UK Soy Protein Market Size
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Study Period: | 2017 - 2029 |
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Largest Share by End User: | Food and Beverages |
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Fastest Growing by End User: | Supplements |
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CAGR: | 3.58 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
UK Soy Protein Market Analysis
The United Kingdom Soy Protein Market is projected to register a CAGR of 3.58%
- Largest Segment by Form - Isolates : Constant research and innovations, mainly in animal feed, support the application of soy protein isolates, which is projected to drive the applications of the ingredient.
- Largest Segment by End User - Food and Beverages : The F&B industry dominates the market, primarily led by meat and dairy alternatives, due to their functionalities that make them highly preferred ingredients.
- Fastest-growing Segment by Form - Textured/Hydrolyzed : Hydrolyzed or textured soy proteins are gaining application mainly in meat alternative products as these are available in dice forms, chunks, or crumbles for ease of use.
- Fastest-growing Segment by End User - Supplements : The rising consumer focus on health and sports fitness is anticipated to drive the segment. The preference for soy in this sector is propelling segmental growth.
UK Soy Protein Industry Segmentation
Concentrates, Isolates, Textured/Hydrolyzed are covered as segments by Form. Animal Feed, Food And Beverages, Supplements are covered as segments by End User.| Form | |
| Concentrates | |
| Isolates | |
| Textured/Hydrolyzed |
| End User | ||||||||||||
| Animal Feed | ||||||||||||
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UK Soy Protein Market Trends
This section covers the major market trends shaping the UK Soy Protein Market according to our research experts:
Food and Beverages is the largest segment by End User.
- The applications of soy protein in the UK market are majorly dominated by the food and beverage segment. In 2022, soy protein was mainly driven by applications in the meat and meat alternative products sub-segment, followed by dairy and dairy alternative products, accounting for 23.83% and 21.04% by volume, respectively.
- UK consumers are shifting from animal protein products to plant-based protein products due to rising health consciousness. Soy protein continues to be customers' preferred option among all other plant-based proteins. In 2021, around 60% of UK consumers shifted toward plant-based products as they are considered healthier. More people are turning to vegan protein-based meat replacements due to the rising allergic reactions to animal proteins. In the United Kingdom, the consumption of soy-based foods is also encouraged by the government and various associations, which is further boosting the demand for soy protein-fortified foods in the country.
- Animal feed held the second major share in the market. It is projected to register a CAGR of 2.14%, by value, during the forecast period. Soybean meal, which is the by-product of oil extraction, has a high crude protein content of 44-50% and a balanced amino acid composition, making it complementary to maize meal for feed formulations. In pet food, soy protein concentrates are typically used as a partial substitute for meat and meat meal ingredients and as a meat extender in dry and canned pet foods. The UK pet population increased from 9.6 million in 2020 to 10.2 million in 2021, thus boosting the demand for soy protein in pet food formulations.
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UK Soy Protein Industry Overview
The United Kingdom Soy Protein Market is fragmented, with the top five companies occupying 32.60%. The major players in this market are A. Costantino & C. spa, Archer Daniels Midland Company, International Flavors & Fragrances, Inc., Kerry Group PLC and The Scoular Company (sorted alphabetically).
UK Soy Protein Market Leaders
A. Costantino & C. spa
Archer Daniels Midland Company
International Flavors & Fragrances, Inc.
Kerry Group PLC
The Scoular Company
*Disclaimer: Major Players sorted in no particular order
UK Soy Protein Market News
- March 2021: Fuji Oil Group appointed Mikio Sakai as the new president and CEO. Mikio Sakai is engaged in developing 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 protein.
- February 2021: DuPont merged its Nutrition Business with International Flavors & Fragrances (IFF), establishing a company that may become a leading ingredients supplier to the food industry in the United States. The company generated a revenue of USD 11 billion, and it may supply soy proteins and other ingredients for consumer products.
- October 2020: Archer Daniels Midland Company expanded the production of non-GMO soy protein concentrates at its facility in the Netherlands. The concentrates are available in powder forms and can be used in all types of food applications.
UK Soy Protein Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. End User Market Volume
2.2. Protein Consumption Trends
2.3. Regulatory Framework
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION
3.1. Form
3.1.1. Concentrates
3.1.2. Isolates
3.1.3. Textured/Hydrolyzed
3.2. End User
3.2.1. Animal Feed
3.2.2. Food And Beverages
3.2.2.1. By Sub End User
3.2.2.1.1. Bakery
3.2.2.1.2. Beverages
3.2.2.1.3. Breakfast Cereals
3.2.2.1.4. Condiments/Sauces
3.2.2.1.5. Dairy And Dairy Alternative Products
3.2.2.1.6. Meat/Poultry/Seafood And Meat Alternative Products
3.2.2.1.7. RTE/RTC Food Products
3.2.2.1.8. Snacks
3.2.3. Supplements
3.2.3.1. By Sub End User
3.2.3.1.1. Baby Food And Infant Formula
3.2.3.1.2. Elderly Nutrition And Medical Nutrition
3.2.3.1.3. Sport/Performance Nutrition
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. A. Costantino & C. spa
4.4.2. Archer Daniels Midland Company
4.4.3. Brenntag SE
4.4.4. Fuji Oil Holdings Inc.
4.4.5. International Flavors & Fragrances, Inc.
4.4.6. Kerry Group PLC
4.4.7. The Scoular Company
4.4.8. Wilmar International Ltd
5. KEY STRATEGIC QUESTIONS FOR PROTEIN INGREDIENTS INDUSTRY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
Figure 1:
UNITED KINGDOM BABY FOOD AND INFANT FORMULA MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 2:
UNITED KINGDOM BAKERY MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 3:
UNITED KINGDOM BEVERAGES MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 4:
UNITED KINGDOM BREAKFAST CEREALS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 5:
UNITED KINGDOM CONDIMENTS/SAUCES MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 6:
UNITED KINGDOM CONFECTIONERY MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 7:
UNITED KINGDOM DAIRY AND DAIRY ALTERNATIVE PRODUCTS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 8:
UNITED KINGDOM ELDERLY NUTRITION AND MEDICAL NUTRITION MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 9:
UNITED KINGDOM MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 10:
UNITED KINGDOM RTE/RTC FOOD PRODUCTS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 11:
UNITED KINGDOM SNACKS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 12:
UNITED KINGDOM SPORT/PERFORMANCE NUTRITION MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 13:
UNITED KINGDOM ANIMAL FEED MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 14:
UNITED KINGDOM PERSONAL CARE AND COSMETICS MARKET, VOLUME IN METRIC TONNES, 2017 - 2029
Figure 15:
UNITED KINGDOM PER CAPITA CONSUMPTION OF PLANT PROTEIN, IN GRAM, 2017 - 2029
Figure 16:
UNITED KINGDOM SOY PROTEIN MARKET, 2015-2026
Figure 17:
UNITED KINGDOM SOY PROTEIN MARKET, 2015-2026
Figure 18:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY FORM, 2017 - 2029
Figure 19:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BY FORM, 2017 - 2029
Figure 20:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE SHARE (%), BY FORM, 2017 VS 2023 VS 2029
Figure 21:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME SHARE (%), BY FORM, 2017 VS 2023 VS 2029
Figure 22:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CONCENTRATES, 2017 - 2029
Figure 23:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, CONCENTRATES, 2017 - 2029
Figure 24:
UNITED KINGDOM SOY PROTEIN MARKET, CONCENTRATES, VALUE SHARE (%), BY END USER, 2022 VS 2029
Figure 25:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ISOLATES, 2017 - 2029
Figure 26:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, ISOLATES, 2017 - 2029
Figure 27:
UNITED KINGDOM SOY PROTEIN MARKET, ISOLATES, VALUE SHARE (%), BY END USER, 2022 VS 2029
Figure 28:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, TEXTURED/HYDROLYZED, 2017 - 2029
Figure 29:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, TEXTURED/HYDROLYZED, 2017 - 2029
Figure 30:
UNITED KINGDOM SOY PROTEIN MARKET, TEXTURED/HYDROLYZED, VALUE SHARE (%), BY END USER, 2022 VS 2029
Figure 31:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY END USER, 2017 - 2029
Figure 32:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BY END USER, 2017 - 2029
Figure 33:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE SHARE (%), BY END USER, 2017 VS 2023 VS 2029
Figure 34:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME SHARE (%), BY END USER, 2017 VS 2023 VS 2029
Figure 35:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ANIMAL FEED, 2017 - 2029
Figure 36:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, ANIMAL FEED, 2017 - 2029
Figure 37:
UNITED KINGDOM SOY PROTEIN MARKET, ANIMAL FEED, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 38:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY SUB END USER, 2017 - 2029
Figure 39:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BY SUB END USER, 2017 - 2029
Figure 40:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE SHARE (%), BY SUB END USER, 2017 VS 2023 VS 2029
Figure 41:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME SHARE (%), BY SUB END USER, 2017 VS 2023 VS 2029
Figure 42:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BAKERY, 2017 - 2029
Figure 43:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BAKERY, 2017 - 2029
Figure 44:
UNITED KINGDOM SOY PROTEIN MARKET, BAKERY, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 45:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BEVERAGES, 2017 - 2029
Figure 46:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BEVERAGES, 2017 - 2029
Figure 47:
UNITED KINGDOM SOY PROTEIN MARKET, BEVERAGES, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 48:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BREAKFAST CEREALS, 2017 - 2029
Figure 49:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BREAKFAST CEREALS, 2017 - 2029
Figure 50:
UNITED KINGDOM SOY PROTEIN MARKET, BREAKFAST CEREALS, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 51:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, CONDIMENTS/SAUCES, 2017 - 2029
Figure 52:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, CONDIMENTS/SAUCES, 2017 - 2029
Figure 53:
UNITED KINGDOM SOY PROTEIN MARKET, CONDIMENTS/SAUCES, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 54:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, 2017 - 2029
Figure 55:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, 2017 - 2029
Figure 56:
UNITED KINGDOM SOY PROTEIN MARKET, DAIRY AND DAIRY ALTERNATIVE PRODUCTS, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 57:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, 2017 - 2029
Figure 58:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, 2017 - 2029
Figure 59:
UNITED KINGDOM SOY PROTEIN MARKET, MEAT/POULTRY/SEAFOOD AND MEAT ALTERNATIVE PRODUCTS, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 60:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, RTE/RTC FOOD PRODUCTS, 2017 - 2029
Figure 61:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, RTE/RTC FOOD PRODUCTS, 2017 - 2029
Figure 62:
UNITED KINGDOM SOY PROTEIN MARKET, RTE/RTC FOOD PRODUCTS, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 63:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SNACKS, 2017 - 2029
Figure 64:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, SNACKS, 2017 - 2029
Figure 65:
UNITED KINGDOM SOY PROTEIN MARKET, SNACKS, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 66:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BY SUB END USER, 2017 - 2029
Figure 67:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BY SUB END USER, 2017 - 2029
Figure 68:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE SHARE (%), BY SUB END USER, 2017 VS 2023 VS 2029
Figure 69:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME SHARE (%), BY SUB END USER, 2017 VS 2023 VS 2029
Figure 70:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, BABY FOOD AND INFANT FORMULA, 2017 - 2029
Figure 71:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, BABY FOOD AND INFANT FORMULA, 2017 - 2029
Figure 72:
UNITED KINGDOM SOY PROTEIN MARKET, BABY FOOD AND INFANT FORMULA, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 73:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, ELDERLY NUTRITION AND MEDICAL NUTRITION, 2017 - 2029
Figure 74:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, ELDERLY NUTRITION AND MEDICAL NUTRITION, 2017 - 2029
Figure 75:
UNITED KINGDOM SOY PROTEIN MARKET, ELDERLY NUTRITION AND MEDICAL NUTRITION, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 76:
UNITED KINGDOM SOY PROTEIN MARKET, VOLUME IN METRIC TONNES, SPORT/PERFORMANCE NUTRITION, 2017 - 2029
Figure 77:
UNITED KINGDOM SOY PROTEIN MARKET, VALUE IN USD, SPORT/PERFORMANCE NUTRITION, 2017 - 2029
Figure 78:
UNITED KINGDOM SOY PROTEIN MARKET, SPORT/PERFORMANCE NUTRITION, VALUE SHARE (%), BY FORM, 2022 VS 2029
Figure 79:
UNITED KINGDOM SOY PROTEIN MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2022
Figure 80:
UNITED KINGDOM SOY PROTEIN MARKET, TOTAL NUMBER OF STRATEGIC MOVES, 2017 - 2022
Figure 81:
UNITED KINGDOM SOY PROTEIN MARKET SHARE(%), BY KEY PLAYERS, 2021
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.
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
