Soybean By-products Market to Expand to US$ 72.8 Bn by 2032 - Persistence Market Research

The global soybean by-products market is witnessing an era of impressive expansion, driven by the surging demand for plant-based alternatives and sustainable food solutions. As a key component in industries ranging from food and beverages to animal feed and nutraceuticals, soybean by-products have carved a significant niche. In 2025, the global market is estimated to be valued at US$ 48.7 Bn, with projections indicating it will soar to US$ 72.8 Bn by 2032, growing at a CAGR of 5.9% during the forecast period.

Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/32789

The primary growth drivers include the growing preference for plant-based proteins, a rise in health-conscious consumer behavior, and the increasing adoption of soybean oil cakes in the animal feed industry. Among all segments, the animal feed industry holds the dominant share, contributing nearly 46.2% to total market value. Geographically, China leads in East Asia with over 72.3% share, largely due to its expansive animal feed production. In South Asia, India emerges as a fast-growing market due to its booming population and rising income levels, contributing significantly to market momentum.

Key Highlights from the Report

➤ The global soybean by-products market was valued at US$ 48.7 Bn in 2025 and is expected to reach US$ 72.8 Bn by 2032.
➤ The market is projected to grow at a CAGR of 5.9% between 2025 and 2032.
➤ Soybean oil cakes dominate the end-use segment with a ~46.2% market share due to their application in animal feed.
➤ China leads the East Asian market with a 72.3% share owing to its leadership in animal feed production.
➤ India's soybean by-products market is expected to account for a 43% share in South Asia by 2032.
➤ Soy lecithin is increasingly being used in food processing, driving growth in the emulsifier market segment.

Market Segmentation

Soybean by-products are segmented based on product type, nature, and end-use industries. Among product types, soybean oil, lecithin, and oilcakes dominate the market. Soybean oil, in particular, holds significant traction in food processing due to its health benefits and versatile culinary use. Oilcakes are highly popular in the animal feed sector because of their high protein content and amino acid profile, making them ideal for poultry, aquaculture, and cattle.

In terms of end-use, the market serves various sectors such as the food processing industry, animal feed industry, retail/household use, and foodservice outlets. The animal feed industry leads, accounting for the largest share of demand, followed by the food processing sector where soy-based ingredients like soy milk, meat alternatives, and lecithin are widely used. From a nature-based perspective, both organic and conventional categories are seeing robust demand, with organic products gaining steady traction due to growing consumer awareness.

Regional Insights

East Asia, particularly China, holds a commanding presence in the soybean by-products market due to its vast animal feed production capacity and rising consumption in food processing. With a 72.3% market share, China is the regional frontrunner. Its dominance is supported by large-scale investments in agricultural innovations and livestock nutrition.

South Asia, led by India, is another key region with a 43% market share. Rapid urbanization, increasing consumer spending, and the integration of international food trends into local diets have stimulated market growth. Europe and North America follow closely, benefiting from high demand for plant-based diets and soybean-derived food additives like lecithin and textured soy protein.

Meanwhile, the Middle East & Africa and Latin America are emerging regions with growing industrial demand, albeit at a slower pace due to infrastructure limitations. However, increasing investments and awareness regarding plant-based nutrition are gradually opening new opportunities in these regions.

Market Drivers

One of the key drivers of the soybean by-products market is the rising consumer inclination toward plant-based diets. As awareness grows around the environmental and health impacts of animal-based diets, soy-based alternatives like tofu, soy milk, and meat substitutes are becoming staples in many households. Additionally, the expanding vegan population, driven by ethical and ecological concerns, further contributes to the demand surge.

Another significant driver is the versatility of soy lecithin, which finds applications in various sectors including bakery, confectionery, dietary supplements, infant formulas, and ready-to-eat meals. Lecithin functions as an emulsifier, antioxidant, and cholesterol controller, making it a highly demanded food additive.

Moreover, the health benefits of soybean consumption-such as its role in reducing cardiovascular risks, improving bone health, and alleviating menopausal symptoms-are catalyzing demand across demographic groups. Its high protein and low saturated fat content make it a valuable alternative to animal proteins.

Market Restraints

Despite its numerous benefits, the market faces a notable restraint in the form of competition from sunflower lecithin. Sunflower lecithin is gaining popularity due to its chemical-free extraction process, higher chlorine content, and lower estrogen levels, making it more suitable for individuals with hormonal sensitivity. Additionally, the health-conscious consumer base may prefer sunflower-derived alternatives to soy lecithin due to potential allergenicity and GMO concerns associated with soybeans.

Furthermore, price volatility in soybean supply, driven by changing agricultural conditions, trade tensions, and market fluctuations, can affect the pricing structure and profit margins for market players. These uncertainties may hinder long-term planning and investments.

Market Opportunities

The growing integration of soy-based ingredients into functional foods and nutraceuticals presents a promising opportunity. With increasing focus on preventive healthcare and dietary supplements, soy-derived products such as protein powders, health drinks, and fortified snacks are in rising demand. Companies launching innovative product formulations with soy as a core ingredient are well-positioned for growth.

Emerging economies present untapped potential due to evolving food habits and an increasing acceptance of international food trends. Strategic expansion into markets like Southeast Asia, Africa, and parts of Latin America can help brands capitalize on early-mover advantages.

Sustainability-driven product development is another area of opportunity. With the growing emphasis on eco-friendly production methods, companies investing in sustainable farming, organic soy, and clean-label products are likely to attract environmentally conscious consumers.

Frequently Asked Questions (FAQs)

◆ How Big is the Soybean By-products Market in 2025 and 2032?
◆ Who are the Key Players in the Global Soybean By-products Market?
◆ What is the Projected Growth Rate of the Soybean By-products Market?
◆ What is the Market Forecast for Soybean By-products through 2032?
◆ Which Region is Estimated to Dominate the Soybean By-products Industry through the Forecast Period?

Company Insights

The global soybean by-products market is a blend of multinational conglomerates, regional leaders, and local enterprises. Prominent players include:

• Archer Daniels Midland
• Cargill, Incorporated
• Adani Wilmar
• Ruchi Soya Industries Limited
• Bunge Limited
• Yee Lee Corporation Bhd
• Ragasa
• DuPont de Nemours, Inc.
• Ag Processing Inc
• Owensboro Grain Company
• CHS Inc.
• Gujarat Ambuja Exports Limited
• AAK Limited
• Adams Group
• Sonic Biochem
• Group Vandamme
• Amaggi
• Oleo-Fats, Incorporated
• GIIAVA
• Thai Vegetable Oil PCL

Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 25.92, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

This release was published on openPR.