About Soy Protein Concentrate
Soy protein concentrate (SPC) is one of the products generated on the processing of mature soybeans. These concentrates are manufactured by treating the white soya mix with alcohol extraction. This process eliminates the soluble carbohydrates and significantly minimizes the ranges of glycinin, B-conglycinin, saponins, lectins, glycinin, oligosaccharides and trypsin inhibitors which are considered to be anti-nutritional factors (ANF’s) in regular soybean meal. High-quality soybeans are selected and cleaned to produce SPCs. Numerous health advantages for soy protein concentrate and increasing prevalence of vegan food supplements will lead to generating significant demand for soy protein concentrates over the forecasted period.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The Vendors having a strong hold in the market are Shandong Yuxin Bio-Tech, Agricultural Development Group, Cargill, Siping Hongzui Cement, Yuwang Group. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Soy Protein Concentrate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shandong Yuxin Bio-Tech (China), Tiancheng Agricultural Development Group (China), Cargill, Incorporated (United States), Siping Hongzui Cement Co., Ltd. (China), Yuwang Group (Malaysia), Dow Chemical Company (United States), IMCOPA (Brazil), Gushen Biological Technology Group Co.Ltd. (China), Qinhuangdao Goldensea Grain and Oil Industry Co. Ltd. (China) and Shandong Wonderful Industrial Group Co. Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Henan Julong Biological Engineering Co. Ltd. (China), Archer Daniels Midland Company (ADM) (United States) and SOJAPROTEIN ad Becej (Serbia).
Segmentation Overview
AMA Research has segmented the market of Global Soy Protein Concentrate market by Type (Dry and Liquid), Application (Animal Feed, Meat Processing, Bakery and Confectionary and Other Applications) and Region.
On the basis of geography, the market of Soy Protein Concentrate 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 Amercia region held largest market share in the year 2024. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Function, the sub-segment i.e. Nutrients will boost the Soy Protein Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Process, the sub-segment i.e. Aqueous Alcohol Washing Process will boost the Soy Protein Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Number of Protein Supplements and Rising Global Health Conscious People Leading to Increased Demand
Market Growth Drivers:
Upsurging Demand for Vegan Protein Supplements and Helps in Absorbing Number of Human Body Water and Fats
Challenges:
Number of Side Effects Associated with Overconsumption of Soy Protein
Restraints:
Comparatively Expensive Packaged Food Concentrates than Other Dietary Supplements and Lack of Awareness from the Underdeveloped Economies
Opportunities:
Increasing Application of Say Food Protein Concentrates for Animals and Continued R&D and Manufacturing Process Enhancements in Soy Protein Concentrate
Recently, ADM has invested in Production of Non-GMO High-protein Soybean Meal. This investment is expected to fulfill Europe demand and to increase soybean protein products portfolio. It will also assist to farmers for increasing regions soybean output.
Key Target Audience
Soy Protein Concentrate Manufacturers, Soy Protein Concentrate Distributors and Traders, Food Supplement Regulations, Food and Beverage Industry Associations, Government Agencies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.