Report Code: A07479 | Pages: NA | Jul 2023 | 3136 Views | ||
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Pandemic disrupted the entire world and affected many industries.
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Request Now !Soy four is a powder that is made by grinding soybeans. It is a health food product and can be used in many other food products. Surge in awareness of health products has increased the demand for soy flour. Soy flour can be of two kinds—full fat soy flour and defatted soy flour. It is rich in vitamins, minerals protein, and helps lower cholesterol and has proven good for preventing cancer and loss of bone mass. Soy flour is suggested for diabetes patients, including aged people, pregnant women. Soy flour contains low fat and sodium and can be helpful in reducing the risk of any heart disease.
Surge in awareness and a rise in disposable income drive the growth of the global soy flour market. The demand for soy flour has also increased due to rise in vegan products and gluten food. Surge in the bakery products and soups contribute toward the growth of the global soy flour as it used in many products as a thickener and has high nutrients. However, the increase in the substitute products can hamper the growth of the global soy flour. Contrarily, Investment in the packaging and increase in the distribution can create an opportunity for the growth of the soy flour.
Companies are now focusing on diversifying the products that are healthy and made of soybeans to increase its market share and target audience. Soy flour provides the flavor of soy milk and vegetable protein that is highly preferred by the consumers. The companies are focusing on making more vegan products that provide high proteins and have low cholesterol. The increase in baked products like cake, pie has also greatly increased the demand for soy flour products.
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Soy Flour Market Report Highlights
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Key Market Players | 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. |
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