Global Textured Soy Protein Market Size, Trends, Report 2028

Report Description

The global textured soy protein market is anticipated to grow at a significant rate during the forecast period owing to low processing costs associated with textured soy proteins. The increasing number of vegan and vegetarian population is also acting as a driver for the growth of the textured soy protein market. Moreover, the increasing cultivation of soy crops around the world has increased the availability of soy products like textured soy protein. This increased availability of textured soy protein is expected to drive the market growth in the coming years.

The rising awareness towards health & fitness has led to increased consumption of high protein-based food among consumers which is further supporting the demand for textured soy protein. They are also used as flavour binder in various cuisine and helps maintain moisture level in food. The growing awareness regarding the availability of low-cost protein substitutes like textured soy protein is poised to fuel the market growth by 2028.

Global textured soy protein market can be segmented based on type, source, application and region. Based on type, the market is segmented into non-GMO, organic, conventional and others. The non-GMO textured soy protein dominated the global market in 2022 and the segment is expected to undergo the fastest growth owing to the growing awareness about the harmful effects of Genetically Modified (GM) crops on health. Also, various countries including India and China have imposed restrictions on genetically modified crops which is acting as a growth opportunity for non-GMO textured soy protein market.

Regionally, North America is the largest consumer of textured soy protein owing to the growing vegan population and rising health awareness in the region. However, Asia Pacific is projected to be the fastest-growing market during the forecast period owing to the increasing cultivation of soy crop in the region and rising health awareness among people.

Major companies operating in the global textured soy protein market include Archer Daniels Midland Company, Cargill, Incorporated., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO., LTD., Bunge, among others. Companies are taking up growth strategies like new product launches and mergers & acquisitions to acquire a greater market share.

Objective of the Study:

To analyse and forecast the market size of global textured soy protein market.
To forecast global Textured Soy Protein market based on type, source, application, company and regional distribution.
To identify drivers and challenges for global textured soy protein market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global textured soy protein market.
To identify and analyse the profile of leading players operating in the global textured soy protein market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of textured soy protein companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.

TechSci Research calculated global textured soy protein market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Textured soy protein manufacturing companies/partners
Suppliers/Distributers
End-Users
Government bodies such as regulating authorities and policy makers
Organizations, industry associations, forums and alliances related to textured soy protein market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Textured Soy Protein manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Type · Source · Application
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt
Key Companies Profiled	Archer Daniels Midland Company, Cargill, Incorporated., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO., LTD., Bunge
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global textured soy protein market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Textured Soy Protein Market, By Type:

Non-GMO
Organic
Conventional
Others

Global Textured Soy Protein Market, By Source:

Soy Protein Concentrates
Soy Flour
Soy Protein Isolates

Global Textured Soy Protein Market, By Application:

Food

Meat Substitutes
Dairy Alternatives
Infant Nutrition
Bakery

Feed

Global Textured Soy Protein Market, By Region:

Asia-Pacific

China
Japan
India
South Korea
Australia

Europe

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East & Africa

UAE
South Africa
Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global textured soy protein market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Textured Soy Protein Market

4. Executive Summary

5. Voice of Customer

6. Global Textured Soy Protein Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Non-GMO, Organic, Conventional and Others)

6.2.2. By Source (Soy Protein Concentrates, Soy Flour and Soy Protein Isolates)

6.2.3. By Application (Food (Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery) and Feed)

6.2.4. By Company (2022)

6.2.5. By Region

6.3. Product Market Map

7. Asia-Pacific Textured Soy Protein Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Source

7.2.3. By Application

7.2.4. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Textured Soy Protein Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Application

7.3.2. India Textured Soy Protein Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Application

7.3.3. Japan Textured Soy Protein Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Application

7.3.4. South Korea Textured Soy Protein Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Application

7.3.5. Australia Textured Soy Protein Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Application

8. Europe Textured Soy Protein Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Source

8.2.3. By Application

8.2.4. By Country

8.3. Europe: Country Analysis

8.3.1. France Textured Soy Protein Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Application

8.3.2. Germany Textured Soy Protein Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Application

8.3.3. United Kingdom Textured Soy Protein Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Application

8.3.4. Italy Textured Soy Protein Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Application

8.3.5. Spain Textured Soy Protein Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type

8.3.5.2.2. By Application

9. North America Textured Soy Protein Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Source

9.2.3. By Application

9.2.4. By Country

9.3. North America: Country Analysis

9.3.1. United States Textured Soy Protein Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Application

9.3.2. Mexico Textured Soy Protein Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Application

9.3.3. Canada Textured Soy Protein Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Application

10. South America Textured Soy Protein Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Source

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Textured Soy Protein Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Application

10.3.2. Argentina Textured Soy Protein Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Application

10.3.3. Colombia Textured Soy Protein Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Application

11. Middle East and Africa Textured Soy Protein Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Source

11.2.3. By Application

11.2.4. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Textured Soy Protein Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Type

11.3.1.2.2. By Application

11.3.2. Saudi Arabia Textured Soy Protein Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Type

11.3.2.2.2. By Application

11.3.3. UAE Textured Soy Protein Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Type

11.3.3.2.2. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Pricing Analysis

15. Competitive Landscape

15.1. Competition Outlook

15.2. Players Profiled (Leading Companies)

15.2.1. Archer Daniels Midland Company

15.2.2. Cargill, Incorporated.

15.2.3. Wilmar BioEthanol.

15.2.4. Victoria Group

15.2.5. Bremil Group

15.2.6. Sonic Biochem

15.2.7. CROWN SOYA PROTEIN GROUP

15.2.8. HOYA FOOD

15.2.9. SHANDONG YUXIN BIO-TECH CO., LTD.

15.2.10. Bunge

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the primary drivers of the global textured soy protein market?

The increasing prevalence of diabetes around the globe and the rising awareness about the benefits of adopting preventive healthcare habits are driving the demand of the global textured soy protein market.

Who are the leading operating market players in the global textured soy protein market?

Archer Daniels Midland Company, Cargill, Incorporated., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO., LTD., Bunge are the major market players operating in the global textured soy protein market.

Which region is expected to lead the global textured soy protein market?

Based on regional market segmentation, the market is divided among the North American region, European region, Asia-Pacific region, South American region, and the Middle East & African region. The North American region is expected to hold the largest market share in the forecast period due to growing health awareness and the increasing vegan population.

What type is expected to dominate the global textured soy protein market in the forecast period?

Based on type, the market is divided into non-GMO, organic, conventional, and others. The non-GMO is expected to account for a significant market share in the forecast period due to the increased adoption of a healthy lifestyle and eating habits and the imposition of strict guidelines on food safety around the globe.

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