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Soy Protein Market Size, Share and Forecast 2026-2036

The global soy protein market is worth USD 8.0 bn in 2026 and is forecast to reach USD 15.4 bn by 2036, growing at a 6.8% CAGR. China is the largest country market and Soy protein concentrate is the largest by product segment.

USD 8.0 bnMarket size 2026
USD 15.4 bnForecast 2036
6.8%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global soy protein market is worth USD 8.0 bn in 2026 and is forecast to reach USD 15.4 bn by 2036, growing at a 6.8% CAGR. China is the largest country market and Soy protein concentrate is the largest by product segment.

ScopeSoy protein ingredients: isolates, concentrates, flours and textured soy protein sold to food, beverage, meat-alternative and animal-nutrition manufacturers.
IndustryFood and Beverage
Value 2025USD 7.5 bn
Value 2026USD 8.0 bn
Value 2036USD 15.4 bn
CAGR 2026-20366.8%
Volume 20263,163 thousand tonnes
Volume 20365,529 thousand tonnes
Average price 2026USD 2,525 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Soy Protein market size and forecast, 2026-2036

Exhibit 1The global soy protein market is forecast to grow from USD 8.0 bn in 2026 to USD 15.4 bn by 2036, a rise of 93%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.8%
Soy Protein market value, 2025 to 2036Market value by year. 2025: USD 7.5 bn; 2026: USD 8.0 bn; 2027: USD 8.5 bn; 2028: USD 9.1 bn; 2029: USD 9.7 bn; 2030: USD 10.4 bn; 2031: USD 11.1 bn; 2032: USD 11.9 bn; 2033: USD 12.7 bn; 2034: USD 13.5 bn; 2035: USD 14.4 bn; 2036: USD 15.4 bn. Compound annual growth rate 2026 to 2036: 6.8%.20258.0 bn202611.1 bn203115.4 bn20366.8% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 8.0 bn
2027USD 8.5 bn
2028USD 9.1 bn
2029USD 9.7 bn
2030USD 10.4 bn
2031USD 11.1 bn
2032USD 11.9 bn
2033USD 12.7 bn
2034USD 13.5 bn
2035USD 14.4 bn
2036USD 15.4 bn

Soy Protein market segmentation

By product

Exhibit 2Soy protein concentrate is the largest segment by product, with 42.0% of 2026 revenueEstimated share of 2026 global revenue, by product
Soy Protein market share by product, 2026Share of 2026 revenue by product. Soy protein concentrate: 42.0%; Soy protein isolate: 26.0%; Textured soy protein: 20.0%; Soy flour and grits: 12.0%.Soy protein concentrate42.0%Soy protein isolate26.0%Textured soy protein20.0%Soy flour and grits12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Soy protein concentrate42.0%40.5%USD 3.4 bn6.4%
Soy protein isolate26.0%26.3%USD 2.1 bn6.9%
Textured soy protein20.0%23.2%USD 1.6 bn8.4%
Soy flour and grits12.0%10.0%USD 958 mn4.9%

By end use

Exhibit 3Meat and meat alternatives adds the most revenue by end use, growing from USD 2.4 bn in 2026 to USD 5.5 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Soy Protein market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Meat and meat alternatives: USD 2.4 bn in 2026, USD 5.5 bn in 2036, change +131%; Dairy alternatives and beverages: USD 1.3 bn in 2026, USD 2.7 bn in 2036, change +111%; Bakery and confectionery: USD 1.4 bn in 2026, USD 2.4 bn in 2036, change +67%; Animal feed and milk replacers: USD 1.3 bn in 2026, USD 2.1 bn in 2036, change +67%; Infant and clinical nutrition: USD 799 mn in 2026, USD 1.4 bn in 2036, change +75%; Other food: USD 799 mn in 2026, USD 1.3 bn in 2036, change +59%.20262036 forecastChangeMeat and meat alternatives+131%2.4 bn5.5 bnDairy alternatives and beverages+111%1.3 bn2.7 bnBakery and confectionery+67%1.4 bn2.4 bnAnimal feed and milk replacers+67%1.3 bn2.1 bnInfant and clinical nutrition+75%799 mn1.4 bnOther food+59%799 mn1.3 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Meat and meat alternatives30.0%35.9%USD 2.4 bn8.7%
Bakery and confectionery18.0%15.5%USD 1.4 bn5.2%
Dairy alternatives and beverages16.0%17.5%USD 1.3 bn7.7%
Infant and clinical nutrition10.0%9.0%USD 799 mn5.7%
Animal feed and milk replacers16.0%13.8%USD 1.3 bn5.2%
Other food10.0%8.2%USD 799 mn4.7%

By source

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Non-GM soybean30.0%32.0%USD 2.4 bn7.5%
Conventional soybean64.0%61.0%USD 5.1 bn6.3%
Organic soybean6.0%7.0%USD 479 mn8.5%

By form

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Dry powder and flour42.0%40.0%USD 3.4 bn6.3%
Granules and flakes24.0%24.0%USD 1.9 bn6.8%
Textured chunks and crumbles20.0%22.0%USD 1.6 bn7.8%
Liquid and gel14.0%14.0%USD 1.1 bn6.8%

By functional role

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Protein fortification34.0%34.0%USD 2.7 bn6.8%
Texturising and meat analogues28.0%31.0%USD 2.2 bn7.9%
Emulsifying and binding22.0%21.0%USD 1.8 bn6.3%
Water retention and gelling16.0%14.0%USD 1.3 bn5.4%

Top 25 countries for soy protein by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 76.0% of 2026 revenue and the 25 countries below together hold 93.6%.

Exhibit 4China is the largest country market at USD 1.8 bn in 2026, and the three largest countries hold 49.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Soy Protein market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 1.8 bn, 22.0%; United States: USD 1.6 bn, 20.0%; Brazil: USD 559 mn, 7.0%; Germany: USD 399 mn, 5.0%; Japan: USD 399 mn, 5.0%; India: USD 320 mn, 4.0%; France: USD 280 mn, 3.5%; Netherlands: USD 280 mn, 3.5%; United Kingdom: USD 240 mn, 3.0%; Indonesia: USD 240 mn, 3.0%.China1.8 bn 22.0%United States1.6 bn 20.0%Brazil559 mn 7.0%Germany399 mn 5.0%Japan399 mn 5.0%India320 mn 4.0%France280 mn 3.5%Netherlands280 mn 3.5%United Kingdom240 mn 3.0%Indonesia240 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 1.8 bn22.0%USD 3.6 bn7.4%
2United StatesUSD 1.6 bn20.0%USD 2.9 bn6.2%
3BrazilUSD 559 mn7.0%USD 1.1 bn7.0%
4GermanyUSD 399 mn5.0%USD 709 mn5.9%
5JapanUSD 399 mn5.0%USD 648 mn5.0%
6IndiaUSD 320 mn4.0%USD 709 mn8.3%
7FranceUSD 280 mn3.5%USD 493 mn5.8%
8NetherlandsUSD 280 mn3.5%USD 493 mn5.8%
9United KingdomUSD 240 mn3.0%USD 432 mn6.1%
10IndonesiaUSD 240 mn3.0%USD 493 mn7.5%
11CanadaUSD 162 mn2.0%USD 295 mn6.2%
12ArgentinaUSD 126 mn1.6%USD 230 mn6.2%
13ItalyUSD 117 mn1.5%USD 213 mn6.1%
14SpainUSD 109 mn1.4%USD 197 mn6.2%
15ThailandUSD 109 mn1.4%USD 221 mn7.3%
16VietnamUSD 99 mn1.2%USD 245 mn9.5%
17MexicoUSD 99 mn1.2%USD 202 mn7.4%
18South KoreaUSD 99 mn1.2%USD 180 mn6.2%
19AustraliaUSD 81 mn1.0%USD 165 mn7.3%
20TurkeyUSD 81 mn1.0%USD 184 mn8.5%
21PolandUSD 81 mn1.0%USD 165 mn7.3%
22PhilippinesUSD 72 mn0.9%USD 162 mn8.5%
23EgyptUSD 63 mn0.8%USD 142 mn8.4%
24Saudi ArabiaUSD 54 mn0.7%USD 122 mn8.4%
25BelgiumUSD 54 mn0.7%USD 99 mn6.2%
Rest of worldUSD 509 mn6.4%USD 1.0 bn7.2%
Exhibit 5China and United States account for 42% of the USD 7.4 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Soy Protein market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 8.0 bn. China: +USD 1.8 bn; United States: +USD 1.3 bn; Brazil: +USD 536 mn; India: +USD 390 mn; Germany: +USD 310 mn; 20 other countries: +USD 2.5 bn; Rest of world: +USD 511 mn. Market value 2036: USD 15.4 bn.Market value 20268.0 bnChina+1.8 bnUnited States+1.3 bnBrazil+536 mnIndia+390 mnGermany+310 mn20 other countries+2.5 bnRest of world+511 mnMarket value 203615.4 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • ADM
  • Cargill
  • IFF
  • Fuji Oil Holdings
  • Bunge

Group 2: Regional and specialist players

  • Wilmar International
  • CHS
  • Shandong Yuwang Ecological Food
  • Sojaprotein
  • Devansoy
  • Linyi Shansong Biological Products
  • Gushen Group
  • Yantai Shuangta Food
  • Patanjali Foods

Group 3: Emerging and niche players

  • Burcon NutraScience
  • Hinoman
  • Shandong Wonderful Industrial Group

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the soy protein market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.8% is calculated from the resulting values.

The market is divided by product, by end use, by source, by form, by functional role. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the soy protein market?

The global soy protein market is estimated at USD 7.5 bn in 2025 and USD 8.0 bn in 2026.

How fast will the soy protein market grow?

It is forecast to reach USD 15.4 bn by 2036, a compound annual growth rate of 6.8% from 2026, an increase of USD 7.4 bn.

Which country is the largest market for soy protein?

China is the largest market by revenue at USD 1.8 bn in 2026, 22.0% of the global total. The three largest countries together hold 49.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 8.3% a year from 2026 to 2036.

Which soy protein segment is largest?

In the by product split, Soy protein concentrate is the largest segment with 42.0% of 2026 revenue.

Who are the leading soy protein companies?

Global leaders include ADM, Cargill, IFF, Fuji Oil Holdings.

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