Global Soy Hulls Market is expected to grow at a CAGR of 7.4% during the forecast period and is expected to reach USD 1099.26 Mn by 2030. The global Soy Hulls Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Soy Hulls Market report also provides trends by market segments, technology, and investment with a competitive landscape.Global Soy Hulls Market Overview:
Soybean hulls are the by-product of the extraction of oil from soybean seed. Naturally, soybean hulls do not require any special processing to feed. Soy hulls makeup approximately 8% of the whole seed and contain 86% of complex carbohydrates. Soybeans are screened to remove broken and damaged beans and foreign materials. The beans are cracked and their hulls, which consist of the outer coat, are removed. Hulls are fibrous materials with no place in the human body but are valuable in ruminants. Soy hulls are repeatedly reintroduced in the oil meal to reduce the final protein content of soybean hulls. Soy hulls are light, flaky, and bulky. Soy hulls require special attention when handling, closed feeders are necessary when soy hulls are fed outside since the wind tends to blow the hull. Soy hulls are only conveyed in closed and covered transport facility.To know about the Research Methodology :- Request Free Sample Report
Global Soy Hulls Market Dynamics:
Growth in feed production and demand for consumption of livestock-based products are accelerating the market growth of soy hulls. As soybean and maize are the major grains consumed by the domestic animals as soy hulls are digested quickly by the animals and supply a high amount of protein supplement to the animals. Every year around 97.8% of the animal feed is coming from soybean meal globally. And rest of the meal is consumed by human beings in the form of soy flour or derived products. Soy hulls are especially utilized in the dairy industry due to the high fiber content of soy and rapid fermentation and digestion in the animals. Soy hulls are economic and do not need any further maintenance for animals in the dairy industry. Soybean hulls are also known as the energy source to supplement low to high-quality fodder based diets. In the USA, soybean hulls are used to supplement hay and maize in cattle diet during winter. Hence the above-mentioned factors are motivating the growth of the soy hull market. Soybean hulls when well cleaned, typically contain 9.4% crude proteins and 74% NDF. Due to research and development, the current application of soybean hulls is the utilization of soy hull as animal feed, treatment of wastewater, dietary fiber, and herbal medicines. The conversion of soy hull is apprehensive with ethanol production, bio-oil, polysaccharides, microfibrils, peroxidase and oligopeptides. This factor can hamper the soy hull market growth as the conversion may harm or produce toxicity to the human being.Global Soy Hulls Market Segment Analysis:
By Type, the segment is bifurcated into loose form and pellet form. Soy hull pallet is the most preferred as pellet needs less maintenance and is not harmed by the wind as compared to loose form. Soy hull pellets are browned, ground, and mixed with supplementary ingredients. Soy hull and soy hull are an excellent source of fibers and used in dairy ration and other feed products. Hence, the above-mentioned factor drives the soy pellet market. Soy hull pellet consists of some main ingredients that are mentioned in the below tableBy Application, the segment is divided into the ruminant diet, swine diet, poultry diet, and others. Ruminant diet refers to feeding animals that have the ability to digest and metabolize cellulose or plant fiber, and ferment soy hull to volatile fatty acid and microbial proteins that the animals can then digest and use. Animals falling under the ruminant diet category are cattle, sheep, goats, buffalo, deer, elk, giraffes and camels. These animals have a digestive system that is uniquely different from our own. Instead of one compartment, they have four different compartments in the stomach. As ruminant diet is rich in vitamins like A, D, E, and K and is fat-soluble that can be stored in the cow's body. Hence ruminant diet is dominating the above-mentioned segment in the global soy hull market.
Global Soy Hulls Market Regional Insights:
North America and Latin America are dominating the soy hull market as the region is more focused on animal feed. In the year 2023, Bunge North America, a prominent soybean hull producer declared the plant to recover the productivity of its leading soybean processing impression in the Eastern United States. The plan comprised building Bunge’s first new plant in the US in 15 years. The Asia Pacific is the second dominating region in the global soy hulk market as the region is dominating in the agriculture sector and the largest producers of soybean globally. The Animal population of Asia pacific is larger as compared to any other region. Hence the global soy hull market is dominating in terms of production and volume. The dominating countries of Asia Pacific are India, China, and Japan. And these countries will further accelerate the growth of the global soy hull market. The objective of the report is to present a comprehensive analysis of the global Soy Hulls Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Soy Hulls Market dynamics, structure by analyzing the market segments and project the global Soy Hulls Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Market make the report investor’s guide.Global Soy Hulls Market Scope: Inquire before buying
Global Soy Hulls Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 666.91 Mn. Forecast Period 2024 to 2030 CAGR: 7.4% Market Size in 2030: USD 1099.26 Mn. Segments Covered: By Type Loose Form Pallet Form By Application Ruminant Diets Swine Diets Poultry Diets Others Global Soy Hulls Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Soy Hulls Market Key Player
1. АDМ 2. Вungе 3. Lоuіѕ Drеуfuѕ 4. Wіlmаr Іntеrnаtіоnаl 5. Соfсо 6. Dоnlіnkѕ 7. Ѕhаndоng Воhі 8. Неnаn Ѕunѕhіnе 9. Ѕаnhе hореfull 10. Саrgіll 11. Хіаngсhі Ѕсеntѕ Ноldіng 12. Dаlіаn Нuаnоng 13. Yіhаі Кеrrу 14. Shandong Sanwei 15. Xiangchi Scents HoldingFrequently Asked Questions:
1. Which region has the largest share in Global Soy Hulls Market? Ans: North America and Latin America are dominating the soy hull market as the region is more focused on animal feed 2. What is the growth rate of Global Soy Hulls Market? Ans: The Global Soy Hulls Market is growing at a CAGR of 7.4% during forecasting period 2024-2030. 3. What is scope of the Global Soy Hulls Market report? Ans: Global Soy Hulls Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Soy Hulls Market? Ans: The important key players in the Global Soy Hulls Market are – АDМ, Вungе, Lоuіѕ Drеуfuѕ, Wіlmаr Іntеrnаtіоnаl, Соfсо, Dоnlіnkѕ, Ѕhаndоng Воhі, Неnаn Ѕunѕhіnе, Ѕаnhе hореfull, Саrgіll, Хіаngсhі Ѕсеntѕ Ноldіng, Dаlіаn Нuаnоng, Yіhаі Кеrrу, Shandong Sanwei, Xiangchi Scents Holding. 5. What is the study period of this Market? Ans: The Global market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Soy Hulls Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Soy Hulls Market 3.4. Geographical Snapshot of the Soy Hulls Market, By Manufacturer share 4. Global Soy Hulls Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Soy Hulls Market 5. Supply Side and Demand Side Indicators 6. Global Soy Hulls Market Analysis and Forecast, 2023-2030 6.1. Global Soy Hulls Market Size & Y-o-Y Growth Analysis. 7. Global Soy Hulls Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 7.1.1. Loose Form 7.1.2. Pallet Form 7.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Ruminant Diets 7.2.2. Swine Diets 7.2.3. Poultry Diets 7.2.4. Others 8. Global Soy Hulls Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Soy Hulls Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 9.1.1. Loose Form 9.1.2. Pallet Form 9.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Ruminant Diets 9.2.2. Swine Diets 9.2.3. Poultry Diets 9.2.4. Others 10. North America Soy Hulls Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Soy Hulls Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Soy Hulls Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Soy Hulls Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Soy Hulls Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Soy Hulls Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Soy Hulls Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Soy Hulls Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Soy Hulls Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Soy Hulls Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Soy Hulls Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Soy Hulls Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Soy Hulls Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Soy Hulls Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Soy Hulls Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Soy Hulls Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Soy Hulls Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Soy Hulls Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Soy Hulls Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Soy Hulls Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Soy Hulls Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Soy Hulls Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Soy Hulls Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Soy Hulls Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Soy Hulls Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Soy Hulls Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Soy Hulls Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Soy Hulls Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Soy Hulls Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Soy Hulls Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Soy Hulls Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Soy Hulls Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Soy Hulls Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Soy Hulls Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. ADM 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. Вungе 45.3.3. Lоuіѕ Drеуfuѕ 45.3.4. Wіlmаr Іntеrnаtіоnаl 45.3.5. Соfсо 45.3.6. Dоnlіnkѕ 45.3.7. Ѕhаndоng Воhі 45.3.8. Неnаn Ѕunѕhіnе 45.3.9. Ѕаnhе hореfull 45.3.10. Саrgіll 45.3.11. Хіаngсhі Ѕсеntѕ Ноldіng 45.3.12. Dаlіаn Нuаnоng 45.3.13. Yіhаі Кеrry 45.3.14. Shandong Sanwei 45.3.15. Xiangchi Scents Holding 46. Primary Key Insights
