The global demand for Soybean Meal Market is presumed to reach the market size of nearly USD 93.79 BN by 2030 from USD 63 BN in 2022 with a CAGR of 5.1% under the study period 2023 - 2030.
Soybean meal is a protein-rich byproduct obtained from the extraction of oil from soybeans. It is widely used as a valuable ingredient in animal feed, particularly for livestock, poultry, and aquaculture. Its production involves a process called solvent extraction, where soybeans are crushed, and the oil is extracted using solvents such as hexane. After the oil extraction, the remaining solid material (soybean meal) is further processed to remove any remaining solvent and obtain a dry, protein-rich product.
The primary driver for this market is the animal feed industry, where the demand for high-quality protein sources for livestock, poultry, and aquaculture fuels the market. The nutritional composition of soybean meal, with its high protein and balanced amino acid profile, makes it a preferred choice in animal feed formulations. The growth in global livestock and poultry production further drives the demand for soybean meal as it supports animal growth, feed efficiency, and overall health. Sustainability considerations also play a role, as this meal provides a renewable and environmentally friendly protein source, aligning with the demand for sustainable food production. Government regulations and industry standards regarding animal feed safety and quality influence the market, ensuring safe and high-quality feed ingredients are used. Global trade and export opportunities contribute to market growth, as countries rely on imports to meet their animal feed requirements. Economic factors, such as population growth and rising incomes, also influence the demand for soybean meal as consumer purchasing power increases, leading to higher demand for protein-rich foods.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of soybean meal. The growth and trends of soybean meal industry provide a holistic approach to this study.
This section of the soybean meal market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Nature
By Application
By Sales Channel
This section covers the regional outlook, which accentuates current and future demand for the Soybean Meal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Soybean Meal market include Shafer Commodities Inc., Mamta Hygiene Products Pvt Ltd, Nordic Soya Ltd., Mahesh Agro Food Industries, Gujarat Ambuja Exports Limited, Denofa AS, Mukwano Industries Uganda Ltd., CHS Inc., Kemin Industries, Inc., AdamPolSoya, Agrocorp International Pte Ltd, Wudi Deda Agriculture Co. Limited, Minnesota Soybean Processors., Louis Dreyfus Company B.V., Kohinoor Feeds and Fats Ltd., The Scoular Company, Bunge Limited, Gauri Agrotech Products Pvt. Ltd., DHN International, Granol Indstria Comrcio e Exportao S/A. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SOYBEAN MEAL – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Nature
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Sales Channel
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL SOYBEAN MEAL MARKET ANALYSIS BY NATURE
5.1 Overview by Nature
5.2 Historical and Forecast Data
5.3 Analysis by Nature
5.4 Organic Historic and Forecast Sales by Regions
5.5 Conventional Historic and Forecast Sales by Regions
6 . GLOBAL SOYBEAN MEAL MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Food Industry Historic and Forecast Sales by Regions
6.5 Animal Feed Industry Historic and Forecast Sales by Regions
6.6 Pharmaceutical Historic and Forecast Sales by Regions
7 . GLOBAL SOYBEAN MEAL MARKE ...