• ASSO
• 2022-06-27
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Expert Opinion：Soya Flour Market

The 2022 edition of ASSO International Consulting's research shows Soya Flour's latest market size has reached $1.5 billion.
Soya Flour /Soy flour, derived from roasted soybeans finely grounded into a powder. It is a rich source of proteins, as well as iron, vitamins B and calcium, and it adds a pleasant texture and flavor to a variety of products. Soyflour is processed further to produce textured concentrates and isolates used in the food/snack industry. The research report of ASSO International Consulting pointed out that the global Soya Flour market size is 1.5 billion US dollars in 2021, and its market size is expected to reach 2 billion US dollars by 2028, with a compound growth rate of 4.2%.

Analyst's point of view 1: Soybean flour is a basic food with a wide range of applications. Globally, its main production and consumption areas are located in the United States, Europe and China, of which the United States accounts for more than 50% of global consumption. ADM, Cargill and CHS have significant dominant positions in this industry. Bill, an analyst at ASSO International Consulting, sees a moderate growth trend in the demand for soy flour as more and more people turn to non-soy products. Soy products are increasingly challenged as green and healthy eating is widely promoted.
 
Analyst's point of view 2: Soya flour has three types, which include natural, or full-fat, low-fat and defatted. And each type has different applications relatively with different properties. With advantages of soya flour, the downstream application industries will need more soya flour products. So, soya flour has a huge market potential in the future. The major raw material for soya flour is soybean. Fluctuations in the price of the upstream product will impact on the production cost of soya flour. The production cost of soya flour is also an important factor which could impact the price of soya flour.
Sales Revenue of Soya Flour Manufactured in Global from 2017 to 2030 (Million $)

Source: ASSO Consulting Company
Click to view the full report TOC, figure and tables：
The Global Soya Flour Market Research Report 2022 report released by ASSO Consulting Company provides a basic overview of the Soya Flour industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Soya Flour industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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