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Showing posts with label Soybean Market. Show all posts
Showing posts with label Soybean Market. Show all posts

Sunday, 1 March 2020

Soybean Market is projected to reach US$215.746 bn by 2025 | CAGR of 5%

A recent report by Transparency Market Research (TMR), a leading market intelligence firm, assesses the growth dynamics of the global soybean market over the period from 2017 to 2025. According to the report, the soybean market is expected to register a decent rise by the end of the forecast period, thanks to intense competition among the key market players.
With Fuji Oil Group, E.I. du Pont de Nemours & Co., House Foods Group Inc., CHS Inc., The Scoular Co., Kerry Inc., Cargill Inc., The WhiteWave Foods Co., Archer-Daniels-Midland Co., and several others leading the worldwide market for soybean, it demonstrates a largely fragmented business landscape. The key players are concentrating on product innovations to gain a strong foothold in this competitive environment. In the coming years, they are likely to increase their investments in the soybean market, states the research report.
As per the research study, the global soybean market is expected to report a healthy rise at a CAGR of 5.00% during the period from 2017 to 2025. Lately, the demand for organic soybeans has witnessed a significant growth over conventional soybeans due to the increasing preference for natural and healthy food products among consumers. The scenario is projected to remain same over the next few years, reflecting positively on the organic soybean segment. Protein, milk, oil, tofu, fiber, soy milk, and meal have surfaced as the main products of this market. With a demand share of 72.90%, the meal segment is anticipated to lead the global market over the forecast period, notes the study.
Geographically, the worldwide soybean market is mainly spread across North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Currently, Asia Pacific is the key regional soybean market across the world. The ever-rising population in Asia Pacific is expected to result in continued supremacy of this regional market in the years to come.
Increasing Awareness regarding Health and Fitness to Support Growth
“The rise in awareness level regarding health and fitness among consumers, especially the young generation, is the key factor that is fuelling the demand for soybean around the world,” says the author of this research study. The increasing knowledge about medical benefits of soybeans, such as providing cover against cancer, eliminating birth defects, reducing risk of heart diseases, and deceasing menopausal impact, are also supporting the soybean market’s growth considerably.
In addition to this, the increasing use of soybean in food and beverages, personal care products, pharmaceuticals, dietary supplements, and animal feed is influencing the global soybean market positively. The demand for soybean in animal feed is expected to increase further, making it the key end user of soybean in the near future, states the research report.
Fuelling Demand for Ready Protein Ingredient Products to Hamper Soybean Market
Although the global soybean market is currently reporting positive growth and is projected to do just fine in the coming years, the fuelling demand for ready protein ingredient products are likely to surface as a threat to it smooth growth trajectory. The advent of other substitute and dietary replacements for soybeans will also pose a challenge for the worldwide soybean market’s growth over the next couple of years. However, the increasing investments by key market players, in order to introduce new products, is anticipated to open new success streams for them in the near future.

Tuesday, 11 February 2020

Soybean Market: Global Market Size, Growth, Trends and 2025 Forecast Report

A recent report by Transparency Market Research (TMR), a leading market intelligence firm, assesses the growth dynamics of the global soybean market over the period from 2017 to 2025. According to the report, the soybean market is expected to register a decent rise by the end of the forecast period, thanks to intense competition among the key market players.
With Fuji Oil Group, E.I. du Pont de Nemours & Co., House Foods Group Inc., CHS Inc., The Scoular Co., Kerry Inc., Cargill Inc., The WhiteWave Foods Co., Archer-Daniels-Midland Co., and several others leading the worldwide market for soybean, it demonstrates a largely fragmented business landscape. The key players are concentrating on product innovations to gain a strong foothold in this competitive environment. In the coming years, they are likely to increase their investments in the soybean market, states the research report.
As per the research study, the global soybean market is expected to report a healthy rise at a CAGR of 5.00% during the period from 2017 to 2025. Lately, the demand for organic soybeans has witnessed a significant growth over conventional soybeans due to the increasing preference for natural and healthy food products among consumers. The scenario is projected to remain same over the next few years, reflecting positively on the organic soybean segment. Protein, milk, oil, tofu, fiber, soy milk, and meal have surfaced as the main products of this market. With a demand share of 72.90%, the meal segment is anticipated to lead the global market over the forecast period, notes the study.
Geographically, the worldwide soybean market is mainly spread across North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Currently, Asia Pacific is the key regional soybean market across the world. The ever-rising population in Asia Pacific is expected to result in continued supremacy of this regional market in the years to come.
Increasing Awareness regarding Health and Fitness to Support Growth
“The rise in awareness level regarding health and fitness among consumers, especially the young generation, is the key factor that is fuelling the demand for soybean around the world,” says the author of this research study. The increasing knowledge about medical benefits of soybeans, such as providing cover against cancer, eliminating birth defects, reducing risk of heart diseases, and deceasing menopausal impact, are also supporting the soybean market’s growth considerably.
In addition to this, the increasing use of soybean in food and beverages, personal care products, pharmaceuticals, dietary supplements, and animal feed is influencing the global soybean market positively. The demand for soybean in animal feed is expected to increase further, making it the key end user of soybean in the near future, states the research report.
Fuelling Demand for Ready Protein Ingredient Products to Hamper Soybean Market
Although the global soybean market is currently reporting positive growth and is projected to do just fine in the coming years, the fuelling demand for ready protein ingredient products are likely to surface as a threat to it smooth growth trajectory. The advent of other substitute and dietary replacements for soybeans will also pose a challenge for the worldwide soybean market’s growth over the next couple of years. However, the increasing investments by key market players, in order to introduce new products, is anticipated to open new success streams for them in the near future.

Tuesday, 14 January 2020

Soybean Market: Global Market Size, Growth, Trends and 2025 Forecast Report

A recent report by Transparency Market Research (TMR), a leading market intelligence firm, assesses the growth dynamics of the global soybean market over the period from 2017 to 2025. According to the report, the soybean market is expected to register a decent rise by the end of the forecast period, thanks to intense competition among the key market players.
With Fuji Oil Group, E.I. du Pont de Nemours & Co., House Foods Group Inc., CHS Inc., The Scoular Co., Kerry Inc., Cargill Inc., The WhiteWave Foods Co., Archer-Daniels-Midland Co., and several others leading the worldwide market for soybean, it demonstrates a largely fragmented business landscape. The key players are concentrating on product innovations to gain a strong foothold in this competitive environment. In the coming years, they are likely to increase their investments in the soybean market, states the research report.
As per the research study, the global soybean market is expected to report a healthy rise at a CAGR of 5.00% during the period from 2017 to 2025. Lately, the demand for organic soybeans has witnessed a significant growth over conventional soybeans due to the increasing preference for natural and healthy food products among consumers. The scenario is projected to remain same over the next few years, reflecting positively on the organic soybean segment. Protein, milk, oil, tofu, fiber, soy milk, and meal have surfaced as the main products of this market. With a demand share of 72.90%, the meal segment is anticipated to lead the global market over the forecast period, notes the study.
Geographically, the worldwide soybean market is mainly spread across North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Currently, Asia Pacific is the key regional soybean market across the world. The ever-rising population in Asia Pacific is expected to result in continued supremacy of this regional market in the years to come.
Increasing Awareness regarding Health and Fitness to Support Growth
“The rise in awareness level regarding health and fitness among consumers, especially the young generation, is the key factor that is fuelling the demand for soybean around the world,” says the author of this research study. The increasing knowledge about medical benefits of soybeans, such as providing cover against cancer, eliminating birth defects, reducing risk of heart diseases, and deceasing menopausal impact, are also supporting the soybean market’s growth considerably.
In addition to this, the increasing use of soybean in food and beverages, personal care products, pharmaceuticals, dietary supplements, and animal feed is influencing the global soybean market positively. The demand for soybean in animal feed is expected to increase further, making it the key end user of soybean in the near future, states the research report.
Fuelling Demand for Ready Protein Ingredient Products to Hamper Soybean Market
Although the global soybean market is currently reporting positive growth and is projected to do just fine in the coming years, the fuelling demand for ready protein ingredient products are likely to surface as a threat to it smooth growth trajectory. The advent of other substitute and dietary replacements for soybeans will also pose a challenge for the worldwide soybean market’s growth over the next couple of years. However, the increasing investments by key market players, in order to introduce new products, is anticipated to open new success streams for them in the near future.

Friday, 15 March 2019

Soybean Market: Preference for Healthy Food to Drive Growth

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it’s increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand. 
Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand. 
As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025. 
There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market. 
Players within the soybean market are attempting to develop innovative soybean based foods which have improved functionality. Players are also experimenting with newer blends in order to enhance the application areas of soybean. Some of the prominent players within the market include: Fuji Oil Group, Kerry Inc., House Foods Group Inc, E.I. du Pont de Nemours & Co., The WhiteWave Foods Company, CHS Inc., The Scoular Company, Cargill Inc, and Archer-Daniels Midland Co.

Wednesday, 3 October 2018

Soybean Market to Attain a Value of US$214.366 bn by 2025

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it's increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand.


Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand.

As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025.

There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market.

Players within the soybean market are attempting to develop innovative soybean based foods which have improved functionality. Players are also experimenting with newer blends in order to enhance the application areas of soybean. Some of the prominent players within the market include: Fuji Oil Group, Kerry Inc., House Foods Group Inc, E.I. du Pont de Nemours & Co., The WhiteWave Foods Company, CHS Inc., The Scoular Company, Cargill Inc, and Archer-Daniels Midland Co.



Tuesday, 18 September 2018

Soybean Market to Attain a Value of US$214.366 bn by 2025

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it's increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand.

Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand.


As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025.

There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market.

On the basis of geography the global soybean market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among these, Asia Pacific is leading in terms of highest demand. The high population, increasing number of people in emerging nations who have developed a strong inclination for healthy food, and rising awareness about the protein content of soybean among consumers will drive the Asia Pacific soybean market. The demand for soybean from nutraceuticals sector will also help the market to grow in this region. In addition to this, the animal feed industry is also stoking the growth of this market.

Latin America is expected to be the second leading segment, region wise for the soybean market followed by North America. Latin American and Asia Pacific are expected to collectively account for a whopping 78.1% of the total market by 2025. Increasing consumption of soybean in place of dairy proteins and as a alternative to meat will fuel the growth of this market in these two regions. Soybean is also used as an active ingredient in clean label products and sports nutrition products.

Players within the soybean market are attempting to develop innovative soybean based foods which have improved functionality. Players are also experimenting with newer blends in order to enhance the application areas of soybean. Some of the prominent players within the market include: Fuji Oil Group, Kerry Inc., House Foods Group Inc, E.I. du Pont de Nemours & Co., The WhiteWave Foods Company, CHS Inc., The Scoular Company, Cargill Inc, and Archer-Daniels Midland Co.



Thursday, 6 September 2018

Soybean Market: Availability of Wide Range of Soybean-based Healthy Products to Drive Growth

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it's increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand.

Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand.


As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025.

There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market.

On the basis of geography the global soybean market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among these, Asia Pacific is leading in terms of highest demand. The high population, increasing number of people in emerging nations who have developed a strong inclination for healthy food, and rising awareness about the protein content of soybean among consumers will drive the Asia Pacific soybean market. The demand for soybean from nutraceuticals sector will also help the market to grow in this region. In addition to this, the animal feed industry is also stoking the growth of this market.

Latin America is expected to be the second leading segment, region wise for the soybean market followed by North America. Latin American and Asia Pacific are expected to collectively account for a whopping 78.1% of the total market by 2025. Increasing consumption of soybean in place of dairy proteins and as a alternative to meat will fuel the growth of this market in these two regions. Soybean is also used as an active ingredient in clean label products and sports nutrition products.

Players within the soybean market are attempting to develop innovative soybean based foods which have improved functionality. Players are also experimenting with newer blends in order to enhance the application areas of soybean. Some of the prominent players within the market include: Fuji Oil Group, Kerry Inc., House Foods Group Inc, E.I. du Pont de Nemours & Co., The WhiteWave Foods Company, CHS Inc., The Scoular Company, Cargill Inc, and Archer-Daniels Midland Co.



Friday, 3 August 2018

Soybean Market: Preference for Healthy Food to Drive the Market

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it's increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand.

Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand.


As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025.

There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market.

On the basis of geography the global soybean market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among these, Asia Pacific is leading in terms of highest demand. The high population, increasing number of people in emerging nations who have developed a strong inclination for healthy food, and rising awareness about the protein content of soybean among consumers will drive the Asia Pacific soybean market. The demand for soybean from nutraceuticals sector will also help the market to grow in this region. In addition to this, the animal feed industry is also stoking the growth of this market.

Latin America is expected to be the second leading segment, region wise for the soybean market followed by North America. Latin American and Asia Pacific are expected to collectively account for a whopping 78.1% of the total market by 2025. Increasing consumption of soybean in place of dairy proteins and as a alternative to meat will fuel the growth of this market in these two regions. Soybean is also used as an active ingredient in clean label products and sports nutrition products.

Players within the soybean market are attempting to develop innovative soybean based foods which have improved functionality. Players are also experimenting with newer blends in order to enhance the application areas of soybean. Some of the prominent players within the market include: Fuji Oil Group, Kerry Inc., House Foods Group Inc, E.I. du Pont de Nemours & Co., The WhiteWave Foods Company, CHS Inc., The Scoular Company, Cargill Inc, and Archer-Daniels Midland Co.


Thursday, 28 June 2018

Soybean Market to Grow at 5.0% CAGR from 2017 to 2025, Preference for Healthy Food to Drive Growth

The global soybean market has a fragmented vendor landscape, Transparency Market Research observes in a recent market research report. Presence of numerous key players in the market has increased competition significantly.

In order to gain competitive advantage, the market players are focusing to produce new products from soybean for widening their offerings to their customers. Some of the key players present in the market are Fuji Oil Group, House Foods Group Inc, E.I. du Pont de Nemours & Co., CHS Inc., Cargill Inc, The Scoular Company, Kerry Inc., Archer-Daniels-Midland Co., and The WhiteWave Foods Company.


According to the report, the global soybean Market, which was valued at US$146.23 bn in 2017 is projected to reach US$215.746 bn by 2025. It is expected to expand at a 5% CAGR over the forecast from 2017 to 2025.

Preference for Healthy Food to Drive Soybean Market

On the basis of source type, the soybean market is classified into conventional and organic. Among these, the organic segment is expected to emerge dominant with 8.1% CAGR from 2017 to 2025 owing to a preference for healthy and natural products.

On the basis of end-use, the market is segmented into animal feed, food and beverages, dietary supplements, pharmaceuticals, and personal care. Of these, in 2017, the animal feed segment held 75.1% of the market and is expected to remain dominant over the forecast period. The rising preference for soybean feed due to its advantages and nutrients values is expected to boost this segment.

On the basis of product, the market is segmented into protein, oil, milk, tofu, soy milk, fiber, and meal. Among these, in 2017, the meal is expected to dominate the market with share of 72.9%. This growth is attributed to rising awareness regarding health benefits due to consumption of soybean.

Availability of Wide Range of Soybean-based Healthy Products to Drive Growth of Market

Soybean is a rich source of nutrients. It aids healthy weight gain by improving metabolism, which maintains better digestive health of body in human and animals as well. The rising awareness regarding health benefits of soybean is driving the soybean market. Additionally, soybean has many medical benefits including defending cancer, reducing impact of menopause, advantages to eliminate heart diseases, eliminating birth defects, and maintaining bones health. These advantages and rising knowledge among consumers about the same are boosting the soybean market.

However, ready protein ingredients products are gaining momentum in the market. Demand for these products is a major threat to the soybean market.


Tuesday, 22 May 2018

Soybean Market: Huge Demand by Health Conscious Consumers to Propel Overall Growth

The market for soybean has been steadily rising and this has led to companies expending money into research and development of new and better products to satisfy the customer demand for different food products.

Majorly fuelling demand in the global soybean market is the rising awareness among people about its health benefits. Their increasing applications in various end-use segments such as animal feed is also serving to boost demand. Serving to hamper demand in the global soybean market, on the other hand, is the dairy protein ingredients that have the first mover advantage and greater consumer acceptance.


A report by Transparency Market Research forecasts the global soybean market to rise at a CAGR of 5.0% during the period between 2017 and 2025 to become worth US$215.746 bn by 2025 from US$146.23 bn in 2017.

The two main sources of soybean can be classified into conventional and organic. Of the two, the organic segment is more popular because of the increasing preference of consumers for organic stuff sans chemicals and artificial additives that are usually bad for health. In the years ahead, the segment will likely expand at a greater CAGR of 8.1% to become worth US$1.38 bn. The conventional segment is expected to rise at a CAGR of 5.0% to attain a value of US$214.366 bn.

Depending upon end use again, the soybean market can be segmented into food and beverages, personal care, dietary supplements, pharmaceuticals, animal feed, etc. Among them, the segment of animal feed accounts for maximum share in revenue at present. The report by TMR estimates the share to be around 75.1% currently. In the years ahead too, the animal feed sector is predicted expand at a healthy clip. The soy meal segment accounts for the largest share and is followed by the soy oil segment.

Some of the main end products in the global soybean market are whole, protein, oil, meal, and others namely tofu, soybean milk, fiber. The protein segment of the soybean market can be further sub-segmented into soy protein concentrates, isolates, and hydrolysates. Amongt these segments, the soybean meal segment occupies leading share in the market – about 72.9%.

Geographically, some of the key segments in the global soybean market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of them, Asia Pacific is expected to account for the leading share vis-à-vis demand in the years to come due to its massive population, developing economies wherein more and more people are opting for healthy food, and rising awareness about the high protein content of soybean. The animal feed industry and nutraceuticals are also stoking growth in the market in the region. Asia Pacific will most likely be trailed by Latin America and North America. Together, Asia Pacific and Latin-America are likely to account for approximately 78.1% share by the end of 2025. The demand for soybeans in the three key markets is being primarily driven by the increasing consumption of soybean as a natural alternative to meat and dairy proteins and utilization as an ingredient in sports nutrition and in clean-labelled products.


Some of the prominent companies operating in the global soybean market are Kerry Inc., Fuji Oil Group, House Foods Group Inc, The WhiteWave Foods Company, E.I. du Pont de Nemours & Co., CHS Inc., Cargill Inc, The Scoular Company, Archer-Daniels Midland Co.

Thursday, 22 March 2018

Soybean Market Driven by Rising Inclination of Buyers toward Organic Food

Global Soybean Market: Brief Overview

The global soybean market is driven by the increasing awareness among consumers regarding the health benefits of soybean and therefore it's increased number of applications. Today soybean is also used in animal feed. Since soybean helps in improving the metabolism, people can gain weight in a healthy manner and also have better digestive health, thus driving its demand.

Soybean can help defend against cancer, reduce the impact of menopause, enhance the health of bones, protect the heart, and protect against birth defects. It also decreases the risk of diabetes and increases circulation. All these factors are anticipated to fuel the demand for soybeans in the next few years. On the other hand, daily protein ingredients are increasingly gaining consumer acceptance which will threaten the demand for soya bean. Manufacturers are increasingly finding it difficult to maintain the final price of the product on account of the volatility in terms of raw material supply and demand.


As per Transparency Market Research (TMR), the global soybean Market is anticipated to rise from US$146.23 bn in 2017 to US$215.746 bn by 2025, expanding at a 5% CAGR between 2017 and 2025.

Global Soybean Market: Trends and Opportunities

There are two types of soybean sources, organic and conventional. Of these, it is expected that the organic segment will expand at a faster pace as consumers are now preferring products which are natural and devoid of any additives. It is most likely that the organic segment will expand at an 8.1% CAGR between 2017 and 2025. By end use, the global soybean market is segmented into dietary supplements, food and beverages, pharmaceuticals, personal care, and animal feed. Of these, the highest revenue was generated from the animal feed segment. The animal feed segment accounted for 75.1% of the total market and is expected to continue to expand at a healthy pace in the years to come. Oil, protein, milk, tofu, fiber, soy milk are key products of soya bean. Of these it is anticipated that the soybean meal segment will dominate in the market, accounting for 72.9% of the total market.

Global Soybean Market: Geographical Analysis

On the basis of geography the global soybean market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among these, Asia Pacific is leading in terms of highest demand. The high population, increasing number of people in emerging nations who have developed a strong inclination for healthy food, and rising awareness about the protein content of soybean among consumers will drive the Asia Pacific soybean market. The demand for soybean from nutraceuticals sector will also help the market to grow in this region. In addition to this, the animal feed industry is also stoking the growth of this market.


Latin America is expected to be the second leading segment, region wise for the soybean market followed by North America. Latin American and Asia Pacific are expected to collectively account for a whopping 78.1% of the total market by 2025. Increasing consumption of soybean in place of dairy proteins and as a alternative to meat will fuel the growth of this market in these two regions. Soybean is also used as an active ingredient in clean label products and sports nutrition products.

Wednesday, 1 November 2017

Soybean Market - Knowledge about Health Benefits Drives Demand for Soybeans


Global Soybean Market: Snapshot

The market for soybean has been steadily rising and this has led to companies expending money into research and development of new and better products to satisfy the customer demand for different food products.


Majorly fuelling demand in the global soybean market is the rising awareness among people about its health benefits. Their increasing applications in various end-use segments such as animal feed is also serving to boost demand. Serving to hamper demand in the global soybean market, on the other hand, is the dairy protein ingredients that have the first mover advantage and greater consumer acceptance.

A report by Transparency Market Research forecasts the global soybean market to rise at a CAGR of 5.0% during the period between 2017 and 2025 to become worth US$215.746 bn by 2025 from US$146.23 bn in 2017.

Organic Soybean to Grow at Greater Pace due to Discerning Consumers

The two main sources of soybean can be classified into conventional and organic. Of the two, the organic segment is more popular because of the increasing preference of consumers for organic stuff sans chemicals and artificial additives that are usually bad for health. In the years ahead, the segment will likely expand at a greater CAGR of 8.1% to become worth US$1.38 bn. The conventional segment is expected to rise at a CAGR of 5.0% to attain a value of US$214.366 bn.

Depending upon end use again, the soybean market can be segmented into food and beverages, personal care, dietary supplements, pharmaceuticals, animal feed, etc. Among them, the segment of animal feed accounts for maximum share in revenue at present. The report by TMR estimates the share to be around 75.1% currently. In the years ahead too, the animal feed sector is predicted expand at a healthy clip. The soy meal segment accounts for the largest share and is followed by the soy oil segment.

Some of the main end products in the global soybean market are whole, protein, oil, meal, and others namely tofu, soybean milk, fiber. The protein segment of the soybean market can be further sub-segmented into soy protein concentrates, isolates, and hydrolysates. Amongt these segments, the soybean meal segment occupies leading share in the market – about 72.9%.

Asia Pacific with Substantial Population Emerges as Major Contributor to Demand

Geographically, some of the key segments in the global soybean market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of them, Asia Pacific is expected to account for the leading share vis-à-vis demand in the years to come due to its massive population, developing economies wherein more and more people are opting for healthy food, and rising awareness about the high protein content of soybean. The animal feed industry and nutraceuticals are also stoking growth in the market in the region. Asia Pacific will most likely be trailed by Latin America and North America. Together, Asia Pacific and Latin-America are likely to account for approximately 78.1% share by the end of 2025. The demand for soybeans in the three key markets is being primarily driven by the increasing consumption of soybean as a natural alternative to meat and dairy proteins and utilization as an ingredient in sports nutrition and in clean-labelled products.

Some of the prominent companies operating in the global soybean market are Kerry Inc., Fuji Oil Group, House Foods Group Inc, The WhiteWave Foods Company, E.I. du Pont de Nemours & Co., CHS Inc., Cargill Inc, The Scoular Company, Archer-Daniels Midland Co.

Monday, 9 October 2017

Soybean Market: Companies Focus on Development of New Products to up Sales

Competition in the global soybean market is expected to increase on the back of increasing demand which existing and new manufacturers are rushing to satisfy. A noticeable trend in the market is the leading companies focusing on the production of soybean derivatives as it is considered to be a growing market. Existing companies are pouring money into research and development of new products to satisfy the customer demand for different food products.

Some of the prominent companies operating in the global soybean market are Kerry Inc., Fuji Oil Group, House Foods Group Inc, The WhiteWave Foods Company, E.I. du Pont de Nemours & Co., CHS Inc., Cargill Inc, The Scoular Company, and Archer-Daniels Midland Co.

A report by Transparency Market Research forecasts the global soybean market to rise at a CAGR of 5.0% during the period between 2017 and 2025 to become worth US$215.746 bn by 2025 from US$146.23 bn in 2017.

Depending upon the type of source, the global soybean market can be split into conventional and organic. Of the two, the organic segment will likely expand at a greater pace in the near future owing to consumers who mostly prefer natural products without additives. The TMR report predicts the organic source segment to register a CAGR of 8.1% from 2017 to 2025.

From a geographical standpoint, Asia Pacific leads the global soybean market in terms of demand, which is expected to increase further in the years to come due to its massive population, developing economies wherein more and more people are opting for healthy food, and rising awareness about the high protein content of soybean. The animal feed industry and nutraceuticals are also stoking growth in the market in the region.


Knowledge about Health Benefits Drives Demand for Soybeans

Majorly fuelling demand in the global soybean market is the rising awareness among people about its health benefits. They help to improve metabolism, enable people to gain weight in a healthy manner, protect heart, defend against cancer, lessen effects of menopause, better digestive health, enhance bone health, protect against birth defects, increase circulation, decrease the risk of diabetes, etc.

“Another factor proving beneficial for the global soybean market is the thrust on research and development by savvy players in order to come up with innovative soybean-based foods with greater functionality and the incorporation of newer blends suitable for various applications. One such growth in use of soybean is its application in animal feed,” adds the lead analyst of the TMR report.

Supply Demand Disparity Hampers Market Growth

Serving to restrain the global soybean market, on the other hand, is the overall disparity between supply and demand. With a greater importance attached to the distribution of soybean, the market is seeing a gradual reduction in raw materials supplied to it. This has resulted in price volatility, which creates inconvenience for manufacturers as they try to maintain the final product price as well as their profit margin. In addition, dairy protein ingredients have the first mover advantage and greater consumer acceptance. This is also dealing a blow to the global soybean market.

This review is based on the findings of a TMR report, titled, “Soybean Market (Source - Conventional and Organic; End Products - Whole, Protein, Oil, and Meal; End Use - Food and Beverages, Personal Care, Dietary Supplements, Pharmaceuticals, and Animal Feed) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”

The Global Soybean Market is segmented as below:

Global Soybean Market, by Source
  • Conventional
  • Organic

Global Soybean Market, by End Products
  • Whole
  • Protein
  • Oil
  • Meal

Global Soybean Market, by End Use
  • Food and Beverages
  • Personal Care
  • Dietary Supplements
  • Pharmaceuticals
  • Animal Feed