Market Overview:
The global textured soy proteins market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for plant-based meat alternatives and rising awareness about the health benefits of textured soy proteins. On the basis of type, the global textured soy proteins market has been segmented into non-GMO, conventional, organic and other types. Non-GMO type held a major share in terms of value in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to growing consumer preference for organic food products over conventionally grown food items. On the basis of application, food accounted for a majority share in 2017 and is anticipated to retain its lead during 2018–2030 owing to increasing demand from consumers for healthy substitutes for meat products.
Product Definition:
Textured soy proteins are plant-based proteins that have been isolated from soybeans. They are used as a vegetarian and vegan source of protein, and can be found in many meatless products. Textured soy proteins are also high in fiber and low in fat, making them a healthy choice for those looking to reduce their calorie intake.
Non-GMO:
Non-GMO is a term used for food products that are not genetically modified. Genetically modified organism or GMO is a technique where genes from one species are inserted into another species's genome to produce offspring with enhanced characteristics of the first species. The major driving factor responsible for the growth of non-GMO market includes health benefits associated with it such as lower risk of cancer, diabetes and heart diseases, increased nutrient content in food, higher yield and better quality meat & dairy products.
Conventional:
Conventional refers to the use of chemical fertilizers, pesticides, and other agricultural chemicals for growing crops. The farmers in the developing countries rely on conventional farming as it is a cost-effective way of producing food. However, overuse of these products can have harmful effects on plants and animals.
The major reason for using conventional farming is to reduce labor costs as it reduces human intervention in farm activities such as weeding and harvesting etc., which results into low cost production process.
Application Insights:
Food application led the global textured soy proteins market in 2017, accounting for more than 55.0% share of the global revenue. The segment is projected to witness significant growth over the forecast period owing to rising demand for textured vegetable protein products as meat alternatives across various food applications including salad dressings, soups and sauces, snacks and cereals, ready-to-eat foods (RTE), and others.
Feed was the second largest application segment in 2017 due to high protein content in animal feed supplements incorporating TSPs.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global textured soy proteins market in 2017 owing to high product demand from countries, such as China, Japan, India, South Korea and Taiwan. Increasing population coupled with rising disposable income levels has been fueling the food & beverage industry in these countries which is anticipated to have a positive impact on industry growth over the next eight years.
Europe emerged as one of the major consumers due to growing health consciousness among consumers and changing lifestyles along with increasing awareness about nutritional products among manufacturers. Asia Pacific was followed by North America which accounted for 18% of total market revenue in 2017 owing to high demand from U.S.
Growth Factors:
- Increasing demand for plant-based meat alternatives: The growing awareness about the health benefits of a plant-based diet is driving the demand for textured soy proteins. These proteins are being used as a meat alternative in various food products, thereby propelling the growth of the textured soy proteins market.
- Rising popularity of veganism and vegetarianism: A large number of people are now opting for vegan or vegetarian diets, which is fueling the demand for plant-based protein sources such as textured soy proteins. This is further aiding in the growth of the textured soy proteins market.
- Growing inclination towards healthy and nutritious food products: Consumers are increasingly becoming aware about the importance of consuming healthy and nutritious foods. This is prompting them to shift towards healthier substitutes such as textured soy proteins, thereby driving its adoption across various applications segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Textured Soy Proteins Market Research Report
By Type
Non-GMO, Conventional, Organic, Other Types
By Application
Food, Feed, Others
By Companies
ADM, Cargill, DowDuPont, Wilmar International, Victoria Group, Bremil Group, Linyi Shansong Biological Products, Shandong Yuxin Bio-Tech, Crown Soya Protein Group, Sonic Biochem, ADM, Hung Yang Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Textured Soy Proteins Market Report Segments:
The global Textured Soy Proteins market is segmented on the basis of:
Types
Non-GMO, Conventional, Organic, Other Types
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Cargill
- DowDuPont
- Wilmar International
- Victoria Group
- Bremil Group
- Linyi Shansong Biological Products
- Shandong Yuxin Bio-Tech
- Crown Soya Protein Group
- Sonic Biochem
- ADM
- Hung Yang Foods
Highlights of The Textured Soy Proteins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-GMO
- Conventional
- Organic
- Other Types
- By Application:
- Food
- Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Textured Soy Proteins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Textured soy proteins are made from ground up soybeans that have been texturized, or broken down into smaller pieces. This process makes the protein more digestible and easier to absorb. Textured soy proteins can be used in a variety of foods, including breads, cereals, snacks and desserts.
Some of the major players in the textured soy proteins market are ADM, Cargill, DowDuPont, Wilmar International, Victoria Group, Bremil Group, Linyi Shansong Biological Products, Shandong Yuxin Bio-Tech, Crown Soya Protein Group, Sonic Biochem, ADM, Hung Yang Foods.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Textured Soy Proteins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Textured Soy Proteins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Textured Soy Proteins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Textured Soy Proteins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Textured Soy Proteins Market Size & Forecast, 2018-2028
4.5.1 Textured Soy Proteins Market Size and Y-o-Y Growth
4.5.2 Textured Soy Proteins Market Absolute $ Opportunity
Chapter 5 Global Textured Soy Proteins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Textured Soy Proteins Market Size Forecast by Type
5.2.1 Non-GMO
5.2.2 Conventional
5.2.3 Organic
5.2.4 Other Types
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Textured Soy Proteins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Textured Soy Proteins Market Size Forecast by Applications
6.2.1 Food
6.2.2 Feed
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Textured Soy Proteins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Textured Soy Proteins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Textured Soy Proteins Analysis and Forecast
9.1 Introduction
9.2 North America Textured Soy Proteins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Textured Soy Proteins Market Size Forecast by Type
9.6.1 Non-GMO
9.6.2 Conventional
9.6.3 Organic
9.6.4 Other Types
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Textured Soy Proteins Market Size Forecast by Applications
9.10.1 Food
9.10.2 Feed
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Textured Soy Proteins Analysis and Forecast
10.1 Introduction
10.2 Europe Textured Soy Proteins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Textured Soy Proteins Market Size Forecast by Type
10.6.1 Non-GMO
10.6.2 Conventional
10.6.3 Organic
10.6.4 Other Types
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Textured Soy Proteins Market Size Forecast by Applications
10.10.1 Food
10.10.2 Feed
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Textured Soy Proteins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Textured Soy Proteins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Textured Soy Proteins Market Size Forecast by Type
11.6.1 Non-GMO
11.6.2 Conventional
11.6.3 Organic
11.6.4 Other Types
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Textured Soy Proteins Market Size Forecast by Applications
11.10.1 Food
11.10.2 Feed
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Textured Soy Proteins Analysis and Forecast
12.1 Introduction
12.2 Latin America Textured Soy Proteins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Textured Soy Proteins Market Size Forecast by Type
12.6.1 Non-GMO
12.6.2 Conventional
12.6.3 Organic
12.6.4 Other Types
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Textured Soy Proteins Market Size Forecast by Applications
12.10.1 Food
12.10.2 Feed
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Textured Soy Proteins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Textured Soy Proteins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Textured Soy Proteins Market Size Forecast by Type
13.6.1 Non-GMO
13.6.2 Conventional
13.6.3 Organic
13.6.4 Other Types
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Textured Soy Proteins Market Size Forecast by Applications
13.10.1 Food
13.10.2 Feed
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Textured Soy Proteins Market: Competitive Dashboard
14.2 Global Textured Soy Proteins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 Cargill
14.3.3 DowDuPont
14.3.4 Wilmar International
14.3.5 Victoria Group
14.3.6 Bremil Group
14.3.7 Linyi Shansong Biological Products
14.3.8 Shandong Yuxin Bio-Tech
14.3.9 Crown Soya Protein Group
14.3.10 Sonic Biochem
14.3.11 ADM
14.3.12 Hung Yang Foods
