Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Soybean Derivatives Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Soybean Derivatives Market Grow Between 2024 and 2025?
The size of the soybean derivatives market has significantly increased in the past few years. The market, which was worth $300.12 billion in 2024, is projected to rise to $321.58 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%.
How Much Will the Soybean Derivatives Market Be Worth in 2029?
The Soybean Derivatives Global Market is forecasted to reach $450.22 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.8%.
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Which Soybean Derivatives Market Drivers Are Linked to Revenue Growth?
The key drivers in the soybean derivatives market are:
• Rising demand for clean label products
• Expansion of the plant-based meat industry
• Alternative uses of soybean derivatives in non-food industries
• Population growth and economic development driving increased demand.
Which Segments Are Expected to Grow in the Soybean Derivatives Market?
The soybean derivativesmarket covered in this report is segmented –
1) By Type: Soy Oil, Soy Milk, Soy Meal, Other Types
2) By Lecithin: Water, Acid, Enzyme
3) By Sales Channel: Departmental Stores, Supermarkets, Online Retail, Other Channels
4) By Application: Food And Beverages, Feed Industry, Others (Soy-Based Wood Adhesives, Soy Ink, Soy Crayons, Soy-Based Lubricants And Many More)
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What Are The Key Trends Impacting Growth In The Global Soybean Derivatives Market?
The key trends in the soybean derivatives market are:
• Innovation in product development is becoming a prominent trend in the soybean derivatives market.
• The use of soy lecithin in food processing is gaining traction.
• The trend of biofuel production is expected to significantly influence the market.
• There is a rising trend towards sustainable agricultural practices in the field.
Who Are the Key Competitors in the Global Soybean Derivatives Market?
Major players in the soybean derivatives market are:
• Bunge Ltd
• Archer Daniels Midland and Company
• Louis Dreyfus Commodities B.V.
• Cargill Incorporated
• Wilmar International Limited
• AG Processing Inc.
• Cenex Harvest States Inc.
• DuPont Nutrition and Health
• Ruchi Soya Industries Limited
• Gavyadhar Organic Private Limited
• Terra Firma Organic Private Limited
• Ingredion Incorporated
• Solbar Industries Ltd.
• SunOpta Inc.
• Scoular Company
• Ceres Global Ag Corp
• American Natural Processors Inc.
• Iowa Soybean Processors (ISP)
• Batory Foods
• Fuerst Day Lawson Holdings Limited
• Fuji Vegetable Oil Inc.
• Sojaprotein
• Arizona Grain Inc.
• Jiangsu Hongda New Material Co. Ltd.
• Cosucra
• Vippy Industries Ltd.
Where Is the Soybean Derivatives Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the soybean derivatives market in 2024
