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Global Soymeal Market 2017-2021

About Soymeal

Soymeal is generally used in animal feed as a protein supplement. Soymeal is mostly prepared from the residue that is left behind after the extraction of soybean oil. Soymeal is rich in highly digestible protein, and the protein is mainly composed of amino acids, the building blocks of body protein for poultry and livestock. Soymeal is believed to have originated in China about 5,000 years ago. The increasing demand for soymeal from the feed sector is expected to drive the growth of the global soymeal market during the forecast period. The demand for soymeal is expected to remain high during the forecast period.

Technavio’s analysts forecast the global soymeal market to grow at a CAGR of 5.41% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global soymeal market for 2017-2021. To calculate the market size, the report considers the sale of soymeal products to individual consumers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Soymeal Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Archer Daniels Midland
  • Bunge
  • Cargill
  • Wilmar International
Other prominent vendors
  • Gujarat Ambuja Exports
  • Prestige Group of Industries
  • Ruchi Soya Industries
  • SUN AGRI EXPORT
  • Vaighai Agro
  • Vippy Industries
  • Zeeland Farm Services
Market driver
  • Health benefits of soy
  • For a full, detailed list, view our report
Market challenge
  • Ecological disturbance
  • For a full, detailed list, view our report
Market trend
  • Growing demand for organic variants of soy products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Soymeal Market 2017-2021

Technavio recognizes the following companies as the key players in the global soymeal market: Archer Daniels Midland, Bunge, Cargill, and Wilmar International.

Other Prominent Vendors in the market are: Gujarat Ambuja Exports, Prestige Group of Industries, Ruchi Soya Industries, SUN AGRI EXPORT, Vaighai Agro, Vippy Industries, and Zeeland Farm Services.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing demand for organic variants of soy products. Organic products are priced higher in comparison to conventional products. The premium price is due to the comparatively high production and distribution costs as well as consumers’ willingness to pay extra for organic variants. The extra premium cost associated with organic production is passed throughout the supply chain and at last paid by the end-consumer.”

According to the report, one of the major drivers for this market is Health benefits of soy. Soy has several health benefits associated with it, and the increasing awareness about its health benefits among consumers is aiding the market growth. Soy is comprised of 30% carbohydrate, 38% protein, 18% oil, and 14% moisture. It contains all nine essential amino acids, in the ideal ratio for human health and wellbeing. Soy protein isolates contain less cholesterol than animal proteins. Soy also contains phytosterols, which help prevent cholesterol absorption. Soy products thus help in reducing the risk of heart failure. They also help increase bone density and are a good source of vitamins, such as B6 and B12. Soy is also the main source of minerals such as zinc and iron and contains isoflavones that reduce the risk of breast cancer in women. Thus, growing health consciousness among consumers will increase the sales of soymeal during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is Ecological disturbance. Although soymeal provides several nutritional benefits and is a major protein component in animal feed, the increased production of soy has an adverse effect on the environment. The rising demand has led to farmers expanding soy plantations, leading to ecological imbalance. Forests are being cut down to accommodate these plantations. Also, the increasing use of pesticides in soybean fields has contaminated freshwater and groundwater, affecting the health of people and wildlife. These chemicals are a significant source of nutrient pollution in rivers, lakes, and estuaries. The unsustainable water used in the irrigated systems also affects aquifers such as the Ogallala Aquifer in North America.



Companies Mentioned

Archer Daniels Midland, Bunge, Cargill, and Wilmar International. Gujarat Ambuja Exports, Prestige Group of Industries, Ruchi Soya Industries, SUN AGRI EXPORT, Vaighai Agro, Vippy Industries, and Zeeland Farm Services.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Soymeal production process
      • Table Top producers of soymeal 2016
      • Table Top importers of soymeal 2016
  • Market landscape
    • Market overview
      • Table Overview of global soymeal market 2016
    • Global oilseed meals market
      • Table Global oilseed meals market by revenue 2016-2021 ($ billions)
      • Table Global oilseed meals market by volume 2016-2021 (billion tons)
    • Global soymeal market
      • Table Global soymeal market by revenue 2016-2021 ($ billions)
      • Table Global soymeal market by volume 2016-2021 (million tons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global soymeal market by application 2016 and 2021 (% share)
    • Global soymeal market for animal feed
      • Table Global soymeal market for animal feed by volume 2016-2021 (million tons)
      • Table Global soymeal market for animal feed: Product segmentation by volume 2016 (% share)
      • Table Global poultry production 2014-2016 (million tons)
      • Table Global pork production 2015-2017 (million tons)
    • Global soymeal market for human consumption
      • Table Global soymeal market for human consumption by volume 2016-2021 (million tons)
  • Geographical segmentation
    • Table Global soymeal market by geography 2016 and 2021 (% share)
    • Soymeal market in APAC
      • Table Soymeal market in APAC by volume 2016-2021 (million tons)
    • Soymeal market in Americas
      • Table Soymeal market in Americas by volume 2016-2021 (million tons)
    • Soymeal market in EMEA
      • Table Soymeal market in EMEA by volume 2016-2021 (million tons)
  • Key leading countries
    • Table Key leading countries: Market share 2016
    • China
      • Table Soymeal market in China by volume 2016-2021 (million tons)
    • US
      • Table Soymeal market in US by volume 2016-2021 (million tons)
    • Brazil
      • Table Soymeal market in Brazil by volume 2016-2021 (million tons)
    • Vietnam
      • Table Soymeal market in Vietnam by volume 2016-2021 (million tons)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global soy production 2014-2016 (million tons)
      • Table Leading soy-producing countries 2016
      • Table Global urban population 2010-2015 (billions)
    • Market challenges
  • Market trends
    • Growing focus on sustainability
    • Growing demand for organic variants of soy products
    • Growing preference for vegan diet
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors: Benchmarking 2016
  • Key vendor analysis
    • Archer Daniels Midland
      • Table Archer Daniels Midland: Adjusted EBITDA 2015 and 2016 ($ billions)
      • Table Archer Daniels Midland: R&D expenditure 2014-2016 ($ millions)
      • Table Archer Daniels Midland in global soymeal market
    • Bunge
      • Table Bunge: Net sales 2015 and 2016 ($ billions)
      • Table Bunge: Net income 2015 and 2016 ($ millions)
      • Table Bunge: R&D expenditure 2014-2016 ($ millions)
      • Table Bunge in global soymeal market
    • Cargill
      • Table Cargill: Net revenue comparison 2015 and 2016 ($ billions)
      • Table Cargill: Adjusted operating earnings comparison 2015 and 2016 ($ billions)
      • Table Cargill: Geographical segmentation by revenue 2016 (% share)
      • Table Cargill in global soymeal market
    • Wilmar International
      • Table Willmar International: Revenue comparison 2015 and 2016 ($ billions)
      • Table Wilmar International: Net profit 2015 and 2016 ($ millions)
      • Table Wilmar International: Business segmentation by profit before tax (% share)
      • Table Wilmar International in global soymeal market
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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