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Growth Strategies Adopted by Major Players in the Textured Vegetable Protein Market

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MarketsandMarkets™

Textured vegetable proteins are acquired from plant sources, such as pea, soy, and wheat. The market for textured vegetable proteins is growing fast, as consumers are becoming aware of their health and wellness and the betterment of the environment. The global market is witnessing a growing trend in veganism and clean-label and non-GMO products. More consumers are now adopting flexitarian and vegan lifestyles fueled by a combination of health, environmental, and animal welfare concerns. The global textured vegetable protein market is estimated to be valued at USD 1.4 billion in 2022. It is projected to reach USD 1.9 billion by 2027, recording a CAGR of 6.9% during the forecast period.




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Textured vegetable protein slices are obtained by processing various beans with higher protein content. They are a unique source of protein that contains essential amino acids, protective ingredients, minerals, and vitamins necessary for total metabolism. The anti-nutritive factors are removed during adequate heat treatment, thereby improving the protein content. They are characterized by structural integrity, which remains the same during hydration and heat treatments. Slices are utilized in meat alternatives, such as burger patties, which are used in various consumer applications. With the changing lifestyle and increasing health awareness, the consumption of healthy food products is increasing, which is fueling the market for textured vegetable protein slices.


Textured soy protein is a defatted soy product, a by-product of extracting soybean oil. It is offered in various forms, such as flakes, chunks, grains, and strips. Textured soy protein is made from soy concentrates. The defatted thermoplastic proteins are heated to 150-200 degrees Celsius to obtain textured soy protein. Also, the pressurized molten protein mixture exits the extruder; hence, the sudden drop in pressure causes rapid expansion into a puffy solid that is then dried. Textured soy protein has a shelf life of more than a year when stored dry at room temperature. Also, it is a low-calorie and low-fat source of vegetable protein. It is used as a meat substitute or meat extender due to its low cost compared to animal-based protein sources.


Dry textured vegetable proteins are processed using a low-moisture twin-screw extrusion system. The dry textured vegetable protein is composed of pre-combined dry ingredients mixed with water. The products maintain a negligible fat profile during the extrusion process. Following the extrusion process, the dry textured vegetable protein is passed through a dryer before packaging and shipment. The dry form of processing is considered inexpensive. Products manufactured using dry textured proteins include extruded snacks, baked goods, pasta, and meat alternatives. The products manufactured using these ingredients are popular in North America and Europe. Dry textured vegetable protein has an extended product shelf life, ensures quality, and simplifies transportation.


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The key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), DuPont (US), The Scoular Company (US), Beneo (Germany), Cargill, Incorporated (US), MGP (US), Shandong Yuxin Biotechnology Co. Ltd. (China), Axiom Foods, Inc., (US), Foodchem International Corporation (China), PURIS (US), Kansas Protein Foods (US), and DSM (Netherlands).


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