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Global Soy Protein Market

February 6, 2017


-Research and Markets has announced the addition of the "Global Soy Protein Market: Trends Analysis & Forecasts up to 2022" report to their offering.

“Global Soy Protein Market: Trends Analysis & Forecasts up to 2022”

Soy protein has several health benefits associated with it due to its low fat and zero cholesterol content. Soy protein is helpful in preventing heart problems. Refined soy protein isolate is rich in protein and contain only small amount of carbohydrates as well as fats. Health benefits of soy protein are among the factors that are promoting the growth in global soy protein market. Moreover, soy protein has emulsification as well as texturing properties. Textured soy protein is used as alternative for meat products. Soy protein has commercial uses in industries such as cosmetics, fungicides, leather, paints, pesticides, textile and others. The global soy protein market is projected to reach USD X.XX billion by 2022, growing with a CAGR between 5.5% and 6.0% from 2016 to 2022.

High nutritional content in soya protein generate more demand among vegans and vegetarians. It is considered as a healthy alternative to meat. Prevalence of diseases such as diabetes, and obesity among others chronic diseases is likely to shift several consumers to soy protein for healthy foods from meat and meat related products.

This in turn is expected to boost the demand for soy protein market. Moreover, Soya protein based products are garnering popularity, as a healthy alternative to dairy products, especially among lactose intolerant consumers. Organic soy protein products are getting more acceptances among consumers, who are health conscious and prefer organic food products. This in turn is expected to further augment the market size of soy protein over the forecast period.

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