Soy Protein Ingredients Market worth $9,214.4 Million By 2018 The report â€œSoy Protein Ingredients Market By Types (Isolates, Concentrates, and Others), Applications, and Geography - Global Trends and Forecasts to 2018â€?, defines and segments the global soy protein ingredients market with an analysis and forecasting of the global volume and revenue for soy protein ingredients. It also identifies driving and restraining factors for the global soy protein ingredients market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented, and revenues and volumes are forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, the market is segmented, and revenues and volumes are forecasted on the basis of applications as well. Browse 133 market data tables and 10 figures spread through 276 pages and in-depth TOC "Soy Protein Ingredients Market By Types (Isolates, Concentrates, and Others), Applications, and Geography - Global Trends and Forecasts to 2018" http://www.marketsandmarkets.com/Market-Reports/soy-protein-ingredients-market-857.html
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Soy protein is used in a variety of food, such as infant formulas, soups, meat analogues, cheeses, salad dressings, frozen desserts, breads, breakfast cereals, pastas, and pet foods. Soy protein isolates are not only used to improve the texture of meat products, but also to increase protein content, to enhance moisture retention, and are also used as emulsifiers. SPC is widely used as a functional or nutritional ingredient in baked foods, breakfast cereals, and in some meat products. Soy protein ingredients manufacturers have launched different functional soy protein ingredients to fill the gap created by westernized food. The major drivers for this market are functionality, cost, health benefits, eco-friendliness, and versatility. It is cheaper than animal protein and replicates the same protein content. It is also known as the most sustainable protein ingredients, as it raises the shelf life of food. Antinutrients and allergic nature of soy protein ingredients are the dark side of this market, and manufacturers are working on these limitations. New product development and mergers and acquisitions are the fundamentals to survive in this market.
Soy Protein Ingredients Market Revenue, 2010 - 2018 ($Million)
e- Estimated; p-Projected Source: MarketsandMarkets Analysis The global market for soy protein ingredients in terms of revenue was estimated to be worth $6,399.9 million in 2012 and is expected to reach $9,214.4 million by 2018, growing at a CAGR of 6.3% from 2013 to 2018. In 2012, North America dominated the global soy protein ingredients market. Because of rapid advancement and increasing demand from key countries such as China and India, Asia-Pacific is expected to be the fastest growing market in the near future. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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Published on Apr 30, 2014
The nutritional and health benefits of soy protein ingredients coupled with its functional properties are factors that drive the soy protein...