Global Soybean Protein Fiber Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Soya protein fibers (SPF) are produced in combination with synthetic polymer (polyvinyl alcohol) as a predominant component from regenerated soya proteins Glycine Max. Textiles from SPF can be labeled as soybean azlons, according to textile fiber labelling (FTC, 2010). Soybean Protein Fiber is a unique Active Fiber. Its 16 amino acids are healthy and nutritional to people's skin. Its moisture absorption, ventilation, draping and heat cover the superior performances of natural fibers and synthetic ones. SPF has softness and smoothness of cashmere but it does not cause hazard to the environment. Increasing the adoption of natural resources are the factors that are driving the market. According to Kanitkar, World fiber production is increasing every year and 78 million tons of fibers were produced worldwide in 2010, which also includesabout one million tons of wool and 0.15 million tons of silk. Soybean Protein Fiber has not only the superiorities of the natural fibers but also the physical properties of synthetic ones. Soybean protein fiber meets the people's demand of comfortable and beautiful wearing and also conforms to the trend of easy care. According to Shanghai, about 1,500 tons of fibers are produced annually by Shanghai Winshow Soybean Fibre Industry Co., Ltd under the brand name Winshow. Four provinces in China have established six manufacturing bases to produce SPF. Clean environment friendly production processes is the opportunity factor in this market.
The regional analysis of global Soybean Protein Fiber market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. China has taken the lead in industrialized soybean protein fiber production worldwide. With 46 per cent of the world market, the United States of America has become the world leader in Soyean production. Other highly produced soybean countries are Brazil (20%), Argentina (14%) and China (9%).
Major market player included in this report are:
Ruchi Soya industries Ltd.,
Nutra food ingredients
Healthy food ingredients
FOODCHEM international corporation
Pacific Soyabean and grain
Euroduna Food Ingredients GmbH
Archer Daniels Midland
Shandong Yuxin Bio-Tech Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by End-Use Industry
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year ñ 2017, 2018
Base year ñ 2019
Forecast period ñ 2020 to 2027
Target Audience of the Global Long Steel Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers