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The Textured Soy Protein Global Market Report 2021-31 by The Business Research Company describes and explains the global textured soy protein market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.
The Textured Soy Protein Global Market Report 2022 covers textured soy protein market drivers, textured soy protein market trends, textured soy protein market segments, textured soy protein market growth rate, textured soy protein market major players, and textured soy protein market size.
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The textured soy protein market report provides in-depth analysis of the impact of COVID-19 on the global textured soy protein industry along with revised market numbers due to the effects of the coronavirus and the expected textured soy protein market growth numbers for 2022-2031.
The global textured soy protein market size is expected to grow from $2.23 billion in 2021 to $2.52 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. 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, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The textured soy protein market is expected to grow to $3.67 billion in 2026 at a CAGR of 9.8%.
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Textured Soy Protein Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the textured soy protein market segments-
1) By Type: Non-GMO, Conventional, Organic, Other Types
2) By Source: Soy Protein Concentrates, Soy Protein Isolates, Soy Flour
3) By Application: Food, Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery, Other Applications
Table Of Contents
1. Executive Summary
2. Textured Soy Protein Market Characteristics
3. Textured Soy Protein Market Trends And Strategies
4. Textured Soy Protein Market - Macro Economic Scenario
5. Textured Soy Protein Market Size And Growth
...
27. Textured Soy Protein Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Textured Soy Protein Market
29. Textured Soy Protein Market Future Outlook and Potential Analysis
30. Appendix
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Textured Soy Protein Market Global Information by Type (Conventional and Organic), Form (Soy Protein Concentrates, Soy Protein Isolates and others), Application (Meat Substitutes, Dairy Alternatives and others) and Region – Forecast Till 2023
Textured Soy Protein (TSP), is a vegetable protein processed from soy beans and is available in a fibrous form.
TSP is gaining huge demand since it functions as a meat analogue in a variety of food items.
Textured soy protein market is growing substantially, owing to the high consumption of meat alternatives and plant sources protein with essential amino acids and numerous nutrients.
The soy beans are heated so that the heat denatures the soy beans into a fibrous, insoluble, porous network that can soak up as much as three times its weight in liquids.
Soy is grown organically and conventionally, where organic soy plays an upper hand with beneficial nutritional properties due to its higher protein content and lower saturated fat levels as compared to conventional soy.
According to the current analysis of Reports and Data, the global Textured Soy Protein Market was valued at USD 2,235.5 Million in 2020 and is expected to reach USD 4,303.5 Million by 2028, at a CAGR of 8.40%.
Soy protein is a defatted soy flour product, commonly known as soy meat, soya chunks or texturized vegetable protein, is a by-product in the process of extracting oil from soybean.The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region.
The report also covers a comprehensive country-wise analysis to impart better understanding of the scope and growth of the market.Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2071Key Players:Key participants include DowDuPont, Victoria Group, Archer Daniels Midland, Wilmar International, Bremil Group, Shandong Yuxin Bio-Tech, Sonic Biochem, Linyi Shansong Biological Products, Crown Soya Protein Group, and Hung Yang FoodsFurther key findings from the report suggest:Textured Soy Protein market is growing at a CAGR of 5 % in Asia Pacific followed by North America and Europe, with 9.3 % and 9.1 % CAGR, respectively.
Rising health consciousness is the key factor to accelerate the market growth during forecast period across all regionsAs of 2018, Non-GMO product type segment is the dominating the industry which holds 40.2% of the global industry.
North America regional market is the chief revenue generating source for this product segment, followed by Europe and Asia-Pacific regionsConventional source type segment was valued at USD 603 million in 2018 and is expected reach USD 1.2 billion by 2026, growing at a CAGR of 9.2 %.Organic type segment is expected to be the second fastest growing market segment during forecast period 2019 - 2026 with a CAGR of 9.7 %.
However, unpleasant flavors and lack of awareness are major challenge for the industry growth of this segmentRequest customization of the report @ https://www.reportsanddata.com/request-customization-form/2071Market Segmentation:Type (Revenue, USD Million; 2018–2028)Non-GMOConventionalOrganicOthersForm Type (Revenue, USD Million; 2018–2028)ConcentratesIsolatesSoy flourApplication Type (Revenue, USD Million; 2018–2028)FoodMeat SubstitutesDairy AlternativesInfant NutritionBakeryFeedRegional Outlook (Revenue in USD Million; 2018–2028)North AmericaU.S.CanadaEuropeGermanyFranceUKSpainItalyRest of the EuropeAsia PacificChinaIndiaJapanRest of Asia-PacificMiddle East & AfricaLatin AmericaBrazilBrowse full report here @ https://www.reportsanddata.com/report-detail/textured-soy-protein-marketKey Points Covered in the Report:Comprehensive analysis of latest and emerging trends influencing the growth of the marketSWOT analysis of each major market player along with in-depth analysis of major market players with detailed portfolio of their products, production capacity, revenue estimation, and gross marginMarket concentration, production and consumption ratio, demand & supply analysis, and import/exportStrategic recommendations to the new entrants as well as established companies to make beneficial business decisionsThank you for reading this article.
TSP is gaining huge demand since it functions as a meat analogue in a variety of food items.
It is also a low-calorie and low-fat source of vegetable protein.
Textured soy protein market is growing substantially, owing to the high consumption of meat alternatives and plant sources protein with essential amino acids and numerous nutrients.
Soy beans in the extruder can pass through a nozzle at a temperature of 150-200 °C, while still hot and gradually expanding with time.
The soy beans are heated so that the heat denatures the soy beans into a fibrous, insoluble, porous network that can soak up as much as three times its weight in liquids.Textured soy protein products are used to extend or replace meat products in food industry to manufacture meat substitutes, extenders, and analogues.
Soy is grown organically and conventionally, where organic soy plays an upper hand with beneficial nutritional properties due to its higher protein content and lower saturated fat levels as compared to conventional soy.Access Report Details@ https://www.marketresearchfuture.com/reports/textured-soy-protein-market-6372Regional AnalysisNorth America currently leads the world in soybean production and most of the soybean produce is crushed to extract oil.
