Soy
Extract Market: Snapshot
Soy
extract is mainly produced from soyabean. High protein and low fat
properties of soy makes it a healthy constitute of food. Soy helps in
mitigating night sweats and hot flashes for women going through
menopause. Moreover, people with lactose intolerance issues may use
soymilk as a substitute to buffalo or cow milk.
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Soy
extracts are used for making many food products. Additionally,
manufacturers are further discovering new applications for soy
extracts in variety of food products. The increasing number of food
products using soy extract is likely to bolster the growth of the
global soy extract market. It is further found that usage of soy in
cosmetics may help in acting as an anti-aging product for the skin.
Aging causes skin to lose suppleness, elasticity, and firmness which,
in turn triggers the occurrences of wrinkles and fine lines. Proteins
and nutrients in soy extract make it a perfect solution for
addressing aging skin and it has been used in China for producing
anti-aging solutions for centuries now. Furthermore,
anti-inflammatory and antioxidant properties of ginger help to reduce
free radicals in the body.
Some
new studies have stated that the health benefits of soy may be used
to prevent or treat age-related diseases, osteoporosis, or even some
types of cancers. However, it is very expensive and difficult to
obtain the required amount of isoflavones and genistein from soy
extracts. Soy extract also find applications in protein supplements
attributing to its high protein content and other healthy vitamins.
Some studies also claim that daily consumption of soy has increased
the life of Asian people. The global soy extract market is poised to
grow owing to all these applications and continuous research being
conducted for discovering new medical abilities of soy extract.
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Soy
extract is obtained from soybean which is produced majorly in the
United States during the year 2017-2017 according to SOPA. Soy
extract is very beneficial for the women suffering from menopause as
it helps in relieving the hot flashes and night sweats. Soy extract
also helps to provide a relief to women who are expecting hormonal
changes and provide nutritional support for healthy bones by
inhibition of bone resorption. Soy has shown the super effect in
Asian people who consume soy daily in their diet, it has increased
the life of Asian people. Soy extract is perfect for people suffering
from lactose intolerance as they can now have soymilk in place of
traditional cow and buffalo milk.
Soybean
production has increased by many folds according to the data provided
by SOPA which is a clear indication that the demand for soy extract
in the market is huge which a good news for the manufacturer is as
strategies can be made to increase the revenues by the end of 2027.
This market is expected to grow as more and more products enters the
market.
Soy
extract Market segmentation
Soy
extract market is segmented on the basis of form as Beverages,
Capsules, Crème, gel and powder. Soy extract is widely used as the
ingredient for many products like it is used in the beverage industry
for soy milk and soy drinks which are the nutritious and wonderful
product for the people who are lactose intolerant. Soy extract
capsules are available in the market which is very useful for women
suffering from hot flashes due to menopause and are going through
hormonal changes. Soy extract is also used in the cosmetic industry
for making crème and gel for anti-ageing skin, to keep healthy and
soft. Soy extract powder is used in protein supplements as soy is
packed with high protein content and it is perfect protein supplement
for vegans.
Soy
extract market is segmented on the basis of application as in food
market, pharmaceutical market, and cosmetics market. Soy extract has
the wide range of application and can be used as the ingredient for
the different-different market.
Soy
extract regional outlook
Soy
extract market is segmented in the key regions like North America,
South America, Western Europe, Eastern Europe, Asia-Pacific region,
Japan, Middle-east, and Africa. The United States is the leading
producer of soybean globally since last 5 years, followed by Brazil,
Argentina, Canada, Paraguay, Europe, China, and India.
Soy
extract Market Drivers
Soy
extract has the wide range of application in the different market,
this ingredient is required in ample amount by the manufacturers to
produce useful products for the end users. The end user product will
shape the market of soy extract and will generate revenue for the
manufactures of soy extract. Major driver of soy extract market is
wide of products requiring this particular ingredient and the
benefits linked with the consumption of soy extract by the end users.
Soy contains 40% protein, 22% fat, 25% carbohydrates, and 8% fiber
making it is demanded in the food, beverages, healthcare and cosmetic
market.
Soy
extract market Restraints
Restraint
for soy extract market is the risk factor involved in the consumption
of soy extract. Phytates in soy extracts can down regulate the
absorption of basic nutrients like zinc, calcium, magnesium and iron.
Another concern with soy extract is that consumption of soy extract
at the high rate by men can cause feminine characters in men. So if
these factors are kept under control then soy extract can be boosted.
Soy
extract market key players
The
key players of soy extract market identified in this value chain are
Natrol LLC, Beiersdorf Australia Limited, Novaforme, Alpro, WhiteWave
Services Inc., and Life Extension. These players are making
strategies to be on the top of Soy extract market by the end of 2027
and are forecasted to gain great revenues during the term of
2017-2027 keeping the high demand in mind.
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