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Non-GMO Soybean Market Analysis By Top Players - Dairy Alternatives Market By Top Players - Laura Soybeans, Grain Millers, Inc., Sojaprotein, World Food Processing, LLC, SB&B, Zeeland Farm Services, Inc., Specialty Grains, Inc. and Primavera
Global Non-GMO Soybean Market AnalysisAccording to Verified Market Intelligence, the Global Non-GMO Soybean Market was valued at USD 67.69 million metric tons in 2017 and is projected to reach USD 126.06 million metric tons by 2025, growing at a CAGR of 8.10% from 2018 to 2025.
What is Non-GMO Soybean?
GMO is a genetically modified organism. It requires certain genetic engineering tools to alter the genetic material of organisms or crops to enhance the efficiency and yield product to increase the penetration of goods in the global market. The population is lately getting attracted towards organic farming and non GMO products. This gives scope for non-GMO soybean market to grow rapidly. Non-GMO soybean are used in making oils and are also produced in frozen form which can be used with other vegetables.
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Global Non-GMO Soybean Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The growing inclination of population towards organic farming and adoption of non GMO products has accelerated the global non-GMO soybean market. It has become a potential driver in uplifting the overall market growth rate. While growing adoption of GM Soybean might act as a restraint for overall market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Non-GMO Soybean Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Non-GMO Soybean Market Competitive Landscape
The “Global Non-GMO Soybean Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Laura Soybeans, Grain Millers, Inc., Sojaprotein, World Food Processing, LLC, SB&B, Zeeland Farm Services, Inc., Specialty Grains, Inc. and Primavera. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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Global Non-GMO Soybean Market Segmentation, by Product
On the basis of product, Global Non-GMO Soybean market is segmented into:
Crushed Soybeans
Whole Beans
Crushed Soybeans held the largest share in this segment in 2017. They are also expected to grow at the highest CAGR over the forecast period.
Global Non-GMO Soybean Market Segmentation, by Application
On the basis of application, Global Non-GMO Soybean market is classified into:
Soybean Oil
Soybean Meal
Food for human consumption
Others
Application of Non-GMO soybean in soybean oil dominated the market in 2017. This trend is expected to continue due to rapid growth in the demand for compound feed over the forecast period.
Global Non-GMO Soybean Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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Non-GMO Soybean Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Non-GMO Soybean Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
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