(Food-Beverage-News.Com, September 16, 2017 ) Soy proteins are mostly gluten and cholesterol free. Soy protein Market isolate can be found in protein bars, meal replacement shakes, bottled fruit drinks, soups and sauces, meat analogs, baked goods, breakfast cereals, and some dietary supplements.
The market in North America is greatly driven due to increasing incidence of Obesity, Diabetes and other chronic diseases, which is rising the health awareness amongst the consumers. Due to this they are shifting from dairy to soy products which are much healthier, which is the main factor for increasing demand and hence, contributing to market growth. But, the cost involved in raw materials processing could slow down the market growth in this region.
The North America market for Organic Soy Protein is segmented by Type and by Application. By Type, the market is further segmented as Concentrates, Isolates, and Flour. By Application, the market is further segmented as functional foods, infant formula, dairy alternatives, meat alternatives, bakery & confectionery, and other applications. Soy protein concentrates accounted for the largest market share, by type, due to their wide usage as functional or nutritional ingredients in a wide variety of food products. Functional foods segment accounts a maximum share in the market by application, by application. Increase in functional food consumption by people is driving the demand, which is leading the soy functional foods to contribute maximum to the market. The dairy alternatives application of organic soy protein is expected to grow due to increasing demand for soymilk from lactose-intolerant consumers.
Geographically, North America market for Organic Soy Protein is segmented into U.S and Canada. U.S accounts for the largest share. In both U.S and Canada, there is a great shift to Soy products from Dairy, which is attracting the companies to invest in this region. The major players in the North America Organic Soy Protein Market include Harvest Innovations, Agrawal Oil & Biochem, Frank Food Products, The Scoular Company, Devansoy Inc., Biopress S.A.S., Natural Products Inc., Hodgson Mill, SunOpta, Inc., and World Food Processing.
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