Global Soy Derivatives Market In-Depth Analysis 2023
Soy Derivatives Market Highlights Soy is a commonly consumed food product, especially by health-conscious individuals, due to its high protein content. Soy meal, a primary ingredient in livestock feed, contains approximately 40%–45% protein. It is a high-fiber and high protein derivative obtained after the extraction of oil and is used as animal feed for poultry, cattle, and other livestock. However, soy derivatives are a common cause of various allergic reactions such as asthma, anaphylactic shock, and allergic rhinitis in humans, which is expected to impede the growth of the global soy derivatives market. The global soy derivatives market has been segmented based on type, category, application, and region. According to type, the global soy derivatives market size has been divided into soy oil, soy meal, soy protein, soy lecithin, soy milk, and others. The soy protein segment has further been classified as soy flour, soy protein isolates, and soy protein...