Global Soybean Market Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025


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Introduction: The soybean market has gradually grown and this has resulted in companies investing money on exploring and creating new and improved products to satisfy consumer demand for different food products. A study by Transparency Market Research estimates that the global soybean market will grow from US$ 146.23 billion in 2017 to US$ 215.746 billion by 2025 at a CAGR of 5.0 per cent over the period from 2017 to 2025. Because of the growing preference for natural and balanced food items among customers, demand for organic soybeans has seen a substantial growth over conventional soybeans recently. Over the next few years, the situation is expected to remain the same focusing positively on the organic soybean market. Protein, meat, butter, tofu, fibre, soy milk, and meal have emerged as this market's main products. The study states that the meal segment is projected to lead the global market over the forecast period with a demand share of 72.90 per cent. Geographical Overview: Geographically, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa are main segments in the global soybean industry. Due to its large population, developing economies where more and more people opt for healthy food, and growing awareness of the high protein content of soybean, Asia Pacific is expected to account for the leading share of demand in the years to come. The animal feed industry and nutraceutics are also fuelling growth in the region's economy. Latin America and North America will most likely lead Asia-Pacific. Asia Pacific and Latin America together are estimated to account for about 78.1 per cent. Segmental Overview: By Source Type – • Conventional • Organic By End Product Type – • Whole • Protein • Oil • Meal By End Use Type – • Food and Beverages • Personal Care • Dietary Supplements • Pharmaceuticals • Animal Feed Competitor Analysis: • Fuji Oil Group • E.I. du Pont de Nemours & Co. • House Foods Group Inc. • CHS Inc. • The Scoular Co. • Kerry Inc. • Cargill Inc. • The White Wave Foods Co. • Archer-Daniels-Midland Co. These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Soybean Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations