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The textured soy protein ingredient market from isolate product segment held over USD 173.7 million revenue in 2022. Protein isolates are characterized by their high protein content, which appeals to consumers seeking protein-rich diets and products. Protein isolates contribute to the structure and texture of meat analogues, enhancing their similarity to real meat.
The organic segment accounted for 40% of the textured soy protein ingredient market share in 2022. Consumers are increasingly seeking organic products due to perceptions of them being healthier and free from synthetic chemicals, pesticides, and genetically modified organisms (GMOs).
The textured soy protein ingredient market from food processing segment is anticipated to grow at 6.8% CAGR through 2032. TSP is extensively used in creating plant-based meat alternatives and analogues to meet the rising demand for meatless protein options. TSP enriches the protein content of baked goods, bars, snacks, and other processed foods, appealing to health-conscious consumers.
U.S. textured soy protein ingredient market size held over USD 105.4 million in 2022. Consumers in North America are becoming more health-conscious, seeking protein-rich and nutritious foods, which drives the demand for TSP as a source of plant-based protein.