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PUBLISHER: Mordor Intelligence Pvt Ltd | PRODUCT CODE: 922175

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PUBLISHER: Mordor Intelligence Pvt Ltd | PRODUCT CODE: 922175

Organic Soy Protein Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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Global Organic Soy Protein Market is anticipated to grow with a CAGR of 16.2% during the forecast period.

Key Highlights

  • Soy protein is considered to be the cheapest vegan source of dietary protein and has also been entitled as a 'complete protein' due to the presence of the essential amino acids in it.
  • The fitness industry is extensively using the soy-based protein as muscle gaining supplements. Moreover, soy protein extracted from organic sources are considered to be healthier, safer for consumption, and claim to promote bodybuilding without causing any side effects.
  • The increasing awareness about soy products and their adoption in the diet are so far the primary drivers for the target market. The application of organic soy protein is prominent and can be seen in breakfast cereals, protein and energy bars, and various processed meats and alternatives for improvement in taste and texture.

Key Market Trends

Organic Soy protein is the New Choice of the Vegans

The trendy concept of veganism is playing a key role in the advancement of the organic soy-based protein market. These proteins are readily becoming a part of the functional foods which help to compensate for the dietary imbalances, amidst a tiring lifestyle.

The protein demand of the vegan population is fulfilled greatly by the introduction of organic soy protein. Furthermore, the organic soy protein products are low in carbohydrate content, non-GMO, gluten-free and come in multiple flavors, giving consumers a handful of options to choose from. The manufacturing companies, therefore, have a wide scope of innovation to expand their product-offering range.

Asia-Pacific is the Region-wise Fastest Growing Market for Organic Soy Protein

According to USSEC, being largely dependent on imported raw feed ingredients, Southeast Asia region needs to increase its purchase of soybean and soybean meals exponentially to meet demand. Southeast Asia's regional economies are comparatively open and market-driven, and ASEAN countries have good relations with the United States, one of the major organic soy protein-producing country. Owing to the rapid growth in the urban lifestyle, the countries of this region are becoming more health-conscious and leaning towards healthier and nutritional food habits in recent times. The trend has also influenced India China making Asia-Pacific the fastest-growing market for organic soy protein. However, Europe is still dominating the global organic soy protein market followed by North America, in terms of current market size.

Competitive Landscape

The manufacturing companies for organic soy protein continue to innovate their product and try to make it as healthy as possible for the consumers. The major players include Archer Daniels Midland Company, Devansoy Inc., Natural Products Inc., Hodgson Mill, Agrawal Oil & BioChem, and Frank Food Products. Their health claims on a non-GMO, gluten-free, low cholesterol and low-fat organic soy protein have received an appreciable response from the consumers.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 67524

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

  • 3.1 Market Overview

4 MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Concentrates
    • 5.1.2 Isolates
    • 5.1.3 Textured Protein
  • 5.2 By Application
    • 5.2.1 Bakery and Confectionery
    • 5.2.2 Meat Extenders and Substitutes
    • 5.2.3 Nutritional Supplements
    • 5.2.4 Beverages
    • 5.2.5 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
      • 5.3.1.1 United States
      • 5.3.1.2 Canada
      • 5.3.1.3 Mexico
      • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
      • 5.3.2.1 Spain
      • 5.3.2.2 United Kingdom
      • 5.3.2.3 Germany
      • 5.3.2.4 France
      • 5.3.2.5 Italy
      • 5.3.2.6 Russia
      • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia Pacific
      • 5.3.3.1 China
      • 5.3.3.2 Japan
      • 5.3.3.3 India
      • 5.3.3.4 Australia
      • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
      • 5.3.5.1 South Africa
      • 5.3.5.2 Saudi Arabia
      • 5.3.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Archer Daniels Midland Company Inc.
    • 6.4.2 Devansoy Inc.
    • 6.4.3 Natural Products Inc.
    • 6.4.4 Hodgson Mill
    • 6.4.5 Agrawal Oil & Biochem
    • 6.4.6 SunOpta, Inc.
    • 6.4.7 Frank Food Products
    • 6.4.8 Bunge Alimentos SA

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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