Title: Soybean Market - Forecast(2023 - 2028)
1Soybean MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- The Soybean Market size is estimated to reach
259 billion by 2030, growing at a CAGR of 4.4
during the forecast period 2023-2030. Soybeans
are edible high-protein plant food and are used
to make flour, oil other food products.
Health-conscious consumers are widely opting for
low-cholesterol Soybean meals and low-fat food
substitutes due to their wide variety of health
benefits, the growing livestock market and
awareness about the benefits of protein-enriched
diets among economies. These are the key Soybean
Market trends.
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- Key Takeaways
- Geographically, Asia-Pacific (Soybean Market)
held the largest share with 41 of the overall
market in 2022 and it is poised to dominate the
market over the period 2023-2030. This is owing
to the increasing demand for low-cholesterol,
low-fat and protein-rich produce for animals
humans among health-conscious consumers. - .
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By Distribution Channel- Segment
Analysis Soybeans have an abundance of protein,
amino acid and fibre content with a complete
absence of cholesterol. It also has several
health benefits like reducing the risk of heart
failure and others. Globally, out of all the
soybeans processed, 80 are processed for soybean
oil. As per a recent study by IndustryARC, in
2021 China was the leading country in soybean oil
consumption with about 18.5 million metric tons
consumed. The U.S. held the second position with
about 11.3 million metric tons of soybean oil
consumed, which significantly contributed to the
overall Soybean Market growth.
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- Soybean Market Industry OutlookÂ
- Kerry Group plc (Plant-based Food solution)
- Fuji Oil Group (Soy-based products/ingredients)
- House Foods Corporation (Non-GMO Tofu)
- Danone North America (Soy meal)
- DuPont de Nemours, Inc. (Soybean Products)
- CHS Inc. (Soybean Oil)
- Cargill, Inc (Soybean Oil)
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Soybean Market - Forecast(2021 - 2026) Learn
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.com/Report/18471/soybean-market-research-report-a
nalysis.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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