#Isolate Organic Soy Protein Market Growth

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The global organic soy protein isolates market is projected to reach USD 257 million by 2029 from USD 197 million by 2024, at a CAGR of 5.4% during the forecast period in terms of value.

[ananya5400]

The global organic soy protein isolates market size, valued at USD 197 million in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 257 million by 2029, indicating a robust compound annual growth rate (CAGR) of 5.4% during the forecast period. 

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Soy Protein Ingredients Market Overview: Growth Factors and Future Trends (2023-2032)

The global demand for Soy Protein Ingredients was valued at USD 8458.2 million in 2023 and is expected to reach USD 11036.0 million in 2032, growing at a CAGR of 3.00% between 2024 and 2032.

Soy protein ingredients are derived from soybeans and serve as a key protein source in various food applications. They are particularly popular in vegetarian and vegan diets due to their high protein content, but are also widely used across the food industry for their functional benefits. The main forms include soy protein isolate, which is highly refined and contains about 90-95% protein, making it ideal for protein shakes and meal replacements. Soy protein concentrate, which retains more natural carbohydrates, contains about 70% protein and is used in baking and as a meat extender. Textured soy protein, also known as textured vegetable protein, is created by processing soy protein concentrate into a fibrous, meat-like texture, commonly used in meat substitutes such as veggie burgers and tacos. These ingredients are appreciated not just for their protein efficiency but also for their versatility in enhancing texture, flavor, moisture retention, and emulsification in various food products.

Market Challenges

Consumer Perception Issues: Soy products have faced scrutiny over potential health concerns, such as the effects of phytoestrogens on hormone levels and potential allergenic properties. Misconceptions and negative perceptions about genetically modified organisms (GMOs) in soy cultivation also impact consumer choices.

Competition from Other Protein Sources: Soy protein ingredients compete with a variety of other plant-based proteins, such as pea, rice, and hemp proteins, which are gaining popularity due to their hypoallergenic properties and different nutritional profiles. Animal-based proteins continue to dominate in many markets, offering competition as well.

Regulatory Hurdles: The regulatory environment can be a significant barrier, particularly in regions with strict guidelines on GMO products or specific labeling requirements for food allergens, including soy.

Supply Chain Volatility: Fluctuations in soybean prices and supply can affect the production costs and availability of soy protein ingredients. Factors such as weather conditions, trade policies, and economic instability in key producing countries can lead to supply chain disruptions.

Technical Limitations: While technological advancements have improved the sensory and functional properties of soy protein, challenges still exist in achieving textures and flavors that perfectly mimic animal proteins, which can limit consumer acceptance in certain applications.

Sustainability Concerns: Although soy is considered a more sustainable protein source compared to animal proteins, concerns about deforestation and the environmental impact of extensive soy cultivation, particularly in South America, pose sustainability and ethical challenges for the market.

Nutritional Limitations: While soy protein is rich in essential amino acids, it may not provide all the nutritional benefits of animal proteins, such as certain vitamins and minerals, which can be a disadvantage for some consumer segments.

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The soy protein ingredients market refers to the sector focused on the production, distribution, and sale of soy-derived protein products used in various food and beverage applications. This market has seen significant growth due to the rising popularity of plant-based diets, increasing awareness of lactose intolerance and other dietary restrictions, and a growing interest in sustainable food sources. Soy protein ingredients, such as soy protein isolate, concentrate, and textured soy protein, are used extensively in health and wellness products, meat substitutes, dairy alternatives, and functional foods. Manufacturers are investing in research and development to improve the functionality and taste of soy protein products, responding to consumer demand for higher-quality plant-based foods. Additionally, the market's expansion is fuiled by the global shift towards protein-rich diets and the economic advantages of soy protein as a cost-effective alternative to animal proteins. This sector is also influenced by regulatory frameworks and advancements in food technology that enable broader applications and improved product offerings.

Supply chain issues also pose significant challenges, with fluctuations in soybean prices and availability affecting market stability. Moreover, the sustainability of soy production is under scrutiny, particularly regarding environmental impacts such as deforestation in major soy-producing regions like Brazil.

Despite these challenges, technological advancements in food processing are improving the texture, taste, and nutritional value of soy protein products, expanding their use across a broader range of food products. The market is also supported by regulatory efforts in many countries, promoting plant-based diets for their health and environmental benefits.

Key Players-

AG Processing Inc.

Archer-Daniels-Midland Company

Cargill, Inc.

CHS Inc.

Doves Farm Foods Ltd.

E. I. Du Pont De Nemours and Company (Dupont Nutrition and Health)

Kerry Group, Plc.

Kraft Heinz Company

the Kellogg Company

Wilmar International Limited.Top of Form

The soy protein ingredients market is driven by several key factors that contribute to its growth and expansion:

Health and Wellness Trends: There's a rising consumer interest in healthier dietary choices, which includes increasing protein intake, reducing meat consumption, and seeking out plant-based alternatives. Soy protein, with its high protein content and low fat levels, fits well within this trend.

Vegetarian and Vegan Diets: The global rise in vegetarianism and veganism has significantly boosted the demand for plant-based protein sources. Soy protein ingredients are a staple in many vegetarian and vegan products because they provide essential amino acids comparable to those in animal proteins.

Functional Benefits: Soy protein ingredients offer excellent functional properties such as emulsification, texturing, and water retention, which are valuable in food processing. These properties make soy protein ideal for a range of applications, from meat analogues and bakery products to dairy alternatives and convenience foods.

Cost Effectiveness: Compared to many animal proteins, soy proteins are more economical to produce and process. This cost advantage makes them attractive to food manufacturers looking to manage production costs while still offering high-protein products.

Sustainability Concerns: Soy protein is viewed as a more environmentally sustainable option compared to animal-based proteins. Its production typically requires less water and land and produces fewer greenhouse gases, aligning with the growing consumer demand for environmentally responsible products.

Globalization of Diets: As Western eating habits spread globally, there is increasing consumption of protein-rich and convenience foods in emerging markets. Soy protein ingredients are being used to meet these needs due to their versatility and nutritional profile.

Technological Advancements: Innovations in food technology have improved the texture, taste, and nutritional profile of soy protein products, making them more appealing to a broader audience and expanding their use in various food applications.

Regulatory Support: Governmental policies promoting plant-based diets for health or environmental reasons can also drive the market for soy protein ingredients.

Segmentation

By Type of Soy Protein Ingredients:

Soy Protein Isolates (SPI)

Soy Protein Concentrates (SPC)

Textured Soy Protein (TSP)

Soy Protein Hydrolysates

Soy Protein Flours

By Formulation and Application:

Bakery and Confectionery

Dairy Alternatives

Meat Alternatives

Beverages

Nutritional Supplements

Infant Formula and Baby Food

Cereals and Snacks

Processed Foods

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Plant Protein  Market will Experience Phenomenal Growth Soon

According to HTF Market Intelligence, theGlobal Plant Protein market to witness a CAGR of 5.5% during forecast period of 2024-2030. by Application (Food, Meat alternatives, Dairy alternatives, Bakery products, Performance Nutrition) by Type (Concentrates, Isolates, Textured) by Nature (Conventional, Organic) by Form (Dry, Liquid) by Source (Soy, Wheat, Pea, Other sources (canola protein, rice protein, potato protein)) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Plant Protein market size is estimated to increase by USD  Billion at a CAGR of 5.5% from 2024 to 2030.. Currently, market value is pegged at USD 13.26 Billion.

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Plant protein refers to proteins sourced from plants, such as legumes (e.g., beans, lentils, peas), grains (e.g., wheat, rice, oats), nuts (e.g., almonds, walnuts), seeds (e.g., hemp seeds, chia seeds), and certain vegetables (e.g., spinach, broccoli). These proteins are an essential part of plant-based diets and are often used as alternatives to animal-based proteins for various reasons, including health, environmental sustainability, and ethical considerations.

Some of the key players profiled in the study are Cargill (United States), DuPont (United States), Wilmar International Ltd (Singapore), Roquette Frères (France), Glanbia plc (Ireland), Kerry Group PLC (Ireland), DSM (Netherlands), Ingredion (United States), Emsland Group (Germany), PURIS (United States), COSUCRA (Belgium), Burcon NutraScience Corporation (Canada), SOTEXPRO (France), AGT Food and Ingredients (Canada), Axiom Foods, Inc. (United States), Aminola (Canada),.

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HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.

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[pearlsmith25]

Pea Protein Market: Exploring Growth Opportunities in the Plant-Based Protein Industry

Pea protein is a plant-based protein derived from yellow peas. It has gained significant popularity in recent years due to its numerous health benefits and suitability for various dietary preferences, including vegan, vegetarian, and gluten-free diets. Pea protein is an excellent alternative to animal-based proteins and is widely used in food and beverage products, nutritional supplements, and animal feed. This comprehensive article provides an in-depth analysis of the pea protein market, including its current status, growth factors, key players, applications, and future trends.

Market Size and Growth:

The global pea protein market has experienced robust growth in recent years. According to market research reports, Global pea protein market was valued at US$ 234.88 Million in 2021 in terms of revenue, exhibiting a CAGR of 10.4% during the forecast period (2022 to 2030). The increasing consumer demand for plant-based proteins, rising health consciousness, and the growing vegan population are driving the market's expansion.

Key Growth Factors:

Growing Health and Wellness Consciousness: Consumers are increasingly adopting healthier lifestyles, focusing on weight management, muscle building, and overall well-being. Pea protein, being a high-quality, easily digestible protein source, offers several health benefits, including improved muscle recovery, reduced appetite, and enhanced heart health.

Expanding Plant-Based Food Industry: The shift towards plant-based diets and the rising demand for meat alternatives have fueled the demand for pea protein. It is widely used in plant-based meat substitutes, dairy alternatives, protein bars, and other functional food products.

Allergen-Free and Non-GMO Characteristics: Pea protein is naturally free from common allergens like dairy, soy, and gluten, making it an ideal choice for individuals with dietary restrictions or allergies. Additionally, its non-GMO (Genetically Modified Organism) status appeals to health-conscious consumers seeking clean and sustainable food options.

Sustainability and Environmental Considerations: Pea protein production requires fewer resources and generates lower greenhouse gas emissions compared to animal-based protein sources. The growing concerns over environmental sustainability have further propelled the demand for pea protein as a more sustainable protein option.

Market Segmentation:

The pea protein market can be segmented based on type, application, and geography:

By Type:

a. Isolates: Pea protein isolates are highly refined forms with a protein content of over 80-90%. They are popular in protein powders, shakes, and supplements. b. Concentrates: Pea protein concentrates contain a lower protein content of around 60-80% and often retain more fibers, starch, and other nutrients. They are used in a wide range of food applications.

By Application:

a. Food and Beverages: Pea protein is used in various food products, including bakery goods, snacks, cereals, meat alternatives, dairy alternatives, and beverages. b. Nutritional Supplements: Pea protein is a common ingredient in protein powders, bars, and ready-to-drink supplements. c. Animal Feed: Pea protein is also utilized in animal feed, particularly for pets and livestock, due to its nutritional profile.

By Geography:

The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America and Europe are the largest markets due to the high demand for plant-based proteins and the presence of key manufacturers.

Key Players and Competitive Landscape:

A&B Ingredients Burcon NutraScience Corporation Cosucra Groupe Warcoing SA Emsland Group Roquette Frères The Green Labs LLC Ingredion Incorporated Fenchem Biotek Ltd. Glanbia plc Sotexpro

These companies are focusing on product innovation, expanding their product portfolios, and entering into strategic partnerships to gain a competitive edge in the market.

Future Trends and Opportunities:

Increasing Product Innovation: Manufacturers are investing in research and development to introduce innovative pea protein products, including flavored protein powders, protein chips, and protein-enriched food products, to cater to changing consumer preferences.

Expansion in Emerging Markets: The pea protein market offers significant growth opportunities in emerging economies, such as China, India, and Brazil, where the plant-based food industry is rapidly growing. Manufacturers are expanding their presence in these regions to tap into the increasing demand.

Focus on Sustainable Sourcing and Production: With sustainability becoming a key consumer concern, companies are exploring sustainable sourcing practices, such as regenerative agriculture and vertical farming, to ensure a consistent and eco-friendly supply of pea protein.

Collaboration with Food Manufacturers: Pea protein suppliers are partnering with food and beverage manufacturers to develop customized pea protein-based ingredients and products that meet specific formulation requirements and cater to diverse consumer demands.

Conclusion:

The pea protein market is witnessing significant growth driven by factors such as increasing health consciousness, the rise of plant-based diets, and environmental sustainability concerns. With ongoing product innovations, expanding applications, and the potential for growth in emerging markets, the future looks promising for the pea protein industry. As consumer demand for plant-based proteins continues to rise, pea protein is expected to maintain its strong market presence and contribute to the global shift towards sustainable and healthier food choices.

[foodandbeverages]

Soy Protein Isolate Market: Global Segments, Top Key Players, Size And Recent Trends By Forecast To 2033

The market for soy protein isolate was predicted to reach US$ 2,987 million in 2022. The market is anticipated to reach US$ 4,152.2 million, growing at a CAGR of 3% from 2023 to 2033 due to shifting customer preferences toward natural food proteins.

Animal welfare is one of the key elements determining consumer preference for soy protein isolate. The demand for plant-based alternatives like soy protein isolate has surged as more people contract food allergies and intolerance. The growing customer knowledge of this product’s benefits and the market’s expansion are both due to the usage of soy protein isolate, which offers several advantages.

Soy isolates are becoming more prevalent in baby food. Soy protein isolate has substantial market potential in infant foods due to an increase in demand for it across newborn feeds, prepared meals, and packaged foods. The rise in demand for practical and economical meat alternatives among infants is a significant element boosting soy protein isolate demand globally.

Major market participants are marketing soy products with organic labeling since these commodities are derived from raw materials like peas, wheat, and soy that are produced using organic farming methods. The demand for organic soy protein isolates is also expected to increase as more consumers become aware of the numerous health advantages of consuming organic goods. This is predicted to offer profitable prospects for the expansion of the worldwide market throughout the forecast period.

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Key Takeaways from the Market Study

Global     soy protein isolate market is expected to be valued at US$ 3106 million by     2023

From     2018 to 2022, the market demand expanded at a CAGR of 2.7%

From     2023 to 2033, the United States market for soy protein isolate is     projected to account for a 25.7% market share.

China     to experience a 3.4% CAGR and India a 4.1% CAGR from 2023 to 2033

By     nature, the conventional segment was estimated to acquire a 78% share in     2022.

By     end use, the meat alternative segment acquired 25% market share in 2022.

“Soy-based diets are becoming more popular as customers believe that soy isolate protein products offer therapeutic advantages such as healing disorders, boosting immunity, and lowering the risk of heart attack, diabetes, and various other diseases.” remarks an FMI analyst.

Competitive Landscape

Prominent players in the soy protein isolate market are:

Archer     Daniels Midland

Cargill     Inc

Fuji     Oil Holdings Inc.

Farbest

  Batory     Food

CHS     Inc.

Crown     Soya Protein Group E.I.

The     Scoular Company

Food     Chem International

Fuji     Oil Holdings Inc.

Nutra     Food Ingredients LLC

Osage     Food Products

Dupont     De Numerous Company

Some key developments of the leading companies in this market are:

Archer     Daniels Midland (ADM) opened a new extrusion factory in Serbia in 2022.     This plant will increase the production of non-GMO granular soy protein.     Their new extrusion factory not only boosts the region’s supply of locally     produced, non-GMO textured soy protein, which is in high demand in Europe,     but it also keeps up with the category’s phenomenal growth in the EMEA     region.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global soy protein isolate market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the soy protein isolate market, the market is segmented on the basis of soy protein isolate by nature (organic and conventional), by form (dry and liquid), by end-use (meat alternatives, bakery, and confectionery, functional foods), by function (nutrients, emulsifier, fat & water absorption, restaurants, other functions) and across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Information Source: https://www.futuremarketinsights.com/reports/soy-protein-isolate-market

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Alternative Protein Market Trends, Size, Share, Business Innovations, Growth Outlook, Solution, Services and Future Prospects by 2032

The globalalternative protein market is forecasted to surge at a CAGR of 18% from 2022 to 2032, expanding to volume sales of 902.3’000 Tons by 2032, compared to volume sales of 172.4’000 Tons in 2022. Alternative protein is gaining prominence in the livestock industry and food & beverage industry owing to the nutrition it provides, Innovations and launches of different proteins is increasing the sales of alternative proteins.

From 2016 to 2021, the global pet snacks and treats market registered a CAGR of 14% by accumulating a market value of US$ 61 Billion in 2021. The COVID-19 pandemic played a key role in increasing the importance of building immunity. Thus, most people invested in organic and clean protein to stay healthy. In addition, demand for meeting dietary requirements of animals is escalating the demand for alternative proteins.

North America, Asia Pacific and Europe are the major contributors to the alternative protein market owing to different reasons. Most people suffer from lactose intolerance or food allergies. Thus, consumers are investing in alternative protein. International players and start-ups are launching different protein products to cater to a larger consumer base.

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Key Takeaways from the Market Study

By source, microbial-based protein is expected to possess 40% market share for alternative protein market in the forecast period 2022-2032.

By application, animal feed is expected to procure 55% market share for alternative proteins

North America is expected to possess 40% of market share for alternative proteins

Asia Pacific is expected to procure 18% market share for alternative proteins

Europe is expected to possess 25% market share for alternative protein market in the assessment period.

“Alternative protein manufacturers are focusing on innovation and sustainability. This has led to production of cleaner and nutritious protein, thus, increasing sales of the same.” states an FMI analyst.

Market Competition

Key players in the global alternative protein industry are Cargill Incorporation, Royal DSM NV, AMCO Proteins, Puris, Axiom Foods, Darling Ingredients, Innovafeed, Lallemand Inc, Hamlet Protein, Archer Daniel Midland Company, AB Mauri, Soja Protein, Ingredion, Ynsect, Angel Yeast, and Calysta Inc.

Cargill Incorporation, a key player has introduced pea protein in the Asia market. The pea protein comprises of non-GMO features and has low allergenic. The protein is highly versatile and can be used in different food preparation.

Royal DSM NV launched CanolaPRO, a plant-based protein source from canola (rapeseed). The protein is gluten-free, non-dairy, Non-GMO and offers a mouthfeel texture.

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More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global alternative protein market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of by Source (Insect-based, Microbial-based, Plant-based, others) by application (Food & beverages, Cattle, Aquaculture, Animal Feed, Pet food, Equine, Others) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Profiled in the Alternative Protein Market Industry Survey

Alternative Protein Market by Source:

Insect-based Alternative Protein

Microbial-based Alternative Protein

Bacteria

Yeast

Algae

Fungi

Others

Plant-based Alternative Protein

Soy Protein Isolates

Soy Protein Concentrates

Fermented Soy Protein

Duckweed Protein

Others

Other Alternative Protein Sources

Alternative Protein Market by Application:

Alternative Protein for Food & Beverage

Alternative Protein for Cattle

Alternative Protein for Aquaculture

Alternative Protein for Animal Feed

Alternative Protein for Pet Food

Alternative Protein for Equine

Alternative Protein for Other Applications

Alternative Protein Market by Region:

North America Alternative Protein Market

Latin America Alternative Protein Market

Europe Alternative Protein Market

Asia Pacific Alternative Protein Market

Middle East & Africa Alternative Protein Market

About FMI Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

[kenresearchcompany]

Global Pea Protein Market Outlook, and Revenue Forecast: Ken Research

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What Is the Size of Global Pea Protein Industry?

Global Pea Protein market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Pea Protein Market is largely driven by rise in the number of vegans, the popularity of plant-based & gluten-free goods, and the nutritional advantages of products made from peas.

The market for pea proteins is predicted to increase as a result of consumers' increased focus on their health and the replacement of traditional meat products like sausages and patties with plant-based alternatives. The market for plant-based proteins is anticipated to develop over the course of the estimated period as the number of vegan and flexitarian consumers rises.

ue to growing consumer awareness of their health, consumption of a diet high in protein content has increased dramatically. Furthermore, due to hectic lifestyles, consumers are forced to look for nutrients in packaged food products because they are unable to regularly consume a nutritionally adequate diet. As a result, producers of packaged foods are adding protein and other nutrient-rich components to food products. The primary causes influencing the adoption of a protein-rich diet are the rising prevalence of chronic illnesses brought on by altered lifestyles.

Pea protein market was impacted by the COVID-19 pandemic outbreak. However, as the market for online food and grocery purchases grew in the middle of the 2020s, these sales quickly rebounded.

Global Pea Protein Market by Type

The Global Pea Protein Market is segmented By Type into isolates, concentrates, textured.

The isolates segment held the largest market share in 2021, due to rising knowledge of the advantages of pea protein isolates and their high protein content.

Isolates are frequently utilized as nutritional supplements in meat products, energy drinks, fruit mixes, and bakery goods because of their excellent emulsification and non-allergic properties.

The high protein content, high emulsification, and stability features of isolates, and expanding application areas such as high-performance nutrition products and snack products are primarily responsible for the growth of the market.

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Global Pea Protein Market by Nature

The Global Pea Protein Market is segmented by Nature into Organic Conventional

Organic segment held the largest market share in 2021, due to growing interest in organic products as a result of the popularity of clean-label products and the expansion of certified organic pea farm production.

Organic pea protein concentrate is made by isolating the protein fraction from the carbohydrate and fiber components of organic pea seeds. Concentrates made from organic pea protein are less processed than isolates.

The need for natural products with fewer chemicals and additives is increasing the trend toward clean-label products, which is fuelling the expansion of the global organic pea protein market.

Global Pea Protein Market by Geography

The Global Pea Protein Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share in 2021 of the global pea protein market, the main factors driving the global market are the rising vegan population, the rising demand for health & wellness products, and the rising consumption of processed meat products.

Furthermore, it is anticipated that the availability of grains as sources of protein will decline due to growing grain consumption for bio-based compounds like canola and soy. As a result, pea protein is anticipated to become essential.

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Global Pea Protein Market by Form

The Global Pea Protein market is segmented by Form into Wet Dry.

Dry segment held the largest market share in 2021, primarily due to the low capital requirements, reduced energy and water usage compared to wet, and the significant demand for dry protein components from the food and beverage industry.

During dry processing, whole or dehulled peas are dried, ground, and milled. Protein and starch fractions are then separated depending on mass and various particle sizes using a spiral stream of air. Protein content in products created through dry processing ranges from 50 to 60 weight percent.

By Type

Isolates

Concentrates

Textured

By Nature

Organic

Conventional

By Source

Yellow Spit Pea

Chickpea

Lentils

By Form

Wet

Dry

By Application

Meat Substitutes

Functional Foods

Bakery Products

Beverage

Dietary Supplements

Others

By Geography

North America (USA, Canada, Mexico)

Europe (Germany, UK, Italy, France, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)

LAMEA (Latin America, Middle East, Africa)

Key Companies

Roquette

Dupont

Glanbia Nutritionals

Ingredion

Scoular

Burcon

Shandong

Axiom

Cosucra

Sotexpro

For more insights on the market intelligence, refer to below link: –           

Global Pea Protein Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

[market-insights-2023]

Global Meat Substitutes Market Segments to 2030

The new assessment focuses on Meat Substitutes Market submitted by the The Brainy Insights organization and considers commercial and basic market designs with recorded and measured market data. Meat Substitutes is anticipated to grow at a stunning CAGR of 11.99%, thereby garnering a revenue of USD 4.17 billion in the 2022-2030 timeframe. This research aims to give global Meat Substitutes market strategic & knowledge insights to assist in making informed investment decisions, decision making, and recognizing potential growth possibilities. The study report gives complex dynamics about the various aspects of the Meat Substitutes market, which assists organizations operating in the market make strategic development decisions. Additionally, the driving factors that are positively impacting the demand for Meat Substitutes market and restricting factors that are hampering the growth of Meat Substitutes market are discussed in detail, coupled with their influences on the Meat Substitutes market. The research delivers insights on the COVID-19 outbreak considering the alteration in customer demand & behaviour, re-routing the supply chain, purchasing patterns, major interventions of governments, and the dynamics of current market forces. This record will comprise all the significant aspects of the Meat Substitutes market, such as pros & cons, competition, openings, technological developments, regional analysis, etc.

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Further, the report provides a visual description of how all the organizations stand relatively based on their global Meat Substitutes market hold, geographic presence, competencies, employee & financial strength, and years of operations. Additionally, the SWOT analysis describes strengths, weaknesses, opportunities/possibilities, and threats that assist in accumulating the entire document with high efficiency & dependence. The report is an in-depth analysis of a wealthy supply of main factors responsible for developing the global Meat Substitutes market. The top-down & bottom-up strategies have been used to validate and estimate the market size of Meat Substitutes industry to evaluate the extent of multiple other dependent submarkets in the overall market.

Moreover, the report customization is done per the requirements of the clients. The study provides an in-depth analysis of each parameter, allowing our users to identify the most likely and perhaps the best trend in the current landscape. The companies are analyzed for both external and internal factors. The internal factors consist of the R&D base, consumer base, labour force, supply chain, market share in specific regions, and availability of technologies. The external factors include laws concerning product approval, per capita income, economic fluctuations, the performance of the industry in specific regions, and various other socio-economic parameters. The global Meat Substitutes market record provides a comprehensive analysis of the growth among segments & provides precise calculations & forecasts for sales by application and type in terms of value & volume.

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Based on the following items' applicability: Soy Protein, Wheat Protein, Pea Protein, Others Sources

The market segment by product type: Concentrates, Isolates, Textured

The geographical portions of the report are as follows: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy and Rest of Europe), Asia Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina, Colombia and Rest of South America), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa and Rest of the Middle East and Africa)

The study's goal is to identify the following crucial global market participants: Archer Daniels Midland Company, Cargill, CHS INC., DuPont, Ingredion, Kerry, MGP Ingredient, Puris, Roquette Frères, Suedzucker, The Emsland Group

The study report gives penetrations from market positioning & marketing channels to likely growth approaches, providing in-depth analysis for new players or existing contestants worldwide Meat Substitutes industry. The report compromises many graphs and flowcharts that distinctly explain the attractiveness of each segment globally and in various regions. The research document has comprehensively used the figures & numbers with the help of graphical & pictorial representation, which represents extra clarity on the global Meat Substitutes market.

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[freefartexpert]

Soy Protein Market Worth $14.1 Billion by 2029

Meticulous Research®—a leading global market research company, published a research report titled ‘Soy Protein Market by Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein), Crop Type (GMO Crops), Source Process (Conventional, Organic), Form (Solid, Liquid), Application (Food & Beverages, Animal Feed)—Global Forecasts to 2029’.

In terms of value, the soy protein market is projected to reach $14.1 billion by 2029, at a CAGR of 9.9% from 2022 to 2029, while in terms of volume, the market is projected to reach 7,698.9 thousand tons by 2029, at a CAGR of 7.3% from 2022 to 2029. This market is majorly driven by factors such as the increasing awareness about the benefits of protein-rich diets, the rising demand for protein-rich food products, the rising health & wellness trends, the increasing demand for meat alternatives, the rising demand from the food & beverage industry, and advancements in ingredient technologies, such as microencapsulation.

Additionally, an increasing inclination toward vegan diets and emerging economies in Southeast Asia, Latin America, and the Middle East & Africa are expected to provide significant growth opportunities for soy protein manufacturers in the coming years. However, the significant preference for animal-based protein, fluctuating raw material prices, and high demand for soy-free products hinder the growth of this market to some extent.

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The market is segmented based on type, crop type, source process, form, application, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on type, the soy protein market is segmented by soy protein concentrates, soy protein isolates, textured soy proteins, and soy flour, grits, and chunks. In 2022, the soy protein concentrates segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to its low cost compared to other proteins, potential health advantages associated with soy protein concentrate, the rising demand from the animal feed sector, increased use of soy protein concentrate in food applications, and an increase in the number of product launches. In addition, the growing demand for soy protein concentrates from the meat and animal feed industries drive the growth of this segment. However, the soy protein isolate segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the high demand for soy protein isolates from food & beverage manufacturers due to their nutritional and functional properties, including high protein content, neutral taste, and high viscosity.

Based on crop type, the soy protein market is segmented into genetically modified organism crops and non-genetically modified organism crops. In 2022, the genetically modified organism crops segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the common use of GMO crops, such as soybean, for plant-based protein production due to their huge productivity and cost-effectiveness. However, the non-genetically modified organism crops segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising trend of consuming non-GMO food products, the rising demand for eco-friendly, natural, and organic food products, and stringent regulations for genetically modified crops in Europe and Asia-Pacific.

Based on source process, the soy protein market is mainly segmented into conventional soy protein ingredients and organic soy protein ingredients. In 2022, the conventional soy protein ingredients segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the wide availability of crops grown through the traditional harvesting method (with the use of chemical fertilizers), easy accessibility to cost-effective conventional soy protein ingredients, the longer shelf life of conventional soy proteins, and wide availability of substantial crop varieties. However, the organic soy protein ingredients segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing demand for preservatives and additive-free products. In addition, the increasing trend of clean-label products, attributed to consumers’ preference for natural products with fewer chemicals and additives, is also driving the growth of this segment.

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Based on form, the soy protein market is mainly segmented into solid and liquid. In 2022, the solid segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the growing demand for powder soy protein, ease of handling and transport, lower costs, lower chances of formulation errors, and their capability to maintain ingredient stability. This segment is also projected to register the highest CAGR during the forecast period.

Based on application, the soy protein market is mainly segmented into food & beverages, animal feed, nutrition & health supplements, and other applications. In 2022, the food & beverages segment is expected to account for the largest share of the soy protein market. The large market share of this segment is attributed to the high consumer demand for sustainable products, the growing awareness about the health benefits of consuming soy protein, the rising awareness about the harmful effects of consuming animal-based products and ingredients, the increasing vegan population, and the rising meat prices and clean-label trend. However, the nutrition & health supplements segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the changing lifestyles, growing health & wellness trends, and the increasing prevalence of diseases.

Based on geography, in 2022, North America is expected to account for the largest share of the soy protein market. The major market share of North America is attributed to the well-established food & beverage industry, the rising concerns about the negative effects of animal-derived products and protein, the increasing vegan population, the growing preference for plant-based food products, the increasing demand for healthy & nutritional products, the rising health & wellness trends, and the growing consumer awareness about the health benefits of consuming soy protein.

However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The rapid growth of this region is mainly attributed to the large vegetarian population, growing awareness about the importance of consuming protein-rich diets, technological advancements in the food & beverage industry, and wide availability of raw materials.

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The key players operating in the soy protein market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Kerry Group plc (Ireland), International Flavors & Fragrances Inc. (U.S.), NOW Health Group, Inc. (U.S.), Burcon NutraScience Corporation (Canada), Sotexpro (France), Farbest Brands (U.S.), Wilmar International Limited (Singapore), CHS Inc. (U.S.), and Devansoy Inc. (U.S.).

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Key Questions Answered in the Report-

Which are the high-growth market segments in terms of type, crop type, source process, form, application, and geography?

What is the historical market size for soy protein across the globe?

What are the market forecasts and estimates for the period 2022–2029?

What are the major drivers, restraints, and opportunities in the soy protein market?

Who are the major players in the market, and what are their market shares?

Who are the major players in various countries, and what are their market shares?

What is the competitive landscape for the soy protein market?

What are the recent developments in the soy protein market?

What are the different strategies adopted by the major players in the market?

What are the key geographic trends, and which are the high-growth countries?

Who are the local emerging players in the soy protein market, and how do they compete with other players?

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[supriyab]

The global organic soy protein isolates market is on a trajectory of significant expansion, with an estimated value projected to reach USD 257 million by 2029 from the 2024 valuation of USD 197 million, displaying a promising Compound Annual Growth Rate (CAGR) of 5.4%.

[ananya5400]

Organic Soy Protein Isolates Market Size, Share, Trend Analysis, Segmentation, and Forecast To 2029

The global organic soy protein isolates market, valued at USD 197 million in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 257 million by 2029, indicating a robust compound annual growth rate (CAGR) of 5.4% during the forecast period. One of the key applications of organic soy protein isolates is in the food and beverage industry, where they are utilized as ingredients in meat alternatives, bakery products, performance nutrition. These soy protein isolates offer a rapid and efficient source of amino acids, facilitating quicker muscle recovery and promoting overall health. The market's versatility and diverse applications underscore the manifold benefits of organic soy protein isolates, making them a sought-after ingredient in various sectors and contributing to the industry's sustained expansion.

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Growth in demand for clean label and sustainable feed products propelling the market for organic soy protein isolates at the highest CAGR.

The demand for organic soy protein isolates in the feed industry continues to grow as the demand for meat products in developed countries increases. The North American and Asia Pacific regions are among the key regions for meat production and are predominant consumers of feed products. While plant-based sources have routinely been utilized in the feed industry, they have been processed and used in a crude protein format. The development of soy protein-based feeds, including isolates, represents the increase in the shift toward high-grade premixes.

FAOSTAT estimates that about 1,000 million tons of animal feed are produced globally every year; this includes 600 million tons of compound feed. More than 80% of this feed is produced by 3,800 feed mills, and 60% of the global total is from 10 countries: the US, China, Brazil, Japan, France, Canada, Mexico, Germany, Spain, and the Netherlands. The importance of nutritional diets for animals is increasing, owing to the demand for high-quality animal products, such as meat, dairy, and other animal byproducts.

The liquid segment within the organic soy protein isolates steering the market's momentum due to its blendability.

Liquid soy protein isolates are gaining popularity due to their suitability for various applications, particularly in beverages and infant nutrition products. Unlike their powdered counterparts, which enjoy high demand, liquid soy protein isolates offer distinct advantages. Their inherent blendability makes them well-suited for incorporation into ready-to-drink (RTD) beverages, where they contribute to the desired nutritional profile and texture. While powdered soy protein ingredients typically dominate the market, the liquid form presents unique advantages, particularly in terms of ease of use and quick integration into formulations. Despite having a shorter shelf life compared to powdered alternatives, liquid soy protein isolates are preferred for their convenience and immediate availability, making them a preferred choice for manufacturers of RTD beverages and similar products.

An article published in Forbes in September 2022 highlighted the surging demand for RTD beverages, which has directly contributed to the increased interest in liquid soy protein ingredients. This trend underscores the importance of liquid soy protein isolates in meeting evolving consumer preferences and industry demands for convenient, nutritionally dense beverage options.

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In Europe, the organic soy protein isolates market witnesses significant advancement as government measures to increase production of plant-based protein.

The European market for organic soy protein isolates is divided into applications for both food and feed. The rise of product manufacturers and the acceptance of plant-based protein alternatives have spurred a surge in product introductions across the region.

Moreover, there has been a remarkable increase in veganism within the country, representing a substantial portion of the population. This shift is driven by escalating concerns about sustainability and a heightened emphasis on maintaining good health practices. The growing adoption of veganism and the move away from animal-derived meat offer significant business prospects for companies involved in the organic soy protein industry.

The French government has implemented various strategies to bolster and expand the production of plant-based protein, including organic soy, within the country. This involves collaborating with international counterparts and earmarking substantial funds to enhance domestic production capabilities of plant-based protein. In September 2020, the French government unveiled plans to invest USD 11.85 billion to enhance the country's production of plant-based protein, specifically organic soy.

The key players in the market are ADM (US), The Scoular Group (US), Xinrui Group (China), Shandong Saigao Group Corporation (China), Taj Agro international (Taj Pharma Group) (India).

[joeypetter]

Plant Based Protein Market is Expected to reach US$ 23,086.0 Mn with 7.1% CAGR Forecast to 2030 – R&I

Reports and Insights freshly added a report titled “Plant Based Protein Market: Opportunity Analysis and Future Assessment 2022-2030” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the Plant Based Protein Market along with the compound growth rate (CAGR) of the market for a forecasted period between 2022 and 2030. The report also comprises assessment of the market by employing various analytical tools, such as Porter's five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.

The plant-based protein market is expected to reach at a value of US$ 23,086.0 Mn by 2030 end at a CAGR of 7.1%.

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Plant Based Protein Market Introduction

Protein, as we all know it, is an extremely critical nutrient accountable for the growth, upkeep, maintenance and repair of our bodies. In addition to that, what makes protein all the more crucial is the certainty that the body does not store proteins in a manner it stores fats and carbohydrates – which means that one needs a sustained intake to meet the needs of the body.

Moreover, according to the Academy of Nutrition and Dietetics, there should be a regular intake of 0.8 grams of protein per kilogram of body weight – that transforms to roughly around 0.35 grams per pound. If an individual is lacking in proteins or fiber, he can easily fulfil it by incorporating certain plant proteins into your diet, such as pulses, peas and nuts. It is important to note that the plant-based proteins tend to be lesser in fats and calories in comparison to animal proteins but greater in fiber and essential nutrients. By switching plant proteins for animal proteins, one can mitigate the caloric intake and boost their regular nutrient profile.

The increasing demand for protein-rich diets following the increased awareness among consumers with regard to their personal health and well-being is majorly driving the growth of the global plant-based protein market.

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Plant Based Protein Market Segmentation

The global plant-based protein market is segmented on the basis of form, type, application, source process, and region.

By Form

Dry/Solid

Liquid

By Type

Soy Protein

Soy Protein Concentrates

Soy Protein Isolates

Textured Soy Protein

Soy Flour, Grits, and Chunks

Wheat Protein

Vital Wheat Gluten

Wheat Protein Isolates

Hydrolysed Wheat Protein

Textured Wheat Protein

Pea Protein

Pea Protein Isolate

Pea Protein Concentrate

Pea Protein Textured

Canola Protein

Potato Protein

Rice Protein

Corn Protein

Others

By Application

Food Application

Meat, poultry, and seafood

Bakery products

Meat alternatives

Dairy & dairy alternatives

Cereals & snacks

Beverages

Others

Feed Application

By Source Process

Organic Plant-Based Protein Ingredients

Non-Organic/Conventional Plant-Based Protein Ingredients

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Plant Based Protein Market Key Players

Some of the key participating players in global Plant Based Protein market are:

Archer Daniels Midland Company

Cargill, Incorporated

Roquette Freres Le Romarin, Ingredion Inc.

Kerry Group

DuPont de Nemours, Inc.

Now Foods

Tate & Lyle plc

Axiom Foods Inc.

AMCO Proteins

Burcon NutraScience Corporation

BENEO GmbH

Glico Nutrition Co., Ltd.

Glanbia plc

Corbion NV

Cosucra Groupe

Warcoing SA

Sotexpro

Farbest Brands

Crespel & Deiters GmbH & co. kg

Wilmar International Ltd.

CHS Inc.

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[qrtumb]

Global Goat Milk Market Trends, Analysis, and Report

The Global Goat Milk Market was valued at US$12 billion in 2021 and it is expected to reach at US$16 billion in 2027 at a CAGR of 3.92% during forecast period 2022-2027.

One of the most popular dairy products consumed worldwide is goat milk. In reality, goat milk is consumed by around 3/4 of the world's population on a daily basis. In developing economies, where goat milk is a crucial source of protein, calories, and lipids, it is more convenient to keep goats than cows. People have indicated a preference for goat milk over cow milk in a number of different countries. Compared to cow or plant milk, goat milk is creamier and thicker, and it contains more nutrients that could be beneficial to your health.

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Market Drivers

Protein, which is essential for overall human growth and development, is present in good amounts in goat milk. Additionally, it has more calcium than its competitors, making it ideal for maintaining bone health. Furthermore, goat milk is higher in iron, potassium, and vitamin A than cow milk and contains other critical vitamins and minerals. As a result, it is regarded as being very nourishing for all age groups. The market's growth rate will probably be driven by the increasing demand for goat milk due to its numerous advantages.

Market Restraints

High prices will be a key market inhibitor for the expansion of the goat milk market when compared to their counterparts, such as cow milk and others. Additionally, during the projected period, the growing public awareness of the advantages of vegan goods would probably hinder the expansion of the goat milk market.

Market Segmentation

The global goat milk market is segmented into sector, product, distribution channel and end user. By sector it segmented into unorganized, organized. By product it segmented into milk, cheese, milk powder, other. By distribution channel it segmented into hypermarkets & supermarket, convenience store, specialty stores, medical & pharmacy store, and online. By end user it segmented into adult, teenager, elderly, infant.

Regional Analysis

The global goat milk market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Due to the rising demand for goods made from goat milk in this region, North America commands a large portion of the goat milk market in terms of revenue. Growing customer preference for healthy meals as a result of rising health and wellness awareness is boosting product demand in this region and propelling regional market expansion.

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Key Players

Various key players are listed in this report such as Danone S.A. (Switzerland), AVH dairy trade B.V. (Netherland), Goat Partners International Inc. (U.S.), Granarolo S.p.A. (Italy), Meyenberg (U.S.), Redwood Hill Farm & Creamery (U.S.), St Helen’s Farm Ltd (U.K.), Saputo Inc. (Canada), Xi'an Baiyue Goat Milk Group Co., Ltd (China), Hay Dairies Pte Ltd. (Singapore)

Market Taxonomy  

By Sector  

• Unorganized • Organized

By Product Type  

• Soy Isolates • Soy Concentrates • Textured Soy Protein  

By Type  

• Dry Type • Liquid Type  

By Applications  

• Bakery And Confectionary • Meat Extenders And Substitutes • Nutritional Supplements • Beverages • Others  

Key Question Addressed by the Report  

• What are the Key Opportunities in Global Goat Milk Market? • What will be the growth rate from 2022 to 2027? • Which segment/region will have highest growth? • What are the factors that will impact/drive the Market? • What is the role of key players in the value chain?

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[imr-riya]

Textured Soy Protein Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2028

Global Textured Soy Protein Market was valued at USD 2.16 billion in 2021 and is expected to reach USD 3.75 billion by the year 2028, at a CAGR of 8.2%.

Textured soy protein is a meat alternative product that's prepared from soybeans, although it's also possible to produce a similar meat alternative product from other foods. It's a highly processed food item that's produced by separating (isolating) the soy protein from other components found in whole soybeans. Defatted soy protein is flattened into granules or chunks, and usually dried and rehydrated before cooking. Additionally, textured soy protein is made from soy flour that has had the fat removed from it. The flour is cooked under pressure and then dried and this process is called "extrusion cooking." It is a thermo-mechanical process, which combines high pressure, high shear, and high heat to form a product that can be molded into various forms for different uses. There are several variations to the process and this can affect the resulting product's texture, taste, and nutritional make-up. Furthermore, soy protein provides all the amino acids humans requirements. Due to it is a complete source of protein, some medical experts recommend it as a potentially healthier alternative for meat.

The research presents a full analysis of the pandemic's influence on the whole industry, as well as an outline of market scenarios before and after COVID-19. All of our reports will be modified before distribution to account for the impact of COVID-19 in order to offer a more accurate market prediction. The research study looks at numerous market segments based on type, application, and geographies. The research also includes a competitive analysis of the top Textured Soy Protein product providers, as well as their most recent advances. This study is divided into three sections: type, application, and region, with market size and forecasts for each area. For the predicted period, yearly compound growth rates for all segments have also been presented.

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Key Industry Players in the Textured Soy Protein Market:

·         Archer Daniels Midland Company (US)

·         Cargill Inc. (the US)

·         Bremil Group (Brazil)

·         Shandong Yuxin Bio-Tech (China)

·         DowDuPont Inc(US)

·         Sonic Biochem Extraction Pvt.Ltd (India)

·         Victoria Group A. D. (Serbia)

·         DPS/Dutch Protein & Services B.V. (Netherlands)

·         Linyi Shansong Biological Products Co.Ltd. (China)

·         Wilmar International Ltd (Singapore)

·         Crown Soya Protein Group (China)

·         Sonic Biochem (India)

·         Hung Yang Foods Co.Ltd. (Netherlands) and other major players.

In this report, the textured soy protein market is broadly segmented into soy protein concentrates, soy protein isolates, and soy flour. Soy protein concentrates to account for the largest market as they are easily digestible, cheap, and available in granule, flour, and spray-dried forms. They are well-suited for consumers of all age groups, including children, pregnant & lactating women, and the geriatric population. In terms of volume, the soy protein isolates segment was the second-largest owing to its higher protein content (90%). Soy protein isolates are also estimated to be the fastest-growing, during the forecast period, both in terms of value and volume.

Segmentation Analysis Includes,

By Type:

·         Non-GMO

·         Conventional

·         Organic

·         Others

By Source:

·         Soy Protein Isolates

·         Soy Protein Concentrates

·         Soy Flour

By Application:

·         Food Products

·         Bakery Products

·         Cereals & Snacks

·         Dairy Alternatives

·         Others

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Key Benefits:

·         This report provides a quantitative analysis of the current textured soy protein market trends, estimations, and dynamics of the global market size from 2019 to 2026 to identify the prevailing opportunity.

·         The key countries in all the major regions are mapped based on their market share.

·         Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.

·         Textured soy protein market forecast is offered along with information related to key drivers, restraints, and trends.

·         An in-depth analysis of the global market helps determine the prevailing market opportunities.

In addition, textured soy protein as meat extender is considered to be economically more feasible as compared to other protein products, which fosters the textured soy protein market expansion. However, the availability of variety of other plant-based proteins such as chickpeas, chia, fava beans, and quinoa is anticipated to hamper the textured soy protein market growth.

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Impact of nutrition on the immune system has been well documented. Recent research has underlined the need of getting enough of certain nutrients such as protein in COVID-19, increasing the importance of textured soy protein consumption. Nonetheless, due to the disease's novelty, knowledge of the effects of certain nutrients is limited.

Related Report: -

https://introspectivemarketresearch.com/reports/soy-hydrolysate-market/

https://introspectivemarketresearch.com/reports/soy-polysaccharides-market/

https://introspectivemarketresearch.com/reports/natural-soy-lecithin-market/

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[pravalika]

Wheat Protein Market - Forecast (2022 - 2027)

Wheat Protein Market size is estimated to reach $2,651 million by 2026, growing at a CAGR of 6.1% over 2021-2026. Wheat protein is one of the plant proteins (along with soy) most commonly utilized in meat products. The protein level of finished wheat gluten products is typically 75–82% (dry basis). Vital wheat gluten, texturized wheat gluten, and isolated wheat gluten can be used in meat products. There are several applications of wheat protein such as nutritional bars, processed meat, animal feed, etc. These proteins are a form of insoluble functional protein with specific visco-elastic properties that give product elasticity and extensibility. Wheat Proteins are becoming a common requirement for bakery products followed by the increasing popularity of plant-based foods. Furthermore, wheat protein being a suitable alternative for non-animal protein among vegans coupled with nutritional benefits for lactose-intolerant consumers can be considered as another the major factor driving the growth of this market. Above all, economic growth and urbanization are causing substantial shifts in population-level dietary patterns; particularly in low- and middle-income nations, with emerging countries accounting for the majority of the worldwide rise in demand for animal-based foods which is set to further enhance the overall market demand for Wheat Protein market for the period 2021-2026. 

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Report Coverage

The report: “Wheat Protein Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Wheat Protein Market.    

By Product Type: Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, Hydrolyzed Wheat Protein and Others.

By Nature: Organic and Conventional.

By Form: Dry and Liquid.

By Applications: Food, Animal Feed, Sports Nutrition & Weight Management, Nutraceuticals, Cosmetics and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)

Key Takeaways

In 2020, North America dominated the Wheat Protein Market owing to busy lifestyle and hectic work schedule mostly in the U.S. and Canada with the consumption of RTE products seeing an up-surge.

Growing awareness about the health among people and opting for food products that can provide multiple benefits are enhancing the growth of the Wheat Protein Market. 

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Wheat Protein Market report.  

Rising concerns regarding gluten intolerance and gluten-free diets is set to create hurdles for the Wheat Protein Market.  

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Wheat Protein Segment Analysis – By Product Type

The Wheat Protein Market based on product type can be further segmented into Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, Hydrolyzed Wheat Protein and Others. The Wheat Gluten segment is the major segment generating revenue in 2020. Gluten proteins from wheat are typically utilized as a bread component. When water is added to flour, gluten is formed. A continuous network of protein formulae gives dough with strength and flexibility while maintaining its shape during the mixing process. Furthermore, the segment is estimated to register the fastest CAGR of 7.5% for the period 2021-2026. This is mainly owing to the fact that Gluten's increasing use in hair products, cosmetics, and different dermatological goods has fueled demand in recent years, and this trend is likely to continue over the next decade, which in turn boosting the growth of Wheat Protein market. However, owing to the growing concerns among consumers about food allergies is also impeding the demand, as the regulatory bodies in the both developing and developed countries are indulging food producers on their labelling as allergen or gluten-free products.

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Wheat Protein Segment Analysis – By Application

The Wheat Protein Market based on Application can be further segmented into Food, Animal Feed, Sports Nutrition & Weight Management, Nutraceuticals, Cosmetics and Others. The bakery of food segment registers for the highest Wheat Protein market share in 2020. This is mainly owing to the fact that these proteins are an important dietary complement for good health. It acts as a low-calorie supplement that has a greater glutamine content than whey and casein. Moreover, it also aids in the management of cholesterol levels and the treatment of cardiovascular illnesses. Its numerous advantages make it an important element of a balanced diet. As a result, consumer demand is being driven. On the other hand, the Sports Nutrition & Weight Management segment is forecasted to register the fastest CAGR of 8.1% over 2021-2026. This is mainly owing to the fact that these proteins are the basic requirements that are vital in the raising of healthy and nutritional supplements which are majorly adopted by bodybuilders and strength training athletes as it is a high nutritional content and is low in calorie. Apart from this, there is also a rising incidences of lactose intolerances across the globe, in order to aid this these isolates of wheat protein further help in providing accurate amounts of nutrients and further in weight management.

Wheat Protein Segment Analysis – By Geography

North America dominated the Wheat Protein Market with major share of 45% in 2020. This is owing to busy lifestyle and hectic work schedule mostly in the U.S. and Canada with the consumption of RTE products seeing an up-surge and continue to drive the market. Apart from this, the changing consumer perceptions regarding health benefits pertaining to wheat based protein products consumption coupled with various regulatory bodies approval for major protein ingredients for use in the food industry is to result in high acceptance by end-use industries such as food and cosmetics.

However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 6.05% during the forecast period 2021-2026 owing to the fact that Asian countries such as Japan, China, India and South Korea are undergoing growth in the sectors of healthcare, cosmetics and food at a regular basis which has therefore increased the domestic demand of such food itineraries in the region. Apart from this, there are several other factors which keeps on boosting the Asia-Pacific market for wheat protein as a whole. 

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Wheat Protein Market Drivers

Increase In Health- & Fitness-Conscious Consumers

The Wheat Protein market driver can be attributed to the increase in the working class is now resorting to purchasing food products that offer various nutritional and health benefits. In order to meet such demand, food manufacturers are using such functional ingredients in their food products such as wheat protein, the most common functional ingredients, containing all essential amino acids and nutritional ingredients required by the human body. 

Wheat Protein Market Challenges

Instances Of Gluten Intolerance And Gluten-Free Diets 

The restraining factor that is to create a negative impact during the forecast period 2021-2026 is the rising instances of gluten intolerance and gluten-free diets which has led to some individuals experiencing discomfort in their stomach despite not having Celiac disease. This factor is acting as a major challenge for the growth of the Wheat Protein Market during the forecast period 2021-2026.

Wheat Protein Market Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Wheat Protein market. In 2020, Wheat Protein market share is fragmented by the top ten players present in the market. The Wheat Protein market top 10 companies are ADM, Cargill, MGP Ingredients, Manildra Group, Grana, Roquette Frères., Tereos, CropEnergies AG, Crespel & Deiters, Kröner-Stärke, GLICO NUTRITION CO. LTD. and others.

Acquisitions/Product Launches

In September 2020, ADM launched Prolite MeatTEX textured wheat protein and Prolite MeatXT non-textured wheat protein, which contribute meat-like texture to meat and seafood alternative products. They have a clean taste, a blank-slate color base, and offer enhanced water absorption and hydration speeds.

In April 2020, MGP Ingredients launched the ProTerra line of textured proteins. ProTerra is especially suited for use in vegetarian/vegan applications as well as in blended products as an extension or partial substitute for meat.