GITNUX MARKETDATA REPORT 2024
Soy Protein Industry Statistics
The soy protein industry is expected to experience significant growth due to increasing demand for plant-based protein alternatives and rising awareness of the health benefits of soy products.
In this post, we explore key statistics and trends shaping the global soy protein industry. From market size projections to region-specific insights and application segment dominance, the data offers valuable insights into the growth and dynamics of this rapidly expanding market.
Statistic 1
"The global Soy Protein market was worth USD 8.26 billion in 2021."
Statistic 2
"The Soy Protein market is expected to reach USD 12.55 billion by 2026."
Statistic 3
"North America constituted the largest market share of over 30% in 2020 in the global soy protein market."
Statistic 4
"The soy protein isolate segment is projected to record a CAGR of 6.2% during the forecast period 2021-2026."
Statistic 5
"Beverages dominated the application segment with a share of 41.9% in 2020."
Statistic 6
"Asia-Pacific was the fastest growing region in 2020 for the soy protein market."
Statistic 7
"The soy protein market in Europe is predicted to grow at a CAGR of 5.7% from 2021 to 2028."
Statistic 8
"The soy protein market is anticipated to grow at a compound annual growth rate (CAGR) of 7.2% from 2019 to 2025."
Statistic 9
"The full-fat-soy segment is projected to record a CAGR of 5.4% during the period 2021-2026."
Statistic 10
"Soy protein concentrates accounted for 41.2% of the overall volume share in 2020."
Statistic 11
"The Soy Protein Market is projected to grow at a CAGR of 5.8% during 2022-2028."
Statistic 12
"The animal feed industry dominated the application segment with a share of 80% in 2020."
Statistic 13
"China leads the soy protein isolate market with a share of 27.7% globally in 2020."
Statistic 14
"The share of soy protein ingredients in the meat substitutes market was 39.4% in 2020."
Statistic 15
"Bakery & confectionery application of soy protein is expected to register a growth rate of 5.6% from 2021 to 2028."
Statistic 16
"Infant foods application segment is projected to expand at a CAGR of 6.1% from 2021 to 2026."
Statistic 17
"In 2020, South America's soy protein market accounted for a market size of USD 614.5 million."
Statistic 18
"The demand for soy protein in the U.S. was around USD 1.91 Billion in 2020."
Statistic 19
"Brazil will be the fastest-growing country in the South America soy protein market with a CAGR of 6.3% from 2021 to 2026."
Statistic 20
"The textured soy protein market is set to surpass a value of USD 2.1 billion by 2031."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
