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Soybeans have many health benefits. It contains many ingredients which are beneficial for health such as phytochemicals, antioxidants, and protein.in 1999 FDA approved a health claim which advice to include 25 grams of soy protein per day, which is about 2-3 servings of soy. Soy contains all 9 essential amino acids. Soybean is the only plant protein which contains all 9 amino acids and has omega-3s and isoflavones.
Soybeans are cholesterol-free and also their saturated fat content is less. Soy ingredients contain more vitamins, calcium, and potassium. There are many health benefits of adding soy ingredients in the diet. They secrete estrogen which helps to maintain hormonal balance in consumers. Soy ingredient contains Omega-3 which is a type of polyunsaturated fat are associated with heart health.
A cholesterol level of soy ingredient is low which is important to heart health. Soy ingredients reduce the "bad" cholesterol (LDL), which is a risk factor for coronary heart disease. Soy ingredient may raise good" cholesterol (HDL), lower triglyceride levels, and improve coronary artery health. One of Soy ingredient isoflavones is beneficial in the prevention and treatment of osteoporosis.
Isoflavones minimize bone loss, enhance bone formation, and increase bone density. Demand for soy ingredient is high as it having many health benefits and High functional properties. The cost of soy protein is low than animal protein. Addition of soy protein in processed food increases its shelf life so it is also considered as the most sustainable protein ingredients which are favoring its growth in an alternate way.
Consumer preference for a vegan diet is increasing day by day. For fulfilling protein intake soy protein is used in vegan foods which is an ideal replacement for meat and egg protein. Soy protein is the only plant protein which contains all 9 amino acids. Soy protein is widely used for fortification purpose.
In the food processing sector, soy protein is widely used as meat extenders. It is also used in functional beverages as dairy protein. The increasing trend of adding functional foods and nutritional supplements to diet is driving the market for soy protein ingredients.
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Key international players operating in the soy protein ingredient market are, Archer Daniels Midland (ADM) Company, Dean Foods Company, Armor Proteins, Gelita Group, Bunge Alimentos SA, Kerry Ingredients Inc., Burcon NutraScience, Cargill Health & Food Technologies, E. I. du Pont de Nemours and Company, Kellogg Company, Doves Farm Foods, Kraft Foods Group Inc., Manildra Group, MGP Ingredients, Omega Protein Corporation, George Weston Foods Fonterra, Shansong Biological, Solbar, Charotar Casein, Milk Specialties, Scoular, Omega Protein, Arla Foods, Glanbia, Dean Foods and others
Increasing consumer preference for healthy food products increases the market for soy protein. Soy protein products are used as a meat alternative in many processed foods. Consumer awareness about healthy foods is increasing which drives the soy protein market.
There are many products in the market which contains soy protein such as soymilk, bakery and confectionery products, functional foods etc. consumer consumption patterns are changing and more inclined towards vegetarian products containing a high amount of protein increases the demand for soy protein. The US is the major producer of soy protein ingredients. North America has the largest market for soy protein.
Europe is the second largest region for soy protein ingredients. Soy protein is cost-effective than meat protein, this is the one factor which drives the soy protein ingredient market. Europe implements restriction over meat protein sources such as gelatin which in turn opens gateways for the new growth opportunities across the world.
Our analysis will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.