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ALBANY, N.Y., Dec. 14, 2020 /PRNewswire/ Transparency Market Research has now published a new research report that offers a detailed information about the global soy protein concentrate market. The research report tries to offer meaningful and actionable insights about the key segments, prominent growth drivers, restraining factors, geographical outlook, and the current situation of the vendor landscape of the global market.
As per the findings of the research report, the global soy protein concentrate market was valued at ~US$2 Bn in the year 2018. The market is expected grow at a CAGR of ~5% over the course of the given forecast period ranging from 2019 to 2029. Given the rate of growth, the global market is expected to reach a valuation worth ~US$3.7 Bn by the end of 2029. In 2019, the overall volume of the soy protein concentrate market was around 1.5 Mn metric tons.