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Sonal Phulambrikar posted an update in the group
3 months agoDairy Derivatives
#Soybean 𝐅𝐨𝐨𝐝 & 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, & 𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
𝐆𝐞𝐭 𝐏𝐃𝐅📚 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14648935
The global soybean food and beverage products market is set to grow from USD 51.4 billion in 2022 to USD 68.3 billion by 2027, at a CAGR of 5.8%.
Soy-based proteins represent a growing opportunity in the current market scenario for alternative proteins.
The changing consumer preference and interest in plant-based protein sources, due to its nutritional profile, inclination toward clean eating, rise in health concerns (lactose intolerance), environmental concerns, and animal welfare, resulting in the growth of the soybean food and beverage products market
𝐇𝐞𝐫𝐞’𝐬 𝐚 𝐬𝐧𝐚𝐩𝐬𝐡𝐨𝐭:
🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
𝐑𝐢𝐬𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲: Soy proteins are a growing alternative to meat and dairy, offering cost-effective nutrition and versatility.
🔹 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐀𝐥𝐥𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐆𝐌𝐎 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: Soy allergies affect 1.9 million Americans, and high GMO content raises health concerns.
🔹 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: Advances in soy protein technology are enabling new product development and customization.
🔹 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚: Leading with a 21.3% market share and significant export growth.
🔹 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
Cargill, CHS Inc., ADM, Hain Celestial Group, and Eden Foods.
#SoybeanMarket #PlantBasedProteins #FoodInnovation #GMOConcerns
linkedin.com
Soybean Food & Beverage Products Market Report: Growth, Opportunities, and Key Industry Players
The global soybean food and beverage products market, valued at approximately USD 51.4 billion in 2022, is projected to expand to USD 68.
