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Europe Organic Soy Protein Market by Application (Dairy Alternatives, Functional Food, Infant Formula, Meat Alternative, Confectionary, Bakery, Others), by Form (Powder, Concentrated, Isolated), by State (Liquid, Dry), and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 470
Pages: 140
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Europe Organic Soy Protein Market Growth and Forecast (2022 - 2027):

The Europe Organic Soy Protein Market Value was worth US$ xx million in 2021, and it is estimated that this market will reach a valuation of US$ xx million by 2026 with a noteworthy annual expansion rate between 2021 and 2026.

Market Overview:

Protein is the cornerstone of life they make up everything from muscles, skin, and even hair. The peeled and skimmed soybeans are processed into three types of high protein commercial soy flour, concentrated and isolated. It can also add additional nutrients to improve the nutritional value, texture, and taste. Soy protein is a protein isolated from soybeans. Organic soy protein comes in many forms and types and is used in foods to increase nutritional value. It acts as a natural prebiotic that stimulates the production of healthy bacteria in the gut. Organic soy protein is used as a substitute for meat and dairy due to the equivalent protein content present in these products. Soy protein isolate is sold as a high-protein, low-carbohydrate powder. Organic soy protein is used primarily for functional benefits and nutritional properties when consumed in a normal diet. Well-processed soy protein component is a good protein for humans. Soy protein is used in human food in a number of forms, including infant formula, flour, protein isolate, concentrate, and textured fiber.

Recent Developments in Europe Organic Soy Protein Industry:

  • The Archer Daniels Midland Company has announced that it has accepted the terms of granting exclusive rights in the discussion to buy Neovia, the acquisition is a transformative step in the animal nutrition business and will be a major strategic investment in France.

Europe Organic Soy Protein Market Growth:

Increased awareness of the benefits of soy products is expected to drive the growth of the Europe organic soy protein market.

Drivers:

Growing consumer health awareness is expected to increase the demand for organic soy protein. The transition trend from dairy to soy is attracting the attention of Europe and is expected to drive market growth. The market for organic soy protein in Europe is driven by a growing vegan population, while meeting the demand for protein. People with chronic diseases, diabetes, and obesity also need organic soy protein. The growing demand for the popularity in the organic products is driving the Europe Organic Soy Protein market growth. Soy protein products are cheaper than other similar products, helping to drive sales and consumption. As consumers grow from meat products to soy products, you will also help this market grow. The demand for organic soy protein is increasing as doctors' recommendations for healthy eating habits increase and consumer awareness of the side effects of eating unhealthy foods increases. Demand for these products is also increasing from consumers who are lactose intolerant and unable to consume milk or dairy products. In addition, increased consumption among people due to changes in consumption patterns, rise in obesity and other health problems is expected to support the growth of the world market to some extent as another factor to convert consumer willingness to healthy diet foods with high nutritional value. Growing health concerns and growing consumer demand for organic food are the main factors expected to drive the growth of the Europe organic soy protein market. Additionally, increased support for government initiatives and organic products is another factor that is expected to create lucrative opportunities for players operating in the target markets.

In addition, changing preference for vegan food among the general population is another factor that is expected to support the growth of the Europe organic soy protein market. The increasing demand for new and innovative product offerings in the food industry due to the various benefits that organic soy protein offers is another factor that is expected to support the growth of the European market to some extent. Massive consumption of soy protein due to related health benefits, changing lifestyles and a growing middle-class population are key factors that are expected to further increase the demand for organic soy protein products during the forecast period. Manufacturers of organic soy protein combine high-quality food technology and production technology and, through continuous research and development, improve the nutritional value of organic soy protein products. Globally, product innovation and increased consumption of practical and functional foods are expected to increase the application of organic soy protein in a variety of foods.

Restraints:

The high cost of organic food is a major factor that is expected to hamper the growth of the European market. The use of hexane in the soy protein manufacturing process is expected to hamper the growth of the European organic soy protein market. The experiencing unprecedented market growth, in the organic soy protein faces competition from non-organic soy food sources and other organic oilseed products such as flax and sunflower is hindering the market growth. Some people are allergic to soy or high protein intake. These two factors play a role in restraining the growth of the Europe organic soy protein market.

Europe Organic Soy Protein Market Segmentation Analysis:

Europe Organic Soy Protein Market is segmented by application, form and state.

By form, the Europe organic soy protein market includes concentrates, isolates, and powders. Increasing demand for food processing activities and increased demand for soy flour for cookies, bread, pasta, cakes, soups etc. is expected to drive the Europe Organic Soy Protein market. It is estimated that the availability of various brands in the market will feed the insulation sector. The evolution of production methods and the increasing number of manufacturers are expected to strengthen the concentrate sector.

By application, the European market is segmented as dairy substitutes, bakery and confectionery, infant formula, meat alternatives, functional foods. The bakery and confectionery segment held the main market share. The substitution of isolated soy protein formulas for milk proteins is expected to increase the demand for soy protein for infant formula development in the coming years. Improved lifestyles, combined with evolving dietary patterns, are expected to enhance the growth of meat and dairy substitutes.

Based on the state, the European market is mainly bifurcated into dry and liquid. Both the segments are estimated to expand with a notable rate in the coming years.

Regional Analysis:

Geographically the Europe Organic Soy Protein Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. The Europe organic soy protein market is expected to expand significantly during the forecast period, mainly due to changes in the focus of European functional food manufacturers towards organic soy protein ingredients.

Key Players in the Market:

Major Key Players in the Europe Organic Soy Protein Market are

  • Cargill Health & Food Technologies
  • Omega Protein Corporation
  • Burcon NutraScience
  • SunOpta, Inc
  • DuPont
  • Armor Proteins
  • The Scoular Company
  • Bunge Alimentos SA
  • ADM
  • George Weston Foods

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