Global Soy Protein Concentrate Market: Soy Protein Concentrate thrives

Posted by Deeksha on November 20th, 2019

Soy protein is sought after in food and beverages industry for its nutritional value. Animal and aquaculture segment have witnessed rising demand for additional nutritive ingredients which creates positive influence on global soy protein market. Soy protein concentrate is also highly popular for its properties like retaining moisture and enhancing flavor of processed meat products. Although, plant-based derivatives have arrived in market, soy protein still holds a prominent place in market. Global soy protein market is forecasted to amount   ?1.5Mn metric tons in the year 2019. It is expected to display   ?5% growth in the forecast period 2019-2029. An intelligence report titled, “Soy Protein Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.

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Rapidly growing animal agriculture sectors like aquaculture are looking forward to cultivate healthy species which require aqua-feeds that are very nutritive and sustainable. Manufacturers are continuously striving to satisfy the growing protein demand of aquaculture landscape. Soy protein is eyed as an excellent protein alternative for aqua-feed as it is renewable along with being sustainable. Aquaculture boosts global soy protein market with its ever-growing demand for soy protein concentrate.

Soy protein concentrate improves meat texture

Moisture retention property of soy protein concentrate enhances taste of meat products and also prevents it from shrinking. Apart from improvising meat product’s texture, soy protein is cholesterol-less fat alternative that’s makes it ideal to be used as hydrolyzed vegetable protein for many food products like sauces, dressings and breakfast cereals. Global soy protein market gets momentum from its varied use in food industry.

Geographically, APEJ dominates global soy protein concentrate market which is followed by Europe and then North America. Other prominent regions in global market are Latin America, Europe and Japan.

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Major stake holders profiled in global soy protein concentrate market include Gremount International Company limited, Cargill Inc., Nutra Food Ingredients LLC, Food Chem international Corporation and Euroduna Food Ingredients.

Global soy protein concentrate market: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the Global soy protein concentrate market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global soy protein concentrate market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on soy protein concentrate.

An insightful and deep-dive assessment of the competitive assessment of the Global soy protein concentrate market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global soy protein concentrate market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Global soy protein concentrate market: Research Methodology

Primary sources and secondary sources propel intelligence report on Global soy protein concentrate market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.