Soybean By-Product Market (2024 - 2034)

Soybean By-Product Market Analysis by Soybean Oil, Oilcake, and Lecithin for Food Processing, Food Service, Animal Feed, Retail / Household, and Others from 2024 to 2034

Core Findings

    Soybean By-Product Market Overview (2024 to 2034)

    According to a recent industry analysis by Fact.MR, the global soybean by-product market has been estimated to be valued at US$ 57.34 billion in 2024 and demonstrated to grow at a CAGR of 5.9% to reach US$ 101.43 billion by the end of 2034.

    Over the coming years, demand for soybean by-products in North America and East Asia is projected to rise significantly. This is due to factors such as the shift towards plant-based diets, diverse food industry usage, health and wellness trends, and significant agricultural production in these regions.

    Soybean by-products come in organic and conventional options, such as soybean oil, meal, oil cake, protein, and lecithin, which are versatile ingredients in food products. Demand for soybean by-products is projected to remain strong, offering opportunities for producers of both organic and conventional soybean meals to meet the diverse needs of the food industry.

    Report Attributes Details
    Soybean By-Product Market Size (2019A) US$ 43.67 Billion
    Estimated Market Value (2024E) US$ 57.34 Billion
    Forecasted Market Value (2034F) US$ 101.43 Billion
    Global Market Growth Rate (2024 to 2034) 5.9% CAGR
    China Market Size (2019A) US$ 8.44 Billion
    Japan Market Growth Rate (2024 to 2034) 7.7% CAGR
    Key Companies Profiled Archer Daniels Midland Company; Alpro; Dean Foods Company; Chs Inc.; Eden Foods, Inc.; Northern Soy Inc.; Solbar Ltd.; Cargill Inc.; The Scoular Company; Linyi Shansong Biological Products Co. Ltd.; Adani Wilmar Company.; Kikkoman; Louis Dreyfus Company

    Consumption Analysis of Soybean By-Products (2019 to 2023) vs. Market Estimates (2024 to 2034)

    Soybean by-products have emerged as a significant offering for vegan consumers worldwide in recent years. Soybeans have become the leading oilseed crop globally, fueling the growth of the edible oil industry. Soybeans have been utilized in countries like China, Japan, and South Korea for food and medicinal purposes. The United States was introduced to soybeans in 1804, and the nation gradually became a major producer of this crop.

    • Short Term (2024 to 2027): Industries worldwide are projected to generate significant demand for soybean by-products driven by government policies that provide funds to farmers. This support is forecasted to drive up the mass production of soybean by-products.
    • Medium Term (2027 to 2030): Growth of industries such as agriculture, food & beverages, foodservice, and animal feed are projected to lead to advancements in soybean processing techniques.
    • Long Term (2030 to 2034): In the long term, the HoReCa sector (hotels, restaurants, and catering) is projected to increasingly utilize soybean by-products to cater to the growing demand from vegan consumers. As the demand for plant-based options continues to rise, soybean by-products offer the HoReCa sector an opportunity to diversify their offerings and meet the needs of a broader consumer base, positioning them to capitalize on the trend towards plant-based and protein-rich food choices.

    The market is projected to expand at a CAGR of 5.9% during the forecast period from 2024 to 2034, according to Fact.MR, a market research and competitive intelligence provider.

    What are the Key Soybean By-Product Market Trends?

    “Rising Demand for Soybean By-Products as Substitutes for Meat among Vegan Consumers”

    Soybean by-products are in high demand as a substitute for meat among vegan consumers who struggle to meet their protein intake from other plant-based sources. Products like soymilk, tofu, soy nuts, and sprouts, rich in soy protein, are crucial for meeting daily protein needs, driving up demand for soybean by-products.

    The continuous introduction of new soybean products is boosting demand not only among consumers but also among livestock producers and agricultural importers and exporters worldwide. Despite new tariffs on imports and exports set by the World Trade Organization (WTO), which may create challenges, efforts to facilitate trouble-free trade between countries persist are driving the soybean by-product market growth.

    What are the Factors Restricting Demand Growth for Soybean By-products?

    “Production of Soybean By-Products Using Chemicals Affecting Consumer Interest”

    Soybean by-products are a protein-rich option, but the emergence of new substitutes for nutrition or protein in the market impacts their sales, potentially hindering the market growth.

    The production of soybean by-products using chemicals and inorganic ingredients can disrupt the organic production process, leading to a loss of consumer interest in soybean products. These factors restrain the soybean by-product market growth.

    Country-wise Insights

    Why is China Emerging as a Key Market for Soybean By-product Manufacturers?

    “Sales of Soybean By-Products Rising to Address Health Implications of Meat Consumption”

    The market in China is forecast to expand at a CAGR of 6.3% and reach a size of US$ 19.35 billion by the end of 2034. The East Asia region is estimated to account for 24.4% of the global soybean by-product market share in 2024.

    Demand for soybean products is rising in China due to health concerns associated with meat consumption, prompting an increase in demand among vegetarian consumers. This trend is projected to boost soybean by-product demand in China during the forecast period. The evolution of new techniques for developing soybean by-products is forecasted to reshape consumer perceptions and offer various benefits, thus fueling market growth.

    What is the Demand Outlook for Soybean By-products in the United States?

    “Substantial Soybean Production for Food Processing, Animal Feed, and Foodservice Industries”

    The market in the United States is estimated to be valued at US$ 8.83 billion in 2024 and is projected to expand at a CAGR of 5.7% through 2034. Market growth in the nation is fueled by substantial soybean production. As of now, soybean production stands at 113,344 metric tonnes.

    High soybean production in the United States can influence global soybean prices, leading to fluctuations in various soybean-derived products. The versatility of soybeans extends to the food processing, animal feed, and foodservice industries. Soybean by-products are directed towards the animal feed industry, driving considerable imports of related products worldwide.

    Category-wise Insights

    Why Does Soybean Oil Generate High Income for Market Players?

    “Extensive Use of Soybean Oil in Animal Feed Due to its Health Benefits”

    The soybean oil segment is forecast to expand at 5.8% CAGR and reach a value of US$ 59.75 billion by 2034-end. Soybean oil, extracted from soybean seeds, is a widely used vegetable oil ideal for use in printing ink and oil paint formulations.

    It serves as a vital protein source for animals, benefiting the dairy cattle, pig, and poultry industries by improving body condition, reproduction, and egg production. Efforts to enhance livestock production fuel the demand for soybean oil.

    In the medical field, soybean oil provides essential fatty acids and calories, aiding in heart health, vision, skin, and bone strength. It is a staple in household kitchens, enhancing the taste of baked and fried goods.

    How is the Market Behaving for Conventional vs. Organic Soybean By-products?

    “Vital Role of Conventional Soybean in Lowering Risk of Cardiovascular Diseases and Cancer”

    As per the study by Fact.MR, the conventional segment will hold 90% of the market share in 2024. Sales of conventional soybean by-products are projected to reach US$ 91.29 billion by the end of 2034. Demand for conventional soybeans is rising among companies aiming to launch products like tofu and soymilk, requiring specific varieties to meet diverse end-user requirements.

    Clinical trials have demonstrated that soy proteins significantly reduce LDL (bad cholesterol) levels while moderately increasing HDL (good cholesterol) levels, thereby reducing the risk of cardiovascular diseases, coronary heart disease (CHD), and certain cancers.

    Demand for tofu and soymilk, among other conventional soybean products, for creating dairy alternatives such as soy yogurt and soy-based cheese is growing at a significant pace. They serve as ingredients in a variety of dairy and non-dairy products, including pancakes and baked goods.

    Competitive Landscape

    Key players include Archer Daniels Midland Company, Alpro, Dean Foods Company, Chs Inc., Eden Foods, Inc., Northern Soy Inc., Solbar Ltd., Cargill Inc., The Scoular Company, Linyi Shansong Biological Products Co. Ltd., Adani Wilmar Company, Kikkoman, and Louis Dreyfus Company.

    Soybean by-product manufacturers are constantly improving their product offerings to meet the demands of the market. These companies are investing in research and development to improve the performance and quality of their products, which can lead to higher sales. Players are continuously expanding their operations in regions such as East Asia.

    • In November 2023, Cargill expanded its project in Sidney, Ohio, to crush and refine soybean oils. This expansion doubles the capacity, creating lucrative opportunities for farmers and increasing demand for soybeans.
    • For approximately two decades, Archer Daniels Midland Company (ADM) has collaborated with farmers and the government to support smallholder soybean production in Indian states.

    Fact.MR has provided detailed information about the price points of key manufacturers of soybean by-products positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

    Segmentation of Soybean By-Product Market Research

    • By Nature :

      • Organic
      • Conventional
    • By End Use :

      • Food Processing Industry
      • Food Service Industry
      • Animal Feed
      • Retail / Household
      • Others
    • By Type :

      • Soybean Oil
      • Oilcake
      • Lecithin
    • By Region :

      • North America
      • Latin America
      • East Asia
      • South Asia & Pacific
      • Western Europe
      • Eastern Europe
      • Middle East & Africa

    Table of Content

    • 1. Market - Executive Summary
    • 2. Market Overview
    • 3. Market Background and Foundation Data
    • 4. Global Demand (Unit) Analysis and Forecast
    • 5. Global Market - Pricing Analysis
    • 6. Global Market Value (US$ million) Analysis and Forecast
    • 7. Global Market Analysis and Forecast, By Nature
      • 7.1. Organic
      • 7.2. Conventional
    • 8. Global Market Analysis and Forecast, By End use
      • 8.1. Food Processing Industry
      • 8.2. Food Service Industry
      • 8.3. Animal Feed
      • 8.4. Retail / Household
      • 8.5. Others
    • 9. Global Market Analysis and Forecast, By Type
      • 9.1. Soybean Oil
      • 9.2. Oilcake
      • 9.3. Lecithin
    • 10. Global Market Analysis and Forecast, By Region
      • 10.1. North America
      • 10.2. Latin America
      • 10.3. Europe
      • 10.4. East Asia
      • 10.5. South Asia & Oceania
      • 10.6. Middle East & Africa
    • 11. North America Market Analysis and Forecast
    • 12. Latin America Market Analysis and Forecast
    • 13. Europe Market Analysis and Forecast
    • 14. East Asia Market Analysis and Forecast
    • 15. South Asia & Oceania Market Analysis and Forecast
    • 16. Middle East & Africa Market Analysis and Forecast
    • 17. Country-level Market Analysis and Forecast
    • 18. Market Structure Analysis
    • 19. Market Competition Analysis
      • 19.1. Archer Daniels Midland Company
      • 19.2. Alpro
      • 19.3. Dean Foods Company
      • 19.4. Chs Inc
      • 19.5. Eden Foods, Inc.
      • 19.6. Northern Soy Inc.
      • 19.7. Solbar Ltd.
      • 19.8. Cargill Inc.
      • 19.9. The Scoular Company
      • 19.10. Linyi Shansong Biological Products Co. Ltd.
      • 19.11. Adani Wilmar Company
      • 19.12. Kikkoman
      • 19.13. Louis Dreyfus Company
      • 19.14. Other Players
    • 20. Assumptions & Acronyms Used
    • 21. Research Methodology

    List Of Table

    Table 01. Global Market Value (US$ million) by Region, 2018 to 2022

    Table 02. Global Market Value (US$ million) and Forecast by Region, 2024 to 2034

    Table 03. Global Market Volume (Unit) by Region, 2018 to 2022

    Table 04. Global Market Volume (Unit) and Forecast by Region, 2024 to 2034

    Table 05. Global Market Value (US$ million), By Nature, 2018 to 2022

    Table 06. Global Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 07. Global Market Volume (Unit), By Nature, 2018 to 2022

    Table 08. Global Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 09. Global Market Value (US$ million), By End use, 2018 to 2022

    Table 10. Global Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 11. Global Market Volume (Unit), By End use, 2018 to 2022

    Table 12. Global Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 13. Global Market Value (US$ million), By Type, 2018 to 2022

    Table 14. Global Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 15. Global Market Volume (Unit), By Type, 2018 to 2022

    Table 16. Global Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 17. North America Market Value (US$ million), by Country, 2018 to 2022

    Table 18. North America Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 19. North America Market Volume (Unit), by Country, 2018 to 2022

    Table 20. North America Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 21. North America Market Value (US$ million), By Nature, 2018 to 2022

    Table 22. North America Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 23. North America Market Volume (Unit), By Nature, 2018 to 2022

    Table 24. North America Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 25. North America Market Value (US$ million), By End use, 2018 to 2022

    Table 26. North America Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 27. North America Market Volume (Unit), By End use, 2018 to 2022

    Table 28. North America Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 29. North America Market Value (US$ million), By Type, 2018 to 2022

    Table 30. North America Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 31. North America Market Volume (Unit), By Type, 2018 to 2022

    Table 32. North America Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 33. Latin America Market Value (US$ million), by Country, 2018 to 2022

    Table 34. Latin America Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 35. Latin America Market Volume (Unit), by Country, 2018 to 2022

    Table 36. Latin America Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 37. Latin America Market Value (US$ million), By Nature, 2018 to 2022

    Table 38. Latin America Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 39. Latin America Market Volume (Unit), By Nature, 2018 to 2022

    Table 40. Latin America Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 41. Latin America Market Value (US$ million), By End use, 2018 to 2022

    Table 42. Latin America Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 43. Latin America Market Volume (Unit), By End use, 2018 to 2022

    Table 44. Latin America Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 45. Latin America Market Value (US$ million), By Type, 2018 to 2022

    Table 46. Latin America Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 47. Latin America Market Volume (Unit), By Type, 2018 to 2022

    Table 48. Latin America Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 49. Europe Market Value (US$ million), by Country, 2018 to 2022

    Table 50. Europe Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 51. Europe Market Volume (Unit), by Country, 2018 to 2022

    Table 52. Europe Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 53. Europe Market Value (US$ million), By Nature, 2018 to 2022

    Table 54. Europe Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 55. Europe Market Volume (Unit), By Nature, 2018 to 2022

    Table 56. Europe Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 57. Europe Market Value (US$ million), By End use, 2018 to 2022

    Table 58. Europe Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 59. Europe Market Volume (Unit), By End use, 2018 to 2022

    Table 60. Europe Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 61. Europe Market Value (US$ million), By Type, 2018 to 2022

    Table 62. Europe Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 63. Europe Market Volume (Unit), By Type, 2018 to 2022

    Table 64. Europe Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 65. East Asia Market Value (US$ million), by Country, 2018 to 2022

    Table 66. East Asia Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 67. East Asia Market Volume (Unit), by Country, 2018 to 2022

    Table 68. East Asia Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 69. East Asia Market Value (US$ million), By Nature, 2018 to 2022

    Table 70. East Asia Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 71. East Asia Market Volume (Unit), By Nature, 2018 to 2022

    Table 72. East Asia Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 73. East Asia Market Value (US$ million), By End use, 2018 to 2022

    Table 74. East Asia Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 75. East Asia Market Volume (Unit), By End use, 2018 to 2022

    Table 76. East Asia Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 77. East Asia Market Value (US$ million), By Type, 2018 to 2022

    Table 78. East Asia Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 79. East Asia Market Volume (Unit), By Type, 2018 to 2022

    Table 80. East Asia Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 81. South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022

    Table 82. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 83. South Asia & Oceania Market Volume (Unit), by Country, 2018 to 2022

    Table 84. South Asia & Oceania Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 85. South Asia & Oceania Market Value (US$ million), By Nature, 2018 to 2022

    Table 86. South Asia & Oceania Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 87. South Asia & Oceania Market Volume (Unit), By Nature, 2018 to 2022

    Table 88. South Asia & Oceania Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 89. South Asia & Oceania Market Value (US$ million), By End use, 2018 to 2022

    Table 90. South Asia & Oceania Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 91. South Asia & Oceania Market Volume (Unit), By End use, 2018 to 2022

    Table 92. South Asia & Oceania Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 93. South Asia & Oceania Market Value (US$ million), By Type, 2018 to 2022

    Table 94. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 95. South Asia & Oceania Market Volume (Unit), By Type, 2018 to 2022

    Table 96. South Asia & Oceania Market Volume (Unit) and Forecast By Type, 2024 to 2034

    Table 97. MEA Market Value (US$ million), by Country, 2018 to 2022

    Table 98. MEA Market Value (US$ million) and Forecast by Country, 2024 to 2034

    Table 99. MEA Market Volume (Unit), by Country, 2018 to 2022

    Table 100. MEA Market Volume (Unit) and Forecast by Country, 2024 to 2034

    Table 101. MEA Market Value (US$ million), By Nature, 2018 to 2022

    Table 102. MEA Market Value (US$ million) and Forecast By Nature, 2024 to 2034

    Table 103. MEA Market Volume (Unit), By Nature, 2018 to 2022

    Table 104. MEA Market Volume (Unit) and Forecast By Nature, 2024 to 2034

    Table 105. MEA Market Value (US$ million), By End use, 2018 to 2022

    Table 106. MEA Market Value (US$ million) and Forecast By End use, 2024 to 2034

    Table 107. MEA Market Volume (Unit), By End use, 2018 to 2022

    Table 108. MEA Market Volume (Unit) and Forecast By End use, 2024 to 2034

    Table 109. MEA Market Value (US$ million), By Type, 2018 to 2022

    Table 110. MEA Market Value (US$ million) and Forecast By Type, 2024 to 2034

    Table 111. MEA Market Volume (Unit), By Type, 2018 to 2022

    Table 112. MEA Market Volume (Unit) and Forecast By Type, 2024 to 2034

    List Of Figures

    Figure 01. Global Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 02. Global Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 03. Global Market Value (US$ million) and Volume (Unit) by Region, 2024 & 2034

    Figure 04. Global Market Y-o-Y Growth Rate by Region, 2024 to 2034

    Figure 05. Global Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 06. Global Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 07. Global Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 08. Global Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 09. Global Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 10. Global Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 11. North America Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 12. North America Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 13. North America Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 14. North America Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 15. North America Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 16. North America Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 17. North America Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 18. North America Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 19. North America Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 20. North America Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 21. North America Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 22. North America Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 23. North America Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 24. North America Market Attractiveness Analysis By Type, 2024 to 2034

    Figure 25. Latin America Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 26. Latin America Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 27. Latin America Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 28. Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 29. Latin America Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 30. Latin America Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 31. Latin America Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 32. Latin America Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 33. Latin America Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 34. Latin America Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 35. Latin America Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 36. Latin America Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 37. Latin America Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 38. Latin America Market Attractiveness Analysis By Type, 2024 to 2034

    Figure 39. Europe Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 40. Europe Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 41. Europe Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 42. Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 43. Europe Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 44. Europe Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 45. Europe Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 46. Europe Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 47. Europe Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 48. Europe Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 49. Europe Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 50. Europe Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 51. Europe Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 52. Europe Market Attractiveness Analysis By Type, 2024 to 2034

    Figure 53. East Asia Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 54. East Asia Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 55. East Asia Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 57. East Asia Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 58. East Asia Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 59. East Asia Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 60. East Asia Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 61. East Asia Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 62. East Asia Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 63. East Asia Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 64. East Asia Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 65. East Asia Market Attractiveness Analysis By Type, 2024 to 2034

    Figure 66. South Asia & Oceania Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 67. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 68. South Asia & Oceania Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 69. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 70. South Asia & Oceania Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 71. South Asia & Oceania Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 72. South Asia & Oceania Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 73. South Asia & Oceania Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 74. South Asia & Oceania Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 75. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 76. South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 77. South Asia & Oceania Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 78. South Asia & Oceania Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 79. South Asia & Oceania Market Attractiveness Analysis By Type, 2024 to 2034

    Figure 80. MEA Market Value (US$ million) and Volume (Unit) Forecast, 2024 to 2034

    Figure 81. MEA Market Absolute $ Opportunity (US$ million), 2024 to 2034

    Figure 82. MEA Market Value (US$ million) and Volume (Unit) by Country, 2024 & 2034

    Figure 83. MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034

    Figure 84. MEA Market Value (US$ million) and Volume (Unit) By Nature, 2024 & 2034

    Figure 85. MEA Market Y-o-Y Growth Rate By Nature, 2024 to 2034

    Figure 86. MEA Market Value (US$ million) and Volume (Unit) By End use, 2024 & 2034

    Figure 87. MEA Market Y-o-Y Growth Rate By End use, 2024 to 2034

    Figure 88. MEA Market Value (US$ million) and Volume (Unit) By Type, 2024 & 2034

    Figure 89. MEA Market Y-o-Y Growth Rate By Type, 2024 to 2034

    Figure 90. MEA Market Attractiveness Analysis by Country, 2024 to 2034

    Figure 91. MEA Market Attractiveness Analysis By Nature, 2024 to 2034

    Figure 92. MEA Market Attractiveness Analysis By End use, 2024 to 2034

    Figure 93. MEA Market Attractiveness Analysis By Type, 2024 to 2034

    - FAQs -

    What is the soybean by-product market size in 2024?

    The global soybean by-product market is estimated at US$ 57.34 billion in 2024.

    What are the projected sales for soybean by-products by the end of 2034?

    Sales of soybean by-products are projected to reach US$ 101.43 billion by the end of 2034.

    What is the forecasted market trend for soybean by-products?

    The market is forecasted to expand at 5.9% CAGR from 2024 to 2034.

    Who are the key manufacturers of soybean by-products?

    Prominent players in the market are Archer Daniels Midland Company, Alpro, Dean Foods Company, and Northern Soy Inc.

    What are the projections for the market in Japan?

    The market in Japan has been projected to increase at 7.7% CAGR from 2024 to 2034.

    Soybean By-Product Market