The global textured soy protein market is anticipated to grow at a significant rate during the forecast period owing to low processing costs associated with textured soy proteins. The increasing number of vegan and vegetarian population is also acting as a driver for the growth of the textured soy protein market. Moreover, the increasing cultivation of soy crops around the world has increased the availability of soy products like textured soy protein. This increased availability of textured soy protein is expected to drive the market growth in the coming years.

The rising awareness towards health & fitness has led to increased consumption of high protein-based food among consumers which is further supporting the demand for textured soy protein. They are also used as flavour binder in various cuisine and helps maintain moisture level in food. The growing awareness regarding the availability of low-cost protein substitutes like textured soy protein is poised to fuel the market growth by 2028.

Global textured soy protein market can be segmented based on type, source, application and region. Based on type, the market is segmented into non-GMO, organic, conventional and others. The non-GMO textured soy protein dominated the global market in 2022 and the segment is expected to undergo the fastest growth owing to the growing awareness about the harmful effects of Genetically Modified (GM) crops on health. Also, various countries including India and China have imposed restrictions on genetically modified crops which is acting as a growth opportunity for non-GMO textured soy protein market.

Regionally, North America is the largest consumer of textured soy protein owing to the growing vegan population and rising health awareness in the region. However, Asia Pacific is projected to be the fastest-growing market during the forecast period owing to the increasing cultivation of soy crop in the region and rising health awareness among people.

Major companies operating in the global textured soy protein market include Archer Daniels Midland Company, Cargill, Incorporated., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO., LTD., Bunge, among others. Companies are taking up growth strategies like new product launches and mergers & acquisitions to acquire a greater market share.

Objective of the Study:

  • To analyse and forecast the market size of global textured soy protein market.
  • To forecast global Textured Soy Protein market based on type, source, application, company and regional distribution.
  • To identify drivers and challenges for global textured soy protein market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global textured soy protein market.
  • To identify and analyse the profile of leading players operating in the global textured soy protein market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of textured soy protein companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.

TechSci Research calculated global textured soy protein market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research. 

Key Target Audience:

  • Textured soy protein manufacturing companies/partners
  • Suppliers/Distributers
  • End-Users
  • Government bodies such as regulating authorities and policy makers
  • Organizations, industry associations, forums and alliances related to textured soy protein market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Textured Soy Protein manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Source

·         Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Archer Daniels Midland Company, Cargill, Incorporated., Wilmar BioEthanol, Victoria Group, Bremil Group, Sonic Biochem, CROWN SOYA PROTEIN GROUP, HOYA FOOD, SHANDONG YUXIN BIO-TECH CO., LTD., Bunge

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global textured soy protein market has been segmented into following categories, in addition to the industry trends which have also been detailed below: 

  • Global Textured Soy Protein Market, By Type:
    • Non-GMO
    • Organic
    • Conventional
    • Others
  • Global Textured Soy Protein Market, By Source:
    • Soy Protein Concentrates
    • Soy Flour
    • Soy Protein Isolates
  • Global Textured Soy Protein Market, By Application:
    • Food
      • Meat Substitutes
      • Dairy Alternatives
      • Infant Nutrition
      • Bakery
    • Feed
  • Global Textured Soy Protein Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India 
      • South Korea
      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • South Africa
      • Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global textured soy protein market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Textured Soy Protein Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Textured Soy Protein Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Non-GMO, Organic, Conventional and Others)

6.2.2.     By Source (Soy Protein Concentrates, Soy Flour and Soy Protein Isolates)

6.2.3.     By Application (Food (Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery) and Feed)

6.2.4.     By Company (2022)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Textured Soy Protein Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Source

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Textured Soy Protein Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.2.     India Textured Soy Protein Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.3.     Japan Textured Soy Protein Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

7.3.4.     South Korea Textured Soy Protein Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Application

7.3.5.     Australia Textured Soy Protein Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Application

8.    Europe Textured Soy Protein Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Source

8.2.3.     By Application

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Textured Soy Protein Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.2.     Germany Textured Soy Protein Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.3.     United Kingdom Textured Soy Protein Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

8.3.4.     Italy Textured Soy Protein Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Application

8.3.5.     Spain Textured Soy Protein Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Application

9.    North America Textured Soy Protein Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Source

9.2.3.     By Application

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Textured Soy Protein Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.2.     Mexico Textured Soy Protein Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.3.     Canada Textured Soy Protein Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

10.  South America Textured Soy Protein Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Source

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Textured Soy Protein Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Application

10.3.2.  Argentina Textured Soy Protein Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Application

10.3.3.  Colombia Textured Soy Protein Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Application

11.  Middle East and Africa Textured Soy Protein Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Source

11.2.3.  By Application

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Textured Soy Protein Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Application

11.3.2.  Saudi Arabia Textured Soy Protein Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Application

11.3.3.  UAE Textured Soy Protein Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Pricing Analysis

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Players Profiled (Leading Companies)

15.2.1.   Archer Daniels Midland Company

15.2.2.  Cargill, Incorporated.

15.2.3.  Wilmar BioEthanol.

15.2.4.  Victoria Group

15.2.5.  Bremil Group

15.2.6.  Sonic Biochem

15.2.7.  CROWN SOYA PROTEIN GROUP

15.2.8.  HOYA FOOD

15.2.9.  SHANDONG YUXIN BIO-TECH CO., LTD.

15.2.10.                Bunge

16.  Strategic Recommendations

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