Textured Soy Protein: Preferred Alternative for Meat & Dairy Products

Textured soy protein, also known as textured vegetable protein, is derived from soy flour, soy concentrates, or soy protein isolates, and has major application as meat substitutes. As opposed to natural soy protein, textured soy protein is usually a defatted soy flour product, a by-product of soybean oil extraction. The global textured soy protein market is estimated at USD 1.58 Billion in 2016; it is projected to grow at a CAGR of 9.5% from 2017, to reach USD 2.73 Billion by 2022.


According to the Soyfoods Association of North America (SANA), “textured soy protein (TSP) may be unflavored or meat/chicken flavored, may appear in chunks, slices, flakes, crumbles, or bits, and is sold at natural food supermarkets, food cooperatives, buying clubs, health food stores, or the natural foods section of traditional supermarkets.

Increased soy crop cultivation in developing regions such as South America and Asia Pacific, in addition to the already widespread cultivation of soybean across the globe, has increased the availability of soy products such as textured soy proteins. Raw materials for deriving textured soy protein are therefore easy to obtain from contract farmers or oilseed crushers offering soy meal. 

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The low processing costs associated with textured soy proteins are suitable for the operational demands of manufacturers and thereby allow the processors to spend adequately on product development. As a result of these trends, the cost of textured soy protein is cheaper when compared to that of other protein sources such as meat, dairy, and whey proteins. Additionally, the prices of conventional dairy products have increased in the recent past, and textured soy protein, being one of the major plant sources of protein, is one of the most suitable alternatives considered in terms of price.

The demand for textured soy protein is high in developed markets such as the US and Europe. The trend of consumer preference for healthy products is rising, wherein marketing campaigns are planned for highlighting their use and health benefit claims. Developing countries such as China and India are projected to experience an increase in demand for textured soy protein in the coming years from these regions. The Asia Pacific region provides a cost advantage in terms of production and processing. High demand, coupled with low cost of production, would aid the suppliers, subsequently driving the growth of the market in the region.

Key Market Players

ADM (US), Cargill (US), DowDuPont  (US), Wilmar International  (Singapore), Victoria Group  (Serbia)

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