-- Global Soy Protein Market 2019-2024
Soy protein is a protein that is isolated from soybean. It is made from soybean meal that has been dehulled and defatted. Dehulled and defatted soybeans are processed into different kinds of high protein commercial products: soy flour, concentrates, isolates and soy flour.
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The industry is highly fragmented in terms of products, end uses and suppliers, but its markets can broadly be categorized as food industry and feed industry. Processed meat product, dairy replacement, and confectionery are important applications in food & beverage applications. Until 2016, China overall was the dominant producer and exporter of soy protein concentrate, but USA and Europe remained their stable position in global market. Leading players in soy protein industry are ADM, Cargill, CHS, DuPont, Yuwang Group, Gushen Biological Technology Group, Sojaprotein etc.
In the report, our data covered Soy Protein Concentrate, Soy Protein Isolate, Textured Soy Protein and Soy Flour. In the four products, Soy Flour occupies the largest market share due to the cheap price and simple production process. Soy Protein Isolate has a high price. In the TSP market, ADM, DuPont, Sojaprotein and Shandong Yuxin Bio-Tech are the main participants. In the Soy Flour market, ADM, Cargill and CHS hold an absolute market share. In the SPC market, ADM, DuPont, Gushen Group, Tiancheng Group and Yuwang Group are market leaders. In the SPI market, ADM and CHS are market leaders.
A key variable in the performance of soy protein producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of soy protein include soybean, alcohol and hydrochloric acid. This injects short-term volatility into margins and stock prices.
The worldwide market for Soy Protein is expected to grow at a CAGR of roughly 7.0% over the next five years, will reach 10700 million US$ in 2024, from 7140 million US$ in 2019, according to a new GIR (Global Info Research) study.
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This report covers Analysis of Global Soy Protein Market Segment by Manufacturers
ADM
Cargill
CHS
DuPont
Yuwang Group
Gushen Group
Sojaprotein
Tiancheng Group
Wonderful Industrial Group
Scents Holdings
Goldensea Industry
Shansong Biological Products
FUJIOIL
IMCOPA
Shandong Sanwei
Hongzui Group
MECAGROUP
Sonic Biochem
Henan Fiber Source
Global Soy Protein Market Segment by Type
Soy Protein Concentrate
Soy Protein Isolate
Textured Soy Protein
Soy Flour
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Global Soy Protein Market Segment by Applications, can be divided into
Processed Meat Products
Bakery and Confectionary
Beverage
Animal Feed
Others
Global Pea Protein Market 2019-2024
Pea protein is a food with a neutral taste that is used in dairy alternatives such as cheeses and yogurt. It is extracted from the yellow pea, Pisum sativum, and has a typical legume amino acid profile.
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The pea protein industry has developed rapidly recent years, and the industry concentration is very high due to the high technology barrier. The global leaders are Roquette, and Cosucra. The production of the manufacturers listed in the report occupied for over 85% market share of global in 2016. The key players include Emsland Group, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Oriental Protein Tech, Jianyuan Group, and others.
On a global scale, the high-tech pea protein product is in the early stages of the global industrialization compared to other plant protein industry. The whole pea protein market is driven by the new protein extraction technology, advanced R&D initiatives, and rising vegetarian population.
Currently, the factors driving the growth of the aforementioned industry are Dietary Supplement, Beverage, pet food industry and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for pea protein will correspondingly increase. The increased consumption of pea protein is expected to continue during the remaining years of the forecast period of 2018-2023. Pea protein industry will usher in a rapid growth space.
Although the market prospect of pea protein is very good, but there is a potential threat. That is pea protein and pea starch shares the same production line. Strictly speaking, pea protein is a byproduct of pea starch. Although Europe produces a large amount of pea protein, large amount of pea starch was also produced and could not be consumed locally. the main areas of consumption of pea starch are in the Asia Pacific region. But the whole Asia Pacific region is not enough to consume the whole pea starch, which wastes the resource of pea processing. Therefore, the development of pea protein requires a balance between the two products.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability, such as Roquette. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in pea protein market will become more intense.
In China, Yantai Shuangta is the most advanced producer, has top pea protein extraction technology, the only circulating integrated industrial chain. There is no large competitor in pea protein market. In Shuangta Food, pea protein contains more than 80% protein, and applied in health care products, beverages and others.
The worldwide market for Pea Protein is expected to grow at a CAGR of roughly 11.8% over the next five years, will reach 1160 million US$ in 2024, from 590 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report covers Analysis of Global Pea Protein Market Segment by Manufacturers
Emsland Group
Roquette
Cosucra
Nutri-Pea
Shuangta Food
Yantai Oriental Protein Tech
Shandong Jianyuan Foods
Shandong Huatai Food
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Global Pea Protein Market Segment by Type
Pea Protein Isolates
Pea Protein Concentrated
Global Pea Protein Market Segment by Applications, can be divided into
Dietary Supplement
Baked Goods
Healthy Food
Pet Food
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