The organic soy protein market share is expected to increase by USD 391 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 16.12%.
This organic soy protein market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers organic soy protein market segmentation by type (concentrates, isolates, and flour) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The organic soy protein market report also offers information on several market vendors, including Agrawal Oil and BioCheam, Archer Daniels Midland Co., Cargill Inc., CHS Inc., Devansoy Inc., DuPont de Nemours Inc., Farbest-Tallman Foods Corp., Foodchem International Corp., Guanxian Xinrui Industrial Co. Ltd., Kellogg Co., Natural Products Inc., NOW Health Group Inc., ORGANIC PROTEIN, Puris, Shandong Yuxin Biotechnology Co. Ltd., Sotexpro, SunOpta Inc., Taj Pharmaceutical Ltd., The Scoular Co., and Wilmar International Ltd. among others.
What will the Organic Soy Protein Market Size be During the Forecast Period?
Download Report Sample to Unlock the Organic Soy Protein Market Size for the Forecast Period and Other Important Statistics
Organic Soy Protein Market: Key Drivers, Trends, and Challenges
The growing vegan population is notably driving the organic soy protein market growth, although factors such as the presence of other substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the organic soy protein industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Organic Soy Protein Market Driver
One of the key factors driving growth in the organic soy protein market is the growing vegan population. With the rising awareness about the various health benefits of vegan diets, the number of people adopting vegan lifestyles is increasing across the globe. It is estimated that the number of consumers who are opting for plant-based diets over animal-based ones is increasing, and the trend is more common among millennials. Consumers who are vegans are becoming more prevalent in nations like the US and Canada. These nations are seeing an increase in the proportion of millennials living vegan lifestyles. The youthful population in Mexico is adopting a vegan lifestyle at an increasing rate, and this trend is anticipated to continue during the forecast period. People are increasingly embracing a vegan lifestyle in nations like the UK, Germany, and France. The emergence of organic soy protein significantly meets the protein needs of the vegan community. Thus, the growing global vegan population will help in the growth of the global organic soy protein market.
Key Organic Soy Protein Market Trend
The high nutritional value of soybeans is an organic soy protein market trend that is expected to have a positive impact in the coming years. Soy is a complete protein that contains all nine essential amino acids, such as histidine, isoleucine, leucine, lysine, methionine, phenylalanine, threonine, tryptophan, and valine. Soybeans have a wide range of nutritional benefits since they are nutritious and high in protein. Soybeans are abundant in vitamin C and folate and low in saturated fat. They are also a good source of thiamin, potassium, phosphorus, calcium, iron, magnesium, carbohydrates, and a good source of polyunsaturated fat. They are a plentiful source of numerous vitamins, minerals, and healthy plant substances, including isoflavones. Owing to these resources, consuming soybeans daily may lessen menopausal symptoms and lower your risk of developing prostate and breast cancer. Such factors contribute to the growth of the global organic soy protein market.
Key Organic Soy Protein Market Challenge
The presence of other substitutes will be a major challenge for the organic soy protein market during the forecast period. Plant-based proteins are quickly gaining popularity around the world, and where soy cannot be utilized, producers are switching to other plant-based proteins, such as pea, wheat, rice, pulse, canola, flax, and chia protein. For instance, pea, wheat, and rice proteins are widely substituted for soy protein, particularly as a result of consumers’ unfavorable perceptions of soy products. As a result, the food and beverage industry uses less soy protein. The high cost of soy also paves the way for other plant-based proteins on the market, which offer nearly similar benefits at a very low price. Thus, other less expensive plant-based substitutes pose a threat to the growth of the global organic soy protein market.
This organic soy protein market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global organic soy protein market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the organic soy protein market during the forecast period.
Who are the Major Organic Soy Protein Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Agrawal Oil and BioCheam
- Archer Daniels Midland Co.
- Cargill Inc.
- CHS Inc.
- Devansoy Inc.
- DuPont de Nemours Inc.
- Farbest-Tallman Foods Corp.
- Foodchem International Corp.
- Guanxian Xinrui Industrial Co. Ltd.
- Kellogg Co.
- Natural Products Inc.
- NOW Health Group Inc.
- ORGANIC PROTEIN
- Puris
- Shandong Yuxin Biotechnology Co. Ltd.
- Sotexpro
- SunOpta Inc.
- Taj Pharmaceutical Ltd.
- The Scoular Co.
- Wilmar International Ltd.
This statistical study of the organic soy protein market encompasses successful business strategies deployed by the key vendors. The organic soy protein market is fragmented and the vendors are deploying growth strategies such as diversifying their product offerings and developing their global footprint to compete in the market.
Product Insights and News
- agrawalbiocheam.com - The company offers organic soy lecithin which is obtained by hydration of the phospholipids in water.
- adm.com - The company offers soy protein isolates, concentrates, protein ingredients, and others.
- cargill.com - The company offers Prosante textured soy flour which provides manufacturing with the most sustainable vegetable protein and is also available in a variety of shapes and sizes.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The organic soy protein market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Organic Soy Protein Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the organic soy protein market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Organic Soy Protein Market?
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Concentrates - Market size and forecast 2021-2026
- Exhibit 28: Chart on Concentrates - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Concentrates - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Concentrates - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Concentrates - Year-over-year growth 2021-2026 (%)
- 5.4 Isolates - Market size and forecast 2021-2026
- Exhibit 32: Chart on Isolates - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Isolates - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Isolates - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Isolates - Year-over-year growth 2021-2026 (%)
- 5.5 Flour - Market size and forecast 2021-2026
- Exhibit 36: Chart on Flour - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Flour - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Flour - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Flour - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 France - Market size and forecast 2021-2026
- Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 Italy - Market size and forecast 2021-2026
- Exhibit 78: Chart on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Italy - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Italy - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Agrawal Oil and BioCheam
- Exhibit 93: Agrawal Oil and BioCheam - Overview
- Exhibit 94: Agrawal Oil and BioCheam - Product / Service
- Exhibit 95: Agrawal Oil and BioCheam - Key offerings
- 10.4 Archer Daniels Midland Co.
- Exhibit 96: Archer Daniels Midland Co. - Overview
- Exhibit 97: Archer Daniels Midland Co. - Business segments
- Exhibit 98: Archer Daniels Midland Co. - Key offerings
- Exhibit 99: Archer Daniels Midland Co. - Segment focus
- 10.5 Cargill Inc.
- Exhibit 100: Cargill Inc. - Overview
- Exhibit 101: Cargill Inc. - Product / Service
- Exhibit 102: Cargill Inc. - Key news
- Exhibit 103: Cargill Inc. - Key offerings
- 10.6 Devansoy Inc.
- Exhibit 104: Devansoy Inc. - Overview
- Exhibit 105: Devansoy Inc. - Product / Service
- Exhibit 106: Devansoy Inc. - Key offerings
- 10.7 DuPont de Nemours Inc.
- Exhibit 107: DuPont de Nemours Inc. - Overview
- Exhibit 108: DuPont de Nemours Inc. - Business segments
- Exhibit 109: DuPont de Nemours Inc. - Key offerings
- Exhibit 110: DuPont de Nemours Inc. - Segment focus
- 10.8 Kellogg Co.
- Exhibit 111: Kellogg Co. - Overview
- Exhibit 112: Kellogg Co. - Business segments
- Exhibit 113: Kellogg Co. - Key news
- Exhibit 114: Kellogg Co. - Key offerings
- Exhibit 115: Kellogg Co. - Segment focus
- 10.9 NOW Health Group Inc.
- Exhibit 116: NOW Health Group Inc. - Overview
- Exhibit 117: NOW Health Group Inc. - Product / Service
- Exhibit 118: NOW Health Group Inc. - Key offerings
- 10.10 Puris
- Exhibit 119: Puris - Overview
- Exhibit 120: Puris - Key offerings
- 10.11 SunOpta Inc.
- Exhibit 121: SunOpta Inc. - Overview
- Exhibit 122: SunOpta Inc. - Business segments
- Exhibit 123: SunOpta Inc. - Key offerings
- Exhibit 124: SunOpta Inc. - Segment focus
- 10.12 The Scoular Co.
- Exhibit 125: The Scoular Co. - Overview
- Exhibit 126: The Scoular Co. - Product / Service
- Exhibit 127: The Scoular Co. - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 130: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market sizing
- Exhibit 133: Information sources
- 11.5 List of abbreviations
- Exhibit 134: List of abbreviations
- food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.
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