The Textured Soy Protein market estimated at USD 2.34 Billion in the year 2022, is projected to reach a revised size of USD 4.39 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2023-2030.
Textured soy protein is a meat alternative product that's prepared from soybeans, although it's also possible to produce a similar meat alternative product from other foods. It's a highly processed food item that's produced by separating (isolating) the soy protein from other components found in whole soybeans. Defatted soy protein is flattened into granules or chunks, and usually dried and rehydrated before cooking. Additionally, textured soy protein is made from soy flour that has had the fat removed from it. The flour is cooked under pressure and then dried and this process is called "extrusion cooking." It is a thermo-mechanical process, which combines high pressure, high shear, and high heat to form a product that can be molded into various forms for different uses. There are several variations to the process and this can affect the resulting product's texture, taste, and nutritional make-up.
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The Top Key Players include Textured Soy Protein Market:
Archer Daniels Midland Company (US),Cargill Inc. (the US),Bremil Group (Brazil),Shandong Yuxin Bio-Tech (China),DowDuPont Inc(US),Sonic Biochem Extraction Pvt.Ltd (India),Victoria Group A. D. (Serbia),DPS/Dutch Protein & Services B.V. (Netherlands),Linyi Shansong Biological Products Co.Ltd. (China),Wilmar International Ltd (Singapore),Crown Soya Protein Group (China),Sonic Biochem (India),Hung Yang Foods Co.Ltd. (Netherlands) and other major players.
To ensure accuracy and reliability, our research leverages numerous primary and secondary sources. We employ industry-standard tools such as Porter's Five Forces Analysis, Swot Analysis, And Price Trend Analysis. Our extensive geographical coverage allows for a comprehensive understanding of regional trends and externally affecting factors.Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market role, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin, while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Textured Soy Protein Market Market.
Segmentation of Textured Soy Protein Market:
By Type
- Non-GMO
- Conventional
- Organic
- Others
By Source
- Soy Protein Isolates
- Soy Protein Concentrates
- Soy Flour
By Application
- Food Products
- Bakery Products
- Cereals & Snacks
- Dairy Alternatives
- Others
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In the Asia Pacific region, the market is driving by the countries such as China and India. Demand for textured soy protein in China is extremely high compared to other economies in the region. Protein processing firms in China are fast expanding as more and more players enter the market planning to hold a market share. Significantly growing demand for textured vegetable protein products among health-conscious consumers in the country is one of the key drivers for the China textured soy protein market. As record-high prices for the oilseed and raised utilization of soy products may convince some to abandon competing crops.
Region and country level analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Report centrally focuses on in-depth company profiles and competitive analysis, offering valuable insights into market players' overview, market role, operating business segments, and financial performance. By evaluating crucial metrics like production volume, sales volume, and sales margin, we provide a comprehensive understanding of their market standing. In addition, report highlights recent market developments, keeping you informed about emerging opportunities and competitive dynamics.
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Table of Content
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Textured Soy Protein Market by Type
Chapter 6: Textured Soy Protein Market by Source
Chapter 7: Textured Soy Protein Market by Application
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: Europe Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 12: Asia-Pacific Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 13: Middle East & Africa Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 14: South America Textured Soy Protein Market Analysis, Insights and Forecast, 2016-2028
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
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