Soy Protein Market to Witness Significant Growth of USD $14.26 Billion with 5.3% CAGR by 2029
Get 30% Off Market Intelligence Reports With Code ONLINE30 – Track Global Tariffs, Economic Shifts, and Sector Transformations What Will Be the Forecast Market Size of the Global Soy Protein Market by 2029? The soy protein market size has grown steadily in recent years. It will grow from $11.05 billion in 2024 to $11.59 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to the strong economic growth in emerging markets, growing number of health-conscious consumers, rising awareness associated with benefits of plant-based protein food products, shift towards vegan eating and growth in dietary supplements. The soy protein market size is expected to see strong growth in the next few years. It will grow to $14.26 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to government initiatives towards plant-based protein, change in preference of consumers for...