Global Soy Flour Market Size By Type(Full-fat Soy Flour, Defatted Soy Flour), By Application(Bakery & Confectionery, Meat Substitute, Soup & Sausages, Meat and Poultry, Others), By Geographic Scope And Forecast

Soy Flour Market Size And Forecast

Soy Flour Market size was valued at USD 2.99 Billion in 2024 and is projected to reach USD 4.46 Billion by 2031, growing at a CAGR of 5.14% from 2024 to 2031

A surge in awareness and an increase in disposable income drive the growth of the global soy flour market. The Global Soy Flour Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Soy Flour Market Definition

So, soy flour? It's basically what you get when you grind up roasted soybeans into a powder. People see it as a healthy ingredient and it's showing up in all sorts of foods. With everyone getting more health-conscious, you're seeing soy flour pop up more and more. Lots of folks are even using it to boost their regular wheat flour at home. Not only does it pack a punch of high-quality protein and good-for-you nutrients, but it also gives foods a nice texture and flavor. You'll usually find two kindsnatural (or full-fat) soy flour, which still has all the soybean's natural oils, and defatted soy flour, where they've taken the oils out. Both are great for adding protein to your recipes, but the defatted version has even more protein packed in!

You can usually find soy flour these days at any grocery store. Now, soybeans have this thing that makes it a little harder for your body to digest the protein, so it's often better to buy pre-made flour where they've already taken care of those issues. Plus, soy flour is packed with good stuff like vitamins, minerals, isoflavones, and lecithin – all nutrients that have been shown to help lower cholesterol, maybe even prevent cancer and bone loss! It’s a really great choice for diabetics, pregnant women, kids, people with heart issues, anyone watching their weight, and even older folks. It’s a 100% vegetarian source of high-quality protein that can really do wonders for people of all ages. Especially for children, because it provides those critical vitamins, minerals, fiber, and protein they need.

Global Soy Flour Market Overview

It's amazing how the global soy flour market is growing! More people are aware of its benefits, and with a little more money in their pockets, they're buying more. Plus, all those new vegan and gluten-free options out there? They're boosting demand too. Think about it – soy flour is popping up in tons of bakery products and soups, acting as a great thickener and adding a nutritional punch. But, hey, it's not all smooth sailing. The rise of other similar ingredients could slow things down a bit. On the flip side, smart investments in better packaging and wider distribution could really open up some exciting opportunities for growth in the soy flour world.

Hey, so soy flour is really taking off in processed baked goods! Why? Because it's packed with good stuff – it's gluten-free, trans-fat free, and perfect for whole-grain goodies. This is really boosting the market. And with everyone wanting more cakes, pastries, and bread around the world, we're going to see even more soy flour popping up. Big companies are jumping on board too. For example, Britannia Industries Ltd. launched their ‘Vita Rich Slice’ bread, which is made with a mix of soy and wheat flour. Plus, because these gluten-free items are a healthier swap for those high-cholesterol treats, they're great for folks with cardiovascular disease.

The increasing popularity of the vegan diet is expected to propel the demand for soy-derived flour owing to its nutritional value such as high dietary fiber and bioactive components including isoflavones. Moreover, flour derived from soy has gluten-free property and it acts as a prime source of protein in a vegan diet. Also, flour derived from soy is beneficial in reducing the risk of cardiovascular disease.

Food and Drug Administration approved that the usage of soy protein is beneficial for the health as well as it helps to reduce the risk of associated heart disease. Moreover, the FDA authorized the product nutrition labels stating soy protein consumption reduces the risk of coronary heart disease. The FDA established that introduction of soy protein in a regular diet reduces the saturated fat and cholesterol level in the human body, thereby reducing the risk of cardiovascular diseases. These initiatives ensure significant growth of the market in the foreseeable future.

Global Soy Flour Market Segmentation Analysis

The Global Soy Flour Market is segmented based on Type, Application, and Geography.

Soy Flour Market, By Type

• Full-fat Soy Flour
• Defatted Soy Flour

To Get Summarized Market Report By Type-

Okay, so when it comes to Type, the soy flour market kinda splits into two groupsFull-fat Soy Flour and Defatted Soy Flour. Now, Defatted Soy Flour was the big winner in 2020, grabbing the biggest piece of the pie. And guess what? Experts are predicting it'll keep growing like crazy, with a CAGR of 5.45%! Basically, this stuff is made from soybeans that have had all the fat squeezed out (they treat 'em to get rid of the oils). You end up with flour that's almost oil-free (less than 1%, they say!). It's usually a light cream color, mixes really well with water, and even packs a bit more protein and calcium than your regular soy flour. They use machines to yank out about 75% of the oil from the seeds to make it. And get this – they're even using cool new tech, like high-pressure carbon dioxide, to pull the oil out! All this innovation is helping flour production boom because everyone in the food industry wants soy flour!

Soy Flour Market, By Application

• Bakery & Confectionery
• Meat Substitute
• Soup & Sausages
• Meat and Poultry
• Others

To Get Summarized Market Report By Application-

So, how is soy flour used? Well, the Global Soy Flour Market is broken down by applicationthings like Bakery & Confectionery, Meat Substitutes, Soup & Sausages, Meat and Poultry, and of course, Others. It turns out that Bakery & Confectionery was the biggest user of soy flour in 2020, and they're expected to keep growing at a rate of 5.49% each year. Why is soy flour so popular in baking? It's not just about fixing problems; it's actually good for you! Mostly, it's used to pump up the protein in bread dough. See, soy flour is packed with protein – around 50%! That's way more than regular wheat flour, which only has 9-14%. Adding soy flour makes the dough easier to work with, improves the bread's texture, and even gives it a slightly nutty taste. Plus, it emulsifies the dough, helps it absorb more water (which saves money), makes it last longer, strengthens the bread while using less gluten, gives the crust a nice brown color, reduces fat absorption, helps it rise better, makes it swell up more, adds oxygen to the dough, and even makes the dough easier to handle, sheet, and ferment faster!

Soy Flour Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

So, when we look at where soy flour is popular around the globe, we break it down into North America, Europe, Asia Pacific, and then just "the rest of the world." Interestingly, Asia-Pacific was the biggest user of soy flour back in 2020, and we think it's going to keep growing at a rate of about 4.62% each year for the foreseeable future. You know, with more and more people dealing with chronic diseases, scientists are getting really interested in making foods that are super good for you. They're trying to figure out the perfect balance of soy flour to use and how to boost the nutritional benefits of bread made with it. Basically, they're studying how the starch and gluten – and other things – all play together to decide if the bread is actually any good and something people want to eat.

Key Players

The “Global Soy Flour Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Archer Daniels Midland Company, Devansoy Inc., Sakthi Soyas Limited, Foodchem International Corporations, Linyi Shanshong Biological Products Co. Ltd., Bob’s Red Mill Natural Foods, Sinoglory Enterprise Group Co. Ltd., Ruchi Soya Industries Ltd., CHS Inc., Scoular Food Indigredients Group, Sonic Biochem.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations, and Agreements

• In February 2018, Cargill and Archer Daniels Midland Company have entered into an agreement to launch a joint venture named ‘Soyven’ in order to satisfy the increase in consumer demand for soy products in Egypt. The agreement has led to the opening of a new soy crushing facility that has a 6000 tons per day crushing capacity.

• In October 2019, Archer Daniels Midland Company has announced a partnership to donate USD 1 million towards the implementation and creation of lifesaving education and assistance to farmers project (LEAF) with an international humanitarian organization.

Mergers and Acquisitions

• In October 2020, The Patanjali natural biscuits business was acquired by Ruchi soya for an amount of 8 million USD. The objective behind this acquisition was to increase its presence in the FMCG sector as a leading player.

• In July 2021. The sojaprotein a leading non-GMO soy ingredients provider of Europe has been acquired by archer daniels midland company. The main aim behind the acquisition was to increase in production capacity and meet the increase in consumer demand.

Product Launches and Product Expansions

• In April 2021, Archer Daniels Midland Company has opened a new plant-based nutrition innovation lab in Singapore at the Biopolis research hub. This new facility will play a key role in meeting an increase in demand for the consumer for protein-based products in the Asia-Pacific region.

• In December 2020, Devansoy has launched benesoy which is made through a unique process that results in organic and natural soy ingredients such as blander and whiter. In addition, it is easier for the customer to use. This process offers the same quality compared to other soy products.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We'll dig into the market with both qualitative and quantitative analysis, breaking it down by segments using economic data and other factors. You'll get market value data in USD Billion for every segment and sub-segment. We'll also point out which region and segment we think will grow the fastest and be the biggest. Our analysis will highlight how the product/service is being used in each region, explaining what's driving the market there. Plus, we'll map out the competitive scene, ranking the big players and covering their new launches, partnerships, expansions, and acquisitions from the last five years. We'll give you detailed company profiles too, including overviews, insights, product comparisons, and SWOT analyses. We'll paint a picture of the industry's current and future, taking into account recent happenings—the growth opportunities and what's holding things back in both up-and-coming and established areas. Expect an in-depth look at the market from all angles through Porter's five forces analysis, and a clear understanding of the market's Value Chain. We'll also lay out the market's dynamics, along with the growth possibilities for the years ahead, and top it off with 6 months of post-sales analyst support.

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.