How big is the Soy Protein Market | Forecast & Growth Analysis 2025

Code: MTA9093 Publication Date: Sep 2025

How Big is the Soy Protein Market?

According to 6Wresearch internal database and industry insights, the Global Soy Protein Market was valued at USD 15.3 billion in 2024 and is expected to reach USD 21.7 billion by 2031, growing at a compound annual growth rate of 5.14% during the forecast period (2025-2031).

The soy protein market is growing rapidly as consumers, athletes, and vegans choose soy protein for use in a variety of food, beverage, and supplement options. The versatility, affordability, and sustainability of soy protein compared to animal protein make it the preferred choice around the world.

Key Growth Drivers of the Soy Protein Market

  • Growing plant-protein demand across the food and beverage categories.
  • Growing incidence of lactose intolerance and dairy allergies.
  • Growing applications in sports nutrition and dietary supplements.
  • Cost-effectiveness and sustainability of soy protein compared to animal proteins.
  • Expanded use of soy protein for meat and functional food alternatives.

Soy Protein Market Trends

Soy Protein Market trends indicate it is growing in all markets, including functional foods and plant meat, and dairy alternatives. The texture, taste, and protein content will be vital criteria for these applications.

Companies are competing by focusing on non-GMO, organic, and clean-label soy protein products to fulfill the needs of health-conscious consumers. Another trend in the Soy Protein Market is increasing adoption in infant nutrition and fortified food applications. Soy protein continues to grow its market share as people are increasingly aware of the importance of a balanced diet, and it is a trustworthy and convenient protein source.

Emerging Developments in the Soy Protein Market

Emerging developments in the Soy Protein Market include technological advancements in soy protein isolate and concentrate production, improving solubility, digestibility, and taste. These innovations enhance its suitability for beverages and ready-to-drink protein products.

Further developments involve partnerships between soy producers and food companies to expand product portfolios, especially in alternative meat, protein bars, and clinical nutrition categories. Sustainability certifications are also shaping brand competitiveness.

List of Leading Companies in the Soy Protein Market

Some of the leading companies include:

  • Cargill Incorporated
  • DuPont Nutrition & Biosciences (IFF)
  • Wilmar International Limited
  • CHS Inc.
  • Kerry Group
  • Glanbia Nutritionals
  • Scoular Company

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