Global Textured Soybean Protein (TSP) Market 2022, Size, Share, Analysis & Forecast 2027:
Textured soy protein (TSP) is a processed food product manufactured from either soymeal flakes, soy flour, or soy protein concentrate.
According to types, the most proportion of the Textured Soybean Protein (TSP) is Textured Soybean Protein Flour, taking about 74% sales share of global market in 2019. The most proportion of Textured Soybean Protein (TSP) is used for Ground Meat and Poultry and the proportion is about 68% in 2019. Asia Pacific is the major consumption region of the global market, which takes about 48% market share.
Market Analysis and Insights: Global Textured Soybean Protein (TSP) Market
The global Textured Soybean Protein (TSP) market is valued at USD 651.9 million in 2019. The market size will reach USD 737 million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Global Textured Soybean Protein (TSP) Scope and Market Size
Textured Soybean Protein (TSP) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Textured Soybean Protein (TSP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
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The research covers the current Textured Soybean Protein (TSP) market size of the market and its growth rates based on 6-year records with company outline of TOP KEY PLAYERS/MANUFACTURERS:
- ADM
- DuPont
- CHS
- Scents Holding
- Sojaprotein
- Cargill
- Gushen Biological
- Wonderful Industrial Group
- FUJIOIL
- Shandong Sanwei Soybean Protein
- Shansong Biological
- Sonic Biochem
- Goldensea Industry
- Soja Austria
- Bremil Group
By the product type, the Textured Soybean Protein (TSP) market is primarily split into:
- Textured Soybean Protein Flour
- Textured Soybean Protein Concentrate
- Others
By the end users/application, Textured Soybean Protein (TSP) market report covers the following segments:
- Ground Meat and Poultry
- Formed Meat Products
- Vegetarian and Analogs
- Nutrition Bars, Cereals & Snacks
- Others
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The key regions covered in the Textured Soybean Protein (TSP) market report are:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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