France Soy Protein Market Size, Share, and COVID-19 Impact Analysis, By Form (Concentrates, Isolates, and Textured/Hydrolyzed), By End-User (Animal Feed, Personal Care & Cosmetics, and Food & Beverages), and France Soy Protein Market Insights, Industry Trend, Forecasts to 2033.
Industry: Food & BeveragesFrance Soy Protein Market Insights Forecasts to 2033
- The France Soy Protein Market Size was valued at USD 224.30 Million in 2023.
- The Market is Growing at a CAGR of 5.04% from 2023 to 2033
- The France Soy Protein Market Size is Expected to Reach USD 366.64 Million by 2033
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The France Soy Protein Market Size is Anticipated to Reach USD 366.64 Million by 2033, Growing at a CAGR of 5.04% from 2023 to 2033.
Market Overview
The France soy protein market is the production, distribution, and consumption of soy protein products from soybeans, a plant-based source of high-quality protein used in food, beverages, animal feed, and personal care products. The market includes concentrates, isolates, and textured/hydrolyzed soy protein, used in meat substitutes, dairy alternatives, protein supplements, bakery products, and animal feed. The France soy protein market is a significant part of the food and beverage industry, focusing on producing, distributing, and consuming soy protein-based products. Soy protein, derived from soybeans, caters to various dietary needs and is gaining popularity due to health concerns, ethical concerns, and environmental sustainability. The French government has played a crucial role in promoting plant-based products, including soy protein, through policies and initiatives aimed at sustainable agriculture and reducing greenhouse gas emissions. Government-backed research into plant proteins has encouraged innovation in the food sector, ensuring soy protein remains a key player in the transition towards sustainable food systems. Initiatives enhancing agricultural productivity and promoting crop diversity have also ensured a consistent supply of high-quality soybeans for protein extraction. The combination of consumer demand and government support continues to drive the growth of the soy protein market in France.
Report Coverage
This research report categorizes the market for the France soy protein market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France soy protein market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France soy protein market.
France Soy Protein Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 224.30 Million |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 5.04% |
023 – 2033 Value Projection: | USD 366.64 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 246 |
Tables, Charts & Figures: | 102 |
Segments covered: | By Form, By End-User |
Companies covered:: | Kerry Group PLC, The Archer-Daniels-Midland Company, The Scoular Company, Bunge Limited, Roquette Freres SA and Other Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The France soy protein market is gaining momentum due to increasing health consciousness and demand for plant-based proteins. Consumers are shifting towards vegetarian, vegan, and flexitarian diets, leading to increased consumption of soy proteins. Government support for plant-based protein production and sustainability agriculture encourages innovation and th emergence of new products made from soy protein. This trend is also seen in the demand for soy protein in foods and beverages like meat substitutes, dairy, and protein supplements.
Restraining Factors
The market for soy protein faces challenges such as fluctuating raw soybean prices, concerns over soy allergies, competition from other plant-based proteins like pea and rice protein, and limited awareness about its health benefits in some regions. These factors can limit the market's expansion and hinder its dominance in the protein industry.
Market Segmentation
The France soy protein market share is classified into form and end-user.
- The concentrates segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
The France soy protein market is segmented by form into concentrates, isolates, and textured/hydrolyzed. Among these, the concentrates segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Soy protein concentrates are popular in food products like protein bars, meat alternatives, dairy alternatives, and baked goods due to their affordability, functional properties, and versatility in the food and beverage industry.
- The food & beverages segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the end-user, the France soy protein market is divided into animal feed, personal care & cosmetics, and food & beverages. Among these, the food & beverages segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The demand for plant-based alternatives, such as meat, dairy-free products, and protein-enriched snacks and beverages is driving the use of soy protein in various food applications. This is driven by growing vegetarian, vegan, and flexitarian diets and concerns about sustainability and health.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France soy protein market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Kerry Group PLC
- The Archer-Daniels-Midland Company
- The Scoular Company
- Bunge Limited
- Roquette Freres SA
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2025, Beyond Meat introduced its Beyond Steak in France. Since this is their first foray into the French restaurant service industry, it is a noteworthy milestone1. The Beyond Steak uses plant-based components including wheat and fava beans to mimic the flavor and texture of traditional steak. There are 24g of protein, 1g of saturated fat, and no cholesterol in every 100g piece.
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France soy protein market based on the below-mentioned segments:
France Soy Protein Market, By Form
- Concentrates
- Isolates
- Textured/Hydrolyzed
France Soy Protein Market, By End-User
- Animal Feed
- Personal Care & Cosmetics
- Food & Beverages
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