Soy Protein Concentrate - Global Strategic Business Report

The global market for Soy Protein Concentrate was valued at US$3.4 Billion in 2024 and is projected to reach US$6.6 Billion by 2030, growing at a CAGR of 11.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Soy Protein Concentrate market.

Global Soy Protein Concentrate Market - Key Trends & Drivers Summarized

Soy Protein Concentrate: Is This the Next Evolution in Sustainable Nutrition?

Soy protein concentrate (SPC), derived from defatted soy flour, is quickly becoming a linchpin in the global shift toward plant-based proteins. With protein content ranging from 65-75%, SPC offers a high-quality, digestible protein alternative for food, animal feed, and industrial applications. The demand surge is closely tied to the rising popularity of vegetarian and vegan diets, driven by health, environmental, and ethical motivations. One defining trend is the diversification of SPC use in formulated foods, particularly meat analogues, dairy alternatives, sports nutrition, and clinical nutrition. It acts as a texture enhancer, emulsifier, and water binder - mimicking the functional performance of animal-based proteins. The rise of flexitarian diets and consumer focus on protein enrichment in everyday food is prompting manufacturers to incorporate SPC into bakery products, cereals, sauces, and snacks, fueling further market growth.

Another emerging trend is the push for non-GMO, identity-preserved, and organic soy protein concentrates. With transparency becoming a key differentiator, brands are actively sourcing traceable soybeans and using clean-label extraction methods to meet regulatory and consumer demands. On the technological front, advancements in extrusion, fermentation, and enzyme-assisted processing are improving the taste, solubility, and nutrient profile of SPC. This is helping to reduce the “beany” flavor that has long hindered broader acceptance. Meanwhile, hybrid food innovations - combining SPC with other plant proteins like pea, fava bean, or rice - are expanding the application range while balancing amino acid profiles for improved nutritional value.

Why Is the Application of SPC Spreading Across Food and Feed Industries Alike?

In the food industry, SPC is being hailed as a functional and nutritional powerhouse. It enhances meat analogues by improving chewiness, mouthfeel, and moisture retention, making it a favorite in burger patties, sausages, and ready-to-eat meals. In dairy alternatives, it contributes to viscosity and protein content without the need for synthetic stabilizers. Its compatibility with fortification agents such as vitamins, minerals, and omega-3s further amplifies its appeal in functional and therapeutic food segments. For infant formulas and geriatric nutrition, SPC provides hypoallergenic protein that is easily digestible and bioavailable.

In the animal feed segment, SPC plays a vital role as a premium protein source for aquaculture, poultry, and piglet feeds. Its low anti-nutritional factor content and digestibility make it especially suitable for young animals and fish, where gut health and nutrient absorption are critical. The growth of intensive aquaculture and antibiotic-free poultry farming is pushing the adoption of high-quality, plant-based feed ingredients - making SPC indispensable. Additionally, SPC is emerging in pet nutrition formulations aimed at reducing allergenic reactions and providing a sustainable alternative to meat-based proteins. This convergence of food, feed, and specialty nutrition is reshaping the demand landscape for SPC.

What’s Fueling the Uptick in Demand for Soy Protein Concentrates?

The growth in the soy protein concentrate market is driven by several factors related to food innovation, dietary trends, and feed industry modernization. Chief among these is the meteoric rise in demand for plant-based proteins across developed and emerging markets, spurred by consumer interest in health, climate-friendly diets, and ethical sourcing. In parallel, government-backed nutritional programs and sustainability initiatives are supporting the inclusion of plant proteins like SPC in school meals, hospital nutrition, and disaster relief food.

In the feed sector, increasing scrutiny over antibiotic use and the environmental footprint of fishmeal and meat-based feeds has led to a shift toward plant-based alternatives. SPC offers a sustainable, consistent, and cost-effective solution. On the industrial side, advances in processing have enabled the creation of value-added SPC variants tailored for high-end functional food or clinical applications. The global logistics infrastructure supporting soybean trade and processing, particularly in North and South America, is another critical enabler. Finally, regulatory support for clean-label and allergen-free claims - especially in the EU and North America - is making SPC an essential ingredient for future-forward product development across multiple industries.

Scope of the Report

The report analyzes the Soy Protein Concentrate market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below:

• Segments: Nature (Organic Nature, Conventional Nature); Form (Dry Form, Liquid Form); Function (Solubility Function, Gelation Function, Emulsification Function, Water Binding Function, Texturizing Agent Function, Thickening Agent Function, Fat & Water Absorption Function, Other Functions); Application (Food Products Application, Beverages Application, Nutraceuticals & Dietary Supplements Application, Cosmetics & Personal Care Application, Animal Feed Application, Pharmaceuticals Application, Other Applications).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Organic Nature segment, which is expected to reach US$3.7 Billion by 2030 with a CAGR of a 10.1%. The Conventional Nature segment is also set to grow at 14.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $919.8 Million in 2024, and China, forecasted to grow at an impressive 15.7% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Soy Protein Concentrate Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Soy Protein Concentrate Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Soy Protein Concentrate Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as ADM (Archer-Daniels-Midland), Ajinomoto Co., Inc., Batory Foods, Bunge Limited, CHS Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 47 companies featured in this Soy Protein Concentrate market report include:

• ADM (Archer-Daniels-Midland)
• Ajinomoto Co., Inc.
• Batory Foods
• Bunge Limited
• CHS Inc.
• Cargill, Incorporated
• Corbion Purac
• Crown Soya Protein Group Company
• DuPont Nutrition & Biosciences
• Fuji Oil Holdings Inc.
• Gushen Biological Technology Group
• IMCOPA
• Kanegrade Limited
• Nordic Soya Oy
• Shandong Yuxin Bio-Tech Co., Ltd.
• Sojaprotein
• Solae (IFF)
• Tate & Lyle
• The Vincent Corporation
• Wilmar International Ltd

This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025 (E), competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.