The soy protein ingredients market is growing tremendously with increase in vegan population globally. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Soy protein ingredients Market Research Report- Forecast to 2023 that the market will demonstrate a significant growth during the forecast period.

Soy protein ingredients are gaining popularity in various industries such as bakery & confectionery, dairy & frozen desserts, beverages, oils and fats, sweet & savory snacks and others owing to its high functional and nutritive value which is driving the growth of the market. Increasing vegan population and high inclination of consumers towards substitute of animal protein is boosting the growth of soy protein ingredients market.

Dec 2017 Brazilian producers are finishing up soybean planting. Planting reached 96% of the estimated area for the 2017/2018 harvest, up from 95% last year and 93% on average for five years, according to AgRural’s survey.

Dec 2017 Archer Daniels Midland Company was named as a finalist in the performance nutrition innovation category at this year’s Food ingredients Europe (Fi Europe) Innovation Awards with its clean-label soy protein.

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Some of the key players profiled in the global Soy protein ingredients market are Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), DuPont Nutrition & Health (Denmark), Wilmar International Ltd (Singapore), CHS Inc. (U.S.), Kerry Group PLC (Republic of Ireland)

The global Soy Protein Ingredients Market has been divided into type, application, and region.

Based on Type: soy protein isolates, soy protein concentrates, soy protein flour and others (soy chunks and soy grits)

Based on Application: bakery & confectionery, dairy & frozen desserts, beverages, oil and fats, sweet & savory snacks and others

Based on Region: North America, Europe, Asia Pacific, and ROW.

Browse the market data and information spread across 110 pages with 20 data tables and 15 figures of the report “Soy Protein Ingredients Market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/soy-protein-ingredients-market-4983

The global Soy protein ingredients market is segmented into North America, Europe, APAC, and Rest of the World (RoW). North America is dominating the market followed by Europe. High investment by key players on the R&D and technological advancements in the U.S. is propelling the market growth in North America. High inclination of consumers towards functional food in Europe is driving the market for soy protein ingredients in this region.

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