Global textured soy protein market is accounted to $3.60 billion growing at a CAGR of 9.5% during the forecast by 2025
Analysis of Global textured soy protein report: The global textured soy protein market is expected to reach USD 3.60 billion by 2025, from USD 1.74 billion in 2017, growing at a CAGR of 9.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Definition: This market report defines the market trends and forecast the upcoming opportunities and threats of the textured soy protein market in the next 8 years. Textured soy protein (TSP) is also known as textured or texturized vegetable protein (TVP) but the generic name is total soy protein (TSP), because it contains a derivative of soybeans than vegetables. Soy meat or soya chunks are defatted soy flour product as well as a by-product of soybean oil. It is often used as an equivalent of meat. Textured soy proteins are frequently used as a meat replacement and also in some cases ...