Textured Soybean Protein Market

The global Textured Soybean Protein market was valued at 40.83 Million USD in 2021 and will grow with a CAGR of 4.34% from 2021 to 2027, based on Research newly published report.

The prime objective of Textured Soybean Protein Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Textured Soybean Protein Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Textured soy protein (TSP) is a processed food product manufactured from either soymeal flakes, soy flour, or soy protein concentrate.First, for consumption, Europe is the most important consumption area of textured soybean protein with 93671 MT or 33.44% in share in 2015. China is the second largest consumption area in 2015 with 51489 MT or 24.96% in share. USA is the following with 18.38% of total consumption market share. India and Japan each took 5.13% and 2.01% in 2015. Second, the applications of textured soybean protein includes ground meat and poultry, formed meat products, vegetarian and analogs, nutrition bars, cereals & snacks, etc. In 2015, ground meat and poultry took the largest consumption share, followed by formed meat products. They each took 57.70% and 22.92% of total consumption market share.

By Market Verdors:

• ADM
• Danisco
• CHS
• Scents Holding
• Sojaprotein
• Cargill
• Gushen Biological
• Wonderful Industrial Group
• FUJIOIL
• Shandong Sanwei Soybean Protein
• Shansong Biological
• Sonic Biochem
• Wilmar International
• Top Agri Group
• Soja Austria
• Bremil Group

By Types:

• Textured Soybean Protein Flour
• Textured Soybean Protein Concentrate

By Applications:

• Ground Meat and Poultry
• Formed Meat Products
• Vegetarian and Analogs
• Nutrition Bars, Cereals & Snacks

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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