Soy Protein Market - Forecast(2021 - 2026)
Soy Protein Market Overview: According to the Centers for Disease Control and Prevention (CDC), 102 million American adults have cholesterol levels at or above 200 mg/dL, of which 35 million people have surpassed the 245 mg/dL mark - making them susceptible to heart diseases. [1] The disquieting situation of high cholesterol levels worldwide is creating opportunities for nutrients that reduce the risk of heart diseases; thereby boosting demand for the soy protein market , which registered a global valuation of $5.14 billion in 2018. Demand for soy protein is expected to grow at a CAGR of 7.20% during the forecast period 2019 to 2025. Furthermore, growing obesity rates in countries like the U.S. and Mexico boosted the soy protein market, causing North America to register 39% of the global market demand in 2018. Soy Protein Market Outlook: Soy protein concentrates have lesser amounts of carbohydrates, and are available in the market as soy protein meat, soy protei...