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Exploring the Global Soy Protein Concentrate Market Trends

The soy protein concentrate market is set for substantial growth, with sales projected to reach over US$ 4.5 billion by 2032, driven by a robust CAGR of approximately 9.2%. Soy protein concentrate has gained prominence in livestock and poultry diets globally due to its consistent protein content and high concentration of essential amino acids. More than two-thirds of protein concentrates used in animal feeds worldwide are derived from soy

The market for soy protein concentrate is anticipated to reach US$ 4.5 billion in sales in 2032, expanding rapidly at a CAGR of about 9.2% by the end of 2032, according to a recent analysis released by FMI.

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The usage of soybeans has increased in livestock and poultry diets all over the world as a result of the invention of soy protein concentrate. Being a consistent source of protein and having a high concentration of essential amino acids, it is proven to be particularly significant in animal nutrition. More than two thirds of the protein concentrates used in animal feeds around the world come from soy.

Key Takeaways from the Soy Protein Concentrate Market Study:

Between 2022 and 2032, the North American soy protein concentrate business is expected to grow at a rate of more than 7.8%, owing to increased demand for healthier baked items.
Asia-Pacific will remain the largest soy protein concentrate market, with sales expected to reach USD 1.8 Bn by the end of 2032.
By the end of 2032, sales of soy protein concentrate for animal feed are expected to account for more than two-fifths of the soy protein concentrate market.
The liquid soy protein concentrate segment is predicted to grow at a quicker rate than the dry soy protein concentrate segment through 2032, despite the fact that the former will continue to be more profitable.
Due to the growing use of soy protein concentrate in the food and beverage industry, the emulsification segment is likely to dominate the European market. The high emulsification qualities also contribute to the dominance.
The nutritional makeup of the goods produced by the two processes varies just a little. SPC is more nutrient-dense than soybean meal and contains 3% fewer oligosaccharides and antigenic components.

SPC is a more inexpensive alternative to premium animal proteins found in the diets of calves, piglets, and dogs, such as fishmeal or skim milk powder. On a protein basis, SPC has the potential to replace up to 50% of fishmeal in salmonid diets in aquaculture.

It is becoming evident that soy protein concentrate must be utilised in place of fishmeal and other animal wastes in the rapidly growing aquaculture sector.

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There are three main causes for this: I limited fishmeal production along with an increase in global aquaculture production; (ii) consumer worries about food safety due to dioxin contamination; and (iii) ethical objections to the use of edible protein in animal diets due to population growth worldwide. Consequently, it is expanding the market for soy protein concentrate.