Global Soybean Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global soybean market in its upcoming report titled, “Global Soybean Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global soybean market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global soybean market report has been segmented on the basis of source, end product, end use, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Soybean is an important bean that provides vegetable protein for millions of people and is also a key ingredient used in various end use applications including chemical products. Soybean is widely used to make soybean oil, which is widely used for cooking and making food products.
Increasing awareness about various health and medical benefits of soybean is a major factor driving growth of the global soybean market. In addition, growing soybean production and rising demand for organic ingredients in animal feed are other major factors expected to boost growth of the global soybean market over the forecast period.
However, lack of awareness of soybean in some areas across developing economies is a major factor restraining growth of the global soybean market. Additionally, over consumption of soybean results in health problems, primarily causing allergies, which is another major factor expected to hamper growth of the global soybean market over the forecast period.
Currently, the market in Asia Pacific accounts for highest share in the global soybean market in revenue terms, owing to high awareness about various benefits of soybean increasing production of soybean in countries in the region. The market in Latin America accounted for second-highest revenue share in the global soybean market, due to increasing consumption of soybean in the region, followed by markets in North America, Europe, and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, and markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Global soybean market segmentation:
By end product:
By end use:
- Food and Beverages
- Personal Care
- Dietary Supplements
- Animal Feed
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Fuji Oil Group,
- House Foods Group Inc.
- I. du Pont de Nemours & Co.
- CHS Inc.
- Cargill Inc.
- The Scoular Company
- Kerry Inc.
- Archer-Daniels-Midland Co.
- The White Wave Foods Company.
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