Global Soy Protein Isolate Market estimated to cross USD 3.5 billion by 2025
The global Soy Protein Isolate Market was worth USD 1.23 billion in 2019, and it is estimated that it will reach a valuation of USD 3.45 billion by 2025 at a CAGR of 4.8% during the outlook period.
Soy protein is a by-product of the main product, soybeans, and soy protein isolate is soybeans in powder form and makes up almost 90% of the protein. The Isolate chemical composition makes it ideal for application in everyday breakfast products such as a variety of soups, sauces, dairy products, energy bars, nutritional supplements, and cereals. This product has established itself as a dietary supplement around the world because it promotes muscle gain with benefits for key benefits such as muscle gain. Since this product is a plant protein, it is ideal to grow amid growing trends such as the vegan diet. This product promises to provide some additional benefits to health-conscious consumers, such as the maintenance of body tissues and muscles.
Market Drivers and Restraints:
Soy protein isolate offers positive benefits to patients with obesity-related diseases such as fatty liver disease and inflammation. Additionally, soy protein has been approved for sale in more than a dozen countries for claims that it supports low cholesterol and a variety of other health benefits. The association between the rise in obesity and major life-threatening conditions such as fatty liver disease and cardiovascular disease is expected to drive significant growth in the market for soy protein isolation. The growing trend towards vegan diets and the increasing adoption of major fast-food chains is expected to be of great benefit to the soy protein isolate market. Increasing demand for fortified foods and increased consumer health and nutrition awareness are key drivers of the market growth. The increase in propensity for the vegan diet, coupled with consumer demand for product transparency and the high functional properties of soy protein isolate, will further drive the overall market demand for soy protein isolates during the forecast period. Additionally, investments in R&D activities to produce nutritious and profitable soy protein ingredients are expected to provide growth opportunities in the future. However, rising costs and the threat of substitutes are expected to affect overall market growth in developed and developing countries.
To know more read:
Report is segmented as:
By type, the soy protein Isolate market held the largest share of the global soy protein market size in 2019, the largest share of this segment due to lower cost than other types of soy protein and growing demand for meat and animals. Feed industry. Based on the application, food and beverage applications accounted for the majority of the global soy protein market in 2019.
North America recorded the largest share of the global soy protein isolate market in 2019, followed by Asia Pacific, Europe, Latin America, the Middle East and Africa. Much of the...
Do you already have an account? Log in here