50 likes | 67 Views
The researcher assessing the Soy Protein Market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 - 2027.
E N D
Market Size – 9.98 Billion in 2019, Market Growth - CAGR of 7.0%, Market Trends – Soy Protein Bars & Energy Powder Market Summary According to the current analysis of Reports and Data, the global soy protein market was valued at USD 9.98 Billion in 2019 and is expected to reach USD 16.1 Billion by the year 2027, at a CAGR of 7.0%. Soy protein is a high-quality, complete protein that provides the essential amino acids necessary for protein synthesis in muscle and other tissues. • Further key findings from the report suggest • Soy Protein comprises of multitudes of health-enhancing phytochemicals. Scientific research has established many connections between soy consumption and lower rates of certain cancers, particularly breast, prostate, stomach, colon, and lung. Colorectal cancer is the second most deadly cancer worldwide, with about 881,000 deaths estimated for 2018. • Over the past few years, there has been an increasing demand for soy protein ingredients from emerging markets, particularly from China. It is one of the world's largest producers and importers of soybeans. However, the recent outbreak of ASF (African Swine Flu) in China's pig rearing industry has led to a slump in demand for soymeal, which is used extensively as pig feed. The recent trade deal between the U.S. and China on the 15th of January 2020 amounting to USD 50 billion dollars of agricultural imports to China from the U.S. is expected to increase the supply of soy ingredient proteins in the country. www.reportsanddata.com
Market Summary Key Players: Wilmar International Limited, Nisshin Oillio Group, Ltd., Ruchi Soya Industries Ltd, AG Processing Inc, Devansoy Inc., The Scoular Company and Biopress SAS, Cargill, E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, CHS Inc., Kerry Group plc. Segmentation: Type (Revenue, USD Million; 2017–2027) Soy Protein isolates Soy flours Soy protein concentrates Others(soy grits, textured soy protein, and hydrolyzed soy proteins) Application (Revenue, USD Million; 2017–2027) Feed Pet food Aqua feed Dairy Replacements To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/227 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com