Home / Food & Beverage / Soy Protein Ingredients Market By Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Flour), By Application (Bakery And Confectionary, Processed Meat Products, Functional Foods, Dairy Replacers, Infant Foods) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

Soy Protein Ingredients Market By Type (Soy Protein Isolates, Soy Protein Concentrates, Soy Flour), By Application (Bakery And Confectionary, Processed Meat Products, Functional Foods, Dairy Replacers, Infant Foods) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

Published: Dec 2016 | Report Code: 58288-12-16

Transformation of raw material into healthy food product is resultant of efficient processing, preparation, distribution and finally consumption of food product. Increasing concerns of consumers regarding healthy and green food products, demand for plant products is anticipated to remain significant in the near future. Technological advancements in food have led towards development of varied soy products including isolates, concentrates and other edible soy products. This has further led to increased consumption of soy-based products among consumers across the globe. Soy protein products are used as functional and nutritional food ingredient across various food products. Owing to demand for low-cost source of protein from plants, the food product formulators are focused on developing products, which offer enhanced nutrients required for the human body.

Some of the factors driving the demand for soy protein ingredients include changing consumer food patterns, inclination of consumers towards vegetarian food, rising meat prices, ban on usage of animal sources by governments of various countries, increasing availability of ready-to-eat food products and increasing concerns of consumers towards healthy and nutritious food products. However, taste preferences for soy-based products restricts its adoption among few consumers and thus, might hinder the soy protein ingredients market growth rate in the near future.

Globally, soy protein ingredients market in North America is expected to be largest in terms of value followed by Europe and Asia Pacific. Increasing government support and subsidies related to improved agricultural practices and crop yield methods. Asia Pacific is further anticipated to exhibit fastest CAGR during the forecast period, which is attributed to growing food and beverage industry in China and India leading towards demand for soy protein ingredients coupled with awareness among consumers regarding of soy protein ingredients benefits such as low fat and sugar content, environment friendly as compared to animal protein ingredients and high nutritional content.

Global soy protein ingredients market is expected to be valued at US$ 8.0 Bn by the end of 2016 and is projected to expand at a CAGR 6.3% during the forecast period 2016-2023.

Soy Protein Ingredients Market

 

Purpose of the Report

The purpose of this strategic research study titled “Global Soy Protein Ingredients Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global soy protein ingredients market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • soy protein ingredients manufacturers
  • Oil & Gas exploration and production companies
  • Downstream & Midstream Companies
  • Research Institutes

USP and Key Offerings

The report titled “Global Soy Protein Ingredients Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the soy protein ingredients market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading soy protein ingredients manufacturers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to validate the forthcoming attractive markets within chemicals and materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global soy protein ingredients market growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Soy Protein Ingredients Market Snapshot
2.1.1. Global Soy Protein Ingredients Market by Type,2015
2.1.2. Global Soy Protein Ingredients Market by Application,2015
2.1.3. Global Soy Protein Ingredients Market by Geography,2015

3. Global Soy Protein Ingredients Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges During the Forecast Period, (2016-2023)
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Type, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Type
4.2. Soy Protein Isolates
4.3. Soy Protein Concentrates
4.4. Soy Flour

5. Global Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs 2023
5.1.2. Attractive Investment Proportion by Application
5.2. Bakery And Confectionary
5.3. Processed Meat Products
5.4. Functional Foods
5.5. Dairy Replacers
5.6. Infant Foods
5.7. Others

6. Global Soy Protein Ingredients Market Size (US$), By Geography, 2013 – 2023
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2023
6.1.2. Attractive Investment Proportion by Geography
6.2. North America Soy Protein Ingredients Market Analysis, 2013 – 2023
6.2.1. North America Soy Protein Ingredients Market Size (US$), By Country, 2013 – 2023
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
6.2.2.1. Soy Protein Isolates
6.2.2.2. Soy Protein Concentrates
6.2.2.3. Soy Flour
6.2.3. North America Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
6.2.3.1. Bakery And Confectionary
6.2.3.2. Processed Meat Products
6.2.3.3. Functional Foods
6.2.3.4. Dairy Replacers
6.2.3.5. Infant Foods
6.2.3.6. Others
6.3. Europe Soy Protein Ingredients Market Analysis, 2013 – 2023
6.3.1. Europe Soy Protein Ingredients Market Size (US$), By Region, 2013 – 2023
6.3.1.1. E.U. 7
6.3.1.2. CIS
6.3.1.3. Rest of Europe
6.3.2. Europe Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
6.3.2.1. Soy Protein Isolates
6.3.2.2. Soy Protein Concentrates
6.3.2.3. Soy Flour
6.3.3. Europe Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
6.3.3.1. Bakery And Confectionary
6.3.3.2. Processed Meat Products
6.3.3.3. Functional Foods
6.3.3.4. Dairy Replacers
6.3.3.5. Infant Foods
6.3.3.6. Others
6.4. Asia Pacific Soy Protein Ingredients Market Analysis , 2013 – 2023
6.4.1. Asia Pacific Soy Protein Ingredients Market Size (US$), By Country, 2013 – 2023
6.4.1.1. China
6.4.1.2. India
6.4.1.3. Japan
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
6.4.2.1. Soy Protein Isolates
6.4.2.2. Soy Protein Concentrates
6.4.2.3. Soy Flour
6.4.3. Asia Pacific Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
6.4.3.1. Bakery And Confectionary
6.4.3.2. Processed Meat Products
6.4.3.3. Functional Foods
6.4.3.4. Dairy Replacers
6.4.3.5. Infant Foods
6.4.3.6. Others
6.5. Latin America Soy Protein Ingredients Market Analysis , 2013 – 2023
6.5.1. Latin America Soy Protein Ingredients Market Size (US$), By Country, 2013 – 2023
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
6.5.2.1. Soy Protein Isolates
6.5.2.2. Soy Protein Concentrates
6.5.2.3. Soy Flour
6.5.3. Latin America Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
6.5.3.1. Bakery And Confectionary
6.5.3.2. Processed Meat Products
6.5.3.3. Functional Foods
6.5.3.4. Dairy Replacers
6.5.3.5. Infant Foods
6.5.3.6. Others
6.6. Middle East & Africa (MEA) Soy Protein Ingredients Market Analysis , 2013 – 2023
6.6.1. MEA Soy Protein Ingredients Market Size (US$), By Region, 2013 – 2023
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
6.6.2.1. Soy Protein Isolates
6.6.2.2. Soy Protein Concentrates
6.6.2.3. Soy Flour
6.6.3. MEA Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
6.6.3.1. Bakery And Confectionary
6.6.3.2. Processed Meat Products
6.6.3.3. Functional Foods
6.6.3.4. Dairy Replacers
6.6.3.5. Infant Foods
6.6.3.6. Others

7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Intelligent Pigging Services Manufacturers
7.2.1. Archer Daniels Midland Company
7.2.1.1. Business Description
7.2.1.2. Financial Information
7.2.1.3. Product Positions/Portfolio
7.2.1.4. Key Developments
7.2.2. Dupont Nutrition & Health
7.2.3. Cargill, Incorporated
7.2.4. CHS Inc.
7.2.5. Kerry Group PLC
7.2.6. Wilmar International Limited
7.2.7. Nisshin Oillio Group, Ltd.
7.2.8. Ruchi Soya Industries
7.2.9. AG Processing Inc.
7.2.10. Devansoy Inc.

Note:

  • The list of company profiles included in this ToC is tentative. Profiles of specific players, if required, shall be added to the report upon request
  • This ToC is tentative in nature and is subject to further refinement during the course of the research

List Of Table :

TABLE 1 Market Snapshot: Global Soy Protein Ingredients Market
TABLE 2 North America Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 3 North America Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 4 U.S. Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 5 U.S. Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 6 Canada Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 7 Canada Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 8 Europe Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 9 Europe Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 10 Germany Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 11 Germany Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 12 France Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 13 France Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 14 Italy Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 15 Italy Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 16 U.K. Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 17 U.K. Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 18 Russia Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 19 Russia Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 20 Rest of Europe Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 21 Rest of Europe Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 22 Asia Pacific Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 23 Asia Pacific Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 24 India Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 25 India Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 26 China Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 27 China Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 28 Japan Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 29 Japan Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 30 Rest of Asia Pacific Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 31 Rest of Asia Pacific Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 32 Latin America Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 33 Latin America Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 34 Brazil Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 35 Brazil Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 36 Mexico Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 37 Mexico Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 38 Rest of Latin America Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 39 Rest of Latin America Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 40 MEA Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 41 MEA Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 42 GCC Countries Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 43 GCC Countries Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 44 South Africa Soy Protein Ingredients Market Size (US$), By Type, 2013 – 2023
TABLE 45 South Africa Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
TABLE 46 Archer Daniels Midland Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 47 Dupont Nutrition & Health: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 48 Cargill, Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 49 CHS Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 50 Kerry Group PLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 51 Wilmar International Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 52 Nisshin Oillio Group, Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 53 Ruchi Soya Industries: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 54 AG Processing Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 55 Devansoy Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List Of Figure :

FIG. 1 Global Soy Protein Ingredients : Market Segmentation
FIG. 2 Global Soy Protein Ingredients Market: Research Methodology
FIG. 3 Market Positioning of Key Soy Protein Ingredients Companies, 2015
FIG. 4 Global Soy Protein Ingredients Market Size (US$), By Type, 2015
FIG. 5 Global Soy Protein Ingredients Market Size (US$), By Soy Protein Isolates, 2013 – 2023
FIG. 6 Global Soy Protein Ingredients Market Size (US$), By Soy Protein Concentrates, 2013 – 2023
FIG. 7 Global Soy Protein Ingredients Market Size (US$), By Soy Flour, 2013 – 2023
FIG. 8 Global Soy Protein Ingredients Market Size (US$), By Application, 2013 – 2023
FIG. 9 Global Soy Protein Ingredients Market Size (US$), By Bakery and Confectionery, 2013 – 2023
FIG. 10 Global Soy Protein Ingredients Market Size (US$), By Processed Meat Products, 2013 – 2023
FIG. 11 Global Soy Protein Ingredients Market Size (US$), By Functional Foods, 2013 – 2023
FIG. 12 Global Soy Protein Ingredients Market Size (US$), By Dairy Replacers, 2013 – 2023
FIG. 13 Global Soy Protein Ingredients Market Size (US$), By Infant Foods, 2013 – 2023
FIG. 14 Global Soy Protein Ingredients Market Size (US$), By Others, 2013 – 2023
FIG. 15 Global Soy Protein Ingredients Market Size (US$), By Regions, 2015 & 2023
FIG. 16 North America Soy Protein Ingredients Market Size (US$), 2013 – 2023
FIG. 17 Europe Soy Protein Ingredients Market Size (US$), 2013 – 2023
FIG. 18 Asia Pacific Soy Protein Ingredients Market Size (US$), 2013 – 2023
FIG. 19 Latin America (LATAM) Soy Protein Ingredients Market Size (US$), 2013 – 2023
FIG. 20 Middle East and Africa Soy Protein Ingredients Market Size (US$), 2013 – 2023

 

The global soy protein ingredients market can be categorized on the basis of type as:

  • Soy Protein Isolates
  • Soy Protein Concentrates
  • Soy Flour

Soy Protein Ingredients Market

Increasing demand for cost effective vegetable proteins have led towards adoption of soy protein ingredients across different food formulations. Soy protein ingredients are categorized broadly into soy protein concentrates, soy protein isolates and soy flour. Among these types, soy protein isolates segment accounted for around highest market share and is expected to remain dominant throughout the forecast period. Extensive research and development by companies operating in the protein ingredients market in order to offer better and enhanced ingredients in comparison to available animal protein products is anticipated to fueling the soy protein isolates market growth. Furthermore, health benefits such as viscosity proteins, fat absorption and texture development are some of the factors leading towards increased consumption of soy-based products, thereby leading to increased application of soy protein ingredients in food and beverage products. Also, there has been continuous research and development towards development of advanced products leading to soy protein ingredients application in other food and beverage products. Soy protein concentrates segment is anticipated to record significant growth in the forthcoming years, which is due to increased product launches comprising soy protein concentrates as compared to isolates among food and beverage product manufacturers.

On the basis of application, the soy protein ingredients market is categorized into following types:

  • Bakery and Confectionery
  • Processed Meat Products
  • Functional Foods
  • Dairy Replacers
  • Infant Foods
  • Others

Of different applications, bakery and confectionery segment holds largest market share and is expected to maintain its dominance throughout the forecast period. Increasing bakery and confectionery food product consumption along with demand for high quality and protein rich food products among consumers drives the demand for soy protein ingredients in these products subsequently.  Furthermore, increasing demand for healthy and plant-based products especially from countries such as India, China and Brazil, wherein shifting consumer preferences for food products plays a pivotal role in adoption of better and efficient ingredient sources such as soy protein ingredients among manufacturers, thus mitigating the demand for nutritional food ingredients among consumers globally. Functional foods segment is expected to record highest growth, which is attributed to its increasing consumption of these products, leading towards development of ingredients suiting the end use consumer requirement, thereby fuelling soy protein ingredients market growth across the globe. In addition, ban on animal protein as an ingredient in food products coupled with new product development with customization stimulates the soy protein ingredients market growth.

Soy Protein Ingredients Market

For the purpose of this study, the global soy protein ingredients market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

In 2015, North America was the leading market followed by Europe. Both these regions together accounted for more than 70% share of the market in terms of value. However, growth is projected to be fastest from the Asia Pacific region during the forecast period 2016 to 2023. Growth in this region is attributed to various factors including rising demand for green label food products coupled with increasing awareness related to healthy and plant-based products especially in countries such as China and India. This is further expected to lead towards adoption of clean label products, thus fuelling soy protein ingredients market growth. Moreover, functional food acceptance among consumers in Asia Pacific is increasing, which is further anticipated to fuel the demand for soy protein ingredients among the food product manufacturers, thereby a significant market growth. The market for soy protein ingredients in North America is anticipated to record significant growth, followed by Europe and Latin America. The market for soy protein ingredients in Middle East and Africa is projected to grow at a moderate rate during the forecast period.

Soy Protein Ingredients Market

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