Top 10 Companies in Soy Protein Market

Research says that with a CAGR of 7.8%, the soy market can reach approximately $11.14 billion by 2026. The global soy protein market is growing as high-protein diets for health and well-being become increasingly popular. The sector also benefited from the rising consumer demand for vegetarian food and drink products. Increasing the number of people choosing a vegan diet is another factor driving the market. 

Although veganism is still a relatively uncommon habit, the market for vegan foods and beverages is growing, especially with the support of younger customers.

So, this trend will continue to evoke interest in the upcoming years and give rise to many more companies in the soy protein market. Until then, you must know about the industry’s major players who have hyped the soy trend even more.

DuPont

Dupont, founded in 1897, is headquartered in the US. For 200 years, DuPont has been creating innovative goods, and the business has undergone several iterations since its founding to adapt to contemporary market trends. Every day, the organization helps its customers succeed in their businesses. 

One of the largest organizations on the list of soy protein producers, it works to create a bright future for everyone globally. You may look for the top U.S Soy news on its official website to learn more about soy-based foods and their production.

Archer Daniels Midland Company

Archer Daniels Midland Corporation (ADM), a US company established in 1902 with its headquarters in Illinois, engages in acquiring, storing, processing, and marketing agricultural commodities, goods, and ingredients. With its Nutrition division, ADM offers products made from soy protein. This sector produces, sells, and distributes formula feeds, edible beans, animal nutrition and health products, and private and contract-label pet treats and snacks. It also makes natural flavor components, flavor systems, proteins, colors, and emulsifiers.

International Flavors & Fragrances Inc. 

International Flavors & Fragrances is a company that creates and supplies tastes and fragrances for the Food, beverage, personal care, and household goods sectors. It was established in 1833 with its headquarters in New York, United States, and four divisions: Scent, Pharma Solutions, Nourish, and Health & Biosciences. With its Nourish division, the firm sells products containing soy protein. On the other hand, IFF finalized the merger with DuPont’s Nutrition & Biosciences Company on February 1, 2021. The joint business venture will continue under the IFF name with this merger.

Cargill

Established in 1865, William Wallace Cargill is the company’s founder. Its corporate headquarters are in Wayzata, Minnesota. Currently, David W. MacLennan serves as CEO. Cargill Meat Solutions is one of their subsidiaries, etc. One of the biggest probate companies in the US is Cargill. Cargill has assisted farmers with increased growth and market access for over 150 years. The business is renowned for its legacy and guiding principles. It is also considered a founding member of the so-called “soy protein firms’ market,” which sells health supplements.

Now Foods

Founded in 1968, Now Foods corporate offices are in Bloomingdale, Illinois. The CEO at the moment is Jim Emme. Burnham Laboratories, Inc. is their subsidiary. NOW has grown from a small family business to a well-known manufacturer of natural health products. Even before the protein-rich diet became popular, Now Foods offered natural goods. It has stuck to its fundamental principle of providing its customers with healthy eating options. As a result, the firm is commended for its commitment to a healthy future and has received several honors, the most of any soy protein manufacturer.

Farbest Brands

Farbest Brands manufactures and distributes Food and dietary ingredients. Its product range contains various ingredients, such as plant proteins, dairy proteins, gum acacia, organic additives, vitamins, natural colors, sweeteners, and carotenoids. The company sells soybean and pea-based plant proteins, which you can also use in beverages, snacks, dairy products, cereals, nutrition & energy bars, and meat replacements for vegetarians.

Devansoy

Devansoy, located in North America, manufactures packaged soymilk products and natural soy-based components. The business produces non-GMO, organic, and hexane-free ingredients. Moreover, it offers liquid soy base, soy flour, and powdered soy milk under the Benesoy brand. 

Kerry Group

Kerry Group conducts research and development, produces functional ingredients, and does other associated tasks for the pharmaceutical, food, and beverage sectors. Taste & Nutrition and Consumer Foods are the two segments that make up the company. Soy protein is offered for sale by the Taste & Nutrition division. Industries, including pet food, meat and poultry, fish, beverages, and baking, largely rely on soy protein.

Sotexpro SA

Sotexprowas established in 1995 and has a division of Gemef industries. Its headquarters are in Bermericourt, France. This company is famous for manufacturing and conducting research and development on dietary and functional substances. It provides plant protein from peas, Faba beans, and soybean seeds. Other uses for these proteins include use in human and animal nutrition. The firm is geographically present throughout Asia, North America, South America, and Europe.

BurconNutraScience Corporation

In 1998, BurconNutraScience Company was established, with its main office in Vancouver, Canada. BurconNutraScience (MB) Corp. is a subsidiary. A pioneer in the creation of plant-based proteins is BurconNutraScience Company. The Canadian business is committed to developing a line of healthful goods to drastically improve its customers’ well-being.

Final Note

Social networking sites have caused the concept of protein-rich diets to become popular. The world will continue to be intrigued by this trend, which motivates people to lead healthy lives. Top soy protein producers are in high demand due to rising health and wellness trends. The main driver of soy protein firms’ rising demand may also be attributed to shifting food consumption habits.