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Soy Flour Market Value Share, Supply Demand, Share and Forecast to 2018 – 2023

 



(Entertainment-NewsWire.com, November 03, 2018 ) Global Soy Flour Market Overview:

Soy Flour is used as a source for proteins and widely used in bakery applications. Soy flour is a source of high amounts of protein, dietary fiber, iron, is flavones, vitamins and potassium which are necessary for a healthy diet. Soy flour is a gluten-free product which is the most preferred food type for health-conscious consumers as well as by fitness trainers as breakfast cereals. Thus, market demand from food and beverages industry is higher for soy flour. Soy flour prepared from ground soybeans and provides the basis for some soymilks and textured vegetable protein. This versatile ingredient improves the taste and texture of many common foods and often decreases the fat absorbed in fried foods. The taste of soy flour varies from a “beany” flavor to a sweet and mild flavor, depending on how it is processed

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Drivers and Restraints:

The Primary factors driving the market are the increase in disposable income, extensive use in preparation of various food products and bakery products, increasing trend and preference for gluten-free foods and growing awareness regarding the health benefits of Soy Flour. The stringent government regulations and consumer skepticism are the factors hindering the growth of the market.

Geographic Segmentation

Based on the geographical analysis, the market is segmented into regions of North America, Latin America, Europe, Middle East and Africa and the Asia Pacific. Europe has the major share in the market because of the presence of market leaders as well as a large population of bakery food products consuming individuals and its extensive use in food products. Natural or Full-fat Soy Flour holds the major share in the market due to their extensive use in bakery applications and processing ease while low-fat variant is expected to grow the fastest due to increasing trend of low-fat food. Based on Application bakery food applications hold the major share in the market while Functional Foods and Meat replacement foods are expected to grow the fastest.

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The key players dominating the global soy flour market include Archer Daniels Midland Corn Processing, Cargill Inc. proteins, CHS Inc. Food and Ingredients, Devansoy Inc., Finnsoy, Foodchem International Corporation Proteins, Harvest Innovations, Kerry Group Ingredients, The Nisshin Oillio Group Ltd. Soy Foods & Materials Business, Ruchi soya Extraction, and Sinoglory Enterprise Group.

The Scope of the report

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Source: EmailWire.Com

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