Market Size of Global Isolate Organic Soy Protein Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Isolated Organic Soy Protein Market Analysis
The global isolate organic soy protein market is projected to witness a CAGR of 3.5% during the forecast period (2020 - 2025).
The growing awareness among consumers, worldwide, regarding the health benefits of soy proteins is by far the leading driver for the global isolated organic soy protein market. The growing trend of veganism is also helping to boost the industry. One of the key avenues of expansion for the global soy protein market lies in the booming functional foods industry.
The isolate organic soy protein is facing competition from the non-organic soy food source and also from other organic oilseed products, such as flax and sunflower. However, the high cost involved in raw material processing and high production cost can dampen market growth. These two factors act as restraints for the isolated organic soy protein market growth.