Global Modified Soya Flour Market: Overview
The demand
within the global
modified soya flour market is projected to escalate to new heights as
the food industry assimilates new flour types for the manufacture of food
items. Furthermore, conventional flour has been losing its market due to the
easy availability of modified flours in recent times. Hence, it is expected
that the global market for modified soya flour would emerge as a lucrative
haven in the years to come. Soya flour is used across a wide array of food
products, and lately, several other industrial uses of modified soya flour have
also come to the fore. The properties of modified soya flour have played a
pivotal role in the growth of the global market in recent times. High
solubility and enhanced water-absorption ability are two of the most useful
properties of soya flour. Furthermore, the health benefits served by soya flour
have been recognised by medical practitioners and food scientists. This factor
is also prognosticated to pave way for the growth of the global modified soya
flour market in recent times.
The global
market for modified soya flour may be segmented on the basis of the following
parameters: application, end-use, and region. The global modified soya flour
market can be deftly studied with the help of the above-mentioned segments.
A report
added by Transparency Market Research (TMR) on the global market for modified
soya flour unshackles a range of dynamics that have aided the growth of this
market over the past few years. Furthermore, the report also delves into a
futuristic analysis of the global modified soya flour market to give a better
purview of the market. The regional snapshot, competitive dynamics, and other
key standpoints pertaining to the global modified soya flour market have also
been enunciated in the report.
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Global Modified Soya Flour Market:
Trends and Opportunities
The high
nutritional value of soya flour has played an integral role in the growth of
the global market for modified soya flour in recent times. Furthermore, the use
of modified soya flour for processing healthy oils is another factor that is
projected to propel demand within the global market for modified soya flour.
The popularity of vegan diets is also projected to result in an increased
demand for soya flour as the latter is considered to be a primary source of
protein in a vegan diet. Besides all of this, the growing demand for packaged
meals is also projected to pave way for the inflow of titanic revenues into the
global modified soya market.
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Global Modified Soya Flour Market:
Market Potential
The global
market for modified soya has been expanding at a boisterous pace on account of
the popularity of gluten-free products. Gluten-free products are healthy
alternates to several cholesterol-heavy products, and hence, patients suffering
from cardiovascular diseases prefer the former. Modified soya flour is used as
a base for textured vegetables and soymilk, and this factor shall also propel
market demand.
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Global Modified Soya Flour Market:
Regional Outlook
On the
basis of geography, the demand within the modified soya flour market in North
America has been rising at a starry rate due to the presence of robust food
supply chains in the US and Canada. Furthermore, the rising incidence of
cardiovascular diseases in the region has also led to increased sale of
modified soya flour in North America.
Global Modified Soya Flour Market:
Competitive Landscape
Some of
the key players in the global soya flour market are Archer Daniels Midland
Company, Associated British Foods, Cargill Incorporated, and The Scoular Company.
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