Global Modified Soya Flour Market Overview:
Soybean is a good source of protein for vegans. Because of its strong functional properties in food applications, high nutritional value, availability, and low cost, soy proteins are becoming more common. Soy protein is a protein derived from soybeans. Soy flour concentrates, and isolates are three types of high protein products made from defatted soybeans. Soy protein's prominence has risen recently as a result of its use in healthy food items. Modified Soya Flour can also be used to add protein and crunch to nutrition bars and snacks. Modified Soya Flour has also found its application in replacing some of the parts of the meat in the diet. With the increasing cost-effectiveness of Modified Soya Flour, the demand is also increasing.
As per latest study released by AMA Research, the Global Modified Soya Flour market is expected to see growth rate of 5.14%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
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 |
Influencing Trend:
Adoption of Modified Soya Flour as An Alternative to Poultry Products and Introduction of Modified Soya Flour by Manufacturer in Food Products to Increase Its Nutritional Value
Market Growth Drivers:
Increasing Number of Vegan People Around the World and Growing Consumption of Protein for Muscle Building
Challenges:
Dependence of Quality of Soyabean For Production of Modified Soya Flour and Inclusion of Modified Soya Flour in Food Products May Increase Its Price
Restraints:
Availability of Alternatives to Modified Soya Flour
Opportunities:
Increasing Preference for Gluten-Free Products Will Boost the Demand of Modified Soya Flour and Growing Consumption of Modified Soya Flour by Developed Economies
Competitive Landscape:
Leading crane and hoist players are focusing on strategic partnerships and acquisition to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings worldwide.
Some of the key players profiled in the report are Cargill (United States), ADM (United States), The Scoular Company (United States), The Hain Celestial (United States), General Mills (United States), Parrish and Heimbecker (Canada), ITC (India), The Caremoli (United States), Ingredion (United States), Bunge (United States) and Adani Wilmar (India). Analyst at AMA Research see Global Vendors to retain maximum share of Global Modified Soya Flour market by 2030. Considering Market by Sales Channel, the sub-segment i.e. Retail Stores will boost the Modified Soya Flour market. Considering Market by Product, the sub-segment i.e. Activated Carbon will boost the Modified Soya Flour market.
Latest Market Insights:
In October 2023, AAK partnered with Arzeda to transform oils with enzymes. The protein designer, who has worked with BP and Unilever, has long wanted to use its processes to help make the food industry more sustainable and efficient, said CEO Alexandre Zanghellini.
In March 2021, Adani Wilmar is planning an initial public offering (IPO) worth Rs 5,000 crore (IPO). The company that makes edible oils and nutritional ingredients have already hired investment banks and legal counsel to help with the upcoming IPO. The joint venture between Adani Enterprises Ltd and Wilmar International Ltd intends to collect funds by selling new shares as well as the JV partners' existing shares. When the IPO goes live, Adani Wilmar will become the Adani group's seventh company to be listed on a national exchange.
According to East African Standards, The Edible Soya Flour shall a) be characteristic of the colour of soya bean from which they were prepared b) not contain any foreign matter, live insects and filth c) be free from fermented musty or other objectionable odour and colours and d) be wholesome and fit for human consumption in all aspects.
What Can be Explored with the Modified Soya Flour Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Modified Soya Flour Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Modified Soya Flour
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Modified Soya Flour market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Modified Soya Flour market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Modified Soya Flour Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.