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Middle East and Africa Soy Protein Ingredients Market Size
The Middle East and Africa soy protein ingredients market size was valued at USD 490.04 million in 2024 and is projected to reach USD 939.52 million by 2033 from USD 526.79 million in 2025, growing at a CAGR of 7.50%.
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 eight essential amino acids. High functional properties of the soy protein ingredient coupled with eco-friendly and natural health benefits are driving the demand of soy protein during the forecast period. Moreover, it is 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 as 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 proteins and other animal proteins is also effecting the growth of soy protein ingredients in the forecast period.
MARKET SEGMENTATION
This research report on the Middle East and Africa soy protein ingredients market has been segmented and sub-segmented into the following categories.
By Type
- Soy protein isolates,
- Soy protein concentrates,
- Soy flours
By Application
- Introduction
- Bakery and confectionery
- Meat alternatives
- Functional foods
- Dairy replacement
- Infant foods
- Other applications
By Region
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UAE
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Israel
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KSA
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South Africa
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Egypt
Functional food segment dominates the market. On the basis of geography, the market is analysed under various regions namely Middle East and Africa.
KEY MARKET PLAYERS
- Archer Daniels Midland (ADM) Company,
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Dean Foods Company
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Armor Proteins
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Gelita Group
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Bunge Alimentos SA
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Kerry Ingredients Inc.
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Burcon NutraScience
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Cargill Health & Food Technologies
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E. I. du Pont de Nemours and Company
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Kellogg Company
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Doves Farm Foods
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Kraft Foods Group Inc.
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Manildra Group
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MGP Ingredients
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Omega Protein Corporation
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George Weston Food