How big is the Global Textured Soy Protein Market?

The Global Textured Soy Protein Market size is expected to reach USD 1.25 billion in 2024 and grow at a CAGR of 6.77% to reach USD 1.73 billion by 2029. Read More

What is the current Global Textured Soy Protein Market size?

In 2024, the Global Textured Soy Protein Market size is expected to reach USD 1.25 billion. Read More

Who are the key players in Global Textured Soy Protein Market?

Cargill, Incorporated, Bunge Global SA, International Flavors & Fragrances Inc., Victoria Group and Archer Daniels Midland Company are the major companies operating in the Global Textured Soy Protein Market. Read More

Which is the fastest growing region in Global Textured Soy Protein Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Textured Soy Protein Market?

In 2024, the North America accounts for the largest market share in Global Textured Soy Protein Market. Read More

What years does this Global Textured Soy Protein Market cover, and what was the market size in 2023?

In 2023, the Global Textured Soy Protein Market size was estimated at USD 1.17 billion. The report covers the Global Textured Soy Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Textured Soy Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Textured Soy Protein Market Share

Statistics for the 2023 & 2024 Global Textured Soy Protein market share, created by Mordor Intelligence™ Industry Reports. Global Textured Soy Protein share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global Textured Soy Protein Industry

The textured soy protein market is competitive. Players like Archer Daniels Midland Company, Cargill, Incorporated, Bunge Global SA, International Flavors & Fragrances Inc., and Victoria Group dominate the market. Leading companies are expanding their production capacities to meet the increasing demand for high-quality textured soy protein. They focus on quality control, product standards, and supply chain management to increase their market revenue.

For instance, in 2022, ADM announced plans to invest around USD 300 million to expand soy protein production at its facility in Decatur, Illinois. The project marks the latest move by the business to expand its alternative protein production capacity. The expansion at Decatur is expected to be completed in the first quarter of 2025.