Soy Protein Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the global soy protein market. The report provides an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges shaping the industry landscape.

Key Insights: Soy Protein Market

Market Size (2024E): USD 7271.8 Million
Projected Market Value (2033F): USD 10973.9 Million
Global Market Growth Rate (CAGR 2024 to 2033): 4.70%

Soy Protein Market - Report Scope:

Soy protein serves as a crucial ingredient in various food and beverage applications, including dietary supplements, meat alternatives, bakery products, and functional foods. The market caters to diverse consumer segments, including health-conscious individuals, athletes, and individuals with dietary restrictions, driving demand across retail and industrial sectors.

Market Growth Drivers:

The global soy protein market is driven by several factors, including increasing consumer awareness regarding the health benefits of plant-based proteins, growing demand for vegan and vegetarian food products, and advancements in food processing technologies enhancing product quality and nutritional value. Moreover, expanding applications of soy protein in functional foods and beverages, coupled with rising disposable incomes and changing dietary preferences, propel market growth.

Market Restraints:

Despite promising growth prospects, the soy protein market faces challenges such as fluctuations in soybean prices, regulatory constraints regarding genetically modified organisms (GMOs), and consumer skepticism regarding allergen concerns associated with soy products. Addressing these challenges requires stringent quality control measures and effective communication strategies to build consumer trust and ensure product safety and compliance.

Market Opportunities:

The soy protein market presents significant growth opportunities driven by innovation in product formulations, expanding distribution networks, and strategic collaborations across the food and beverage industry. The rising trend of clean-label and organic food products further amplifies demand for natural soy protein ingredients, fostering market expansion. Additionally, the growing adoption of soy protein in emerging economies and the development of novel applications in pharmaceutical and personal care sectors unlock new avenues for market players to capitalize on evolving consumer preferences and market trends.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the global soy protein market?
Which product types and applications are driving soy protein adoption across different end-user segments?
How are technological advancements and regulatory developments influencing market dynamics?
Who are the key players contributing to the soy protein market, and what strategies are they employing to maintain market leadership?
What are the emerging trends and future prospects in the global soy protein market?

Competitive Intelligence and Business Strategy:

Leading companies in the global soy protein market, including Archer Daniels Midland Company, Cargill, Incorporated, and DuPont Nutrition & Biosciences, focus on product innovation, portfolio diversification, and strategic partnerships to gain a competitive edge. These companies invest in research and development to introduce new soy protein formulations catering to evolving consumer preferences for sustainable and nutritionally enriched food products. Collaborations with food manufacturers, retail chains, and regulatory bodies facilitate market expansion and promote industry standards for quality assurance and product safety.

Key Companies Profiled:

Du Pont
Archer Daniels Midland Cargill, Incorporated
BASF SE
Wilmar International Ltd.
FUJI OIL CO., LTD.
Farbest Brands
Royal Ingredients Group
The Scoular Company
Euroduna Food Ingredients GmbH
NOW Foods
A. Costantino & C. spa
Shandong Yuwang Industrial Co., Ltd.
Gushen Biotechnology Group, Co.
Solbar Ningbo Protein Technology Co., Ltd.
Nordic Soya Oy
ETChem

Soy Protein Industry Research by Category

By Nature:

Organic
Conventional

By Form:

Soy Protein Isolates
Soy Protein Concentrates

By Application:

Food & Beverage
Animal Feed
Nutraceuticals & Functional Food

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP27154

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Soy Protein Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Tons) Analysis, 2019-2023
5.2. Current and Future Market Volume (Tons) Projections, 2024-2033

6. Global Soy Protein Market - Pricing Analysis

6.1. Regional Pricing Trend Analysis, 2019-2023
6.2. Global Average Pricing Analysis Benchmark

7. Global Soy Protein Market Demand (in Value or Size in US$ Mn ) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Mn ) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn ) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global Food & Beverage industry Overview
- 8.1.3. Global GDP and Infrastructure Investment
- 8.1.4. International Trade
- 8.1.5. Global Industry Outlook
8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Historical Growth
- 8.2.2. GDP Growth forecast
- 8.2.3. Manufacturing Industry forecast
- 8.2.4. Global Urbanization Growth Outlook
- 8.2.5. Business Climate
8.3. Global Food & Beverage Industry Outlook
8.4. Global Beverage Industry Outlook
8.5. Global Processed Food & Beverage Industry Outlook
8.6. Global Organic Agricultural land Outlook
8.7. Global Feed Industry Outlook
8.8. Protein Ingredients Market Overview
8.9. Protein Concentrates Extraction Process
8.10. Soybean Production Outlook
8.11. Export/Import Trade Analysis of Protein Concentrates by Country
- 8.11.1. List of Key Exporters
- 8.11.2. List of Key Importers
8.12. Industry Value and Supply Chain Analysis
- 8.12.1. Profit Margin Analysis at each point of sales
  - 8.12.1.1. Soy Protein Processors
  - 8.12.1.2. Distributors/Suppliers/Wholesalers
  - 8.12.1.3. Traders/Retailers
  - 8.12.1.4. End-Users
8.13. Key Regulations
8.14. Key Certifications
8.15. Market Dynamics
- 8.15.1. Drivers
- 8.15.2. Restraints
- 8.15.3. Opportunity Analysis
8.16. Global Supply Demand Analysis

9. Global Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033, By Nature

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn ) Analysis By Nature, 2019-2023
9.3. Current and Future Market Size (US$ Mn ) Analysis and Forecast By Nature, 2024-2033
- 9.3.1. Organic
- 9.3.2. Conventional
9.4. Market Attractiveness Analysis By Nature

10. Global Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033, By Form

10.1. Introduction
10.2. Historical Market Size (US$ Mn ) Analysis By Form, 2019-2023
10.3. Current Market Size (US$ Mn ) Analysis and Forecast By Form, 2024-2033
- 10.3.1. Soy Protein Isolates
- 10.3.2. Soy Protein Concentrates
- 10.3.3. Others
10.4. Market Attractiveness Analysis By Form

11. Global Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033, by Application

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn ) Analysis By Application, 2019-2023
11.3. Current and Future Market Size (US$ Mn ) Analysis and Forecast By Application, 2024-2033
- 11.3.1. Food & Beverages
  - 11.3.1.1. Bakery & confectionary
  - 11.3.1.2. Meat Analogues
  - 11.3.1.3. Processed Food
  - 11.3.1.4. Snacks & Cereals
  - 11.3.1.5. Beverages
  - 11.3.1.6. Others
- 11.3.2. Animal Feed
- 11.3.3. Nutraceuticals & Functional Foods
11.4. Market Attractiveness Analysis By Application

12. Global Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033, by Region

12.1. Introduction
12.2. Historical Market Size (US$ Mn ) Analysis By Region, 2019-2023
12.3. Current Market Size (US$ Mn ) Analysis and Forecast By Region, 2024-2033
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. South Asia and Pacific
- 12.3.5. East Asia
- 12.3.6. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region

13. North America Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
13.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 13.4.1. By Country
  - 13.4.1.1. U.S.
  - 13.4.1.2. Canada
- 13.4.2. By Nature
- 13.4.3. By Form
- 13.4.4. By Application
13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. By Nature
- 13.5.3. By Form
- 13.5.4. By Application
13.6. Market Trends
13.7. Drivers and Restraints - Impact Analysis

14. Latin America Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
  - 14.4.1.1. Brazil
  - 14.4.1.2. Mexico
  - 14.4.1.3. Argentina
  - 14.4.1.4. Rest of Latin America
- 14.4.2. By Nature
- 14.4.3. By Form
- 14.4.4. By Application
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Nature
- 14.5.3. By Form
- 14.5.4. By Application
14.6. Market Trends
14.7. Drivers and Restraints - Impact Analysis

15. Europe Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
  - 15.4.1.1. Germany
  - 15.4.1.2. Italy
  - 15.4.1.3. France
  - 15.4.1.4. U.K.
  - 15.4.1.5. Spain
  - 15.4.1.6. BENELUX
  - 15.4.1.7. Russia
  - 15.4.1.8. Poland
  - 15.4.1.9. Rest of Europe
- 15.4.2. By Nature
- 15.4.3. By Form
- 15.4.4. By Application
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Nature
- 15.5.3. By Form
- 15.5.4. By Application
15.6. Market Trends
15.7. Drivers and Restraints - Impact Analysis

16. South Asia and Pacific Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
  - 16.4.1.1. India
  - 16.4.1.2. ASEAN
  - 16.4.1.3. Oceania (Australia & New Zealand)
  - 16.4.1.4. Rest of South Asia & Pacific
- 16.4.2. By Nature
- 16.4.3. By Form
- 16.4.4. By Application
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Nature
- 16.5.3. By Form
- 16.5.4. By Application
16.6. Market Trends
16.7. Drivers and Restraints - Impact Analysis

17. East Asia Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
  - 17.4.1.1. China
  - 17.4.1.2. Japan
  - 17.4.1.3. South Korea
- 17.4.2. By Nature
- 17.4.3. By Form
- 17.4.4. By Application
17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Nature
- 17.5.3. By Form
- 17.5.4. By Application
17.6. Market Trends
17.7. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Soy Protein Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn ) Trend Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Mn ) Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
  - 18.4.1.1. GCC Countries
  - 18.4.1.2. South Africa
  - 18.4.1.3. Rest of Middle East and Africa
- 18.4.2. By Nature
- 18.4.3. By Form
- 18.4.4. By Application
18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Nature
- 18.5.3. By Form
- 18.5.4. By Application
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis

19. Country Wise Soy Protein Market Analysis, 2024

19.1. Introduction
- 19.1.1. Market Value Proportion Analysis, By Key Countries
- 19.1.2. Global Vs. Country Growth Comparison
19.2. U.S. Soy Protein Market Analysis
- 19.2.1. By Nature
- 19.2.2. By Form
- 19.2.3. By Application
19.3. Canada Soy Protein Market Analysis
- 19.3.1. By Nature
- 19.3.2. By Form
- 19.3.3. By Application
19.4. Mexico Soy Protein Market Analysis
- 19.4.1. By Nature
- 19.4.2. By Form
- 19.4.3. By Application
19.5. Brazil Soy Protein Market Analysis
- 19.5.1. By Nature
- 19.5.2. By Form
- 19.5.3. By Application
19.6. Argentina Soy Protein Market Analysis
- 19.6.1. By Nature
- 19.6.2. By Form
- 19.6.3. By Application
19.7. Germany Soy Protein Market Analysis
- 19.7.1. By Nature
- 19.7.2. By Form
- 19.7.3. By Application
19.8. Italy Soy Protein Market Analysis
- 19.8.1. By Nature
- 19.8.2. By Form
- 19.8.3. By Application
19.9. France Soy Protein Market Analysis
- 19.9.1. By Nature
- 19.9.2. By Form
- 19.9.3. By Application
19.10. U.K. Soy Protein Market Analysis
- 19.10.1. By Nature
- 19.10.2. By Form
- 19.10.3. By Application
19.11. Spain Soy Protein Market Analysis
- 19.11.1. By Nature
- 19.11.2. By Form
- 19.11.3. By Application
19.12. Poland Soy Protein Market Analysis
- 19.12.1. By Nature
- 19.12.2. By Form
- 19.12.3. By Application
19.13. Russia Soy Protein Market Analysis
- 19.13.1. By Nature
- 19.13.2. By Form
- 19.13.3. By Application
19.14. China Soy Protein Market Analysis
- 19.14.1. By Nature
- 19.14.2. By Form
- 19.14.3. By Application
19.15. Japan Soy Protein Market Analysis
- 19.15.1. By Nature
- 19.15.2. By Form
- 19.15.3. By Application
19.16. S. Korea Soy Protein Market Analysis
- 19.16.1. By Nature
- 19.16.2. By Form
- 19.16.3. By Application
19.17. India Soy Protein Market Analysis
- 19.17.1. By Nature
- 19.17.2. By Form
- 19.17.3. By Application
19.18. Turkey Soy Protein Market Analysis
- 19.18.1. By Nature
- 19.18.2. By Form
- 19.18.3. By Application
19.19. South Africa Soy Protein Market Analysis
- 19.19.1. By Nature
- 19.19.2. By Form
- 19.19.3. By Application

20. Market Structure Analysis

20.1. Market Analysis by Tier of Companies (Soy Protein)
20.2. Market Share Analysis of Top Players
20.3. Market Presence Analysis

21. Competition Analysis

21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
- 21.3.1. Du Pont
  - 21.3.1.1. Overview
  - 21.3.1.2. Product Portfolio
  - 21.3.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.1.4. Sales Footprint
  - 21.3.1.5. Strategy Overview
- 21.3.2. Archer Daniels Midland
  - 21.3.2.1. Overview
  - 21.3.2.2. Product Portfolio
  - 21.3.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.2.4. Sales Footprint
  - 21.3.2.5. Strategy Overview
- 21.3.3. Cargill, Incorporated
  - 21.3.3.1. Overview
  - 21.3.3.2. Product Portfolio
  - 21.3.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.3.4. Sales Footprint
  - 21.3.3.5. Strategy Overview
- 21.3.4. BASF SE
  - 21.3.4.1. Overview
  - 21.3.4.2. Product Portfolio
  - 21.3.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.4.4. Sales Footprint
  - 21.3.4.5. Strategy Overview
- 21.3.5. Wilmar International Ltd.
  - 21.3.5.1. Overview
  - 21.3.5.2. Product Portfolio
  - 21.3.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.5.4. Sales Footprint
  - 21.3.5.5. Strategy Overview
- 21.3.6. FUJI OIL CO., LTD.
  - 21.3.6.1. Overview
  - 21.3.6.2. Product Portfolio
  - 21.3.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.6.4. Sales Footprint
  - 21.3.6.5. Strategy Overview
- 21.3.7. Farbest Brands
  - 21.3.7.1. Overview
  - 21.3.7.2. Product Portfolio
  - 21.3.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.7.4. Sales Footprint
  - 21.3.7.5. Strategy Overview
- 21.3.8. Royal Ingredients Group
  - 21.3.8.1. Overview
  - 21.3.8.2. Product Portfolio
  - 21.3.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.8.4. Sales Footprint
  - 21.3.8.5. Strategy Overview
- 21.3.9. The Scoular Company
  - 21.3.9.1. Overview
  - 21.3.9.2. Product Portfolio
  - 21.3.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.9.4. Sales Footprint
  - 21.3.9.5. Strategy Overview
- 21.3.10. Euroduna Food Ingredients GmbH
  - 21.3.10.1. Overview
  - 21.3.10.2. Product Portfolio
  - 21.3.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.10.4. Sales Footprint
  - 21.3.10.5. Strategy Overview
- 21.3.11. NOW Foods
  - 21.3.11.1. Overview
  - 21.3.11.2. Product Portfolio
  - 21.3.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.11.4. Sales Footprint
  - 21.3.11.5. Strategy Overview
- 21.3.12. A. Costantino & C. spa
  - 21.3.12.1. Overview
  - 21.3.12.2. Product Portfolio
  - 21.3.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.12.4. Sales Footprint
  - 21.3.12.5. Strategy Overview
- 21.3.13. Shandong Yuwang Industrial Co., Ltd.
  - 21.3.13.1. Overview
  - 21.3.13.2. Product Portfolio
  - 21.3.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.13.4. Sales Footprint
  - 21.3.13.5. Strategy Overview
- 21.3.14. Gushen Biotechnology Group, Co.
  - 21.3.14.1. Overview
  - 21.3.14.2. Product Portfolio
  - 21.3.14.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.14.4. Sales Footprint
  - 21.3.14.5. Strategy Overview
- 21.3.15. Solbar Ningbo Protein Technology Co., Ltd.
  - 21.3.15.1. Overview
  - 21.3.15.2. Product Portfolio
  - 21.3.15.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.15.4. Sales Footprint
  - 21.3.15.5. Strategy Overview
- 21.3.16. Nordic Soya Oy
  - 21.3.16.1. Overview
  - 21.3.16.2. Product Portfolio
  - 21.3.16.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.16.4. Sales Footprint
  - 21.3.16.5. Strategy Overview
- 21.3.17. ETChem
  - 21.3.17.1. Overview
  - 21.3.17.2. Product Portfolio
  - 21.3.17.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.17.4. Sales Footprint
  - 21.3.17.5. Strategy Overview
- 21.3.18. Meelunie B.V
  - 21.3.18.1. Overview
  - 21.3.18.2. Product Portfolio
  - 21.3.18.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.18.4. Sales Footprint
  - 21.3.18.5. Strategy Overview
- 21.3.19. Aminola B.V.
  - 21.3.19.1. Overview
  - 21.3.19.2. Product Portfolio
  - 21.3.19.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.19.4. Sales Footprint
  - 21.3.19.5. Strategy Overview
- 21.3.20. Foodrich Soya Co. LTD.
  - 21.3.20.1. Overview
  - 21.3.20.2. Product Portfolio
  - 21.3.20.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.20.4. Sales Footprint
  - 21.3.20.5. Strategy Overview
- 21.3.21. Batory Foods
  - 21.3.21.1. Overview
  - 21.3.21.2. Product Portfolio
  - 21.3.21.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.21.4. Sales Footprint
  - 21.3.21.5. Strategy Overview
- 21.3.22. Others ( on Additional Request)
  - 21.3.22.1. Overview
  - 21.3.22.2. Product Portfolio
  - 21.3.22.3. Profitability by Market Segments (Product/Channel/Region)
  - 21.3.22.4. Sales Footprint
  - 21.3.22.5. Strategy Overview