Soybean Market Size, Share & Trends Analysis Report By Nature (GMO, Non-GMO), By Form (Raw, Processed), By End-use (Animal Feed, Industrial Use), By Region, And Segment Forecasts, 2024 - 2030

Soybean Market Size, Share & Trends Analysis Report By Nature (GMO, Non-GMO), By Form (Raw, Processed), By End-use (Animal Feed, Industrial Use), By Region, And Segment Forecasts, 2024 - 2030


Soybean Market Growth & Trends

The global soybean market size is expected to reach USD 258.12 billion by 2030 and expand at a CAGR of 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for soybean byproducts like soybean meal and oil cakes has increased over the past few years. The high nutritional value of the products has enhanced their popularity among consumers, increasing the market. The increased disposable income of consumers in developed countries and the improved soybean productivity contributed to the demand for soybean byproducts in these countries.

Plant-based protein such as soybean is likely to be in high demand globally as several people are steadily moving toward a vegan lifestyle. In addition to that, the world is becoming healthier and fitter, necessitating higher protein content on our plates. Soybean is a source of protein that also has a lot of health benefits. It aids in our digestive health maintenance and can be molded into various shapes in daily dishes. Soy consumption daily is good for hair and skin health. Soybean is high in amino acids and is especially advantageous to people who have lactose intolerance. These factors are likely to propel the growth of the market shortly.

Soybean is considered a near-perfect dairy substitute. It has become increasingly popular amongst lactose-intolerant people. Soy curd, tempeh, tofu, and soy milk are just a few of the products available in the global market for soybean. These products can fully substitute milk and its various products in day-to-day life. As a result, soybean dairy-like products are likely to disrupt the market and determine its course of direction soon.

Soybean Market Report Highlights
  • GMO soybeans are engineered to resist pests and diseases, leading to higher crop yields. It appeals farmers as it allows them to produce more soybeans per acre, increasing their profitability
  • The raw form is expected to grow at the fastest CAGR from 2024 to 2030. Raw soybeans are rich in essential nutrients, including protein, dietary fiber, vitamins, and minerals. They are considered a healthy food option and are included in diets for their potential benefits, such as heart health, weight management, and cholesterol control
  • Asia Pacific is expected to grow at the fastest CAGR from 2024 to 2030. Asia Pacific is home to a significant portion of the world's population, and many countries in this region are experiencing rapid economic growth. As incomes rise, so does the demand for protein-rich foods, including soybean-based products. This growing middle-class population with higher purchasing power is a crucial driver of increased soybean consumption
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Nature Outlook
2.3. Form Outlook
2.4. End-use Outlook
2.5. Regional Outlook
2.6. Competition Outlook
Chapter 3. Soybean Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing and Technology Outlook
3.2.3. Profit Margin Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis - Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographics Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Key Observations & Findings
Chapter 5. Soybean Market: Nature Estimates & Trends Analysis
5.1. Nature Movement Analysis & Market Share, 2023 & 2030
5.2. GMO
5.2.1. GMO market estimates and forecasts, 2018 - 2030 (USD Billion)
5.3. Non-GMO
5.3.1. Non-GMO market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Soybean Market: Form Estimates & Trends Analysis
6.1. Form Movement Analysis & Market Share, 2023 & 2030
6.2. Raw
6.2.1. Raw market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3. Processed
6.3.1. Processed market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Soybean Market: End-use Estimates & Trend Analysis
7.1. End-Use Movement Analysis & Market Share, 2023 & 2030
7.2. Food & Beverages
7.2.1. Market estimates and forecasts through food & beverages, 2018 - 2030 (USD Billion)
7.3. Animal Feed
7.3.1. Market estimates and forecasts through animal feed, 2018 - 2030 (USD Billion)
7.4. Industrial Use
7.4.1. Market estimates and forecasts through industrial use, 2018 - 2030 (USD Billion)
7.5. Others
7.5.1. Market estimates and forecasts through others, 2018 - 2030 (USD Billion)
Chapter 8. Soybean Market: Regional Estimates & Trends Analysis
8.1. Regional Movement Analysis & Market Share, 2023 & 2030
8.2. North America
8.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.2.2. U.S.
8.2.2.1. Key country dynamics
8.2.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.2.3. Canada
8.2.3.1. Key country dynamics
8.2.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.2.4. Mexico
8.2.4.1. Key country dynamics
8.2.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3. Europe
8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3.2. Germany
8.3.2.1. Key country dynamics
8.3.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3.3. UK
8.3.3.1. Key country dynamics
8.3.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3.4. France
8.3.4.1. Key country dynamics
8.3.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3.5. Italy
8.3.5.1. Key country dynamics
8.3.5.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.3.6. Spain
8.3.6.1. Key country dynamics
8.3.6.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4. Asia Pacific
8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4.2. China
8.4.2.1. Key country dynamics
8.4.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4.3. India
8.4.3.1. Key country dynamics
8.4.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4.4. Japan
8.4.4.1. Key country dynamics
8.4.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4.5. Indonesia
8.4.5.1. Key country dynamics
8.4.5.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.4.6. Australia & New Zealand
8.4.6.1. Key country dynamics
8.4.6.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.5. Central & South America
8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.5.2. Brazil
8.5.2.1. Key country dynamics
8.5.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.6. Middle East & Africa
8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
8.6.2. South Africa
8.6.2.1. Key country dynamics
8.6.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Analysis
9.1. Recent developments & impact analysis, by key market participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Market Share Analysis, 2023 (%)
9.7. Company Heat Map Analysis
9.8. Strategy Mapping
9.9. List of key companies analyzed in this section include:
9.9.1. Clarkson Grain Company
9.9.2. Willmar International Limited
9.9.3. SLC Agrícola
9.9.4. Glencore
9.9.5. ADM
9.9.6. The Scoular Company
9.9.7. Cargill, Incorporated
9.9.8. Bunge Limited
9.9.9. Louis Dreyfus Company
9.9.10. Kohinoor Feeds & Fats Pvt. Ltd.
9.9.11. Ag Processing, Inc.

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