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World Soy Protein Production Grew to 2.77M Metric Tons in 2009, Says New Soyatech Report (10.28.2010)

Soyatech LLC -- SOUTHWEST HARBOR, ME -- October 28, 2010 -- Soy protein for food use continues to be a dynamic growth market worldwide with production reaching 2.77 million metric tons in 2009 (up by more than 50% over the course of the decade), according to Soy Proteins: Products, Industry & Market 2010, a report released today by Soyatech, LLC, the leading intelligence resource for the food and agribusiness industries.

Soyatech’s new report, Soy Proteins: Products, Industry & Market 2010, summarizes developments in the soy protein industry over the last 15 years (including the rapid rise of the Chinese processing industry) and forecasts likely growth of the sector in value and volume through 2015. The report discusses the major food applications for soy protein products, factors affecting world soybean supply, and global consumption patterns that will impact further market expansion.

“Since we began looking at the soy protein market in detail in 2006,” said Sarah Day LeVesque, Soyatech Content Manager and lead author of the report, “We have seen the dramatic growth from the first half of the decade cool, though soy protein isolates, concentrates and flours for food use remain a valuable, growing market segment for the major companies that produce them.”

Soy proteins are widely used in food for their functional and health properties, and the past 50 years of food industry research and development has yielded a broad array of products that can be used in creating vegetarian foods; extending processed meat products; fortifying beverages, snack foods and cereals; as well as many other uses.

More information about Soy Proteins: Products, Industry & Market 2010, including a prospectus, is now available from Soyatech’s online Resource Library (http://www.soyatech.com/store.htm?catId=9) or by calling 800-424-SOYA.

About Soyatech, LLC

Soyatech (www.soyatech.com) is a global media, marketing and event company that assists food, oilseed, agribusiness and agricultural transportation firms to assess and develop market opportunities in the global oilseed and grain sector through its publications, conferences, webinars, and widely-used internet platform.

Founded in 1985, the company publishes the annual Soya & Oilseed Bluebook, the industry’s leading source of information on oilseed and agribusiness companies and products, an industry-focused email newsletter (in daily and weekly editions) and is responsible for Soyatech.com, the award-winning business-to-business online resource for the industry. Soyatech’s information services are referred to by tens of thousands of the world’s leading commodity, food and biofuels companies in over 100 countries every week. Soyatech, LLC is a wholly-owned subsidiary of HighQuest Partners.

Contact:
Joe Jordan
Soyatech
207.266.6224
joe@soyatech.com

 

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