Soy Protein Concentrate Market Forecast 2025-2034

The global soy protein concentrate market is poised for steady expansion, projected to grow from USD 4.68 billion in 2025 to approximately USD 8.90 billion by 2034, reflecting a consistent CAGR of 7.4% over the forecast period.

Decoding the Market Landscape
Soy protein concentrate is a processed form of soy in which most of the soluble carbohydrates are removed from defatted soy flakes or meal, resulting in a product with about 65–70% protein on a dry basis and enhanced functional properties such as water-binding, emulsification, and gelation. It occupies a middle ground between soy flour and soy protein isolate in both purity and cost, making it a versatile ingredient for food and feed applications.

The concept of soy protein concentrate emerged in the mid-20th century, when advancements in solvent and aqueous-alcohol extraction technologies allowed large-scale removal of sugars and anti-nutritional factors, improving digestibility and flavor. Initially used to enrich animal feeds and extend meat products, Soy protein concentrate found early institutional demand through government food programs and commodity specifications, ensuring steady usage. Over time, its application expanded into bakery goods, dairy analogs, and textured plant proteins as research from universities, USDA, and other public institutions highlighted its nutritional value and functional versatility.