Market overview Textured soy protein (TSP) is also known as a textured vegetable protein that is made from soy flour, soy concentrates, or soy protein isolates. Textured soy proteins contain 52% protein on a dry basis that is considered as a meat analogue. It is easy for cooking and available as uncoloured or caramel colour. These types of proteins are adopted by vegan consumers, owing to the increasing demand for protein-rich food and the healthy lifestyle of the consumers. The growth of health issues such as diabetes and rising cholesterol, and the avoidance of edible products from animal sources such as eggs, meat, and dairy products. The textured soy protein usage around the world is becoming a priority as they are delivering similar nutritional value and a low-fat diet as compared to meat and other items. The healthy diet that includes limited fat and high carbohydrate content is raising the growth of the textured soy protein. To get more info: https://www.marketresearchfuture.com/press-release/textured-soy-protein-market The global textured soy protein market report presents the research that has been done as meat substitutes in terms of taste and nutrition that is hindering the growth of the market for the forecast period till 2023. There is a lot of health awareness and the consumers are opting for low-carb and low-fat foods that are boosting the demand for the global textured soy protein market. The rising demand for Ready-to-Eat food products owing to the lifestyle that is projected to drive market growth. Market segmentation The global textured soy protein market has been segmented based on types, form, and applications for the growth of the demand and supply of the product. The market has been based on the type as: • Organic • Conventional The global textured soy protein market based on the form has been segmented as: • Soy protein isolates • Soy protein concentrates • Soy flour Based on textured soy protein market application, the global product market has been segmented into: • Dairy alternatives • Meat substitutes • Bakery products • Cereals and snacks • Feed • Infant nutrition Functional drinks are also contributing to the global market and are expected to support market growth in the coming years. The growing popularity of the textured soy protein as a substitute for meat is also significantly contributing to the expansion of the global market. Regional analysis The global market has been segmented based on the regions such as Europe (Germany, UK, Italy, France, Spain and the Rest of Europe), North America (Canada, US, Mexico), Latin America, South America, Asia-Pacific (India, China, Australia, Japan), New Zealand, Middle East, and Africa. Among all these regions in the world, North America is expected to dominate the global textured soy protein market that is demanding for a vegan diet. Moreover, the increasing demand for high protein and meat substitutes products in North America and Europe. Industry news New technology has been developed for creating a 3D scaffold made out of textured soy protein for processing artificial meat. It gives the taste, aroma, and texture of real meat and the improved methods of creating cultured meat for human consumption are helping to reduce the reliability of animal agriculture.