Textured Soy Protein Market 2023-2032: Outlook, Growth, And Demand

Textured Soy Protein Market Segments

The Business Research Company segments it’s textured soy protein market report as:

By Type

By Source

By Application

Non-GMO, Conventional, Organic

Soy Protein Concentrates, Soy Protein Isolates, Soy Flour

Food, Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery

Market Statistics

The global textured soy protein market size grew from $2.55 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%.

The textured soy protein market size is expected to grow to $4.17 billion in 2027 at a CAGR of 10.0%.

Global Textured Soy Protein Market Size Forecast To 2032

Key Market Drivers And Trends

Drivers

Increasing demand for protein-rich foods across the globe is expected to propel the growth of the textured soy protein market

Trends

Increasing investments have emerged as the key trend gaining significant popularity in the textured soy protein market.

Region

North America was the largest region in the textured soy protein market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the textured soy protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Market Players

Major players in the textured soy protein market are:

▪ Archer Daniels Midland Company

▪ Bremil Group

▪ Cargill Incorporated

▪ Crown Soya Protein Group

▪ Sonic Biochem Extractions Ltd

▪ And more.

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