- Published 2024
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Middle East Soybean Food And Beverage Products Market Research Report, Analysis and Forecast
Middle East Soybean Food And Beverage Products Market Synopsis
There are several reasons why soy-based food and drink items are becoming more popular in the Middle East. To begin with, soy is regarded as a wholesome source of protein and is acceptable for those who eat a vegetarian or vegan diet. As a result, among the region’s health-conscious customers, demand for food products based on soybeans has soared.
The second benefit of soybean is that it is a cheap and adaptable ingredient that may be employed in a range of food and beverage items. Because of the different palates of the Middle Eastern population and their constant search for novel and intriguing culinary options, this has led to a growth in its use in the food business.
Thirdly, Soybean-based products are also being promoted as a sustainable and environmentally friendly alternative to traditional animal-based food products. As awareness of environmental issues grows, more consumers are looking for plant-based alternatives to meat and dairy products, and Soybean-based products are a popular option in this regard.
According to the UN Food and Agriculture Organization, Middle Eastern countries consumed an estimated 1.8 million tons of soybean products in 2019.
Soybeans are becoming increasingly popular in the Middle East due to their high nutritional value and low cost.
The UAE is the largest soybean importer in the Middle East, importing more than 500,000 tons of soybeans each year.
The UAE has also seen an increase in the demand for plant-based alternatives in recent years, with a growing number of restaurants and supermarkets offering vegan and vegetarian options.
Finally, the Middle East has a significant population of lactose-intolerant individuals, and Soybean-based milk and dairy products are a popular alternative for them. These products are also being marketed to health-conscious consumers as a low-fat and low-calorie alternative to traditional dairy products.
Overall, the popularity of Soybean food and beverage products in the Middle East is driven by a combination of health, affordability, versatility, and sustainability factors, and is expected to continue to grow in the coming years.
Middle East Soybean Food And Beverage Products Market: Overview
Soybean food and beverage products refer to a range of products that are derived from soybeans, a type of legume that is widely cultivated for its high protein content and versatile applications in the food industry. Soybean products have been gaining popularity in the Middle East due to the increasing demand for plant-based protein sources, as well as the health benefits associated with soy consumption.
The market for soybean food and beverage products can be segmented based on product type, which includes soy milk, tofu, soy sauce, soy flour, and others. Soy milk is a popular dairy-free alternative to cow’s milk and can be consumed on its own or used as a base for various beverages and desserts. Tofu, also known as bean curd, is a protein-rich food that is made by coagulating soy milk and pressing the resulting curds into blocks. Soy sauce, on the other hand, is a savoury condiment that is commonly used in Asian cuisine as a seasoning for various dishes. Soy flour is a versatile ingredient that can be used to add protein and fibre to baked goods, while other soybean products include tempeh, miso, and soy protein isolate.
The market for soybean food and beverage products can also be segmented based on application, which includes food and beverages, animal feed, and others. In the food and beverage industry, soybean products are used as a source of protein and as an ingredient in various products such as meat substitutes, snacks, and beverages. Soybean products are also used in animal feed to provide a source of protein for livestock and pets. Other applications of soybean products include industrial uses such as biodiesel production and the manufacturing of plastics and adhesives.
Overall, the increasing popularity of soybean food and beverage products in the Middle East can be attributed to the growing demand for plant-based protein sources, as well as the versatility and health benefits associated with soy consumption.
Saudi Arabia Soybean Food And Beverage Products Market Synopsis
The Soybean Food And Beverage market in Saudi Arabia is growing due to some factors. First, the country’s population is increasing, resulting in a larger number of potential customers for the product. Additionally, the country is undergoing a period of economic growth, allowing a larger number of people to have the resources and disposable income necessary to purchase the food and beverage items. Furthermore, the country is becoming more health conscious, leading to a greater demand for soybean food and beverage products, which are seen as a healthy alternative to traditional food and beverage items. Finally, the country is becoming increasingly urbanized, leading to a greater number of people living and working in metropolitan areas where soybean food and beverage products are more readily available.
UAE Soybean Food And Beverage Products Market Synopsis
The Soybean Food And Beverage market in the United Arab Emirates is also growing due to some factors. First, the country is experiencing a period of economic growth, leading to a larger number of people having the resources necessary to purchase the products. Furthermore, the country is becoming more health conscious, resulting in a larger demand for soybean food and beverage products, which are seen as a healthier alternative to traditional items. Additionally, the country is becoming increasingly internationalized, with more people from around the world living and working in the country. This has led to a wider variety of people being exposed to soybean food and beverage products, resulting in an increased demand for the products.
Middle East Soybean Food And Beverage Products Market: Segmentation
The middle east Baby Care Products market has been segmented By Product and By Application.
Based on the By Type, the middle east is Soy Milk, Tofu, Soy Sauce, Soy flour, and Others. In 2021, Soy tofu held a significant share. This was due to its high nutritional value, low cost, and the fact that it is easy to prepare. It is also suitable for a variety of diets, including vegan, vegetarian, and gluten-free. It has become a popular choice for health-conscious consumers. Moreover, soy tofu has become increasingly attractive to health-focused shoppers due to its versatility, as it can be cooked in many different ways and incorporated into a variety of cuisines. For example, soy tofu can be used to make a creamy vegan Alfredo sauce, a vegan-friendly teriyaki stir-fry, and even a vegan crème brûlée.
Based on the By Application, the middle east is a Food and Beverages, Animal Feed, and Others. In 2021, the animal feed segment held a significant share. This segment is further expected to grow due to the rising demand for animal feed additives and supplements. Increasing concerns about animal health and growth are driving the demand for animal feed. The surge in global meat consumption is also expected to contribute to segment growth. Furthermore, the development of innovative solutions that are cost-effective and can improve animal health and performance is likely to expand the market reach of the animal feed segment further. For instance, the use of probiotics and other health-promoting feed ingredients is emerging as an effective way to improve the health of livestock and poultry, which is expected to support the growth of the animal feed segment.
In 2021, the Middle East Soybean Food And Beverage Products space saw several significant developments.
- BIM Group, the leading food and beverage company in the Middle East, announced the launch of its new plant-based food brand, BIM Plant-Based, in April 2021. The new brand will offer a wide range of plant-based food and beverage products, including plant-based cheese, plant-based milk, plant-based yoghurt, plant-based ice cream, plant-based burgers and much more.
- In March 2021, Al-Rai Group, a leading food and beverage company in the Middle East, announced the launch of its new soy-based food and beverage brand, Al-Rai Soy. The new brand will offer a wide range of soy-based food and beverage products, including soy-based milk, soy-based yoghurt, soy-based cheese, soy-based ice cream, soy-based burgers and much more.
- In April 2021, Sahara Food Industries, a leading food and beverage company in the Middle East, announced its merger with the leading soybean-based food and beverage company, Sahara Soybean. The merged entity will offer a wide range of soybean-
In 2021, there were several acquisitions in the Middle East Soybean Food And Beverage Products company space.
- In 2021, DuPont Nutrition & Biosciences launched a new plant-based protein product, SUPRO XT 221D, for the Middle East market. The product is designed to meet the growing demand for sustainable and nutritious food options.
- In 2021, Cargill announced the launch of its new plant-based ingredient, CremoFLEX, for use in the Middle East and North Africa (MENA) market. The ingredient is designed to improve the texture and mouthfeel of plant-based food and beverage products.
The Middle East Soybean Food And Beverage Products Market is segmented as follows:
By Product
- Soy milk
- Tofu
- Soy sauce
- Soy flour
- Soybean oil
- Edamame
- Soy protein powder
- Soy-based meat alternatives (e.g., veggie burgers, soy dogs)
- Soy nuts
- Soy-based snack foods (e.g., soy chips)
By Application
- Food and beverages
- Animal feed
- Industrial uses (e.g. biodiesel, lubricants, plastics)
By Region
- The Middle East
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Rest of the Middle East
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