Latest News- Soybean Derivatives Market: Soy oil is expected to lead the Type segment during 2025-2029

The Soybean Derivatives Market is being driven by Growing demand for soybean derivatives from lactose-intolerant and vegan consumers

The Soybean Derivatives Market is expected to grow at a CAGR of 7.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 134.5 billion. In the global market for soybean derivatives, soybean meal holds a pivotal position as a protein source in animal feed. This derivative provides essential amino acids vital for the growth and development of livestock, poultry, and aquaculture species. The burgeoning demand for meat and animal products, fueled by population expansion and increasing incomes, has stimulated the growth of the livestock and poultry farming industries. The emergence of vegetarian and plant-based diets among consumers, driven by ethical and sustainable concerns, has created a growing interest in soybean meal as a plant-based protein alternative for animal feed. Consequently, the demand for soybean meal remains robust, significantly contributing to the expansion of the soybean derivatives market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Soy oil
  • Soy milk
  • Soy protein
  • Others
• Distribution Channel
  • Offline
  • Online
• Application
  • Food and beverage
  • Animal feed
  • Others
• Geography
  • North America
    • Canada
    • Mexico
    • US
  • APAC
    • China
    • India
    • Japan
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Europe
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for soybean derivatives from lactose-intolerant and vegan consumers
• Technological advancements in soybean processing
• High nutritional value of soybeans

However, the market also witnesses some limitations, which are as follows:

• Presence of soybean substitutes
• Health concerns and allergen labeling of soybean derivatives
• Concerns over using GMOs in soybean derivatives production

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Market Scope in Soybean Derivatives Market Research Report

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Research Analysis Overview

The Soybean Derivatives Market encompasses various products such as soy protein concentrates and isolates, soy lecithin grades, and soybean meal with specific compositions. Soybean cultivation practices, including yield optimization and disease management, influence the production of these derivatives. Sustainability practices, traceability systems, and industry regulations are crucial factors in the market. Innovation in soybean ingredient development and product creation, as well as collaborations within the industry, drive market dynamics. Soybean derivatives, including GMO-labeled options, have environmental footprints that are under scrutiny. Disease resistance and pest resistance in soybean cultivation are essential for maintaining a stable supply. Soybean industry regulations and labeling requirements continue to evolve, impacting market growth.

Market Research Overview

The Soybean Derivatives Market encompasses key products such as soy protein isolate, concentrate, flour, lecithin, oil, and meal. In the context of the global Packaged Foods and Meats industry, this market caters to manufacturers and food processing vendors engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, the Packaged Foods and Meats Market size is determined by the consolidated revenue of market participants. This market scope excludes food processing equipment manufacturers and packaged alcoholic and non-alcoholic beverages producers, including mineral waters. Market expansion will be fueled by the health benefits linked to minimally processed food consumption. Minimally processed foods, including soy-based products, are nutrient-dense sources of essential minerals like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/