Market Overview:
The global soy derivative market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The soy derivative market is segmented on the basis of type, application, and region. On the basis of type, the soy derivative market is segmented into soy oil, soy meal, soy protein concentrate (SPC), and others (soy lecithin and soymilk). Soy oil dominates the global soy derivative market in terms of revenue share in 2017. The demand for high-quality vegetable oils has been increasing due to their health benefits such as reducing cholesterol levels and improving heart health. Soy oil has emerged as one of the most preferred vegetable oils owing to its balanced fatty acid profile that helps reduce bad cholesterol levels while maintaining good cholesterol levels in humans.
Product Definition:
A soy derivative is a product that is made from soybeans. Soy derivatives are important because they can be used to make many different products, including food products, animal feed, and biofuels.
Soy Oil:
Soy oil is extracted from soybeans and has become a popular alternative to vegetable oils such as rapeseed, canola, and sunflower. Soy oil contains phytosterols which help in reducing cholesterol levels in the body. It also helps reduce low density lipoprotein (LDL), which is considered to be bad cholesterol.
Soy Meal:
Soy meal is the protein that is obtained from soybean. Soy meal has high nutritional value and can be used as a substitute for meat. It contains all the essential amino acids, making it a complete protein source. The demand for soy-based food products has been increasing due to their low cholesterol content and high nutritional value than other sources of proteins such as beef, pork or poultry.
Application Insights:
Food and beverage was the largest application segment in 2017, accounting for over 50% of the market share. The product is widely used as a food additive to improve taste and nutritional value. It is also used in various bakery products, such as soy milk, tofu, tempeh and textured vegetable protein (TVP), along with cereals like wheatgrass juice powder mixed with bran flakes.
Soybean meal is considered to be an excellent source of proteins because it contains all nine essential amino acids required by humans. These ingredients are combined with other cereals like wheatgrass juice powder mixed with bran flakes to form a healthy breakfast for consumers around the globe every day. This trend has positively influenced product demand in food processing applications over recent years owing to growing health concerns among consumers regarding gluten intake while maintaining a balanced diet plan rich in proteins from sources that are naturally gluten-free such as soybean derivatives.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The region is expected to witness significant growth on account of rising product demand from key industries including food and beverage, pharmaceuticals, personal care, and animal feed. China is one of the largest consumers owing to its large population coupled with rapid urbanization and industrialization.
Growth Factors:
- Increasing demand for plant-based meat and dairy products as a result of growing awareness about the health benefits of consuming soy protein.
- Rising demand for biofuels as a result of the increasing concerns about climate change and its impact on the environment.
- Growing popularity of soy-based dietary supplements due to their numerous health benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Derivative Market Research Report
By Type
Soy Oil, Soy Meal, Soy Protein, Soy Lecithin, Soy Milk,
By Application
Food & Beverage, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care,
By Companies
Cargill Inc., CHS Inc., 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.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Soy Derivative Market Report Segments:
The global Soy Derivative market is segmented on the basis of:
Types
Soy Oil, Soy Meal, Soy Protein, Soy Lecithin, Soy Milk,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill Inc.
- CHS Inc.
- 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.
Highlights of The Soy Derivative Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soy Oil
- Soy Meal
- Soy Protein
- Soy Lecithin
- Soy Milk
- By Application:
- Food & Beverage
- Animal Feed
- Pharmaceuticals & Nutraceuticals
- Personal Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Soy Derivative Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Soy derivatives are substances that are derived from soybeans. Soy derivatives can include soybean oil, soy protein, and other products.
Some of the major players in the soy derivative market are Cargill Inc., CHS Inc., 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..
The soy derivative market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soy Derivative Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Soy Derivative Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soy Derivative Market - Supply Chain
4.5. Global Soy Derivative Market Forecast
4.5.1. Soy Derivative Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soy Derivative Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soy Derivative Market Absolute $ Opportunity
5. Global Soy Derivative Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Soy Derivative Market Size and Volume Forecast by Type
5.3.1. Soy Oil
5.3.2. Soy Meal
5.3.3. Soy Protein
5.3.4. Soy Lecithin
5.3.5. Soy Milk
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soy Derivative Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Soy Derivative Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Animal Feed
6.3.3. Pharmaceuticals & Nutraceuticals
6.3.4. Personal Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soy Derivative Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Soy Derivative Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Soy Derivative Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Soy Derivative Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Soy Derivative Demand Share Forecast, 2019-2026
9. North America Soy Derivative Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Soy Derivative Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Soy Derivative Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Animal Feed
9.4.3. Pharmaceuticals & Nutraceuticals
9.4.4. Personal Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soy Derivative Market Size and Volume Forecast by Type
9.7.1. Soy Oil
9.7.2. Soy Meal
9.7.3. Soy Protein
9.7.4. Soy Lecithin
9.7.5. Soy Milk
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Soy Derivative Demand Share Forecast, 2019-2026
10. Latin America Soy Derivative Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Soy Derivative Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Soy Derivative Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Animal Feed
10.4.3. Pharmaceuticals & Nutraceuticals
10.4.4. Personal Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soy Derivative Market Size and Volume Forecast by Type
10.7.1. Soy Oil
10.7.2. Soy Meal
10.7.3. Soy Protein
10.7.4. Soy Lecithin
10.7.5. Soy Milk
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Soy Derivative Demand Share Forecast, 2019-2026
11. Europe Soy Derivative Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Soy Derivative Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Soy Derivative Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Animal Feed
11.4.3. Pharmaceuticals & Nutraceuticals
11.4.4. Personal Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soy Derivative Market Size and Volume Forecast by Type
11.7.1. Soy Oil
11.7.2. Soy Meal
11.7.3. Soy Protein
11.7.4. Soy Lecithin
11.7.5. Soy Milk
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Soy Derivative Demand Share, 2019-2026
12. Asia Pacific Soy Derivative Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Soy Derivative Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Soy Derivative Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Animal Feed
12.4.3. Pharmaceuticals & Nutraceuticals
12.4.4. Personal Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soy Derivative Market Size and Volume Forecast by Type
12.7.1. Soy Oil
12.7.2. Soy Meal
12.7.3. Soy Protein
12.7.4. Soy Lecithin
12.7.5. Soy Milk
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Soy Derivative Demand Share, 2019-2026
13. Middle East & Africa Soy Derivative Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Soy Derivative Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Soy Derivative Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Animal Feed
13.4.3. Pharmaceuticals & Nutraceuticals
13.4.4. Personal Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soy Derivative Market Size and Volume Forecast by Type
13.7.1. Soy Oil
13.7.2. Soy Meal
13.7.3. Soy Protein
13.7.4. Soy Lecithin
13.7.5. Soy Milk
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Soy Derivative Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soy Derivative Market: Market Share Analysis
14.2. Soy Derivative Distributors and Customers
14.3. Soy Derivative Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CHS Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ruchi Soya Industries Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dupont Nutrition and Health
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Noble Group Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wilmar International Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Archer Daniels Midland Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bunge Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Louis Dreyfus Company BV
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AG Processing Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook