Global Soy Protein Market

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Global Soy Protein Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Soy Protein Market is Estimated to Reach
7.4 Billion by 2024, Says Accurize Market
Research

• Global Soy Protein Market report published by
  Accurize Market Research forecast that the global
  market is expected to reach 7.4 billion by 2024
  growing at a CAGR of 5.8 from 2017 to 2025. By
  geography, the Asia Pacific and North America are
  expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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• https//www.accurizemarketresearch.com/report/soy-
  protein-market/sample-request

3
Global Soy Protein Market is Estimated to Reach
7.4 Billion by 2024, Says Accurize Market
Research

• Increasing awareness among consumers to drive the
  global market
• The global soy protein market is majorly driven
  by factors such as increasing the popularity of
  infant foods containing soy proteins and
  increasing awareness among consumers. However,
  allergic nature and availability of alternative
  protein sources may hinder the growth of the
  market. Furthermore, cultivation organic soy and
  untapped markets would provide growth
  opportunities in the upcoming years.

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Market Segmentation

• The global soy protein market has been split into
  product type, form type, application, and
  function type. The product type segment includes
  soy protein isolates, soy proteins concentrates
  and soy proteins hydrolysates. By form type, the
  market is segmented as dry and liquid. The
  applications segment includes functional foods,
  bakery confectionery, and others. The function
  type segment is categorized into nutrients,
  emulsifier, fat water absorption and texture.
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  protein-market/ask-for-customization

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Market Segmentation

• North America, Europe, Asia-Pacific and Rest of
  the world (RoW) are the geographical segments of
  the market.
• North America is further bifurcated into
  countries namely U.S., Canada, and Mexico.
  Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
• Asia-Pacific countries include China, India,
  Japan, South Korea and Rest of Asia Pacific.
• The rest of the World (RoW) covers South America,
  Africa, and the Middle East.

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Market Segmentation

• "Concentrates accounted for the largest market
  share in the product type segment", says Accurize
• In the product type segment, concentrates
  accounted for the largest market share in 2017,
  whereas hydrolases are expected to dominate the
  market with the highest CAGR in the product type
  segment. Functional foods dominated the
  application type segment accounting for about
  67.4 in 2017.

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Market Segmentation

• "North America dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• North America accounted for the largest market
  share of 39.8, owing to the increasing adoption
  of soy and used as an alternative for meat.
  Europe was the second-largest market with a total
  market share of 31.8 in 2017. Moreover, Asia
  Pacific is expected to dominate the market with
  the fastest CAGR during the forecast period,
  owing to the increase in lifestyle diseases and
  preference for soy products instead of dairy
  products.

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Top players in the market

• Major companies operating in the market include
• DuPont Nutrition Health,
• Crown Soya Protein Group,
• Burcon Nutria Science Corporation,
• Omega Protein Corporation,
• Armor Proteins,
• Archer Daniels Midland Company,
• Wilmer International,
• Kerry Ingredients Inc.,
• George Weston Foods
• Ruchi Soya Industries.

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