Press release
Top Factor Driving Soybean Derivatives Market Growth in 2025: Soybean Derivatives Market Driven By Surging Demand Among The Growing Vegan Population
Soybean Derivatives Market Size
The rise in the number of vegans is predicted to fuel the expansion of the soybean derivatives market. The vegan community comprises of individuals who consume vegan products. Soybeans are an excellent source of protein, offering equivalent nutritional benefits to non-vegetarian food. As a result, vegans favor soybean products to glean these nutritional advantages. For example, Finder, a US-based personal finance comparison website, reported in April 2024 that around 2.5 million people in the UK are vegan, accounting for 4.7% of the population. This is a considerable increase from the 1.4 million vegans (2.5%) reported in 2023, representing a growth of 1.1 million UK vegans over a single year. Consequently, the surging vegan population propels the soybean derivatives market.
https://www.thebusinessresearchcompany.com/report/soybean-derivatives-global-market-report
What is the projected compound annual growth rate (CAGR) of the soybean derivatives market from 2025 to 2034, and what factors influence it?
The dimension of the soybean derivatives market has seen robust growth recently. The market will expand from $300.12 billion in 2024 to $324.08 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. The growth during the historical period can be credited to the expansion in agribusiness, increased protein requirements, heightened health consciousness, applications in the food industry, governmental support, and the demand for soybean oil.
Anticipations are high for robust expansion in the soybean derivatives market in the coming years, with projections for it to escalate to $455.81 billion by 2029, showcasing a compound annual growth rate (CAGR) of 8.9%. The predicted growth during this forecast period can be ascribed to factors including the rise of clean label products, the burgeoning plant-based meat sector, alternative applications in non-food industries, global commerce, burgeoning populations, and economic progression. Key trends expected during this period encompass innovation in product creation, the utilization of soy lecithin in food processing, biofuel manufacturing, investment in research, and the promotion of sustainable farming practices.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9124&type=smp
How are the latest trends influencing the growth of the soybean derivatives market?
One of the emerging trends in the soybean derivatives market is the introduction of new products. To maintain their status within the market, key companies in the industry are launching innovative items. For example, in November 2022, Marico, a business based in India that specializes in plant-based foods, introduced Saffola Soya Bhurji. This innovative mixture of soya is a first in the market of ready-to-cook foods, boasting high protein and zero oil, thus expanding Marico's plant-based food range.
What are the major segments of the soybean derivatives market and their role in driving growth?
The soybean derivatives market covered in this report is segmented -
1) By Type: Soy Oil, Soy Milk, Soy Meal, Other Types
2) By Lecithin: Water, Acid, Enzyme
3) By Sales Channel: Departmental Stores, Super markets, Online Retail, Other Channels
4) By Application: Food And Beverages, Feed Industry, Others (Soy-Based Wood Adhesives, Soy Ink, Soy Crayons, Soy-Based Lubricants And Many More)
Subsegments:
1) By Soy Oil: Refined Soy Oil, Crude Soy Oil, Soybean Lecithin
2) By Soy Milk: Sweetened Soy Milk, Unsweetened Soy Milk, Flavored Soy Milk
3) By Soy Meal: Dehulled Soy Meal, Roasted Soy Meal, Soy Protein Isolate
4) By Other Types: Soy Flour, Soy Protein Concentrate, Tofu, Tempeh
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9124
Which regions are key players in the growth of the soybean derivatives market?
North America was the largest region in the soybean derivatives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the soybean derivatives market during the forecast period. The regions covered in the soybean derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the soybean derivatives market?
Major companies operating in the soybean derivatives market include Bunge Ltd, Archer Daniels Midland and Company, Louis Dreyfus Commodities B.V., Cargill Incorporated, Wilmar International Limited, AG Processing Inc., Cenex Harvest States Inc., DuPont Nutrition and Health, Ruchi Soya Industries Limited, Gavyadhar Organic Private Limited, Terra Firma Organic Private Limited, Ingredion Incorporated, Solbar Industries Ltd., SunOpta Inc., Scoular Company, Ceres Global Ag Corp, American Natural Processors Inc., Iowa Soybean Processors (ISP), Batory Foods, Fuerst Day Lawson Holdings Limited, Fuji Vegetable Oil Inc., Sojaprotein, Arizona Grain Inc., Jiangsu Hongda New Material Co. Ltd., Cosucra, Vippy Industries Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9124&type=smp
What Is Covered In The Soybean Derivatives Global Market Report?
• Market Size Forecast: Examine the soybean derivatives market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the soybean derivatives market for a structured understanding.
• Key Players Overview: Analyze major players in the soybean derivatives market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the soybean derivatives market.
• Segment Contributions: Evaluate how different segments drive overall growth in the soybean derivatives market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the soybean derivatives market.
• Industry Challenges: Identify potential risks and obstacles affecting the soybean derivatives market.
• Competitive Landscape: Review strategic developments in the soybean derivatives market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Factor Driving Soybean Derivatives Market Growth in 2025: Soybean Derivatives Market Driven By Surging Demand Among The Growing Vegan Population here
News-ID: 3892553 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Soy
Soy Food Products Market Players Gaining Attractive Investments| Northern Soy, N …
Advance Market Analytics published a new research publication on "Soy Food Products Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Soy Food Products market was mainly driven by the increasing R&D spending across the world. Some of the key…
Soy Protein Ingredients Market by Type (Soy Protein Concentrates, Soy Protein Is …
The global soy protein ingredients market is estimated to be valued at USD 7.7 billion in 2022. It is projected to reach USD 10.8 billion by 2027, recording a CAGR of 7.0% during the forecast period.
Soy protein ingredients are produced by processing soymeal to obtain ingredients with higher protein concentrations, which can be used as a protein source in a range of food and animal feed applications. The demand…
Soy Food Products Market to See Huge Growth by 2027 |ADM,Cargill,DuPont,Northern …
Worldwide Market Reports is one of the leading organizations, specializing in conducting high-end research by understanding the market strategies, key players, major trends, and several other aspects of the industry. The recently developed report on "Global Soy Food Products Market Outlook 2020-2027" focuses on business developments, collaborative strategies, and answers all questions related to the key affiliations.
Market Overview -
The Soy Food Products market report provides a detailed analysis of global…
Global Soy Sauce Market 2018 - Bluegrass Soy Sauce, Okonomi, Maggi
Accord Market, recently published a detailed market research study focused on the “Soy Sauce Market” across the global, regional and country level. The report provides 360° analysis of “Soy Sauce Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Soy Sauce on the…
2017-2022 Soy Milk Report on Global and United States Market - Silk, West Soy
This report studies the Soy Milk market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Soy Milk market by product type and applications/end industries.
The global Soy Milk market is valued at XX million USD in 2016 and is expected to reach XX million USD by…
Soy & Milk Protein Ingredients Market Driven by Numerous Health Benefits of Soy …
Global Soy and Milk Protein Ingredients Market: Brief Account
The worldwide soy and milk protein ingredients market is envisaged to invite radical growth prospects on the back of the snowballing awareness about several health benefits. Apart from an estimated 38.0% protein content, soy contains all the nine essential amino acids in just the right proportion that is ideal for human health. Vendors could look to extend their presence in the…
