Asia Pacific Soy Protein Ingredients Market was worth USD 1.42 billion in 2022 and is estimated to be growing at a CAGR of 8.1%, to reach USD 2.09 billion by 2027.
Soy protein is obtained from soybeans after the extraction of oil. Soy Protein is used for the fortification of many food products and as an alternative to dairy protein. It is extensively used as a meat extender and as a quality substitute for meat. This legume is one of the few plant proteins that contains all the eight essential amino acids. High functional properties of the soy protein ingredient coupled with eco-friendly and natural health benefits are driving the demand for soy protein during the forecast period. Moreover, it is more cost-effective than animal protein and reflects the same protein content. This is expected to enhance the adoption of soy protein across various end-use industries resulting in increasing the shelf life of processed food, so it is also considered the most sustainable protein ingredient. This in turn boosts the market. However, the allergic nature of soy protein ingredients is restraining its growth during the forecast period. Moreover, the negative impact of genetically modified (GM) soy coupled with the availability of various alternatives such as milk proteins, pea protein, and other animal proteins is also affecting the growth of soy protein ingredients in the forecast period.
The market for Soy Protein Ingredients is broadly categorized into
type
application
By type, the market is segmented into
Soy protein isolates
Soy protein concentrates
soy flours
Soy protein isolates dominate the market followed by soy protein concentrates.
By application
Bakery and confectionery
meat alternatives
functional foods
dairy replacement
infant foods
China
India
Japan
Australia
South Korea
In Asia pacific region China and India is expected to account for the substantial growth due to increased demand for nutritional food among the consumers.
Archer Daniels Midland (ADM) Company,
Dean Foods Company
Armor Proteins
Gelita Group
Bunge Alimentos SA
Kerry Ingredients Inc.
Burcon NutraScience
Cargill Health & Food Technologies
Kellogg Company
Doves Farm Foods
Kraft Foods Group Inc.
Manildra Group
MGP Ingredients,
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Soy protein isolates
5.1.3 Soy protein concentrates
5.1.4 Soy flours
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Bakery and confectionery
5.2.3 Meat alternatives
5.2.4 Functional foods
5.2.5 Dairy replacement
5.2.6 Infant foods
5.2.7 Other applications
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Archer Daniels Midland
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Dean Foods Company
8.3 Armor Proteins
8.4 Gelita Group
8.5 Bunge Alimentos SA
8.6 Kerry Ingredients Inc.
8.7 Burcon NutraScience
8.8 Cargill Health & Food Technologies
8.9 Kellogg Company
8.10 Kraft Foods Group Inc.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Asia-Pacific Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
Asia-Pacific Soy protein isolates Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Soy protein concentrates Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Soy flours Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
Asia-Pacific Bakery and confectionery Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Meat alternatives Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Functional foods Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Dairy replacement Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Infant foods Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Other applications Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
Asia-Pacific Bio OSS Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Osteograf Market By Region, From 2022 - 2027 ( USD Billion )
Asia-Pacific Grafton Market By Region, From 2022 - 2027 ( USD Billion )
Japan Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
Japan Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
Japan Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
China Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
China Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
China Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
India Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
India Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
India Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
Australia Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
Australia Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
Australia Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
South Korea Soy Protein Ingredient Market By Type, From 2022 - 2027 ( USD Billion )
South Korea Soy Protein Ingredient Market By Application, From 2022 - 2027 ( USD Billion )
South Korea Soy Protein Ingredient Market By Product, From 2022 - 2027 ( USD Billion )
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