Key Trends of Textured Soy Protein Market indicating Industry Size, Demand, Trends and Forecast till 2026

Posted on 2018-06-12 by Mark Hub in Food & Beverage // 0 Comments

ROCKVILLE, US, 2018-Jun-12 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of Textured Soy Protein Market. The study is titled as “Textured Soy Protein Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the Global Textured Soy Protein Market.

Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=527

With increasing diseases associated with meat, for instance bird flu and swine flu, plant-derived proteins are gaining high traction owing to growing consumption by health conscious people worldwide. Increasing demand for vegetable proteins has directly spurred the consumption of their textured soy counterparts. Another factor pushing the sales of textured soy proteins includes growing preference for meat substitutes. Meat substitutes offer various health benefits by filing the nutritional gaps in regular diets.

With growing incidences of diabetes and rising cholesterol, demand for low fat healthy diet is rising. This has triggered the consumption of vegan food among health conscious population across the globe. Meat substitutes are becoming a priority in regular meals as they deliver high national value and low fat diet. Also, increasing standards of living of people and high GHDI are expected to influence the consumption of not-so-cost efficient meat substitutes. This is expected to exert a positive impact on the consumption of textured soy proteins in the years to follow. Moreover, manufacturers are undertaking several research and development initiatives to develop superior and novel quality products to cater to the growing demand of health conscious people.

According to Fact.MR, the volume of textured soy proteins across the globe is expected to touch over 1,364,000 tons by the end of the year of assessment (2026), which is influenced with increasing consumption of the product.

Other Key Highlights on Global Textured Soy Protein Market

As compared to soy protein isolates and other soy products, consumption of soy protein concentrates is higher and is expected to soar in the coming years. According to Fact.MR, soy protein concentrates consumption is expected to grow by 8.5% during the assessment period
With respect to form, demand for dry textured soy proteins is higher than liquid. The main aspect deriving this demand is convenience while cooking and intake. Moreover, from a distribution standpoint, dry food items pose less challenges as compared to liquid products. Sale of dry textured soy proteins s expected to reach a value of over US$ 2 Bn by 2026 end
Application of textured soy proteins is high in infant nutrition and bakery products. Infant diet is gaining high steam since past years, which has pushed the consumption of high protein diet. This has driven the demand for textured soy proteins in infant formula as well. Moreover, the use of textured soy proteins in bakery products is anticipated to grow at a comparatively higher pace in the coming years

View Report @ https://www.factmr.com/report/527/textured-soy-protein-market

Competition Tracking

The global market for texturized soy proteins is characterized by growing number of regional players as well as presence of international players. Increasing collaborations with regional players to gain hold in the local market have been observed. Additionally, regional Asian markets are expected to showcase high growth potential owing to increasing preference for textured soy proteins in the region.

Companies involved in textured so proteins are focusing on grabbing major chunk in these areas thus giving rise to intense competition. Few of the key players are Archer Daniels Midland, DuPont Nutrition & Health, The Good Scents Company, Abbott Nutritionals, Kerry Group Plc. and Friesland Campina.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=527

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market Research Reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Matched content

Editor’s pick