The Africa Soy Protein Ingredients Market Research Report Forecast 2020 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Soy Protein Ingredients market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Soy Protein Ingredients data that enhances the understanding, scope, and application of this report.
The Africa Soy Protein Ingredients Market is anticipated to register a CAGR of 3.5% during the forecast period (2020-2025).
– The Africa Soy Protein Ingredients market is driven by growing inclination toward vegan diets, the functional efficiency, the cost competitiveness offered by such plant protein products, and their increasing utilization in wide variety of processed foods, especially in the ready-to-eat product category.
– The high functional property of soy protein and its natural health benefit are boosting its market growth. There is an increase in the adoption of soy protein across several end-user industries, owing to its high sustainability.
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Key Market Trends:
Protein Concentrates Holds a Major Share
Soy protein concentrates contain a minimum of 70% protein on a moisture free basis. The soy concentrates have multiple solubility characteristics, depending on the extraction method employed. For instance, the one made with alcohol wash will have low solubility and can be increased by further processing. Soy protein concentrates are available in several forms, such as, granules, flours, and spray dried. Usually, a metric ton of defatted soybean flakes produces 750 kilograms of soybean protein concentrate and retains most of the fiber of the original soybean. Soy protein concentrate is majorly used in the meat & poultry products to increase water and fat retention, and nutritional values (more protein, less fat).
South Africa Dominates the Market
Manufacturers of South Africa are constantly embracing open innovation to gain cost-leadership and fixed suppliers in the early development stage. Plant ingredient in sports nutrition contributes to the major share in the market, segmented by application types. Animal feed is another major market by application type in the country. The changing consumer lifestyles and rising healthcare expenditure are also playing a vital role in the growth of the market. Moreover, the flourishing growth of the retail sector is escalating the growth of the market.
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Highlights of TOC:
Market Overview: It starts with product overview and scope of the Africa Soy Protein Ingredients market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Soy Protein Ingredients market size analysis for the review period 2015-2025.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price, Soy Protein Ingredients market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of Soy Protein Ingredients market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the Soy Protein Ingredients report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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