Organic Soy Protein Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 16.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Organic Soy Protein Market Analysis
Global Organic Soy Protein Market is anticipated to grow with a CAGR of 16.2%during the forecast period.
- Soyprotein is considered to be the cheapest vegan source of dietary protein and has also been entitled as a ‘complete protein’ due to the presence of the essential amino acids in it.
- The fitness industry is extensively using the soy-based proteinas muscle gaining supplements. Moreover, soy protein extracted from organic sources are considered to be healthier, safer for consumption, and claim to promote bodybuilding without causing any side effects.
- The increasing awareness about soy products and their adoption in the diet are so far the primary drivers for the target market. The application of organic soy protein is prominent and can be seen in breakfast cereals, protein and energy bars, and various processed meats and alternatives for improvement in taste and texture.
Organic Soy Protein Market Trends
This section covers the major market trends shaping the Organic Soy Protein Market according to our research experts:
Organic Soy protein is the New Choice of the Vegans
The trendy concept of veganism is playing a key role in the advancement of the organic soy-based protein market. These proteins are readily becoming a part of the functional foods which help to compensate for the dietary imbalances, amidst a tiring lifestyle.
The protein demand of the vegan population is fulfilled greatly by the introduction of organic soy protein. Furthermore, the organic soy protein products are low in carbohydrate content, non-GMO, gluten-free and come in multiple flavors, giving consumers a handful of options to choose from. The manufacturing companies, therefore, have a wide scope of innovation to expand their product-offering range.
Asia-Pacific is the Region-wise Fastest Growing Market for Organic Soy Protein
According to USSEC, being largely dependent on imported raw feed ingredients, Southeast Asia region needs to increase its purchase of soybean and soybean meals exponentially to meet demand. Southeast Asia’s regional economies are comparatively open and market-driven, and ASEAN countries have good relations with the United States, one of the major organic soy protein-producing country. Owing to the rapid growth in the urban lifestyle, the countries of this region are becoming more health-conscious and leaning towards healthier and nutritional food habits in recent times. The trend has also influenced India China making Asia-Pacific the fastest-growing market for organic soy protein. However, Europe is still dominating the global organic soy protein market followed by North America, in terms of current market size.
Organic Soy Protein Industry Overview
The manufacturing companiesfor organic soy protein continueto innovate their product and try to make it as healthy as possible fortheconsumers. The major players includeArcher Daniels Midland Company, Devansoy Inc., Natural ProductsInc.,Hodgson Mill,Agrawal Oil & BioChem, and Frank Food Products. Their health claims ona non-GMO, gluten-free, low cholesterol and low-fat organic soy protein have received an appreciable response from the consumers.
Organic Soy Protein Market Leaders
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Archer Daniels Midland Company
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Devansoy Inc.
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Natural Products Inc.
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Hodgson Mill
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Agrawal Oil & BioChem
*Disclaimer: Major Players sorted in no particular order
Organic Soy Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Concentrates
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5.1.2 Isolates
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5.1.3 Textured Protein
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5.2 By Application
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5.2.1 Bakery and Confectionery
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5.2.2 Meat Extenders and Substitutes
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5.2.3 Nutritional Supplements
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5.2.4 Beverages
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5.2.5 Other Applications
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 Spain
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5.3.2.2 United Kingdom
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5.3.2.3 Germany
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5.3.2.4 France
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5.3.2.5 Italy
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5.3.2.6 Russia
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5.3.2.7 Rest of Europe
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5.3.3 Asia Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East and Africa
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Archer Daniels Midland Company Inc.
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6.4.2 Devansoy Inc.
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6.4.3 Natural Products Inc.
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6.4.4 Hodgson Mill
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6.4.5 Agrawal Oil & Biochem
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6.4.6 SunOpta, Inc.
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6.4.7 Frank Food Products
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6.4.8 Bunge Alimentos SA
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Organic Soy Protein Industry Segmentation
The organic soy protein market is diversely segmented by product type into concentrates, isolates, and textured protein. Organic soy proteins are differentiated by their use in Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages and other applications. Moreover, the organic soy protein market can be segmented on the basis of geography.
| By Product Type | |
| Concentrates | |
| Isolates | |
| Textured Protein |
| By Application | |
| Bakery and Confectionery | |
| Meat Extenders and Substitutes | |
| Nutritional Supplements | |
| Beverages | |
| Other Applications |
| Geography | |||||||||
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Organic Soy Protein Market Research FAQs
What is the current Organic Soy Protein Market size?
The Organic Soy Protein Market is projected to register a CAGR of 16.20% during the forecast period (2024-2029)
Who are the key players in Organic Soy Protein Market?
Archer Daniels Midland Company, Devansoy Inc., Natural Products Inc., Hodgson Mill and Agrawal Oil & BioChem are the major companies operating in the Organic Soy Protein Market.
Which is the fastest growing region in Organic Soy Protein Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Organic Soy Protein Market?
In 2024, the Europe accounts for the largest market share in Organic Soy Protein Market.
What years does this Organic Soy Protein Market cover?
The report covers the Organic Soy Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Organic Soy Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Organic Soy Protein Industry Report
Statistics for the 2024 Organic Soy Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Organic Soy Protein analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
