Soybean Market Overview:
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.
Global bulk shipping of soybeans and increased R&D
activities to produce sustainable soybeans are set to drive the Soybean Market growth.
In 2022, Trading Economics stated that the United States, Brazil, Argentina and Paraguay are the biggest
producers and exporters of soybeans in the world, concentrating more than 80%
of total production and 90% of total exports. China is the biggest importer of
soybeans (60% of total imports) followed by the European Union, Mexico, Japan
and Taiwan. This represents the Soybean Industry Outlook.
Market Snapshot:
Soybean Market - Report Coverage:
The “Soybean Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Soybean Market.
COVID-19 / Ukraine Crisis - Impact Analysis:
The COVID-19 epidemic and global
lockdown procedures disrupted several economic activities. Additionally,
COVID-19 restricted people's ability to mobilize for employment, particularly
farmers. People's incomes and purchasing power have declined as a result. Food
insecurity and an increase in the number of undernourished people are the results
of rising food prices. The increased demand for soy products post-pandemic would cause the soybean industry to grow.
The conflict between Russia and
Ukraine resulted in significant losses of life and property. The agriculture industry
has been negatively impacted and the supply chain has been disturbed. The
commercial and agricultural sectors badly suffered from the war. As a result,
soy products and soybean oils saw a significant increase in prices worldwide.
With consumer demand at an all-time high and inadequate production & supply
infrastructure, there has recently been a serious crisis in the import and
export of soybean feed.
Key Takeaways:
Key Market Players:
Product/Service launches, approvals, patents and
events, acquisitions, partnerships and collaborations are key strategies
adopted by players in the Soybean Market. The top 10 companies in this industry are:
- 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)
- Scoular (Soymilk)
- Archer-Daniels-Midland Co. (Soybean Oils)
- Nordic Soya Oy (Soy protein concentrate)
Scope of Report:
Frequently Asked Questions:
i. What is the
growth rate of the Soybean Market during the forecast period?
The Soybean Market is estimated to grow
at a 4.4% CAGR during the forecast period 2023-2030.
ii. What is the predicted
growth of the Soybean Market size from 2022 to 2030?
The Soybean Market size is
estimated at $184 billion in 2022. It is projected to reach $259 billion by 2030.
Relevant Reports:
Soybean Oil Market - Industry Analysis, Market Size, Share, Trends,
Application Analysis, Growth and Forecast Analysis
Report Code: FBR 0192
Soy Food Market - Industry Analysis, Market Size, Share, Trends,
Application Analysis, Growth and Forecast Analysis
Report Code: FBR 0097
Soy Protein Market - Industry Analysis, Market Size, Share,
Trends, Application Analysis, Growth and Forecast Analysis
Report Code: FBR 0056
For more Agriculture Market reports, please click here
Table 1: Soybean Market Overview 2021-2026
Table 2: Soybean Market Leader Analysis 2018-2019 (US$)
Table 3: Soybean Market Product Analysis 2018-2019 (US$)
Table 4: Soybean Market End User Analysis 2018-2019 (US$)
Table 5: Soybean Market Patent Analysis 2013-2018* (US$)
Table 6: Soybean Market Financial Analysis 2018-2019 (US$)
Table 7: Soybean Market Driver Analysis 2018-2019 (US$)
Table 8: Soybean Market Challenges Analysis 2018-2019 (US$)
Table 9: Soybean Market Constraint Analysis 2018-2019 (US$)
Table 10: Soybean Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: Soybean Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: Soybean Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: Soybean Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: Soybean Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: Soybean Market Value Chain Analysis 2018-2019 (US$)
Table 16: Soybean Market Pricing Analysis 2021-2026 (US$)
Table 17: Soybean Market Opportunities Analysis 2021-2026 (US$)
Table 18: Soybean Market Product Life Cycle Analysis 2021-2026 (US$)
Table 19: Soybean Market Supplier Analysis 2018-2019 (US$)
Table 20: Soybean Market Distributor Analysis 2018-2019 (US$)
Table 21: Soybean Market Trend Analysis 2018-2019 (US$)
Table 22: Soybean Market Size 2018 (US$)
Table 23: Soybean Market Forecast Analysis 2021-2026 (US$)
Table 24: Soybean Market Sales Forecast Analysis 2021-2026 (Units)
Table 25: Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 26: Soybean Market By Import & Export Analysis, Revenue & Volume, By Import Analysis, 2021-2026 ($)
Table 27: Soybean Market By Import & Export Analysis, Revenue & Volume, By Export Analysis, 2021-2026 ($)
Table 28: Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 29: Soybean Market By Variety Type, Revenue & Volume, By Soybean Food Products, 2021-2026 ($)
Table 30: Soybean Market By Variety Type, Revenue & Volume, By Soy Meal, 2021-2026 ($)
Table 31: Soybean Market By Variety Type, Revenue & Volume, By Soybean Oils, 2021-2026 ($)
Table 32: Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 33: Soybean Market By Application, Revenue & Volume, By Food and Beverages, 2021-2026 ($)
Table 34: Soybean Market By Application, Revenue & Volume, By Animal Feed, 2021-2026 ($)
Table 35: Soybean Market By Application, Revenue & Volume, By Pharmaceutical, 2021-2026 ($)
Table 36: North America Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 37: North America Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 38: North America Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 39: South america Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 40: South america Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 41: South america Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 42: Europe Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 43: Europe Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 44: Europe Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 45: APAC Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 46: APAC Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 47: APAC Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 48: Middle East & Africa Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 49: Middle East & Africa Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 50: Middle East & Africa Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 51: Russia Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 52: Russia Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 53: Russia Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 54: Israel Soybean Market, Revenue & Volume, By Import & Export Analysis, 2021-2026 ($)
Table 55: Israel Soybean Market, Revenue & Volume, By Variety Type, 2021-2026 ($)
Table 56: Israel Soybean Market, Revenue & Volume, By Application, 2021-2026 ($)
Table 57: Top Companies 2018 (US$) Soybean Market, Revenue & Volume
Table 58: Product Launch 2018-2019 Soybean Market, Revenue & Volume
Table 59: Mergers & Acquistions 2018-2019 Soybean Market, Revenue & Volume
List of Figures:
Figure 1: Overview of Soybean Market 2021-2026
Figure 2: Market Share Analysis for Soybean Market 2018 (US$)
Figure 3: Product Comparison in Soybean Market 2018-2019 (US$)
Figure 4: End User Profile for Soybean Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in Soybean Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in Soybean Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in Soybean Market 2018-2019
Figure 8: Ecosystem Analysis in Soybean Market 2018
Figure 9: Average Selling Price in Soybean Market 2021-2026
Figure 10: Top Opportunites in Soybean Market 2018-2019
Figure 11: Market Life Cycle Analysis in Soybean Market
Figure 12: GlobalBy Import & Export Analysis Soybean Market Revenue, 2021-2026 ($)
Figure 13: GlobalBy Variety Type Soybean Market Revenue, 2021-2026 ($)
Figure 14: GlobalBy Application Soybean Market Revenue, 2021-2026 ($)
Figure 15: Global Soybean Market - By Geography
Figure 16: Global Soybean Market Value & Volume, By Geography, 2021-2026 ($)
Figure 17: Global Soybean Market CAGR, By Geography, 2021-2026 (%)
Figure 18: North America Soybean Market Value & Volume, 2021-2026 ($)
Figure 19: US Soybean Market Value & Volume, 2021-2026 ($)
Figure 20: US GDP and Population, 2018-2019 ($)
Figure 21: US GDP – Composition of 2018, By Sector of Origin
Figure 22: US Export and Import Value & Volume, 2018-2019 ($)
Figure 23: Canada Soybean Market Value & Volume, 2021-2026 ($)
Figure 24: Canada GDP and Population, 2018-2019 ($)
Figure 25: Canada GDP – Composition of 2018, By Sector of Origin
Figure 26: Canada Export and Import Value & Volume, 2018-2019 ($)
Figure 27: Mexico Soybean Market Value & Volume, 2021-2026 ($)
Figure 28: Mexico GDP and Population, 2018-2019 ($)
Figure 29: Mexico GDP – Composition of 2018, By Sector of Origin
Figure 30: Mexico Export and Import Value & Volume, 2018-2019 ($)
Figure 31: South America Soybean Market Value & Volume, 2021-2026 ($)
Figure 32: Brazil Soybean Market Value & Volume, 2021-2026 ($)
Figure 33: Brazil GDP and Population, 2018-2019 ($)
Figure 34: Brazil GDP – Composition of 2018, By Sector of Origin
Figure 35: Brazil Export and Import Value & Volume, 2018-2019 ($)
Figure 36: Venezuela Soybean Market Value & Volume, 2021-2026 ($)
Figure 37: Venezuela GDP and Population, 2018-2019 ($)
Figure 38: Venezuela GDP – Composition of 2018, By Sector of Origin
Figure 39: Venezuela Export and Import Value & Volume, 2018-2019 ($)
Figure 40: Argentina Soybean Market Value & Volume, 2021-2026 ($)
Figure 41: Argentina GDP and Population, 2018-2019 ($)
Figure 42: Argentina GDP – Composition of 2018, By Sector of Origin
Figure 43: Argentina Export and Import Value & Volume, 2018-2019 ($)
Figure 44: Ecuador Soybean Market Value & Volume, 2021-2026 ($)
Figure 45: Ecuador GDP and Population, 2018-2019 ($)
Figure 46: Ecuador GDP – Composition of 2018, By Sector of Origin
Figure 47: Ecuador Export and Import Value & Volume, 2018-2019 ($)
Figure 48: Peru Soybean Market Value & Volume, 2021-2026 ($)
Figure 49: Peru GDP and Population, 2018-2019 ($)
Figure 50: Peru GDP – Composition of 2018, By Sector of Origin
Figure 51: Peru Export and Import Value & Volume, 2018-2019 ($)
Figure 52: Colombia Soybean Market Value & Volume, 2021-2026 ($)
Figure 53: Colombia GDP and Population, 2018-2019 ($)
Figure 54: Colombia GDP – Composition of 2018, By Sector of Origin
Figure 55: Colombia Export and Import Value & Volume, 2018-2019 ($)
Figure 56: Costa Rica Soybean Market Value & Volume, 2021-2026 ($)
Figure 57: Costa Rica GDP and Population, 2018-2019 ($)
Figure 58: Costa Rica GDP – Composition of 2018, By Sector of Origin
Figure 59: Costa Rica Export and Import Value & Volume, 2018-2019 ($)
Figure 60: Europe Soybean Market Value & Volume, 2021-2026 ($)
Figure 61: U.K Soybean Market Value & Volume, 2021-2026 ($)
Figure 62: U.K GDP and Population, 2018-2019 ($)
Figure 63: U.K GDP – Composition of 2018, By Sector of Origin
Figure 64: U.K Export and Import Value & Volume, 2018-2019 ($)
Figure 65: Germany Soybean Market Value & Volume, 2021-2026 ($)
Figure 66: Germany GDP and Population, 2018-2019 ($)
Figure 67: Germany GDP – Composition of 2018, By Sector of Origin
Figure 68: Germany Export and Import Value & Volume, 2018-2019 ($)
Figure 69: Italy Soybean Market Value & Volume, 2021-2026 ($)
Figure 70: Italy GDP and Population, 2018-2019 ($)
Figure 71: Italy GDP – Composition of 2018, By Sector of Origin
Figure 72: Italy Export and Import Value & Volume, 2018-2019 ($)
Figure 73: France Soybean Market Value & Volume, 2021-2026 ($)
Figure 74: France GDP and Population, 2018-2019 ($)
Figure 75: France GDP – Composition of 2018, By Sector of Origin
Figure 76: France Export and Import Value & Volume, 2018-2019 ($)
Figure 77: Netherlands Soybean Market Value & Volume, 2021-2026 ($)
Figure 78: Netherlands GDP and Population, 2018-2019 ($)
Figure 79: Netherlands GDP – Composition of 2018, By Sector of Origin
Figure 80: Netherlands Export and Import Value & Volume, 2018-2019 ($)
Figure 81: Belgium Soybean Market Value & Volume, 2021-2026 ($)
Figure 82: Belgium GDP and Population, 2018-2019 ($)
Figure 83: Belgium GDP – Composition of 2018, By Sector of Origin
Figure 84: Belgium Export and Import Value & Volume, 2018-2019 ($)
Figure 85: Spain Soybean Market Value & Volume, 2021-2026 ($)
Figure 86: Spain GDP and Population, 2018-2019 ($)
Figure 87: Spain GDP – Composition of 2018, By Sector of Origin
Figure 88: Spain Export and Import Value & Volume, 2018-2019 ($)
Figure 89: Denmark Soybean Market Value & Volume, 2021-2026 ($)
Figure 90: Denmark GDP and Population, 2018-2019 ($)
Figure 91: Denmark GDP – Composition of 2018, By Sector of Origin
Figure 92: Denmark Export and Import Value & Volume, 2018-2019 ($)
Figure 93: APAC Soybean Market Value & Volume, 2021-2026 ($)
Figure 94: China Soybean Market Value & Volume, 2021-2026
Figure 95: China GDP and Population, 2018-2019 ($)
Figure 96: China GDP – Composition of 2018, By Sector of Origin
Figure 97: China Export and Import Value & Volume, 2018-2019 ($) Soybean Market China Export and Import Value & Volume, 2018-2019 ($)
Figure 98: Australia Soybean Market Value & Volume, 2021-2026 ($)
Figure 99: Australia GDP and Population, 2018-2019 ($)
Figure 100: Australia GDP – Composition of 2018, By Sector of Origin
Figure 101: Australia Export and Import Value & Volume, 2018-2019 ($)
Figure 102: South Korea Soybean Market Value & Volume, 2021-2026 ($)
Figure 103: South Korea GDP and Population, 2018-2019 ($)
Figure 104: South Korea GDP – Composition of 2018, By Sector of Origin
Figure 105: South Korea Export and Import Value & Volume, 2018-2019 ($)
Figure 106: India Soybean Market Value & Volume, 2021-2026 ($)
Figure 107: India GDP and Population, 2018-2019 ($)
Figure 108: India GDP – Composition of 2018, By Sector of Origin
Figure 109: India Export and Import Value & Volume, 2018-2019 ($)
Figure 110: Taiwan Soybean Market Value & Volume, 2021-2026 ($)
Figure 111: Taiwan GDP and Population, 2018-2019 ($)
Figure 112: Taiwan GDP – Composition of 2018, By Sector of Origin
Figure 113: Taiwan Export and Import Value & Volume, 2018-2019 ($)
Figure 114: Malaysia Soybean Market Value & Volume, 2021-2026 ($)
Figure 115: Malaysia GDP and Population, 2018-2019 ($)
Figure 116: Malaysia GDP – Composition of 2018, By Sector of Origin
Figure 117: Malaysia Export and Import Value & Volume, 2018-2019 ($)
Figure 118: Hong Kong Soybean Market Value & Volume, 2021-2026 ($)
Figure 119: Hong Kong GDP and Population, 2018-2019 ($)
Figure 120: Hong Kong GDP – Composition of 2018, By Sector of Origin
Figure 121: Hong Kong Export and Import Value & Volume, 2018-2019 ($)
Figure 122: Middle East & Africa Soybean Market Middle East & Africa 3D Printing Market Value & Volume, 2021-2026 ($)
Figure 123: Russia Soybean Market Value & Volume, 2021-2026 ($)
Figure 124: Russia GDP and Population, 2018-2019 ($)
Figure 125: Russia GDP – Composition of 2018, By Sector of Origin
Figure 126: Russia Export and Import Value & Volume, 2018-2019 ($)
Figure 127: Israel Soybean Market Value & Volume, 2021-2026 ($)
Figure 128: Israel GDP and Population, 2018-2019 ($)
Figure 129: Israel GDP – Composition of 2018, By Sector of Origin
Figure 130: Israel Export and Import Value & Volume, 2018-2019 ($)
Figure 131: Entropy Share, By Strategies, 2018-2019* (%) Soybean Market
Figure 132: Developments, 2018-2019* Soybean Market
Figure 133: Company 1 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 134: Company 1 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 135: Company 1 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 136: Company 2 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 137: Company 2 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 138: Company 2 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 139: Company 3 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 140: Company 3 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 141: Company 3 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 142: Company 4 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 143: Company 4 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 144: Company 4 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 145: Company 5 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 146: Company 5 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 147: Company 5 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 148: Company 6 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 149: Company 6 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 150: Company 6 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 151: Company 7 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 152: Company 7 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 153: Company 7 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 154: Company 8 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 155: Company 8 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 156: Company 8 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 157: Company 9 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 158: Company 9 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 159: Company 9 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 160: Company 10 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 161: Company 10 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 162: Company 10 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 163: Company 11 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 164: Company 11 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 165: Company 11 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 166: Company 12 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 167: Company 12 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 168: Company 12 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 169: Company 13 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 170: Company 13 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 171: Company 13 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 172: Company 14 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 173: Company 14 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 174: Company 14 Soybean Market Net Sales Share, By Geography, 2018 (%)
Figure 175: Company 15 Soybean Market Net Revenue, By Years, 2018-2019* ($)
Figure 176: Company 15 Soybean Market Net Revenue Share, By Business segments, 2018 (%)
Figure 177: Company 15 Soybean Market Net Sales Share, By Geography, 2018 (%)