Proteins are macronutrients dabbed as life's building blocks. They make up everything from our muscles, skin, and hair. These nutrients are available in numerous types, one of which is soy protein derived from soybean that has been defatted and dehulled. The soybean is processed into concentrates, isolates, or soy flour, depending on the manufacturer.
Market research estimated the size of the soy protein to be more than $314 million. The demand is continuously growing and is estimated to grow to more than $730 million by 2027. Globally, the protein market is increasing at an estimated CAGR of 12%.
The high growth trend continues as more people opt for healthy nutritional diets and wellness, growing health, and clean label trends. More people are changing their food consumption patterns, and the demand for incorporating soy protein into various products will skyrocket. Below are some notable companies that are ensuring the world gets the best soy protein supply.
US Soy
US Soy is a company headquartered in Chesterfield. The company has been around for many years, representing the health impact achieved in different parts of the world by soy grown and manufactured in the United States of America.
The brand aims to achieve the promise to impact nutrition worldwide by providing sustainable and climate-oriented solutions. It aims to support people's progress and impact different communities positively. The company is synonymous with great innovation, high-quality products, sustainable products grown by US farmers, and reliability.
Moreover, the organization is committed to creating awareness of healthy eating and providing alternatives to animal-based protein. It is continuously building the demand for soybean, reaching new markets, and coming up with new ways and products that ensure customers enjoy the protein-rich soy.
The company dreams of a world where the richness of soy will solve some of the greatest humanity and nutritional challenges.
E.I Dupont De Nemours and Company
E.I Dupont De Nemours and Company was founded in 1802. The company has its headquarters in Wilmington, USA. Dupont conducts research and development, innovation, manufacturing, and marketing. It markets various products to nutrition, agriculture, communication, electronics, safety and protection, and advanced materials industries.
Dupont's operation is divided into eight segments, covering exclusive responsibilities: Performance Material, Agriculture, Biosciences, Communication and Electronics, Health and Nutrition, Industrial Biosciences, Sustainable Solutions, Protection Solution, and Pioneer.
The brand supplies soy under Danisco and is located in most parts of the world, including Latin America, North America, Europe, South Africa, New Zealand, Australia, and Asia.
Now Health Group, Inc.
Now Foods was founded in 1968 and had its headquarters in Bloomingdale, Illinois. The company manufactures and distributes high-quality natural products and dietary supplements. It also provides personal care commodities, natural supplements, and sports nutrition.
You can also get protein powder from pea, rice, soybean, hemp, or quinoa from Now Foods. It is located in different parts of the world, including Europe, Asia-Pacific, Latin America, North America, Africa, and the Middle East.
The company's purpose is to enhance healthy living. Their products are natural, bringing quality that is lacking in the industry. Now Food's mission is to provide services and products that ensure the world leads better and healthier lives. It is committed to community, service, and the environment.
Archer Daniels Midland Company
The company was founded in 1902. It is headquartered in Chicago and is involved in manufacturing and distributing food ingredients, renewable fuels, animal feed ingredients, and natural alternatives to industrial chemicals.
The company has divided its operations into Corn Processing, Agricultural Services, Wild Flavor, Specialty ingredients, and Oilseeds Processing. It also provides protein from soy through food ingredients. The brand offers its services in 160 countries, with 500 locations for crop procurement, 38 for innovation, and 250 for ingredient manufacturing.
Kerry Group
Kerry Group was founded in 1972 and is headquartered in Tralee, Ireland. It is involved in the R&D and manufacturing of ingredients and activities for beverage, pharmaceuticals, and food industries.
Moreover, it is divided into two segments: Customer Foods and Taste & Nutrition, offering soy protein through the company's Taste & Nutrition segment.
The soy protein from Kerry Group is mainly for bakeries, beverages, seafood, and pet food. It has 130 manufacturing points in 28 nations and sells products in more than 160 countries. Furthermore, the brand nourishes people in those countries with nutritious and sustainable solutions with excellent taste.
Conclusion
The US remains among the world's leading markets for soy protein. Studies show that the US holds more than 88% of the market share in 2021. This makes it a lucrative destination for producers and supplies of soy products.
The major reason for the increase in demand for soy protein is the high prevalence of diabetes and obesity in the US. The Center for Disease and Prevention estimated the obesity prevalence in the US at 42.4% in 2018. Also, CDC indicates cardiovascular diseases are a major cause of death in the US. Hence, the need to eat healthy to prevent diseases and other eating trends will continue to push more Americans into consuming soy. If you do not already have your fill with soy products, it is high time you considered joining the rest of the world on the journey to sustainable healthy eating.
