Global Soy Protein Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2026

The Global Soy Protein Market is segmented by Form ( Concentrates, Isolates, Textured/Hydrolyzed ) , by End User ( Animal Feed, Personal Care and Cosmetics, Food and Beverages, Supplements ) and by Region ( Africa, Asia-Pacific, Europe, Middle East, North America, South America )

INSTANT ACCESS

Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2026
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2020
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User: Animal Feed
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region: North America
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 3.61 %

Key Players

WHY BUY FROM US?
1. CRISP & INSIGHFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE

Market Overview

The Global Soy Protein Market stood at 9.53 billion usd in 2021 and is projected to register a CAGR of 3.61% to reach 11.38 billion usd in 2026.

  • Largest Segment by Form - Isolates : Soy protein isolates overpower other forms owing to its low viscosity, high dispersibilty and solublilty, that caters to its extensive application in all the sectors.
  • Largest Segment by End User - Animal Feed : Soy protein are widely used in animal feed sector across the globe owing to its distinct benefits like protein digestibility, apt amino acid profile, extended shelf life, etc.
  • Fastest Growing Segment by Form - Isolates : Constant innovations and growing demnad in F&B played an extremely important role in boosting the sales of SPI. Recently, organically sourced SPI have been capturing the market.
  • Fastest Growing Segment by End User - Supplements : The rising consumer focus on health and sports fitness is anticipated to drive the segment. Among all, the preference of soy in the sector is propelling the segmental growth.

Scope of the Report

By Form
Concentrates
Isolates
Textured/Hydrolyzed
By End User
Animal Feed
Personal Care and Cosmetics
Food and Beverages
Bakery
Beverages
Breakfast Cereals
Condiments/Sauces
Dairy and Dairy Alternative Products
Meat/Poultry/Seafood and Meat Alternative Products
RTE/RTC Food Products
Snacks
Supplements
Baby Food and Infant Formula
Elderly Nutrition and Medical Nutrition
Sport/Performance Nutrition
By Region
Africa
By Form
By End user
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Form
By End user
Australia
China
India
Indonesia
Japan
Malaysia
New Zealand
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Form
By End user
Belgium
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Form
By End user
Iran
Saudi Arabia
United Arab Emirates
Rest of Middle East
North America
By Form
By End user
Canada
Mexico
United States
Rest of North America
South America
By Form
By End user
Argentina
Brazil
Rest of South America

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Key Market Trends

Largest Segment By End User : Animal Feed

  • The usage of soy protein ingredients in animal feed marginally surpasses its usage in food and beverage. Soy protein, mainly in the form of concentrates, is widely used in the diets of animals, birds, and fish. Easy digestibility, improved shelf life, and protein enrichment are the main characteristics driving its application in the F&B industry. In 2020, the animal feed segment was largely driven by concentrates that addressed about 55% of the soy protein needs.
  • F&B is another crucial application sector for soy protein, mainly driven by its demand in the meat/meat alternative industry. This can be attributed to multi-functionalities that mimic muscle texture when stacked in straight fibers, thus, improving its use for texture and protein enrichment in meat alternatives. In 2020, the meat alternatives sub-segment accounted for about 22% of the soy protein market. In terms of growth, supplements remained the fastest growing sector, with a projected CAGR of 4.58% during the forecast period. This can be attributed to the growing number of fitness enthusiasts in developed economies like the United States, the United Kingdom, and Germany.

Largest Region : North America

  • North America dominates the soy protein market, with most of its applications in the food and beverage segment. Meat and dairy alternatives led the market demand, holding a volume share of 44% in 2020. This growth can be attributed to the increasing demand for plant-based products, especially in the United States and Canada, which have a combined vegan population of about 10 million. Being among the largest producers of soybeans, North America widely contributes to the regional soy protein demand.
  • North America is followed by Asia-Pacific, which is primarily driven by the animal feed segment. In 2020, animal feed accounted for about 53% of soy protein consumed in the region.
  • South America is projected to be the fastest-growing market as the demand for natural and sustainable ingredients is rapidly increasing due to the rising health consciousness. The region is set to record a CAGR volume of 4.93% over the forecast period.

Competitive Landscape

The Global Soy Protein Market is fragmented, with the top five companies occupying 27.34%. The major players in this market are Archer Daniels Midland Company, CHS Inc., DuPont de Nemours Inc., Fuji Oil Group and Kerry Group plc (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • April 2021: Fuji Oil Holdings Inc.'s Dutch subsidiary invested in UNOVIS NCAP II Fund, which is a major fund specializing in food technology. The company plans to contribute to a sustainable society using its processing technologies of plant-based food materials to tackle the issues customers and consumers face across the world.
  • March 2021: Fuji Oil Group appointed Mikio Sakai as the new president and CEO. Mikio Sakai is engaged in plant-based food solutions as a core concept to grow a third business pillar, along with the Oil and Fat and Chocolate businesses. Plant-based food solutions include soy meat and soybeans, which are used as raw materials for plant-based proteins.
  • February 2021: Bunge has expanded its soy protein manufacturing plants by purchasing two soy processing plants from the local crusher Imcopa for USD 12 million, reinforcing its position as the country's biggest oilseed processor.

Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1 Study Assumptions & Market Definition

    2. 2.2 Scope of the Study​

    3. 2.3 Research Methodology

  3. 3. Key Industry Trends

    1. 3.1 End User Market

    2. 3.2 Per Capita Plant Protein Consumption

    3. 3.3 Raw Material/Commodity Production

    4. 3.4 Regulatory Framework (*Only for the major country/countries)

    5. 3.5 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By Form

      1. 4.1.1 Concentrates

      2. 4.1.2 Isolates

      3. 4.1.3 Textured/Hydrolyzed

    2. 4.2 By End User

      1. 4.2.1 Animal Feed

      2. 4.2.2 Personal Care and Cosmetics

      3. 4.2.3 Food and Beverages

        1. 4.2.3.1 Bakery

        2. 4.2.3.2 Beverages

        3. 4.2.3.3 Breakfast Cereals

        4. 4.2.3.4 Condiments/Sauces

        5. 4.2.3.5 Dairy and Dairy Alternative Products

        6. 4.2.3.6 Meat/Poultry/Seafood and Meat Alternative Products

        7. 4.2.3.7 RTE/RTC Food Products

        8. 4.2.3.8 Snacks

      4. 4.2.4 Supplements

        1. 4.2.4.1 Baby Food and Infant Formula

        2. 4.2.4.2 Elderly Nutrition and Medical Nutrition

        3. 4.2.4.3 Sport/Performance Nutrition

    3. 4.3 By Region

      1. 4.3.1 Africa

        1. 4.3.1.1 By Form

        2. 4.3.1.2 By End user

        3. 4.3.1.3 Nigeria

        4. 4.3.1.4 South Africa

        5. 4.3.1.5 Rest of Africa

      2. 4.3.2 Asia-Pacific

        1. 4.3.2.1 By Form

        2. 4.3.2.2 By End user

        3. 4.3.2.3 Australia

        4. 4.3.2.4 China

        5. 4.3.2.5 India

        6. 4.3.2.6 Indonesia

        7. 4.3.2.7 Japan

        8. 4.3.2.8 Malaysia

        9. 4.3.2.9 New Zealand

        10. 4.3.2.10 South Korea

        11. 4.3.2.11 Thailand

        12. 4.3.2.12 Vietnam

        13. 4.3.2.13 Rest of Asia-Pacific

      3. 4.3.3 Europe

        1. 4.3.3.1 By Form

        2. 4.3.3.2 By End user

        3. 4.3.3.3 Belgium

        4. 4.3.3.4 France

        5. 4.3.3.5 Germany

        6. 4.3.3.6 Italy

        7. 4.3.3.7 Netherlands

        8. 4.3.3.8 Russia

        9. 4.3.3.9 Spain

        10. 4.3.3.10 Turkey

        11. 4.3.3.11 United Kingdom

        12. 4.3.3.12 Rest of Europe

      4. 4.3.4 Middle East

        1. 4.3.4.1 By Form

        2. 4.3.4.2 By End user

        3. 4.3.4.3 Iran

        4. 4.3.4.4 Saudi Arabia

        5. 4.3.4.5 United Arab Emirates

        6. 4.3.4.6 Rest of Middle East

      5. 4.3.5 North America

        1. 4.3.5.1 By Form

        2. 4.3.5.2 By End user

        3. 4.3.5.3 Canada

        4. 4.3.5.4 Mexico

        5. 4.3.5.5 United States

        6. 4.3.5.6 Rest of North America

      6. 4.3.6 South America

        1. 4.3.6.1 By Form

        2. 4.3.6.2 By End user

        3. 4.3.6.3 Argentina

        4. 4.3.6.4 Brazil

        5. 4.3.6.5 Rest of South America

  5. 5. Competitive Landscape

    1. 5.1 Key Strategic Moves

    2. 5.2 Market Share Analysis

    3. 5.3 Company Profiles

      1. 5.3.1 A. Costantino & C. SpA

      2. 5.3.2 Archer Daniels Midland Company

      3. 5.3.3 Bunge Limited

      4. 5.3.4 CHS Inc.

      5. 5.3.5 DuPont de Nemours Inc.

      6. 5.3.6 Fuji Oil Group

      7. 5.3.7 Kerry Group plc

      8. 5.3.8 Sonic Biochem Extractions Pvt. Ltd

      9. 5.3.9 Wilmar International Ltd

  6. 6. Appendix

    1. 6.1 Appendix-1 References

    2. 6.2 Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Proteins CEOs

List of Tables & Figures

    Figure 1:  

    ANIMAL FEED MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 2:  

    BABY FOOD AND INFANT FORMULA MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 3:  

    BAKERY MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 4:  

    BEVERAGES MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 5:  

    BREAKFAST CEREALS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 6:  

    CONDIMENTS/SAUCES MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 7:  

    CONFECTIONERY MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 8:  

    DAIRY AND DAIRY ALTERNATIVE PRODUCTS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 9:  

    ELDERLY NUTRITION AND MEDICAL NUTRITION MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 10:  

    MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 11:  

    PERSONAL CARE AND COSMETICS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 12:  

    RTE/RTC FOOD PRODUCTS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 13:  

    SNACKS MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 14:  

    SPORT/PERFORMANCE NUTRITION MARKET, VOLUME IN METRIC TONNES, GLOBAL, 2016 - 2026

    Figure 15:  

    GLOBAL PLANT PROTEIN PER CAPITA CONSUMPTION, IN GRAM, 2001 - 2026

    Figure 16:  

    GLOBAL SOY PRODUCTION, VOLUME IN METRIC TONNES, 2011 - 2019

    Figure 17:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY FORM, 2016 - 2026

    Figure 18:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BY FORM, 2016 - 2026

    Figure 19:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BY FORM, 2020

    Figure 20:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CONCENTRATES, 2016 - 2026

    Figure 21:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, CONCENTRATES, 2016 - 2026

    Figure 22:  

    GLOBAL SOY PROTEIN MARKET, CONCENTRATES, VALUE SHARE (%), BY END USER, 2020

    Figure 23:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ISOLATES, 2016 - 2026

    Figure 24:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ISOLATES, 2016 - 2026

    Figure 25:  

    GLOBAL SOY PROTEIN MARKET, ISOLATES, VALUE SHARE (%), BY END USER, 2020

    Figure 26:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, TEXTURED/HYDROLYZED, 2016 - 2026

    Figure 27:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, TEXTURED/HYDROLYZED, 2016 - 2026

    Figure 28:  

    GLOBAL SOY PROTEIN MARKET, TEXTURED/HYDROLYZED, VALUE SHARE (%), BY END USER, 2020

    Figure 29:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY END USER, 2016 - 2026

    Figure 30:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BY END USER, 2016 - 2026

    Figure 31:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BY END USER, 2020

    Figure 32:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ANIMAL FEED, 2016 - 2026

    Figure 33:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ANIMAL FEED, 2016 - 2026

    Figure 34:  

    GLOBAL SOY PROTEIN MARKET, ANIMAL FEED, VALUE SHARE (%), BY FORM, 2020

    Figure 35:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, PERSONAL CARE AND COSMETICS, 2016 - 2026

    Figure 36:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, PERSONAL CARE AND COSMETICS, 2016 - 2026

    Figure 37:  

    GLOBAL SOY PROTEIN MARKET, PERSONAL CARE AND COSMETICS, VALUE SHARE (%), BY FORM, 2020

    Figure 38:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY SUB END USER, 2016 - 2026

    Figure 39:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BY SUB END USER, 2016 - 2026

    Figure 40:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BY SUB END USER, 2020

    Figure 41:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BAKERY, 2016 - 2026

    Figure 42:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BAKERY, 2016 - 2026

    Figure 43:  

    GLOBAL SOY PROTEIN MARKET, BAKERY, VALUE SHARE (%), BY FORM, 2020

    Figure 44:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BEVERAGES, 2016 - 2026

    Figure 45:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BEVERAGES, 2016 - 2026

    Figure 46:  

    GLOBAL SOY PROTEIN MARKET, BEVERAGES, VALUE SHARE (%), BY FORM, 2020

    Figure 47:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BREAKFAST CEREALS, 2016 - 2026

    Figure 48:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BREAKFAST CEREALS, 2016 - 2026

    Figure 49:  

    GLOBAL SOY PROTEIN MARKET, BREAKFAST CEREALS, VALUE SHARE (%), BY FORM, 2020

    Figure 50:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CONDIMENTS/SAUCES, 2016 - 2026

    Figure 51:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, CONDIMENTS/SAUCES, 2016 - 2026

    Figure 52:  

    GLOBAL SOY PROTEIN MARKET, CONDIMENTS/SAUCES, VALUE SHARE (%), BY FORM, 2020

    Figure 53:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, 2016 - 2026

    Figure 54:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, 2016 - 2026

    Figure 55:  

    GLOBAL SOY PROTEIN MARKET, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, VALUE SHARE (%), BY FORM, 2020

    Figure 56:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, 2016 - 2026

    Figure 57:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, 2016 - 2026

    Figure 58:  

    GLOBAL SOY PROTEIN MARKET, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, VALUE SHARE (%), BY FORM, 2020

    Figure 59:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, RTE/RTC FOOD PRODUCTS, 2016 - 2026

    Figure 60:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, RTE/RTC FOOD PRODUCTS, 2016 - 2026

    Figure 61:  

    GLOBAL SOY PROTEIN MARKET, RTE/RTC FOOD PRODUCTS, VALUE SHARE (%), BY FORM, 2020

    Figure 62:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SNACKS, 2016 - 2026

    Figure 63:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SNACKS, 2016 - 2026

    Figure 64:  

    GLOBAL SOY PROTEIN MARKET, SNACKS, VALUE SHARE (%), BY FORM, 2020

    Figure 65:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY SUB END USER, 2016 - 2026

    Figure 66:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BY SUB END USER, 2016 - 2026

    Figure 67:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BY SUB END USER, 2020

    Figure 68:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BABY FOOD AND INFANT FORMULA, 2016 - 2026

    Figure 69:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BABY FOOD AND INFANT FORMULA, 2016 - 2026

    Figure 70:  

    GLOBAL SOY PROTEIN MARKET, BABY FOOD AND INFANT FORMULA, VALUE SHARE (%), BY FORM, 2020

    Figure 71:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ELDERLY NUTRITION AND MEDICAL NUTRITION, 2016 - 2026

    Figure 72:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ELDERLY NUTRITION AND MEDICAL NUTRITION, 2016 - 2026

    Figure 73:  

    GLOBAL SOY PROTEIN MARKET, ELDERLY NUTRITION AND MEDICAL NUTRITION, VALUE SHARE (%), BY FORM, 2020

    Figure 74:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SPORT/PERFORMANCE NUTRITION, 2016 - 2026

    Figure 75:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SPORT/PERFORMANCE NUTRITION, 2016 - 2026

    Figure 76:  

    GLOBAL SOY PROTEIN MARKET, SPORT/PERFORMANCE NUTRITION, VALUE SHARE (%), BY FORM, 2020

    Figure 77:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY REGION, 2016 - 2026

    Figure 78:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BY REGION, 2016 - 2026

    Figure 79:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BY REGION, 2020

    Figure 80:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, AFRICA, BY COUNTRY, 2016 - 2026

    Figure 81:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, AFRICA, BY COUNTRY, 2016 - 2026

    Figure 82:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), AFRICA, BY COUNTRY, 2020

    Figure 83:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, AFRICA, BY FORM, 2016 - 2026

    Figure 84:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, AFRICA, BY FORM, 2016 - 2026

    Figure 85:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), AFRICA, BY FORM, 2020

    Figure 86:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, AFRICA, BY END USER, 2016 - 2026

    Figure 87:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, AFRICA, BY END USER, 2016 - 2026

    Figure 88:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), AFRICA, BY END USER, 2020

    Figure 89:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NIGERIA, 2016 - 2026

    Figure 90:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NIGERIA, 2016 - 2026

    Figure 91:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NIGERIA, BY END USER, 2020

    Figure 92:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SOUTH AFRICA, 2016 - 2026

    Figure 93:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SOUTH AFRICA, 2016 - 2026

    Figure 94:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SOUTH AFRICA, BY END USER, 2020

    Figure 95:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF AFRICA, 2016 - 2026

    Figure 96:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF AFRICA, 2016 - 2026

    Figure 97:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF AFRICA, BY END USER, 2020

    Figure 98:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ASIA-PACIFIC, BY COUNTRY, 2016 - 2026

    Figure 99:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ASIA-PACIFIC, BY COUNTRY, 2016 - 2026

    Figure 100:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), ASIA-PACIFIC, BY COUNTRY, 2020

    Figure 101:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ASIA-PACIFIC, BY FORM, 2016 - 2026

    Figure 102:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ASIA-PACIFIC, BY FORM, 2016 - 2026

    Figure 103:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), ASIA-PACIFIC, BY FORM, 2020

    Figure 104:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ASIA-PACIFIC, BY END USER, 2016 - 2026

    Figure 105:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ASIA-PACIFIC, BY END USER, 2016 - 2026

    Figure 106:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), ASIA-PACIFIC, BY END USER, 2020

    Figure 107:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, AUSTRALIA, 2016 - 2026

    Figure 108:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, AUSTRALIA, 2016 - 2026

    Figure 109:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), AUSTRALIA, BY END USER, 2020

    Figure 110:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CHINA, 2016 - 2026

    Figure 111:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, CHINA, 2016 - 2026

    Figure 112:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), CHINA, BY END USER, 2020

    Figure 113:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, INDIA, 2016 - 2026

    Figure 114:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, INDIA, 2016 - 2026

    Figure 115:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), INDIA, BY END USER, 2020

    Figure 116:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, INDONESIA, 2016 - 2026

    Figure 117:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, INDONESIA, 2016 - 2026

    Figure 118:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), INDONESIA, BY END USER, 2020

    Figure 119:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, JAPAN, 2016 - 2026

    Figure 120:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, JAPAN, 2016 - 2026

    Figure 121:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), JAPAN, BY END USER, 2020

    Figure 122:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MALAYSIA, 2016 - 2026

    Figure 123:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MALAYSIA, 2016 - 2026

    Figure 124:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), MALAYSIA, BY END USER, 2020

    Figure 125:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NEW ZEALAND, 2016 - 2026

    Figure 126:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NEW ZEALAND, 2016 - 2026

    Figure 127:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NEW ZEALAND, BY END USER, 2020

    Figure 128:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SOUTH KOREA, 2016 - 2026

    Figure 129:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SOUTH KOREA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SOUTH KOREA, BY END USER, 2020

    Figure 131:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, THAILAND, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, THAILAND, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), THAILAND, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, VIETNAM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, VIETNAM, 2016 - 2026

    Figure 136:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), VIETNAM, BY END USER, 2020

    Figure 137:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF ASIA-PACIFIC, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF ASIA-PACIFIC, 2016 - 2026

    Figure 139:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF ASIA-PACIFIC, BY END USER, 2020

    Figure 140:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, EUROPE, BY COUNTRY, 2016 - 2026

    Figure 141:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, EUROPE, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), EUROPE, BY COUNTRY, 2020

    Figure 143:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, EUROPE, BY FORM, 2016 - 2026

    Figure 144:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, EUROPE, BY FORM, 2016 - 2026

    Figure 145:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), EUROPE, BY FORM, 2020

    Figure 146:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, EUROPE, BY END USER, 2016 - 2026

    Figure 147:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, EUROPE, BY END USER, 2016 - 2026

    Figure 148:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), EUROPE, BY END USER, 2020

    Figure 149:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BELGIUM, 2016 - 2026

    Figure 150:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BELGIUM, 2016 - 2026

    Figure 151:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BELGIUM, BY END USER, 2020

    Figure 152:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, FRANCE, 2016 - 2026

    Figure 153:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, FRANCE, 2016 - 2026

    Figure 154:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), FRANCE, BY END USER, 2020

    Figure 155:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, GERMANY, 2016 - 2026

    Figure 156:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, GERMANY, 2016 - 2026

    Figure 157:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), GERMANY, BY END USER, 2020

    Figure 158:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ITALY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ITALY, 2016 - 2026

    Figure 160:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), ITALY, BY END USER, 2020

    Figure 161:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NETHERLANDS, 2016 - 2026

    Figure 162:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NETHERLANDS, 2016 - 2026

    Figure 163:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NETHERLANDS, BY END USER, 2020

    Figure 164:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, RUSSIA, 2016 - 2026

    Figure 165:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, RUSSIA, 2016 - 2026

    Figure 166:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), RUSSIA, BY END USER, 2020

    Figure 167:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SPAIN, 2016 - 2026

    Figure 168:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SPAIN, 2016 - 2026

    Figure 169:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SPAIN, BY END USER, 2020

    Figure 170:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, TURKEY, 2016 - 2026

    Figure 171:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, TURKEY, 2016 - 2026

    Figure 172:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), TURKEY, BY END USER, 2020

    Figure 173:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, UNITED KINGDOM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, UNITED KINGDOM, 2016 - 2026

    Figure 175:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), UNITED KINGDOM, BY END USER, 2020

    Figure 176:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF EUROPE, 2016 - 2026

    Figure 177:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF EUROPE, 2016 - 2026

    Figure 178:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF EUROPE, BY END USER, 2020

    Figure 179:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MIDDLE EAST, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MIDDLE EAST, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), MIDDLE EAST, BY COUNTRY, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MIDDLE EAST, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MIDDLE EAST, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), MIDDLE EAST, BY FORM, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MIDDLE EAST, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MIDDLE EAST, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), MIDDLE EAST, BY END USER, 2020

    Figure 188:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, IRAN, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, IRAN, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), IRAN, BY END USER, 2020

    Figure 191:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SAUDI ARABIA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SAUDI ARABIA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SAUDI ARABIA, BY END USER, 2020

    Figure 194:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, UNITED ARAB EMIRATES, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, UNITED ARAB EMIRATES, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), UNITED ARAB EMIRATES, BY END USER, 2020

    Figure 197:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF MIDDLE EAST, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF MIDDLE EAST, 2016 - 2026

    Figure 199:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF MIDDLE EAST, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NORTH AMERICA, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NORTH AMERICA, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NORTH AMERICA, BY COUNTRY, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NORTH AMERICA, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NORTH AMERICA, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NORTH AMERICA, BY FORM, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, NORTH AMERICA, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, NORTH AMERICA, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), NORTH AMERICA, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CANADA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, CANADA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), CANADA, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MEXICO, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, MEXICO, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), MEXICO, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, UNITED STATES, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, UNITED STATES, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), UNITED STATES, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF NORTH AMERICA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF NORTH AMERICA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF NORTH AMERICA, BY END USER, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SOUTH AMERICA, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SOUTH AMERICA, BY COUNTRY, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SOUTH AMERICA, BY COUNTRY, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SOUTH AMERICA, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SOUTH AMERICA, BY FORM, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SOUTH AMERICA, BY FORM, 2020

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    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SOUTH AMERICA, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, SOUTH AMERICA, BY END USER, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), SOUTH AMERICA, BY END USER, 2020

    Figure 230:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ARGENTINA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, ARGENTINA, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), ARGENTINA, BY END USER, 2020

    Figure 233:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BRAZIL, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, BRAZIL, 2016 - 2026

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    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), BRAZIL, BY END USER, 2020

    Figure 236:  

    GLOBAL SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, REST OF SOUTH AMERICA, 2016 - 2026

    Figure 237:  

    GLOBAL SOY PROTEIN MARKET, VALUE IN USD, REST OF SOUTH AMERICA, 2016 - 2026

    Figure 238:  

    GLOBAL SOY PROTEIN MARKET, VALUE SHARE (%), REST OF SOUTH AMERICA, BY END USER, 2020

    Figure 239:  

    MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2016-2021

    Figure 240:  

    MOST ADOPTED STRATEGIES, 2016-2021

    Figure 241:  

    GLOBAL SOY PROTEIN MARKET, MARKET SHARE, 2020

Market Definition

  • End User - The Protein Ingredients Market operates on a B2B basis. Food, Beverages, Supplements, Animal Feed, and Personal Care & Cosmetic manufacturers are considered to be end-consumers in the market studied. The scope excludes manufacturers buying liquid/dry whey to be used for application as a binding agent or thickener or other non-protein applications.
  • Penetration Rate - Penetration Rate is defined as the percentage of Protein-Fortified End User Market Volume in the Overall End User Market Volume.
  • Average Protein Content - It is the average protein content present in per 100 g of product manufactured by all end-user companies considered under the scope of this report.

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Frequently Asked Questions

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

The Global Soy Protein Market stood at 9.53 billion usd in 2021 and is projected to register a CAGR of 3.61% to reach 11.38 billion usd in 2026.

Soy protein isolates overpower other forms owing to its low viscosity, high dispersibilty and solublilty, that caters to its extensive application in all the sectors.

Soy protein are widely used in animal feed sector across the globe owing to its distinct benefits like protein digestibility, apt amino acid profile, extended shelf life, etc.

Constant innovations and growing demnad in F&B played an extremely important role in boosting the sales of SPI. Recently, organically sourced SPI have been capturing the market.

The rising consumer focus on health and sports fitness is anticipated to drive the segment. Among all, the preference of soy in the sector is propelling the segmental growth.

Archer Daniels Midland Company,CHS Inc.,DuPont de Nemours Inc.,Fuji Oil Group and Kerry Group plc. are the major companies operating in Global Soy Protein Market.