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Soybean Enzymatic Protein Market Trends

  • Report ID: GMI7507
  • Published Date: Nov 2023
  • Report Format: PDF

Soybean Enzymatic Protein Market Trends

The soybean enzymatic protein industry is exhibiting a noticeable trend, which is being driven by rising consumer demand for plant-based proteins as well as increased knowledge of their health advantages. Soybean enzymatic proteins, which are produced from soybeans via enzymatic hydrolysis, have higher digestibility and bioavailability than regular soy proteins. As producers capitalize on the clean label and environmental appeal of soy-based goods, the market is seeing an increase in applications across a variety of industries, including food and drinks, dietary supplements, and animal feed.
 

As health-conscious consumers seek animal protein alternatives, the soybean enzymatic protein industry is positioned for expansion, with continuing research and development concentrating on improving nutritional profiles and extending product choices to accommodate a wide range of dietary preferences.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of soybean enzymatic protein reached USD 1.94 billion in 2022 and is set to exceed USD 4,.20 billion by 2032, led by the worldwide awareness and desire for plant-based protein sources.

Food & beverages segment held a dominant market share of around 45.5% in 2022, driven by the product incorporation by F&B manufacturers to prepare plant-based meat alternatives, dairy substitutes, nutritional supplements, and functional foods.

North America market size was valued at USD 779 Million in 2022, owing to the increasing emphasis on plant-based proteins and the growing awareness of their health benefits.

Archer Daniels Midland Company, Cargill, Incorporated, DowDuPont Inc., Kerry Group, CHS Inc., Fuji Oil Co., Ltd., Wilmar International Limited, Ag Processing Inc., Crown Soya Protein Group, Shandong Yuwang Ecological Food Industry Co., Ltd.

Soybean Enzymatic Protein Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 259
  • Countries covered: 22
  • Pages: 180
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