Textured Soy Protein Market
Textured Soy Protein Market Analysis by Soy Protein Concentrate and Soy Protein Isolates in Chunks, Slices, Flakes, and Granules from 2023 to 2033
Analysis of Textured Soy Protein Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Textured Soy Protein Market Outlook (2023 to 2033)
According to the latest market study by Fact.MR, the global textured soy protein market is predicted to increase from a valuation of US$ 1.13 billion in 2023 to US$ 2.13 billion by 2033. Worldwide consumption of textured soy protein is forecasted to rise at a value CAGR of 6.5% from 2023 to 2033.
Defatted soy flour is used to create textured soy protein, usually referred to as a textured vegetable protein. Defatted soy flakes, which are obtained by squeezing oil from soybeans, are crushed to create defatted soy flour. With its high protein level, textured soy protein is utilized as a meat substitute or extender.
Textured vegetable protein has a protein content and vital muscle-building properties that range from 50% to 85% in terms of concentration. Texturized vegetable protein stands out when compared to other protein sources since it is environmentally friendly.
Consumer awareness about healthy lifestyles and the benefits of nutritional food is rising, causing them to gravitate towards natural food products, which is boosting market growth. The market is also witnessing a healthy growth rate due to an increase in demand from various end-use industries such as dairy alternatives, bakeries, and others.
- Conventional textured soy protein accounts for 68% of the global market. The majority of products in the food industry are generated by utilizing commodity crops and traditional agricultural processes, such as soybean farming.
- According to The National Soybean Research Laboratory (NSRL) of the University of Illinois, the soybean plant provides the complete protein required for the human body. Thus, the nutritional properties of soybeans are driving demand for textured soy protein among health-conscious consumers.
Demand for health supplements in daily life to combat escalating health concerns is driving sales of textured soy protein globally. Natural textured soy protein is derived from organic soy in various forms, such as concentrates, isolates, and others, and is widely used in snacks, meat substitutes, and nutritional supplements.
Sales of textured soy protein chunks are rising due to their applications in various end-use industries such as meat substitutes, bakery products, and cereals & snacks. Organically textured soy protein chunks are also gaining traction due to their richness in protein and other nutritious minerals. These take considerably less time to cook and are popularly used in mid-day meal programs.
| Report Attributes | Details |
|---|---|
|
Textured Soy Protein Market Size (2023) |
US$ 1.13 Billion |
|
Forecasted Market Value (2033) |
US$ 2.13 Billion |
|
Global Market Growth Rate (2023 to 2033) |
6.5% CAGR |
|
Market Share of Soy Protein Isolates (2023) |
59% |
|
South Korea Market Growth Rate (2023 to 2033) |
5.4% CAGR |
|
United Kingdom Market Growth Rate (2023 to 2033) |
5.8% CAGR |
|
China Market Size (2023) |
US$ 180 Million |
|
United States Market Growth Rate (2023 to 2033) |
7% CAGR |
|
Market Share of Conventional Textured Soy Protein (2023) |
68% |
|
Key Companies Profiled |
|
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What is Unlocking Future Opportunities for Textured Soy Protein Producers?
“Rising Vegetarianism, Veganism, and Demand for Plant-based Protein”
Growing trend of health-conscious foods and customer interest in plant-based protein have influenced the market. In recent years, vegetarianism has grown in popularity. The product's importance in reducing the incidence of heart disease, osteoporosis, and some types of cancer is of particular relevance. Due to the product’s high protein content and adaptability in the development of meat analogs and milk substitutes, textured soy protein is a nutritious solution for vegetarians.
For vegans and vegetarians, soybeans are a great source of high-quality protein since they include all the amino acids that are missing from other plant-based diets. As a result, soy is referred to as a "complete protein." The consumption of textured soy protein will probably rise due to the numerous health benefits, leading to market growth.
“Growing Consumer Focus on Protein-rich Food Products”
The market is fueled by rising consumer demand for protein-rich foods. Due to customers' preference for low-carb and low-fat foods as a result of growing health consciousness, product demand is rising. The market is anticipated to increase over the projection period due to the constantly expanding trend of physical fitness and healthy living. Due to a busy lifestyle, there is forecasted to be an increase in demand for ready-to-eat (RTE) food products
Rising demand for functional beverages is a recent trend that has been particularly effective in shaping the market. The demand for these beverages, which mostly include textured soy protein, is closely related to the expansion of the market. Because of consumer's hectic lifestyles, there is also a growing need for ready-to-eat or on-the-go food products, which is boosting market expansion to new heights.
Which Factors are Limiting Textured Soy Protein Market Growth?
“Unpleasant Flavor of Textured Soy Protein and Availability of Substitutes”
Market expansion is hampered by elements such as the unpleasant flavor of textured soy protein and the accessibility of alternatives. Strict regulations for genetically modified crops such as GMO soybean can slow market growth. Throughout the forecast period, the market would face difficulties due to lower awareness.
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How Can New Market Players Settle Down in this Industry?
“Start-ups Using Textured Soy Protein to Produce Animal Feed Products”
Wild fish is typically present in high concentrations in aquaculture diets. This, however, does not support marine ecosystem sustainability since it results in overfishing, habitat loss, and water pollution. Start-ups are using plant protein ingredients such as soybeans to provide sustainable ingredients for fish and animal feed to address these concerns. In addition to fostering fish growth, soy protein is a rich source of omega-3 fatty acids that also aid in the growth of livestock.
- Nordic Soya, a Finnish start-up, creates fish and animal feed based on soy protein. The method uses ethanol extraction to concentrate the protein in soybean meal by removing the sugar, oligosaccharides, and antinutritional components. This soy protein concentrate is used in the formulation of feed products. Young animals with sensitive digestive systems, such as piglets, calves, and fish, benefit greatly from the concentrate's high protein content.
Country-wise Insights
Why is the United States a Key Market in North America?
“Rapid Increase in Vegan Population in the Country”
- The market in the United States is slated to reach US$ 599.3 million by 2033.
The United States is a leader in the vegan movement. In the country, the vegan population is between the age of 30 and 49. The United States Department of Agriculture (USDA) researched meat stews, barbecue sauces, and meat sauces to develop labeling guidelines for the use of textured soy protein based on the ratio of fresh meat to dried soy equivalent in the product formula. The medical industry is greatly impacted by plant-based diets since many hospitals are substituting vegan meals for processed meat products.
How Will the Textured Soy Protein Market Expand in the United Kingdom?
“Rapid Expansion of Food & Beverage Industry”
- Demand for textured soy protein in the United Kingdom is valued at US$ 89.4 million in 2023.
Surging popularity of non-dairy foods and beverages in the United Kingdom is also estimated to drive demand for soy products. A rise in fitness centers due to consumers' increasing health awareness, is predicted to spur demand for functional meals and drinks throughout the projection period. Domestic demand for textured soy protein is rising as a result of the rapid expansion of the food and beverage industry.
What is Driving Sales of Textured Soy Protein in China?
“Rising Soybean Production Boosting Market Demand”
- Sales of textured soy protein in China are estimated to rise at a CAGR of 6.8% through 2033.
Protein processing firms in China are fast expanding as more players enter the market intending to capture a market share. Rapidly expanding demand for textured vegetable protein products among health-conscious consumers in the country is one of the major drivers for the market.
Growing usage of textured soy protein in animal feed products, rising soybean production, and greater awareness of the health benefits of soybeans are supporting market growth. Market expansion is driven by increasing exports and regional production of goods containing protein.
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Category-wise Insights
Why Do Soy Protein Isolates Occupy a Major Share of the Market?
“Textured Soy Protein Isolates Widely Included in Animal Diets Due to Their Health Benefits”
Based on product type, the market is classified into soy protein concentrate, soy protein isolates, and others.
- At present, soy protein isolates are the most sought-after, holding 59% market share.
An increase in demand from aquaculture companies for soy protein isolates is anticipated to boost the global market. The health benefits of adding textured soy protein isolates to animal diets have been discovered by livestock producers, which is projected to drive revenue from soy protein isolates. Aquaculture manufacturers are looking for more efficient and long-term solutions to raise healthy species to meet rising market requirements where population and food scarcity are increasing.
Competitive Landscape
Researcher's efforts to develop novel and alluring tastes for soy products are motivated by soy's affordable cost and good nutritional value. By adding sugar molecules, researchers are attempting to discover a technique to reduce the unpleasant flavor either during the extraction phase or during the processing stage.
Leading companies are expanding their production capacities to meet the increasing demand for high-quality soy protein. They are focusing on quality control, product standards, and supply chain management to increase their market revenue.
For instance :
- In 2018, Roquette Frères expanded the Food Customer Technical Service Centre (CTS) in Tokyo in response to rising demand for plant-based protein in Japan and other Asian markets.
- In 2019, ADM expanded its production line in Brazil by building a new soy protein production unit. The unit produces a variety of functional protein isolates and concentrates for ADM's current products.
- In 2020, ADM increased its production of non-GMO vegetable protein to cater to emerging demand for non-GMO soy protein, at its Europoort, Netherlands facility.
- CHS Inc., Ultra-Soy® textured vegetable proteins are certified Kosher Pareve under the supervision of the Union of Orthodox Jewish Congregations of America, and Halal under the supervision of the Islamic Food and Nutrition Council of America (IFANCA).
Key Segments of Textured Soy Protein Industry Research
-
By Product Type :
- Soy Protein Concentrate
- Soy Protein Isolates
- Others
-
By Nature :
- Organic
- Conventional
-
By Form :
- Chunks
- Slices
- Flakes
- Granules
-
By Application :
- Meat Substitutes
- Dairy Alternatives
- Infant Nutrition
- Bakery Products
- Cereals & Snacks
- Animal Feed
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Summary of Key Findings 1.4. Fact.MR Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Product Innovation and Development Trends 3.1. Cultural Customization to Target Specific Populations and Ethnic Groups 3.2. Creating New Delivery Mechanisms 3.3. Shift towards Natural Ingredients 3.4. Brand Differentiation through Packaging 4. Market Background and Associated Industry Analysis 4.1. Macro-Economic Factors 4.1.1. Increased Production of Soybean 4.1.2. PCC Expenditure 4.1.3. Increased Retail Sales 4.1.4. Increased Import/Export of Soybean Products 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunity 4.2.4. Trends 4.3. Forecast Factors - Relevance & Impact 4.3.1. Fluctuation in Raw Material Price 4.3.2. Demand for Ethical and Sustainable Products 4.3.3. Rising Demand for Organic Products 4.3.4. Local Food Movement 4.4. Value Chain Analysis 4.4.1. Supply Chain Analysis 4.4.1.1. List of Raw Material Suppliers 4.4.1.2. List of End User 4.4.1.3. Distributors/Suppliers/Wholesalers 5. Policy and Regulatory Landscape 5.1. Dietary Supplement Health and Education Act (DSHEA) 5.2. Federal Food & Cosmetics Act 5.3. Europe Food & Safety Authority 5.4. State Food and Drug Administration (SFDA) 5.5. Foods for Specified Health Uses 5.6. FSSAI 5.7. Food Packaging Claims 5.8. Labelling and Claims 5.9. Import/Export Regulations 6. Global Market Demand Analysis 2018-2022 and Forecast, 2023-2033 6.1. Historical Market Value (US$ Mn) and Volume (Metric Tons) Analysis, 2018-2022 6.2. Current and Future Market Value (US$ Mn) and Volume (Metric Tons) Projections, 2023-2033 6.3. Y-o-Y Growth Trend Analysis 7. Global Market - Pricing Analysis 7.1. Regional Pricing Analysis (US$/Metric Tons) By Nature 7.1.1. Manufacturer Level Pricing 7.1.2. Distributor Level Pricing 7.2. Global Average Pricing Analysis Benchmark 7.3. Pricing Influencing Factors 8. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Product Type 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2018-2022 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2023-2033 8.3.1. Soy protein concentrates 8.3.2. Soy protein isolates 8.3.3. Others 8.4. Market Attractiveness Analysis By Product Type 9. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Nature 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature, 2018-2022 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2023-2033 9.3.1. Organic 9.3.2. Conventional 9.4. Market Attractiveness Analysis By Nature 10. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Form 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2018-2022 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2023-2033 10.3.1. Chunks 10.3.2. Slices 10.3.3. Flakes 10.3.4. Granules 10.4. Market Attractiveness Analysis By Form 11. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Application 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) and Volume Analysis By application, 2018-2022 11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2023-2033 11.3.1. Animal Feed 11.3.2. Bakery products 11.3.3. Cereals & snacks 11.3.4. Dairy alternatives 11.3.5. Infant nutrition 11.3.6. Meat substitutes 11.3.7. Other Application 11.4. Market Attractiveness Analysis By Application 12. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2018-2022 12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2023-2033 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018-2022 and Forecast 2023-2033 13.1. Introduction 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Product Type 13.3.3. By Nature 13.3.4. By Form 13.3.5. By Application 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Product Type 13.4.3. By Nature 13.4.4. By Form 13.4.5. By Application 13.5. Drivers and Restraints - Impact Analysis 14. Latin America Market Analysis 2018-2022 and Forecast 2023-2033 14.1. Introduction 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Product Type 14.3.3. By Nature 14.3.4. By Form 14.3.5. By Application 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Product Type 14.4.3. By Nature 14.4.4. By Form 14.4.5. By Application 14.5. Drivers and Restraints - Impact Analysis 15. Europe Market Analysis 2018-2022 and Forecast 2023-2033 15.1. Introduction 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Benelux 15.3.1.7. Russia 15.3.1.8. Poland 15.3.1.9. Rest of Europe 15.3.2. By Product Type 15.3.3. By Nature 15.3.4. By Form 15.3.5. By Application 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Product Type 15.4.3. By Nature 15.4.4. By Form 15.4.5. By Application 15.5. Drivers and Restraints - Impact Analysis 16. East Asia Market Analysis 2018-2022 and Forecast 2023-2033 16.1. Introduction 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 16.3.1. By Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.2. By Product Type 16.3.3. By Nature 16.3.4. By Form 16.3.5. By Application 16.4. Market Attractiveness Analysis 16.4.1. By Country 16.4.2. By Product Type 16.4.3. By Nature 16.4.4. By Form 16.4.5. By Application 16.5. Drivers and Restraints - Impact Analysis 17. South Asia Market Analysis 2018-2022 and Forecast 2023-2033 17.1. Introduction 17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 17.3.1. By Country 17.3.1.1. India 17.3.1.2. Thailand 17.3.1.3. Indonesia 17.3.1.4. Malaysia 17.3.1.5. Singapore 17.3.1.6. Rest of South Asia 17.3.2. By Product Type 17.3.3. By Nature 17.3.4. By Form 17.3.5. By Application 17.4. Market Attractiveness Analysis 17.4.1. By Country 17.4.2. By Product Type 17.4.3. By Nature 17.4.4. By Form 17.4.5. By Application 17.5. Drivers and Restraints - Impact Analysis 18. Oceania Market Analysis 2018-2022 and Forecast 2023-2033 18.1. Introduction 18.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 18.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product Type 18.3.3. By Nature 18.3.4. By Form 18.3.5. By Application 18.4. Market Attractiveness Analysis 18.4.1. By Country 18.4.2. By Product Type 18.4.3. By Nature 18.4.4. By Form 18.4.5. By Application 18.5. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033 19.1. Introduction 19.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018-2022 19.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. Turkey 19.3.1.3. South Africa 19.3.1.4. Northern Africa 19.3.1.5. Rest of MEA 19.3.2. By Product Type 19.3.3. By Nature 19.3.4. By Form 19.3.5. By Application 19.4. Market Attractiveness Analysis 19.4.1. By Country 19.4.2. By Product Type 19.4.3. By Nature 19.4.4. By Form 19.4.5. By Application 19.5. Drivers and Restraints - Impact Analysis 20. Market Structure Analysis 20.1. Global Market Competition - a Dashboard View 20.2. Global Market Structure Analysis 20.3. Global Market Company Share Analysis 20.3.1. Company Market Share Analysis of Top 10 Players, By Region 20.3.2. Company Market Share Analysis of Top 10 Players, By Nature 20.4. Key Participants Market Presence (Intensity Mapping) by Region 21. Competition Analysis 21.1. Competition Dashboard 21.2. Competition Benchmarking 21.3. Competition Deep Dive 21.3.1. ROQUETTE FRERES S.A 21.3.1.1. Overview 21.3.1.2. Product Portfolio 21.3.1.3. Key Developments/Key Takeaways 21.3.1.4. Strategy Overview 21.3.1.5. Financial Overview 21.3.2. Archer Daniels Midland Company 21.3.2.1. Overview 21.3.2.2. Product Portfolio 21.3.2.3. Key Developments/Key Takeaways 21.3.2.4. Strategy Overview 21.3.2.5. Financial Overview 21.3.3. DuPont Nutrition & Health 21.3.3.1. Overview 21.3.3.2. Product Portfolio 21.3.3.3. Key Developments/Key Takeaways 21.3.3.4. Strategy Overview 21.3.3.5. Financial Overview 21.3.4. The Good Scents Company 21.3.4.1. Overview 21.3.4.2. Product Portfolio 21.3.4.3. Key Developments/Key Takeaways 21.3.4.4. Strategy Overview 21.3.4.5. Financial Overview 21.3.5. Abbott Nutritionals 21.3.5.1. Overview 21.3.5.2. Product Portfolio 21.3.5.3. Key Developments/Key Takeaways 21.3.5.4. Strategy Overview 21.3.5.5. Financial Overview 21.3.6. Kerry Group Plc. 21.3.6.1. Overview 21.3.6.2. Product Portfolio 21.3.6.3. Key Developments/Key Takeaways 21.3.6.4. Strategy Overview 21.3.6.5. Financial Overview 21.3.7. Friesland Campina 21.3.7.1. Overview 21.3.7.2. Product Portfolio 21.3.7.3. Key Developments/Key Takeaways 21.3.7.4. Strategy Overview 21.3.7.5. Financial Overview 21.3.8. Cargill Inc. 21.3.8.1. Overview 21.3.8.2. Product Portfolio 21.3.8.3. Key Developments/Key Takeaways 21.3.8.4. Strategy Overview 21.3.8.5. Financial Overview 21.3.9. MGP Ingredients 21.3.9.1. Overview 21.3.9.2. Product Portfolio 21.3.9.3. Key Developments/Key Takeaways 21.3.9.4. Strategy Overview 21.3.9.5. Financial Overview 21.3.10. Ingredion Inc. 21.3.10.1. Overview 21.3.10.2. Product Portfolio 21.3.10.3. Key Developments/Key Takeaways 21.3.10.4. Strategy Overview 21.3.10.5. Financial Overview 21.3.11. BENEO GmbH 21.3.11.1. Overview 21.3.11.2. Product Portfolio 21.3.11.3. Key Developments/Key Takeaways 21.3.11.4. Strategy Overview 21.3.11.5. Financial Overview 21.3.12. New Alliance Dye Chem Pvt.Ltd 21.3.12.1. Overview 21.3.12.2. Product Portfolio 21.3.12.3. Key Developments/Key Takeaways 21.3.12.4. Strategy Overview 21.3.12.5. Financial Overview 21.3.13. Solae LLC 21.3.13.1. Overview 21.3.13.2. Product Portfolio 21.3.13.3. Key Developments/Key Takeaways 21.3.13.4. Strategy Overview 21.3.13.5. Financial Overview 21.3.14. Bunge Inc. 21.3.14.1. Overview 21.3.14.2. Product Portfolio 21.3.14.3. Key Developments/Key Takeaways 21.3.14.4. Strategy Overview 21.3.14.5. Financial Overview 21.3.15. Others 22. Assumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 01: Market Value (US$ Mn) and Forecast by Region, 2018-2022
Table 02: Market Value (US$ Mn) and Forecast by Region, 2023-2033
Table 03: Market Volume (Metric Tons) and Forecast by Region, 2018-2022
Table 04: Market Volume (Metric Tons) and Forecast by Region, 2023-2033
Table 05: Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 06: Market Value (US$ Mn) and Forecast by Product type, 2023-2033
Table 07: Market Volume (Metric Tons) and Forecast by Product type, 2018-2022
Table 08: Market Volume (Metric Tons) and Forecast by Product type, 2023-2033
Table 09: Market Value (US$ Mn) and Forecast by Nature,, 2018-2022
Table 10: Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 11: Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 12: Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 13: Market Value (US$ Mn) and Forecast by Form 2018-2022
Table 14: Market Value (US$ Mn) and Forecast by Form 2023-2033
Table 15: Market Volume (Metric Tons) and Forecast by Form 2018-2022
Table 16: Textured Soy ProteinMarket Volume (Metric Tons) and Forecast by Form 2023-2033
Table 17: Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 18: Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 19: Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 20: Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 21: North America Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 22: North America Market Value (US$ Mn) and Forecast by Product type, 2023-2033
Table 23: North America Market Volume (Metric Tons) and Forecast by Product type, 2018-2022
Table 24: North America Market Volume (Metric Tons) and Forecast by Product type, 2023-2033
Table 25: North America Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 26: North America Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 27: North America Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 28: North America Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 29: North America Market Value (US$ Mn) and Forecast by Form, 2018-2022
Table 30: North America Market Value (US$ Mn) and Forecast by Form, 2023-2033
Table 31: North America Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 32: North America Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 33: North America Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 34: North America Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 35: North America Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 36: North America Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 37: Latin America Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 38: Latin America Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 39: Latin America Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 40: Latin America Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 41: Latin America Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 42: Latin America Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 43: Latin America Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 44: Latin America Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 45: Latin America Market Value (US$ Mn) and Forecast by Form 2018-2022
Table 46: Latin America Market Value (US$ Mn) and Forecast by Form 2023-2033
Table 47: Latin America Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 48: Latin America Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 49: Latin America Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 50: Latin America Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 51: Latin America Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 52: Latin America Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 53: Europe Market Value (US$ Mn) and Forecast by Product type 2018-2022
Table 54: Europe Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 55: Europe Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 56: Europe Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 57: Europe Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 58: Europe Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 59: Europe Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 60: Europe Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 61: Europe Market Value (US$ Mn) and Forecast by Form, 2018-2022
Table 62: Europe Market Value (US$ Mn) and Forecast by Form, 2023-2033
Table 63: Europe Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 64: Europe Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 65: Europe Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 66: Europe Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 67: Europe Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 68: Europe Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 69: East Asia Market Value (US$ Mn) and Forecast by Product type 2018-2022
Table 70: East Asia Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 71: East Asia Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 72: East Asia Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 73: East Asia Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 74: East Asia Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 75: East Asia Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 76: East Asia Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 77: East Asia Market Value (US$ Mn) and Forecast by Form, 2018-2022
Table 78: East Asia Market Value (US$ Mn) and Forecast by Form, 2023-2033
Table 79: East Asia Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 80: East Asia Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 81: East Asia Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 82: East Asia Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 83: East Asia Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 84: East Asia Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 85: South Asia Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 86: South Asia Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 87: South Asia Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 88: South Asia Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 89: South Asia Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 90: South Asia Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 91: South Asia Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 92: South Asia Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 93: South Asia Market Value (US$ Mn) and Forecast by Form 2018-2022
Table 94: South Asia Market Value (US$ Mn) and Forecast by Form 2023-2033
Table 95: South Asia Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 96: South Asia Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 97: South Asia Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 98: South Asia Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 99: South Asia Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 100: Oceania Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 101: Oceania Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 102: Oceania Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 103: Oceania Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 104: Oceania Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 105: Oceania Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 106: Oceania Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 107: Oceania Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 108: Oceania Market Value (US$ Mn) and Forecast by Form 2018-2022
Table 109: Oceania Market Value (US$ Mn) and Forecast by Form 2023-2033
Table 110: Oceania Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 111: Oceania Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 112: Oceania Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 113: Oceania Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 114: Oceania Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Table 115: Oceania Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Table 116: MEA Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Table 117: MEA Market Value (US$ Mn) and Forecast by Product type 2023-2033
Table 118: MEA Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Table 119: MEA Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Table 120: MEA Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Table 121: MEA Market Value (US$ Mn) and Forecast by Nature, 2023-2033
Table 122: MEA Market Volume (Metric Tons) and Forecast by Nature, 2018-2022
Table 123: MEA Market Volume (Metric Tons) and Forecast by Nature, 2023-2033
Table 124: MEA Market Value (US$ Mn) and Forecast by Form 2018-2022
Table 125: MEA Market Value (US$ Mn) and Forecast by Form 2023-2033
Table 126: MEA Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Table 127: MEA Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Table 128: MEA Market Value (US$ Mn) and Forecast by Application, 2018-2022
Table 129: MEA Market Value (US$ Mn) and Forecast by Application, 2023-2033
Table 130: MEA Market Volume (Metric Tons) and Forecast by Application, 2018-2022
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List Of Figures
Figure 01: Market Value (US$ Mn) and Forecast by Region, 2018-2022
Figure 02: Market Value (US$ Mn) and Forecast by Region, 2023-2033
Figure 03: Market Volume (Metric Tons) and Forecast by Region, 2018-2022
Figure 04: Market Volume (Metric Tons) and Forecast by Region, 2023-2033
Figure 05: Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 06: Market Value (US$ Mn) and Forecast by Product type, 2023-2033
Figure 07: Market Volume (Metric Tons) and Forecast by Product type, 2018-2022
Figure 08: Market Volume (Metric Tons) and Forecast by Product type, 2023-2033
Figure 09: Market Value (US$ Mn) and Forecast by Nature, 2018-2022
Figure 10: Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 11: Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 12: Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 13: Market Value (US$ Mn) and Forecast by Form 2018-2022
Figure 14: Market Value (US$ Mn) and Forecast by Form 2023-2033
Figure 15: Market Volume (Metric Tons) and Forecast by Form 2018-2022
Figure 16: Textured Soy ProteinMarket Volume (Metric Tons) and Forecast by Form 2023-2033
Figure 17: Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 18: Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 19: Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 20: Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 21: North America Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 22: North America Market Value (US$ Mn) and Forecast by Product type, 2023-2033
Figure 23: North America Market Volume (Metric Tons) and Forecast by Product type, 2018-2022
Figure 24: North America Market Volume (Metric Tons) and Forecast by Product type, 2023-2033
Figure 25: North America Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 26: North America Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 27: North America Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 28: North America Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 29: North America Market Value (US$ Mn) and Forecast by Form, 2018-2022
Figure 30: North America Market Value (US$ Mn) and Forecast by Form, 2023-2033
Figure 31: North America Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 32: North America Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 33: North America Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 34: North America Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 35: North America Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 36: North America Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 37: Latin America Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 38: Latin America Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 39: Latin America Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 40: Latin America Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 41: Latin America Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 42: Latin America Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 43: Latin America Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 44: Latin America Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 45: Latin America Market Value (US$ Mn) and Forecast by Form 2018-2022
Figure 46: Latin America Market Value (US$ Mn) and Forecast by Form 2023-2033
Figure 47: Latin America Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 48: Latin America Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 49: Latin America Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 50: Latin America Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 51: Latin America Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 52: Latin America Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 53: Europe Market Value (US$ Mn) and Forecast by Product type 2018-2022
Figure 54: Europe Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 55: Europe Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 56: Europe Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 57: Europe Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 58: Europe Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 59: Europe Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 60: Europe Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 61: Europe Market Value (US$ Mn) and Forecast by Form, 2018-2022
Figure 62: Europe Market Value (US$ Mn) and Forecast by Form, 2023-2033
Figure 63: Europe Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 64: Europe Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 65: Europe Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 66: Europe Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 67: Europe Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 68: Europe Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 69: East Asia Market Value (US$ Mn) and Forecast by Product type 2018-2022
Figure 70: East Asia Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 71: East Asia Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 72: East Asia Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 73: East Asia Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 74: East Asia Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 75: East Asia Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 76: East Asia Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 77: East Asia Market Value (US$ Mn) and Forecast by Form, 2018-2022
Figure 78: East Asia Market Value (US$ Mn) and Forecast by Form, 2023-2033
Figure 79: East Asia Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 80: East Asia Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 81: East Asia Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 82: East Asia Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 83: East Asia Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 84: East Asia Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 85: South Asia Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 86: South Asia Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 87: South Asia Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 88: South Asia Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 89: South Asia Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 90: South Asia Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 91: South Asia Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 92: South Asia Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 93: South Asia Market Value (US$ Mn) and Forecast by Form 2018-2022
Figure 94: South Asia Market Value (US$ Mn) and Forecast by Form 2023-2033
Figure 95: South Asia Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 96: South Asia Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 97: South Asia Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 98: South Asia Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 99: South Asia Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 100: Oceania Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 101: Oceania Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 102: Oceania Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 103: Oceania Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 104: Oceania Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 105: Oceania Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 106: Oceania Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 107: Oceania Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 108: Oceania Market Value (US$ Mn) and Forecast by Form 2018-2022
Figure 109: Oceania Market Value (US$ Mn) and Forecast by Form 2023-2033
Figure 110: Oceania Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 111: Oceania Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 112: Oceania Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 113: Oceania Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 114: Oceania Market Volume (Metric Tons) and Forecast by Application, 2018-2022
Figure 115: Oceania Market Volume (Metric Tons) and Forecast by Application, 2023-2033
Figure 116: MEA Market Value (US$ Mn) and Forecast by Product type, 2018-2022
Figure 117: MEA Market Value (US$ Mn) and Forecast by Product type 2023-2033
Figure 118: MEA Market Volume (Metric Tons) and Forecast by Product type 2018-2022
Figure 119: MEA Market Volume (Metric Tons) and Forecast by Product type 2023-2033
Figure 120: MEA Market Value (US$ Mn) and Forecast by Nature 2018-2022
Figure 121: MEA Market Value (US$ Mn) and Forecast by Nature 2023-2033
Figure 122: MEA Market Volume (Metric Tons) and Forecast by Nature 2018-2022
Figure 123: MEA Market Volume (Metric Tons) and Forecast by Nature 2023-2033
Figure 124: MEA Market Value (US$ Mn) and Forecast by Form 2018-2022
Figure 125: MEA Market Value (US$ Mn) and Forecast by Form 2023-2033
Figure 126: MEA Market Volume (Metric Tons) and Forecast by Form, 2018-2022
Figure 127: MEA Market Volume (Metric Tons) and Forecast by Form, 2023-2033
Figure 128: MEA Market Value (US$ Mn) and Forecast by Application, 2018-2022
Figure 129: MEA Market Value (US$ Mn) and Forecast by Application, 2023-2033
Figure 130: MEA Market Volume (Metric Tons) and Forecast by Application, 2018-2022
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- FAQs -
What is the value of the textured soy protein market?
The global textured soy protein market is valued at US$ 1.13 billion in 2023.
What is the forecasted valuation of the market for 2033?
Demand for textured soy protein is predicted to reach US$ 2.13 billion by 2033.
At what pace will textured soy protein demand rise?
The market for textured soy protein is projected to rise at a CAGR of 6.5% through 2033.
What is the current size of the market in South Korea?
In 2023, the market in South Korea stands at a value of US$ 46.4 million.
What is the growth outlook for textured soy protein in Japan?
The market in Japan is set to increase at a CAGR of 4.1% from 2023 to 2033.
Textured Soy Protein Market