World: Soy protein market the unseen symphony harmonizing deep understanding through observational techniques

Published Mar 14, 2024

Tridge summary

The global Soy Protein Market is expected to reach $7430 million by 2024, growing at a 5.9% CAGR from 2016 to 2024, driven by increasing awareness of health benefits of plant-based proteins, rising demand for functional food and beverages, and the growth of vegetarian and vegan lifestyles. Soy protein, a rich source of dietary proteins and essential micronutrients, is used in various industries including food and beverage, pharmaceuticals, and cosmetics. Soybeans are also a more sustainable protein source, requiring fewer resources than conventional livestock farming. The market is on a growth and innovation path, with stakeholders needing to invest in research, development, technology, and sustainable agricultural practices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The “Soy Protein Market” research report from 2024 to 2032 provides comprehensive qualitative and quantitative insights into market trends, including key drivers, constraints, and revenue forecasts. It also examines regional markets, competitive landscapes, and growth prospects across various sectors until 2032. Global Soy Protein Market is estimated to reach $7430 million by 2024 with CAGR of 5.9% between 2016 and 2024. Soy protein which is an element of soybeans, is a rich source of dietary proteins. They are also a source of calcium, fiber, iron, zinc and vitamin D. Unlike plant proteins, soy proteins consist of all the necessary micronutrients and amino acids, essential for human beings. The nutritional value of soya foods can be improved during food processing by deactivating lectins and inhibitors through elimination by fraction or heat treatment. Soy protein offers various health benefits to women, especially during pregnancy. They also offer other health benefits such as ...

Source: Taiwannews