Soy Flour Market Report 2025

The soy flour market size has grown strongly in recent years. It will grow from $3.18 billion in 2024 to $3.38 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rise in chronic diseases, increased health awareness, advancements in healthcare infrastructure, home blood pressure monitoring, regulatory standards and guidelines, healthcare reimbursement policies.

The soy flour market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to focus on preventive healthcare, population health management, global initiatives for hypertension control, global aging population. Major trends in the forecast period include e-health and mobile health apps, personalized medicine trends, point-of-care testing, innovations in cuff design and comfort, wireless and connected devices, digitalization and automated blood pressure monitoring.

The increasing demand for vegan food is expected to significantly boost the growth of the soy flour market. Vegan food, which excludes all animal products and by-products, promotes cruelty-free and sustainable alternatives. Soy flour is a versatile ingredient widely used in various vegan products, offering a high-quality, plant-based protein source. For instance, a survey conducted by Finder.com LLC in January 2024 revealed that the number of vegans in the U.S. rose to 2.5 million, up from 1.1 million in 2023. This sharp increase reflects a growing consumer preference for plant-based diets, which is driving the demand for ingredients like soy flour. As more people adopt vegan lifestyles, the soy flour market is positioned for substantial growth to meet this rising demand for nutritious, plant-based options.

The growing health consciousness among consumers is expected to significantly boost the soy flour market. Health consciousness refers to the awareness individuals have about their physical and mental well-being, prompting them to seek healthier dietary options. Soy flour is a nutritious ingredient that can contribute to better health outcomes by helping to lower cholesterol levels, reduce blood pressure, and protect against heart disease. For example, a report by the International Food Information Council in May 2023 indicated that 43% of people aimed to lose weight - up from 34% in 2022 - while 39% sought to improve their physical appearance and overall energy levels. As more individuals prioritize their health and wellness, the demand for functional ingredients like soy flour is likely to increase, driving growth in the market as consumers look for ways to incorporate nutritious options into their diets.

The soy flour market is witnessing a prominent trend centered around product innovation, with key players dedicating substantial efforts to introduce novel products and fortify their market positions. A noteworthy example is the launch of Benson Hills' Truvail, a new soy protein ingredient portfolio, in February 2022. This portfolio encompasses high protein soy flour, a minimally processed variant of soy protein concentrate (SPC), and texturized proteins. TruVail products cater to both traditional soy protein applications and the rapidly expanding alternative plant-based protein markets. Notably, the portfolio emphasizes sustainability benefits, including a low carbon footprint achieved through regenerative agriculture practices and sustainable sourcing methods.

Major players in the soy flour sector are prioritizing collaboration and partnerships to enhance service reliability for customers. A strategic partnership example is the collaboration between Archer-Daniels-Midland (ADM), a US-based food processing and commodities company, and Benson Hill in August 2022. This partnership aims to scale the production of innovative soy-based protein ingredients to meet the surging demand for plant-based proteins across diverse food and beverage markets. Under this exclusive licensing agreement in North America, ADM is slated to process and commercialize a portfolio of patented compounds derived from Benson Hill's Ultra-High Protein (UHP) soybeans.

In May 2022, Benson Hill, a prominent crop improvement company based in the United States, successfully completed the acquisition of ZFS Creston for an undisclosed sum. This strategic acquisition is poised to fortify Benson Hill's leadership position in the competitive plant-based protein industry and expedite the company's ongoing endeavors to establish more sustainable food systems. Additionally, the acquisition is expected to enhance Benson Hill's technological capabilities, enabling the company to leverage its advanced technology for the improvement of sustainability and nutritional aspects in the cultivation of corn and soybean crops. ZFS Creston, a US-based food-grade company specializing in white flake and soy flour manufacturing operations, aligns strategically with Benson Hill's objectives, contributing to the overall diversification and growth of the company's offerings in the dynamic plant-based protein sector. This acquisition underscores Benson Hill's commitment to driving innovation and sustainability within the food industry.

Major companies operating in the soy flour market include Archer Daniels Midland Company, Devansoy Inc., Sakthi Soyas Limited, Foodchem International Corporations, Bob’s Red Mill Natural Foods, CHS Inc., Sonic Biochem Extraction Pvt. Ltd., DuPont de Nemours Inc., Kerry Group, Living Foods India Private Limited, Ruitenberg Ingredients BV., BIC Ingredients B.V., Sun Nutrafoods, Cargill Incorporated, Bunge Limited, The Scoular Company, Fuji Oil Co. Ltd., SunOpta Inc., SOJAPROTEIN, Ingredion Incorporated, The Hain Celestial Group Inc., Burcon NutraScience Corporation, Ag Processing Inc., Euroduna Food Ingredients GmbH, The Nisshin OilliO Group Ltd., Natural Products Inc.

North America was the largest region in the soy flour market in 2024. Asia Pacific is expected to be the fastest-growing region in the global soy flour market during the forecast period. The regions covered in the soy flour market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soy flour market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Soy flour is a flour variant produced by grinding roasted soybeans, known for its high protein content, making it an excellent source of plant-based protein. This type of flour is frequently utilized as a gluten-free alternative to wheat flour in the preparation of various baked goods, including bread, cakes, and cookies.

There are two main types of soy flour defatted and full fat. Defatted soy flour is created by extracting most of the fat from soybeans. These soy flour varieties are widely distributed through diverse channels such as online stores, convenience stores, departmental stores, direct sales, and others. They find applications in a range of culinary uses, including bakery and confectionery items, meat substitutes, meat and poultry products, soups, sausages, and more. The versatility of soy flour makes it a valuable ingredient in various food preparations and a preferred choice, especially in gluten-free recipes.

The soy flour market research report is one of a series of new reports that provides soy flour market statistics, including soy flour industry global market size, regional shares, competitors with a soy flour market share, detailed soy flour market segments, market trends, and opportunities, and any further data you may need to thrive in the soy flour industry. This soy flour market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The soy flour market consists of sales of full-fat and low-fat soy flour, soy protein concentrate, and soy protein isolate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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