Global Soy Protein Market is Driven by Rise in Adoption of Soy as An Alternative of Meat
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Global Soy Protein Market is expected to reach $7,430 million by 2024 from $4,691 million in 2016; growing at a CAGR of 5.9% from 2016 to 2024. Major growth factors of the global soy protein market are growing popularity of infant foods containing soy proteins, and growing awareness among consumers. Though, allergic nature and availability of alternative protein sources may hamper the growth of the market. Furthermore, emerging markets and cultivation organic soy would provide growth opportunities during forecast period.
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Product type, form type, application, function type and geography are the major segments of global soy protein market. Product type segment comprises soy proteins concentrates, soy proteins isolates, and soy proteins hydrolysates. In 2016, concentrates held for the largest market share in 2016, whereas hydrolates is anticipated to grow at a fastest CAGR from 2016 to 2024. Furthermore, Form type includes liquid and dry. Application segment comprises bakery & confectionery, functional foods, and others. Functional foods held the highest market share in 2016. Additionally, function type is categorized into nutrients, emulsifier, fat & water absorption and texturants.
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North America, Europe, Asia-Pacific and Rest of the World (RoW) are covered in the global soy protein market. North America held for the largest market share in 2016, owning to increasing adoption of soy and used as an alternative for meat. Furthermore, Asia-Pacific is expected to grow at a fastest CAGR during the forecast period, driven by the increase in lifestyle diseases and preference for soy products instead of dairy products.
The key players in the global soy protein market are DuPoint Nutrition & Health, Crown Soya Protein Group, Armor Proteins, Kerry Ingredients Inc., Archer Daniels Midland Company, George Weston Foods, Burcon Nutra Science Corporation, Wilmer International, Omega Protein Corporation, and Ruchi Soya Industries, among others.
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Variant Market Research LLP was delineated in 2015 and to launch our business and website it grabbed more than a year. Our head office is based in Pune and we also have branch in San Francisco, California, the U.S. The long time was generally used to build up a talented team of experienced professionals and analysts, to generate client satisfying exact market analysis data. The company aims to be a specialist in delivering reports on various domains with precise analysis, keeping a virtuous relationship with our consumers. Our vision says, "We would like to grow with you, making your paths simpler yet solidest" and our mission is to "Implementing our analytical, technical and marketing skills to set a new goal for our consumers, dedicatedly helping them take their next strategic moves."
The Co-founders of Variant Market Research: M/S Shweta Shubham and Mr. Yogesh Godse are keen to provide services across aforementioned domains helping them to take their strategic moves regarding their business and providing them the growth opportunities. The Co-founders say, "We believe in providing the future solutions for your business, exploring the current market trends and suggesting you the future strategies and forecast of a particular market that could keep your company ahead in the competitive market rivalry." We hold expertise in our designated areas of research and consulting with a team of experts from each of the dedicated areas covered under our research. Destined by the dedicated team of analysts and experts, we are envisioned to provide you our best in order to plan your next strategic move and take your company's future ahead with our support and your esteemed cooperation.
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Browse Complete Report @ https://www.variantmarketresearch.com/report-categories/food-beverages/soy-protein-market
Product type, form type, application, function type and geography are the major segments of global soy protein market. Product type segment comprises soy proteins concentrates, soy proteins isolates, and soy proteins hydrolysates. In 2016, concentrates held for the largest market share in 2016, whereas hydrolates is anticipated to grow at a fastest CAGR from 2016 to 2024. Furthermore, Form type includes liquid and dry. Application segment comprises bakery & confectionery, functional foods, and others. Functional foods held the highest market share in 2016. Additionally, function type is categorized into nutrients, emulsifier, fat & water absorption and texturants.
Get Free Sample of This Report @ https://www.variantmarketresearch.com/report-categories/food-beverages/soy-protein-market/sample-request
North America, Europe, Asia-Pacific and Rest of the World (RoW) are covered in the global soy protein market. North America held for the largest market share in 2016, owning to increasing adoption of soy and used as an alternative for meat. Furthermore, Asia-Pacific is expected to grow at a fastest CAGR during the forecast period, driven by the increase in lifestyle diseases and preference for soy products instead of dairy products.
The key players in the global soy protein market are DuPoint Nutrition & Health, Crown Soya Protein Group, Armor Proteins, Kerry Ingredients Inc., Archer Daniels Midland Company, George Weston Foods, Burcon Nutra Science Corporation, Wilmer International, Omega Protein Corporation, and Ruchi Soya Industries, among others.
About Variant Market Research:
Variant Market Research LLP was delineated in 2015 and to launch our business and website it grabbed more than a year. Our head office is based in Pune and we also have branch in San Francisco, California, the U.S. The long time was generally used to build up a talented team of experienced professionals and analysts, to generate client satisfying exact market analysis data. The company aims to be a specialist in delivering reports on various domains with precise analysis, keeping a virtuous relationship with our consumers. Our vision says, "We would like to grow with you, making your paths simpler yet solidest" and our mission is to "Implementing our analytical, technical and marketing skills to set a new goal for our consumers, dedicatedly helping them take their next strategic moves."
The Co-founders of Variant Market Research: M/S Shweta Shubham and Mr. Yogesh Godse are keen to provide services across aforementioned domains helping them to take their strategic moves regarding their business and providing them the growth opportunities. The Co-founders say, "We believe in providing the future solutions for your business, exploring the current market trends and suggesting you the future strategies and forecast of a particular market that could keep your company ahead in the competitive market rivalry." We hold expertise in our designated areas of research and consulting with a team of experts from each of the dedicated areas covered under our research. Destined by the dedicated team of analysts and experts, we are envisioned to provide you our best in order to plan your next strategic move and take your company's future ahead with our support and your esteemed cooperation.
For information, contact:
VARIANT MARKET RESEARCH LLP
Web: https://www.variantmarketresearch.com/
Address
649 Mission St.,5th Floor, San Francisco,
CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com