Soy Protein Ingredients Market Company Profiles, Analysis & Forecast Till 2030

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Soy Protein Ingredients Market to at over 10
CAGR by 2032
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Overview of Soy Protein Ingredients Market

• Global Soy Protein Ingredients Market is
  anticipated to depict appreciable growth and
  record a sizeable valuation by 2030. The market
  growth is attributed to the increasing demand for
  food globally and the subsequent rise in
  livestock, aquaculture, and meat production.
• According to the UN FAO estimates, the global
  demand for food may witness over 60 growth
  between 2010 and 2050, while dairy, aquaculture,
  and meat production is expected to rise by 55,
  90, and 70, respectively. The transition toward
  natural feed ingredients has gained significant
  momentum over the years due to growing health
  concerns and an accelerating inclination towards
  antibiotic-free meat. This, alongside the rapid
  integration of soy protein ingredients in
  compounded foods to improve their nutritional
  profile, will stimulate the industry revenue
  streams in the coming years.
• The soy protein ingredients market is categorized
  based on product, nature, application, and
  region.

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• With respect to the product, the soy flour
  segment is projected to exhibit nearly 8.5 CAGR
  from 2022 to 2030. Soy flour is a rich source of
  Vitamin B and calcium and adds a pleasant flavor
  and texture to a range of food products while
  enhancing their nutritional content. Clinical
  studies claim that women who include soy flour in
  their diets post-menopause are less likely to
  experience hot flashes and night sweats than
  those who do not, creating a positive growth
  outlook for the market.
• In terms of the nature of protein, the GMO soy
  protein ingredients segment is poised to garner
  appreciable revenues by 2030. The considerable
  rise in poultry and livestock farming practices
  is likely to boost segment growth through 2030.
  Besides, the favorable regulatory norms
  pertaining to the production and cultivation of
  bioengineered crops across several developed
  economies, such as the US, will foster product
  adoption in the foreseeable future.
• Speaking of the application spectrum, the infant
  food market size is slated to surpass USD 780
  million by 2030. The expanding infant population
  and the escalating working women trends across
  countries such as Canada, India, China,
  Australia, and the US are expected to boost the
  demand for infant foods. Increasing RD
  investments and practices by leading
  manufacturing firms towards developing improved
  infant formulations will bring about lucrative
  growth to the soy protein ingredients industry.

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• Regionally, the Latin America market is predicted
  to drive revenues worth more than USD 830 million
  by 2030. The regional industry is fueled by the
  increasing consumer inclination towards healthy
  and nutritional food supplements. In addition,
  the burgeoning demand for plant-based ingredients
  due to their positive health impacts and rising
  awareness against animal cruelty will propel soy
  protein ingredient sales across the region.
• Notable participants in the Soy Protein
  Ingredients market include Cargill Inc.,
  Archer-Daniels-Midland Company (ADM), Dupont,
  Sotexpro, Wilmar International, CHS Inc., Bioway,
  Farbest Brands, Sonic Biochem, Prinova Group LLC,
  Chaitanya Chemicals, Batory Foods, and Medix
  laboratories.

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