Here is a Detailed Project Report on the Soya Protein (Spray-Dried Powder from Soya Powder), its process, market position, demands, investment opportunity and project financials. It comprises a comprehensive analysis of the industry. The report also includes plant capacity, requirement of land and building, raw material detail with supplier list, plant & machinery, flow sheet diagram, total Capital investment along with detailed calculation on rate of return, break-even analysis and profitability analysis.
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What is Soya Protein?
Protein from Soybean is extracted through dehulling and defatting the beans. These defatted and dehulled beans are processed into three protein filled commercial products: The soy flour, concentrate and isolates. Soya Protein is used in various food items. It is used in Salad as dressing, it is used in soups. Vegans use it as a meat and cheese, dairy products replacement. It is also turned into beverage powders. Soya Beans have the highest amount of protein compared to other meat alternatives or veggies. And that’s why it is so much in demand in the vegan community.
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Soybean contains Glycinin and Conglycinin, these two make up 80% of the total protein content. Aside from food, Soya Protein or more specifically, the defatted soybean flour glue which is 50% is also used as the replacement for casein glue. It is also used in adhesives, asphalt, cosmetics, cleaning materials, inks, paints, pleather, paper paint, plastic, pesticides, fungicides, textile fiber, and polyester.
How is Soybean Protein made?
Now, the Soybean Protein is made from isolates extracted from Soybean Flours that are defatted in high solubility in water in accordance with the NSI or Nitrogen Solubility Index. This is done to separate the whey from the protein curds. Once these Protein curds are separated from the whey, they are neutralized with alkali. This makes Sodium Proteinate Salt. Protein is made from shattering soy globulin protein and by leaching soluble carb, soy whey, and salt from the defatted soy flour and then you get your Soybean Protein.
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Protein Products Derived From Soybean.
Now Protein derived from Soybean appears in three forms: Soy Flour, Soy Protein Concentrate, and Soy Protein Isolates.
➢ Soybean Flour.
Soybean Flour is made the same way as any other flour. It is made through grinding soybeans into a fine powder. It is available in three forms.
I. Whole Soybean Flour.
II. Full Fat Soybean Flour.
III. Defatted Soybean Flour.
Soybean Flour is used to make gluten free, dairy free, breads. And are used as a replacement for dairy bread.
➢ Soy Protein Concentrate.
➢ Soy Protein Concentrate is basically the Soybean Flour but without the water soluble carbohydrate, while retaining the most of the original fiber from the Soybean Protein. It has about 70% Protein. Soybean Protein Concentrates are mostly used in animal food, milk replacement for both human and animal babies and in non-food industries. And for anyone who hasn’t tried Soy milk, it’s a must try. It doesn’t taste anything like dairy milk, as you might have already guessed, but it is in my top three milks just below Camel Milk.
➢ Soy Protein Isolates.
Now this is the most purified and most refined form of Soy Protein. Soy Protein Isolates have about 90% protein in it, minimum. They are mostly used for meat alternatives, such as Tofu and beyond meat. The pure Soybean Protein Isolate is used mainly in the Food Industry.
So these are the three forms Soybean derived Protein is available in the market.
Watch Video: Production of Soy and Soya Based Food Products | Soybean Processing Industry
Soybean Protein Market Overview, Globally and Domestically.
The market of Soybean Protein in India is dominated by foreign players such as Archer Daniels Midland Company, Cargill Inc, International Flavours and Fragrance, CHS Inc, Now Foods, Farbest Brand, All based in the United States of America. And Singaporean Company like Wilmar International, Irish Company like Kerry Groups, French Company like Sotexpro, and Canadian Company like Burcon Nutrascience Corporation. But there seems to be no Indian Player in the market. While there are some Indian Players but they’re pretty insignificant and not quite big enough to compete with the big names mentioned above. They're an anonymous manufacturer and a very local brand. This opens a door for new players to get in the competition. Now because a very large amount of Soy protein products are imported to India from foreign land, it is expensive.
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In India Soybean Protein costs ₹600 Per Kilogram. An Indian player could mean low prices per kg. India produces about 118.889 lakh Soybean crops each year. India also has the lowest labour cost with highest numbers of labours. This means there's a great potential to produce Soybean Protein Products completely in India. India is a highly populated country. And most of our population can’t afford ₹600 Per Kilogram for Soybean Protein. An Indian Player could have a strong hold on this market. So to conclude, the Indian Market for Soy Protein Product has a huge potential and an opening for entrepreneurs to jump in the competitive race. Not only do we produce a great amount of Soybean crops, we also have a large amount of the labour population. The Machinery needed for defatting and dehulling is available in India. Soybean Protein could actually lead to a Completely Independent Made in India Company that can provide a cheap alternative to proteins derived from dairy products and animal products.
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