DUBLIN, May 19, 2021 / PRNewswire / – The “Soy Protein Ingredients – Global Market Trajectory and Analysis” the report was added to ResearchAndMarkets.com from offer.
Amid the COVID-19 crisis, the global soy protein ingredients market estimated at 10.1 billion USD in 2020, is expected to reach a revised size of $ 15.2 billion by 2027, with a CAGR of 6% over the analysis period 2020-2027.
Soy protein concentrates, one of the segments analyzed in the report, is expected to register a CAGR of 6.5% and reach $ 4.5 billion at the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the soy protein isolates segment is readjusted to a revised CAGR of 6.7% for the next 7 year period.
The US market is estimated at $ 2.7 billion, While China is expected to grow at 9.2% CAGR
The market for soy protein ingredients in the United States is estimated at 2.7 billion USD in 2020. China, the world’s second-largest economy, is expected to reach an expected market size of $ 3.2 billion by 2027, with a CAGR of 9.2% over the analysis period 2020 to 2027. Other notable geographies are Japan and Canada, each forecasts growth of 3.3% and 5.4% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 3.8% CAGR.
Soybean Flours Segment to Record 5.2% CAGR
In the global soybean meal segment, United States, Canada, Japan, China and Europe will result in the estimated 4.8% CAGR for this segment. These regional markets represent a combined market size of $ 1.8 billion in 2020 will reach a projected size of $ 2.5 billion at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach $ 2.1 billion by 2027, while Latin America will grow at a CAGR of 6.4% throughout the analysis period.
Select Competitors (41 featured in total):
- AG Processing Inc.
- Archer Daniels Midland Company
- Biopress SAS
- Cargill, Inc.
- Chs Inc.
- Devansoy, Inc.
- DowDuPont, Inc.
- Kerry Group PLC
- Nisshin Oillio Group Ltd.
- Ruchi Soya Industries Ltd.
- The Scoular company
- Wilmar International Ltd.
Main topics covered:
1. MARKET OVERVIEW
- Overview of the influencer market
- Global market trajectories
- Impact of Covid-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- REST OF EUROPE
- ASIA PACIFIC
- SOUTH KOREA
- REST OF ASIA PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total number of profiled companies: 41
For more information on this report, visit https://www.researchandmarkets.com/r/6ljfni
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