Soybean
Overview
Soybean is a versatile crop that has a wide range of uses, from food and feed to industrial applications. It is one of the most important crops in the world, with China, the United States, Brazil, and Argentina being the largest producers. Soybeans are rich in protein and oil, making them a valuable commodity in the global market.
Textured Vegetable Protein Market
The textured vegetable protein market is expected to grow significantly in the coming years, driven by the increasing demand for plant-based protein products. Major players in the market include Archer Daniels Midland Company, Cargill Incorporated, DuPont, Roquette Frères, Shandong Yuxin Biotechnology Co. Ltd., Axiom Foods Inc., Kansas Protein Foods LLC, and Foodchem International Corporation.
As consumers become more health-conscious and environmentally aware, the demand for plant-based protein products is expected to continue to grow. Textured vegetable protein is a popular alternative to meat-based products, as it is lower in fat and calories and is produced using sustainable farming practices.