Soya
protein is the least expensive source of dietary protein, also
entitled as ‘complete protein’ for a human body which contain
amino acid. Today’s supermarket aisle are filled with many meat
alternative for vegan or vegetarian to fulfil their dietary demand of
protein rich nutritious food such as salad dressings, soups, fake
meats, infant formula, breads, cereals, tofu and supplements. From
food varieties to hand lotion to firefighting foam, soya is a
versatile humble bean. Compared to varied range of applications,
dairy alternative application of Savory Ingredients is projected to
have a significant growth followed by meat alternative application.
Concentrated form of organic soya protein is comparatively in higher
demand; from both consumer and manufacturer end. As it has excellence
to replace the significant percentage of protein in other products
without affecting their taste, texture and color. Whereas it has non
allergic character which makes it favorable among manufacturer.
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Soy
Protein Market: Drivers &
Restraints
Obesity,
diabetes and other chronic diseases are arising with significant
percentage of population for their improper modern life style. It is
not limited to any particular region but spreading worldwide. To
control and cure these diseases doctors are recommending healthy
eating. People are becoming more aware of modern life style’s side
effect and prefer precaution over cure. This shift from traditional
dairy and meat product to soya product is the main factor for Savory
Ingredients market growth. Rising popularity of organic food among
healthy eater is another driving factor propelling Organic Soy
Protein market.
Besides
experiencing unprecedented market growth, Organic Soy Protein is not
only facing competition from non-organic soya food source but also
from other organic oilseed products such as flax and sunflower. Some
people are allergic to soya or high protein intake. These two factors
acts as a restrain in the growth of Organic
Soy Protein market.
Organic
Soy Protein Market: Segmentation
Organic
Soy Protein market is segmented by its origin, types, form, bonding
nature and application.
On
the basis of product state, Organic Soy Protein market is segmented
into:
- Liquid
- Dry
On
the basis of product form, Organic Soy Protein market is segmented
into:
- Powder
- Concentrated
- Isolated
On
the basis of its applications, Organic Soy Protein market is
segmented into:
- Dairy alternatives
- Functional food
- Infant formula
- Meat alternative
- Confectionary
- Bakery
- Others
Organic
Soy Protein Market: Regional Outlook
Based
on the geographies, Organic Soy Protein market is segmented into
seven regions - North America Organic Soy Protein market, Latin
America Organic Soy Protein market, Eastern Europe Organic Soy
Protein market, Western Europe Organic Soy Protein market, APEJ
Organic Soy Protein market, Japan Organic Soy Protein market and the
Middle East & Africa Organic Soy Protein market. Among the
regions mentioned above, North America, Eastern and Western Europe
are dominating global market of organic soy protein. Due to speedy
growth in urban life style, population of India and China are
becoming more health conscious and leaning towards healthy and
nutritional food habits. This trend in these and nearby countries are
making Asia Pacific (excluding Japan) fastest growing market for
organic soya protein. Middle East & Africa has a steady demand
for organic soya protein.
Organic
Soy Protein Market: Key Players
Few of the market players accounting over Organic Soy Protein market includes Burcon NutraScience, Harvest Innovations, Armor Proteins, World Food Processing, George Weston Foods, ADM, Devansoy Inc., Kellogg Company, The Scoular Company, Omega Protein Corporation, SunOpta Inc., MGP Ingredients, Dupont, Bunge Alimentos SA. Currently soya protein market is experiencing unique beneficiaries of success, hence competition in this market is increasing intensely, and this attract many new entities to enter this industry. Following are the other companies operating in an organic soya protein market; Kraft Foods, FRANK Food Products, DuPont Agriculture & Nutrition, Hodgson Mill, Dean Foods Company, Agrawal Oil & BioChem, Manildra Group, Biopress S.A.S., Gelita Group, Natural Products, Inc., Cargill Health & Food Technologies, Kerry Ingredients Inc., Doves Farm Foods.
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