Soya Bean Curd Powder Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0197395
  • Format: Electronic (PDF)
  • Number of Pages: 181
  • Author(s): Joshi, Madhavi

Report Overview

The Soya Bean Curd Powder Market size was estimated at USD 220 million in 2023 and is projected to reach USD 380 million by 2030, exhibiting a compound annual growth rate (CAGR) of 7.90% during the forecast period (2024-2030).

Soya Bean Curd Powder Market

(Market Size)
$220 million
$380 million
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.90%
2023 Market Size USD 220 million
2030 Market Size USD 380 million
Key Players Archer Daniels Midland, Cargill, DuPont, Kerry Group, Ingredion

Market Summary

The soya bean curd powder market is a significant segment within the global food and beverages industry, primarily driven by the rising consumer shift towards plant-based and protein-rich dietary options. This market revolves around the production and distribution of powdered forms of soya bean curd, also known as dried tofu or bean curd powder, which serves as a versatile ingredient in various culinary applications. It is widely utilized as a key component in vegetarian and vegan food products, dairy alternatives, and nutritional supplements due to its high protein content and functional properties. The market is characterized by a growing demand from health-conscious consumers, food manufacturers, and the food service sector, all seeking sustainable and nutritious ingredient solutions. Geographically, the market demonstrates a strong presence in regions with established soy food traditions, such as Asia Pacific, while simultaneously expanding its footprint in North America and Europe due to increasing adoption of plant-based diets. Key industry participants range from large-scale multinational food corporations to specialized ingredient suppliers, all competing on factors like product quality, pricing, and innovation to capture market share. The overall market trajectory is positive, supported by broader trends in health, wellness, and sustainability.

Key Highlights

The soya bean curd powder market is distinguished by several key highlights that underscore its current dynamics and future potential. A primary highlight is the ingredient's exceptional nutritional profile, being rich in complete protein, essential amino acids, iron, and calcium, making it a highly sought-after component in functional foods and sports nutrition. The market is also witnessing significant product innovation, with manufacturers developing instant-dissolving variants, flavored options, and blends tailored for specific applications like smoothies, baked goods, and ready-to-drink beverages. Another critical aspect is the robust supply chain for non-GMO and organic soya bean curd powder, catering to the discerning consumer demand for clean-label and sustainably sourced products. The industrial application of this powder is expanding beyond traditional uses, finding new roles in meat analogs, cheese alternatives, and protein fortification of conventional food items. Furthermore, strategic activities such as mergers, acquisitions, and capacity expansions by leading companies are shaping the competitive landscape, aiming to enhance their geographic presence and product portfolios to meet the escalating global demand.

Drivers, Opportunities & Restraints

The growth of the soya bean curd powder market is propelled by a confluence of powerful drivers, alongside identifiable opportunities and restraints. A principal driver is the escalating global trend towards veganism and flexitarian diets, which has drastically increased the consumption of plant-based proteins. This is complemented by growing health awareness concerning the benefits of soy-based products, including cholesterol management and heart health. Significant opportunities lie in the untapped potential of emerging economies, where rising disposable incomes and urbanization are fostering new consumer markets. Furthermore, the application of soya bean curd powder in novel food categories, such as infant nutrition and clinical nutrition formulas, presents a substantial growth avenue for manufacturers. However, the market does face certain restraints. A major challenge is the prevalence of soy allergies among a segment of the population, which limits consumer base expansion. Additionally, fluctuations in the price and availability of raw soybeans, influenced by climatic conditions and agricultural policies, can impact production costs and profit margins. Intense competition from other plant-based protein sources, such as pea and rice protein, also poses a moderate threat to market growth.

Concentration Insights

The competitive concentration within the soya bean curd powder market reveals a landscape with a mix of large multinational corporations and specialized regional players. The market is moderately concentrated, with a handful of major global ingredient suppliers holding significant market share due to their extensive distribution networks, strong R&D capabilities, and diverse product offerings. These leading companies often operate integrated supply chains, from soybean cultivation to processing and powder manufacturing, ensuring quality control and cost efficiency. Alongside these giants, numerous small and medium-sized enterprises (SMEs) thrive by focusing on niche segments, such as organic, non-GMO, or artisanal soya bean curd powder, catering to specific consumer demands. Geographically, concentration is highest in Asia Pacific, which is both a major production and consumption hub, followed by North America and Europe. The competitive intensity is high, with players engaging in strategies like product portfolio expansion, strategic partnerships with food manufacturers, and geographic expansion to strengthen their positions. This dynamic ensures a continuous flow of innovation and keeps the market responsive to evolving consumer trends.

Type Insights

The soya bean curd powder market can be segmented by type, primarily distinguished by the nature of the soybeans used and the processing method employed. The most prominent categorization is between conventional and organic soya bean curd powder. Conventional powder represents the larger share of the market, valued for its cost-effectiveness and wide availability. It is produced from genetically modified or non-GMO soybeans using standard agricultural and processing practices. In contrast, the organic segment is experiencing faster growth, driven by increasing consumer preference for products perceived as natural and free from synthetic pesticides and fertilizers. Organic certification requires adherence to strict farming and processing standards. Another key differentiation is based on the protein content and functionality, leading to variants like isolated soy protein powder and textured soy protein powder, each designed for specific applications in food manufacturing. The choice of type depends heavily on the end-use application, price sensitivity of the target market, and the desired nutritional and functional properties in the final food product.

Application Insights

The application of soya bean curd powder is diverse and spans multiple sectors within the food and beverage industry, which is a testament to its versatility. A dominant application is in the production of meat analogs and substitutes, where its protein content and texture-forming properties are crucial for replicating the mouthfeel and nutritional value of meat. It is equally fundamental in the dairy alternatives sector, being a key ingredient in plant-based milk, yogurt, cheese, and ice cream. The health and wellness segment utilizes the powder extensively in nutritional supplements, protein shakes, and meal replacement powders targeted at athletes, bodybuilders, and health-conscious individuals. In the bakery and confectionery industry, it serves as an egg replacer and protein fortifier in products like bread, cakes, and cookies. Furthermore, it finds application in traditional Asian cuisines for preparing dishes like tofu, as well as in soups, sauces, and dressings as a thickening and stabilizing agent. This wide array of applications ensures a steady and growing demand from various end-user industries.

Regional Insights

The demand and production of soya bean curd powder exhibit distinct regional patterns influenced by dietary habits, cultural acceptance, and economic development. The Asia Pacific region stands as the largest and most established market, accounting for a predominant share of global consumption. This is attributed to the deep-rooted cultural tradition of consuming soy-based products in countries like China, Japan, and South Korea. The region is also a major producer, with strong agricultural and processing infrastructures. North America and Europe represent rapidly growing markets, fueled primarily by the accelerating trend of veganism, plant-based diets, and heightened health consciousness. In these regions, the product is largely consumed as an ingredient in meat and dairy alternatives rather than in traditional forms. Emerging economies in Latin America and the Middle East and Africa are anticipated to witness gradual growth, driven by increasing urbanization, exposure to global food trends, and the gradual entry of international food brands and retailers, which is introducing new dietary options to consumers.

Company Insights

The soya bean curd powder market features a competitive arena with participation from both global ingredient giants and specialized manufacturers. Prominent players such as Archer Daniels Midland Company, Cargill Incorporated, and DuPont de Nemours Inc. (through its nutrition and biosciences division) hold significant influence due to their vast resources, extensive product portfolios, and global reach. These companies often supply soy ingredients, including curd powder, to a wide range of food and beverage manufacturers. Other key contributors include Fuji Oil Holdings Inc., a specialist in plant-based food solutions, and The Scoular Company, which focuses on agricultural sourcing and processing. Numerous regional players, particularly in Asia, such as Hung Yang Foods Company and Shanghai Weiwei Group Co. Ltd., also play a crucial role by catering to local tastes and demands. Competition among these entities is based on product quality, consistency, price, innovation in processing technologies, and the ability to provide customized solutions to large-scale food producers. Sustainability credentials and transparent supply chains are also becoming critical differentiators.

Recent Developments

The soya bean curd powder market has been active with recent developments that reflect its growth and evolving nature. A significant trend is the increased investment in production capacity expansion by leading companies to keep pace with the surging global demand for plant-based proteins. For instance, several major agribusiness firms have announced new processing facilities or upgrades to existing plants dedicated to soy protein isolate and textured vegetable protein production. Another notable development is the heightened focus on research and development aimed at improving the functional properties of the powder, such as enhancing its solubility, neutralizing the beany flavor, and increasing its protein concentration. Strategic mergers and acquisitions continue to shape the landscape, as larger corporations seek to acquire innovative startups or specialized manufacturers to bolster their market position and technological expertise. Furthermore, there is a growing emphasis on sustainability initiatives, with companies investing in programs for responsible soybean sourcing, reducing water and energy consumption during processing, and obtaining various environmental certifications to appeal to eco-conscious consumers and business clients.

Report Segmentation

This comprehensive market research report on the soya bean curd powder market provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the industry. The segmentation is primarily based on type, distinguishing between organic and conventional soya bean curd powder, with further breakdowns possible by protein content and functional grade. The application segmentation is extensive, covering key areas such as meat substitutes, dairy alternatives, nutritional supplements, bakery and confectionery, and other food applications including traditional cuisines. Geographically, the report offers a thorough regional analysis, segmenting the market into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, with country-level analysis for major markets within these regions. Furthermore, the report includes a dedicated company landscape section, profiling key market players and analyzing their market share, strategies, and product offerings. This multi-faceted segmentation allows stakeholders to identify specific growth pockets, understand application-specific demands, analyze regional dynamics, and assess the competitive environment, thereby facilitating informed strategic decision-making.

FAQs

What is soya bean curd powder used for?

Soya bean curd powder is a versatile ingredient predominantly used as a base for making tofu at home or on an industrial scale. It is also widely utilized as a protein fortifier in food manufacturing, finding applications in meat analogs, dairy alternatives like plant-based milk and yogurt, nutritional supplements, bakery products, and as a thickening agent in various soups and sauces.

How is soya bean curd powder made?

The production of soya bean curd powder typically involves several key steps. It begins with the selection and cleaning of high-quality soybeans. The beans are then soaked, ground with water, and heated to produce soy milk. This milk is subsequently coagulated using natural agents like calcium sulfate or magnesium chloride to form curds. These curds are then pressed to remove whey, dried thoroughly using methods like spray drying or drum drying, and finally milled into a fine, consistent powder.

What are the benefits of soya bean curd powder?

Soya bean curd powder offers numerous health benefits, primarily due to its high-quality plant-based protein content, which contains all essential amino acids. It is a good source of iron, calcium, and isoflavones, which are linked to various health benefits including improved heart health and bone density. It is cholesterol-free, low in saturated fat, and serves as an excellent dietary option for vegans, vegetarians, and individuals with lactose intolerance.

Is soya bean curd powder the same as soy protein isolate?

No, soya bean curd powder and soy protein isolate are distinct products. Soya bean curd powder is essentially dehydrated tofu, retaining much of the original soybean's nutritional profile, including protein, fiber, and fats. In contrast, soy protein isolate is a highly refined form of protein extracted from defatted soybean meal, containing a much higher protein concentration (typically over 90%) with most of the carbohydrates and fats removed, resulting in different functional properties.

Where can I buy soya bean curd powder?

Soya bean curd powder is available for purchase through various channels. For industrial and food service quantities, it is typically sourced directly from ingredient manufacturers or distributors like Archer Daniels Midland or Cargill. For retail consumers, it can be found in well-stocked supermarkets, health food stores, specialty Asian grocery stores, and on numerous e-commerce platforms including Amazon and online retailers specializing in baking supplies or vegan products.

Citius Research has developed a research report titled “Soya Bean Curd Powder Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Soya Bean Curd Powder Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Soya Bean Curd Powder Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Soya Bean Curd Powder Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Soya Bean Curd Powder Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Soya Bean Curd Powder Market
• Research Methodology
• Executive Summary
• Market Dynamics of Soya Bean Curd Powder Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Soya Bean Curd Powder Market
• Cost and Gross Margin Analysis of Soya Bean Curd Powder Market
• Soya Bean Curd Powder Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Soya Bean Curd Powder Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Soya Bean Curd Powder Market Key Stakeholders

Below are the key stakeholders for the Soya Bean Curd Powder Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Soya Bean Curd Powder Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Soya Bean Curd Powder Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Soya Bean Curd Powder Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Soya Bean Curd Powder Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Soya Bean Curd Powder Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Soya Bean Curd Powder Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Soya Bean Curd Powder Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Soya Bean Curd Powder Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Soya Bean Curd Powder Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Soya Bean Curd Powder Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Soya Bean Curd Powder Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Soya Bean Curd Powder Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Soya Bean Curd Powder Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Soya Bean Curd Powder Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Soya Bean Curd Powder Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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