Soybean Processing Market Worth USD 125.30 billion, Globally, by 2028 at 7.50% CAGR | Key players: ADM, DuPont, Adani Group

The soybean processing market is expected to witness market growth at a rate of approximately 7.50% in the forecast period of 2021 to 2028 and is expected to reach USD 125.30 billion by 2028. Data Bridge Market Research report on soybean processing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The increase in demand for soybean products is escalating the growth of soybean processing market.

Soybean refers to a leguminous vegetable crop generally grown in tropical and subtropical climates and considered one of the most valuable crops in the world. It is an oilseed crop, feed for livestock, a good source of protein in the human diet and as a biofuel and aquaculture. It is known to possess 30% carbohydrates, 20% oil, 36% proteins and significant quantities of dietary fiber, minerals and vitamins.

Get a sample copy of the report:https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-soybean-processing-market

The affordability of the product when compared to other edible oils such as olive oil, canola oil, coconut oil and groundnut oil acts as one of the major factors driving the growth of soybean processing market. The increase in incorporation of soybean oil in food especially by consumer suffering from health-conditions such as obesity, high cholesterol and cardiovascular diseases and high popularity of the product in price sensitive markets, especially in developing nations accelerate the soybean processing market growth. The high usage of soybean in food sector for applications such as preparation of sauces, dressings, margarine, potato chips, non-dairy creamers, shortening, mayonnaise and whipped toppings further influence the soybean processing market. Additionally, increase in health-consciousness among population, growth in awareness regarding the health benefits of soybean, use in the manufacturing non-food products such as resins, caulks, mastics and plastics among others and wide availability positively affect the soybean processing market. Furthermore, the use of soybean oil as a sustainable replacement for petrochemicals known as carcinogens and shift from ready-to-eat (RTE) products to home cooked items extend profitable opportunities to the soybean processing market players in the forecast period of 2021 to 2028.   

Key Market Competitors Covered in the Report
ADM
DuPont
Adani Group
Kerry
FUJI OIL CO., LTD.
House Foods Group Inc.
Danone North America Public Benefit Corporation
CHS Inc.
Cargill, Incorporated
The Scoular Company
Bunge Limited
Louis Dreyfus Company
Wilmar International Ltd
Ag Processing Inc
BASF SE
DSM
KYOWA HAKKO U.S.A., INC.
Food Processing

Access Full Report:https://www.databridgemarketresearch.com/reports/global-soybean-processing-market

On the other hand, the issues with lecithin allergy due to the consumption of soy derivatives and regulations on genetically modified soybeans are the factors expected to obstruct the soybean processing market growth. The rise in concerns regarding soybean cultivation in the Amazon causing deforestation is projected to challenge the soybean processing market in the forecast period of 2021-2028.  

This soybean processing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on soybean processing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 

Soybean Processing Market Scope and Market Size

The soybean processing market is segmented on the basis of product and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, the soybean processing market is segmented into whole soybean, meal, oil and others. Whole soybean is further segmented into fermented soy food and non-fermented soy food. Fermented soy food is further sub-segmented into miso, tempeh, soy sauce, natto and others. Non fermented soy food is further sub-segmented into soy milk, tofu, soy sprouts, vegetable soybean and others. Meal is further segmented into soybean flour, soy fiber, protein concentrates and others. Oil is further segmented into soybean oil, lecithin and soy biodiesel.
On the basis of application, the soybean processing market is segmented into animal feed, aqua feed, biofuel, food and beverages, personal care, dietary supplements, pharmaceuticals, lubricants, coatings, paints, industrial solvents, adhesives and sealants, hydraulic fluids, building materials and others.

Global Soybean Processing Market Country Level Analysis

The soybean processing market is analyzed and market size, volume information is provided by country, product and application as referenced above.       

The countries covered in the global soybean processing market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the soybean processing market due to the high production, high usage in food and feed industry, rise in demand for biofuel where soybean oil is used as feedstock and growing demand for high-quality protein and nutritional properties in the region. Brazil and Argentina are expected to witness high growth during the forecast period of 2021 to 2028 because of the increase in production of soybean and rise in export from the region.

For more analysis on the soybean processing market request a briefing with our analysts@ https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-soybean-processing-market

Related Reports:

Global Epoxidized Soybean Oil Market - Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-epoxidized-soybean-oil-market
Global Soybean Oil-Based Lubricant Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/global-soybean-oil-based-lubricant-market
Global hemp fiber market https://www.databridgemarketresearch.com/reports/global-hemp-fiber-market
Global Smart Polymers Market https://www.databridgemarketresearch.com/reports/global-smart-polymers-market
Global Aquafeed Mycotoxin Binders & Modifiers Market https://www.databridgemarketresearch.com/reports/global-aquafeed-mycotoxin-binders-and-modifiers-market

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email - corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability levels and advanced approaches. We are committed to uncovering the best consumer prospects and fostering useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expanded its reach by opening a new office in the Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."

We provide a variety of services such as market verified industry reports, technology trend analysis, Formative market research, strategic consulting, vendor analysis, production and demand analysis, and consumer impact studies among many others.

This release was published on openPR.