The global Soy Protein Isolate Market Size was valued at $2.9 billion in 2021, and is projected to reach $4.5 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. Vegan diet attracts consumers due to the rise in consumer belief that plant-based protein products have medicinal benefits, such as enhancing immunity power, treating ailments, and mitigating the risk of diabetes, heart attack, and others. Thus, the global health crisis has raised awareness among consumers to opt for vegan diet. This in turn fosters the growth of soy protein isolate market in terms of value sales during the COVID-19 pandemic.
Soy protein isolate is prepared from defatted soy meal by utilizing aqueous or mild alkali extraction of soluble carbohydrates and proteins. The undoable residue, substantially carbohydrate, is therefore removed by centrifugation, followed by a rush of soy protein at its isoelectric point. The precipitated protein is separated by mechanical decanting and is washed and neutralized as well as spray-dried.
Request The Free Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/17806
Market Drivers:
The report focuses on the Soy Protein Isolate Market Growth prospects, restraints, and Soy Protein Isolate Market Opportunity. The study provides Porter’s five forces analysis to understand the impact of various factors such as the competitive intensity of competitors, bargaining power of suppliers, the threat of substitutes, the threat of new entrants, and bargaining power of buyers of the soy protein isolate market.
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the soy protein isolate market analysis from 2021 to 2031 to identify the prevailing soy protein isolate market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the soy protein isolate market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/17806
Prominent Market Players
The players operating in the global soy protein isolate market have adopted various developmental strategies to increase their market share, gain profitability, and remain competitive in the Soy Protein Isolate Industry. The key players operating in the soy protein isolate market include AG Processing Inc., Archer-Daniels-Midland Company, Cargill, Inc., CHS Inc., Doves Farm Foods Ltd., E. I. Du Pont De Nemours and Company (Dupont Nutrition and Health), Kerry Group, Plc., Kraft Heinz Company, the Kellogg Company, and Wilmar International Limited.
Regional Outlook:
By region, North America led in terms of Soy Protein Isolate Market Share in 2021 and is expected to retain its dominance during the Soy Protein Isolate Market Forecast period. According to the International Health, Racquet & Sports Club Association (IHRSA), the consumption of soy protein is likely to rise as the U.S. health and fitness industry and is expected to grow at a faster rate during the forecast period. This is attributed to rising in the number of the U.S. consumers adopting a healthy lifestyle or indulging in activities that promote an active and healthy lifestyle. Presently, about 20% of U.S. adults have fitness club memberships, and the number is expected to increase in the future.
Buy Full Report & Get Exclusive Discounts: https://www.alliedmarketresearch.com/checkout-final/92f2bee15ecc3bd9d94782526ff542ec
Browse Similar Reports:
U.S. and Australia Egg Protein Market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com