Market Size of Soy Flour Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.12 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Soy Flour Market Analysis
The Global Soy Flour Market is expected to register a CAGR of 6.12%, during the forecast period of 2019–2024.
- Growing demand for soy-derived flour in processed baked items owing to its nutritional qualities including gluten-free, trans-fat free, and whole-grain food products are fueling the soy flour market growth.
- Additionally, the rising popularity of a vegan diet is expected to propel the demand for soy flour owing to its nutritional value such as high dietary fiber and bioactive components including isoflavones. Moreover, flour derived from soy has a gluten-free property and it acts as a prime source of protein in a vegan diet, this, in turn, boosting the soy flour market globally.
