The Global Soy Protein Concentrate Market is growing with factors such as increasing demand for soy protein concentrate among consumers owing to its health benefits worldwide. The growing demand for soy protein concentrate in different industries and rising awareness regarding the health benefits of soy protein concentrate among consumers are major factors for the growth of the market. However, the high cost of soy protein concentrate and the presence of allergen in soy protein concentrate has decreased the demand of the market.
Global Soy Protein Concentrate Market Scenario
According to Data Bridge Market Research, the global soy protein concentrate in Asia-Pacific has the highest market share, followed by North America and Europe. The market leader is Cargill, Incorporated, which accounts for approximately 15.05% of the global market. The company has gained funding for the research and development of soy protein concentrate.
- In February 2020, Cargill, Incorporated launched soy-protein-based hamburger patties and ground products. This new product is made from soy protein concentrate. The new product launch helped the company in enhancing their product portfolio of plant-based protein and attracted more consumer base
Trends Impacting the Market
Now the question is which other regions Cargill, Incorporated, Wilmar International Ltd, DuPont are targeting? Data Bridge Market Research has forecasted a large growth in the global soy protein concentrate market. The market leaders target India and Japan to be their next pocket revenue for 2021.
The global soy protein concentrate market is becoming more competitive with companies like Cargill, Incorporated, Wilmar International Ltd, and DuPont.
These are the top dominating companies in the soy protein concentrate market and have launched new products, services, and consumables. The Data Bridge market research new reports highlight the major growth factors and opportunities in the global soy protein concentrate market.
For more analysis on the global soy protein concentrate market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-soy-protein-concentrate-market
Global Soy Protein Concentrate Market Developments
- In 2021, Wilmar International Ltd received the Best Strategic Corporate Social Responsibility award by Alpha Southeast Asia Corporate Institutional. This award encouraged the company in coming up with much more great strategies
- In July 2020, DuPont launched a new product line under the Danisco Planit portfolio, including products like Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates. These new product line launches helped the company in enhancing its product portfolio and ultimately gain more consumer base and revenue
Scope of the Global Soy Protein Concentrate Market
Global Soy Protein Concentrate Market, By Category (Single Compound and Fortified Compound), Extraction Process (Aqueous Alcohol Wash Process, Acid Wash Process, and Water Wash Process with Heat Denaturation), Modification Type (Thermal Modification, Chemical Modification, and Enzyme Modification), Protein Concentration (<20% Protein, 20%-70% Protein and >70% Protein), Form (Dry and Liquid), Nature (Organic and Conventional), Function (Solubility, Gelation, Emulsification, Water Binding, Foaming, Texturizing Agent, Stabilizer, Thickening Agent, and Others), Application (Food Products, Beverages, Nutraceuticals, and Dietary Supplements, Cosmetics and Personal Care, Animal Feed, Pharmaceuticals, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Sweden, Poland, Turkey, and the rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, Vietnam, and Rest of Asia-Pacific, South Africa, UAE, Saudi Arabia, Oman, Qatar, Kuwait, and Rest of the Middle East and Africa) Industry Trends and Forecast To 2028
All country-based analysis of the global soy protein concentrate market is further analyzed based on maximum granularity into further segmentation. On the basis of nature, the soy protein concentrate market is segmented into organic and conventional. On the basis of extraction process, the soy protein concentrate market is segmented into aqueous alcohol wash process, acid wash process, and water wash process with heat denaturation. On the basis of modification type, the soy protein concentrate market is segmented into thermal modification, chemical modification, and enzyme modification. On the basis of protein concentration, the soy protein concentrate market is segmented into <20% protein, between 20%-70% and >70% protein. On the basis of form, the soy protein concentrate market is segmented into dry and liquid. On the basis of category, the soy protein concentrate market is segmented into single compound and fortified compound. On the basis of function, the soy protein concentrate market is segmented into solubility, gelation, emulsification, water binding, foaming, texturizing agent, stabilizer, thickening agent, and others. On the basis of application, the soy protein concentrate market is segmented into food products, beverages, nutraceuticals, and dietary supplements, cosmetics and personal care, animal feed, pharmaceuticals, and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-soy-protein-concentrate-market
Key Pointers Covered in Global Soy Protein Concentrate Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and overview of soy protein concentrate market
- Company profiling of top eight players of soy protein concentrate market
Key Market Competitors Covered in the Report
- Cargill, Incorporated
- DuPont
- ADM
- THE VINCENT CORPORATION
- Wilmar International Ltd
- Batory Foods
- Nordic Soya Oy
- Aminola
- CROWN SOYA PROTEIN GROUP
- Solbar Ningbo Protein Technology Co., Ltd
- “Sodrugestvo” Group of Companies
- Victoria Group
- Yuwang
- Shandong Yuxin Biotechnology Co., Ltd
- Gushen Biotechnology Group Co., Ltd.
- Arshine Pharmaceutical Co., Limited
- Tianwei Biotech Group Co., Ltd.
- Foodchem International Corporation
- Sun Nutrafoods
- Nutra Foods Ingredients
- Euroduna Food Ingredients GmbH
- Akola Chemicals
- DSM
- Bunge Limited
- Muby Chemicals
- Köster Marine Proteins GmbH
- European Ingredients Supply & Services B.V.
- ET-Chem
- Sonic Biochem
Above are the key players covered in the report. To know about more and exhaustive list of Soy Protein Concentrate companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-soy-protein-concentrate-market
Research Methodology: Global Soy Protein Concentrate Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Food Industrialist, Pharmaceutical industrialist, and others
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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