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North America Organic Soy Protein Market By Type (Concentrates, Isolates, Flour), By Application (functional Foods, Infant Formula, Dairy Alternatives, Meat Alternatives, Bakery & Confectionery, Other Applications), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 469
Pages: 137

North America Organic Soy Protein Market Growth and Forecast (2022 - 2027):

The North America Organic Soy Protein Market has been estimated at USD 140 Million in 2021 and is projected to reach USD 270 Million by 2026, at a CAGR of 14.8% during the forecast period from 2021 to 2026.

Market Overview:

Soy proteins are mostly gluten and cholesterol free. Soy protein isolate can be found in protein bars, meal replacement shakes, bottled fruit drinks, soups and sauces, meat analogs, baked goods, breakfast cereals, and some dietary supplements.

Drivers and Restraints:

The market in North America is greatly driven due to increasing incidence of Obesity, Diabetes and other chronic diseases, which is rising the health awareness amongst the consumers. Due to this they are shifting from dairy to soy products which are much healthier, which is the main factor for increasing demand and hence, contributing to market growth. But, the cost involved in raw materials processing could slow down the market growth in this region.

North America Organic Soy Protein Market Segmentation Analysis:

The North America Organic Soy Protein Market is segmented by Type and by Application. By Type, the market is further segmented as Concentrates, Isolates, and Flour. By Application, the market is further segmented as functional foods, infant formula, dairy alternatives, meat alternatives, bakery & confectionery, and other applications. Soy protein concentrates accounted for the largest market share, by type, due to their wide usage as functional or nutritional ingredients in a wide variety of food products.  Functional foods segment accounts a maximum share in the market by application, by application. Increase in functional food consumption by people is driving the demand, which is leading the soy functional foods to contribute maximum to the market. The dairy alternatives application of organic soy protein is expected to grow due to increasing demand for soymilk from lactose-intolerant consumers.

Region Analysis:

Geographically the North America Organic Soy Protein Market is segmented into US, Canada and Rest of North America. U.S accounts for the largest share. In both U.S and Canada, there is a great shift to Soy products from Dairy, which is attracting the companies to invest in this region.

Key Players in the Market:

Major Key Players in the North America Organic Soy Protein Market are

  • Harvest Innovations
  • Agrawal Oil & Biochem
  • Frank Food Products
  • The Scoular Company
  • Devansoy Inc
  • Biopress S.A.S
  • Natural Products Inc
  • Hodgson Mill
  • SunOpta, Inc
  • World Food Processing

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 New Developments                               

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 By Type                                        

                                5.1.1 Concentrates                         

                                5.1.2 Isolates                     

                                5.1.3 Flours                        

                5.2 By Application                                           

                                5.2.1 Functional foods                   

                                5.2.2 Infant formula                       

                                5.2.3 Dairy alternatives                 

                                5.2.4 Meat alternatives                

                                5.2.5 Bakery & Confectionary                    

                                5.2.6 Other applications               

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 United States                            

                                6.3 Canada                         

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 Harvest Innovations                               

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations   

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Agrawal Oil & Biochem                                          

                8.3 Frank Food Products                                              

                8.4 The Scoular Company                                            

                8.5 Devansoy Inc.                                            

                8.6 Biopress S.A.S.                                          

                8.7 Natural Products Inc.                                              

                8.8 Hodgson Mill                                              

                8.9 SunOpta, Inc.                                             

                8.10 World Food Processing                                       

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. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

 

  1. North America Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  2. North America Organic Soy Protein Market By Type, From 2022 - 2027 (USD Million)
  3. North America Organic Soy Protein Concentrates Market By Region, From 2022 - 2027 (USD Million)
  4. North America Organic Soy Protein Isolates Market By Region, From 2022 - 2027 (USD Million)
  5. North America Organic Soy Protein Flour Market By Region, From 2022 - 2027 (USD Million)
  6. North America Organic Soy Protein Market By Application, From 2022 - 2027 (USD Million)
  7. North America Functional foods Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  8. North America Infant formula Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  9. North America Dairy alternatives Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  10. North America Meat alternatives Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  11. North America Bakery & Confectionary Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  12. North America Other applications Organic Soy Protein Market By Region, From 2022 - 2027 (USD Million)
  13. United States Organic Soy Protein Market By Type, From 2022 - 2027 (USD Million)
  14. United States Organic Soy Protein Market By Application, From 2022 - 2027 (USD Million)
  15. Canada Organic Soy Protein Market By Type, From 2022 - 2027 (USD Million)
  16. Canada Organic Soy Protein Market By Application, From 2022 - 2027 (USD Million)

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