What is Soya Flour Market Scope?
Soya flour is a dietary protein, that made by grinding roasted soybeans and grounded into a powder. It contains iron, vitamins B & calcium and other micronutrients which are vital for human growth. Soy flour is highly used for taste improving and texture of numerous foods and also reduces the fat absorbed in fried foods. According to the Soybean Processor Association of India (SOPA) and the United States Department of Agriculture, world soybean production is 367.49 million tons in the year 2018-2019.
Soya Flour Market Dynamics:
Attributes | Details |
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Growth Drivers | - Enhancing the Nutritional Value of the Food Item
- Growing Urbanization and Increasing Working Population
- Rise demand for soy flour products in baked goods such as cakes and pies
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Influencing Trends | - The growth in Demand of Modified Soya Flour
- Increasing Popularity for Ready-To-Eat Meals
- Organic Soy Framing and Untapped Organic Food
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Restraints | - Price Fluctuation of Soybeans
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Road Blocks / Challenges | - Soy Protein Allergies and Substitutive Protein Sources May Curb the market
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Gaps & Opportunities | - Increasing demand from the Food & Beverages Industry in Emerging Economies
- Surging Demand for Gluten-Free Products
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The Soya Flour market study is being classified by Type (Natural, or full-fat, Low-fat and Defatted), by Application and major geographies with country level break-up.
Cargill and Archer Daniels Midland have formally introduced SoyVenTM their novel JV to offer soybean oil and meal for customers in Egypt.SunOpta Inc. has strategically sold its specialty and organic soy and corn business to Pipeline Foods, LLC for 66.5MN. Analysts at AMA predicts that Vendors from United States, Canada will contribute to the maximum growth of Global Soya Flour market throughout the predicted period.
ADM (United States), The Scoular Company (United States), Sunopta (Canada), Anchor Ingredients (United States), Cargill (United States), EHL Limited (United Kingdom), Batory Foods (United States), Diefenbaker Spice & Pulse (Canada), Blue Ribbon (United States), Great Western Grain (Canada) and Bean Growers Australia (Australia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are CHS Inc. (United States), Danisco (Denmark), Soja Austria (Austria), Sojaprotein (Serbia), Xiangchi (China), Sakthi Soyas (India) and Archer Daniels Midland.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Soya Flour market by Type, Application and Region.
On the basis of geography, the market of Soya Flour 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).
In October 2020, The Patanjali natural biscuits business was acquired by Ruchi soya for an amount of 8 million USD. and In July 2021. The sojaprotein a leading non-GMO soy ingredients provider in Europe has been acquired by archer daniels midland company.
Key Target Audience
Raw Material Producers, Suppliers, and Distributors, Soybean Processors, Soy Flour Manufacturer, Traders, and dealers, Protein Research Organizations and Others
Soya Flour Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
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