Textured Soy Protein Market Textured Soy Protein Market | Page 2
bakery products, meat and cereals products. They are also used poultry foods to increase retention of fat and
water and to improve nutritional value due to high content of protein, which raises their demand.
Based on form, market is bifurcated into liquid and dry. Dry segment is expected to hold larger share of the
market since it is protein rich, contains no fat and is an excellent alternative to meat. In terms of application,
textured soy protein market is split into daily alternatives, meat substitutes, bakery foods, snacks & cereals,
animal feed, infant nutrition and others. Meat substitutes followed by bakery products, infant nutrition, dairy
alternatives and cereal & snacks are expected to register significant growth owing to increase in demand from
these segments.
Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East &
Africa. North America is expected to dominate textured soy protein market owing to increasing consumer
awareness, rise in demand for vegan foods and benefits associated with textured soy proteins. The prominent
market players profiled here are ADM, Cargill, Sonic Biochem, Hung Yang Foods, DowDuPont, Dutch Protein &
Services, Victoria Group, Linyi Shansong Biological Products, Bremil Group, Wilmar International, etc.
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