North America Textured Soy Protein Market Size & Outlook
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North America textured soy protein market highlights
- The North America textured soy protein market generated a revenue of USD 271.3 million in 2021.
- The market is expected to grow at a CAGR of 12.4% from 2022 to 2030.
- In terms of segment, textured soy protein concentrate (tspc) was the largest revenue generating product in 2021.
- Textured Soy Protein Concentrate (TSPC) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 271.3 million |
| Market revenue in 2030 | USD 776.3 million |
| Growth rate | 12.4% (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 |
| Key market players worldwide | Archer-Daniels Midland Co, Cargill, Bunge Global SA, International Flavors & Fragrances Inc, Victoria PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 35.9% of the global textured soy protein market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 496.8 million by 2030.
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Textured Soy Protein Market Scope
Textured Soy Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Victoria PLC | View profile | 6750 | Worcester Six Business Park, Worcester, United Kingdom, WR4 0AE | https://www.victoriaplc.com |
| Bunge Global SA | View profile | 23000 | 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 | https://www.bunge.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| International Flavors & Fragrances Inc | View profile | 21500 | 521 West 57th Street, New York, NY, United States, 10019-2960 | https://www.iff.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
North America 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 46.89% in 2021. Horizon Databook has segmented the North America 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.
- North America Textured Soy Protein Product Outlook (Revenue, USD Million, 2017-2030)
- Textured Soy Protein Isolate
- Textured Defatted Soy Flour (TSF)
- Textured Soy Protein Concentrate (TSPC)
- North America Textured Soy Protein Type Outlook (Revenue, USD Million, 2017-2030)
- Conventional
- Organic
- North America Textured Soy Protein Application Outlook (Revenue, USD Million, 2017-2030)
- Animal Feed
- Food & Beverages
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America textured soy protein market , including forecasts for subscribers. This continent databook contains high-level insights into North America textured soy protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America textured soy protein market size, by country, 2017-2030 (US$M)
North America Textured Soy Protein Market Outlook Share, 2021 & 2030 (US$M)
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