(Entertainment-NewsWire.com, October 05, 2018 ) The global Soy protein market is expected to reach USD 13.5 billion by the end of 2024 from USD 7.5 billion in 2016, growing at a CAGR of 7.5%. The inclination of consumers towards healthy and natural drinks and awareness of soy protein benefits are major factors driving the growth of the soy protein market.
Global Soy protein market segmentation has been done on the basis of product type, application, and geography. Soy protein isolates accounted for the largest market share of global soy protein market in 2016, which contains 90% of protein content as compared to other soy products. Global Soy protein market is dominated by North America and is closely followed by Asia-Pacific. APAC region is expected to grow at the fastest rate in future on the back of rising urban population and increasing awareness of different sources of protein, especially among the vegetarians.
“Soy Protein Market Outlook 2024” contains a detailed overview of the global soy protein market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, application and geography.
The Global Soy Protein Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of soy protein market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global soy protein market discussed in the report are: Cargill Inc, Archer Daniels Midland Company, Wilmar International, Sojaprotein, IMCOPA, CHS, Goldenseal Industry, DuPont Nutrition and Health,Tiancheng Agricultural Development Group, Yuwang Group, Gushen Biological Technology Group, Shandong Yuxin Bio-Tech, Hongzhi Group, Shandong Wonderful Industrial Group, Mecagroup,etc.
Further, the Global Soy Protein Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Soy Protein Market Size also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market analysis report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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