Soy Protein Concentrate Market
Soy Protein Concentrate - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Soy Protein Concentrate market is accounted for $2.20 billion in 2019 and is expected to reach $3.72 billion by 2027 growing at a CAGR of 6.8% during the forecast period. Some of the key factors propelling the market growth include increasing technological advancement in food industries, rise in consumer health consciousness, demand for low cost and natural sources in food manufacturing and increasing animal feed industries. However, anti-nutritional components of soy protein are restraining the market growth.
Soy protein concentrate (SPC) is about 70% soy protein and is basically defatted soy flour without the water-soluble carbohydrates. It is made by removing part of the carbohydrates (soluble sugars) from dehulled and defatted soybeans. SPC has improved flavor characteristics compared to soy flour, and is used for a wide variety of applications in the food industry, especially with meat processing. SPC is also used as a source for high quality protein in milk, fish and meat analogs, and animal feeds.
By application, animal feed segment is expected to witness a significant growth over forecast timeframe owing to increasing animal feed industries and health consciousness among consumers. These products are widely used in various animal feeds to improve nutritional values. In aquaculture industries, soy protein concentrate is increasingly used as an alternative to fishmeal. Many fish feed manufacturers are now utilizing SPC on account of its inherent productive advantages, thereby driving the soy protein concentrate market size.
On the basis of geography, North America, led by Canada and the U.S. soy protein concentrate market demand may witness a significant growth due to increasing consumer preference towards healthy foods and rise in high living standard. Increase in animal feed industry on account of extensive meat products demand from cattle, poultry, and swine. Strong economic foothold along with consumer hectic schedule should propel industry growth.
Some of the key players in soy protein concentrate market include DuPont, Archer Daniels Midland, Cargill Inc., Wirmal International, Akola Chemicals, Shandong Wonderful Industrial Group, Goldensea Industry, Shandong Yuxin Bio-Tech, Batory Foods, Nordic Soy Oy, Nutra Food Ingredients LLC, Food Chem International Corporation, Gremount International Company Limited, Euroduna Food Ingredients, CHS Inc., Gushen Biological Technology Group, Yuwang Group, Tiancheng Agricultural Development Group, and MECAGROUP.
Functions Covered:
• Texturants
• Nutrients
• Fat & Water Absorption
• Emulsifiers
Forms Covered:
• Liquid
• Dry
Grades Covered:
• Feed
• Food
Applications Covered:
• Bakery & Confectionary
• Animal Feed
• Meat Processing
• Functional Food
• Dairy Products
Product Types Covered:
• Heat Denaturation Process
• Aqueous Alcohol Washing Process
• Acid Washing Process
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Product Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Soy Protein Concentrate Market, By Function
5.1 Introduction
5.2 Texturants
5.3 Nutrients
5.4 Fat & Water Absorption
5.5 Emulsifiers
6 Global Soy Protein Concentrate Market, By Form
6.1 Introduction
6.2 Liquid
6.3 Dry
7 Global Soy Protein Concentrate Market, By Grade
7.1 Introduction
7.2 Feed
7.3 Food
8 Global Soy Protein Concentrate Market, By Application
8.1 Introduction
8.2 Bakery & Confectionary
8.3 Animal Feed
8.4 Meat Processing
8.5 Functional Food
8.6 Dairy Products
9 Global Soy Protein Concentrate Market, By Product Type
9.1 Introduction
9.2 Heat Denaturation Process
9.3 Aqueous Alcohol Washing Process
9.4 Acid Washing Process
10 Global Soy Protein Concentrate Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 DuPont
12.2 Archer Daniels Midland
12.3 Cargill Inc.
12.4 Wirmal International
12.5 Akola Chemicals
12.6 Shandong Wonderful Industrial Group
12.7 Goldensea Industry
12.8 Shandong Yuxin Bio-Tech
12.9 Batory Foods
12.10 Nordic Soy Oy
12.11 Nutra Food Ingredients LLC
12.12 Food Chem International Corporation
12.13 Gremount International Company Limited
12.14 Euroduna Food Ingredients
12.15 CHS Inc.
12.16 Gushen Biological Technology Group
12.17 Yuwang Group
12.18 Tiancheng Agricultural Development Group
12.19 MECAGROUP
List of Tables
1 Global Soy Protein Concentrate Market Outlook, By Region (2018-2027) ($MN)
2 Global Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
3 Global Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
4 Global Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
5 Global Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
6 Global Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
7 Global Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
8 Global Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
9 Global Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
10 Global Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
11 Global Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
12 Global Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
13 Global Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
14 Global Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
15 Global Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
16 Global Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
17 Global Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
18 Global Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
19 Global Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
20 Global Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
21 Global Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
22 Global Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
23 North America Soy Protein Concentrate Market Outlook, By Country (2018-2027) ($MN)
24 North America Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
25 North America Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
26 North America Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
27 North America Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
28 North America Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
29 North America Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
30 North America Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
31 North America Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
32 North America Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
33 North America Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
34 North America Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
35 North America Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
36 North America Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
37 North America Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
38 North America Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
39 North America Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
40 North America Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
41 North America Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
42 North America Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
43 North America Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
44 North America Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
45 Europe Soy Protein Concentrate Market Outlook, By Country (2018-2027) ($MN)
46 Europe Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
47 Europe Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
48 Europe Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
49 Europe Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
50 Europe Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
51 Europe Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
52 Europe Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
53 Europe Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
54 Europe Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
55 Europe Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
56 Europe Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
57 Europe Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
58 Europe Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
59 Europe Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
60 Europe Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
61 Europe Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
62 Europe Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
63 Europe Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
64 Europe Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
65 Europe Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
66 Europe Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
67 Asia Pacific Soy Protein Concentrate Market Outlook, By Country (2018-2027) ($MN)
68 Asia Pacific Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
69 Asia Pacific Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
70 Asia Pacific Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
71 Asia Pacific Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
72 Asia Pacific Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
73 Asia Pacific Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
74 Asia Pacific Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
75 Asia Pacific Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
76 Asia Pacific Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
77 Asia Pacific Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
78 Asia Pacific Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
79 Asia Pacific Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
80 Asia Pacific Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
81 Asia Pacific Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
82 Asia Pacific Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
83 Asia Pacific Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
84 Asia Pacific Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
85 Asia Pacific Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
86 Asia Pacific Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
87 Asia Pacific Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
88 Asia Pacific Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
89 South America Soy Protein Concentrate Market Outlook, By Country (2018-2027) ($MN)
90 South America Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
91 South America Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
92 South America Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
93 South America Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
94 South America Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
95 South America Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
96 South America Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
97 South America Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
98 South America Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
99 South America Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
100 South America Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
101 South America Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
102 South America Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
103 South America Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
104 South America Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
105 South America Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
106 South America Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
107 South America Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
108 South America Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
109 South America Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
110 South America Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
111 Middle East & Africa Soy Protein Concentrate Market Outlook, By Country (2018-2027) ($MN)
112 Middle East & Africa Soy Protein Concentrate Market Outlook, By Function (2018-2027) ($MN)
113 Middle East & Africa Soy Protein Concentrate Market Outlook, By Texturants (2018-2027) ($MN)
114 Middle East & Africa Soy Protein Concentrate Market Outlook, By Nutrients (2018-2027) ($MN)
115 Middle East & Africa Soy Protein Concentrate Market Outlook, By Fat & Water Absorption (2018-2027) ($MN)
116 Middle East & Africa Soy Protein Concentrate Market Outlook, By Emulsifiers (2018-2027) ($MN)
117 Middle East & Africa Soy Protein Concentrate Market Outlook, By Form (2018-2027) ($MN)
118 Middle East & Africa Soy Protein Concentrate Market Outlook, By Liquid (2018-2027) ($MN)
119 Middle East & Africa Soy Protein Concentrate Market Outlook, By Dry (2018-2027) ($MN)
120 Middle East & Africa Soy Protein Concentrate Market Outlook, By Grade (2018-2027) ($MN)
121 Middle East & Africa Soy Protein Concentrate Market Outlook, By Feed (2018-2027) ($MN)
122 Middle East & Africa Soy Protein Concentrate Market Outlook, By Food (2018-2027) ($MN)
123 Middle East & Africa Soy Protein Concentrate Market Outlook, By Application (2018-2027) ($MN)
124 Middle East & Africa Soy Protein Concentrate Market Outlook, By Bakery & Confectionary (2018-2027) ($MN)
125 Middle East & Africa Soy Protein Concentrate Market Outlook, By Animal Feed (2018-2027) ($MN)
126 Middle East & Africa Soy Protein Concentrate Market Outlook, By Meat Processing (2018-2027) ($MN)
127 Middle East & Africa Soy Protein Concentrate Market Outlook, By Functional Food (2018-2027) ($MN)
128 Middle East & Africa Soy Protein Concentrate Market Outlook, By Dairy Products (2018-2027) ($MN)
129 Middle East & Africa Soy Protein Concentrate Market Outlook, By Product Type (2018-2027) ($MN)
130 Middle East & Africa Soy Protein Concentrate Market Outlook, By Heat Denaturation Process (2018-2027) ($MN)
131 Middle East & Africa Soy Protein Concentrate Market Outlook, By Aqueous Alcohol Washing Process (2018-2027) ($MN)
132 Middle East & Africa Soy Protein Concentrate Market Outlook, By Acid Washing Process (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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