Soy granules are tiny pellets which are constituted by soybeans. They serve as a perfect natural source of protein for vegetarians and as a healthy meat substitute for others.
Due to the COVID-19 pandemic, the global Soy Granules market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Soy Granules market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Soy Granules landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
North America and Europe are anticipated to provide a significant share in global soy granules market attributable to increasing awareness regarding health benefits of soy as an important part of their meal.
This report focuses on Soy Granules volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Soy Granules market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Soy Granules Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Organic Soy Granules
Conventional Soy Granules
Segment by Application
Hypermarket/Supermarket
Departmental Stores
Convenience Stores
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Ruchi Soya Industries
NOW Health Group
Davert
Sita Shree Food Products
Mahakali Foods
MDH Spices