Soybean Meal Market Size, Share & Trends Analysis Report By Nature (Conventional, Organic), By End-use (Food & Beverages, Animal Feed, Industrial Use), By Region, And Segment Forecasts, 2024

The global soybean meal market size is expected to reach USD 162.91 billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The soybean meal market is witnessing substantial growth, propelled by various factors that have gained consumer interest. An important driver in this expansion is the escalating demand for plant-based proteins.

In an era of increased health and environmental awareness, soybean meal emerges as a valuable source of plant-based protein, attracting people looking for alternatives to traditional animal-derived protein sources. Furthermore, the growing recognition of the nutritional advantages linked to soy-based products, including their favorable effects on heart health and cholesterol levels, is fueling the upsurge in consumer enthusiasm. In addition to its protein content, soybean meal possesses a distinctive amino acid composition, making it a viable substitute for cereal proteins. Its utilization spans both the animal feed and human food industries.

The increasing demand for soybean meal can be attributed to several factors, including the health benefits associated with this protein-rich food and the rising populations of livestock, cattle, ruminants, and other animals that incorporate soybean meal into their diets. Another contributing factor is the constraints imposed on slaughterhouse byproducts, which, in turn, have amplified the demand for soybean meal. These factors, when considered together, point to continued growth in the soybean meal market shortly.

Additionally, the growth of the aquaculture industry plays a significant role in driving the market for soybean meal. Fish and shrimp farming require high-quality protein sources, and soybean meal provides an excellent alternative to fishmeal. With the expansion of aquaculture operations worldwide, the demand for soybean meal as a feed ingredient is expected to rise.

Moreover, government policies and regulations also influence the market for soybean meal. Subsidies and incentives provided to farmers for soybean cultivation can impact the supply and prices of soybean meal. Trade policies, import/export regulations, and geopolitical factors also play a role in shaping the market dynamics.

In May 2022, Food and Public Distribution and The Ministry of Consumer, in India approved the importation of an additional 550,000 metric tons of soybean meal, including GE derived, as a response to high prices. The imports are permitted until September 30, 2022, and are intended to support the poultry and livestock industry in India.

Soybean Meal Market Report Highlights:

The conventional soybean meal segment is more established and mature compared to organic segments, leading to a larger market share. Established practices and widespread adoption contributed to stability and dominance.
The food and beverages segment is anticipated to grow at the fastest CAGR from 2024 to 2030. The demand for soybean meal as a plant-based protein source is rising. Its high protein content makes it a popular choice, especially as more people adopt vegetarian or vegan diets.
The Asia Pacific region is anticipated to witness the fastest CAGR from 2024 to 2030. The growing population, increasing disposable income, and technological advancements in the production process, along with other factors, are further fueling the growth of the soybean meal market in the APAC region.

Product Code: GVR-4-68040-184-1

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Product Outlook
2.3. Claim Outlook
2.4. Packaging Outlook
2.5. Distribution Channel Outlook
2.6. Regional Outlook
2.7. Competition Outlook

Chapter 3. Soybean Meal Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing and Technology Outlook
- 3.2.3. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis - Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographics Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Key Observations & Findings

Chapter 5. Soybean Meal Market: Nature Estimates & Trend Analysis

5.1. Nature Movement Analysis & Market Share, 2023 & 2030
5.2. Conventional
- 5.2.1. Conventional market estimates and forecast, 2017 - 2030 (USD Billion)
5.3. Organic
- 5.3.1. Organic market estimates and forecast, 2017 - 2030 (USD Billion)

Chapter 6. Soybean Meal Market: End-use Estimates & Trend Analysis

6.1. End-use Movement Analysis & Market Share, 2023 & 2030
6.2. Food & Beverages
- 6.2.1. Soybean meal market estimates and forecast, by food & beverages, 2017 - 2030 (USD Billion)
6.3. Animal Feed
- 6.3.1. Soybean meal market estimates and forecast, by animal feed, 2017 - 2030 (USD Billion)
  - 6.3.1.1. Soybean meal market estimates and forecast, by poultry feed, 2017 - 2030 (USD Billion)
  - 6.3.1.2. Soybean meal market estimates and forecast, by swine feed, 2017 - 2030 (USD Billion)
  - 6.3.1.3. Soybean meal market estimates and forecast, by aquaculture feed, 2017 - 2030 (USD Billion)
  - 6.3.1.4. Soybean meal market estimates and forecast, by other animals feed, 2017 - 2030 (USD Billion)
6.4. Industrial Use
- 6.4.1. Soybean meal market estimates and forecast, by industrial use, 2017 - 2030 (USD Billion)

Chapter 7. Soybean Meal Market: Regional Estimates & Trend Analysis

7.1. Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
- 7.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.2.2. U.S.
  - 7.2.2.1. Key country dynamics
  - 7.2.2.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.2.3. Canada
  - 7.2.3.1. Key country dynamics
  - 7.2.3.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.2.4. Mexico
  - 7.2.4.1. Key country dynamics
  - 7.2.4.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3. Europe
- 7.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.3.2. Germany
  - 7.3.2.1. Key country dynamics
  - 7.3.2.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.3.3. UK
  - 7.3.3.1. Key country dynamics
  - 7.3.3.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.3.4. France
  - 7.3.4.1. Key country dynamics
  - 7.3.4.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.3.5. Italy
  - 7.3.5.1. Key country dynamics
  - 7.3.5.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.3.6. Spain
  - 7.3.6.1. Key country dynamics
  - 7.3.6.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.4.2. China
  - 7.4.2.1. Key country dynamics
  - 7.4.2.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.4.3. India
  - 7.4.3.1. Key country dynamics
  - 7.4.3.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.4.4. Japan
  - 7.4.4.1. Key country dynamics
  - 7.4.4.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.4.5. Indonesia
  - 7.4.5.1. Key country dynamics
  - 7.4.5.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.4.6. Vietnam
  - 7.4.6.1. Key country dynamics
  - 7.4.6.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.5. Central & South America
- 7.5.2. Brazil
  - 7.5.2.1. Key country dynamics
  - 7.5.2.2. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
- 7.6.2. South Africa
  - 7.6.2.1. Key country dynamics
  - 7.6.2.2. Market estimates and forecast, 2017 - 2030 (USD Billion)

Chapter 8. Competitive Analysis

8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Nature Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. List of key companies analyzed in this section include:
- 8.9.1. The Scoular Company
- 8.9.2. Kohinoor Feeds and Fats Pvt. Ltd.
- 8.9.3. AdamPolSoya
- 8.9.4. Louis Dreyfus Company B.V.
- 8.9.5. Perdue Farms
- 8.9.6. Agrocorp International Pte Ltd
- 8.9.7. Yihai Kerry Investments Co., Ltd.
- 8.9.8. Nordic Soya Ltd.
- 8.9.9. Irwing Soya
- 8.9.10. Wilmar International

Product Code: GVR-4-68040-184-1

List of Tables

Table 1 List of Abbreviation
Table 2 Global soybean meal market estimates and forecast, by nature, 2017 - 2030 (USD Billion)
Table 3 Global soybean meal market estimates and forecast, by end-use, 2017 - 2030 (USD Billion)
Table 4 North America soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 5 North America soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 6 U.S. soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 7 U.S. soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 8 Canada soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 9 Canada soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 10 Mexico soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 11 Mexico soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 12 Europe soybean meal market, by region, 2017 - 2030 (USD Billion)
Table 13 Europe soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 14 Europe soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 15 Germany soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 16 Germany soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 17 UK soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 18 UK soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 19 France soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 20 France soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 21 Italy soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 22 Italy soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 23 Spain soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 24 Spain soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 25 Asia Pacific soybean meal market, by region, 2017 - 2030 (USD Billion)
Table 26 Asia Pacific soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 27 Asia Pacific soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 28 China soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 29 China soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 30 India soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 31 India soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 32 Japan soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 33 Japan soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 34 Indonesia soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 35 Indonesia soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 36 Vietnam soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 37 Vietnam soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 38 Central & South America soybean meal market, by region, 2017 - 2030 (USD Billion)
Table 39 Central & South America soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 40 Central & South America soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 41 Brazil soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 42 Brazil soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 43 MEA soybean meal market, by region, 2017 - 2030 (USD Billion)
Table 44 MEA soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 45 MEA soybean meal market, by end-use, 2017 - 2030 (USD Billion)
Table 46 South Africa soybean meal market, by nature, 2017 - 2030 (USD Billion)
Table 47 South Africa soybean meal market, by end-use, 2017 - 2030 (USD Billion)

List of Figures

Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Primary research approaches
Fig. 4 Primary research process
Fig. 5 Market Snapshot
Fig. 6 Segment Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Soybean meal market size, 2017 to 2030 (USD Billion)
Fig. 10 Soybean meal market: Value chain analysis
Fig. 11 Soybean meal market: Profit-margin analysis
Fig. 12 Soybean meal market: Dynamics
Fig. 13 Soybean meal market: Porter's five forces analysis
Fig. 14 Factors affecting buying decisions for soybean meal
Fig. 15 Soybean meal market, by nature: Key takeaways
Fig. 16 Soybean meal market, by nature: Market share, 2023 & 2030
Fig. 17 Nature market estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 18 Conventional market estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 19 Organic market estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 20 Soybean meal market, by end-use: Key takeaways
Fig. 21 Soybean meal market, by end-use: Market share, 2023 & 2030
Fig. 22 Food & beverages estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 23 Animal feed market estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 24 Soybean meal market estimates and forecast, by poultry feed, 2017 - 2030 (USD Billion)
Fig. 25 Soybean meal market estimates and forecast, by swine feed, 2017 - 2030 (USD Billion)
Fig. 26 Soybean meal market estimates and forecast, by aquaculture feed, 2017 - 2030 (USD Billion)
Fig. 27 Soybean meal market estimates and forecast, by other animals feed, 2017 - 2030 (USD Billion)
Fig. 28 Industrial use market estimates and forecast, 2017 - 2030 (USD Billion)
Fig. 29 Soybean meal market revenue, by region, 2023 & 2030 (USD Billion)
Fig. 30 Regional marketplace: Key takeaways
Fig. 31 Regional marketplace: Key takeaways
Fig. 32 North America soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 33 U.S. soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 34 Canada soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 35 Mexico soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 36 Europe soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 37 UK soybean meal market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 38 Germany soybean meal market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 39 France soybean meal market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 40 Italy soybean meal market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 41 Spain soybean meal market estimates & forecasts, 2017 - 2030 (USD Billion)
Fig. 42 Asia Pacific soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 43 China soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 44 Japan soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 45 India soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 46 Indonesia soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 47 Vietnam soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 48 Central & South America soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 49 Brazil soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 50 Middle East & Africa soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 51 South Africa soybean meal market estimates & forecast, 2017 - 2030 (USD Billion)
Fig. 52 Key company categorization
Fig. 53 Company market share analysis, 2023

Soybean Meal Market Size, Share & Trends Analysis Report By Nature (Conventional, Organic), By End-use (Food & Beverages, Animal Feed, Industrial Use), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Soybean Meal Market Growth & Trends:

Soybean Meal Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Soybean Meal Variables, Trends & Scope

Chapter 4. Consumer Behavior Analysis

Chapter 5. Soybean Meal Market: Nature Estimates & Trend Analysis

Chapter 6. Soybean Meal Market: End-use Estimates & Trend Analysis

Chapter 7. Soybean Meal Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Analysis

List of Tables

List of Figures