Textured Soy Protein Market Textured Soy Protein Market

Textured Soy Protein Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2023
“Textured soy protein market is driven by low cost of
protein source, high nutritional soy value, use as a
substitute for dairy and meat food products and increase
in number of health conscious consumers.”
Global textured soy protein market is anticipated to grow significantly in the forecast period owing to the
increasing awareness about healthy lifestyle. Textured soy protein or TVP (textured vegetable protein) contains
soybeans derivative instead of the actual vegetables. It is normally used as a substitute for meat or meat
extender. TVP or textured soy protein is also commonly used in cafeterias with limited financials like prisons
and schools. Textured soy protein is cost effective, has longer shelf like and can be adopted by vegetarians.
Textured soy protein market is driven by low cost of protein source, high nutritional soy value, use as a substitute
for dairy and meat food products and increase in number of health conscious consumers. Moreover, increasing
use of textured soy proteins in multiple food products, consumers’ inclination toward meat and vegan foods are
accelerating the demand of TVP, thereby affecting the market growth.
However, stringent government regulations regarding genetically improved crops are obstructing the growth of
market. Moreover, market players are emphasizing on product development in organic soy protein to meet the
flexible demand from industries.
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The market is categorized on the basis of product type, form, application, and geography. On the basis of
product type, market is divided into soy protein isolates, soy protein concentrates and others. Soy protein
concentrates segment is expected to lead the market since they are used as nutritional ingredients in most