Textured soy protein is a meat alternative product that's prepared from soybeans, although it's also possible to produce a similar meat alternative product from other foods. It's a highly processed food item that's produced by separating (isolating) the soy protein from other components found in whole soybeans. Defatted soy protein is flattened into granules or chunks, and usually dried and rehydrated before cooking. Additionally, textured soy protein is made from soy flour that has had the fat removed from it. The flour is cooked under pressure and then dried and this process is called "extrusion cooking." It is a thermo-mechanical process, which combines high pressure, high shear, and high heat to form a product that can be molded into various forms for different uses. There are several variations to the process and this can affect the resulting product's texture, taste, and nutritional make-up. Furthermore, soy protein provides all the amino acids humans requirements. Due to it is a complete source of protein, some medical experts recommend it as a potentially healthier alternative for meat.
The research presents a full analysis of the pandemic's influence on the whole industry, as well as an outline of market scenarios before and after COVID-19. All of our reports will be modified before distribution to account for the impact of COVID-19 in order to offer a more accurate market prediction. The research study looks at numerous market segments based on type, application, and geographies. The research also includes a competitive analysis of the top Textured Soy Protein product providers, as well as their most recent advances. This study is divided into three sections: type, application, and region, with market size and forecasts for each area. For the predicted period, yearly compound growth rates for all segments have also been presented.
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Key Industry Players in the Textured Soy Protein Market:
· Archer Daniels Midland Company (US)
· Cargill Inc. (the US)
· Bremil Group (Brazil)
· Shandong Yuxin Bio-Tech (China)
· DowDuPont Inc(US)
· Sonic Biochem Extraction Pvt.Ltd (India)
· Victoria Group A. D. (Serbia)
· DPS/Dutch Protein Services B.V. (Netherlands)
· Linyi Shansong Biological Products Co.Ltd. (China)
· Wilmar International Ltd (Singapore)
· Crown Soya Protein Group (China)
· Sonic Biochem (India)
· Hung Yang Foods Co.Ltd. (Netherlands) and other major players.
In this report, the textured soy protein market is broadly segmented into soy protein concentrates, soy protein isolates, and soy flour. Soy protein concentrates to account for the largest market as they are easily digestible, cheap, and available in granule, flour, and spray-dried forms. They are well-suited for consumers of all age groups, including children, pregnant lactating women, and the geriatric population. In terms of volume, the soy protein isolates segment was the second-largest owing to its higher protein content (90%). Soy protein isolates are also estimated to be the fastest-growing, during the forecast period, both in terms of value and volume.
Segmentation Analysis Includes,
By Type:
· Non-GMO
· Conventional
· Organic
· Others
By Source:
· Soy Protein Isolates
· Soy Protein Concentrates
· Soy Flour
By Application:
· Food Products
· Bakery Products
· Cereals Snacks
· Dairy Alternatives
· Others
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Key Benefits:
· This report provides a quantitative analysis of the current textured soy protein market trends, estimations, and dynamics of the global market size from 2019 to 2026 to identify the prevailing opportunity.
· The key countries in all the major regions are mapped based on their market share.
· Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
· Textured soy protein market forecast is offered along with information related to key drivers, restraints, and trends.
· An in-depth analysis of the global market helps determine the prevailing market opportunities.
In addition, textured soy protein as meat extender is considered to be economically more feasible as compared to other protein products, which fosters the textured soy protein market expansion. However, the availability of variety of other plant-based proteins such as chickpeas, chia, fava beans, and quinoa is anticipated to hamper the textured soy protein market growth.
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Impact of nutrition on the immune system has been well documented. Recent research has underlined the need of getting enough of certain nutrients such as protein in COVID-19, increasing the importance of textured soy protein consumption. Nonetheless, due to the disease's novelty, knowledge of the effects of certain nutrients is limited.
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