Global Soybean Meal Market: Industry Analysis and Forecast (2020-2026) by Source, Application, Distribution Channel, and Region

Global Soybean Meal Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.1 % through 2020 to 2026, reaching nearly US$ XX Bn.

Global Soybean Meal Market Overview:

Soybean Meal is the byproduct obtained after extracting oil from soybean. The presence of a rich source of protein in Soybean Meal has resulted in its use as nutrient-rich food products for humans and animals. Soybean Meal contains 47-49% of protein and more than 3% of crude fiber. These nutrient-rich contents are used in the form of food products and beverages made by using Soybean Meal. The high nutrient contents of Soybean Meal are used by the Animal Husbandry Industry to manufacture food products for animals. More than 65% of the animal food products present in the market are made by using Soybean Meal. Soybean Meal is certified as a safe to consume food product by international health regulatory bodies and holds the commercial license to be sold anywhere in the world. An increase in demand for nutrient-rich food products for humans and animals has resulted in increased demand for Soybean Meal. Increasing population, rising demand for nutrient-rich food products, and a wide-scale application in the Food & Beverages and Nutraceutical Industry have resulted in the growth in the Global Soybean Meal Market.

Global Soybean Meal Market Dynamics:

The fast-paced lifestyle and irregular meal consumption have resulted in an increased demand for nutrient-rich food products by people from all levels of society. An increase in the working hours, rise in the number of people getting affected by deadly diseases, and little to no time for doing exercise has resulted in an increased dependence on food products to fulfill nutrient requirements of the body. Soybean Meal, because of its high protein contents is observing a rise in demand from around the world. A Report by UNICEF published in 2016 states that malnutrition is the reason behind the death of 1 out of every 600 children born after 2005. The presence of nutrient-deficiency diseases is high in the regions of sub-Saharan countries, Southeast Asia, and Central America. Soybean Meal provides an excellent nutrient-rich source at a very low cost and can be used on a large scale to eradicate nutrient-deficiency diseases from the world. A report by Runni Mukherjee, A Dutta, and Runu Chakraborty published in the Asian-Australian Journal of Animal Sciences states that the use of fermentation process in preparing Soybean Meal food products for animals increases its nutritional value and provides several benefits like increased average daily gain, better protein digestibility, and decreased immunological reactivity. This report has resulted in a change in the procedure used for manufacturing Soybean Meal for animals in the Asia-Pacific region. An increase in demand for nutrient-rich food products by humans and for animals is the driving factor for the growth of the Global Soybean Meal Market.

Restraints:

Availability of synthetic alternatives at a lower price is the major restraining factor here. The lack of infrastructural facilities has resulted in limited growth of the Soybean Meal Market in third-world countries.

Global Soybean Meal Market Segment Analysis:

The Global Soybean Meal Market is segmented on the basis of By Source, It is observed that more than 60% of the Soybean Meal available in the market is added with nutrients to improve its value. An increase in demand for organic products has resulted in a 3% increase in demand for Organic Soybean Meal. By Application, It is observed that more than 5% of the Soybean Meal manufactured in the world is used as Soy Flour which is used in manufacturing Soy Milk and Vegetable Proteins. More than 40% of the Soybean Meal is used as Animal Feed for Poultry, swine, beef cattle, dairy cattle, and pet animals. The presence of a high source of protein and increasing demand for nutrient-rich products has resulted in increased use of Soybean Meal by the Nutraceutical Industry. Different Non-Dairy and nutrient-rich beverages are made by using Soybean Meal. By Distribution Channels, It is observed that more than 30% of the sales of Soybean Meal in the unorganized Market happened through Specialty Stores dealing in nutrient-rich food products. An increase of 3.1% has been observed in the sales of Soybean Meal products through Supermarkets and Convenience Stores in the US and Europe. An increase in the use of the internet for shopping has resulted in a 9% increase in the number of people visiting different E-Commerce platforms for purchasing Soybean Meal Global Soybean Meal Market To know about the Research Methodology :- Request Free Sample Report A report by the Organized Soybean Market state that more than 25% of the sales of Soybean Meal has happened through Specialty Stores dealing in plant-based food products for humans and animals. The presence of a wide range of products by different brands and availability on a large scale has resulted in a 4% increase in the sales of Soybean Meal through Supermarkets present in the US and Europe. The near-to-home location has resulted in an increase of 3% in the number of people visiting Convenience Stores that come under the organized sector. The presence of a wide range of products and features like doorstep delivery has resulted in a 6% increase in sales of Soybean Meal through online shopping platforms. Different mediums that deal in Soybean products are visited by customers for purchasing Soybean Meal.

Global Soybean Meal Market Regional Insights

Global Soybean Meal MarketRegion-wise, Asia-Pacific is the biggest manufacturer of Soybean Meal. Countries like China and India produce more than 30% of the global production of Soybean Meal. Increasing population and rising preference for nutrient-rich food products have resulted in a 2.1% increase in the consumption of Soybean Meal. North America is the biggest consumer of health supplements and Dietary food products made by using Soybean Meal. Increased preference for a healthy lifestyle has resulted in a 3% increase in consumption of Soybean Meal by the Nutraceuticals Industry present in this region. Increased preference for protein-rich food products and beverages and rising demand for nutrient-rich fodder have resulted in a 3.5% increase in the consumption of Soybean Meal in Europe. South American countries like Argentina and Brazil produce more than 15% of the global production of Soybean Meal. The presence of big Animal Husbandry Industries has resulted in a 4% increase in the consumption of Soybean Meal in this region. The Middle East and Africa’s Market has observed a growth of 1.8% in the Soybean Meal Market, the reason for which is the rising preference for nutrient-rich food products by humans and for animals. The objective of the report is to present a comprehensive analysis of the global Soybean Meal 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 Soybean Meal market dynamics, structure by analyzing the market segments and Project the global Soybean Meal market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Soybean Meal market make the report investor’s guide.

Global Soybean Meal Market Scope: Inquire before buying

Global Soybean Meal Market

Global Soybean Meal Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Soybean Meal Market Key Players

• Cargill, Inc. • Agrocorp International • IDES Corporate • Wudi Deda Agriculture Co., Ltd. • MJI Universal Pvt. Ltd. • Titan Biotech • Agro Ind Group • Minnesota Soybean Processors • Vippy Industries Ltd. • Bonne Vie Soybean Meal • Granol Industria • Denofa • Gimatex Industries Pvt. Ltd. • Mukwano Group • Nordic Soya • Shafer Commodities Inc. • Eco Export • Zhongken Guobang Tianjin Co., Ltd. • Gauri Agrotech Products Pvt. Ltd. • Ajanta Soya Limited
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 Soybean Meal Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 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 Soybean Meal Market 3.4. Geographical Snapshot of the Soybean Meal Market, By Manufacturer share 4. Global Soybean Meal Market Overview, 2019-2026 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 Products 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 Soybean Meal Market 5. Supply Side and Demand Side Indicators 6. Global Soybean Meal Market Analysis and Forecast, 2019-2026 6.1. Global Soybean Meal Market Size & Y-o-Y Growth Analysis. 7. Global Soybean Meal Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 7.1.1. Organic 7.1.2. Conventional 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Food Products 7.2.2. Beverages 7.2.3. Healthcare Products 7.2.4. Dietary Supplements 7.2.5. Animal Feed 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 7.3.1. Supermarket 7.3.2. Convenience Store 7.3.3. Specialty Store 7.3.4. E-Commerce 7.3.5. Others 8. Global Soybean Meal Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 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 Soybean Meal Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 9.1.1. Organic 9.1.2. Conventional 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Food Products 9.2.2. Beverages 9.2.3. Healthcare Products 9.2.4. Dietary Supplements 9.2.5. Animal Feed 9.2.6. Others 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 9.3.1. Supermarket 9.3.2. Convenience Store 9.3.3. Specialty Store 9.3.4. E-Commerce 9.3.5. Others 10. North America Soybean Meal Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Soybean Meal Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 12. Canada Soybean Meal Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 13. Mexico Soybean Meal Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 14. Europe Soybean Meal Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 15. Europe Soybean Meal Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 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. Soybean Meal Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 17. France Soybean Meal Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 18. Germany Soybean Meal Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 19. Italy Soybean Meal Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 20. Spain Soybean Meal Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 21. Sweden Soybean Meal Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 22. CIS Countries Soybean Meal Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 23. Rest of Europe Soybean Meal Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 24. Asia Pacific Soybean Meal Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 25. Asia Pacific Soybean Meal Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 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 Soybean Meal Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 27. India Soybean Meal Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 28. Japan Soybean Meal Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 29. South Korea Soybean Meal Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 30. Australia Soybean Meal Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 31. ASEAN Soybean Meal Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 32. Rest of Asia Pacific Soybean Meal Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 33. Middle East Africa Soybean Meal Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 34. Middle East Africa Soybean Meal Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 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 Soybean Meal Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 36. GCC Countries Soybean Meal Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 37. Egypt Soybean Meal Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 38. Nigeria Soybean Meal Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 39. Rest of ME&A Soybean Meal Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 40. South America Soybean Meal Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 41. South America Soybean Meal Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Soybean Meal Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 43. Argentina Soybean Meal Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 44. Rest of South America Soybean Meal Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Source, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Soybean Meal Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product 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. Cargill, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Argocorp International 45.3.3. IDES Corporate 45.3.4. Wudi Deda Agriculture Co., Ltd. 45.3.5. MJI Universal Pvt. Ltd. 45.3.6. Titan Biotech 45.3.7. Agro Ind Group 45.3.8. Minnesota Soybean Processors 45.3.9. Vippy Industries Ltd. 45.3.10. Bonny Vie Soybean Meal 45.3.11. Granol Industria 45.3.12. Denofa 45.3.13. Gimatex Industries Pvt. Ltd. 45.3.14. Mukwano Group 45.3.15. Nordic Soya 45.3.16. Shafer Commodities Inc. 45.3.17. Eco Export 45.3.18. Zhongken Guobang Tianjin Co., Ltd. 45.3.19. Gauri Agrotech Products Pvt. Ltd. 45.3.20. Ajanta Soya Limited 46. Primary Key Insights

About This Report

Report ID 107035
Category Food & Beverages
Published Date Jun 2021
Updated Date
Contact Us