The Business Research Company’s Soy Protein Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Soy Protein Global Market Report 2023 evaluates soy protein market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global soy protein market size grew from $8.31 billion in 2022 to $9.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The soy protein market size is expected to grow to $12.49 billion in 2027 at a CAGR of 8.1%.
The soy protein market segments in the report are:
1) By Product Type : Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flour, Grits, And Chunks
2) By Nature: Organic Soy Protein, Conventional Soy Protein
3) By Form : Powder, Ready to Drink, Bars, Capsules And Tablets, Other Forms
4) By Application : Bakery And Confectionery, Meat Alternatives, Functional Foods, Dairy Replacers, Infant Foods, Other Applications
5) By Distribution Channel : Specialty Store, Convenience Store, E-Commerce Or Online Sale Channel, Supermarket Or Hypermarket
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The table of contents in TBRC’s soy protein market report includes:
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Top 5 Major Key Players Are:
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