Global Soybean Derivatives Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 251.10 Billion |
Market Size (Forecast Year) |
USD 338.39 Billion |
CAGR |
|
Major Markets Players |
Global Soybean Derivatives Market Segmentation, By Type (Soybean, Soy Meal, Soy Oil, Others), Application (Feed, Food, Other Industrial Applications), Processing (Water, Acid, Enzyme, Others) - Industry Trends and Forecast to 2031.
Soybean Derivatives Market Size
Global soybean derivatives market size was valued at USD 251.10 billion in 2023 and is projected to reach USD 338.39 billion by 2031, with a CAGR of 3.80% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Soybean Derivatives Key Market Insights |
Segmentation |
By Type: Soybean, Soy Meal, Soy Oil, Others By Application: Feed, Food, Other Industrial Applications By Processing: Water, Acid, Enzyme, Others |
Countries Covered |
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Key Market Players |
Bunge Limited, ADM, Louis Dreyfus Commodities B.V., Cargill, Incorporated., Adani Group, CHS Inc., Ag Processing Inc, Ruchi Soya Industries Ltd., DuPont, Kishanexports, Sundex Process Engineers Private Limited., Gujarat Ambuja Exports Limited. |
Soybean Derivatives Market Dynamics
Increasing need of animal feed consumption and launch of new soy derivatives in the market are the factor for the soybean derivatives market in the forecast period of 2024- 2031. Rising consumption of protein along with easy availability of cheap source of high quality protein, rising number of preferences of processed food, surging levels of investment for the expansion of oilseed crushing ability will likely to enhance the growth of the soybean derivatives market in the forecast period of 2024-2031. On the other hand, rising demand of lecithin along with increasing applications of soy food in developing economies will further boost various opportunities that will lead to the growth of the soybean derivatives market in the above mentioned forecast period.
Lecithin allergy due to the consumption of soy derivatives along with regulations related to genetically modified soybeans will likely to hamper the growth of the soybean derivatives market in the above mentioned forecast period.
This soybean derivatives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on soybean derivatives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Soybean Derivatives Market Scope
Soybean derivatives market is segmented on the basis of type, application and processing. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Soybean
- Soy Meal
- Soy Oil
- Others
Application
- Poultry Feed
- Swine Feed
- Ruminants
- Aquafeed
Processing
- Water
- Acid
- Enzyme
- Others
Soybean Derivatives Market Regional Analysis
Soybean derivatives market is analyses and market size, volume information is provided by country by type, application and processing as referenced above.
The countries covered in the soybean derivatives market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the soybean derivatives market because of growing consumption of soy products in India and China along with prevalence of manufacturers while North America is expected to growing in the forecast period of 2024-2031 due to rising demand of soybean products
The country section of the soybean derivatives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Soybean Derivatives Market Share
Soybean derivatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to soybean derivatives market.
Soybean Derivatives Market Leaders Operating in the Market Are:
- Bunge Limited
- ADM
- Louis Dreyfus Commodities B.V.
- Cargill, Incorporated.
- Adani Group, CHS Inc.
- Ag Processing Inc
- Ruchi Soya Industries Ltd.
- DuPont
- Kishanexports
- Sundex Process Engineers Private Limited.
- Gujarat Ambuja Exports Limited.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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