Sep 19, 2023

Key Market Players Key players in the soybean derivatives market include Bunge Ltd., Archer Daniels Midland and Company, Louis Dreyfus Commodities B.V., Cargill Incorporated, Wilmar International Limited, Noble Group Ltd., AG Processing Inc., CHS Inc., DuPont Nutrition and Health, Ruchi Soya Industries Limited, Noble Group Ltd., AG Processing Inc., Gavyadhar Organic Private Limited, and Terra Firma Organic Private Limited. Market Trends and Opportunities Product Innovations: Product innovations are a key trend in the soybean derivatives market, with major companies introducing innovative products to sustain their market position. For example, Marico launched Saffola Soya Bhurji, a ready-to-cook product made from high protein soya, catering to health-conscious consumers. Acquisitions: Companies like Cargill have been expanding their soybean processing facilities through acquisitions. In November 2022, Cargill acquired Owensboro Grain Company to further strengthen its presence in the market. Rising Vegan Population: An increase in the vegan population is expected to drive the growth of the soybean derivatives market. Soybean products are popular among vegans due to their high nutritional value. According to Sentient Media, the global vegan food market grew to $15.77 billion in 2021 from $14.44 billion in 2020. Regional Insights Asia-Pacific: The Asia-Pacific region is expected to be the fastest-growing region in the forecast period. Key Attributes: 3. Soybean Derivatives Market Trends And Strategies 4. Soybean Derivatives Market - Macro Economic Scenario 4.1. COVID-19 Impact On Soybean Derivatives Market 4.2. Ukraine-Russia War Impact On Soybean Derivatives Market 4.3. Impact Of High Inflation On Soybean Derivatives Market 5. Soybean Derivatives Market Size And Growth 5.1. Global Soybean Derivatives Historic Market, 2017-2022, $ Billion 5.1.1. Drivers Of The Market 5.1.2. Restraints On The Market 5.2. Global Soybean Derivatives Forecast Market, 2022-2027F, 2032F, $ Billion 5.2.1. Drivers Of The Market 5.2.2. Restraints On the Market 6. Soybean Derivatives Market Segmentation 6.1. Global Soybean Derivatives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion Soy Oil