Product Code: ETC4550305 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India textured soy protein market import shipment experienced a declining trend with a CAGR of -6.7% from 2020 to 2024. However, there was a notable uptick in growth rate between 2023 and 2024, indicating a potential momentum shift towards stabilization after a period of slowdown.
The India Textured Soy Protein Market has witnessed substantial growth in recent years, reflecting the growing demand for meat alternatives and the shift towards plant-based protein sources. Textured soy protein, made from defatted soy flour, is a versatile ingredient used in various vegetarian and vegan food products, including meat substitutes, sausages, and burgers. The market`s growth is driven by factors such as increasing health and environmental awareness, a preference for vegetarian and vegan diets, and the need for affordable protein sources. As consumers seek sustainable and protein-rich options, the India Textured Soy Protein Market is poised for further expansion.
The textured soy protein market in India is witnessing substantial growth due to the increasing demand for plant-based meat alternatives and vegetarian protein sources. Textured soy protein is a versatile ingredient used in a wide range of meat substitutes and processed foods. The market`s expansion is also fueled by the need for sustainable protein options and changing dietary preferences.
Challenges include quality consistency, taste preferences, and competition with other protein sources in the market.
The textured soy protein market in India faced challenges during the pandemic, as the food industry was significantly affected by supply chain disruptions and fluctuations in consumer demand. However, as plant-based diets gained popularity, there was renewed interest in textured soy protein as a meat substitute, contributing to market recovery.
Major companies in the India Textured Soy Protein market are Archer Daniels Midland (ADM), DuPont, and Cargill. They specialize in producing textured soy protein used as a meat alternative and protein source in various food products.
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 Textured Soy Protein Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Textured Soy Protein Market Revenues & Volume, 2021 & 2031F |
3.3 India Textured Soy Protein Market - Industry Life Cycle |
3.4 India Textured Soy Protein Market - Porter's Five Forces |
3.5 India Textured Soy Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Textured Soy Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Textured Soy Protein Market Revenues & Volume Share, By Source Concentrates, 2021 & 2031F |
4 India Textured Soy Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and demand for plant-based protein sources |
4.2.2 Rising vegetarian and vegan population in India |
4.2.3 Growing awareness about the health benefits of textured soy protein |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials |
4.3.2 Lack of awareness and understanding about textured soy protein among consumers |
4.3.3 Competition from other plant-based protein sources |
5 India Textured Soy Protein Market Trends |
6 India Textured Soy Protein Market, By Types |
6.1 India Textured Soy Protein Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Textured Soy Protein Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Textured Soy Protein Market Revenues & Volume, By Non-GMO, 2021-2031F |
6.1.4 India Textured Soy Protein Market Revenues & Volume, By Conventional, 2021-2031F |
6.1.5 India Textured Soy Protein Market Revenues & Volume, By Organic, 2021-2031F |
6.2 India Textured Soy Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Textured Soy Protein Market Revenues & Volume, By Food Meat Substitutes, 2021-2031F |
6.2.3 India Textured Soy Protein Market Revenues & Volume, By Dairy Alternatives, 2021-2031F |
6.2.4 India Textured Soy Protein Market Revenues & Volume, By Infant Nutrition, 2021-2031F |
6.2.5 India Textured Soy Protein Market Revenues & Volume, By Bakery, 2021-2031F |
6.3 India Textured Soy Protein Market, By Source Concentrates |
6.3.1 Overview and Analysis |
6.3.2 India Textured Soy Protein Market Revenues & Volume, By Soy protein concentrates, 2021-2031F |
6.3.3 India Textured Soy Protein Market Revenues & Volume, By Soy protein isolates, 2021-2031F |
6.3.4 India Textured Soy Protein Market Revenues & Volume, By Soy flour, 2021-2031F |
7 India Textured Soy Protein Market Import-Export Trade Statistics |
7.1 India Textured Soy Protein Market Export to Major Countries |
7.2 India Textured Soy Protein Market Imports from Major Countries |
8 India Textured Soy Protein Market Key Performance Indicators |
8.1 Number of new product launches incorporating textured soy protein |
8.2 Consumer awareness and perception surveys on textured soy protein |
8.3 Growth in number of food manufacturers using textured soy protein in their products |
8.4 Research and development investment in textured soy protein technologies |
9 India Textured Soy Protein Market - Opportunity Assessment |
9.1 India Textured Soy Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Textured Soy Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Textured Soy Protein Market Opportunity Assessment, By Source Concentrates, 2021 & 2031F |
10 India Textured Soy Protein Market - Competitive Landscape |
10.1 India Textured Soy Protein Market Revenue Share, By Companies, 2024 |
10.2 India Textured Soy Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |