Soybean Protein Powder Market
Soybean Protein Powder Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Soybean Protein Powder Market Size and Growth
The Soybean Protein Powder market is experiencing robust growth, driven by rising health consciousness and plant-based diets. The global market size reached approximately $2.5 billion in 2022, with expectations to expand at a CAGR of 8% through 2030. Increasing demand in various food products is enhancing market dynamics.
Companies Covered
(Covid 19 Impact Covered)
◍ Dupont
◍ Wilmar BioEthanol
◍ Archer Daniels Midland Company
◍ Cargill
◍
The soybean protein powder market features key players like Dupont, Cargill, and Archer Daniels Midland. These companies enhance market growth through product innovation, strategic partnerships, and expanding their distribution networks. They leverage advancements in processing technology for high-quality products. Notable revenues include:
FUJI OIL ASIA
◍ Kerry Group
◍ CHS Inc.
◍ Sotexpro SA
◍ Burcon Nutrascience Corporation
◍ Farbest Brands
- Cargill: $134 billion
- Archer Daniels Midland: $85 billion
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Market Segmentation
By Application
By Product
Others ◍ Nutrition Supplements ◍ Beverage & Dairy Products ◍ Other
◍ 55%-60% Protein
85%-87% Protein
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Market Growth
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$ X Billion USD
