to restraint growth in the textured soy protein market is the stringent government regulations for genetically modified crops owing to the risks associated on humans and the environment by consuming them. Along with this, inadequate consumer awareness regarding plant protein and protein isolates is another strong factor hampering market growth.

Use of Soy protein concentrates in manufacturing of several functional and nutritional ingredients such as baked products, breakfast cereals, and meat products is expected to offer lucrative avenue for the growth of the global textured soy protein market.

Global Textured Soy Protein Market: Regional Outlook

On the basis of region, the textured soy protein market is divided into North America, Asia, Latin America, Europe and the Middle East and Africa. Among all these North America accounted for the largest market share for textured soy protein in 2016 owing to the increase in demand for textured soy protein in countries such as the US and Canada.

Some of the most prominent competitors operating in the competitive landscape of global textured soy protein market include –

  • DM
  • Cargill
  • DowDuPont
  • Wilmar International
  • Victoria Group, Bremil Group
  • Linyi Shansong Biological Products
  • Shandong Yuxin Bio-Tech
  • Crown Soya Protein Group
  • Sonic Biochem
  • Hung Yang Foods

These players are focusing on brooding of their portfolio due to varied requirements from consumers. Apart from this, mergers, collaboration and business expansion are the top strategies used by them to tap several opportunities in the textured soy protein market.

The textured soy protein market has been segmented into:

Type:

  • Non-GMO
  • Conventional
  • Organic

Source

  • Soy protein concentrates
  • Soy protein isolates
  • Soy flour

Application

  • Food
    • Meat substitutes
    • Dairy alternatives
    • Infant nutrition
    • Bakery products
    • Cereals & snacks
  • Feed

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  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

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Accurate Trend Analysis

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Regional Assessment

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Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

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The reports offer answers to the top 7 questions that revolve around the growth of the market

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  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?