Global Soybean Derivatives Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Soybean Derivatives Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Soy Oil, Soy Milk, Soy meal, and Other Types), Application (Food and Beverages, (Bakery, Breakfast cereals, Pastas and Noodles, Meat and Meat Products, Beverages, and Other Food and Beverages), Feed, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Soybean Derivatives Market was valued at USD 324,827.1 million in 2023 and is expected to reach USD 583,647.2 million by 2031 while growing at a CAGR of 7.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global soybean derivatives market growth. Derived from versatile soybeans, known for high protein and oil content, soybean derivatives find applications in diverse industries such as food, agriculture, animal feed, and industrial processes.
Increasing demand for plant-based proteins and rising awareness of sustainable agriculture drive the growth of the soybean derivatives market. However, obstacles like weather-related challenges, crop risks, and concerns about genetically modified organisms (GMO) may hinder market expansion.
Furthermore, the global soybean derivatives industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Soybean Derivatives Market is segmented among Soy Oil, Soy Milk, Soy meal, and Other Types, based on Type. In 2023, Soy meal accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Soybean Derivatives Market is segmented among Food and Beverages, Feed, and Other Applications, based on Application. In 2023, Feed accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Soybean Derivatives Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill Incorporated, Archer Daniels Midland Company, CHS Inc., Bunge Limited, Wilmar International Ltd, Louis Dreyfus Company BV, Ag Processing Inc., Noble Group Ltd, DuPont Nutrition and Health, and Fuji Oil Holdings Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Soybean Derivatives Market Dynamics
Drivers
Restraints
Opportunity
4. Global Soybean Derivatives Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Soybean Derivatives Market Segmentation, By Type
Global Soybean Derivatives Market Share Analysis, By Type
Global Soybean Derivatives Market Growth Analysis, By Type
Global Soybean Derivatives Market Trends, By Type
o Soy Oil
o Soy Milk
o Soy meal
o Other Types
6. Global Soybean Derivatives Market Segmentation, By Application
Global Soybean Derivatives Market Share Analysis, By Application
Global Soybean Derivatives Market Growth Analysis, By Application
Global Soybean Derivatives Market Trends, By Application
o Food and Beverages
Ø Bakery
Ø Breakfast cereals
Ø Pastas and Noodles
Ø Meat and Meat Products
Ø Beverages
Ø Other Food and Beverages
o Feed
o Other Applications
7. Global Soybean Derivatives Market Segmentation, By Region
Global Soybean Derivatives Market Share Analysis, By Region
Global Soybean Derivatives Market Growth Analysis, By Region
Global Soybean Derivatives Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Cargill Incorporated*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Archer Daniels Midland Company
CHS Inc.
Bunge Limited
Wilmar International Ltd
Louis Dreyfus Company BV
Ag Processing Inc.
Noble Group Ltd
DuPont Nutrition and Health
Fuji Oil Holdings Inc
*Similar analysis will be provided for each company listed above.