The global Soy Protein Ingredients market,is expected to reach US$ 10.28 Bn. by 2029, at a CAGR of 2.64% during the forecast period.
Market Overview:
This study aims to comprehensively analyze the Soy Protein Ingredients market based on its components, applications, industries, and geographical regions. Detailed insights into the primary growth drivers influencing the Soy Protein Ingredients market are provided, along with an extensive analysis of its value chain.
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Market Scope:
The research methodology employed to evaluate and forecast the Soy Protein Ingredients market involves initial secondary research using sources that gather revenue data from key suppliers. Vendor offerings are also taken into account during market segmentation. The total size of the Soy Protein Ingredients market is determined using a bottom-up approach, considering the revenues of major enterprises.
Drivers:
Rising population of vegan and vegetarians are expected to drive Soy Protein Ingredients market
For vegetarians, vegans and those who avoid or are allergic to dairy foods, soy protein often serve as a major source of this important nutrient. It offers multiple health benefits such as helps in weight loss, Helps Build Muscle. Pregnant women are able to gain the same health benefits as other women, companies and brands are promoting soy consumption during pregnancy which has made a positive impact on the market.
Segmentation:
by Product
Soy Protein Concentrates
Soy Protein Isolates
Soy Flours
Others
by Application
Food & Beverages
Feed
Others
by Form Dry
Liquid
by Function
Muscle Health
Heart Health
Weight Management
Other Functions
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Key Players:
1. DuPont
2. Bunge
3. Cargill
4. ADM
5. Mead Johnson
6. Archer Daniels Midland Company
7. Cargill Incorporated
8. CHS Inc.
9. Kerry Group PLC
10.Wilmar International Limited
11.Ruchi Soya Industries Limited
12.Ag Processing Inc.
13.Nisshin Oillio Group, Ltd.
14.Natural Products, Inc.
15.The Scouler Company
16.Nordic Soya Oy
17.Sonic Biochem Limited
18.Devansoy
19.Crown Soya Protein Group
20.Other
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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are analyzed separately. Competitive strengths are evaluated, and individual competitive analyses are conducted for each competitor by analysts at Maximize.
COVID-19 Impact Analysis on Soy Protein Ingredients Market:
The COVID-19 pandemic has affected various industries including aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. The impact of COVID-19 on the Soy Protein Ingredients market and its growth rate during 2019-2020 is significant. Timely insights and analysis on mitigating risks and digitizing operations to provide trusted information and insights to CEOs are crucial for businesses and organizations navigating through the COVID-19 crisis.
Key Questions Answered in the Soy Protein Ingredients Market Report:
• Which segment dominated the Soy Protein Ingredients market?
• How was the competitive landscape of the Soy Protein Ingredients market in 2020?
• What are the key factors driving the growth of the Soy Protein Ingredients market?
• Which region held the largest share in the Soy Protein Ingredients market in 2020?
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