Product Code: ETC4550308 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Textured soy protein, a staple in plant-based diets, has found a solid footing in Singapore food industry. As the demand for meat alternatives and protein-rich vegetarian options continues to rise, textured soy protein products have become integral components of various dishes, from burgers to stir-fries. The market is driven by factors such as sustainability, health-consciousness, and culinary diversity. With ongoing culinary innovation and a growing appetite for plant-based alternatives, the textured soy protein market in Singapore is set for continued expansion.
The Singapore Textured Soy Protein Market is driven by the demand for plant-based and protein-rich meat substitutes. Textured soy protein, derived from soybeans, offers a versatile and cost-effective protein source. As consumers seek sustainable and meatless dietary options, the market for textured soy protein in Singapore expands. Its role in providing the texture and mouthfeel of meat in vegetarian and vegan products fuels market growth.
The Singapore Textured Soy Protein Market confronts challenges linked to consumer preferences and market competition. While textured soy protein is a valuable source of plant-based protein, it faces competition from other meat alternatives, such as plant-based burgers and lab-grown meat. Additionally, consumer taste and texture preferences can be a challenge, as some individuals may not find textured soy protein as appealing as other options. Furthermore, addressing concerns related to allergens, particularly soy allergies, is vital to expanding the market.
The COVID-19 pandemic influenced the Singapore textured soy protein market as consumers sought plant-based protein sources and shelf-stable food options. With concerns about meat supply chain disruptions and a growing interest in vegetarian and vegan diets, textured soy protein gained prominence as an ingredient in meat alternatives and processed foods. The market witnessed an increase in product innovation and a shift towards more sustainable and resilient food choices.
The textured soy protein market in Singapore is influenced by key players like Archer Daniels Midland (ADM) and Cargill. ADM and Cargill are global agribusiness giants known for their diversified soy-based product portfolios, including textured soy proteins, and play pivotal roles in the market`s growth.
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 Singapore Textured Soy Protein Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Textured Soy Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Textured Soy Protein Market - Industry Life Cycle |
3.4 Singapore Textured Soy Protein Market - Porter's Five Forces |
3.5 Singapore Textured Soy Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Textured Soy Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore Textured Soy Protein Market Revenues & Volume Share, By Source Concentrates, 2021 & 2031F |
4 Singapore Textured Soy Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Textured Soy Protein Market Trends |
6 Singapore Textured Soy Protein Market, By Types |
6.1 Singapore Textured Soy Protein Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Textured Soy Protein Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Textured Soy Protein Market Revenues & Volume, By Non-GMO, 2021-2031F |
6.1.4 Singapore Textured Soy Protein Market Revenues & Volume, By Conventional, 2021-2031F |
6.1.5 Singapore Textured Soy Protein Market Revenues & Volume, By Organic, 2021-2031F |
6.2 Singapore Textured Soy Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Textured Soy Protein Market Revenues & Volume, By Food Meat Substitutes, 2021-2031F |
6.2.3 Singapore Textured Soy Protein Market Revenues & Volume, By Dairy Alternatives, 2021-2031F |
6.2.4 Singapore Textured Soy Protein Market Revenues & Volume, By Infant Nutrition, 2021-2031F |
6.2.5 Singapore Textured Soy Protein Market Revenues & Volume, By Bakery, 2021-2031F |
6.3 Singapore Textured Soy Protein Market, By Source Concentrates |
6.3.1 Overview and Analysis |
6.3.2 Singapore Textured Soy Protein Market Revenues & Volume, By Soy protein concentrates, 2021-2031F |
6.3.3 Singapore Textured Soy Protein Market Revenues & Volume, By Soy protein isolates, 2021-2031F |
6.3.4 Singapore Textured Soy Protein Market Revenues & Volume, By Soy flour, 2021-2031F |
7 Singapore Textured Soy Protein Market Import-Export Trade Statistics |
7.1 Singapore Textured Soy Protein Market Export to Major Countries |
7.2 Singapore Textured Soy Protein Market Imports from Major Countries |
8 Singapore Textured Soy Protein Market Key Performance Indicators |
9 Singapore Textured Soy Protein Market - Opportunity Assessment |
9.1 Singapore Textured Soy Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Textured Soy Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore Textured Soy Protein Market Opportunity Assessment, By Source Concentrates, 2021 & 2031F |
10 Singapore Textured Soy Protein Market - Competitive Landscape |
10.1 Singapore Textured Soy Protein Market Revenue Share, By Companies, 2024 |
10.2 Singapore Textured Soy Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |