Organic Soy Protein Market: By Form (Dry Form, Liquid Form), By Product Type (Concentrates, Isolates, and Textured Proteins), By Application (Bakery and Confectionery, Meat Extenders and Substitutes, Nutritional Supplements, Food and Beverages, and Others), and Geography

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Organic Soy Protein Market was valued at USD 384.8 million in 2023 and is poised to grow at a 15.9% CAGR from 2024 to 2030. Organic soy protein is a plant-based protein that is used as a substitute for animal protein in an individual’s diet. Soybean is a legume with very little saturated fat and zero cholesterol. the increasing prevalence of lifestyle diseases is expected to increase the demand for healthy food options over the forecast years. In addition, the increasing concern about the fitness of individuals and rising awareness of health benefits associated with plant-based protein is expected to drive the growth of organic soy protein over the forecast period. Furthermore, the increasing preference for vegan food among consumers, and the growing preference for organic and non-GMO food products are anticipated to boost the growth of the organic soy protein market over the forecast years.

However, factors such as the high cost of organic soy protein products, limited awareness among consumers about the benefits of organic soy protein, and availability of alternative plant-based protein sources are expected to hold back and hinder the growth of the organic soy protein market over the forecast period. Moreover, the increasing research and development of innovative new organic soy protein formulations along with the increasing number of mergers, and acquisitions, among the market players, and a growing number of product launches by the market players are anticipated to open up tremendous opportunities to manufacturers and market players in the growth of organic soy protein market over the forecast period. For instance, in February 2021, Bunge expanded its soy protein manufacturing plants by purchasing two soy processing plants.  

Organic Soy Protein Market Key Developments:

In April 2021, Fuji Oil Holdings Inc. plans to contribute to a sustainable society by using its processing technologies for plant-based food materials by investing in UNOVUS NCAP II Fund, a major fund specializing in food technology.

Organic Soy Protein Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

15.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Organic Soy Protein Market Dynamics

The organic soy protein market is expected to grow over the forecasted period due to the increasing demand for plant-based protein sources due to rising concern about animal welfare, environmental sustainability, and health. Organic soy protein is a popular alternative to animal-based protein such as whey and casein, as it is a complete protein which contains all essential amino acids and its free from cholesterol and lactose. In addition, the growing trend of veganism is expected to drive the demand for plant-based food as it needs an alternative protein resulting in increasing in use of organic soy protein in the food and beverages industries. Thus, drive the growth of organic soy protein market.

Organic Soy Protein Market Segmentation

By Form
  • Dry Form
  • Liquid Form
By Product Type
  • Concentrates
  • Isolates
  • Textured Proteins
By Application
  • Bakery & Confectionery
  • Meat Extenders & Substitutes
  • Nutritional Supplements
  • Food & Beverages
  • Others

Frequently Asked Questions

The organic soy protein market was valued at USD 384.8 million in 2023 and is expected to grow at a 15.9% CAGR from 2024 to 2030.

Increasing demand for plant-based proteins and organic products is expected to drive the growth for organic soy proteins market over the forecast period.

The leading players in the global Organic Soy Protein market are Cargill Incorporated., Kerry Group plc, Wilmar International Ltd., The Nisshin OilliO Group Ltd., Ruchi Soya Industries Ltd., Ag Processing Inc., Devan soy Inc., American Soy Products, Smithfield Foods, Inc., Impossible Foods Inc., Batory Foods, Kellogg NA Co., Doves Farm Foods Ltd.

Increasing research and development activities along with the growing number of product launches are expected to provide opportunities to the market players in the growth of organic soy protein market over the forecast period.

Key Features of the Reports

  • The organic soy protein market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
1.Executive Summary
2.Global Organic Soy Protein Market Introduction 
2.1.Global Organic Soy Protein Market  - Taxonomy
2.2.Global Organic Soy Protein Market  - Definitions
2.2.1.Form
2.2.2.Product Type
2.2.3.Application
2.2.4.Region
3.Global Organic Soy Protein Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Organic Soy Protein Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Organic Soy Protein Market  By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Dry Form
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Liquid Form
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Organic Soy Protein Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Concentrates
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Isolates
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Textured Proteins
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Organic Soy Protein Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Bakery & Confectionery
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Meat Extenders & Substitutes
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Nutritional Supplements
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Food & Beverages
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Organic Soy Protein Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Organic Soy Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Dry Form
9.1.2.Liquid Form
9.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Concentrates
9.2.2.Isolates
9.2.3.Textured Proteins
9.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Bakery & Confectionery
9.3.2.Meat Extenders & Substitutes
9.3.3.Nutritional Supplements
9.3.4.Food & Beverages
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Organic Soy Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Dry Form
10.1.2.Liquid Form
10.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Concentrates
10.2.2.Isolates
10.2.3.Textured Proteins
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Bakery & Confectionery
10.3.2.Meat Extenders & Substitutes
10.3.3.Nutritional Supplements
10.3.4.Food & Beverages
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Organic Soy Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Dry Form
11.1.2.Liquid Form
11.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Concentrates
11.2.2.Isolates
11.2.3.Textured Proteins
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Bakery & Confectionery
11.3.2.Meat Extenders & Substitutes
11.3.3.Nutritional Supplements
11.3.4.Food & Beverages
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Organic Soy Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Dry Form
12.1.2.Liquid Form
12.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Concentrates
12.2.2.Isolates
12.2.3.Textured Proteins
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Bakery & Confectionery
12.3.2.Meat Extenders & Substitutes
12.3.3.Nutritional Supplements
12.3.4.Food & Beverages
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Organic Soy Protein Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Dry Form
13.1.2.Liquid Form
13.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Concentrates
13.2.2.Isolates
13.2.3.Textured Proteins
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Bakery & Confectionery
13.3.2.Meat Extenders & Substitutes
13.3.3.Nutritional Supplements
13.3.4.Food & Beverages
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Cargill Incorporated.
14.2.2.Kerry Group plc
14.2.3.Wilmar International Ltd.
14.2.4.The Nisshin OilliO Group Ltd.
14.2.5.Ruchi Soya Industries Ltd.
14.2.6.Ag Processing Inc.
14.2.7.Devan soy Inc.
14.2.8.American Soy Products
14.2.9.Smithfield Foods, Inc.
14.2.10.Impossible Foods Inc.
14.2.11.Batory Foods
14.2.12.Kellogg NA Co.
14.2.13.Doves Farm Foods Ltd.
15. Research Methodology 
16. Appendix and Abbreviations 
  • Cargill Incorporated.
  • Kerry Group plc
  • Wilmar International Ltd.
  • The Nisshin OilliO Group Ltd.
  • Ruchi Soya Industries Ltd.
  • Ag Processing Inc.
  • Devan soy Inc.
  • American Soy Products
  • Smithfield Foods, Inc.
  • Impossible Foods Inc.
  • Batory Foods
  • Kellogg NA Co.
  • Doves Farm Foods Ltd.

Adjacent Markets