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Europe Soy Protein Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Europe Soy Protein Ingredients Market is segmented by Type (Soy Isolates, Soy Concentrate, Textured Soy Protein), Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, and Others), and by Country

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Market Snapshot

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Study Period: 2016 - 2026
Base Year: 2020
CAGR: 6.24 %

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Market Overview

Europe Soy Protein Ingredients Market is projected to grow at a CAGR of 6.24%, during the forecast period (2020 – 2025).

  • The market growth for soy protein ingredients in Europe is facilitated by accumulating scientific evidence of various health benefits of soy protein, over animal-based protein counterparts. The benefits of the plant-based diet are being increasingly acknowledged by European consumers, therefore gearing the market growth. The region has also witnessed rising demands for ideal meat substitutes.
  • Furthermore, the sales of meat substitutes in the United Kingdom alone are predicted to increase by 25% in the next five years. The rise in vegetarianism as a lifestyle choice is a trend expanding across Europe

 

Scope of the Report

The Europe soy protein ingredients market is segmented by types 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 Germany, the United Kingdom, France, Spain, Russia, Italy, and the rest of Europe.

By Type
Soy Isolates
Soy Concentrate
Textured Soy Protein
By Application
Bakery and Confectionery
Meat Extenders and Substitutes
Nutritional Supplements
Beverages
Other Applications
By Country
Germany
United Kingdom
France
Spain
Russia
Italy
Rest of Europe

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Key Market Trends

Growing Consumption of Processed Foods and Beverages

The demand for processed and healthy foods, such as ready-to-eat, ready-to-cook, canned foods and bottled beverages, among others, is very high in Europe, with the increasing adoption rate of advanced food processing technologies. The rapidly-changing consumer lifestyle is the primary factor driving the processed food market. The demand for convenience foods has grown among working women population. The rising emphasis on healthy snacks and beverages, increase in disposable incomes, ever-growing population and demand for better quality are some other major factors affecting the soy protein ingredients market.

Trends1

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Germany Holds the Largest Market Share in European Soy Protein Ingredients Market

The increasing demand for soy protein is attributed to its immense health benefits as it aligns perfectly with obesity concerns in the country. Moreover, the increasing number of health conscious consumers in the European Union (EU) acts is driving the soy protein ingredients market. The European region mainly depends on imports to satisfy the growing consumer demand for plant proteins. Germany accounts for the major share of soy protein ingredients with a considerable share of xx% in the year 2018. There is high support from the government for the production and consumption of plant protein, such as soy, as they require fewer natural resources for the same protein level.

 

Trends

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Competitive Landscape

The major players in the European soy protein ingredients market include - ADM (Archer Daniels Midland Company), Cargill Europe BVBA, CHS Inc. (US), DuPont, EISS B.V.,  Kerry, Scoular Company, and Wilmar International, among others.

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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

  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 By Country

      1. 5.3.1 Germany

      2. 5.3.2 United Kingdom

      3. 5.3.3 France

      4. 5.3.4 Spain

      5. 5.3.5 Russia

      6. 5.3.6 Italy

      7. 5.3.7 Rest of Europe

  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 Scoular Company

      5. 6.4.5 Wilmar International Ltd

      6. 6.4.6 Fuji Oil Asia Pte. Ltd

      7. 6.4.7 Food Chem International

      8. 6.4.8 Euroduna

      9. 6.4.9 Farbest Brands

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

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

The Europe Soy Protein Ingredients Market is growing at a CAGR of 6.24% over the next 5 years.

Archer Daniels Midland Company, Cargill Inc, DowDuPont Inc, Scoular Company are the major companies operating in Europe Soy Protein Ingredients Market.

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