Textured Soy Protein Market is Forecast to Reach Revenue of $3.16 Billion by 2025

Palli Prapul

Textured Soy Protein Market is forecast to reach revenue of $3.16 Billion by 2025, growing at a CAGR of 8.45% during the forecast period 2020-2025. Textured soy protein (TSP) is also known as textured or texturized vegetable protein (TVP) but the generic name is total soy protein (TSP), because it contains a derivative of soybeans than vegetables. Soy meat or soya chunks are defatted soy flour product as well as a by-product of soybean oil. At present, consumer trend towards choosing plant-based protein products and meat alternatives are resulting in the expansion of textured soy protein market size at a rapid pace. Accelerating plant protein trend is helping companies capitalize to increase their textured soy protein market share. Textured soy protein is used as flavor binder in various cuisines as it helps to absorb oil, maintains moisture level, and provides better texture, which is another factor poised to increase its demand in food industry. The rise in the number of health-conscious people coupled with their dietary preferences is increasing the demand for organic protein powder and isolate protein powder. Soy protein acts as a low carb protein powder and supports to control hyperglycemia and obesity.

By Type – Segment Analysis

Based on the types, the Textured soy protein market is segmented into Non-GMO, Conventional, Organic and Other types. Non-GMO product type held largest share of the global textured soy protein market and is estimated to dominate the forecast period in 2020-2025. Harmful effects of Genetically modified crops and demand for non-GMO products are likely to drive the segment. With an increase in demand for organic food products across the globe, the organic segment is projected to witness fastest growth rate during the period under consideration. Hectic work schedule has fueled demand for organic food and beverages containing textured soy protein in recent time.

By Application – Segment Analysis

Based on the applications, Textured soy protein market is segmented into Food and Beverages and Feed industry. Food segment lead the application segment and tends to grow during the forecast period with CAGR of 4.37%. Food and Beverage segment includes major applications in different subcategories such as Meat Substitutes, Dairy Alternatives, Infant Nutrition, Bakery products, Cereal and Snacks and Other Applications. Textured vegetable proteins are becoming popular owimg to increasing demand for meat alternatives, which is likely to fuel the segment growth.

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By Geography – Segment Analysis

Based on the geography the Textured soy protein market is covered globally viz North America, South America, Europe, Asia Pacific (APAC) and Rest of World (ROW). Market in North America accounts for major share of 32% in terms of revenue and is projected to maintain its position over the forecast period. Growing adoption of vegan lifestyle, coupled with increasing demand for vegan food products are factors driving growth of the target market in respective countries in these region. Asia Pacific market in estimated to register highest CAGR in terms of revenue over the forecast period 2020-2025, owing to growing soy production especially in emerging economies such as China and India in this region.

Market Drivers - Textured Soy Protein Market

Increasing demand for High-protein meat alternatives

Consumer demand for meat alternatives has grown over the past years as consumers have been on a journey of realization regarding how their lifestyle choices and purchases have an impact on our planet. An increased number of consumers are switching to plant-based diets for many reasons, including protecting animals, preserving the environment, general health concerns or changing taste preferences. Manufacturers are looking at plant-based proteins that offer functional, sustainable and nutritional attributes, inclusive of non-GMO and certified organic options. The combination of consumer concerns with an updated approach from the food industry to develop and deliver meat alternatives with excellent flavor, texture and mouthfeel properties has contributed to the large growth in the meat alternatives market.

High nutritional value of soy

Soy is a nutrition powerhouse. In U.S consumers currently enjoy soy as a fresh vegetable dish in the form of edamame, and as a protein-providing legume that can be eaten in the same ways as other types of canned beans. There is huge demand of growing soybean substitutes that meets consumer needs and tastes around the world.

Challenges - Textured Soy Protein Market

Unpleasant flavor of soy products

Consumer trends toward “cholesterol-free” food products have helped increase the demand for textured soy protein, impacting the demand for animal proteins. The main factor that has limited the use of soy products in western countries was the unpalatable taste of soy products, which is linked to the action of the lipoxygenase enzyme on the soybean oil. This flavor is caused due to the presence of compounds such as aldehydes, ketones, furans, and alcohols. Medium-chain aldehydes are one of the major reasons for the beany and grassy taste of soy products. The low cost of soy and high nutritional value are the main factors that motivate researchers to develop innovative and likable flavors in soy products. Efforts are being made to identify ways to neutralize the unpleasant flavor during the extraction process or by the addition of sugar compounds during the processing phase.

Textured Soy Protein Industry Outlook

Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Textured Soy Protein Market. In 2019, Textured Soy Protein market share is consolidated by the top ten players present in the market. Textured Soy Protein Market Top 10 companies include Cargill, Linyi Shansong Biological Products, ADM, Sonic Biochem, Hung Yang Foods, Dutch Protein & Services, DowDuPont, Wilmar International, Victoria Group, Bremil Group etc among others.

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Acquisitions/Product Launches

In January 2018, Cargill has acquired a Ohio-based manufacturer of private label and co-manufactured pet foods, including premium dog food brand Black Gold named Pro-Pet. The motive of this acquisitions was to better serve our customers seeking a focused supplier for both animal feed and pet food options.

In September 2018, Cargill has acquired a Poland’s leading value-added food companies name Konsol which will mark the introduction of Cargill’s global protein business into the Polish market and strengthens the company’s global poultry footprint, expanding operations to 14 countries.

In September 2017, DuPont and Dow Chemicals entered into a merger agreement to form the new company–DowDuPont. The value of the merger stood at USD 130.00 billion. Post-merger, the companies will operate into three independent divisions, namely, agriculture, materials science, and specialty products.

Key Takeaways

Textured Soy protein application is fastest growing because of its continuous demand for Textured soy protein in numerous Food and Beverages application such as Meat Substitutes, Dairy alternatives, infant nutrition, Bakery products and others.

North America dominates the Textured Soy protein market owing to consumption of soy protein. The Textured Soy protein market is scope for different regions will be provided in final report.

Increasing demand for meat extenders, analogs, and substitutes in global food processing market and increasing demand for high-protein meat alternatives are the important drivers for Textured soy protein market.

Due to increasing concerns towards health these days, there has been demand for soy protein which is low fats and healthier diet.

Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Textured Soy Protein Market.

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Palli Prapul

Global Textured Soy Protein Market Outlook - Trends, Growth, Opportunities and Forecasts 2018-2023: Radiant Insights, Inc

radiant marketreport 2018-08-03

The report segments the market and forecasts its size, by volume and value, on the basis of product, by application, and by geography (North America, Europe, Asia-Pacific, MEA and South America).The report covers forecast and analysis for the textured soy protein market on a global and regional level.

The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue.

The study then describes the drivers and restraints for the textured soy protein market along with the impact they have on the demand over the forecast period.

Additionally, the report includes the study of opportunities available in the textured soy protein market on a global level.To Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/global-textured-soy-protein-market-outlook-2018-2023/request-sampleThe report has been prepared based on the synthesis, analysis, and interpretation of information about the global textured soy protein market collected from specialized sources.

The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players.

Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.The research report provides analysis and information according to market segments such as geographies, types and applications.

Textured Soy Protein Market Propelled by Personalized Diet Followers While Consumers’ Preference for Meat Alternatives Raising the Revenue

Palli Prapul 2020-01-02

It comprises of 50% protein content along with all essential amino acids, which are necessary to maintain the health of an individual.

At present, consumer trend towards choosing plant-based protein products and meat alternatives are resulting in the expansion of textured soy protein market size at a rapid pace.

Accelerating plant protein trend is helping companies capitalize to increase their textured soy protein market share.As a Consequence, the global Textured Soy Protein Market size was evaluated at $1.89 billion in 2018 and is estimated to grow with a CAGR of 9.6% during the forecast period 2019-2025.The Ubiquity of Soy Protein in Food Segment:Textured soy protein application in food segment is growing at the fastest CAGR of 4.37% over the forecast period.

This is because of the continuous demand for textured soy protein in numerous food applications such as meat substitutes, dairy alternatives, infant nutrition, bakery products, and cereal & snacks.

Inclusion of such TSP in the food products results in improved yields, and provide some added benefits alike lower fat, great palatability, better texture, and moisture for the food products at an affordable price.

TSP is mainly obtained from defatted soy flour and is highly used in the preparation of meat extenders, vegetarian, and vegan dishes to satisfy the continuous demand from increasing vegan population.

Global PVC Window Profile Market Analysis | Industry Report 2026

Sejal Kapoor 2020-10-13

The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type and application.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global PVC Window Profile Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/53045-pvc-window-profile-market-reportThe report also covers the complete competitive landscape of the global PVC Window Profile market with company profiles of key players such as:Alphacan SpAAluplast GmbHDeceuninckEpwin GroupEurocellPiva GroupProfine GroupRehauSalamanderSchucoVEKASEGMENTATIONS IN THE REPORT:By TypeTurn & Tilt WindowsSliding WindowCasement WindowOthersBy ApplicationResidentialCommercialBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global PVC Window Profile Market @ https://www.decisiondatabases.com/contact/download-sample-53045The Global PVC Window Profile Market has been exhibited in detail in the following chapters –Chapter 1 PVC Window Profile Market PrefaceChapter 2 Executive SummaryChapter 3 PVC Window Profile Industry AnalysisChapter 4 PVC Window Profile Market Value Chain AnalysisChapter 5 PVC Window Profile Market Analysis By TypeChapter 6 PVC Window Profile Market Analysis By ApplicationChapter 7 PVC Window Profile Market Analysis By GeographyChapter 8 Competitive Landscape Of PVC Window Profile CompaniesChapter 9 Company Profiles Of PVC Window Profile IndustryPurchase the complete Global PVC Window Profile Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-53045Other Reports by DecisionDatabases.com:Global PVC Modifier Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Polyvinyl Chloride (PVC) Resins Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Polyvinyl Chloride (PVC) Films Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

Global Polyvinyl Alcohol Fibers Market Analysis | Industry Report 2026

Saavi Mehta 2020-10-13

The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

I. du Pont de Nemours and CompanyEastman Chemical CompanyKuraray Co. Ltd.Nippon Synthetic Chemical Industry Co.Sekisui Chemical Co. Ltd.Sinopec Sichuan VinylonSEGMENTATIONS IN THE REPORT:By Product TypeFilament FiberStapleOtherBy ApplicationCement AdditivesTextileNon-Woven FabricBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Polyvinyl Alcohol Fibers Market @ https://www.decisiondatabases.com/contact/download-sample-52885The Global Polyvinyl Alcohol Fibers Market has been exhibited in detail in the following chapters –Chapter 1 Polyvinyl Alcohol Fibers Market PrefaceChapter 2 Executive SummaryChapter 3 Polyvinyl Alcohol Fibers Industry AnalysisChapter 4 Polyvinyl Alcohol Fibers Market Value Chain AnalysisChapter 5 Polyvinyl Alcohol Fibers Market Analysis By Product TypeChapter 6 Polyvinyl Alcohol Fibers Market Analysis By ApplicationChapter 7 Polyvinyl Alcohol Fibers Market Analysis By GeographyChapter 8 Competitive Landscape Of Polyvinyl Alcohol Fibers CompaniesChapter 9 Company Profiles Of Polyvinyl Alcohol Fibers IndustryPurchase the complete Global Polyvinyl Alcohol Fibers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-52885Other Reports by DecisionDatabases.com:Global Nanofibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Glass Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Optical Fibers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

Cognitive Assessment and Training Market Expected to Grow $8.06 Billion by 2021

Jacob Hodgson 2020-10-12

According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.

The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.

The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.

The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.

The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.

The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.

Cutlery Market 2020 Driving Factors, Covid-19 Insight Analysis, Top Manufacturers to 2030

Jack Martin 2020-10-12

The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.

The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Cutlery market.The novel Coronavirus (COVID-19) has caused a slowdown in business activities of the Cutlery Market.

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The leading factors that are likely to impact the growth of the Cutlery Market over the assessment period are thoroughly analyzed in the report.Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=5201To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.

The key regions comprise the following geographical segments:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.

Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.

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