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

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

Market Snapshot

market sum
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

7.14 %

Largest Market:

United States

CAGR (2019-2024):

7.14%

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Market Overview

North American Soy Protein Ingredients Market is anticipated to register a CAGR of 7.14%, during the forecast period.

  • The North America soy protein ingredients market is driven by growing inclination toward vegan diets, the functional efficiency, the cost competitiveness offered by such plant protein products, and their increasing utilization in wide variety of processed foods, especially in the ready-to-eat product category.
  • The soy protein ingredients have expanded from mainstream distribution channels, and the key companies, such as Archer Daniels Midland Company, Cargill Incorporated, and DowDuPont Inc. are embarking on intense mergers and acquisitions, in order to strengthen the consolidation of the plant protein industry.

 

Scope of the Report

North America 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 United States, Mexico, Canada, and rest of North America.

By Type
Soy Isolates
Soy Concentrate
Textured Soy Protein
By Application
Bakery and Confectionery
Meat Extenders and Substitutes
Nutritional Supplements
Beverages
Other Applications
Geography
North America
United States
Canada
Mexico
Rest of the North Americs

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Key Market Trends

Increasing Demand for Plant Protein-Based Ready-to-Eat Products

In North America, consumers’ consumption pattern has been undergoing transformation with context to lifestyle choices and food consumption patterns. They demand convenience food products, but with rich nutritive profile and health benefits. The consumer-oriented research has led to the evolution of meat analogues that satisfy the demand of the vegan consumers, or those who do not prefer to consume animal protein, due to health reasons. Additionally, soy protein product is an “excellent source” of dietary fiber. This merits special attention because dietary fiber appears to play a role in controlling blood cholesterol, and may have an effect in preventing colon cancer and improving glucose tolerance.  

trend 1

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United States Dominate the Soy Protein Ingredients Market

The United States continues to capture the largest market share for soy protein ingredients, followed by Canada, and Mexico, as soy protein ingredient market is growing at a fast rate, owing to factors, such as changes in lifestyle, lack of balanced dietary intake, and increasing focus of global manufacturers on R&D to develop new kinds of soy-protein-enriched products. Nowadays, consumers are switching to other alternative products, such as, green label food products, due to increasing awareness for healthy and plant-based products as there are increasing number of counterfeit products in the market, which is boosting the soy market.

trend 2

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Competitive Landscape

The major players in the North America 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.

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 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of the North Americs

  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 Scoular Company

      6. 6.4.6 Wilmar International Ltd

      7. 6.4.7 Fuji Oil Asia Pte. Ltd

      8. 6.4.8 Food Chem International

      9. 6.4.9 CHS Inc.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

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

The North America Soy Protein Ingredients Market is growing at a CAGR of 7.14% over the next 5 years.

The North America Soy Protein Ingredients Market is valued at United States in 2026.

  • Archer Daniels Midland
  • Cargill Inc.
  • DowDuPont Inc.
  • Kerry Group
  • CHS Inc.

Are the major companies operating in North America Soy Protein Ingredients Market.

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