DUBLIN--(BUSINESS WIRE)--The "Textured Soy Protein Market by Type (Non-GMO, Conventional, and Organic), Application (Food (Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery) and Feed), Source (Concentrates, Isolates, and Flour), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The textured soy protein market is projected to grow at a CAGR of 9.5% from 2017 to 2022, to reach a projected value of USD 2.73 Billion by 2022.
The textured soy protein market has become more diversified in recent years as it is an inexpensive source of protein and owing to the rapidly growing health-conscious population.
The major restraining factor for the textured soy protein market is stringent government regulations for genetically modified crops. The European Union (EU) has stringent regulations in place for genetically modified (GM) crops due to the risks associated with humans and the environment. Moreover, the lack of consumer awareness regarding the types of plant protein or the difference between protein isolates and protein concentrates limit the number of new entrants in the market.
Companies such as Cargill (US) and ADM (US) have acquired a leading market position through the provision of a broad portfolio, catering to the varied requirements of the market, along with a focus on the diverse end-user segments. They are also focused on innovations and are geographically diversified.
- Inexpensive Source of Protein
- High Nutritional Value of Soy
- Preferred Alternative for Meat & Dairy Products
- Growing Health-Conscious Population
- Stringent Government Regulations for Genetically Modified Crops
- Demand for Plant-Based Protein as A Result of the Growing Vegan Population
- Growing End-Use Applications
- Increase in Soybean Production and Consumption in Emerging Markets
- Unpleasant Flavor of Soy Products
- Low Consumer Awareness
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Textured Soy Protein Market, by Type
7 Textured Soy Protein Market, by Source
8 Textured Soy Protein Market, by Application
9 Textured Soy Protein Market, by Region
10 Competitive Landscape
11 Company Profiles
- Bremil Group
- Crown Soya Protein Group
- Dutch Protein & Services
- Hung Yang Foods
- Linyi Shansong Biological Products
- Shandong Yuxin Bio-Tech
- Sonic Biochem
- Victoria Group
- Wilmar International
For more information about this report visit https://www.researchandmarkets.com/research/2h3k6b/global_textured?w=4