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[175+ Pages Research Report] Global Soy Derivatives Market to surpass USD 394.73 billion by 2030 from USD 194.95 billion in 2020 at a CAGR of 8.7 % in the coming years, i.e., 2021-30. The primary use of soy derivatives in the food and beverage industry is driving the global soy derivatives market, owing to increased protein consumption.
Product Overview
The soybean crop is undeniably important on a global scale, both economically and socially. Soybean is an oilseed that contains a variety of nutrients such as protein, carbohydrates, vitamins, and minerals. Soybean derivatives are derived from the extraction of soybean seeds and other byproducts. Soybean is a widely used oilseed that accounts for more than half of the world's supply of oilseeds and is a major source of oil. For vegetarians and vegans, soybean derivatives are the safest dietary supplements and foods. Protein, nutrition, healthy fats, and a variety of other ingredients abound in soybean derivatives. Because of the rising prevalence of animal diseases, farmers are becoming more aware of the animal feed they use, resulting in a high demand for protein-rich soy derivative products in the feed industry.
Market Highlights
Global Soy Derivatives market is expected to project a notable CAGR of 8.7% in 2030.
Baked goods, sauces, bread, mayonnaise, and potato chips are all made with soy derivatives. The leftover fibers from soybean oil extraction are roasted and used as feed for farms, cattle, pigs, and pets. During the forecast era, the growth of the animal feed industry is expected to stimulate business growth as meat production and demand for animal protein products rise.
Global Soy Derivatives Market: Segments
Soy oil segment to grow with the highest CAGR during 2020-30
Global Soy Derivatives market is segmented by type into Soybean, Soy meal, and Soy oil. Soy oil segment held the largest market share in the year 2020 owing to consumer awareness of its health benefits, such as the reduction of obesity and blood sugar levels, and its widespread use in various food items, such as baked goods and snacks. Additionally, increased imports and developments in this field have fuelled market expansion.
Food segment to grow with the highest CAGR during 2020-30
Global Soy Derivatives market is divided by raw material into Feed, Food and Other. Over the forecast period, the food segment is projected to expand at the fastest pace. The segment is expected to grow as a result of increased protein consumption and the easy availability of low-cost, high-quality protein, an increase in the number of people who prefer processed foods, and increased investment in expanding oilseed crushing capacity. During the forecast period, the segment is expected to rise due to rising demand for lecithin and growing applications of soy food in developing economies.
Market Dynamics
Drivers
High Usage in the Food and Beverages Industry
Because of rising protein intake, the global soybean derivatives market is fueled by the widespread use of soybean derivatives in the food and beverage industry. Salad dressings, baked goods, sauces, breads, mayonnaise, and potato chips are all made of soybean derivatives. Over the forecast period, the growth of the food and beverage industries in China, India, and the Middle East is expected to benefit the sector. The residual fiber from the extraction of soybean oil is toasted and used to make feed for aquaculture, cattle, swine, and pets. Over the forecast period, consumer demand is expected to be fueled by increased meat production and rising demand for animal protein products in the animal feed industry.
Demand for Naturally Derived Goods and Environmental Concern
Additionally, paints, coatings, bioplastics, and biodiesels are all made with soybean derivatives. The demand for naturally derived goods has grown as environmental concern about reducing GHG emissions has grown. The European Commission and the Environmental Protection Agency (EPA) have drafted a slew of regulations aimed at encouraging biodiesel use and development. Over the forecast period, this trend is expected to boost market demand as a raw material for biodiesel production.
Restraint
Allergies Related to Soy and Legal Questions About Its Use
The rising prevalence of soy lecithin allergies is expected to limit market growth to some degree. Furthermore, ethical and legal questions about the use of genetically modified soybeans and derivatives are impeding market development.
Global Soy Derivatives Market: Key Players
CHS Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Ruchi Soya Industries Ltd
Dupont Nutrition and Health
Noble Group Ltd
Wilmar International Ltd
Archer Daniels Midland Company
Bunge Ltd
Louis Dreyfus Company BV
AG Processing Inc.
Other Prominent Players
Global Soy Derivatives Market: Regions
Global Soy Derivatives market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Soy Derivatives in APAC held the largest market share in the year 2020 because of the rising demand for soybean derivatives and the growing use of soybean products in the area. North America, on the other hand, is expected to outperform all other regions by clocking the highest CAGR from 2020 to 2030, owing to abundant soy crops and rising demand for soybean derivatives from the food and beverage industry in the area.
Global Soy Derivatives Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil,, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey,, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia,, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa,, and Rest of MENA
Global Soy Derivatives Market report also contains analysis on:
Soy Derivatives Market Segments:
By Type
Soybean
Soy meal
Soy oil
By Application
Feed
Food
Other
Soy Derivatives Market Dynamics
Soy Derivatives Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Soy Derivatives Market Report Scope and Segmentation
Frequently Asked Questions
How big is the Soy Derivatives market
What is the Soy Derivatives market growth
Which segment accounted for the largest Soy Derivatives market share
Who are the key players in the Soy Derivatives market
What are the factors driving the Soy Derivatives market
Contents
1. Executive Summary
2. Global Soy Derivatives Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Soy Derivatives Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Soy Derivatives Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Soy Derivatives Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Type: Market Share (2020-2030F)
1. Soybean, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Soy meal, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Soy oil, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By Application : Market Share (2020-2030F)
1. Feed, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Food, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Other, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. CHS Inc.
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Ruchi Soya Industries Ltd
3. Dupont Nutrition and Health
4. Noble Group Ltd
5. Wilmar International Ltd
6. Archer Daniels Midland Company
7. Bunge Ltd
8. Louis Dreyfus Company BV
9. AG Processing Inc.
10. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Research Methodology:
Soy Derivatives Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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