Global Soy Isolates Market, By Function (Nutrients, Emulsifier, Fat and Water Absorption, Texturants, Others), Type (Dry Type, Liquid Type), Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, Others) – Industry Trends and Forecast to 2029.
Soy Isolates Market Analysis and Size
In recent years, the fitness craze among high and middle-income consumer groups has fuelled demand for nutrition-enhancing products such as protein isolates. Approximately 78 percent of the global population is afflicted with diseases such as obesity, cardiovascular problems, and low blood pressure. Soy isolates is gaining popularity among athletes and sports enthusiasts all over the world because it helps to improve athletic performance and strength.
Data Bridge Market Research analyses that the soy isolates market was valued at USD 5.17 billion in 2021 and is expected to reach the value of USD 8.24 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Soy Isolates Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Function (Nutrients, Emulsifier, Fat and Water Absorption, Texturants, Others), Type (Dry Type, Liquid Type), Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, Others),
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone SA (France), General Nutrition Centers (GNC) Holdings, Inc. (U.S.), Orgain Inc. (U.S.), and True Nutrition (U.S.).
|
|
Opportunities
|
|
Market Definition
Soy isolate is a highly refined or purified form of soy protein with a minimum moisture-free protein content of 90%. It is made from defatted soy flour, which has been stripped of most of the non-protein components, fats, and carbohydrates. Soy isolate is a high-quality soy compound that contains branched-chain amino acids, iron, and arginine. The product is easily digested and absorbed, and it is suitable for a wide range of diets.
Soy Isolates Market Dynamics
Drivers
- Growing vegan population
The growing vegan population is the major factor driving the market growth. The global demand for soy isolates has been fuelled by the prevalence of hectic consumer lifestyles that result in on-the-go food consumption. Furthermore, rising health concerns among consumers who prefer a balanced diet with nutrient-rich ingredients have increased product demand. Aside from that, the growing number of health awareness programmes emphasising the importance of wellness and nutritional diet has influenced the global consumption of soy isolates.
- Growing popularity of fitness industry and lifestyle
The increased popularity of muscle and fitness enthusiasts has increased consumer demand for soy and sport-based drinks, as well as other items designed to improve efficiency. The use of soy isolate in sports products has steadily increased, resulting in the commercial availability of amino-based, bio-based, and easily digestible soy isolate products.
Furthermore, whey soy isolate is a low-cost option for creating caramels with exceptional eating quality and processing. With several changes, the use of soy isolate in sports products has steadily increased, resulting in the commercialization of whey isolate. This has increased the consumption of soy isolate in the sports nutrition industry and will have a positive impact on the global market's growth.
Opportunity
- Growing health concerns
People are more concerned about their health now than they were before the covid-19 pandemic. The government in many countries is encouraging people to eat healthy foods in order to boost their immunity; as a result, the demand for soy isolates has increased.
- Introduction of new flavours
Aside from that, there are various types and flavours of soy isolates available, and changing people's taste preferences, as well as government initiatives, will provide more opportunities for the soy isolates market. In addition, the growing number of fitness and wellness centres around the world will drive up demand for soy isolates.
Restraints
- High cost of product
On the other hand, the high cost of the product is expected to impede market growth. Concerns about side effects are expected to pose a challenge to the soy isolate market during the forecast period.
This soy isolates market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the soy isolates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Soy Isolates Market
The COVID-19 pandemic has had a negative impact on the soy isolates market and the sports nutrition industry as a whole. One of the major factors was the closure of gyms, which had been widely closed due to the coronavirus outbreak. Many businesses have even postponed product development plans due to the uncertainty of how long the lockdown would last. However, with consumers becoming more aware of their own health and well-being than ever before, the market has the potential to expand in a variety of ways.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- Carbery will launch Optipep 4Power, a new hydrolyzed Soy Isolates (WPH) designed specifically for high-intensity interval training, in 2021. (HIIT).
- First Milk has agreed to buy Fonterra's 51 percent stake in its Fast Forward JV in 2019. As a result, First Milk will become the sole owner of the Lake District Creamery's Soy Isolates concentrate manufacturing facilities.
Global Soy Isolates Market Scope
The soy isolates market is segmented on the basis of function, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Function
- Nutrients
- Emulsifier
- Fat and Water Absorption
- Texturants
- Others
Type
- Dry type
- Liquid type
Application
- Bakery and Confectionery
- Meat Extenders and Substitutes
- Nutritional Supplements
- Beverages
- Others
Soy Isolates Market Regional Analysis/Insights
The soy isolates market is analysed and market size insights and trends are provided by country, function, type and application as referenced above.
The countries covered in the soy isolates market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America leads the soy isolates market due to increased health consciousness, a rapid shift to products such as plant-based meat, and an increase in bakery product sales.
Asia-Pacific soy isolates market is expanding rapidly as a result of rising health concerns and rising disposable income. Asia Pacific is also a significant market player in the global soy isolates market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Soy Isolates Market Share Analysis
The soy isolates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to soy isolates market.
Some of the major players operating in the soy isolates market are:
- Glanbia plc. (Ireland)
- Now Health Group, Inc. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm Corporation (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- The Nature's Bounty Co. (U.S.)
- Reliance Vitamin Company, Inc. (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- General Nutrition Centers (GNC) Holdings, Inc. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.).
SKU-