Home > Food & Beverages > Food Additives > Texturizers and Thickeners > Okara Market
Okara Market size was valued at USD 3.80 billion in 2022 and is estimated to expand at 4.6% CAGR from 2023 to 2032. The growing trend toward plant-based diets and alternative protein sources is a major demand driver in the market. Okara, a byproduct of soybean processing, has gained popularity as people seek healthier and more sustainable nutritional alternatives due to its high protein content and adaptability in plant-based cuisine. Okara is a significant protein source for health-conscious people and those who follow vegetarian or vegan diets. It may be used in a variety of meals, including dairy-free yogurt, smoothies, meat replacements, and baked goods.
Furthermore, increased awareness of the environmental effect of animal agriculture has resulted in an increase in demand for sustainable and environmentally friendly food choices. Okara, a byproduct of soybean processing, is regarded as a sustainable component that can help minimize food waste and carbon emissions. This corresponds with customer demands for more ethical and ecologically responsible options, making okara market popularity.
Report Attribute | Details |
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Base Year: | 2022 |
Okara Market Size in 2022: | USD 3.80 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.6% |
2032 Value Projection: | USD 5.97 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 245 |
Segments covered: | Usage, application, and distribution channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Consumers' lack of awareness about okara is a key impediment to the okara market's revenue growth. Despite its promise as a sustainable and healthy food, many consumers are unaware of okara and its wide range of culinary applications. This lack of understanding stifles market growth by preventing consumers from appreciating the value of okara as a plant-based protein source and its capacity to contribute to better and more sustainable diets.