Market Research Report
Global Soybean Derivatives Market Size study, by Type (Soybean, Soy Meal, Soy Oil, Others), by Processing (Water, Acid, Enzyme, Others), by Application (Feed, Food, Other Industrial Applications), and Regional Forecasts 2021-2027
|Global Soybean Derivatives Market Size study, by Type (Soybean, Soy Meal, Soy Oil, Others), by Processing (Water, Acid, Enzyme, Others), by Application (Feed, Food, Other Industrial Applications), and Regional Forecasts 2021-2027|
Published: May 25, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Soybean Derivatives Market is valued approximately at USD 201.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.79% over the forecast period 2021-2027. Soybeans are a type of legume largely produced in East Asia, widely grown for their edible grains. They contain large amounts of protein, vitamins, minerals and phytic acid. Soybeans and its derivatives have a number of end-uses in the food and beverage industry such as vegetable oil, packaged meals, animal nutrition, etc. Rapid growth in food and beverage industry coupled with increased consumption of protein is driving the market growth. According to Statista, the worldwide consumption of protein in 2020 was over 342 million metric tons, in which, soybean was one of the major protein meals. Growing demand for animal protein products and overall growth in animal feed industry is also expected to fuel the market growth. Also, development of new soy derivatives will open up new opportunities for the market. However, low shelf life of soybean and health concerns related to excessive consumption of soybean derivatives may impede the market growth over the forecast period.
The regional analysis of the global soybean derivatives market includes key regions such as Asia Pacific, Europe, North America, Latin America, and Rest of the World. Asia Pacific dominates the market in terms of market share due to growing demand and adoption of soybean products in the region. However, North America is estimated to exhibit the highest CAGR over the forecast period due to rising demand from the food and beverage industry and abundance of soy crops in the region.
Major market player included in this report are:
Louis Dreyfus Commodities B.V.
Wilmar International Limited
Ruchi Soya Industries Limited
Noble Group Ltd.
Archer Daniels Midland and Company
DuPont Nutrition Limited
AG Processing Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Other Industrial Application
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Soybean Derivatives Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
a. Market Snapshot
b. Market Snapshot
List of figures