Market Overview:
The global soy protein crisps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The soy protein crisps market is segmented on the basis of type, application, and region. On the basis of type, the soy protein crisps market is segmented into soy crisps 60% and soy crispies 80%. Soy crispies 80% are expected to dominate the global soy protein crisps market with a share of more than 60%. On the basis of application, baked goods are expected to account for majority share in terms of value in 2018. However, confectionery is projected to be fastest-growing application segment with a CAGR of 6.4%. North America dominates the global soy protein crisps market followed by Europe and Asia Pacific respectively. However, Asia Pacific is projected to be fastest-growing region with a CAGR of 6%.
Product Definition:
Soy protein crisps are a type of soy food that has been processed into small, flat pieces. They are typically used as a meat substitute and can be found in many vegetarian dishes.
Soy Crisps 60%:
Soy Crisps 60% is a concentrated source of soy protein, extracted from soybeans through an innovative process called as supercritical fluid CO2. Soy Crisps 60% contains the complete amino acid profile and is gluten-free, GMO-free, low in sodium and fat & cholesterol free. It has zero sugar content due to its fermentation process which makes it extremely healthy for human consumption along with being naturally sweet.
Soy Crispies 80%:
Soy crispies 80% is a high protein content soy-based snack. It contains 20 grams of protein and less than 3 grams of fat and cholesterol. The product is manufactured using enzymatic dehulling, which helps in retaining the original structure of soybean with all its essential nutrients intact.
Application Insights:
Baked goods segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising demand for baked products due to increasing consumer preference towards gluten-free products is expected to be a key factor driving product demand in this application segment. Moreover, rising consumption of soy protein crisps as an alternative to traditional bakery items such as bread and rolls is expected to drive growth over the coming years.
Soy protein snacks are rich source of proteins, which help maintain muscle strength and stamina while reducing fatigue during workouts or any other physical activity program. This factor has encouraged fitness professionals across the globe including U.S., Canada, Australia, New Zealand and Europe countries such as Germany, France etc.,to include soy protein snacks among their recommended food list for athletes or gym goers seeking nutritional supplements along with weight loss programs etc.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017. The U.S., being a developed nation and one of the top soybean producers, has a well-established protein crisps market in North America region.
Asia Pacific is anticipated to be one of the fastest growing regions owing to increasing consumer disposable income levels coupled with rising awareness regarding nutrition.
Growth Factors:
- Increasing demand for healthy snacks: The global soy protein crisps market is expected to grow at a CAGR of 6.5% during the forecast period owing to the increasing demand for healthy snacks across the globe. Soy protein crisps are a healthier alternative to other unhealthy snack options available in the market, which is driving their growth.
- Rising awareness about health benefits of soy protein: The growing awareness about the health benefits of soy protein is another key factor driving the growth of this market. Soy proteins are known to be a good source of fiber, vitamins, and minerals and help in weight loss, thereby contributing to overall health and well-being.
- Growing popularity of plant-based diets: The popularity of plant-based diets is another major factor fuelling the growth of this market as soy proteins form an important part thereof. With an increasing number people opting for vegetarian or vegan lifestyles, there is rising demand for plant-based foods that offer similar nutritional benefits as meat products but without any animal cruelty involved in their production process..
- . Technological advancements: Advancements in technology have led to innovations such as air frying which helps reduce fat content in food products by up to 80%. This has resulted in an increase in demand for healthier snack options such as soy protein crisps and is thus aiding their growth globally..
- . Growing disposable income levels: Rising disposable income levels across emerging economies are providing
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Protein Crisps Market Research Report
By Type
Soy Crisps 60%, Soy Crispies 80%
By Application
Baked Goods, Confectionery, Cereals & Snacks, Others
By Companies
DuPont Nutrition & Biosciences, ADM, PGP International, Labrada, NewOrganics, Reifon
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Soy Protein Crisps Market Report Segments:
The global Soy Protein Crisps market is segmented on the basis of:
Types
Soy Crisps 60%, Soy Crispies 80%
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
Baked Goods, Confectionery, Cereals & Snacks, 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:
- DuPont Nutrition & Biosciences
- ADM
- PGP International
- Labrada
- NewOrganics
- Reifon
Highlights of The Soy Protein Crisps 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:
- Soy Crisps 60%
- Soy Crispies 80%
- By Application:
- Baked Goods
- Confectionery
- Cereals & Snacks
- 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 Soy Protein Crisps 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.
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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?
Soy Protein Crisps are a type of snack food made from soy protein isolate and crisped in an oil or fat.
Some of the key players operating in the soy protein crisps market are DuPont Nutrition & Biosciences, ADM, PGP International, Labrada, NewOrganics, Reifon.
The soy protein crisps 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. Soy Protein Crisps 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. Soy Protein Crisps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soy Protein Crisps Market - Supply Chain
4.5. Global Soy Protein Crisps Market Forecast
4.5.1. Soy Protein Crisps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soy Protein Crisps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soy Protein Crisps Market Absolute $ Opportunity
5. Global Soy Protein Crisps 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. Soy Protein Crisps Market Size and Volume Forecast by Type
5.3.1. Soy Crisps 60%
5.3.2. Soy Crispies 80%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soy Protein Crisps 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. Soy Protein Crisps Market Size and Volume Forecast by Application
6.3.1. Baked Goods
6.3.2. Confectionery
6.3.3. Cereals & Snacks
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soy Protein Crisps 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. Soy Protein Crisps 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 Soy Protein Crisps 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. Soy Protein Crisps 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 Soy Protein Crisps Demand Share Forecast, 2019-2026
9. North America Soy Protein Crisps 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 Soy Protein Crisps 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 Soy Protein Crisps Market Size and Volume Forecast by Application
9.4.1. Baked Goods
9.4.2. Confectionery
9.4.3. Cereals & Snacks
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soy Protein Crisps Market Size and Volume Forecast by Type
9.7.1. Soy Crisps 60%
9.7.2. Soy Crispies 80%
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 Soy Protein Crisps Demand Share Forecast, 2019-2026
10. Latin America Soy Protein Crisps 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 Soy Protein Crisps 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 Soy Protein Crisps Market Size and Volume Forecast by Application
10.4.1. Baked Goods
10.4.2. Confectionery
10.4.3. Cereals & Snacks
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soy Protein Crisps Market Size and Volume Forecast by Type
10.7.1. Soy Crisps 60%
10.7.2. Soy Crispies 80%
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 Soy Protein Crisps Demand Share Forecast, 2019-2026
11. Europe Soy Protein Crisps 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 Soy Protein Crisps 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 Soy Protein Crisps Market Size and Volume Forecast by Application
11.4.1. Baked Goods
11.4.2. Confectionery
11.4.3. Cereals & Snacks
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soy Protein Crisps Market Size and Volume Forecast by Type
11.7.1. Soy Crisps 60%
11.7.2. Soy Crispies 80%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Soy Protein Crisps Demand Share, 2019-2026
12. Asia Pacific Soy Protein Crisps 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 Soy Protein Crisps 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 Soy Protein Crisps Market Size and Volume Forecast by Application
12.4.1. Baked Goods
12.4.2. Confectionery
12.4.3. Cereals & Snacks
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soy Protein Crisps Market Size and Volume Forecast by Type
12.7.1. Soy Crisps 60%
12.7.2. Soy Crispies 80%
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 Soy Protein Crisps Demand Share, 2019-2026
13. Middle East & Africa Soy Protein Crisps 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 Soy Protein Crisps 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 Soy Protein Crisps Market Size and Volume Forecast by Application
13.4.1. Baked Goods
13.4.2. Confectionery
13.4.3. Cereals & Snacks
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soy Protein Crisps Market Size and Volume Forecast by Type
13.7.1. Soy Crisps 60%
13.7.2. Soy Crispies 80%
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 Soy Protein Crisps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soy Protein Crisps Market: Market Share Analysis
14.2. Soy Protein Crisps Distributors and Customers
14.3. Soy Protein Crisps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DuPont Nutrition & Biosciences
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ADM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PGP International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Labrada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NewOrganics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Reifon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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