North America Soy Flour Market Size, Share & Trends Analysis Report By Type, By Application, By Distribution Channel, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Soy Flour Market would witness market growth of 13.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 48,749.8 tonnes, showcasing a growth of 10.4% (2020-2023).

Online stores are increasingly becoming a significant distribution channel for soy flour due to the convenience and accessibility they offer. Consumers can easily browse various brands, compare prices, and read reviews before making a purchase. This channel is particularly popular among health-conscious individuals and those following specialized diets, such as vegan or gluten-free. The advantages of online shopping include a wider product range, home delivery, and the ability to access niche products that may not be available in physical stores. Thus, in Canada, 6,912.5 tonnes of soy flour is expected to be sold through Online stores by the year 2031.

The US market dominated the North America Soy Flour Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,780 million by 2031. The Canada market is expected to witness a CAGR of 14.9% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 14.4% during (2024 - 2031).

Soy flour is used in various applications across various food sectors. Its unique properties make it an attractive ingredient for food manufacturers, bakers, and home cooks. Due to its high protein content and essential amino acids, soy flour is increasingly used in baby food products. It provides a nutritious alternative for infants, especially those with lactose intolerance or soy-based dietary needs.

In gluten-free baking, soy flour acts as an excellent binding agent that helps mimic the elasticity of gluten, resulting in improved texture and volume in breads, cakes, and pastries. Soy flour produces nutritious breakfast cereals and bars, providing an extra protein boost while catering to the growing trend of convenient, on-the-go breakfast options. Due to its starch content, soy flour is a natural thickening agent in sauces, gravies, and soups, providing a smooth texture without synthetic additives.

The e-commerce boom coincides with rising health and wellness trends in Mexico, where consumers increasingly seek nutritious and sustainable food options. Soy flour appeals to a growing demographic of health-conscious individuals. By emphasizing soy flour in health-focused advertisements, recipes, and meal bundles, e-commerce platforms can leverage this trend and stimulate additional market demand. Thus, rising veganism and the increasing e-commerce industry in the region drive the market's growth.

Based on Type, the market is segmented into Defatted and Full-fat. Based on Application, the market is segmented into Bakery & Confectionery, Meat Substitute, Soup & Sausages, Meat & Poultry, Other Applications. Based on Distribution Channel, the market is segmented into Online Stores, Convenience Stores, Departmental Store, Direct Sales, and Other Distribution Channels. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

HDDES Group
Ceylon Spice Company
Elite Spice Inc.
McCormick & Company, Inc.
SDS Spices Pvt Ltd.
Archer Daniels Midland Company
Foodchem International Corporation
Bob's Red Mill Natural Foods, Inc.
CHS Inc.
The Scoular Company

North America Soy Flour Market Report Segmentation

By Type (Volume, Tonnes, USD Billion, 2020-2031)

Defatted
Full-fat

By Application (Volume, Tonnes, USD Billion, 2020-2031)

Bakery & Confectionery
Meat Substitute
Soup & Sausages
Meat & Poultry
Other Applications

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

Online Stores
Convenience Stores
Departmental Store
Direct Sales
Other Distribution Channels

By Country (Volume, Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Soy Flour Market, by Type
- 1.4.2 North America Soy Flour Market, by Application
- 1.4.3 North America Soy Flour Market, by Distribution Channel
- 1.4.4 North America Soy Flour Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Soy Flour Market by Type

4.1 North America Defatted Market by Region
4.2 North America Full-fat Market by Region

Chapter 5. North America Soy Flour Market by Application

5.1 North America Bakery & Confectionery Market by Country
5.2 North America Meat Substitute Market by Country
5.3 North America Soup & Sausages Market by Country
5.4 North America Meat & Poultry Market by Country
5.5 North America Other Applications Market by Country

Chapter 6. North America Soy Flour Market by Distribution Channel

6.1 North America Online Stores Market by Country
6.2 North America Convenience Stores Market by Country
6.3 North America Departmental Store Market by Country
6.4 North America Direct Sales Market by Country
6.5 North America Other Distribution Channels Market by Country

Chapter 7. North America Soy Flour Market by Country

7.1 US Soy Flour Market
- 7.1.1 US Soy Flour Market by Type
- 7.1.2 US Soy Flour Market by Application
- 7.1.3 US Soy Flour Market by Distribution Channel
7.2 Canada Soy Flour Market
- 7.2.1 Canada Soy Flour Market by Type
- 7.2.2 Canada Soy Flour Market by Application
- 7.2.3 Canada Soy Flour Market by Distribution Channel
7.3 Mexico Soy Flour Market
- 7.3.1 Mexico Soy Flour Market by Type
- 7.3.2 Mexico Soy Flour Market by Application
- 7.3.3 Mexico Soy Flour Market by Distribution Channel
7.4 Rest of North America Soy Flour Market
- 7.4.1 Rest of North America Soy Flour Market by Type
- 7.4.2 Rest of North America Soy Flour Market by Application
- 7.4.3 Rest of North America Soy Flour Market by Distribution Channel

Chapter 8. Company Profiles

8.1 HDDES Group
- 8.1.1 Company Overview
8.2 Ceylon Spice Company
- 8.2.1 Company Overview
8.3 Elite Spice Inc.
- 8.3.1 Company Overview
8.4 McCormick & Company, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 SWOT Analysis
8.5 SDS Spices (Private) Limited
- 8.5.1 Company Overview
8.6 Archer Daniels Midland Company
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
8.7 Foodchem International Corporation
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
8.8 Bob's Red Mill Natural Foods, Inc.
- 8.8.1 Company Overview
8.9 Chs Inc.
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 SWOT Analysis
8.10. The Scoular Company
- 8.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Soy Flour Market, 2020 - 2023, USD Million
TABLE 2 North America Soy Flour Market, 2024 - 2031, USD Million
TABLE 3 North America Soy Flour Market, 2020 - 2023, Tonnes
TABLE 4 North America Soy Flour Market, 2024 - 2031, Tonnes
TABLE 5 North America Soy Flour Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Soy Flour Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Soy Flour Market by Type, 2020 - 2023, Tonnes
TABLE 8 North America Soy Flour Market by Type, 2024 - 2031, Tonnes
TABLE 9 North America Defatted Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Defatted Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Defatted Market by Region, 2020 - 2023, Tonnes
TABLE 12 North America Defatted Market by Region, 2024 - 2031, Tonnes
TABLE 13 North America Full-fat Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Full-fat Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Full-fat Market by Region, 2020 - 2023, Tonnes
TABLE 16 North America Full-fat Market by Region, 2024 - 2031, Tonnes
TABLE 17 North America Soy Flour Market by Application, 2020 - 2023, USD Million
TABLE 18 North America Soy Flour Market by Application, 2024 - 2031, USD Million
TABLE 19 North America Soy Flour Market by Application, 2020 - 2023, Tonnes
TABLE 20 North America Soy Flour Market by Application, 2024 - 2031, Tonnes
TABLE 21 North America Bakery & Confectionery Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Bakery & Confectionery Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Bakery & Confectionery Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Bakery & Confectionery Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Meat Substitute Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Meat Substitute Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Meat Substitute Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America Meat Substitute Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Soup & Sausages Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Soup & Sausages Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Soup & Sausages Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Soup & Sausages Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Meat & Poultry Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Meat & Poultry Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Meat & Poultry Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Meat & Poultry Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Other Applications Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Other Applications Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Soy Flour Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 42 North America Soy Flour Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 43 North America Soy Flour Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 44 North America Soy Flour Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 45 North America Online Stores Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Online Stores Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Online Stores Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Online Stores Market by Country, 2024 - 2031, Tonnes
TABLE 49 North America Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Convenience Stores Market by Country, 2020 - 2023, Tonnes
TABLE 52 North America Convenience Stores Market by Country, 2024 - 2031, Tonnes
TABLE 53 North America Departmental Store Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Departmental Store Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Departmental Store Market by Country, 2020 - 2023, Tonnes
TABLE 56 North America Departmental Store Market by Country, 2024 - 2031, Tonnes
TABLE 57 North America Direct Sales Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Direct Sales Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Direct Sales Market by Country, 2020 - 2023, Tonnes
TABLE 60 North America Direct Sales Market by Country, 2024 - 2031, Tonnes
TABLE 61 North America Other Distribution Channels Market by Country, 2020 - 2023, USD Million
TABLE 62 North America Other Distribution Channels Market by Country, 2024 - 2031, USD Million
TABLE 63 North America Other Distribution Channels Market by Country, 2020 - 2023, Tonnes
TABLE 64 North America Other Distribution Channels Market by Country, 2024 - 2031, Tonnes
TABLE 65 North America Soy Flour Market by Country, 2020 - 2023, USD Million
TABLE 66 North America Soy Flour Market by Country, 2024 - 2031, USD Million
TABLE 67 North America Soy Flour Market by Country, 2020 - 2023, Tonnes
TABLE 68 North America Soy Flour Market by Country, 2024 - 2031, Tonnes
TABLE 69 US Soy Flour Market, 2020 - 2023, USD Million
TABLE 70 US Soy Flour Market, 2024 - 2031, USD Million
TABLE 71 US Soy Flour Market, 2020 - 2023, Tonnes
TABLE 72 US Soy Flour Market, 2024 - 2031, Tonnes
TABLE 73 US Soy Flour Market by Type, 2020 - 2023, USD Million
TABLE 74 US Soy Flour Market by Type, 2024 - 2031, USD Million
TABLE 75 US Soy Flour Market by Type, 2020 - 2023, Tonnes
TABLE 76 US Soy Flour Market by Type, 2024 - 2031, Tonnes
TABLE 77 US Soy Flour Market by Application, 2020 - 2023, USD Million
TABLE 78 US Soy Flour Market by Application, 2024 - 2031, USD Million
TABLE 79 US Soy Flour Market by Application, 2020 - 2023, Tonnes
TABLE 80 US Soy Flour Market by Application, 2024 - 2031, Tonnes
TABLE 81 US Soy Flour Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 82 US Soy Flour Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 83 US Soy Flour Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 84 US Soy Flour Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 85 Canada Soy Flour Market, 2020 - 2023, USD Million
TABLE 86 Canada Soy Flour Market, 2024 - 2031, USD Million
TABLE 87 Canada Soy Flour Market, 2020 - 2023, Tonnes
TABLE 88 Canada Soy Flour Market, 2024 - 2031, Tonnes
TABLE 89 Canada Soy Flour Market by Type, 2020 - 2023, USD Million
TABLE 90 Canada Soy Flour Market by Type, 2024 - 2031, USD Million
TABLE 91 Canada Soy Flour Market by Type, 2020 - 2023, Tonnes
TABLE 92 Canada Soy Flour Market by Type, 2024 - 2031, Tonnes
TABLE 93 Canada Soy Flour Market by Application, 2020 - 2023, USD Million
TABLE 94 Canada Soy Flour Market by Application, 2024 - 2031, USD Million
TABLE 95 Canada Soy Flour Market by Application, 2020 - 2023, Tonnes
TABLE 96 Canada Soy Flour Market by Application, 2024 - 2031, Tonnes
TABLE 97 Canada Soy Flour Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Canada Soy Flour Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Canada Soy Flour Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 100 Canada Soy Flour Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 101 Mexico Soy Flour Market, 2020 - 2023, USD Million
TABLE 102 Mexico Soy Flour Market, 2024 - 2031, USD Million
TABLE 103 Mexico Soy Flour Market, 2020 - 2023, Tonnes
TABLE 104 Mexico Soy Flour Market, 2024 - 2031, Tonnes
TABLE 105 Mexico Soy Flour Market by Type, 2020 - 2023, USD Million
TABLE 106 Mexico Soy Flour Market by Type, 2024 - 2031, USD Million
TABLE 107 Mexico Soy Flour Market by Type, 2020 - 2023, Tonnes
TABLE 108 Mexico Soy Flour Market by Type, 2024 - 2031, Tonnes
TABLE 109 Mexico Soy Flour Market by Application, 2020 - 2023, USD Million
TABLE 110 Mexico Soy Flour Market by Application, 2024 - 2031, USD Million
TABLE 111 Mexico Soy Flour Market by Application, 2020 - 2023, Tonnes
TABLE 112 Mexico Soy Flour Market by Application, 2024 - 2031, Tonnes
TABLE 113 Mexico Soy Flour Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 114 Mexico Soy Flour Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 115 Mexico Soy Flour Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 116 Mexico Soy Flour Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 117 Rest of North America Soy Flour Market, 2020 - 2023, USD Million
TABLE 118 Rest of North America Soy Flour Market, 2024 - 2031, USD Million
TABLE 119 Rest of North America Soy Flour Market, 2020 - 2023, Tonnes
TABLE 120 Rest of North America Soy Flour Market, 2024 - 2031, Tonnes
TABLE 121 Rest of North America Soy Flour Market by Type, 2020 - 2023, USD Million
TABLE 122 Rest of North America Soy Flour Market by Type, 2024 - 2031, USD Million
TABLE 123 Rest of North America Soy Flour Market by Type, 2020 - 2023, Tonnes
TABLE 124 Rest of North America Soy Flour Market by Type, 2024 - 2031, Tonnes
TABLE 125 Rest of North America Soy Flour Market by Application, 2020 - 2023, USD Million
TABLE 126 Rest of North America Soy Flour Market by Application, 2024 - 2031, USD Million
TABLE 127 Rest of North America Soy Flour Market by Application, 2020 - 2023, Tonnes
TABLE 128 Rest of North America Soy Flour Market by Application, 2024 - 2031, Tonnes
TABLE 129 Rest of North America Soy Flour Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 130 Rest of North America Soy Flour Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 131 Rest of North America Soy Flour Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 132 Rest of North America Soy Flour Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 133 Key Information - HDDES Group
TABLE 134 Key Information - Ceylon Spice Company
TABLE 135 Key Information - Elite Spice Inc.
TABLE 136 Key Information - McCormick & Company, Inc.
TABLE 137 Key Information - SDS Spices (Private) Limited
TABLE 138 Key Information - Archer Daniels Midland Company
TABLE 139 Key Information - Foodchem International Corporation
TABLE 140 Key information -Bob's Red Mill Natural Foods, Inc.
TABLE 141 Key Information - CHS Inc.
TABLE 142 Key Information - The Scoular Company

North America Soy Flour Market Size, Share & Trends Analysis Report By Type, By Application, By Distribution Channel, By Country and Growth Forecast, 2024 - 2031