What is the size of the global soy isoflavone market?

Global demand for soy isoflavones is predicted to develop at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030, with a market value assessed at USD 1.2 billion in 2023 and anticipated to reach USD 1.83 billion by 2030.

What are the primary drivers of the global soy isoflavone market?

The primary drivers of the global soy isoflavone market are the rise in the prevalence of lifestyle-related health issues, the expansion of consumer knowledge of the health benefits of soy isoflavones, and the rising demand for plant-based products.

What are the key challenges facing the global soy isoflavone market?

A few of the major issues confronting the global soy isoflavone market are low consumer knowledge, worries about allergies, and competition from other plant-based sources.

Which region entirely dominates the global soy isoflavone market?

In 2023, North America held the largest share of the global soy isoflavone market.

What are the key players in the global soy isoflavone market?

The major companies include Fujicco, ADM, BASF SE, Cargill Incorporated, DSM S.V., Solbar Industries, Alpro, Fruitarom, Sanwei, Huanghe Songnen Soybean, and Future Ceuticals.