Zion Market Research Global Soy Protein Ingredients Market, 2016–2024 | Page 3

Soy Protein Ingredients Market
functional food. Consumers prefer consuming healthy food thus the demand for the soy
protein ingredients has increased considerably. Change in consumption patterns and
consumer inclination towards protein-rich vegetarian products impacted the global market in
a positive way. Increasing nutritional requirements owing to fast-paced lifestyles and
availability of a wide variety of ready-to-eat soy protein products is expected to propel the
global soy protein ingredients market growth. There is a high demand for soy protein
ingredients from food industries such as infant foods, bakery, and functional foods.
Emerging niche markets and higher demand for soy protein ingredients are giving new
opportunities in the global market.
Global Soy Protein Ingredients Market: Segmentation
The global soy protein ingredients market is categorized on the basis of the application
which includes functional foods, bakery & confectionery, infant foods, meat alternatives, and
dairy replacements. Based on the type, the global market is categorized as soy protein
concentrates, soy protein isolates, and soy flours. Region-wise, the soy ingredients market
is diversified into North America, Europe, Asia-Pacific, Latin America and the Middle East &
Africa.
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Global Soy Protein Ingredients Market: Regional Analysis
North America dominates the global soy protein ingredients market, where the US is the
major producer of the soy protein. Europe is the second largest region for soy protein
ingredients due to the abundant availability of these products. Soy protein ingredients
gained popularity owing to the rise in the cost of meat products. Europe implements