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Soy Protein Ingredients Market

The global soy protein ingredients market was valued at USD 9 billion in 2019 and is estimated to reach USD 13 billion by 2026, expanding at a CAGR of around 7 % during the forecast period, 2020u20132026. Nutritious value of protein has contributed to the increasing demand for protein-rich diet. Growing consumer preference on meat alternatives and new improvement made in technologies are driving the growth of the market. Soy foods have less amount of saturated fat and are a rich source of dietary proteins which is further expected to influence the market growth during the forecast period.

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Soy Protein Ingredients Market

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  1. Global Soy Protein Ingredients Market by Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

  2. The globalsoy protein ingredients market was valued at USD 9 billion in 2019 and is estimated to reach USD 13 billion by 2026, expanding at a CAGR of around 7 % during the forecast period, 2020–2026. Nutritious value of protein has contributed to the increasing demand for protein-rich diet. Growing consumer preference on meat alternatives and new improvement made in technologies are driving the growth of the market. Soy foods have less amount of saturated fat and are a rich source of dietary proteins which is further expected to influence the market growth during the forecast period. Request for sample@https://dataintelo.com/request-sample/?reportId=122948 Soy protein ingredients are made from soybean. From the soybean meal which are dehulled and defatted soy bean ingredients are isolated. Dehulled and defatted soybean are made into three types of protein products which include soy flour, soy protein concentrates, and soy protein isolates. Almost all types of amino acids are provided by soy protein ingredients which are essential for human nutrition and are same as other legume pulses and are one of the cheapest sources of protein.

  3. Market Trends, Drivers, Restraints, and Opportunities: • Soy protein ingredient is the most preferred alternative to dairy and meat products which is expected to contribute to the growth of the market. • Increasing demand for plant-based protein from vegan population is fuelling the growth of this market. • Growing utilization of soy proteins in wide range of products is positively influencing the demand for soy protein ingredients. • Low cost and high nutritional value are the major factors contributing to the growth of the soy protein market. • Increasing demand for cholesterol-free products is expected to contribute to the growth of the market during the forecast period. • Some countries have banned the use of soy products which are genetically modified and this ban is expected to hamper the growth of the market during the forecast period. • Unpleasant flavor of soy proteins is making it undesirable for consumption in consumers which may act as a restrain to the growth of the market.

  4. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=122948 Competitive Landscape: Major companies in the global soy protein ingredients market include Archer Daniels Midland, Fuji Oil Asia, Cargill, DowDupont, The Scoular Company, Kellogg Company, Doves Farm Foods, Kraft Foods Group, and Wilmar International Limited. The competition in the global soy protein ingredients market is highly intense and competitors use strategies such as collaborations, ventures, partnerships, acquisitions, and agreements to gain new market share. Companies are launching new products to increase their product portfolio to remain competitive in the market. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=122948

  5. Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the Soy Protein Ingredients Market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

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