| Product Code: ETC4549825 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India soy protein ingredients market import shipment demonstrated a strong growth momentum with a CAGR of 13.6% from 2020 to 2024. The growth rate slightly decelerated between 2023 and 2024, indicating a stabilization phase amidst overall expansion.
The India Soy Protein Ingredients Market has witnessed substantial growth in recent years due to the rising demand for plant-based protein sources. Soy protein, derived from soybeans, is known for its high protein content and nutritional value, making it a preferred choice for health-conscious consumers, athletes, and the food industry. The market`s growth is propelled by factors such as the increasing popularity of vegetarian and vegan diets, concerns over animal welfare, and the rising awareness of the environmental impact of animal agriculture. Soy protein ingredients find application in a wide range of products, including meat substitutes, dairy alternatives, protein bars, and sports nutrition products. With a growing emphasis on health and sustainability, the India Soy Protein Ingredients Market is expected to continue its upward trajectory.
The soy protein ingredients market in India is thriving owing to the growing adoption of vegetarian and vegan diets. Soy protein is recognized as a high-quality plant-based protein source, and it is increasingly used in a variety of food products, including meat alternatives and dairy alternatives. Health-conscious consumers are driving the demand for soy protein ingredients, as they seek products with a better nutritional profile.
Challenges include consumer preferences for traditional protein sources, quality control issues, and the need for better awareness campaigns to highlight the nutritional advantages of soy protein.
Soy protein ingredients are widely used in the food and beverage industry, and the pandemic had mixed effects on this market. While there was a decline in demand from the foodservice sector, the health-conscious consumer trend and increased awareness of plant-based proteins drove retail sales of soy protein ingredients. Producers had to reorient their marketing strategies and adapt to changing consumer preferences.
Key players in the India Soy Protein Ingredients market include Archer Daniels Midland (ADM), DuPont, and Cargill. They are prominent suppliers of soy protein ingredients used in various food and beverage applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Soy Protein Ingredients Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Soy Protein Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 India Soy Protein Ingredients Market - Industry Life Cycle |
3.4 India Soy Protein Ingredients Market - Porter's Five Forces |
3.5 India Soy Protein Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Soy Protein Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Soy Protein Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 India Soy Protein Ingredients Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.9 India Soy Protein Ingredients Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 India Soy Protein Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of soy protein ingredients |
4.2.2 Growing demand for plant-based protein products in India |
4.2.3 Rising disposable income leading to higher spending on healthy food alternatives |
4.3 Market Restraints |
4.3.1 Price fluctuations of soybeans impacting the cost of soy protein ingredients |
4.3.2 Lack of awareness about the benefits of soy protein among certain consumer segments in India |
4.3.3 Limited availability of high-quality soy protein ingredients in the market |
5 India Soy Protein Ingredients Market Trends |
6 India Soy Protein Ingredients Market, By Types |
6.1 India Soy Protein Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Soy Protein Ingredients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Soy Protein Ingredients Market Revenues & Volume, By Soy Protein Concentrates, 2021-2031F |
6.1.4 India Soy Protein Ingredients Market Revenues & Volume, By Soy Protein Isolates, 2021-2031F |
6.1.5 India Soy Protein Ingredients Market Revenues & Volume, By Textured Soy Protein, 2021-2031F |
6.1.6 India Soy Protein Ingredients Market Revenues & Volume, By Soy Flours, 2021-2031F |
6.2 India Soy Protein Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Soy Protein Ingredients Market Revenues & Volume, By Food , 2021-2031F |
6.2.3 India Soy Protein Ingredients Market Revenues & Volume, By Feed, 2021-2031F |
6.3 India Soy Protein Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Soy Protein Ingredients Market Revenues & Volume, By Dry , 2021-2031F |
6.3.3 India Soy Protein Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.4 India Soy Protein Ingredients Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 India Soy Protein Ingredients Market Revenues & Volume, By Muscle Health, 2021-2031F |
6.4.3 India Soy Protein Ingredients Market Revenues & Volume, By Heart Health, 2021-2031F |
6.4.4 India Soy Protein Ingredients Market Revenues & Volume, By Weight Management, 2021-2031F |
6.4.5 India Soy Protein Ingredients Market Revenues & Volume, By Other Functions, 2021-2031F |
6.5 India Soy Protein Ingredients Market, By Nature |
6.5.1 Overview and Analysis |
6.5.2 India Soy Protein Ingredients Market Revenues & Volume, By Conventional, 2021-2031F |
6.5.3 India Soy Protein Ingredients Market Revenues & Volume, By Organic, 2021-2031F |
7 India Soy Protein Ingredients Market Import-Export Trade Statistics |
7.1 India Soy Protein Ingredients Market Export to Major Countries |
7.2 India Soy Protein Ingredients Market Imports from Major Countries |
8 India Soy Protein Ingredients Market Key Performance Indicators |
8.1 Number of new product launches incorporating soy protein ingredients |
8.2 Growth in the number of health and wellness centers promoting soy protein products |
8.3 Increase in the number of partnerships between food manufacturers and soy protein ingredient suppliers |
9 India Soy Protein Ingredients Market - Opportunity Assessment |
9.1 India Soy Protein Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Soy Protein Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Soy Protein Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 India Soy Protein Ingredients Market Opportunity Assessment, By Function, 2021 & 2031F |
9.5 India Soy Protein Ingredients Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 India Soy Protein Ingredients Market - Competitive Landscape |
10.1 India Soy Protein Ingredients Market Revenue Share, By Companies, 2024 |
10.2 India Soy Protein Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |