Soy Protein Ingredients Market Overview, Growth Drivers, Trends, Key Segments, and Forecast
The soy protein ingredients industry was valued at USD 7.7 billion in 2022 and is projected to reach USD 10.8 billion by 2027, reflecting a compound annual growth rate (CAGR) of 7.0% during the forecast period from 2022 to 2027. Soy protein ingredients are derived from the processing of soymeal to create products with higher protein concentrations, suitable for various food and animal feed applications....
Soy Protein Ingredients Market Size to Reach US$ 10.8 Billion by 2027 | MarketsandMarkets
The global soy protein ingredients market was valued at USD 7.7 billion in 2022 and grew at a CAGR of 7.0% from 2022 to 2027. The market is expected to reach USD 10.8 billion by 2027. Soybeans are used to make the components of soy protein. Soy protein ingredients are produced by processing soymeal to obtain ingredients with higher protein concentrations, which can be used as a protein source in a...