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A class of soluble polysaccharides called soybean polysaccharides are produced from soybean meal, okara, soybean cotyledon, and other sources. Using hydrolysis techniques, these carbohydrates are broken down into many monosaccharide molecules. Given that they don't include sugar or starch, these polysaccharides are being adopted by customers who are more concerned with their health.
The strategic analysis, micro and macro market trends and scenarios, price analysis, and a general review of market conditions over the projected period are all included in the soy polysaccharides market research reports that take a close look at key rivals. This expertly written study is comprehensive and focuses on fundamental and secondary drivers, market share, important market categories, and geographic analysis. The research also examines important players, significant partnerships, mergers and acquisitions, innovation, and changes in corporate policy.
According to a Business Research Insights analysis, from 2022 to 2027, the global market for soy polysaccharides is expected to grow at a CAGR of 3.3%. The market value was USD 146.5 million in 2022. According to application, the lactic acid beverage sector is anticipated to dominate the market in 2022, representing more than 45% of sales of soy polysaccharides.
COVID-19 Impacted Product Demand and Market Trends
The unprecedented global public health catastrophe known as COVID 19 has had an impact on almost every industry, and its long-term ramifications are anticipated to have an impact on industry growth over the course of the projected period. The soluble soybean polysaccharides are anticipated to grow less during the COVID-19 expansion, which is anticipated to have negative effects on the global industry. Despite this, it is projected that the market would report rising demand throughout the post-pandemic phase as the economy returns to equilibrium.
Business Research Insights Presents the Top 5 Soybean Polysaccharides
1. Fuji Oil Group
One of the biggest producers of a variety of ingredients with advanced functions, such as soy protein isolate, soy peptide, and soluble soy polysaccharides, as well as premium soy milk products that have been created using the USS (ultra soy separation) manufacturing method for the first time in the world is Fuji Oil Holdings, with headquarters in the Daibiru Honkan Building, 3-6-32, Nakanoshima, Kita-ku, Osaka-shi.
The business provides services to restaurants, food and confection producers, producers of prepared meals, merchants, convenience stores, and producers of dairy products, processed foods, instant noodles, and frozen confections. It conducts business in China, the US, Southeast Asia, and nations in Europe and runs manufacturing operations in Singapore and Japan. The headquarters of Fuji Oil are in Osaka-Shi, Osaka, Japan.
2. Tianjing (China)
IBISWorld reports that the COFCO Group, which was established in 1952, is a significant importer and exporter of grains, oils, and foodstuffs as well as one of China's top food producers. The business is also among the top 500 global corporations. One of the COFCO brands is Fu Lin Men. The first item was introduced in Tianjin in 1993.
A Chinese conglomerate with its headquarters in Tianjin, China, Tianjin TEDA Co., Ltd. is active in several different business sectors. It is involved in the production of clothing, ecological goods, transportation services, pharmaceuticals, and food products. Tianjin Economic-Technological Development Area is referred to as TEDA.
According to free float-adjusted market capitalization, Tianjin TEDA is placed between 301 and 500th as of 8 November 2016 since it is consistent with the SZSE Component Index but not the SZSE 300 Index.
3. Shahghai Biotech
Shanghai, China-based JI (Shanghai) Biotech Co., Ltd. is a privately held oncology business. We are assisting Arog Pharmaceuticals, Inc., a biotech company based in the United States, in developing crenolanib in China. Arog Pharmaceuticals, Inc. purchased the global rights to crenolanib from Pfizer in 2010. By undertaking local arms of its Ph. III research in AML and, maybe, solid malignancies (such as R/R Gastric Cancer, Gastrointestinal Stromal Tumor (GIST), and Glioblastoma), JI (Shanghai) Biotech intends to take part in Arog's global development plan.
4. Pingdingshan Jinjing Biotechnology
We are the biggest and only manufacturer of soluble soy polysaccharide (SSPS) in China. A new stabiliser called SSPS has mostly replaced HM pectin. Dispersed isolated soy protein type isp620 is one of a wide selection of goods offered by Pingdingshan Jinjing Biological Technology Co., Ltd. It has the following characteristics: great dispersion stability, moderate viscosity, no taste, and ease of dispersion in water. Examples of applications include ice cream, dairy products, health foods, bakery items, and wheat products.
5. Yiming Biological Products
Yiming Biological Products Co Ltd is a high-tech business that produces food additives as its specialty. Transglutaminase, Lipase, Curdlan, and e-Polylysine are our primary products. We have established a quality control method for our goods and services in accordance with ISO, HACCP, Kosher, and Halal standards. One of the several food addicts offered by Taixing Yiming Biological Products Co., Ltd. is hydroxypropyl beta-cyclodextrin. It aids in enhancing the solubility of medications. By using cyclodextrin derivatives, insoluble medications, such as Chinese herbal remedies, can be converted into injections, increasing their bioavailability. For instance, an oral formulation of 5-fuorocarbamidopyrimidine that effectively controls release and has improved bioavailability may be created, which could result in a reduction in dosage while boosting the therapeutic impact. On the other hand, patients who lack go-aheadism may benefit from an injection.
Demand for nutritional supplements will remain strong
The food industry will continue to offer new prospects for product suppliers due to the rise in the incidence of many chronic diseases and rising healthcare R&D. In the meanwhile, there is a large demand for nutritional supplements across numerous consumer sectors. Over the following several years, the market for Soybean Polysaccharides will undoubtedly grow due to the rising popularity of supplements. This is because consumer spending on food and beverage items is rising, new products are being introduced, older technologies are being updated and transformed, and soluble soybean polysaccharides are becoming more widely used in Asia Pacific.