Okara Market Grow with a CAGR of 3.02% through 2030F
The global Okara market is driven by the rising demand for plant-based protein,
increasing soy product consumption, and growing awareness of sustainable food
sources.
According to
TechSci Research report, “Okara Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030F”, the global Okara market stood at USD 2,682.66 million in 2024 and is expected
to grow USD 3,189.61 million by 2030 with a CAGR of
3.02% during the forecast period. The global Okara market is experiencing
significant growth primarily driven by increasing consumer awareness of the
nutritional and functional benefits associated with okara-based products. As
health and sustainability become key priorities for consumers, okara, once
viewed as a low-value byproduct of soy milk and tofu production, is now being
repositioned as a high-potential ingredient in the food and beverage industry.
Rich in dietary fiber, plant protein, and essential micronutrients, okara
aligns well with the rising demand for plant-based, clean-label, and
high-nutrition food products. Also, as consumers become more conscious of
environmental impact and food waste, upcycled ingredients like okara are well-known
across multiple categories, including bakery, beverages, meat alternatives, and
pet food.
The global Okara
market is driven by the increasing government investment in circular economic
initiatives and food waste reduction solutions. Governments, food
manufacturers, and sustainability-focused startups are actively seeking ways to
reduce waste and maximize resource efficiency. As a byproduct of soy milk and
tofu production, okara has traditionally been underutilized or discarded.
However, with growing pressure to minimize food waste, okara is now being
upcycled into high-value food and beverage products. These investments are
enabling technological innovations in okara processing and product development,
making it more feasible for companies to incorporate okara into clean-label,
plant-based, and functional food categories. As a result, okara is emerging as
a strategic ingredient in the transition toward more sustainable food systems.
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"Global Okara Market”
The global Okara
market is segmented into product type, end user and region.
Based on the product
type, the meat substitutes segment is the fastest growing in the global Okara
market, driven by the rising demand for plant-based protein alternatives. With
increasing health concerns, ethical considerations, and environmental
awareness, consumers are shifting away from traditional meat products. Okara,
being rich in plant-based protein, fiber, and essential nutrients, serves as an
ideal ingredient for developing meat alternatives such as burgers, sausages,
and nuggets. Its texture and binding properties also make it suitable for
mimicking meat-like consistency. Also,
food manufacturers are using okara as a sustainable, cost-effective ingredient
that aligns with clean-label and zero-waste trends. This growing focus on
health, sustainability, and innovation is significantly boosting the adoption
of okara in meat substitute formulations across global markets.
Based on the
region, Europe is the fastest-growing region in the global Okara market, driven
by the increasing adoption of plant-based diets across
countries like Germany, the United Kingdom, and France is fueling demand for
sustainable, high-protein alternatives such as okara. Okara’s alignment with
clean-label and zero-waste trends makes it a valuable ingredient for
health-conscious and environmentally aware consumers. European food
manufacturers are incorporating okara into a variety of products, including
bakery items, meat substitutes, and dairy alternatives, to cater to evolving
consumer preferences.
Major companies
operating in the global Okara market are:
- Fuji
Oil Holdings Inc.
- Otoufu Factory Ishikawa Co., Ltd.
- Sunopta Inc.
- Satonoyuki Foods Co., Ltd.
- Dao Foods International, Inc. (Shanghai
Protain)
- Kikkoman Corporation
- Renewal Mill
- Aloha Tofu Factory
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“The global Okara
market is expected to growth in the upcoming years owing to the rising demand for
upcycled ingredients in various food product. As sustainability becomes a top
priority in the food and beverage industry, manufacturers are actively seeking
ways to reduce waste and maximize resource efficiency. Okara, a nutrient-rich
byproduct of soy milk and tofu production, is gaining attention as a valuable
upcycled ingredient. Its high fiber and protein content makes it suitable for
use in bakery products, meat alternatives, snacks, and beverages. Consumers are
increasingly drawn to brands that support zero-waste initiatives and
environmental responsibility. This growing awareness, along with supportive
industry trends and innovations in upcycling technologies, is fueling the
adoption of okara in diverse product formulations worldwide,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
Okara Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Bakery,
Noodles, Snacks, Meat Substitutes, Others), By End User (Household, Food &
Beverage Industry), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global
Okara market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Okara market.
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