Global Soy Protein Concentrate Market is valued approximately USD 3.48 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.8 % over the forecast period 2020-2027. Soy Protein Concentrate is a type of protein which is made from soybean meal that has been dehulled and defatted. Consuming this product helps in keeping the body healthy due to the presence of large amount of proteins that are beneficial for all age groups. The major driver for Soy Protein Concentrate Market is that the population has been shifting towards being vegan. Vegan population needs to take ample amount of protein that they find in soy products, which is an alternative to meat products. For instance, according to the data of 2020, there has been a 600% increase in people turning vegan in the U.S in the last three years. The other driver that is expected to boost the market growth is that soy protein concentrates are affordable to all the categories of population. At low cost they can provide a good amount of proteins needed by the human body. However, rise in the ban on soy products of Gm origin and unpleasant flavor of soy products may impede the growth of the market over the forecast period of 2020-2027. Also, with the rising research & development to make soy products with better flavors and developing end-use industries, the adoption & demand for soy protein concentrate is likely to increase.

The regional analysis of global Soy Protein Concentrate market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the innovation by the manufacturers and the growing obesity in the population, they have become more aware in changing their lifestyle and diet pattern. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising disposable income, availability of raw material and people preferring balanced diet to remain healthy & fit would create lucrative growth prospects for the Soy Protein Concentrate market across Asia-Pacific region.

Major market player included in this report are:
Archer-Daniels-Midland CompanySojaprotein
Goldensea Foodstuff Industry
Gushen Biological Technology Group
Tiancheng Agricultural Development Group
Yuwang Group
Shandong Yuxin Bio-Tech

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Soy Isolates
Soy Concentrates
Textured Soy Protein
By Application:
Bakery & Confectionery
Meat Extenders & Substitutes
Nutritional Supplements
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Soy Protein Concentrate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers