According to a new market report by Lucintel, the future of the organic soy protein market looks promising with opportunities in the functional foods, infant formula, bakery and confectionery, meat alternatives, and dairy alternative applications. The organic soy protein market is expected to grow with a CAGR of 12% from 2019 to 2024. The major drivers for this market are rising health concern, increasing demand for organic products, high nutritional value of soy, and rising awareness among consumers about the side effects of consuming unhealthy foods.
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In this market, soy protein concentrates, soy protein isolates, and soy protein flour are the major product segment. Soy protein concentrates is the largest product segment of the organic soy protein market.
North America will remain the largest region over the forecast period due to speedy growth in urban lifestyle.
Harvest Innovations, World Food Processing, Devansoy, The Scoular Company, SunOpta, FRANK Food Products, Hodgson Mill, Agrawal Oil & BioCheam, Biopress, and Natural Products are among the major manufacturers of organic soy protein market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the organic soy protein market by product, form, application, and region. Lucintel has prepared a comprehensive research report entitled "Organic Soy Protein Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the organic soy protein market by product, form, application, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
Soy Protein Concentrates
Soy Protein Isolates
Soy Protein Flour
Others
By Product Form [$M shipment analysis for 2013 – 2024]:
Powder
Concentrated
Isolated
By Product State [$M shipment analysis for 2013 – 2024]:
By Application [$M shipment analysis for 2013 – 2024]:
Functional Foods
Infant Formula
Bakery And Confectionery
Meat Alternatives
Dairy Alternatives
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia-Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/organic-soy-protein-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.