Soybean Polysaccharides Market Scope
Soybean polysaccharide is a class of soluble polysaccharide derived from soybean cotyledon, soybean meal or okara, and has mostly been used in the food industry. In recent decades, owing to its attractive physicochemical properties, it has been developed into various emulsifiers or stabilizers for beverages. Additionally, it’s potential in biomaterial and biological applications. Notably, soybean polysaccharide-based food additives have been demonstrated to add value in biological applications due to their anticancer and immunoregulatory effects, encouraging us to use soybean polysaccharide directly in the area of biomedicine.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Fuji Oil Asia Pte. Ltd. (Singapore), Nutra Food Ingredients (United States), IPS-Ingredis (Switzerland), DuPont Nutrition & Biosciences (Denmark), EFOS GmbH (Germany), IMCOPA (Brazil), Shandong Wonderful Industrial Group Co. Ltd. (China), Gushen Biological Technology Group Co.Ltd. (China) and Shandong Yuxin Bio-Tech (China) |
CAGR | 3.3% |
Leading key players of Soybean Polysaccharides are focusing on strategic partnerships to improve their products and services and also focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that Chinese Vendors will contribute to the maximum growth of Global Soybean Polysaccharides market throughout the predicted period.
Fuji Oil Asia Pte. Ltd. (Singapore), Nutra Food Ingredients (United States), IPS-Ingredis (Switzerland), DuPont Nutrition & Biosciences (Denmark), EFOS GmbH (Germany), IMCOPA (Brazil), Shandong Wonderful Industrial Group Co. Ltd. (China), Gushen Biological Technology Group Co.Ltd. (China) and Shandong Yuxin Bio-Tech (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Soybean Polysaccharides market by Type , by Application (Food Emulsifier, Antioxidant, Immunoregulation, Antimicrobial and Food Package Film) and Region with country level break-up.
On the basis of geography, the market of Soybean Polysaccharides 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In November 2021, Archer Daniels Midland (ADM) announced the acquisition of soy ingredients firm Sojaprotein to meet the increasing demand for plant-based products among consumers. Sojaprotein is a provider of a large range of non-GMO vegetable protein ingredients across 65 countries. with the acquisition, the main aim of ADM is to offer new protein solutions for its customers and expand its business.
Influencing Trend:
Rising Use of Soybean Polysaccharides in Biomedicine
Market Growth Drivers:
Increasing Demand from End-Use Applications and Benefits Offered by Soybean Polysaccharides
Challenges:
Side Effects of Soybean Polysaccharides on Health
Restraints:
Fluctuations in Commodity Prices
Opportunities:
Increasing Demand from Emerging Market
Key Target Audience
Soybean Polysaccharides Providers, Suppliers of Raw Materials, Food Industry, Governmental Bodies and Research Firms