Sojaprotein

What Sojaprotein does

Sojaprotein DOO Bečej is a Serbian manufacturer of non-GMO soy protein ingredients, founded in 1977 and operating from a single production facility in Bečej, Serbia. The company produces a portfolio of soy protein ingredients including texturized proteins and isolates, sourcing the majority of its raw soy from farmers within 100 kilometers of the production facility through partnerships established over four decades. Sojaprotein's core products serve four primary B2B verticals: food manufacturers (meat alternatives, bakery, pasta, beverages), animal feed producers, and pharmaceutical companies, with the portfolio positioned as compliant with strict EU non-GMO regulations from raw material receipt to final product delivery.

In 2022, Sojaprotein was acquired by ADM (Archer Daniels Midland Company), a NYSE-listed global agricultural processor, combining Sojaprotein's European-origin non-GMO capabilities with ADM's 75+ years of consumer insights, culinary R&D expertise, and global distribution network. Together, the entities claim the position of largest manufacturer of high-quality soy ingredients of European origin in Europe. The company operates an enterprise field sales GTM motion targeting food, beverage, animal feed, and pharmaceutical formulators through direct sales engagement, with products distributed via ADM's global supply chain infrastructure.

The business model is B2B ingredient sales, with pricing handled through direct sales quotes based on volume, specifications, and contract terms. Revenue is not publicly disclosed as the company is consolidated within ADM's Human Nutrition segment financials. Customer segmentation is vertical (food & beverage as primary, animal feed and pharmaceutical as secondary), with no named customer logos disclosed. The company's competitive moat rests on EU non-GMO regulatory compliance, local sourcing proximity, scale economies as the largest European-origin soy ingredient producer, and capital and distribution backing from ADM.

Name

Sojaprotein

Legal name

Sojaprotein DOO Bečej

Website

https://sojaprotein.rs

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

251–500 employees

Short description

Sojaprotein is a Serbian non-GMO soy protein ingredient manufacturer, founded in 1977 and acquired by ADM in 2022, producing texturized proteins and isolates for food, beverage, animal feed, and pharmaceutical manufacturers across Europe.

Ownership category

akta.pro rank

Product category

Soy Protein Ingredients

NAICS

Food Manufacturing (311)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Plant Protein Ingredients (Soy, Pea, Wheat/Gluten, Rice, Oat, Potato) (AFAJAHAA)

akta.pro secondary industries

Plant-Based Protein Ingredient Producers (Isolates, Concentrates, Texturates) (AFANAKAB), Plant Protein Ingredients Manufacturing (Isolates, Concentrates, Flours) (AFAKAGAF)

Keywords

• Soy protein ingredients
• Non-GMO protein
• Texturized soy protein
• Plant-based proteins
• Food ingredients

Headquarters

HQ city

Becej

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Soy Protein Ingredients B2B Sales: Revenue generated from selling soy protein ingredients to food, beverage, animal feed, and pharmaceutical manufacturers. Products include texturized proteins and other soy-based functional ingredients sold directly to formulators and food producers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sojaprotein manufactures and distributes non-GMO soy protein ingredients sourced and produced entirely in Europe. The company produces textured soy proteins and soy protein isolates used as functional ingredients by food, beverage, animal feed, and pharmaceutical manufacturers. Its products support applications including meat alternatives, bakery, pasta, beverages, and meat extenders.

Product overview

Sojaprotein (operating as ADM-ov SojaProtein) is a platform of non-GMO soy protein ingredients acquired by ADM in 2022 to serve the European market for plant-based ingredients. The portfolio centers on textured soy proteins and soy protein ingredients for applications including meat alternatives, bakery, pasta products, beverages, and meat extenders. Sojaprotein has operated since 1977 and represents, together with ADM, the largest producer of high-quality European-origin soy protein ingredients in Europe. The offering integrates ADM's consumer insights, culinary R&D expertise, and technical knowledge to support partners in developing next-generation plant-based products.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Largest European manufacturer of high-quality soy ingredients of European origin

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• European FarmerscoreStrategic or Co-development Partner · 1 January 2022Long-term partnerships with farmers and growers established since 1977. Sojaprotein sources majority of its soy within 100 kilometers of its production facility through close collaboration and verification of implemented standards.
• ADM (Archer Daniels Midland)flagshipStrategic or Co-development PartnerADM acquired SojaProtein in 2022 to expand its European non-GMO plant-based ingredient portfolio. Together they form the largest manufacturer of high-quality soy ingredients of European origin in Europe.

Scale indicators5 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• ADM (Archer Daniels Midland): Sojaprotein's parent company since 2022, and simultaneously its closest peer: ADM is one of the world's largest agricultural processors and a leading global supplier of plant-based proteins (soy, pea, wheat). It operates a much wider portfolio but is the explicit joint 'largest' with Sojaprotein in European non-GMO soy protein ingredients.
• Cargill: Cargill is one of the largest global agricultural processors and a significant supplier of plant proteins, starches, and texturants to food manufacturers. It competes with Sojaprotein/ADM in plant protein supply but as part of a far broader portfolio across commodities, oils, and animal nutrition.
• Kerry Group: Kerry Group supplies taste, nutrition, and functional ingredients globally, including plant proteins and meat alternative systems. Direct overlap with Sojaprotein in supplying protein/texturant systems to European food and beverage manufacturers.
• Tate & Lyle: Tate & Lyle produces food and beverage ingredients including texturants, proteins, and stabilizers for global manufacturers. Operates a diversified ingredients portfolio but has a meaningful plant-protein overlap with Sojaprotein's customer base.

Direct peers

• Roquette: Roquette is a global leader in plant-based ingredients including pea protein isolates, texturized proteins, and soy-derived ingredients for food, nutrition, and pharma customers. Most direct functional comparable to Sojaprotein in supplying B2B protein ingredients to formulators across Europe.
• BENEO (Südzucker Group): BENEO produces functional plant-based food ingredients including protein from fava bean, wheat, and rice for human nutrition, beverage, bakery and animal nutrition applications. Overlapping customer base and product format (B2B protein ingredients) make it a direct comparable to Sojaprotein in the European ingredients market.
• Cosucra: Cosucra is a Belgian manufacturer of pea protein isolates, native pea starch, and chicory inulin for food and nutrition applications. Specializes in non-GMO plant protein ingredients for European B2B customers, comparable in scale and end-market to Sojaprotein.
• Axiom Foods: Axiom Foods supplies plant-based protein ingredients — including pea, rice, and oat proteins — as well as texturized proteins to global food and beverage manufacturers. Comparable B2B ingredients model and target customer base to Sojaprotein, though focused more on pea/oat than soy.

Emerging players

• Sotexpro: Sotexpro is a Spanish manufacturer specializing in textured vegetable proteins (TVP) for meat alternatives and food applications, with a focus on the European market. Comparable to Sojaprotein's texturized soy protein business but smaller and more narrowly focused.

Regional players

• Crown Soya (Soya International / Food Ingredient Technology Co.): Crown Soya is a Middle East/Africa-focused supplier of texturized soy protein and soy-based ingredients for foodservice and food manufacturing. Comparable product format (TVP/texturized soy protein) but primarily serves a different geographic market than the European-focused Sojaprotein.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sojaprotein

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sojaprotein