Market Overview:
The global liquid soy protein market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plant-based proteins owing to their health benefits and rising awareness about veganism and vegetarianism. In addition, growing concerns about animal welfare are also propelling the demand for plant-based proteins, which is further fueling the growth of the liquid soy protein market. The food grade segment is expected to account for a major share of the global liquid soy protein market in 2018, followed by feed grade. The food grade segment is projected to grow at a higher CAGR than feed grade during the forecast period due to its growing application in meat processing and bakery & confectionary industries.
Product Definition:
Liquid soy protein is a food additive that is made from the defatted, soluble portion of soybean meal. It is used as a thickener, stabilizer, and emulsifier in foods such as salad dressings, sauces, and processed meats.
Food Grade:
Food-grade is a term used for edible products such as oils, fats, and other processed products. Food-grade usually refers to edible oil or fat that has been passed through a series of quality control tests and meets all the food safety regulations set by government organizations such as the FDA (U.S.), USDA (U.S.), EU Commission (Europe), etc.
Feed Grade:
Feed grade is the highest quality form of soybean that can be used in various applications. It has a high protein content and low fat content as compared to processed or defatted soybean. The protein content of feed grade is almost double than that of the processed or defatted soybean which makes it ideal for animal feed, food supplements and human consumption too.
Application Insights:
The meat processing application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. Liquid soy protein is used as a major ingredient in rendering processes for producing animal fats and proteins. The growing demand for liquid beef products, such as corned meat, pastrami, salami and other similar products has been one of the key factors driving product consumption in this segment.
Liquid soya also finds applications as an emulsion agent or a suspension agent in various industries including paints & coatings, printing ink, cosmetics among others. It acts as an important raw material for producing biodiesel from soya beans due to its high energy content which can be utilized across multiple sectors including transportation fuel supply globally.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness about soy-based protein and its benefits. The region is expected to maintain its dominance over the forecast period due to increasing demand for plant-derived proteins. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising product adoption in countries, such as China, Japan, South Korea, Singapore and India. Moreover, increasing meat consumption coupled with rising health concerns among consumers regarding high saturated fat content will drive industry growth over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to growing consumer awareness about soy protein powder as an alternative source of animal based protein supplements especially for people with lactose intolerance or glutenintolerant lifestyle which has increased significantly over past few years.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. This is driving the growth of the liquid soy protein market as it is a plant-based source of protein.
- Rising awareness about the health benefits of soy proteins: Soy proteins are known to offer various health benefits such as reducing cholesterol levels, improving heart health, and aiding in weight loss. This is increasing their popularity among consumers and driving the growth of the liquid soy protein market.
- Growing trend of veganism/vegetarianism: A growing number of people are opting for vegan or vegetarian diets due to concerns about animal welfare and human health issues such as obesity, heart disease, and cancer. This is fueling demand for plant-based proteins like liquid soy protein, thereby propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Soy Protein Market Research Report
By Type
Food Grade, Feed Grade
By Application
Meat Processing, Animal Feed, Bakery & Confectionary, Other
By Companies
Archer Daniels Midland, Cargill, Devansoy, Wirmal International, Batory Foods, Nordic Soy, Euroduna Food Ingredients, Nutra Food Ingredients, Food Chem International
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Soy Protein Market Report Segments:
The global Liquid Soy Protein market is segmented on the basis of:
Types
Food Grade, Feed Grade
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
Meat Processing, Animal Feed, Bakery & Confectionary, Other
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:
- Archer Daniels Midland
- Cargill
- Devansoy
- Wirmal International
- Batory Foods
- Nordic Soy
- Euroduna Food Ingredients
- Nutra Food Ingredients
- Food Chem International
Highlights of The Liquid Soy Protein 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:
- Food Grade
- Feed Grade
- By Application:
- Meat Processing
- Animal Feed
- Bakery & Confectionary
- Other
- 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 Liquid Soy Protein 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?
Liquid soy protein is a type of plant-based protein that is made by extracting soybeans from their natural oil and water. This liquid form of soy protein can be used as a replacement for animal-based proteins in many recipes or as an addition to your diet on its own.
Some of the key players operating in the liquid soy protein market are Archer Daniels Midland, Cargill, Devansoy, Wirmal International, Batory Foods, Nordic Soy, Euroduna Food Ingredients, Nutra Food Ingredients, Food Chem International.
The liquid soy protein market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid Soy Protein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liquid Soy Protein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquid Soy Protein Market - Supply Chain
4.5. Global Liquid Soy Protein Market Forecast
4.5.1. Liquid Soy Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid Soy Protein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid Soy Protein Market Absolute $ Opportunity
5. Global Liquid Soy Protein Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liquid Soy Protein Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Feed Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid Soy Protein Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liquid Soy Protein Market Size and Volume Forecast by Application
6.3.1. Meat Processing
6.3.2. Animal Feed
6.3.3. Bakery & Confectionary
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid Soy Protein Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liquid Soy Protein Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Liquid Soy Protein Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liquid Soy Protein Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Liquid Soy Protein Demand Share Forecast, 2019-2026
9. North America Liquid Soy Protein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liquid Soy Protein Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liquid Soy Protein Market Size and Volume Forecast by Application
9.4.1. Meat Processing
9.4.2. Animal Feed
9.4.3. Bakery & Confectionary
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid Soy Protein Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Feed Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liquid Soy Protein Demand Share Forecast, 2019-2026
10. Latin America Liquid Soy Protein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liquid Soy Protein Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liquid Soy Protein Market Size and Volume Forecast by Application
10.4.1. Meat Processing
10.4.2. Animal Feed
10.4.3. Bakery & Confectionary
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid Soy Protein Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Feed Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liquid Soy Protein Demand Share Forecast, 2019-2026
11. Europe Liquid Soy Protein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liquid Soy Protein Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liquid Soy Protein Market Size and Volume Forecast by Application
11.4.1. Meat Processing
11.4.2. Animal Feed
11.4.3. Bakery & Confectionary
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid Soy Protein Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Feed Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrativeness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liquid Soy Protein Demand Share, 2019-2026
12. Asia Pacific Liquid Soy Protein Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liquid Soy Protein Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liquid Soy Protein Market Size and Volume Forecast by Application
12.4.1. Meat Processing
12.4.2. Animal Feed
12.4.3. Bakery & Confectionary
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid Soy Protein Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Feed Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liquid Soy Protein Demand Share, 2019-2026
13. Middle East & Africa Liquid Soy Protein Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liquid Soy Protein Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liquid Soy Protein Market Size and Volume Forecast by Application
13.4.1. Meat Processing
13.4.2. Animal Feed
13.4.3. Bakery & Confectionary
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquid Soy Protein Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Feed Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liquid Soy Protein Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid Soy Protein Market: Market Share Analysis
14.2. Liquid Soy Protein Distributors and Customers
14.3. Liquid Soy Protein Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniels Midland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Devansoy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wirmal International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Batory Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nordic Soy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Euroduna Food Ingredients
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nutra Food Ingredients
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Food Chem International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
