Global Organic Soy Protein Market
The global Organic Soy Protein market was valued at USD 225.0 million in 2016 and is projected to reach USD 623.9 million by 2025, growing at a CAGR of 12.0% from 2017 to 2025.
Organic variant of soybeans has been receiving great attention owing to its nutritive value and its function as a meat alternative. The growing application in infant nutrition is expected to augment market demand over the forecast period. Soy bean isolates are the major product segment in the market.
1. Market Drivers
1.1 High nutritional value of soy
1.2 Growing demand for organic products
2. Market Restraints
2.1 High costs of organic proteins
2.2 Low consumer awareness
The global Organic Soy Protein market is segmented on the type, application, and region.
1. By Type:
2. By Application:
2.1 Infant Formula
2.2 Functional Foods
2.3 Dairy Alternatives
2.4 Meat Alternatives
2.5 Confectionery and Bakery
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Harvest Innovations
2. World Food Processing
3. Sunopta Inc.
4. The Scoular Company
5. Devansoy Inc.
6. Hodgson Mill
7. Frank Food Products
8. Agrawal Oil and Biochem
9. Natural Products Inc.
10. Biopess S.A.S
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Organic Soy Protein market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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