Textured vegetable protein or textured soy protein, soy meat, or soya chunks is a defatted soy flour product, a by-product of extracting soybean oil. It is often used as a meat extender. It is quick to cook, with protein content comparable to certain meats. Textured Vegetable Protein is a highly nutritious soy product. It is rich in complete protein and contains no fat, so it is an excellent alternative to meat. It is made from defatted soy flour that has been cooked under pressure and then dried.
MARKET DYNAMICS
The textured vegetable protein market has witnessed significant growth due to rise in adaption of meat alternatives among consumers. Moreover, growing economical & environment-friendly substitute to animal-sourced food products provides a huge market opportunity for the key players operating in the textured vegetable protein market. However, stringent government regulations is projected to hamper the overall growth of the textured vegetable protein market in the forecast period.
MARKET SCOPE
The "Global Textured Vegetable Protein Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the textured vegetable protein market with detailed market segmentation product type, category, distribution channel, and geography. The global textured vegetable protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading textured vegetable protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global textured vegetable protein market is segmented on the basis of product type, category, and distribution channel. On the basis of product type, the global textured vegetable protein market is divided into flakes, chunks, and others. On the basis of category, the global textured vegetable protein market is divided into organic and conventional. On the basis of distribution channel, the global textured vegetable protein market is divided into hypermarkets and supermarket, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative inproduct type, formation. It provides an overview and forecast of the global textured vegetable protein market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The textured vegetable protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the textured vegetable protein market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the textured vegetable protein market in these regions.
MARKET PLAYERS
The reports cover key developments in the textured vegetable protein market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product type, form launches, product type, form approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from textured vegetable protein market is anticipated to lucrative growth opportunities in the future with the rising demand for textured vegetable protein in the global market. Below mentioned is the list of few companies engaged in the textured vegetable protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the textured vegetable protein market. In addition, the report focuses on leading industry players with inproduct type, formation such as company profiles, components, and services offered, financial inproduct type, formation of the last 3 years, the key development in the past five years.
- ADM
- Beneo GmbH
- Cargill
- DuPont
- MGP Ingredients
- Puris Foods
- Roquette Freres
- The Scoular Company
- VestKorn
- Wilmar International
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.