Asia-Pacific Soy Protein Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific soy protein ingredients market is segmented by Type (Soy Isolates, Soy Concentrate, and Textured Soy Protein), Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, and Others), and Geography

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Market Snapshot

Asia-Pacific Soy Protein Ingredients Market Size
Study Period: 2016 - 2026
Base Year: 2021
Largest Market: China
CAGR (2019-2024): 8.23%

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Market Overview

Asia-Pacific soy protein ingredients market is anticipated to register a CAGR of 8.23%, during the forecast period (2019 – 2024).

  • The market growth for soy protein ingredients in Asia-Pacific is facilitated by accumulating scientific evidence of various health benefits of soy protein, over animal-based protein counterparts.
  • Soy protein isolates and concentrates are the most eminent forms of soy protein and contains 90% and 70% protein content, respectively. The high functional property of soy protein and its natural health benefit are boosting its market growth. There is an increase in the adoption of soy protein across several end-user industries, owing to its high sustainability.

 

Scope of the Report

Asia-Pacific Soy Protein Ingredients Market is segmented by type such as soy isolates, soy concentrate, and textured soy protein. On the basis of application, the market is segmented into bakery and confectionery, meat extenders and substitutes, nutritional supplements, beverages, and others. Also, the study provides an analysis of the soy protein ingredients in the emerging and established markets across the region, including Japan, China, India, Australia, and rest of the Asia-Pacific.

By Type
Soy Isolates
Soy Concentrate
Textured Soy Protein
By Application
Bakery and Confectionery
Meat Extenders and Substitutes
Nutritional Supplements
Beverages
Other Applications
Geography
Asia-Pacific
China
Japan
India
Australia
Rest of the Asia-Pacific

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Key Market Trends

Increasing Demand for Plant-based Protein Products

The growing population in Asia-Pacific presents a huge opportunity in the form of a large consumer base, which is adopting a healthier lifestyle. Increased sources of information are aiding in spreading awareness about health benefits of soy, which is resulting in the speedy adoption of soy ingredients in their day to day life. Additionally, the growing sports & nutrition and food & beverage sector in the Asia-Pacific region has also increased demand for soy protein ingredients. A large population in this region is lactose intolerant, and non-milk-based ingredients and products posses huge potential in this market. 

Asia-Pacific Soy Protein Ingredients Market Trends

Japan holds the Largest Market Share in Asia-Pacific Soy Protein Ingredients Market

The Asia-Pacific soy protein ingredients market witnessed rapid evolvement in both developed and developing countries, as it has a huge potential for more protein consumption through packaged foods and drinks. The consumption pattern for the entire region is dependent on the income and spending patterns of the population. High income countries, like Japan has a major share in the soy protein ingredients market as it offers attractive prices, but slow growth. Further, the developing nations, like India, has huge potential for soy protein ingredients market, owing to increasing disposable income and growing health awareness.

Asia-Pacific Soy Protein Ingredients Market Share

Competitive Landscape

Some of the major players in soy protein ingredients market in Asia-Pacific are ADM, Cargill, CHS, Dupont, Linyi Shansong Biological Products Co., Ltd, Kerry Group, Sinoglory Enterprise Group, Sojaprotein Soy Protein Concentrates, Sonic Biochem Extractions Ltd (Protein), among others.

Major Players

  1. Archer Daniels Midland Company

  2. Cargill Inc.

  3. DowDuPont Inc.

  4. Kerry Group

  5. Wilmar International Ltd

Archer Daniels Midland Company, Cargill Inc, DowDuPont Inc, Kerry Group, Wilmar International Ltd

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Soy Isolates

      2. 5.1.2 Soy Concentrate

      3. 5.1.3 Textured Soy Protein

    2. 5.2 By Application

      1. 5.2.1 Bakery and Confectionery

      2. 5.2.2 Meat Extenders and Substitutes

      3. 5.2.3 Nutritional Supplements

      4. 5.2.4 Beverages

      5. 5.2.5 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 Japan

        3. 5.3.1.3 India

        4. 5.3.1.4 Australia

        5. 5.3.1.5 Rest of the Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Archer Daniels Midland Company

      2. 6.4.2 Cargill Inc.

      3. 6.4.3 DowDuPont Inc.

      4. 6.4.4 Kerry Group

      5. 6.4.5 Linyi Shansong Biological Products Co., Ltd

      6. 6.4.6 Wilmar International Ltd

      7. 6.4.7 Fuji Oil Asia Pte. Ltd

      8. 6.4.8 Sinoglory Enterprise Group

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Frequently Asked Questions

The Asia-Pacific Soy Protein Ingredients Market market is studied from 2016 - 2026.

The Asia-Pacific Soy Protein Ingredients Market is valued at China in 2016.

The Asia-Pacific Soy Protein Ingredients Market is valued at 8.23% in 2026.

Archer Daniels Midland Company, Cargill Inc., DowDuPont Inc., Kerry Group, Wilmar International Ltd are the major companies operating in Asia-Pacific Soy Protein Ingredients Market.

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