Global Textured Soy Protein Market Size & Outlook
Global textured soy protein market, 2017-2030 (US$M)
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Global textured soy protein market highlights
- The global textured soy protein market generated a revenue of USD 756.3 million in 2021 and is expected to reach USD 2,189.4 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 12.5% by 2030.
- In terms of segment, textured soy protein concentrate (tspc) accounted for a revenue of USD 354.5 million in 2021.
- Textured Soy Protein Concentrate (TSPC) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 756.3 million |
| Market revenue in 2030 | USD 2,189.4 million |
| Growth rate | 12.5% (CAGR from 2021 to 2030) |
| Largest segment | Textured soy protein concentrate (tspc) |
| Fastest growing segment | Textured Soy Protein Concentrate (TSPC) |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Textured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate |
Other key industry trends
- In terms of revenue, the North America accounted for 35.9% of the global textured soy protein market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 18.6 million by 2030.
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Textured Soy Protein Market Scope
Textured Soy Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global textured soy protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textured soy protein market will help companies and investors design strategic landscapes.
Textured soy protein concentrate (tspc) was the largest segment with a revenue share of 46.87% in 2021. Horizon Databook has segmented the Global textured soy protein market based on textured defatted soy flour (tsf), textured soy protein concentrate (tspc), textured soy protein isolate covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Textured Soy Protein Product Outlook (Revenue, USD Million, 2017-2030)
- Textured Defatted Soy Flour (TSF)
- Textured Soy Protein Concentrate (TSPC)
- Textured Soy Protein Isolate
- Global Textured Soy Protein Type Outlook (Revenue, USD Million, 2017-2030)
- Organic
- Conventional
- Global Textured Soy Protein Application Outlook (Revenue, USD Million, 2017-2030)
- Food & Beverages
- Animal Feed
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Target buyers of Global textured soy protein market databook
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Our clientele includes a mix of textured soy protein market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global textured soy protein market , including forecasts for subscribers. This global databook contains high-level insights into Global textured soy protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global textured soy protein market size, by regions, 2017-2030 (US$M)
Top 10 countries: Textured soy protein market size, 2021 (US$M)
Global textured soy protein market share, by product, 2021 & 2030 (%, US$M)
Textured soy protein market: Opportunity assessment by country
Global textured soy protein market, by region, 2021 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 190.9 | 206.8 | 225.6 | 243.8 | 271.3 | 302.4 | 337.7 | 377.7 | 423.5 | 476.4 | 537.2 | 605.3 | 684.2 | 776.3 | 12.4% |
| Europe | 194.9 | 208.8 | 223.9 | 240.3 | 267.1 | 297.7 | 332.6 | 372.6 | 418.4 | 471.3 | 532.1 | 602.3 | 683.0 | 776.6 | 12.6% |
| Asia Pacific | 106.5 | 115.5 | 125.3 | 133.0 | 148.8 | 168.2 | 190.5 | 216.1 | 245.8 | 280.2 | 320.2 | 367.9 | 425.7 | 496.8 | 14.3% |
| Latin America | 27.3 | 29.6 | 32.0 | 33.5 | 36.0 | 38.7 | 41.8 | 45.2 | 49.0 | 53.1 | 57.6 | 62.7 | 68.2 | 74.3 | 8.4% |
| MEA | 25.6 | 27.4 | 29.4 | 30.9 | 33.1 | 35.6 | 38.2 | 41.1 | 44.3 | 47.7 | 51.5 | 55.7 | 60.3 | 65.4 | 7.9% |
| Overall | 545.3 | 588.1 | 636.3 | 681.4 | 756.3 | 842.5 | 940.8 | 1,052.6 | 1,180.9 | 1,328.6 | 1,498.6 | 1,693.9 | 1,921.4 | 2,189.4 | 12.5% |
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