Europe Soy Flour Market

Europe Soy Flour Market Size (2024 to 2029)

Europe Soy Flour Market size is expected to be USD 1.01 billion in 2024 and estimated to be growing at a CAGR of 2.7%, to reach USD 1.15 billion by 2029.

Soy Flour is used as a source for proteins and is widely used in bakery applications. Soy flour is a source for high amounts of protein, dietary fibre, iron, isoflavones, vitamins and potassium which are necessary for a healthy diet. Soy flour is a gluten-free product that is the most preferred food type for health-conscious consumers as well as by fitness trainers as breakfast cereals. Thus market demand from the food and beverages industry is higher for soy flour. Primary factors accounted for driving the market are increasing disposable income, extensive use in the preparation of various food products and bakery products, increasing trend and preference for gluten-free foods, and growing awareness regarding the health benefits of Soy Flour. However, stringent government regulations and consumer scepticism are the factors hindering the growth of the market.

This Research Report on Europe Soy Flour Market is segmented, and sub segmented into following categories

Europe Soy Flour Market By Type

• Natural Or Full Fat
• Low Fat And Defatted

Europe Soy Flour Market By Application

• Bakery
• Meat Substitutes
• Functional Food
• Dairy Alternative
• Confectionary
• Baby Food Products
• Others

The Europe market for Soy Flour is segmented based on Type and Application. Based on Type it is divided into Natural or Full fat, Low fat, and Fat-free or defatted. Based on the Application it is divided into Bakery, Meat Substitutes, Functional Food, Dairy Alternative, Confectionary, Baby Food Products, and Others.

Europe Soy Flour Market By Region

• U.K
• Germany
• France
• Italy
• Spain

U.K. holds the major share in the market due to presence of market leaders as well as a large population of bakery food products consuming individuals and its extensive use in food products. Germany is the fastest growing region due to increasing demand and product innovation and increasing disposable income. Natural or Full fat Soy Flour holds the major share in the market due to their extensive use in bakery applications and processing ease while low fat variant is expected to grow the fastest due to increasing trend of low fat food. Based on Application bakery food applications hold the major share in the market while Functional Foods and Meat replacement foods are expect to grow the fastest.

KEY PLAYERS IN EUROPE SOY FLOUR MARKET 

Key Players In Europe Soy Flour Market are Archer Daniels Midland Corn Processing, Cargill Inc, proteins, CHS Inc, Food and Ingredients, Devansoy Inc, Finnsoy, Foodchem International Corporation Proteins, Harvest Innovations, Kerry Group Ingredients, The Nisshin Oillio Group Ltd.