Soy Flour Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to soy flour market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Soy Flour Market News

  • In December 2024, Bikano, a renowned snack provider in the Indian market announced the launch of Chatax Soya Sticks. The product is made by using rice flour, soy flour, and spices and is available for Indian consumers in three pack sizes. The product was launched to meet the growing demand for flavorful and satisfying snacks among Indian consumers.
  • In February 2024, Amfora, a leading company focusing on wellness and sustainability announced the launch of ultra-high plant protein products. Amfora Ultra-High Protein Soy flour, Texturized Vegetable Protein and Crisps were launched using Amfora’s proprietary soybeans containing 25 percent higher protein content as compared to their conventional counterparts.
  • In February 2024, White River Soy Processing LLC, a leading provider of oilseed processing in the United States announced the purchase of Benson Hill Ingredients LLC. This acquisition added an established food grade soybean processing facility in Creston, Iowa to White River’s portfolio thereby strengthening its stance in the soy processing industry.

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Global Soy Flour Market size was valued at USD 3.54 Billion in 2023 and is poised to grow from USD 3.75 Billion in 2024 to USD 5.98 Billion by 2032, growing at a CAGR of 6% during the forecast period (2025-2032). Surging demand for plant-protein around the world, growing use of soy flour in bakery and confectionery applications, high demand for gluten-free products, and growing use in animal feed industry are expected to boost sales of soy flour going forward.

Soy flour providers should invest expanding the application scope of soy flour beyond food and beverage industry to generate new opportunities. Targeting countries with high vegan populations and growing popularity of plant-based diets is a key strategy for all companies as per this global soy flour market analysis. Eliminating price volatility from supply chain disruptions is expected to be a major factor to help maximize profitability for soy flour providers. 'Amfora', 'White River Soy Processing LLC', 'Pure Ceylon Cinnamon', 'Biofoods Pvt Ltd.', 'HDDES Group', 'Ceylon Spice Company', 'C.F. Sauer Company', 'First Spice Mixing Company', 'Elite Spice', 'EHL Ingredients', 'McCormick & Company, Inc.', 'SDS SPICES (PVT) LTD.'

Growing health and wellness consciousness among people around the world is projected to boost the demand for functional and fortified food products on a global level. Soy flour is widely used in functional foods due to its high protein content, isoflavones, and essential amino acids that support heart health, bone strength, and hormonal balance thereby driving the global soy flour market outlook as well.

Demand for Clean-Label and Non-GMO Soy Flour Products: Soy flour companies can focus on providing soy flour made from non-GMO soybeans to meet the growing demand for clean-label ingredients. Use of natural processing methods and obtaining organic certifications can also help companies make most of this soy flour market trend in the long run.

Why Asia Pacific is Perceived as a Leader in Soy Flour Business?

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Global Soy Flour Market
Soy Flour Market

Report ID: SQMIG45F2190

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