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PUBLISHER: Grand View Research | PRODUCT CODE: 1588446
PUBLISHER: Grand View Research | PRODUCT CODE: 1588446
Soy Flour Market Size, Share & Trends Analysis Report By Product (Full-fat, Defatted), By Application (Bakery & Confectionery, Meat Substitute, Meat & Poultry, Others), By Region, And Segment Forecasts, 2024 - 2030
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Soy Flour Market Growth & Trends:
The global soy flour market size is expected to reach USD 5.32 billion by 2030, expanding at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for gluten-free and high nutritional value flour in the food industry is propelling the demand for soy based flour. In addition, growing vegan population is one of the key factors boosting the demand for the product as it is the best meat substitute available in the market. These factors are anticipated to ensure the significant growth of the market over the forecast period.
Consumers are shifting their preferences towards healthy and nutritious foods due to increasing health consciousness. Soy based flour is rich in isoflavones, omega-3 fatty acids, protein, vitamins, calcium, fiber, and iron. High nutritional value, along with gluten-free property, makes the product perfect as a nutritious food and meat substitute. In order to cater to this growing demand for meat substitute as well as baked and functional goods, major manufacturers are adopting strategies including mergers and acquisitions as well as new product launches.
For instance, in February 2018, Archer Daniels Midland Company and Cargill entered in an agreement to launch a Joint Venture (JV) 'SoyVen' to cater to the increasing consumer demand for the soy products in Egypt. This agreement resulted in the joint ownership of soy crushing facility, which has a crushing capacity of 6000 tons per day. These initiatives are anticipated to ensure the significant demand for the market over the forecast period.
Asia Pacific is the fastest growing market, expanding at a CAGR of 4.0% from 2019 to 2025. Over the past few years, the region has been witnessing increased investments, along with the new product launch in developing countries such as India. For instance, in June 2018, Louis Dreyfus Company (China) has inaugurated its new oilseeds processing facility at Tianjin. The new facility has the capability of crushing 4,000 tons of soybean and oil refining capacity of 1,200 tons.
Soy Flour Market Report Highlights:
- The defatted soy flour segment dominated the global soy flour market in 2023
- By application, meat substitute segment is expected to register the fastest CAGR of 6.3% over the forecast period
- North America soy flour market held a significant revenue share in the global market in 2023
- Key players include Pure Ceylon Cinnamon; Biofoods Pvt Ltd.; HDDES Group; Ceylon Spice Company; C.F. Sauer Company; Elite Spice; EHL Ingredients; Vippy Industries Ltd.; Devansoy Inc.; The Scoular Company; and UNITECHEM CO., LTD.
Product Code: GVR-3-68038-275-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Soy Flour Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Soy Flour Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.4.1. Porter's Analysis
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Soy Flour Market: Product Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Soy Flour Market: Product Movement Analysis, USD Million, 2018 - 2030
- 5.3. Full-Fat
- 5.3.1. Full-Fat Soy Flour Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Defatted
- 5.4.1. Defatted Soy Flour Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Soy Flour Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Soy Flour Market: Application Movement Analysis, USD Million, 2018 - 2030
- 6.3. Bakery & Confectionery
- 6.3.1. Bakery & Confectionery Soy Flour Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Meat Substitute
- 6.4.1. Meat Substitute Soy Flour Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Meat & Poultry
- 6.5.1. Meat & Poultry Soy Flour Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Soy Flour Market: Regional Estimates & Trend Analysis
- 7.1. Soy Flour Market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Germany Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. UK
- 7.3.3.1. UK Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Italy Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Spain Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. India
- 7.4.3.1. India Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Japan
- 7.4.4.1. Japan Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Australia Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. South Korea Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.2.1. UAE Soy Flour Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. Pure Ceylon Cinnamon
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/Strategic Initiatives
- 8.4.2. Biofoods Pvt Ltd.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/Strategic Initiatives
- 8.4.3. HDDES Group
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/Strategic Initiatives
- 8.4.4. Ceylon Spice Company
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/Strategic Initiatives
- 8.4.5. C.F. Sauer Company
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/Strategic Initiatives
- 8.4.6. First Spice Mixing Compan
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/Strategic Initiatives
- 8.4.7. Elite Spice
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/Strategic Initiatives
- 8.4.8. EHL Ingredients
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/Strategic Initiatives
- 8.4.9. McCormick & Company, Inc.
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/Strategic Initiatives
- 8.4.10. SDS SPICES (PVT) LTD
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments/Strategic Initiatives
- 8.4.1. Pure Ceylon Cinnamon
Product Code: GVR-3-68038-275-4
List of Tables
- 1. Soy flour - Key market driver analysis
- 2. Soy flour - Key market restraint analysis
- 3. Global full-fat soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 4. Global defatted soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 5. Global soy flour market estimates and forecast for bakery & confectionery, 2018 - 2022 (USD Million)
- 6. Global soy flour market estimates and forecast for a meat substitute, 2018 - 2022 (USD Million)
- 7. Global soy flour market estimates and forecast for others, 2018 - 2022 (USD Million)
- 8. North America soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 9. North America soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 10. North America soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 11. U.S. soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 12. U.S. soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 13. U.S. soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 14. Europe soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 15. Europe soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 16. Europe soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 17. U.K. soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 18. U.K. soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 19. U.K. soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 20. Germany soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 21. Germany soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 22. Germany soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 23. Asia Pacific soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 24. Asia Pacific soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 25. Asia Pacific soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 26. China soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 27. China soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 28. China soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 29. Japan soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 30. Japan soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 31. Japan soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 32. India soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 33. India soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 34. India soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 35. Central & South America soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 36. Central & South America Soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 37. Central & South America soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 38. Brazil soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 39. Brazil soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 40. Brazil soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 41. The Middle East & Africa soy flour market estimates and forecast, 2018 - 2022 (USD Million)
- 42. The Middle East & Africa soy flour market revenue estimates and forecast by product, 2018 - 2022 (USD Million)
- 43. The Middle East & Africa soy flour market revenue estimates and forecast by application, 2018 - 2022 (USD Million)
- 44. Vendor landscape
List of Figures
- 1. Soy flour market snapshot
- 2. Soy flour market segmentation & scope
- 3. Soy flour market penetration & growth prospect mapping
- 4. Soy flour value chain analysis
- 5. Soy flour market dynamics
- 6. Soy flour market Porter's analysis
- 7. Soy flour market: Product movement analysis
- 8. Soy flour market: Application movement analysis
- 9. Soy flour market: Regional movement analysis
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