The industry includes companies that process soybeans into oil, cake, meal and other products to sell to food industries, wholesalers and retailers. Through 2023, the industry has endured fluctuating key input prices, namely soybean prices. Processors also encountered major disruptions during the pandemic. Most restaurants closed, slashing demand for processed soybean products. Overall, the industry ballooned at an expected CAGR of 5.7% to $54.3 billion. Even so, the industry will contract 1.8% in 2023 as soybean prices slide, causing selling prices to plummet.
This industry includes manufacturers that process soybeans into oil, cake, meal and other products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Research Assistance
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