Market Analysis and Insights: Europe Soy Protein Concentrate Market

The Europe soy protein concentrate market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.6% in the forecast period of 2021 to 2028 and is expected to reach USD 1,432.96 million by 2028. The rising demand for soy protein concentrate in different industries for different functions is a driver for the Europe soy protein concentrate market’s growth.

The soybean [Glycine max (L.) Merrill], a native of China, has been used as one of the most important dietary protein and oil sources. As a result, this small old bean has been dubbed "yellow diamond," "great treasure," "nature's miracle protein," and "meat of the field. “Recently, the soybean has been hailed as a potential weapon against chronic diseases in the Western world. Soybean combines the world's major source of edible vegetable oil with the world's dominant supply of high-protein feed additives for livestock in a single crop. Soy protein concentrates are made by extracting the soluble carbohydrate fraction and certain taste components from a defatted meal. Carbohydrate removal is accomplished through three fundamental processes: 1. acid leaching (isoelectric pH 4.5), 2. Aqueous ethanol extraction (60-80 percent), and 3. Moist heat-water leaching. These treatments cause proteins to become insoluble, but part of the carbohydrates remains soluble, separated by centrifugation. In order to generate soy protein concentrate, the solids containing primarily proteins and insoluble carbohydrates are dispersed in water, neutralized to pH 7.0 if necessary, and spray-dried. Most commercial soy concentrates are made by the aqueous alcohol extraction or acid leaching process.

The soy protein concentrate is prepared from high-quality, sound, clean, dehulled soybean seeds by removing most of the oil and water-soluble non-protein constituents and must contain not less than 70% protein on a moisture-free basis. The factors driving the market's growth are the growing consumption of processed foods and beverages, increase in the number of health-conscious consumers in the European Union (EU), rapidly changing consumer lifestyle, increase in disposable income. The factors expected to restrain the market’s growth are the presence of alternative products in the market and anti-nutritional factors in soybean.

• In addition, the lifestyle change, increase in the number of initiatives taken by the manufacturers is expected to create huge opportunities for the Europe soy protein concentrate market. High competition among market players may create a massive challenge for the Europe soy protein concentrate market.

The soy protein concentrate market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the Soy Protein Concentrate market scenario, contact Data Bridge Market Research for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.

Europe Soy Protein Concentrate Market Scope and Market Size

The Europe soy protein concentrate market is segmented based on category, extraction process, modification type, protein concentration, form, nature, function, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of nature, the Europe soy protein concentrate market is segmented into organic and conventional. In 2021, the conventional segment is expected to dominate the market due to a rise in demand for soy protein concentrate in animal feed.
• On the basis of extraction process, the Europe soy protein concentrate market is segmented into aqueous alcohol wash process, acid wash process, and water wash process with heat denaturation. In 2021, the aqueous alcohol wash process segment is expected to dominate the market as the alcohols do not dissolve the soy protein.
• On the basis of modification type, the Europe soy protein concentrate market is segmented into thermal modification, chemical modification, and enzyme modification. In 2021, the thermal modification segment is expected to dominate the market due to its wide use in the soy protein concentrate modification process.
• On the basis of protein concentration, the Europe soy protein concentrate market is segmented into 20% protein, between 20%-70% and 70% protein. In 2021, between 20%-70% segment is expected to dominate the market as the emulsifying property of the soy concentrates of 20-70% concentration are more effective than soy flour as they contribute cohesion of the product during cooking.  
• On the basis of form, the Europe soy protein concentrate market is segmented into dry and liquid. In 2021, the dry segment is expected to dominate the market due to the wide usage of protein in dry and powder form and easy transport.
• On the basis of category, the Europe soy protein concentrate market is segmented into single compound and fortified compound. In 2021, the single compound segment is expected to dominate the market due to the growing demand for plant-based protein and changing eating habits of people.
• On the basis of function, the Europe soy protein concentrate market is segmented into solubility, gelation, emulsification, water binding, foaming, texturizing agent, stabilizer, thickening agent, and others. In 2021, the emulsification segment is expected to dominate the market due to the increasing usage of soy protein concentrate in the food and beverages industry. Also, the high emulsification properties play a role in the domination.
• On the basis of application, the Europe soy protein concentrate market is segmented into food products, beverages, nutraceuticals, and dietary supplements, cosmetics and personal care, animal feed, pharmaceuticals, and others. In 2021, the food products segment is expected to dominate the market due to a rise in demand for processed foods and beverages.

Europe Soy Protein Concentrate Market Country Level Analysis

The Europe soy protein concentrate market is analyzed, and the country provides market size information, category, extraction process, modification type, protein concentration, form, nature, function, and application as referenced above.

The countries covered in the Europe soy protein concentrate market’s report are Germany, the U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Sweden, Poland, Turkey, and the Rest of Europe. The U.K. is dominating the market due to the rise in demand for meat alternatives and increased awareness of health benefits.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.

Growing strategic activities by major market players to enhance the awareness for soy protein concentrate

The Europe soy protein concentrate market also provides you with a detailed market analysis for every country's growth in a particular market. Additionally, it provides detailed information regarding the market players’ strategy and their geographical presence. The data is available for the historical period 2010 to 2019.

Competitive Landscape and Europe Soy Protein Concentrate Market Share Analysis

The soy protein concentrate market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus on the Europe soy protein concentrate market.

The major companies which are dealing in the Europe soy protein concentrate are Cargill, Incorporated, DuPont, ADM, Wilmar International Ltd, Nordic Soya Oy, Aminola, CROWN SOYA PROTEIN GROUP, “Sodrugestvo” Group of Companies, Victoria Group, Gushen Biotechnology Group Co.,Ltd., Foodchem International Corporation, Sun Nutrafoods, Euroduna Food Ingredients GmbH, DSM, Bunge Limited, Muby Chemicals, Köster Marine Proteins GmbH, European Ingredients Supply Services B.V., and Sonic Biochem. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The companies worldwide initiate many expansion and funding, which accelerates the Europe soy protein concentrate market.

For instance,

• In February 2020, Cargill, Incorporated launched soy-protein-based hamburger patties and ground products. This new product is made from soy protein concentrate. The new product launch helped the company in enhancing their product portfolio of plant-based protein and attracted more consumer base

Collaboration, business expansion, award and recognition, joint ventures, and other strategies by the market player are enhancing the company's footprints in the soy protein concentrate market, which also benefits the organization’s profit growth.