Textured soy protein, also known as soy meat, or soya chunks is a defatted soy flour product, a by-product of extracting soybean oil. It is often used as a meat analogue or meat extender. It is quick to cook, with a protein content comparable to certain meats. The analysts forecast the global textured soy protein market to exhibit a CAGR of 7.9% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global textured soy protein for 2019-2024. To calculate the market size, the report considers the textured soy protein sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.
Geographically, the global textured soy protein market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
On the basis of product, the global textured soy protein market is segmented into:
- Soy Protein Concentrates
- Soy Protein Isolates
Based on application, the textured soy protein market is segmented into:
- Meat Substitutes
- Dairy Alternatives
- Infant Nutrition
- Bakery Products
- Cereals & Snacks
- Animal Feed
The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global textured soy protein market are:
- Archer-Daniels-Midland Co
- Bremil Group
- Cargill Inc
- Crown Soya Protein Group
- DowDuPont Inc
- Dutch Protein & Services BV
- Hung Yang Foods Co., Ltd.
- Linyi Shansong Biological Products Co., Ltd.
- Shandong Yuxin Bio-Tech Co., Ltd.
- Sonic Biochem
- Victoria Group
- Wilmar International Ltd
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Objective of the study:
- To analyze and forecast the market size of global textured soy protein market.
- To classify and forecast global textured soy protein market based on region, product, and application.
- To identify drivers and challenges for global textured soy protein market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global textured soy protein market.
- To conduct pricing analysis for global textured soy protein market.
- To identify and analyze the profile of leading players operating in global textured soy protein market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of textured soy protein
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to textured soy protein
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with textured soy protein suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.
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