Global Okara Market Size, Trends, and Growth Opportunity, By Usage (Bread, Steamed Bread, Noodles, Others), By Nutritional Sources (Protein, Fat, Calcium, Minerals Dietary Fiber), By By-Product (Tofu, Soy Milk), By Application (Hotels, Restaurants, and Catering, Food Processing, Household Others), By Distribution Channel (Store-Based, Non-Store-Based), By Region and forecast till 2027.
Global Okara Market
Global Okara Market is valued at USD 2.27 billion in 2021 and is slated to reach USD 4.98 billion by 2027 at a CAGR of 3.75 % from 2022-2027.
Okara is a by-product of meals made from soy that is formed during the making of soymilk or tofu. It includes various nutrients and roughly 25% protein, 10% fat, and 50% dietary fiber. It typically has a yellowish or white tint. Okara has a high fiber content and low manufacturing costs, making it a good raw material and a rich source for creating fiber.
Market Drivers
Okara is a plentiful supply and suitable raw material for making dietary supplements and fiber to ward off metabolic disorders. In recent years, DFs, peptides, aglycone isoflavones, and amino acids in okara have been discovered to have a variety of physiological effects against metabolic syndromes such as hyperlipidemia, diabetes, obesity, and cardiovascular illnesses. As a result of okara's numerous health advantages, the market is anticipated to expand throughout the forecast period. Okara serves as animal feed, an emulsifier, a food preservative, and a critical component for better soil health. Because it is a more affordable and environmentally friendly option, okara is a resource that is frequently utilized in animal feed. As consumer demand for livestock products rises daily, so does the demand for okara in animal diets, which is anticipated to fuel market expansion.
In both its raw and processed forms, okara has been employed for numerous years in the production of food for human consumption, mostly in China and Japan. To boost the amount of fiber and protein in food, okara can be used in place of some of the ingredients like wheat flour, soy flour, and other ingredients used in food production. Okara is a useful substrate for microbial fermentation since it has a wealth of carbohydrates, proteins, and other nutrients. The use of okara in a variety of culinary products, including beverages, bread, cakes, biscuits, sausages, pancakes, candies, and nutritional flour, is expected to create profitable growth potential for the industry. Okara is frequently used as a dietary supplement to avoid a variety of illnesses, including obesity, diabetes prevention, and hyperlipidemia. Moreover, it aids in promoting the development of xenometabolites and other microbe-derived metabolites as well as the expansion of gut microorganisms. Thus, during the forecast period, increasing okara use as a dietary supplement would generate lucrative market expansion prospects.
Market Restraints
Some people may be harmed by eating too much okara. Okara intake is linked to gastrointestinal issues since it includes fructans, a type of carbohydrate. With pre-existing gastrointestinal disorders, fructans can produce cramping, diarrhea, gas, and bloating. As a result, increased okara consumption is likely to stifle market growth. One of the key factors anticipated to restrain the growth of the okara market during the forecast period is the simple availability of okara substitutes, such as 1/2 cup of mashed cooked beans or tofu.
Market Segmentation
Global Okara Market is segmented into Usage, Nutritional Source, By-Product, Application, and Distribution Channel. By Usages such as Bread, Steamed Bread, Noodles, and Others. By Nutritional sources such as Protein, Fat, Calcium, Minerals Dietary Fiber. By-Product such as Tofu, Soy Milk. By Applications such as Hotels, Restaurants and Catering, Food Processing, Household Others. By Distribution Channels such as Store-Based, Non-Store-Based.
Regional Analysis
Global Okara Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. With the increasing use of okara in the manufacture of food for human consumption in this region, Asia-Pacific dominates the okara market in terms of revenue and market share. The market expansion in this region will also be aided by China and Japan's growing use of animal feeding. With increasing consumer demand for vegan food products in this area, North America is anticipated to see the quickest growth during the projected period.
Key Players
This report includes a list of numerous Key Players, namely Vitasoy International Holdings Ltd (China), House Foods Group Inc. (Japan), Morinaga Nutritional Foods, Inc. (Japan), Pulmuone Corporate (South Korea), Midas Soy Nutritions (India), Schouten (Netherlands), Innpac India Pvt. Ltd. (India), INVIGORATE FOODS (India), STAR SOYA FOOD (India).
Market Taxonomy
By Usage
• Bread
• Steamed Bread
• Noodles
• Others
By Nutritional Sources
• Protein
• Fat
• Calcium
• Minerals Dietary Fiber
By By-Product
• Tofu
• Soy Milk
By Application
• Hotels
• Restaurants and Catering
• Food Processing
• Household
• Others
By Distribution Channel
• Store-Based
• Non-Store-Based
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Okara Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Okara Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Okara Market, By Usage
5.1 Y-o-Y Growth Comparison, By Usage
5.2 Global Okara Market Share Analysis, By Usage
5.3 Global Okara Market Size and Forecast, By Usage
5.3.1 Bread
5.3.2 Steamed Bread
5.3.3 Noodles
5.3.4 Others
6 Global Okara Market, By Nutritional Sources
6.1 Y-o-Y Growth Comparison, By Nutritional Sources
6.2 Global Okara Market Share Analysis, By Nutritional Sources
6.3 Global Okara Market Size and Forecast, By Nutritional Sources
6.3.1 Protein
6.3.2 Fat
6.3.3 Calcium
6.3.4 Minerals Dietary Fiber
7 Global Okara Market, By By-Product
7.1 Y-o-Y Growth Comparison, By By-Product
7.2 Global Okara Market Share Analysis, By By-Product
7.3 Global Okara Market Size and Forecast, By By-Product
7.3.1 Tofu
7.3.2 Soy Milk
8 Global Okara Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Okara Market Share Analysis, By Distribution Channel
8.3 Global Okara Market Size and Forecast, By Distribution Channel
8.3.1 Store-Based
8.3.2 Non-Store-Based
9 Global Okara Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Okara Market Share Analysis, By Application
9.3 Global Okara Market Size and Forecast, By Application
9.3.1 Hotels
9.3.2 Restaurants and Catering
9.3.3 Food Processing
9.3.4 Household
9.3.5 Others
10 Global Okara Market, By Region
10.1 Global Okara Market Share Analysis, By Region
10.2 Global Okara Market Share Analysis, By Region
10.3 Global Okara Market Size and Forecast, By Region
11 North America Okara Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 North America Okara Market Share Analysis, By Usage
11.3 North America Okara Market Size and Forecast, By Nutritional Sources
11.4 North America Okara Market Size and Forecast, By By-Product
11.5 North America Okara Market Size and Forecast, By Distribution Channel
11.6 North America Okara Market Size and Forecast, By Application
11.7 North America Okara Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe Okara Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Okara Market Share Analysis, By Usage
12.3 Europe Okara Market Size and Forecast, By Nutritional Sources
12.4 Europe Okara Market Size and Forecast, By By-Product
12.5 Europe Okara Market Size and Forecast, By Distribution Channel
12.6 Europe Okara Market Size and Forecast, By Application
12.7 Europe Okara Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
11.7.3 UK
11.7.4 Rest of Europe
13 Asia Pacific Okara Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia Pacific Okara Market Share Analysis, By Usage
13.3 Asia Pacific Okara Market Size and Forecast, By Nutritional Sources
13.4 Asia Pacific Okara Market Size and Forecast, By By-Product
13.5 Asia Pacific Okara Market Size and Forecast, By Distribution Channel
13.6 Asia Pacific Okara Market Size and Forecast, By Application
13.7 Asia Pacific Okara Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
14 Latin America Okara Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Okara Market Share Analysis, By Usage
14.3 Latin America Okara Market Size and Forecast, By Nutritional Sources
14.4 Latin America Okara Market Size and Forecast, By By-Product
14.5 Latin America Okara Market Size and Forecast, By Distribution Channel
14.6 Latin America Okara Market Size and Forecast, By Application
14.7 Latin America Okara Market Size and Forecast, Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East Okara Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Okara Market Share Analysis, By Usage
15.3 Middle East Okara Market Size and Forecast, By Nutritional Sources
15.4 Middle East Okara Market Size and Forecast, By By-Product
15.5 Middle East Okara Market Size and Forecast, By Distribution Channel
15.6 Middle East Okara Market Size and Forecast, By Application
15.7 Middle East Okara Market Size and Forecast, By Country
15.7.1 Saudi Arabia
15.7.2 UAE
15.7.3 Egypt
15.7.4 Kuwait
15.7.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Vitasoy International Holdings Ltd (China)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 House Foods Group Inc. (Japan)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Morinaga Nutritional Foods, Inc. (Japan)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Pulmuone Corporate (South Korea)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Midas Soy Nutritions (India)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Schouten (Netherlands)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Innpac India Pvt. Ltd. (India)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 INVIGORATE FOODS (India)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 STAR SOYA FOOD (India)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
