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PUBLISHER: IMARC | PRODUCT CODE: 1347609
PUBLISHER: IMARC | PRODUCT CODE: 1347609
Textured Soy Protein Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Market Overview:
The global textured soy protein market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.7% during 2023-2028.
Textured soy protein is processed from defatted soy flour mixture and used as a meat extender or substitute in tacos, meatloaf, chili, sloppy joes, and seafood. It can also be utilized for adding a unique texture and mild flavor to commercially made vegetarian and vegan food products, such as sauces, plant-based chili mixes, and veggie burgers. It is low in calories and contains several essential nutrients, including fiber, copper, folate, magnesium, and thiamin. It is also rich in folate, which is a water-soluble vitamin that assists in producing deoxyribonucleic acid (DNA) in the body. Presently, textured soy protein is widely available in flavored and unflavored varieties and different sizes, from large chunks to small flakes.
Textured Soy Protein Market Trends:
Textured soy protein offers numerous health benefits, such as tissue repair, wound healing, muscle growth, and reducing cholesterol and triglyceride levels. The rising awareness among individuals about these benefits, along with a considerable shift in consumer preference towards vegetarian and vegan diets, represents one of the key factors increasing the consumption of textured soy protein worldwide. This is further supported by the rising health consciousness among the masses and the growing uptake of meat substitutes. Besides this, it is added to healthy bars, salads, cereals, baked potatoes, and stuffing as a protein additive. This, in confluence with the escalating demand for protein-based recipes on account of the emerging fitness culture, is contributing to the market growth. Apart from this, manufacturers are introducing non-genetically modified organisms (non-GMO) and gluten-free variants in various shapes, colors, and textures to cater to diversified customer needs. As these products are readily available through online channels, the thriving e-commerce industry is anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global textured soy protein market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on nature, source and application.
Breakup by Nature:
Organic
Conventional
Non-GMO
Breakup by Source:
Soy Protein Concentrates
Soy Protein Isolates
Soy Flour
Breakup by Application:
Food
Feed
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, Bob's Red Mill Natural Foods, Bunge Limited, Cargill Incorporated, CHS Inc., Crown Soya Protein Group Company, International Flavors & Fragrances Inc., Fuji Oil Holdings Inc., Shandong Yuxin Biotechnology Co. Ltd., Sonic Biochem Extraction Pvt Ltd and Wilmar International Limited.
Key Questions Answered in This Report:
- How has the global textured soy protein market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global textured soy protein market?
- What are the key regional markets?
- What is the breakup of the market based on the nature?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global textured soy protein market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5767
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Textured Soy Protein Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Nature
- 6.1 Organic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Conventional
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Non-GMO
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Source
- 7.1 Soy Protein Concentrates
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Soy Protein Isolates
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Soy Flour
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Food
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Feed
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Archer-Daniels-Midland Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Bob's Red Mill Natural Foods
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Bunge Limited
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Cargill Incorporated
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 SWOT Analysis
- 14.3.5 CHS Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Crown Soya Protein Group Company
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 International Flavors & Fragrances Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Fuji Oil Holdings Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Shandong Yuxin Biotechnology Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Sonic Biochem Extraction Pvt Ltd
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Wilmar International Limited
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.1 Archer-Daniels-Midland Company
Product Code: SR112023A5767
List of Figures
- Figure 1: Global: Textured Soy Protein Market: Major Drivers and Challenges
- Figure 2: Global: Textured Soy Protein Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Textured Soy Protein Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Textured Soy Protein Market: Breakup by Nature (in %), 2022
- Figure 5: Global: Textured Soy Protein Market: Breakup by Source (in %), 2022
- Figure 6: Global: Textured Soy Protein Market: Breakup by Application (in %), 2022
- Figure 7: Global: Textured Soy Protein Market: Breakup by Region (in %), 2022
- Figure 8: Global: Textured Soy Protein (Organic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Textured Soy Protein (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Textured Soy Protein (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Textured Soy Protein (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Textured Soy Protein (Non-GMO) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Textured Soy Protein (Non-GMO) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Textured Soy Protein (Soy Protein Concentrates) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Textured Soy Protein (Soy Protein Concentrates) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Textured Soy Protein (Soy Protein Isolates) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Textured Soy Protein (Soy Protein Isolates) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Textured Soy Protein (Soy Flour) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Textured Soy Protein (Soy Flour) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Textured Soy Protein (Food) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Textured Soy Protein (Food) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Textured Soy Protein (Feed) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Textured Soy Protein (Feed) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Textured Soy Protein Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Textured Soy Protein Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Textured Soy Protein Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Textured Soy Protein Industry: SWOT Analysis
- Figure 74: Global: Textured Soy Protein Industry: Value Chain Analysis
- Figure 75: Global: Textured Soy Protein Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Textured Soy Protein Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Textured Soy Protein Market Forecast: Breakup by Nature (in Million US$), 2023-2028
- Table 3: Global: Textured Soy Protein Market Forecast: Breakup by Source (in Million US$), 2023-2028
- Table 4: Global: Textured Soy Protein Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Textured Soy Protein Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Textured Soy Protein Market: Competitive Structure
- Table 7: Global: Textured Soy Protein Market: Key Players
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