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Lucintel Forecasts The Global Soy Protein Ingredient Market To Reach $19 Billion By 2035
According to a market report by Lucintel, the future of the global soy protein ingredient market looks promising with opportunities in the food and feed markets. The global soy protein ingredient market is expected to reach an estimated $19 billion by 2035 from $10 billion in 2027 with a CAGR of 7.2% from 2027 to 2035. The major drivers for this market are the increasing demand for plant-based protein, the rising adoption in functional food products, and the growing preference for healthy dietary options.
A more than 150-page report to understand trends, opportunity and forecast in global soy protein ingredient market to 2035 by type (soy protein concentrates, soy protein isolates, textured soy protein, soy flours, and others), form (dry and liquid), function (muscle health, heart health, weight management, and others), application (food and feed), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, soy protein isolate is expected to witness the highest growth over the forecast period due to rising demand for plant-based protein alternatives.
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... Within the application category, food will remain the largest segment over the forecast period due to increasing protein-rich food consumption.
Download sample by clicking on soy protein ingredient market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to growing health awareness and expanding food industries growth.
ADM, Wilmar International Ltd, Cargill, Incorporated, International Flavors & Fragrances Inc., CHS Inc., BRF Global, Fuji Oil Holdings Inc., Devansoy, Crown Protein Soya Group Company, AG Processing Inc. are the major suppliers in the soy protein ingredient market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for your growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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