Soya chunks are Textured Vegetable Protein (TVP) or Textured Soy Protein (TSP). Extraction of beans gives soybean oil. The residue or the by-product that is left behind is called soy flour. Incidentally, this flour led to the formation of soya chunks. Since all the oil is removed, the flour is defatted. So, soya chunks are ideally fat-free. The protein in soya chunks is on par with real meat. Moreover, they are low in fat and are pocket friendly.