Home > Food & Beverages > Proteins > Plant-Based Proteins > Soy Protein Ingredients Market

Soy Protein Ingredients Market Size - By Product (Concentrates, Isolates, Textured, Flour), By Nature (Organic, Conventional), By Type (GMO, Non-GMO), By Application (Food & Beverage, Animal Feed), & Global Forecast, 2023 - 2032

  • Report ID: GMI5382
  • Published Date: Jan 2023
  • Report Format: PDF

Soy Protein Ingredients Market Size

Soy Protein Ingredients Market size exceeded USD 5.5 billion in 2022 and is projected to expand at 10% CAGR from 2023 to 2032. Due to the mounting demand for natural ingredients in animal feed products.

Soy Protein Ingredients Market

To understand key trends  
Download Free Sample

Soy protein is among the most versatile, nutritious, reliable, and economical sources of plant-based protein, with a broad spectrum of applications across the food and animal feed industries. The increasing demand for antibiotic-free meats coupled with the diversification of animal nutritional programs may boost the adoption of this plant protein ingredient. In the U.S., expenditure on animal feed accounts for a significant amount of total farm production expenses. These trends will also augment the consumption of high-nutrition animal feeds to deliver quality meat, thereby strengthening the industry outlook.

Despite a favorable growth trajectory, soy protein ingredients derived through acid hydrolysis generate a significant amount of salt during the downstream process, impacting the nutritional properties. The high cost of alternative processes including enzymatic hydrolysis can also hinder industrial-scale production. These challenges, alongside the easy availability of alternative protein ingredients such as eggs, legumes, seeds, and lentils may restrict the soy protein ingredients market growth to some extent. However, the rising awareness and intake of protein supplements will help revive the soy protein ingredients industry.

Soy Protein Ingredients Market Analysis

Soy Protein Ingredients Market By Product

To understand key market trends  
Download Free Sample

The soy isolate product segment will surpass USD 5 billion by 2032, attributed to the product’s proven benefits in enhancing cardiovascular and gastrointestinal health while keeping cholesterol levels in control. Soy protein isolates are rich in antioxidants, vitamins, and minerals comprising zinc, iron, and isoflavones that can prevent bone loss due to menopause or certain cancers. Considering the low-fat content and bland taste, soy protein isolate is also used extensively in dairy products, infant formulas, and functional foods, addressing the demand for protein-rich foods among the younger generation, and in turn, bolstering the market outlook.

Soy protein ingredients market share from the GMO type segment will depict a 10% CAGR through 2032, given the rapid growth in animal farming and an increasing need for high-protein healthy livestock diets. As per statistics from USDA, in 2022, gross cash farm income was slated to rise by 14.3% as compared to 2021. Additionally, since most GMO crops are utilized for animal feeds in the U.S., the development of GMO soy protein powder is expected to surge, to fulfill changing consumer requirements. However, the possible risk of allergic reactions may limit the consumption of GMO foods to some extent, creating an adverse impact on the market dynamics.

Soy Protein Ingredients Market By Nature

To understand key market trends  
Download Free Sample

The soy protein ingredients market size from the organic segment is anticipated to reach USD 2 billion by 2032, on account of the growing burden of obesity across the globe. Based on a WHO report, by 2025, over 167 million children and adults are likely to be obese or overweight, proliferating the need for healthier dietary options, such as organic soy proteins with low saturated fat content. Furthermore, the preference for dairy or meat substitutes and the increasing product application scope in the healthcare sector will boost the market development.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of soy protein ingredients exceeded USD 5.5 billion in 2022 and is set to exhibit over 10% CAGR from 2023 to 2032, due to the growing adoption of natural ingredients in animal feeds.
The GMO type segment will depict a 10% CAGR through 2023-2032, given the increasing need for high-protein and healthy diets and animal farming growth.
The industry for soy protein ingredients in Asia Pacific is expected to be valued at over USD 4 billion by 2032, owing to the rising disposable income and plant-based food consumption.
Prominent companies participating in the market include Cargill Inc., Archer-Daniels-Midland Company (ADM), Dupont, Wilmar International, CHS Inc., Sonic Biochem, Prinova Group LLC, Chaitanya Chemicals, and Batory Foods, among others.

Soy Protein Ingredients Market Scope

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 1515
  • Countries covered: 23
  • Pages: 740
 Download Free Sample
Call Us  Download Free Sample