Soy Protein Market Analysis, Company Revenue Share, Global Forecast Till 2028Posted by Supriya Kokate on October 12th, 2021 The global soy protein market size is expected to reach USD 18.35 billion in 2028 and register a revenue CAGR of 7.0% over the forecast period, according to a latest report by Reports & Data. Major factors driving market revenue growth are rising awareness regarding the benefits of soy protein, changing consumer perception on nutrition and growing trend of vegan culture owing to health benefits associated with vegan diets. The rapid increase in health and fitness centers has been resulting in rapid adoption of soy protein globally. Soy protein contains 90% protein that helps to lower blood pressure, boost energy, and has low amounts of saturated fat. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/227 Ongoing research and development activities, various medical & nutrition science research and private investments in the area of soy protein is expected to positively impact revenue growth of the market over the forecast period. For instance, The ICMR, Indian Council of Medical Research suggest that an average adult should consume protein every day between 0.8 to 1g of protein per kg of body weight to maintain a healthy quality of life. Further, international health organizations and government initiatives to encourage people to intake soy protein has been opening up open new and more lucrative opportunities for players operating in the global soy protein market. However, allergy concerns, food-borne intolerances and side effects of soy protein are some major factors expected to restrain global soy protein market revenue growth over the forecast period. Some major players in the market research report include, Wilmar International, CHS Inc., The Archer Daniels Midland Company, Crown Soya Protein Group, DowDuPont Inc., Linyi Shansong Biological Products Co. Ltd., Cargill Corporation, Shandong Yuxin Bio-Tech Co. Ltd., Sonic Biochem, and Hung Yang Foods Co. Ltd. Segments covered in the report: For the purpose of this report, Reports & Data has segmented the global soy protein market on the basis of product type, form, application, distribution channel and region: By Product Type (Revenue, USD Billion; 2018 – 2028)
By Form (Revenue, USD Billion; 2018 – 2028)
By Application (Revenue, USD Billion; 2018 – 2028)
By Distribution Channel (Revenue, USD Billion; 2018 – 2028)
Regional Outlook (Revenue, USD Billion; 2018 – 2028)
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Key Features of the Soy Protein Market Report:
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