出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年2月
大豆食品・飲料市場 : タイプ (大豆食品、大豆添加物/成分、大豆油)、原料 (GM、非GM/GE)、流通チャネル (スーパーマーケット、ハイパーマーケット)、用途、地域別 – 2027年までの世界予測
Soybean Food & Beverage Products Market by Type (Soybean Food Products, Soybean Additives/Ingredients, Soybean Oil), Source (GM, Non-GM/GE), Distribution Channel (Supermarkets, Hypermarkets), Application, and Region – Global Forecast to 2027
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| 種別 | 英文調査報告書 |
| 価格 |
The global soybean food and beverage products market is estimated to be valued at USD 51.4 billion in 2022. It is projected to reach USD 68.3 billion by 2027, recording a CAGR of 5.8% during the forecast period. Affordability, convenience, taste, and health benefits are important factors that drive the growth of the soybean food and beverage products market.
Increasing health concerns such as obesity and high blood pressure are driving manufacturers in the soybean food & beverage industry to develop sustainable measures, such as the usage of healthy and natural soybean oils, soybean ingredients, soybean food & additives etc. instead of artificial and synthetic ingredients as coloring and flavoring agents. Increased health-consciousness and calorie counting have resulted in an increase in demand for soybean food and beverage products; this market is also driven by product innovation and leading to higher purchase volumes of premium soybean food product offerings.
“North America is projected to witness the growth of 6.3% during the forecast period.”
North America is the largest market for soy protein ingredients. In 2021, it accounted for a 21.3% share of the global soybean food & beverage products market. Growing lactose intolerance among people, which leads them to consume soy products rather than milk and its byproducts, is the secondary driver. Many people who are lactose intolerant live in the US, Europe, Africa, and Asia. Adding various flavors to soy products increases their appeal and demand among consumers. The price of soy is a major selling point because it is significantly less expensive than milk products. More customers are drawn to the products as a result. Given that soy has comparatively fewer calories and several health benefits, health consciousness individuals primarily drive the soy market.
“Innovation & developments related to plant-based protein to augment vegan trend .”
According to a study published by the European Vegetarian Union in 2019, the vegan population in Europe contributes to more than 6% of the European population. This formed one of the prime factors driving the food & beverage manufacturers toward innovation and development of meat alternatives, dairy alternatives, and protein nutritional beverages, and a boost to plant-based food & beverages. Manufacturers such as Archer Daniels Midland Company (US), DuPont (US), Roquette Frères (France), Kerry Group (Ireland), Ingredion (US), Beyond Meat (US), and Tyson Foods (US) have been emphasizing the development of plant-based protein food & beverages.
“Possibilities of nutritional and vitamin deficiencies among vegan is a restratint in the soybean food and beverage products market .”
Vegan diets have been beneficial for human health, but completely cutting animal-sourced food products might pose uncertainty in obtaining crucial nutrients. Plenty of plant protein sources include lentils, beans, chickpeas, nuts, seeds, soy products, and whole grains. Many consumers have been assuming that getting enough protein on a plant-based diet will not be a problem. Still, eradicating animal-sourced food products can cause a deficiency of vitamin B12, omega-3 fatty acids, iron, and creatinine. Soy proteins have large quantities of phytic acid, which has the potential to block the absorption of essential minerals such as calcium, magnesium, copper, iron, and zinc.
Therefore, vegetarians who consume tofu as an alternative to meat and dairy proteins are prone to a mineral deficiency. Omega-3 are essential fatty acids that are crucial for adverse effects on brain and heart health. They are largely sourced from fish and eggs but are also found in walnuts and hemp seeds at comparatively low levels. Meat consists of a type of iron, called heme iron, which is much better absorbed in the human body than non-heme iron sourced from plant-based food. Non-heme iron is poorly absorbed, and its absorption can be limited further by anti-nutrients present in plant-based food, such as phytic acid. Therefore, these deficiencies in plant-based food products are projected to restrain the global plant-based protein market during the forecast period.
Break-up of Primaries:
By Value Chain Side: Demand Side – 41%, Supply Side – 59%
By Designation: Managers – 24%, CXOs – 31%, and Executives- 45%
By Region: Europe – 18%, Asia Pacific – 51%, North America – 21%, RoW – 10%
Leading players profiled in this report:
• Willmar International Limited (Singapore)
• Cargill, Incorporated (US)
• CHS Inc (US)
• ADM (US)
• Kikkoman Group (Japan)
• Alpro (Belgium)
• Barentz (Netherlands)
• Eden Food (US)
• Caramuru (Brazil)
• Hain Celestial Group (US)
• Patanjali Foods Limited (India)
• Vitasoy (Hong Kong)
• Galaxy Nutritional Foods (US)
• Foodchem International Corporation (China)
• Crown Soya Protein Group (China)
• The Scoular Company (US)
• Northern Soy (US)
• Solbar Ltd (China)
• Farbest Tallman Foods Corporation (US)
• Perdue Agribusiness (US)
• Sotexpro (France)
• Bermil Group (Brazil)
• Rio Pardo Potential Vegetal S.A. (Brazil)
• Good Catch Foods (Pennysylvani)
• Living Foods (India)
Research Coverage:
The report segments the soybean food and beverage products market on the basis of type, end-user, source, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global soybean food and beverage products , high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
• To get a comprehensive overview of the soybean food and beverage products market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the soybean food and beverage products market is flourishing
目次
1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.3 STUDY SCOPE 33
FIGURE 1 MARKET SEGMENTATION 33
1.3.1 REGIONS COVERED 34
1.3.2 INCLUSIONS & EXCLUSIONS 34
1.3.3 YEARS CONSIDERED 36
1.4 CURRENCY CONSIDERED 36
TABLE 1 USD EXCHANGE RATES, 2017–2021 37
1.5 UNITS CONSIDERED 37
1.6 STAKEHOLDERS 37
1.7 RECESSION IMPACT 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
FIGURE 2 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 40
2.1.1.1 Key data from secondary sources 40
2.1.2 PRIMARY DATA 40
2.1.2.1 Key data from primary sources 41
2.1.2.2 Key industry insights 42
2.1.2.3 Breakdown of primary interviews 42
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 42
2.2 MARKET SIZE ESTIMATION 43
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 43
FIGURE 4 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 44
FIGURE 5 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET SIZE ESTIMATION (DEMAND SIDE) 45
2.2.2 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 45
FIGURE 6 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 46
FIGURE 7 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY SIDE) 46
2.3 GROWTH RATE FORECAST ASSUMPTION 47
2.4 DATA TRIANGULATION 47
FIGURE 8 DATA TRIANGULATION 47
2.5 ASSUMPTIONS 48
TABLE 2 ASSUMPTIONS 48
2.6 LIMITATIONS & ASSOCIATED RISKS 49
TABLE 3 LIMITATIONS & ASSOCIATED RISKS 49
2.7 IMPACT OF RECESSION 49
3 EXECUTIVE SUMMARY 50
TABLE 4 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET SNAPSHOT, 2022 VS. 2027 50
FIGURE 9 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 51
FIGURE 10 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022 VS. 2027 52
FIGURE 11 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 52
FIGURE 12 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: REGIONAL SNAPSHOT 53
4 PREMIUM INSIGHTS 54
4.1 OPPORTUNITIES FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET PLAYERS 54
FIGURE 13 RISE IN DEMAND FOR PLANT-BASED PRODUCTS TO FUEL DEMAND FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS 54
4.2 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY TYPE AND REGION 55
FIGURE 14 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE 55
4.3 ASIA PACIFIC: SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY COUNTRY AND TYPE 56
FIGURE 15 CHINA CONSUMED MAJORITY OF SOYBEAN FOOD AND BEVERAGE PRODUCTS IN 2021 56
4.4 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: MAJOR REGIONAL SUBMARKETS 57
FIGURE 16 CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN 2021 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MACROECONOMIC INDICATORS 58
5.2.1 GROWING TREND OF MEAT AND DAIRY ALTERNATIVES 58
FIGURE 17 US: ANNUAL SALES OF PLANT-BASED FOOD & BEVERAGES, 2018–2021 (USD BILLION) 59
5.2.2 GROWING VEGAN AND FLEXITARIAN POPULATION WORLDWIDE 59
FIGURE 18 GLOBAL VEGAN POPULATION, 2014-2022 60
5.2.3 INCREASED SOYBEAN PRODUCTION 60
FIGURE 19 SOYBEAN PRODUCTION, 2016–2020 (MILLION TONS) 60
5.3 MARKET DYNAMICS 61
FIGURE 20 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 61
5.3.1 DRIVERS 61
5.3.1.1 Rising instances of lactose intolerance and milk allergies globally 61
5.3.1.2 Innovations & developments related to plant-based protein to augment vegan trend 62
5.3.1.3 Preferred alternative over meat and dairy proteins 62
5.3.2 RESTRAINTS 63
5.3.2.1 Allergies associated with plant-based protein sources 63
5.3.2.2 Possibilities of nutritional & vitamin deficiencies among vegans 63
5.3.3 OPPORTUNITIES 64
5.3.3.1 Soy used for customization of food & beverage to create versatile products 64
5.3.4 CHALLENGES 65
5.3.4.1 Concerns over quality of food & beverages due to adulteration of GM ingredients 65
6 INDUSTRY TRENDS 66
6.1 INTRODUCTION 66
6.2 REGULATORY FRAMEWORK 66
6.2.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
TABLE 8 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
TABLE 9 AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
6.2.2 NORTH AMERICA 69
6.2.2.1 US 69
TABLE 10 SOYMILK COMPOSITION 70
6.2.2.2 Canada 70
6.2.3 EUROPE 71
6.2.4 ASIA PACIFIC 71
6.2.4.1 China 72
6.2.4.2 India 73
6.2.5 SOUTH AMERICA 74
6.2.5.1 Argentina 74
6.2.5.2 Brazil 74
6.3 PATENT ANALYSIS 75
FIGURE 21 NUMBER OF PATENTS APPROVED FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS, 2012–2021 75
FIGURE 22 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS, 2012-2021 76
TABLE 11 LIST OF KEY PATENTS PERTAINING TO SOYBEAN FOOD AND BEVERAGE PRODUCTS, 2018–2022 76
6.4 VALUE CHAIN ANALYSIS 77
6.4.1 RESEARCH & DEVELOPMENT 77
6.4.2 SOURCING OF RAW MATERIALS 77
6.4.3 PRODUCTION & PROCESSING 78
6.4.4 DISTRIBUTION, MARKETING, AND SALES 78
FIGURE 23 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: VALUE CHAIN 78
6.5 TRENDS/DISRUPTIONS IMPACTING BUYERS IN SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET 79
FIGURE 24 REVENUE SHIFT FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET 79
6.6 MARKET ECOSYSTEM 79
6.6.1 DEMAND SIDE 79
6.6.2 SUPPLY SIDE 80
FIGURE 25 SOYBEAN FOOD AND BEVERAGE PRODUCTS: MARKET MAP 80
TABLE 12 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: ECOSYSTEM VIEW 80
6.7 TRADE ANALYSIS 81
6.7.1 SOYBEAN OIL 81
FIGURE 26 IMPORT VALUE OF SOYBEAN FOOD AND BEVERAGE PRODUCTS FOR KEY COUNTRIES, 2017-2021 81
TABLE 13 TOP 10 IMPORTERS OF CRUDE SOYBEAN OIL, 2021 (USD) 82
FIGURE 27 EXPORT VALUE OF SOYBEAN FOOD AND BEVERAGE PRODUCTS FOR KEY COUNTRIES, 2017-2021 82
TABLE 14 TOP 10 EXPORTERS OF CRUDE SOYBEAN OIL, 2021 (USD) 83
6.7.2 SOYBEANS 83
FIGURE 28 EXPORT VALUE OF SOYBEAN FOR KEY COUNTRIES, 2017-2021 83
TABLE 15 EXPORT VALUE OF SOYBEAN FOR KEY COUNTRIES, 2021 (USD) 84
FIGURE 29 IMPORT VALUE OF SOYBEAN FOR KEY COUNTRIES, 2017-2021 85
TABLE 16 IMPORT VALUE OF SOYBEAN FOR KEY COUNTRIES, 2021 (USD) 85
6.8 PRICING ANALYSIS 86
6.8.1 AVERAGE SELLING PRICE ANALYSIS: SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD/KG) 86
FIGURE 30 PRICING ANALYSIS FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY TYPE, 2017-2021 (USD/KG) 86
6.8.2 AVERAGE SELLING PRICE ANALYSIS: SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD/KG) 87
FIGURE 31 PRICING ANALYSIS FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET, BY REGION, 2017-2021 (USD/KG) 87
FIGURE 32 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2017–2021 (USD/KG AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2017–2021 (USD/KG) 87
6.9 TECHNOLOGY ANALYSIS 88
6.9.1 3-D PRINTING 88
6.9.2 ISOLATED SOYBEAN PROTEINS 88
TABLE 17 COMPOSITION OF ISP (% WEIGHT) IN SOYBEAN PROTEIN PRODUCTS 88
FIGURE 33 PRODUCTION OF ISOLATED SOYBEAN PROTEINS: TECHNOLOGY ANALYSIS 89
6.9.3 EXTRUSION 89
6.10 CASE STUDIES 90
6.10.1 ADM AND BENSON HILL PARTNER TO SCALE INNOVATION IN ULTRA-HIGH PROTEIN SOY 90
6.10.2 CDF CORPORATION AND KIKKOMAN GROUP COLLABORATE TO PACK AND TRANSPORT SOY SAUCE SAFELY 90
6.11 KEY CONFERENCES & EVENTS, 2022–2023 91
TABLE 18 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023 91
6.12 PORTER’S FIVE FORCES ANALYSIS 92
TABLE 19 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: PORTER’S FIVE FORCES ANALYSIS 92
6.12.1 THREAT OF NEW ENTRANTS 92
6.12.2 THREAT OF SUBSTITUTES 93
6.12.3 BARGAINING POWER OF SUPPLIERS 93
6.12.4 BARGAINING POWER OF BUYERS 94
6.12.5 INTENSITY OF COMPETITIVE RIVALRY 94
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 95
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 95
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING SOYBEAN FOOD AND BEVERAGE PRODUCTS APPLICATION 95
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING FOR TOP THREE APPLICATIONS 96
6.13.2 BUYING CRITERIA 96
FIGURE 35 KEY BUYING CRITERIA FOR TOP APPLICATIONS 96
TABLE 21 KEY BUYING CRITERIA FOR SOYBEAN FOOD AND BEVERAGE PRODUCTS APPLICATIONS 97
6.14 RECESSION IMPACT ON SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET 97
6.14.1 MACROECONOMIC INDICATORS OF RECESSION 97
FIGURE 36 INDICATORS OF RECESSION 97
FIGURE 37 WORLD INFLATION RATE: 2011-2021 98
FIGURE 38 GLOBAL GDP: 2011-2021 (USD TRILLION) 99
FIGURE 39 GLOBAL FOOD INGREDIENTS MARKET: EARLIER FORECAST VS RECESSION FORECAST 100
FIGURE 40 RECESSION INDICATORS AND THEIR IMPACT ON SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET 101
FIGURE 41 GLOBAL SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET: EARLIER FORECAST VS RECESSION FORECAST 101
7 SOYABEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE 103
7.1 INTRODUCTION 104
FIGURE 42 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 104
TABLE 22 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 104
TABLE 23 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 105
TABLE 24 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 105
TABLE 25 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 105
7.2 SOYBEAN FOOD PRODUCTS 105
7.2.1 SOYBEAN FOOD PRODUCTS TO BOOST SOYBEAN FOOD MARKET 105
TABLE 26 SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 106
TABLE 27 SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 106
TABLE 28 SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 107
TABLE 29 SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 107
7.2.2 FERMENTED 107
7.2.2.1 Fermented foods rich in antioxidants to provide health benefits 107
TABLE 30 FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 108
TABLE 31 FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 108
TABLE 32 FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 109
TABLE 33 FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 109
7.2.2.2 Soy Sauce 110
7.2.2.2.1 Nutritious and umami flavor to augment demand for soy sauces 110
TABLE 34 SOY SAUCE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 110
TABLE 35 SOY SAUCE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 111
7.2.2.3 Natto 111
7.2.2.3.1 Ready-to-eat market to surge demand 111
TABLE 36 NATTO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 37 NATTO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 112
7.2.2.4 Tempeh 112
7.2.2.4.1 Growing consumption of tempeh likely to drive demand 112
TABLE 38 TEMPEH: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 113
TABLE 39 TEMPEH: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 113
7.2.2.5 Miso 113
7.2.2.5.1 Demand for healthy and organic food 113
TABLE 40 MISO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 114
TABLE 41 MISO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 114
7.2.2.6 Soy Cheese 115
7.2.2.6.1 Shift toward soy cheese to drive market 115
TABLE 42 SOY CHEESE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 115
TABLE 43 SOY CHEESE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 115
7.2.2.7 Soy Yogurt 116
7.2.2.7.1 Growing population of lactose intolerance to surge demand for plant-based yogurt 116
TABLE 44 SOY YOGURT: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 116
TABLE 45 SOY YOGURT: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 117
7.2.2.8 Soy Nut Butter 117
7.2.2.8.1 Shift toward soy nut butter to lose weight 117
TABLE 46 SOY NUT BUTTER: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 117
TABLE 47 SOY NUT BUTTER: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 118
7.2.2.9 Tofu 118
7.2.2.9.1 Veganism to contribute to growth of tofu globally 118
TABLE 48 TOFU: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 119
TABLE 49 TOFU: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 119
7.2.2.10 Soy Mayonnaise 119
7.2.2.10.1 Increased demand for plant-based food products to raise demand for soy mayonnaise 119
TABLE 50 SOY MAYONNAISE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 120
TABLE 51 SOY MAYONNAISE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 120
7.2.2.11 Yuba 120
7.2.2.11.1 Increase in demand for Yuba in Asian countries 120
TABLE 52 YUBA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 121
TABLE 53 YUBA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 121
7.2.2.12 Other Fermented Soybean Food Products 121
TABLE 54 OTHER FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 122
TABLE 55 OTHER FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 122
7.2.3 NON-FERMENTED 123
7.2.3.1 Demand for gluten-free, organic, and natural food products 123
TABLE 56 NON-FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 123
TABLE 57 NON-FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 123
TABLE 58 NON-FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 124
TABLE 59 NON-FERMENTED SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 124
7.2.3.2 Soy Flour 124
7.2.3.2.1 Wide range of applications for soy flour to support market growth 124
TABLE 60 SOY FLOUR: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 125
TABLE 61 SOY FLOUR: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 125
7.2.3.3 Soy Grits 126
7.2.3.3.1 High quality protein and low saturated fat to drive demand for soy grits 126
TABLE 62 SOY GRITS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 126
TABLE 63 SOY GRITS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 127
7.2.3.4 Soymilk 127
7.2.3.4.1 Demand for low-calorie food & beverages to drive demand for soymilk 127
TABLE 64 SOYMILK: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 128
TABLE 65 SOYMILK: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 128
7.2.3.5 Soy Nuts 128
7.2.3.5.1 Abundance of antioxidants in soy nuts 128
TABLE 66 SOY NUTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 129
TABLE 67 SOY NUTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 129
7.3 SOYBEAN ADDITIVES/INGREDIENTS 129
7.3.1 HIGH NUTRITIONAL VALUE OF SOY ADDITIVES TO CATER TO DEMAND AMONG POPULATION 129
TABLE 68 SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 130
TABLE 69 SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 130
TABLE 70 SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 130
TABLE 71 SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
7.3.2 SOY PROTEIN CONCENTRATE 131
7.3.2.1 Paleo diet to impact soy protein concentrate market 131
TABLE 72 SOY PROTEIN CONCENTRATES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 132
TABLE 73 SOY PROTEIN CONCENTRATES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 132
7.3.3 SOY PROTEIN ISOLATES 133
7.3.3.1 Consumer awareness toward environment to drive market for soy protein isolate 133
TABLE 74 SOY PROTEIN ISOLATES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 133
TABLE 75 SOY PROTEIN ISOLATES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 134
7.3.4 TEXTURED SOY PROTEIN 134
7.3.4.1 Significant rise in demand for plant-based meat alternatives 134
TABLE 76 TEXTURED SOY PROTEIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 135
TABLE 77 TEXTURED SOY PROTEIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 135
7.3.5 SOY FIBER 136
7.3.5.1 Demand for soy fibers to cater demand of vegetarians and vegans 136
TABLE 78 SOY FIBER: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 136
TABLE 79 SOY FIBER: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 136
7.3.6 OTHER SOYBEAN ADDITIVES/INGREDIENTS 137
TABLE 80 OTHER SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 137
TABLE 81 OTHER SOYBEAN ADDITIVES/INGREDIENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 137
7.4 SOYBEAN OILS 138
7.4.1 DEMAND FOR SOYBEAN OIL TO INCREASE DUE TO ITS RISING USAGE IN PREPARED FOODS 138
TABLE 82 SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 138
TABLE 83 SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 139
TABLE 84 SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 139
TABLE 85 SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 139
7.4.2 PROCESSED SOYBEAN OIL 140
7.4.2.1 High smoke point of soybean oil to increase demand in food industries 140
TABLE 86 PROCESSED SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 141
TABLE 87 PROCESSED SOYBEAN OILS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 141
7.4.3 LECITHIN 141
7.4.3.1 Usage of lecithin in food & beverage and pharmaceutical industry 141
TABLE 88 LECITHIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 142
TABLE 89 LECITHIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 142
8 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION 143
8.1 INTRODUCTION 144
FIGURE 43 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 144
TABLE 90 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 145
TABLE 91 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 145
8.2 BAKERY & CONFECTIONERY 145
8.2.1 USE OF SOY FLOUR AS A BINDING AGENT TO PROPEL DEMAND 145
TABLE 92 BAKERY & CONFECTIONERY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 146
TABLE 93 BAKERY & CONFECTIONERY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 146
8.3 DAIRY PRODUCTS 147
8.3.1 SOYMILK AN ALTERNATIVE TO COW MILK TO BOOST BEVERAGE MARKET 147
TABLE 94 DAIRY PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 147
TABLE 95 DAIRY PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 148
8.4 MEAT PRODUCTS 148
8.4.1 SOY AS AN ALTERNATIVE TO MEAT PRODUCTS TO SURGE DEMAND 148
TABLE 96 MEAT PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 149
TABLE 97 MEAT PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 149
8.5 FUNCTIONAL FOOD & SUPPLEMENTS 149
8.5.1 SOY FOODS SHOW LOWER CHOLESTEROL LEVEL WHEN INCORPORATED IN FUNCTIONAL FOODS 149
TABLE 98 FUNCTIONAL FOOD & SUPPLEMENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 150
TABLE 99 FUNCTIONAL FOOD & SUPPLEMENTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 150
8.6 INFANT FOODS 151
8.6.1 RISING INSTANCES OF LACTOSE INTOLERANCE TO DRIVE DEMAND FOR SOY-BASED INGREDIENTS 151
TABLE 100 INFANT FOODS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 151
TABLE 101 INFANT FOODS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 151
8.7 ANIMAL FEED & PET FOOD 152
8.7.1 HIGH DIGESTIBILITY OF SOY AND LOW FIBER INTAKE IN CATTLE TO DRIVE DEMAND FOR SOY MEAL 152
TABLE 102 ANIMAL FEED & PET FOOD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 153
TABLE 103 ANIMAL FEED & PET FOOD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 153
8.8 OTHER APPLICATIONS 153
TABLE 104 OTHER APPLICATIONS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 154
TABLE 105 OTHER APPLICATIONS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 154
9 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKETS MARKET, BY SOURCE 155
9.1 INTRODUCTION 156
FIGURE 44 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022 VS. 2027 (USD MILLION) 156
TABLE 106 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 157
TABLE 107 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 157
9.2 NON-GM/GE 157
9.2.1 SIGNIFICANT SHIFT TOWARD NUTRITIOUS AND HEALTHY PLANT-BASED DRINKS TO CATER DEMAND FOR NON-GMO BEVERAGES 157
TABLE 108 NON-GM/NON-GE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 158
TABLE 109 NON-GM/NON-GE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 158
9.3 GM 159
9.3.1 GENETICALLY MODIFIED FOOD MARKET TO GROW DUE TO INCREASED AWARENESS TOWARD HEALTHY LIFESTYLE 159
TABLE 110 GM: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 159
TABLE 111 GM: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 160
10 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET,
BY DISTRIBUTION CHANNEL 161
10.1 INTRODUCTION 162
FIGURE 45 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022 VS. 2027 (USD MILLION) 162
TABLE 112 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 163
TABLE 113 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 163
10.2 SUPERMARKETS 163
10.2.1 WIDE RANGE OF SOY PRODUCTS AT LOWER PRICES TO ATTRACT CUSTOMERS 163
TABLE 114 SUPERMARKETS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 164
TABLE 115 SUPERMARKETS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 164
10.3 HYPERMARKETS 165
10.3.1 AVAILABILITY OF SOYMILK, TOFU, AND SOY CHEESE TO DRIVE DEMAND 165
TABLE 116 HYPERMARKETS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 165
TABLE 117 HYPERMARKETS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 165
10.4 CONVENIENCE STORE 166
10.4.1 READY-TO-EAT MEALS TO SURGE DEMAND FOR CONVENIENCE STORES 166
TABLE 118 CONVENIENCE STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 166
TABLE 119 CONVENIENCE STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 167
10.5 DEPARTMENTAL STORES 167
10.5.1 AVAILABILITY OF WIDE RANGE OF GOODS IN DEPARTMENTAL STORES 167
TABLE 120 DEPARTMENTAL STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 168
TABLE 121 DEPARTMENTAL STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 168
10.6 SPECIALTY STORES 168
10.6.1 PREMIUM PRODUCTS IN SPECIALTY STORES TO INCREASE DEMAND FOR SOY-BASED PRODUCTS 168
TABLE 122 SPECIALTY STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 169
TABLE 123 SPECIALTY STORES: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 169
10.7 ONLINE RETAILERS 169
10.7.1 CONVENIENCE AND USER-FRIENDLY PLATFORMS TO BECOME VIABLE CHOICE 169
TABLE 124 ONLINE RETAILERS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 170
TABLE 125 ONLINE RETAILERS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 170
10.8 OTHER DISTRIBUTION CHANNELS 171
TABLE 126 OTHER DISTRIBUTION CHANNELS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 171
TABLE 127 OTHER DISTRIBUTION CHANNELS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 171
11 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION 172
11.1 INTRODUCTION 173
FIGURE 46 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 174
TABLE 128 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (USD MILLION) 174
TABLE 129 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (USD MILLION) 175
TABLE 130 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2017–2021 (KILOTONS) 175
TABLE 131 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY REGION, 2022–2027 (KILOTONS) 175
11.2 NORTH AMERICA 176
FIGURE 47 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET SNAPSHOT 177
TABLE 132 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 177
TABLE 133 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (USD MILLION) 178
TABLE 134 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 178
TABLE 135 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 178
TABLE 136 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 179
TABLE 137 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 179
TABLE 138 NORTH AMERICA: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 179
TABLE 139 NORTH AMERICA: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 179
TABLE 140 NORTH AMERICA: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 180
TABLE 141 NORTH AMERICA: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 180
TABLE 142 NORTH AMERICA: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 181
TABLE 143 NORTH AMERICA: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 181
TABLE 144 NORTH AMERICA: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 181
TABLE 145 NORTH AMERICA: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 182
TABLE 146 NORTH AMERICA: SOYBEAN OIL MARKET, BY TYPE, 2017–2021 (USD MILLION) 182
TABLE 147 NORTH AMERICA: SOYBEAN OIL MARKET, BY TYPE, 2022–2027 (USD MILLION) 182
TABLE 148 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 183
TABLE 149 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 183
TABLE 150 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 184
TABLE 151 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 184
TABLE 152 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 184
TABLE 153 NORTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 185
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 185
FIGURE 48 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018-2021 186
FIGURE 49 NORTH AMERICA: RECESSION IMPACT ANALYSIS 186
11.2.2 US 187
11.2.2.1 Rising inclination toward fiber-rich diet to augment demand for soy-based flour 187
TABLE 154 US: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 187
TABLE 155 US: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 188
11.2.3 CANADA 188
11.2.3.1 Canada exports most of its soybean to cater to needs of consumers globally 188
TABLE 156 CANADA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 189
TABLE 157 CANADA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 189
11.2.4 MEXICO 189
11.2.4.1 Rising demand for soybean meal in animal feed industry to spur market demand 189
TABLE 158 MEXICO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 190
TABLE 159 MEXICO: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 190
11.3 EUROPE 190
TABLE 160 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 191
TABLE 161 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (USD MILLION) 191
TABLE 162 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 192
TABLE 163 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 192
TABLE 164 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 192
TABLE 165 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 193
TABLE 166 EUROPE: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 193
TABLE 167 EUROPE: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 193
TABLE 168 EUROPE: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 194
TABLE 169 EUROPE: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 194
TABLE 170 EUROPE: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 195
TABLE 171 EUROPE: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 195
TABLE 172 EUROPE: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 195
TABLE 173 EUROPE: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 196
TABLE 174 EUROPE: SOYBEAN OIL MARKET, BY TYPE, 2017–2021 (USD MILLION) 196
TABLE 175 EUROPE: SOYBEAN OIL MARKET, BY TYPE, 2022–2027 (USD MILLION) 196
TABLE 176 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 197
TABLE 177 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 197
TABLE 178 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 198
TABLE 179 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 198
TABLE 180 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 198
TABLE 181 EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 199
11.3.1 EUROPE: RECESSION IMPACT ANALYSIS 199
FIGURE 50 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2018–2021 199
FIGURE 51 EUROPEAN SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: RECESSION IMPACT ANALYSIS 200
11.3.2 SPAIN 200
11.3.2.1 Robust growth of plant-based food sector 200
TABLE 182 SPAIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 201
TABLE 183 SPAIN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 201
11.3.3 GERMANY 201
11.3.3.1 Increasing demand for meat alternatives and flexitarian diet to spur growth 201
TABLE 184 GERMANY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 202
TABLE 185 GERMANY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 202
11.3.4 FRANCE 202
11.3.4.1 Government initiatives and measures to increase production of plant-based protein 202
TABLE 186 FRANCE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 203
TABLE 187 FRANCE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 203
11.3.5 UK 204
11.3.5.1 Increase in demand for tofu as a meat alternative and a ready-to-eat product 204
TABLE 188 UK: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 204
TABLE 189 UK: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 205
11.3.6 ITALY 205
11.3.6.1 Soy-based food & beverage products to boost market 205
TABLE 190 ITALY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 205
TABLE 191 ITALY: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 206
11.3.7 THE NETHERLANDS 206
11.3.7.1 Vegan substitutes to grow tremendously to prevent greenhouse gas emissions 206
TABLE 192 THE NETHERLANDS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 206
TABLE 193 THE NETHERLANDS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 207
11.3.8 BELGIUM 207
11.3.8.1 Farmers grow soy crops to cut down on import prices 207
TABLE 194 BELGIUM: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 207
TABLE 195 BELGIUM: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 208
11.3.9 RUSSIA 208
11.3.9.1 Soybean is consumed as an animal alternative protein 208
TABLE 196 RUSSIA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 208
TABLE 197 RUSSIA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 209
11.3.10 REST OF EUROPE 209
TABLE 198 REST OF EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 209
TABLE 199 REST OF EUROPE: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 210
11.4 ASIA PACIFIC 210
FIGURE 52 ASIA PACIFIC: MARKET SNAPSHOT 211
TABLE 200 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 212
TABLE 201 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (USD MILLION) 212
TABLE 202 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (KILO TON) 212
TABLE 203 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (KILO TON) 213
TABLE 204 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 213
TABLE 205 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 213
TABLE 206 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 214
TABLE 207 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 214
TABLE 208 ASIA PACIFIC: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 214
TABLE 209 ASIA PACIFIC: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 214
TABLE 210 ASIA PACIFIC: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 215
TABLE 211 ASIA PACIFIC: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 215
TABLE 212 ASIA PACIFIC: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 216
TABLE 213 ASIA PACIFIC: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 216
TABLE 214 ASIA PACIFIC: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 216
TABLE 215 ASIA PACIFIC: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 217
TABLE 216 ASIA PACIFIC: SOYBEAN OIL MARKET, BY TYPE, 2017–2021 (USD MILLION) 217
TABLE 217 ASIA PACIFIC: SOYBEAN OIL MARKET, BY TYPE, 2022–2027 (USD MILLION) 217
TABLE 218 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 218
TABLE 219 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 218
TABLE 220 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 219
TABLE 221 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 219
TABLE 222 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 219
TABLE 223 ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 220
11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 220
FIGURE 54 ASIA PACIFIC SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: RECESSION IMPACT ANALYSIS 221
11.4.2 CHINA 221
11.4.2.1 China requires soybean meal to feed pigs 221
TABLE 224 CHINA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 222
TABLE 225 CHINA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 222
11.4.3 INDIA 223
11.4.3.1 Health benefits of plant-based beverages to increase market for soymilk 223
TABLE 226 INDIA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 223
TABLE 227 INDIA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 224
11.4.4 JAPAN 224
11.4.4.1 Increase in consumption of protein-rich soy-based food for aging population to drive market 224
TABLE 228 JAPAN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 225
TABLE 229 JAPAN: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 225
11.4.5 AUSTRALIA & NEW ZEALAND 225
11.4.5.1 Soy food consumed as a health supplement to spur market growth 225
TABLE 230 AUSTRALIA AND NEW ZEALAND: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 226
TABLE 231 AUSTRALIA AND NEW ZEALAND: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 226
11.4.6 SOUTH KOREA 226
11.4.6.1 Rise in demand for vegan food to spur market growth 226
TABLE 232 SOUTH KOREA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 227
TABLE 233 SOUTH KOREA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 227
11.4.7 REST OF ASIA PACIFIC 227
TABLE 234 REST OF ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 228
TABLE 235 REST OF ASIA PACIFIC: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 228
11.5 SOUTH AMERICA 229
TABLE 236 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 229
TABLE 237 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (USD MILLION) 229
TABLE 238 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (KILOTONS) 230
TABLE 239 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (KILOTONS) 230
TABLE 240 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 230
TABLE 241 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 231
TABLE 242 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 231
TABLE 243 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 231
TABLE 244 SOUTH AMERICA: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 232
TABLE 245 SOUTH AMERICA: SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 232
TABLE 246 SOUTH AMERICA: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 232
TABLE 247 SOUTH AMERICA: FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 233
TABLE 248 SOUTH AMERICA: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 233
TABLE 249 SOUTH AMERICA: NON-FERMENTED SOYBEAN FOOD PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 233
TABLE 250 SOUTH AMERICA: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 234
TABLE 251 SOUTH AMERICA: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 234
TABLE 252 SOUTH AMERICA: SOYBEAN OIL MARKET, BY TYPE, 2017–2021 (USD MILLION) 234
TABLE 253 SOUTH AMERICA: SOYBEAN OIL MARKET, BY TYPE, 2022–2027 (USD MILLION) 235
TABLE 254 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 235
TABLE 255 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 235
TABLE 256 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 236
TABLE 257 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 236
TABLE 258 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 236
TABLE 259 SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 237
11.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 237
FIGURE 55 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018-2021 237
FIGURE 56 SOUTH AMERICA SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: RECESSION IMPACT ANALYSIS 238
11.5.2 BRAZIL 238
11.5.2.1 Boost in soybean production and processing ecosystem to drive market 238
TABLE 260 BRAZIL: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 239
TABLE 261 BRAZIL: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 239
11.5.3 ARGENTINA 239
11.5.3.1 Rise in obesity rate to drive demand for protein-enriched food products 239
TABLE 262 ARGENTINA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 240
TABLE 263 ARGENTINA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 240
11.5.4 REST OF SOUTH AMERICA 240
TABLE 264 REST OF SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 241
TABLE 265 REST OF SOUTH AMERICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 241
11.6 REST OF THE WORLD (ROW) 242
TABLE 266 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 242
TABLE 267 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (USD MILLION) 242
TABLE 268 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY COUNTRY, 2017–2021 (KILO TON) 242
TABLE 269 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, 2022–2027 (KILO TON) 243
TABLE 270 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 243
TABLE 271 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 243
TABLE 272 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (KILOTONS) 243
TABLE 273 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (KILOTONS) 244
TABLE 274 REST OF THE WORLD: SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 244
TABLE 275 REST OF THE WORLD: SOYBEAN FOOD PRODUCTS: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 244
TABLE 276 REST OF THE WORLD: FERMENTED SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 245
TABLE 277 REST OF THE WORLD: FERMENTED SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 245
TABLE 278 REST OF THE WORLD: NON-FERMENTED SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 246
TABLE 279 REST OF THE WORLD: NON-FERMENTED SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 246
TABLE 280 REST OF THE WORLD: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 246
TABLE 281 REST OF THE WORLD: SOYBEAN ADDITIVES/INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 247
TABLE 282 REST OF THE WORLD: SOYBEAN OIL MARKET, BY TYPE, 2017–2021 (USD MILLION) 247
TABLE 283 REST OF THE WORLD: SOYBEAN OIL MARKET, BY TYPE, 2022–2027 (USD MILLION) 247
TABLE 284 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 248
TABLE 285 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 248
TABLE 286 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2017–2021 (USD MILLION) 249
TABLE 287 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2022–2027 (USD MILLION) 249
TABLE 288 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2017–2021 (USD MILLION) 249
TABLE 289 REST OF THE WORLD: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY SOURCE, 2022–2027 (USD MILLION) 250
11.6.1 REST OF THE WORLD SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: RECESSION IMPACT ANALYSIS 250
FIGURE 57 REST OF THE WORLD: INFLATION RATES, BY KEY COUNTRY, 2018–2021 250
FIGURE 58 REST OF THE WORLD SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET: RECESSION IMPACT ANALYSIS 251
11.6.2 MIDDLE EAST 251
11.6.2.1 Modification of soybean into various forms and flavors to drive market 251
TABLE 290 MIDDLE EAST: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 252
TABLE 291 MIDDLE EAST: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 252
11.6.3 AFRICA 252
11.6.3.1 Rising demand for functional foods fortified with protein to drive market 252
TABLE 292 AFRICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2017–2021 (USD MILLION) 253
TABLE 293 AFRICA: SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 253
12 COMPETITIVE LANDSCAPE 254
12.1 OVERVIEW 254
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 254
TABLE 294 STRATEGIES ADOPTED BY KEY SOYBEAN FOOD & BEVERAGE PRODUCTS MANUFACTURERS 255
12.3 MARKET SHARE ANALYSIS 258
TABLE 295 SOY FOODS AND BEVERAGES PRODUCT MARKET: DEGREE OF COMPETITION 258
12.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 259
FIGURE 59 FIVE-YEAR SEGMENTAL ANALYSIS OF KEY PLAYERS IN THE MARKET, 2017–2021 (USD BILLION) 259
12.5 KEY PLAYER EVALUATION QUADRANT (KEY PLAYERS) 260
12.5.1 STARS 260
12.5.2 EMERGING LEADERS 260
12.5.3 PERVASIVE PLAYERS 260
12.5.4 PARTICIPANTS 261
FIGURE 60 SOYBEAN FOOD & BEVERAGE PRODUCTS MARKET COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS) 261
12.6 PRODUCT FOOTPRINT (KEY PLAYERS) 262
TABLE 296 COMPANY FOOTPRINT, BY TYPE (KEY PLAYERS) 262
TABLE 297 COMPANY FOOTPRINT, BY APPLICATION (KEY PLAYERS) 263
TABLE 298 COMPANY FOOTPRINT, BY REGION (KEY PLAYERS) 264
TABLE 299 OVERALL COMPANY FOOTPRINT (KEY PLAYERS) 265
12.7 STARTUP/SME EVALUATION QUADRANT 266
12.7.1 PROGRESSIVE COMPANIES 266
12.7.2 STARTING BLOCKS 266
12.7.3 RESPONSIVE COMPANIES 266
12.7.4 DYNAMIC COMPANIES 266
FIGURE 61 SOYBEAN FOOD AND BEVERAGE PRODUCTS MARKET COMPANY EVALUATION QUADRANT, 2022 (STARTUP/SME) 267
12.7.5 COMPETITIVE BENCHMARKING OF OTHER PLAYERS 268
TABLE 300 DETAILED LIST OF OTHER PLAYERS 268
TABLE 301 COMPETITIVE BENCHMARKING OF OTHER PLAYERS 269
12.8 COMPETITIVE SCENARIO 270
12.8.1 PRODUCT LAUNCHES 270
TABLE 302 PRODUCT LAUNCHES, 2017–2022 270
12.8.2 DEALS 271
TABLE 303 DEALS, 2017–2022 271
12.8.3 OTHERS 274
TABLE 304 OTHERS, 2017–2022 274
13 COMPANY PROFILES 276
(Business overview, Products/Solutions offered, Recent developments & MnM View)*
13.1 KEY PLAYERS 276
13.1.1 WILMAR INTERNATIONAL LIMITED 276
TABLE 305 WILMAR INTERNATIONAL LIMITED: BUSINESS OVERVIEW 276
FIGURE 62 WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT 277
TABLE 306 WILLMAR INTERNATIONAL LIMITED: PRODUCTS OFFERED 277
TABLE 307 WILLMAR INTERNATIONAL LIMITED: DEALS 278
13.1.2 CARGILL, INCORPORATED 280
TABLE 308 CARGILL, INCORPORATED: BUSINESS OVERVIEW 280
FIGURE 63 CARGILL, INCORPORATED: COMPANY SNAPSHOT 281
TABLE 309 CARGILL, INCORPORATED: PRODUCTS OFFERED 281
TABLE 310 CARGILL, INCORPORATED: DEALS 281
TABLE 311 CARGILL, INCORPORATED: OTHERS 282
13.1.3 CHS INC. 283
TABLE 312 CHS INC.: BUSINESS OVERVIEW 283
FIGURE 64 CHS INC.: COMPANY SNAPSHOT 284
TABLE 313 CHS INC.: PRODUCTS OFFERED 284
TABLE 314 CHS INC: OTHERS 285
13.1.4 ADM 286
TABLE 315 ADM: BUSINESS OVERVIEW 286
FIGURE 65 ADM: COMPANY SNAPSHOT 287
TABLE 316 ADM: PRODUCTS OFFERED 287
TABLE 317 ADM: DEALS 288
TABLE 318 ADM: OTHERS 289
13.1.5 KIKKOMAN GROUP 291
TABLE 319 KIKKOMAN GROUP: BUSINESS OVERVIEW 291
FIGURE 66 KIKKOMAN GROUP: COMPANY SNAPSHOT 292
TABLE 320 KIKKOMAN GROUP: PRODUCTS OFFERED 292
TABLE 321 KIKKOMAN GROUP: PRODUCT LAUNCHES 293
13.1.6 ALPRO 295
TABLE 322 ALPRO: BUSINESS OVERVIEW 295
TABLE 323 ALPRO: PRODUCTS OFFERED 295
TABLE 324 ALPRO: PRODUCT LAUNCHES 296
TABLE 325 ALPRO: DEALS 296
TABLE 326 ALPRO: OTHERS 297
13.1.7 BARENTZ 298
TABLE 327 BARENTZ: BUSINESS OVERVIEW 298
FIGURE 67 BARENTZ: COMPANY SNAPSHOT 298
TABLE 328 BARENTZ: PRODUCTS OFFERED 299
TABLE 329 BARENTZ: DEALS 299
13.1.8 EDEN FOODS 300
TABLE 330 EDEN FOODS: BUSINESS OVERVIEW 300
TABLE 331 EDEN FOODS: PRODUCTS OFFERED 300
13.1.9 CARAMURU 301
TABLE 332 CARAMURU: BUSINESS OVERVIEW 301
FIGURE 68 CARAMURU: COMPANY SNAPSHOT 301
TABLE 333 CARAMURU: PRODUCTS OFFERED 302
TABLE 334 CARAMURU: DEALS 302
13.1.10 HAIN CELESTIAL GROUP 303
TABLE 335 HAIN CELESTIAL GROUP: BUSINESS OVERVIEW 303
TABLE 336 HAIN CELESTIAL GROUP: PRODUCTS OFFERED 303
13.1.11 PATANJALI FOODS LIMITED 304
TABLE 337 PATANJALI FOODS LIMITED: BUSINESS OVERVIEW 304
FIGURE 69 PATANJALI FOODS LIMITED: COMPANY SNAPSHOT 304
TABLE 338 PATANJALI FOODS LIMITED: PRODUCTS OFFERED 305
13.1.12 VITASOY 306
TABLE 339 VITASOY: BUSINESS OVERVIEW 306
FIGURE 70 VITASOY: COMPANY SNAPSHOT 306
TABLE 340 VITASOY: PRODUCTS OFFERED 307
TABLE 341 VITASOY: PRODUCT LAUNCHES 307
13.1.13 GALAXY NUTRITIONAL FOODS 308
TABLE 342 GALAXY NUTRITIONAL FOODS: BUSINESS OVERVIEW 308
TABLE 343 GALAXY NUTRITIONAL FOODS: PRODUCTS OFFERED 308
13.1.14 FOODCHEM INTERNATIONAL CORPORATION 309
TABLE 344 FOODCHEM INTERNATIONAL CORPORATION: BUSINESS OVERVIEW 309
TABLE 345 FOODCHEM INTERNATIONAL CORPORATION: PRODUCTS OFFERED 309
13.1.15 CROWN SOYA PROTEIN GROUP 310
TABLE 346 CROWN SOYA PROTEIN GROUP: BUSINESS OVERVIEW 310
TABLE 347 CROWN SOYA PROTEIN GROUP: PRODUCTS OFFERED 310
13.2 STARTUPS/SMES/OTHER PLAYERS 312
13.2.1 THE SCOULAR COMPANY 312
TABLE 348 THE SCOULAR COMPANY: BUSINESS OVERVIEW 312
TABLE 349 THE SCOULAR COMPANY: PRODUCTS OFFERED 312
13.2.2 NORTHERN SOY 313
TABLE 350 NORTHERN SOY: BUSINESS OVERVIEW 313
TABLE 351 NORTHERN SOY: PRODUCTS OFFERED 313
13.2.3 SOLBAR LTD 314
TABLE 352 SOLBAR LTD: BUSINESS OVERVIEW 314
TABLE 353 SOLBAR LTD: PRODUCTS OFFERED 314
13.2.4 FARBEST TALLMAN FOODS CORPORATION 315
TABLE 354 FARBEST TALLMAN FOODS CORPORATION: BUSINESS OVERVIEW 315
TABLE 355 FARBEST TALLMAN FOODS CORPORATION: PRODUCTS OFFERED 315
13.2.5 PERDUE AGRIBUSINESS 316
TABLE 356 PERDUE AGRIBUSINESS: BUSINESS OVERVIEW 316
TABLE 357 PERDUE AGRIBUSINESS: PRODUCTS OFFERED 316
13.2.6 SOTEXPRO 317
TABLE 358 SOTEXPRO: BUSINESS OVERVIEW 317
13.2.7 BREMILL GROUP 317
TABLE 359 BREMILL GROUP: BUSINESS OVERVIEW 317
13.2.8 RIO PARDO PROTEINA VEGETAL S.A. 318
TABLE 360 RIO PARDO PROTEINA VEGETAL S.A.: BUSINESS OVERVIEW 318
13.2.9 GOOD CATCH FOODS 318
TABLE 361 GOOD CATCH FOODS: BUSINESS OVERVIEW 318
13.2.10 LIVING FOODS 319
TABLE 362 LIVING FOODS: BUSINESS OVERVIEW 319
*Details on Business overview, Products/Solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS 320
14.1 INTRODUCTION 320
TABLE 363 ADJACENT MARKETS 320
14.2 RESEARCH LIMITATIONS 320
14.3 SOY PROTEIN INGREDIENTS MARKET 320
14.3.1 MARKET DEFINITION 320
14.3.2 MARKET OVERVIEW 321
TABLE 364 SOY PROTEIN INGREDIENTS MARKET, BY FORM, 2018–2021 (USD MILLION) 322
TABLE 365 SOY PROTEIN INGREDIENTS MARKET, BY FORM, 2022–2027 (USD MILLION) 322
14.4 PROTEIN INGREDIENTS MARKET 322
14.4.1 MARKET DEFINITION 322
14.4.2 MARKET OVERVIEW 322
TABLE 366 PROTEIN INGREDIENTS MARKET, BY SOURCE, 2020–2025 (USD MILLION) 323
14.5 PLANT-BASED PROTEIN MARKET 323
14.5.1 MARKET DEFINITION 323
14.5.2 MARKET OVERVIEW 323
TABLE 367 PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2021 (USD MILLION) 324
TABLE 368 PLANT-BASED PROTEIN MARKET, BY TYPE, 2022–2027 (USD MILLION) 324
15 APPENDIX 325
15.1 DISCUSSION GUIDE 325
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 332
15.3 CUSTOMIZATION OPTIONS 334
15.4 RELATED REPORTS 334
15.5 AUTHOR DETAILS 335