Worldwide Soybean Industry to 2027 – Rising Markets for Adhesives, Insecticides, Candles, Printing Inks, Waxes and Plastic are Driving Growth – ResearchAndMarkets.com | Financial Buzz

Worldwide Soybean Industry to 2027 – Rising Markets for Adhesives, Insecticides, Candles, Printing Inks, Waxes and Plastic are Driving Growth – ResearchAndMarkets.com

The “Soybean Market & Volume Global Forecast By Consumption, Production, Import, Export Countries, Company Analysis” report has been added to ResearchAndMarkets.com’s offering.

According to this report the global soybean market was US$ 127.81 Billion in 2020.

Companies Mentioned

  • Kerry Inc
  • Fuji Oil Group
  • House Foods Group Inc
  • CHS Inc
  • Cargill Inc
  • Archer-Daniels-Midland Co

Soybean is a vegetable crop & edible seed of the pea family (Fabaceae). Its scientific name is Glycine max. It is one of the most valuable and inexpensive crops available in the world. Soybean is considered a great source of protein in the human body as it has large nutritional values and contains a significant amount of phytic acid, Vitamin E, and Dietary minerals. Globally, Soybean is premier the most economically important crop; it is not only an oilseed crop and feed for livestock but also ingredients for a lot of chemical products. It has large nutritional values and contains a significant amount of phytic acid, Vitamin E and Dietary minerals. As per the publisher, Global Soybean Market would be US$162.36 Billion by the end of the year 2027.

The global soybean market is majorly being operated and controlled by the crushing industry, where soy meal, soy oil, and other soy products are extracted. The increase in demand for high-quality protein & nutritional properties encourages high soybean production. Some of the factors driving the Soybean market are the rising market for adhesives, insecticides, candles, printing inks, waxes, plastic etc. The rise of the middle-class population and the expansion of urbanization are also boosting the rise of the soybean market.

In the United States, places like Minnesota, Iowa, Indiana, Illinois and Nebraska are the major producer of soybean globally. Americans extensively use soybean for biofuel and feedstock as compared to the food and feed industry. According to the research findings, Global Soybean Industry is expected to grow with a CAGR of 3.48%.

As per consumption, China is the biggest consumer. Soybean is widely used as vegetable oil and has great industrial applications (soy milk, soy flour, soy protein etc.). The spread of COVID-19 and continuous lockdown had a very nominal effect on soy industries. Still, as restaurants were not operating during pandemic, soy oil, one of the main soybean products had faced a significant drop in production and consumption.

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers

4.2 Challenges

5. Global Soybean Market

6. Global Soybean Volume

6.1 Production

6.2 Consumption

6.3 Import

6.4 Export

7. Share Analysis

7.1 Market Share

7.1.1 Consumption by Countries

7.2 Volume Share

7.2.1 Production by Countries

7.2.2 Import by Countries

7.2.3 Export by Countries

8. Country – Global Soybean Market & Volume

8.1 China

8.1.1 Market

8.1.2 Volume

8.2 United States

8.2.1 Market

8.2.2 Volume

8.3 Brazil

8.3.1 Market

8.3.2 Volume

8.4 Argentina

8.4.1 Market

8.4.2 Volume

8.5 European Union

8.5.1 Market

8.5.2 Volume

8.6 India

8.6.1 Market

8.6.2 Volume

8.7 Mexico

8.7.1 Market

8.7.2 Volume

8.8 Others

8.8.1 Market

8.8.2 Volume

9. Producing Country – Global Soybean Volume

9.1 Brazil

9.2 United States

9.3 Argentina

9.4 China

9.5 Paraguay

9.6 India

9.7 Canada

9.8 Others

10. Importing Country – Global Soybean Volume

10.1 China

10.2 European Union

10.3 Mexico

10.4 Egypt

10.5 Argentina

10.6 Thailand

10.7 Japan

10.8 Others

11. Exporting Country – Global Soybean Volume

11.1 Brazil

11.2 United States

11.3 Argentina

11.4 Paraguay

11.5 Canada

11.6 Other

12. Company Analysis

For more information about this report visit https://www.researchandmarkets.com/r/f35tu

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