The Global Soyabean Meal Market is expected to grow at a CAGR of 4.20% in the forecast period of 2021 to 2028 and is expected to reach the USD 156.48 billion by 2028. The upsurge in the number of farm animals and pet animals will enhance the market growth rate.
Moreover, the rise in the utilization in healthcare products and protein drinks will boost the beneficial opportunities for the growth of soyabean meal market.
Soyabean Meal Market Scenario
According to Data Bridge Market Research the market for soyabean meal is expected to gain growth because of the rising demand for protein-enriched food for both humans and animals. Also, growing awareness about the health benefits associated with use of soyabean meal will accelerate the growth of soyabean meal market over the forecast period of 2021 to 2028. While, variations in the prices of soyabean meal will hinder the growth of soyabean meal market in the above-mentioned forecast period.
Now the question is which are the other regions that soyabean meal market is targeting? Data Bridge Market Research has estimated Europe, the growing region of the market due to the growing usage of soyabean meal in wide range of products including health food, bakery products, cosmetics and in the manufacturing of antibiotics.
For more analysis on the soyabean meal market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-soyabean-meal-market
Soyabean Meal Market Scope
Soyabean meal market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
- All country based analysis of soyabean meal market is further analyzed based on maximum granularity into further segmentation. Based on nature, the soyabean meal market has been segmented into organic and conventional. On the basis of form, the soyabean meal market has been segmented into oil, powder and granular. On the basis of process of automation, the soyabean meal market has been segmented into normal soybean meal, de-hulled [min 50% protein] hipro soybean meal, defatted soya flour toasted, de-hulled [min. 48% protein] hipro soybean meal, and de-fatted soya flakes toasted. On the basis of application, the soyabean meal market has been segmented into food industry, animal feed, health care product and beverage. The distribution channel segment of the soyabean meal market has been segmented into online stores, specialized stores, supermarket and retail stores.
- Soybean meal is a by-product of the soybean oil extraction process. It is a high-protein source used in human and livestock diets, as well as in a wide range of items such as animal feed, health foods, bread products, cosmetics, and antibiotic production. Soybean meal is a main source of animal feed that aids in the metabolic and immune processes necessary for livestock growth.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-soyabean-meal-market
Key Pointers Covered in the Soyabean Meal Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- ADM
- DuPont
- CHS Inc.
- The Scoular Company
- Kohinoor Feeds and Fats Ltd.
- Kerry
- Batory Foods
- Denofa AS
- Agrocorp
- MJI Universal Pte Ltd.
- Gauri Agrotech Products Pvt. Ltd.
- Agro Ind Group
- NOW Foods
- Wilmar International Ltd.
- Cargill, Incorporated
- Foodrich Soya Co. LTD.
- The Nisshin OilliO Group, Ltd.
- Mukwano Industries Uganda Ltd.
- Ghana Nuts Company Limited
- Food Chem International
Above are the key players covered in the report, to know about more and exhaustive list of soyabean meal companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-soyabean-meal-market
Research Methodology of Global Soyabean Meal Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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