Textured Soy Protein Market Progressing At A CAGR Of 9.1% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 22 November 2019: The Report Textured Soy Protein Market Size, Share & Trends Analysis Report By Product Type (Organic, Non-GMO, Conventional), By Application (Food, Feed), By Region (Europe, APAC, North America), And Segment Forecasts, 2019 – 2025 The global textured soy protein market size is anticipated to reach USD 6.49 billion by 2025 registering a CAGR of 9.1%, according to a new report by Grand View Research, Inc. Rising demand for low-carb and low-fat diet due to increasing awareness about leading a healthy lifestyle is expected to boost product sales over the forecast period. Non-GMO soy protein was the largest product segment in 2018 and accounted for more than 52% share of the global market. It is expected to retain its dominant position throughout the forecast years. Non-GMO proteins are free of pesticides and do not contain added preservatives and additives, which is augmenting their demand. Moreover, GMO soy crop is banned in several c