According to Cognitive Market Research, the global soy protein concentrate market size was USD 1354.2 million in 2024. It will rise at a compound annual growth rate (CAGR) of 9.7% between 2024 and 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 541.7 million in 2024 and will climb at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 406.3 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 311.5 million in 2024 and will climb at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 67.7 million in 2024 and will climb at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East & Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 27.1 million in 2024 and will climb at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The solubility category is the fastest-growing function segment of the soy protein concentrate industry.
