North America Organic Soy Protein Market

North America Organic Soy Protein Market Size (2024 to 2032)

The North America Organic Soy Protein Market size was estimated at USD 123.30 Million in 2024 and is projected to reach USD 408.30 Million by 2032, at a CAGR 16.15% of  during the forecast period from 2024 to 2032. Soy proteins are mostly gluten and cholesterol free. Soy protein isolate can be found in protein bars, meal replacement shakes, bottled fruit drinks, soups and sauces, meat analogs, baked goods, breakfast cereals, and some dietary supplements.

Market Drivers 

The market in North America is greatly driven due to increasing incidence of Obesity, Diabetes and other chronic diseases, which is rising the health awareness amongst the consumers. Due to this they are shifting from dairy to soy products which are much healthier, which is the main factor for increasing demand and hence, contributing to market growth.

Market Restraints

But, the cost involved in raw materials processing could slow down the market growth in this region.

Segmental Analysis

North America Organic Soy Protein Market By Type

• Concentrates
• Isolates
• Flour

North America Organic Soy Protein Market By Application

• Functional foods
• Infant formula
• Dairy alternatives
• Meat alternatives
• Bakery & confectionery
• Other applications

Soy protein concentrates accounted for the largest market share, by type, due to their wide usage as functional or nutritional ingredients in a wide variety of food products.  Functional foods segment accounts a maximum share in the market by application, by application. Increase in functional food consumption by people is driving the demand, which is leading the soy functional foods to contribute maximum to the market. The dairy alternatives application of organic soy protein is expected to grow due to increasing demand for soymilk from lactose-intolerant consumers.

North America Organic Soy Protein Market By Region

• US
• Canada
• Rest of North America

U.S accounts for the largest share. In both U.S and Canada, there is a great shift to Soy products from Dairy, which is attracting the companies to invest in this region.

Key Players in the Market

Major Key Players in the North America Organic Soy Protein Market are Harvest Innovations, Agrawal Oil & Biochem, Frank Food Products, The Scoular Company, Devansoy Inc, Biopress S.A.S, Natural Products Inc, Hodgson Mill, SunOpta, Inc, and World Food Processing