Textured Soy Protein Market size was valued at US$ 808.63 Mn in 2022 and the total revenue is expected to grow at 6.5 % through 2023 to 2029, reaching nearly US$ 1256.60 Mn.
Textured Soy Protein Market Overview
The in-depth dynamics of the Textured Soy Protein Market serve as the foundation for the research on that market. Forecasts for market revenue are covered in the research at the national, regional, and segment levels. The market's internal and external determinants are carefully examined. Textured Soy Protein market research covers individual firm valuations as well as competitive rivalry.
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Textured Soy Protein Market Report Scope and Research Methodology
The study provides a thorough examination of the Textured Soy Protein and complementary market by geography, industry, and level of competition. The research helps the companies identify investment pockets and opportunities in the Textured Soy Protein market by covering the current trends in the market and shifting customer preferences towards the sector in the forthcoming years. The focus of the report is sales forecasting.
A competitive study of the complementary and Textured Soy Protein market players is included in the research. To offer a comprehensive perspective, important participants and recent arrivals in the complementary and Textured Soy Protein are included together. Primary Data were gathered from industry professionals. Secondary data was gathered from both paid and free sources, as well as official databases of numerous organisations and government websites, industry journals, white papers, annual reports, and releases from suppliers and product makers in the Textured Soy Protein sector. For the purpose of providing a clear and comprehensible image of the Textured Soy Protein market, all obtained information has been checked, assessed, and listed.
Textured Soy Protein Market Regional Insights
The Regional Analysis in the report helps to understand the Textured Soy Protein market in various countries. The report includes nation wise market share along with the list of Individual leading nations. By Region the market is segmented into.
- North America
- Europe,
- Asia Pacific
- Latin America,
- Middle East, and Africa.
Textured Soy Protein Market Segmentation
by Application
Food
Feed
by Source
Soy protein concentrates
Soy protein isolates
Soy flour
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Textured Soy Protein Market Key Players
1. Archer Daniels Midland Company
2. Cargill, Inc.
3.Wilmar BioEthanol
4. Victoria Group
5. Bremil Group
6. Sonic Biochem
7. CROWN SOYA PROTEIN GROUP
8. HOYA FOOD
9. SHANDONG YUXIN BIO-TECH CO., LTD.
10. Bunge
11. DuPont Nutrition & Health
12. Good Scents Company
13. Abbott Nutritionals
14. Kerry Group Plc.
15. Friesland Campina.
16. Hung Yang Foods
17. Linyi Shansong Biological
Key questions answered in the Textured Soy Protein Market are:
- What is Textured Soy Protein?
- What are the factors driving the Textured Soy Protein Market growth?
- What are the factors are limiting the Textured Soy Protein Market growth?
- What was the Textured Soy Protein market size in 2021?
- Which trends are expected to generate additional revenue for the Textured Soy Protein market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Textured Soy Protein Market?
- What growth strategies are the players considering to increase their foothold in the Textured Soy Protein Market?
- Who held the largest market share in the Textured Soy Protein Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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Textured Soy Protein Market Global Information by Type (Conventional and Organic), Form (Soy Protein Concentrates, Soy Protein Isolates and others), Application (Meat Substitutes, Dairy Alternatives and others) and Region – Forecast Till 2023
Textured Soy Protein (TSP), is a vegetable protein processed from soy beans and is available in a fibrous form.
TSP is gaining huge demand since it functions as a meat analogue in a variety of food items.
Textured soy protein market is growing substantially, owing to the high consumption of meat alternatives and plant sources protein with essential amino acids and numerous nutrients.
The soy beans are heated so that the heat denatures the soy beans into a fibrous, insoluble, porous network that can soak up as much as three times its weight in liquids.
Soy is grown organically and conventionally, where organic soy plays an upper hand with beneficial nutritional properties due to its higher protein content and lower saturated fat levels as compared to conventional soy.
According to the current analysis of Reports and Data, the global Textured Soy Protein Market was valued at USD 2,235.5 Million in 2020 and is expected to reach USD 4,303.5 Million by 2028, at a CAGR of 8.40%.
Soy protein is a defatted soy flour product, commonly known as soy meat, soya chunks or texturized vegetable protein, is a by-product in the process of extracting oil from soybean.The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region.
The report also covers a comprehensive country-wise analysis to impart better understanding of the scope and growth of the market.Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2071Key Players:Key participants include DowDuPont, Victoria Group, Archer Daniels Midland, Wilmar International, Bremil Group, Shandong Yuxin Bio-Tech, Sonic Biochem, Linyi Shansong Biological Products, Crown Soya Protein Group, and Hung Yang FoodsFurther key findings from the report suggest:Textured Soy Protein market is growing at a CAGR of 5 % in Asia Pacific followed by North America and Europe, with 9.3 % and 9.1 % CAGR, respectively.
Rising health consciousness is the key factor to accelerate the market growth during forecast period across all regionsAs of 2018, Non-GMO product type segment is the dominating the industry which holds 40.2% of the global industry.
North America regional market is the chief revenue generating source for this product segment, followed by Europe and Asia-Pacific regionsConventional source type segment was valued at USD 603 million in 2018 and is expected reach USD 1.2 billion by 2026, growing at a CAGR of 9.2 %.Organic type segment is expected to be the second fastest growing market segment during forecast period 2019 - 2026 with a CAGR of 9.7 %.
However, unpleasant flavors and lack of awareness are major challenge for the industry growth of this segmentRequest customization of the report @ https://www.reportsanddata.com/request-customization-form/2071Market Segmentation:Type (Revenue, USD Million; 2018–2028)Non-GMOConventionalOrganicOthersForm Type (Revenue, USD Million; 2018–2028)ConcentratesIsolatesSoy flourApplication Type (Revenue, USD Million; 2018–2028)FoodMeat SubstitutesDairy AlternativesInfant NutritionBakeryFeedRegional Outlook (Revenue in USD Million; 2018–2028)North AmericaU.S.CanadaEuropeGermanyFranceUKSpainItalyRest of the EuropeAsia PacificChinaIndiaJapanRest of Asia-PacificMiddle East & AfricaLatin AmericaBrazilBrowse full report here @ https://www.reportsanddata.com/report-detail/textured-soy-protein-marketKey Points Covered in the Report:Comprehensive analysis of latest and emerging trends influencing the growth of the marketSWOT analysis of each major market player along with in-depth analysis of major market players with detailed portfolio of their products, production capacity, revenue estimation, and gross marginMarket concentration, production and consumption ratio, demand & supply analysis, and import/exportStrategic recommendations to the new entrants as well as established companies to make beneficial business decisionsThank you for reading this article.
TSP is gaining huge demand since it functions as a meat analogue in a variety of food items.
It is also a low-calorie and low-fat source of vegetable protein.
Textured soy protein market is growing substantially, owing to the high consumption of meat alternatives and plant sources protein with essential amino acids and numerous nutrients.
Soy beans in the extruder can pass through a nozzle at a temperature of 150-200 °C, while still hot and gradually expanding with time.
The soy beans are heated so that the heat denatures the soy beans into a fibrous, insoluble, porous network that can soak up as much as three times its weight in liquids.Textured soy protein products are used to extend or replace meat products in food industry to manufacture meat substitutes, extenders, and analogues.
Soy is grown organically and conventionally, where organic soy plays an upper hand with beneficial nutritional properties due to its higher protein content and lower saturated fat levels as compared to conventional soy.Access Report Details@ https://www.marketresearchfuture.com/reports/textured-soy-protein-market-6372Regional AnalysisNorth America currently leads the world in soybean production and most of the soybean produce is crushed to extract oil.
