SOY PROTEIN MARKET ANALYSIS

Soy Protein Market, By Source (Conventional and Organic), By Product Type (Isolates, Concentrates, and Others (Hydrolysates/Flour, etc.)), By Application (Food & Beverage, Pharmaceutical, Cosmetics, and Others (Adhesives, Plastics, etc.)), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Soy Protein Market: Recent developments

In April 2021, Fuji Oil Holdings Inc.\'s Dutch subsidiary invested in UNOVIS NCAP II Fund, a major fund specializing in food technology. The company plans to contribute to a sustainable society using its processing technologies for plant-based food materials to tackle the issues consumers face across the world.
In March 2021, Fuji Oil Group appointed Mikio Sakai as the new president and CEO. Mikio Sakai is engaged in developing plant-based food solutions as a core concept to grow a third business pillar, along with the oil and fat, and chocolate businesses. Plant-based food solutions include soy meat and soybeans, which are used as raw materials for plant-based protein.
In February 2021, Bunge has expanded its soy protein manufacturing plants by purchasing two soy processing plants from the local crusher Imcopa for US$ 12 million, reinforcing its position as the country\'s biggest oilseed processor.