Global Organic Soy Protein Market Overview:
Organic Soy Protein is refer as the products which have been used as nutritional and functional food ingredients in every food category available to the consumer. To meet the requirements of world food energy for the new century, modern agriculture has led to production of sufficient cereal crops. Due to the clean label and non-allergy properties, organic soy protein isolates are gaining the higher popularity among several food manufacturers Some of the players profiled in the study are ADM (United States), Agrawal Oil & Biochem (United States), Armor Proteins (France), Biopress S.A.S. (France), Burcon nutrascience (Canada), Devansoy Inc. (United States), Dupont (United States), Frank Food Products (Netherland), George Weston Foods (Australia) and Harvest Innovations (United States). According to Market Analyst at AMA, the Global Organic Soy Protein market may see a growth rate of 18.3% and would reach the market size of USD971.16 Million by 2025.
On the basis of geography, the market of Organic Soy Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. If we see Market by Flavor type, the sub-segment i.e. Liquid will boost the Organic Soy Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing health awareness among the consumers, which is shifting from dairy products which are rich in fat, to soy products, which are much healthier
- Cheaper price of Soy products as compare to the other alternatives, which is one of the main reason for the high demand for Soy Protein products
- Healthy eating is increasing on consumer's agendas
- Perception of consumer related to organic food in emerging markets
- Shift from traditional dairy and meat product to organic soy product
- High cost associated with the raw material processing and high production cost can dampen the market growth
- Multiple end-use applications of isolate organic soy protein
- Clean label and non-allergic properties
- Growing demand for health foods and good source of vegetable protein
- Rising in government support for organic farming
- Low skilled labour associated in the processing of product
- Alternatives can acquire the share of market
- Unawareness among people
Key Market Developments:
Archer Daniels Midland Company announced that it has agreed to terms granting exclusivity in discussions to purchase Neovia, a global provider of value-added animal nutrition solutions, with 72 production facilities and a presence in 25 countries, headquartered in Saint-Nolff, Britanny, France, the acquisition would represent a transformative step for Animal Nutrition business, and a major strategic investment in France
Armor proteines launches its own dairy ingredients blog, the armor proteines blog will be packed full of downloadable resources and information for all nutrition and agri-food manufacturers, as well as B2B distributors
Organic Soy Protein manufacturers, Raw Material Supplier, Traders, Distributors, and Suppliers, Industry associations and experts, Research organizations and consulting companies., Research Institutes, Industry associations and Market research and consulting firm
Major Objectives Focused through this Study
To define, describe, and forecast the Global Organic Soy Protein market on the basis of product [Isolates, Concentrates, Flours and Other organic soy protein types] , application [Bakery & confectionery, Dairy alternatives, Functional foods, Infant formula and Meat alternatives], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Organic Soy Protein market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Organic Soy Protein industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Hodgson Mill (United States), Natural Products Inc. (United States), SunOpta, Inc. (Canada), The Scoular Company (United States) and World Food Processing / Puris Proteins (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Organic Soy Protein market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.