Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research

Global Soy Protein Market is Estimated to Reach $7.4 Billion by 2024, Says Accurize Market Research  Global Soy Protein Market report published by Accurize Market Research forecast that the global market is expected to reach $7.4 billion by 2024; growing at a CAGR of 5.8% from 2017 to By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.Soy Protein Market  Request Sample: protein-market/sample-request Copyright © 2019 Accurize Market Research

Global Soy Protein Market is Estimated to Reach $7.4 Billion by 2024, Says Accurize Market Research  Increasing awareness among consumers to drive the global market  The global soy protein market is majorly driven by factors such as increasing the popularity of infant foods containing soy proteins and increasing awareness among consumers. However, allergic nature and availability of alternative protein sources may hinder the growth of the market. Furthermore, cultivation organic soy and untapped markets would provide growth opportunities in the upcoming years. Copyright © 2019 Accurize Market Research

Market Segmentation  The global soy protein market has been split into product type, form type, application, and function type. The product type segment includes soy protein isolates, soy proteins concentrates and soy proteins hydrolysates. By form type, the market is segmented as dry and liquid. The applications segment includes functional foods, bakery & confectionery, and others. The function type segment is categorized into nutrients, emulsifier, fat & water absorption and texture.  Request Customization: protein-market/ask-for-customization Copyright © 2019 Accurize Market Research

Market Segmentation  North America, Europe, Asia-Pacific and Rest of the world (RoW) are the geographical segments of the market.  North America is further bifurcated into countries namely; U.S., Canada, and Mexico. Europe covers countries like Russia, the U.K., Germany, France, Italy and the Rest of Europe.  Asia-Pacific countries include China, India, Japan, South Korea and Rest of Asia Pacific.  The rest of the World (RoW) covers South America, Africa, and the Middle East. Copyright © 2019 Accurize Market Research

Market Segmentation  "Concentrates accounted for the largest market share in the product type segment", says Accurize  In the product type segment, concentrates accounted for the largest market share in 2017, whereas hydrolases are expected to dominate the market with the highest CAGR in the product type segment. Functional foods dominated the application type segment accounting for about 67.4% in Copyright © 2019 Accurize Market Research

Market Segmentation  "North America dominated the global market with the highest market share over the forecast period", says Accurize  North America accounted for the largest market share of 39.8%, owing to the increasing adoption of soy and used as an alternative for meat. Europe was the second-largest market with a total market share of 31.8% in Moreover, Asia Pacific is expected to dominate the market with the fastest CAGR during the forecast period, owing to the increase in lifestyle diseases and preference for soy products instead of dairy products. Copyright © 2019 Accurize Market Research

Top players in the market  Major companies operating in the market include  DuPont Nutrition & Health,  Crown Soya Protein Group,  Burcon Nutria Science Corporation,  Omega Protein Corporation,  Armor Proteins,  Archer Daniels Midland Company,  Wilmer International,  Kerry Ingredients Inc.,  George Weston Foods  Ruchi Soya Industries. Copyright © 2019 Accurize Market Research

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