Soy Protein Concentrate Market Size, Growth, and Trends 2025 to 2035

Soy Protein Concentrate Market Size 2025 to 2035

The global soy protein concentrate market size reached at USD 4.42 billion in 2025 and is anticipated to increase from USD 4.64 billion in 2026 to an estimated USD 7.13 billion by 2035, witnessing a CAGR of 4.9% during the forecast period from 2026 to 2035. Growing health consciousness and increasing demand for plant-based protein are driving the market.

Key Highlights

• By region, Asia Pacific dominated the global soy protein concentrate market with 32% largest share in 2025.
• By region, North America is expected to grow at a fastest CAGR from 2026 to 2035.
• By form, the dry segment held the major market share in 2025.
• By form, the liquid segment is projected to grow at a CAGR between 2026 and 2035. 
• By application, the food products segment contributed the biggest market share in 2025.
  By application, the dietary supplements segment is expanding at a significant CAGR between 2026 and 2035.
• By function, the emulsification segment dominated the soy protein concentrate market in 2025. 
• By function, the thickening agent segment is expected to grow at a significant CAGR over the projected period.

Soy Protein Concentrate Industry Coverage

What is the Soy Protein Concentrate Market?

The soy protein concentrate (SPC) market is a growing sector driven by global demand for affordable, plant-based protein, growing health consciousness, and the rise of meat alternatives, with strong growth projected across food & beverage, nutraceuticals, and animal feed.  It provides functional properties such as water binding, emulsification, and texturizing, which improve product stability, texture, and nutritional value. 

Soy Protein Concentrate Market Trends

• Industry Growth Overview: The market presents a considerable growth opportunity, driven by the rising demand for plant-based proteins across various sectors. This increasing demand for soy protein concentrate is largely attributable to the global transition towards plant-based diets, the expanding applications in high-protein food formulations, and the cost-effectiveness of soy protein in comparison to alternative protein sources. The market further benefits from advancements in soy processing technologies and a growing consumer interest in sustainable and non-GMO food solutions.
• Sustainability Trends: When contrasted with animal agriculture, soybean cultivation requires significantly less land and water, which contributes to its classification as an environmentally friendly option. Moreover, soybeans possess the ability to fix nitrogen, which enhances soil health and mitigates the necessity for synthetic fertilizers. To appeal to environmentally conscious consumers, manufacturers are intensifying efforts toward sustainable sourcing practices and relevant certifications.
• Startup Ecosystem: As consumers increasingly seek healthier, sustainable, and ethical food options, the demand for innovative plant-based alternatives to animal meat ranks among the fastest-growing trends in the food industry. In response to this demand, a new generation of food technology start-ups is emerging, poised to make a substantial impact. For example, the U.S.-based startup Improved Nature develops meat alternatives using a proprietary process that transforms soy protein concentrate into plant-based products that replicate the texture of animal meat through the application of heat, pressure, and steam.

Key Technological Shift in the Soy Protein Concentrate Market 

The advent of advanced technologies has the potential to enhance the resource utilization of plant-based proteins compared to traditional processing methods. Novel processing techniques have enabled improvements in the quality characteristics of soy proteins and contributed to the creation of market-oriented food products. Innovations such as cold plasma, ultrasound, high-pressure processing, and enzymatic/fermentation methods are enhancing solubility and emulsification while reducing allergenic properties. Additionally, Artificial Intelligence is transforming the soy protein concentrate sector. AI models can simulate sensory attributes and predict the effects of modifications in ingredients or processing conditions on the final product, facilitating precise adjustments to optimize texture and flavor.

Trade Analysis of the Soy Protein Concentrate: Import and Export Statistics 

• India's exports of Soy Protein Concentrate primarily target Turkey, the Philippines, and Taiwan. On a global scale, the leading exporters of Soy Protein Concentrate include the United States, China, and Brazil. The United States dominates the global market with 5,728 shipments, followed by China with 3,234 shipments, and Brazil, which ranks third with 1,448 shipments. 
• In terms of imports, the majority of the world's Soy Protein Concentrate is imported from the United States, China, and Brazil. The foremost importers of Soy Protein Concentrate are Mexico, the Philippines, and Costa Rica, with Mexico leading imports at 2,960 shipments, followed by the Philippines with 1,330 shipments and Costa Rica with 1,287 shipments.

Value Chain Analysis of Soy Protein Concentrate Market

Raw Material Procurement 

• The primary raw material for soy protein concentrate is dehulled and defatted soybeans, typically sourced in the form of low-temperature soybean flakes or defatted soy flour. 
• Kay players: ADM, Cargill, and Wilmar International

Processing 

• Soy Protein Concentrate processing removes soluble sugars and minerals from defatted soy flakes or flour, using methods like aqueous alcohol washing, acid leaching, or hot water leaching. 
• Key players: Kerry Group, IFF, Gushen Biotechnology, and Crown Soya

Distribution 

• Soy Protein Concentrate distribution involves complex supply chains, from processors to online platforms and retail.

Soy Protein Concentrate Market Regional Insights

North America Dominating the Soy Protein Concentrate Market Growth

North American soy protein concentrate market expects fastest growth during the forecast period, due to the increasing consumer adoption of plant-based protein alternatives. This growth is further augmented by the rising prevalence of vegan and flexitarian diets, alongside a general increase in health consciousness. Additionally, heightened awareness regarding the environmental benefits of plant-based proteins is prompting a growing number of consumers to select soy protein concentrate. Supportive regulatory frameworks and investments in technologies for formulated plant-based food are also contributing to the expansion of this market. With evolving consumer expectations and sustained efforts in product marketing and development, the North American soy protein concentrate market is poised for significant growth.

North America Soy Protein Concentrate Market Size 2025 to 2035

The North America soy protein concentrate market size was calculated at USD 1.41 billion in 2025 with projections indicating a rise from USD 1.48 billion in 2026 to approximately USD 2.28 billion by 2035, expanding at a CAGR of 4.9% throughout the forecast period from 2026 to 2035.

U.S. Soy Protein Concentrate Market Trends

The sustainability trend among consumers is driving demand for soy protein concentrate, thereby advancing the U.S. market. The rising population of vegans and vegetarians, coupled with an increase in lactose intolerance, is further propelling the U.S. market. Soy protein concentrate holds considerable appeal in the food industry for enhancing the color, aroma, and protein content of diverse food products. Moreover, innovations in processing technologies and a broadening application scope, which includes dairy alternatives and functional foods, are supporting market expansion.

How Big is the U.S. Soy Protein Concentrate Market?

The U.S. soy protein concentrate market size estimated at USD 1.06 billion in 2025 and is predicted to increase from USD 1.11 billion in 2026 to nearly reaching USD 1.71 billion by 2035, growing at a CAGR of 4.9% during the forecast period from 2026 to 2035.

Why did the Asia Pacific Dominate the Soy Protein Concentrate Market in 2025?

Asia Pacific dominated the market in 2025. The Asia Pacific soy protein concentrate market is undergoing a notable transformation, propelled by shifting consumer preferences towards plant-based and health-oriented products. Increasing awareness of the nutritional advantages of soy protein, combined with a growing population of vegetarians and vegans, is driving demand within the food and beverage sector. Furthermore, the rising incorporation of soy protein concentrates in functional foods, sports nutrition, and dietary supplements is fostering robust market expansion.

India Soy Protein Concentrate Market Growing with Exports

The Indian soy protein concentrate industry is witnessing a significant transformation, influenced by evolving dietary preferences and heightened health consciousness among consumers. This shift in dietary habits is reshaping the industry landscape as manufacturers refine their product offerings to address the increasing demand for soy products and alternative plant-based options. The industry is particularly bolstered by its role in food fortification, meat alternatives, and dietary supplements, especially in urban centers such as Mumbai, Delhi, and Bengaluru. India is also solidifying its position as a prominent global exporter.

Europe Soy Protein Concentrate Market Expansion

In Europe, the soy protein concentrate market is witnessing substantial growth fueled by escalating consumer demand for plant-based proteins, growing awareness of sustainable and health-conscious dietary choices, and expanding applications across various food and beverages sectors. As the region shifts toward more sustainable and nutritious dietary options, the market is well-positioned to capitalize on evolving consumer preferences and supportive regulatory environments for plant-derived ingredients.

Germany Soy Protein Concentrate Market Analysis

Germany's soy protein industry is undergoing significant transformation, driven by shifts in consumer preferences and dietary habits. Recent advancements in industry-specific innovations, such as soy protein microencapsulation, enzymatic modification, and clean-label processing techniques, are revolutionizing the landscape of soy protein concentrate powder in Germany.

Emerging Soy Protein Concentrate Market of MEA

Middle East and Africa expects substantial growth in the market. The rising disposable incomes and awareness about plant-based diets are driving demand in these areas. Additionally, the emphasis on diversifying food sources to ensure food security contributes to market growth. The increasing demand for gluten-free, high-protein, and functional food further bolsters the adoption of soy protein concentrates as a sustainable and cost-effective protein source. The growing food processing industry, particularly in nations like South Africa, Nigeria, and the Gulf Cooperation Council nations, is also facilitating market growth by combining soy protein concentrate into snacks, bakery items, meat substitutes, and dairy alternatives.

UAE Soy Protein Concentrate Market Trends

In the United Arab Emirates, the soy protein concentrate industry is experiencing growth due to several key drivers, including heightened health awareness and conscious eating habits, which lead to an increase in the consumption of high-protein and nutritious food options. The rise of fitness culture and interest in sports nutrition is also contributing to the demand for protein-enriched foods and beverages. Major drivers include the popularity of flexitarian diets, growing interest in fitness and wellness, and a shift toward locally sourced, environmentally friendly ingredients.

South America Soy Protein Concentrate Market Potential

In South America, the market is driven by the demand for sports and nutrition products among athletes, bodybuilders, and individuals recovering from illnesses. Additionally, the weight management sector is also expanding, with protein serving as a primary constituent ingredient. A substantial population that is lactose intolerant contributes to the demand for alternative dairy substitutes, such as soy protein. The South American soy protein concentrate market is further supported by a growing inclination toward vegan diets, the functional efficiency of these products, and their cost-competitiveness.

Brazil Soy Protein Concentrate Market Analysis

Brazil stands out as one of the largest producers and exporters of soybean, thereby providing a robust raw material base for soy protein concentrate production. Market growth is driven by increasing domestic demand for plant-based proteins, propelled by health-conscious consumers and an expanding vegetarian population. Furthermore, the food processing industry is increasingly adopting soy protein concentrate for use in meat alternatives, dairy substitutes, and functional foods. The competitive landscape features both local and international companies that are focusing on sustainable sourcing and processing efficiencies.

Soy Protein Concentrate Market Segmental Insights

Form Insights

Which Form of the Soy Protein Concentrate Dominated the Soy Protein Concentrate Market in 2025?

The dry segment dominated the market in 2025. Due to its superior shelf life, ease of transportation, and cost-effectiveness in bulk storage and handling, dry soy protein concentrate is widely used in both the food and feed industries. It boasts a high protein content and can be easily incorporated into various formulations, especially in meat analogs and bakery products. 

The Liquid Segment is Expected to Experience the Fastest Growth During the Forecast Period. 

Driven by liquid foods such as beverages, smoothie, and nutraceuticals. Advanced stabilization and emulsification technologies have improved the functional properties of liquid soy protein, making it suitable for a wider range of applications, including beverages and nutritional supplements.

Application Insights

Which Application Segment Dominated the Soy Protein Concentrate Market in 2025?

The food products segment held the largest share of the market in 2025. Increasing demand for textured soy protein from end-users, owing to its nutritional composition, is significantly supporting its growth. More health-conscious individuals worldwide are opting for high-protein products. Additionally, soy protein concentrate (SPC) serves as a cheaper protein source than animal-based alternatives, allowing manufacturers to offer affordable, healthy products.

The Dietary Supplements Segment is Projected to Grow at a Notable Rate During the Forecast Period. 

This growth is driven by an increasing focus on preventive health management and natural ingredient intake. The segment's acceleration reflects a rising consumer interest in protein supplementation and functional nutrition, particularly in sports nutrition and elderly care applications. Increasing concerns regarding obesity, diabetes, and heart health are also driving demand for protein supplements to help manage these conditions.

Function Insights

Which Function Segment Held the Largest Soy Protein Concentrate Market Share in 2025?

The emulsification segment held the largest market share in 2025. The leading position of emulsification is primarily driven by its crucial role in stabilizing food products, particularly in processed foods, meat alternatives, and dairy substitutes. Soy protein concentrate is well-known for its excellent emulsifying properties, allowing it to effectively bind water and fat, thus enhancing texture and consistency in various formulations.

The Thickening Agent Segment is Expected to Experience the Fastest Growth in the Market During the Forecast Period. 

The popularity of ready-to-eat meals and processed foods has increased the acceptance of thickeners in food processing, as they contribute to improved texture, stability, and shelf life. Soy protein concentrate offers exceptional thickening, emulsifying, and moisture-retaining capabilities, which are vital for achieving desirable textures in meat substitutes.

Recent Developments in  the Soy Protein Concentrate Market

Bunge

• Launch: In May 2025, Bunge introduced a new line of soy protein concentrates at IFFA, set to launch in the fall. These concentrates are designed to address common challenges in the plant-based protein sector and aim to offer a clean taste, neutral color, and cost-effective solutions for food manufacturers. They are produced in Bunge's new facility in Morristown, Indiana, as part of the company’s strategy to enhance its plant-protein offerings. (Source: Vegconomist)

International Finance Corporation and Astarta

• Investment: In May 2025, the International Finance Corporation and the agro-industrial holding Astarta signed an investment agreement in Kyiv to construct Ukraine's first plant for producing soy protein concentrate. The total financing amounts to $40 million, including a $27 million direct loan from IFC and $13 million in concessional financing from the Government of the Netherlands. This investment forms part of a financing package of up to $80 million approved by the IFC Board of Directors on April 1, 2025. (Source: odessa)

ACI Group

• Launch: In March 2025, ACI Group, a UK supplier of innovative functional ingredients, launched plant-based protein ingredients, including pea, soy, and wheat proteins, as well as a unique plant-based protein concentrate blend. This new product line aims to meet the growing demand for sustainable, high-quality proteins, providing solutions for various applications. (Source: Food Business MEA)

Top Companies in the Soy Protein Concentrate Market

• ADM provides a diverse range and extensive history of clean-tasting and highly effective soy ingredients that offer excellent flavor, texture, and color. ADM's soy protein concentrates enhance meat and poultry items, boost moisture retention, and improve both texture and emulsification.
• Cargill is a key worldwide provider in the soy protein concentrate industry, supplying a range of soy protein products such as soy flour and textured proteins for use in food, drinks, and animal feed.
• DuPont Nutrition & Biosciences is a leading firm in the soy protein industry, recognized for its premium, functional soy components such as SUPRO soy protein isolates, providing options for plant-based foods and drinks.
• Kerry Group is a major participant in plant-based proteins, such as soy, providing offerings like TexFlex and Plantfare, which are extruded soy proteins for meat substitutes, emphasizing texture, taste, and sustainability for burgers, mince, and poultry products.

Other Key Players in the Market

• CHS Inc.
• Bunge Limited
• Wilmar International
• Farbest Brands
• The Scoular Company
• Sotexpro
• Burcon NutraScience Corporation
• Now Foods
• Glanbia Nutritionals
• Prinova Group LLC
• Sonic Biochem
• Medix Laboratories
• Chaitanya Chemicals
• Bioway (Xi'an) Organic Ingredients Co., Ltd.
• Batory Foods
• Emsland Group
• Grain Processing Corporation
• Global Bio-Chem Technology Group Co., Ltd.
• Costantino & C. SpA
• Foodchem International Corporation
• Avebe
• SMS Corporation Co., Ltd.
• Crown Soya Protein Group
• Shandong Yuwang Industrial Co., Ltd.

Segments Covered in the Report

By Form

• Dry 
  Liquid 

By Application

• Food Products
• Beverages 
• Dietary Supplements
• Nutraceuticals
• Animal Feed 
• Cosmetics and Personal Care
• Pharmaceuticals
• Others

By Function

• Emulsification
• Solubility
• Water Binding
• Foaming
• Thickening Agent
• Others

By Region

• North America
• Europe
• Asia Pacific
• MEA
• Latin America