Soybean Market | Growth | Trends

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
TABLE OF CONTENTS

Market Snapshot

Study Period:

2015-2024

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR:

3.5 %

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Market Overview

The global soybean consumption expanded at a CAGR of 3.5%, and it is expected to grow further during the forecast period.

The United States, Brazil, Argentina, Canada, Paraguay, and Uruguay are the largest producers and exporters of soybean in the world, accounting for more than 85% of the global production.
For many years, the United States was the world’s major producer and exporter of soybean. However, in recent years, soybean production has increased dramatically in Brazil and Argentina.

Scope of the Report

Soybean is a leguminous vegetable crop grown in tropical and subtropical climates. It is one of the most valuable crops in the world, not only as an oilseed crop and feed for livestock and aquaculture but also as a good source of protein in the human diet and as a biofuel. Soybean contains 20% oil, 36% proteins, 30% carbohydrates, and significant quantities of dietary fiber, minerals, and vitamins.

Geography

North America

United States
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Canada
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Mexico
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Europe

Russia
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Italy
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Ukraine
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Spain
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Asia Pacific

China
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

India
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Japan
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Australia
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

South America

Brazil
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Argentina
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Paraguay
	Production Analysis
	Consumption Analysis Market Value and Price Trend
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Middle East and Africa

South Africa
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Egypt
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

Saudi Arabia
	Production Analysis
	Consumption Analysis
	Import Market Analysis (Volume and Value)
	Export Market Analysis (Volume and Value)
	Price Trend Analysis

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Key Market Trends

The United States Dominates the Global Soybean Production

The United States holds a share of 34.3% in global soybean production, following Brazil and Argentina. Soybean dominates the oilseeds industry in the United States, accounting for more than 80% of the country's production. The major soybean growing areas in the United States are Illinois, Iowa, Indiana, Minnesota, and Nebraska. Soybean is extensively used for food and feed industry, but in the United States, there has been increased demand for biofuel also where soybean oil is used as feedstock. Overall, the increase in demand for high-quality protein and nutritional properties may encourage high soybean production over the forecast period.

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Brazil Dominates the Global Export Market

Brazil is the largest exporter of soybeans (51% of total exports), followed by the United States, Argentina, Paraguay, and Canada. Fall in soybean production in Brazil during 2018—2019 was estimated at 116 million metric tons from 120.8 million metric tons during 2017-2018, and thus, this may result in lower exports of soybean. Expansion of area under soybean cultivation under drought in Brazil may further limit soybean production in the country and thereby exports.

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1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Market Overview
2. 4.2 Introduction to Market Drivers and Restraints
3. 4.3 Market Drivers
4. 4.4 Market Restraints
5. 4.5 Value Chain/Supply Chain Analysis
5. MARKET SEGMENTATION
1. 5.1 Geography
  1. 5.1.1 North America
    1. 5.1.1.1 United States
      1. 5.1.1.1.1 Production Analysis
      2. 5.1.1.1.2 Consumption Analysis
      3. 5.1.1.1.3 Import Market Analysis (Volume and Value)
      4. 5.1.1.1.4 Export Market Analysis (Volume and Value)
      5. 5.1.1.1.5 Price Trend Analysis
    2. 5.1.1.2 Canada
      1. 5.1.1.2.1 Production Analysis
      2. 5.1.1.2.2 Consumption Analysis
      3. 5.1.1.2.3 Import Market Analysis (Volume and Value)
      4. 5.1.1.2.4 Export Market Analysis (Volume and Value)
      5. 5.1.1.2.5 Price Trend Analysis
    3. 5.1.1.3 Mexico
      1. 5.1.1.3.1 Production Analysis
      2. 5.1.1.3.2 Consumption Analysis
      3. 5.1.1.3.3 Import Market Analysis (Volume and Value)
      4. 5.1.1.3.4 Export Market Analysis (Volume and Value)
      5. 5.1.1.3.5 Price Trend Analysis
  2. 5.1.2 Europe
    1. 5.1.2.1 Russia
      1. 5.1.2.1.1 Production Analysis
      2. 5.1.2.1.2 Consumption Analysis
      3. 5.1.2.1.3 Import Market Analysis (Volume and Value)
      4. 5.1.2.1.4 Export Market Analysis (Volume and Value)
      5. 5.1.2.1.5 Price Trend Analysis
    2. 5.1.2.2 Italy
      1. 5.1.2.2.1 Production Analysis
      2. 5.1.2.2.2 Consumption Analysis
      3. 5.1.2.2.3 Import Market Analysis (Volume and Value)
      4. 5.1.2.2.4 Export Market Analysis (Volume and Value)
      5. 5.1.2.2.5 Price Trend Analysis
    3. 5.1.2.3 Ukraine
      1. 5.1.2.3.1 Production Analysis
      2. 5.1.2.3.2 Consumption Analysis
      3. 5.1.2.3.3 Import Market Analysis (Volume and Value)
      4. 5.1.2.3.4 Export Market Analysis (Volume and Value)
      5. 5.1.2.3.5 Price Trend Analysis
    4. 5.1.2.4 Spain
      1. 5.1.2.4.1 Production Analysis
      2. 5.1.2.4.2 Consumption Analysis
      3. 5.1.2.4.3 Import Market Analysis (Volume and Value)
      4. 5.1.2.4.4 Export Market Analysis (Volume and Value)
      5. 5.1.2.4.5 Price Trend Analysis
  3. 5.1.3 Asia Pacific
    1. 5.1.3.1 China
      1. 5.1.3.1.1 Production Analysis
      2. 5.1.3.1.2 Consumption Analysis
      3. 5.1.3.1.3 Import Market Analysis (Volume and Value)
      4. 5.1.3.1.4 Export Market Analysis (Volume and Value)
      5. 5.1.3.1.5 Price Trend Analysis
    2. 5.1.3.2 India
      1. 5.1.3.2.1 Production Analysis
      2. 5.1.3.2.2 Consumption Analysis
      3. 5.1.3.2.3 Import Market Analysis (Volume and Value)
      4. 5.1.3.2.4 Export Market Analysis (Volume and Value)
      5. 5.1.3.2.5 Price Trend Analysis
    3. 5.1.3.3 Japan
      1. 5.1.3.3.1 Production Analysis
      2. 5.1.3.3.2 Consumption Analysis
      3. 5.1.3.3.3 Import Market Analysis (Volume and Value)
      4. 5.1.3.3.4 Export Market Analysis (Volume and Value)
      5. 5.1.3.3.5 Price Trend Analysis
    4. 5.1.3.4 Australia
      1. 5.1.3.4.1 Production Analysis
      2. 5.1.3.4.2 Consumption Analysis
      3. 5.1.3.4.3 Import Market Analysis (Volume and Value)
      4. 5.1.3.4.4 Export Market Analysis (Volume and Value)
      5. 5.1.3.4.5 Price Trend Analysis
  4. 5.1.4 South America
    1. 5.1.4.1 Brazil
      1. 5.1.4.1.1 Production Analysis
      2. 5.1.4.1.2 Consumption Analysis
      3. 5.1.4.1.3 Import Market Analysis (Volume and Value)
      4. 5.1.4.1.4 Export Market Analysis (Volume and Value)
      5. 5.1.4.1.5 Price Trend Analysis
    2. 5.1.4.2 Argentina
      1. 5.1.4.2.1 Production Analysis
      2. 5.1.4.2.2 Consumption Analysis
      3. 5.1.4.2.3 Import Market Analysis (Volume and Value)
      4. 5.1.4.2.4 Export Market Analysis (Volume and Value)
      5. 5.1.4.2.5 Price Trend Analysis
    3. 5.1.4.3 Paraguay
      1. 5.1.4.3.1 Production Analysis
      2. 5.1.4.3.2 Consumption Analysis Market Value and Price Trend
      3. 5.1.4.3.3 Import Market Analysis (Volume and Value)
      4. 5.1.4.3.4 Export Market Analysis (Volume and Value)
      5. 5.1.4.3.5 Price Trend Analysis
  5. 5.1.5 Middle East and Africa
    1. 5.1.5.1 South Africa
      1. 5.1.5.1.1 Production Analysis
      2. 5.1.5.1.2 Consumption Analysis
      3. 5.1.5.1.3 Import Market Analysis (Volume and Value)
      4. 5.1.5.1.4 Export Market Analysis (Volume and Value)
      5. 5.1.5.1.5 Price Trend Analysis
    2. 5.1.5.2 Egypt
      1. 5.1.5.2.1 Production Analysis
      2. 5.1.5.2.2 Consumption Analysis
      3. 5.1.5.2.3 Import Market Analysis (Volume and Value)
      4. 5.1.5.2.4 Export Market Analysis (Volume and Value)
      5. 5.1.5.2.5 Price Trend Analysis
    3. 5.1.5.3 Saudi Arabia
      1. 5.1.5.3.1 Production Analysis
      2. 5.1.5.3.2 Consumption Analysis
      3. 5.1.5.3.3 Import Market Analysis (Volume and Value)
      4. 5.1.5.3.4 Export Market Analysis (Volume and Value)
      5. 5.1.5.3.5 Price Trend Analysis
2. 5.2 PROCUREMENT PREFERENCE MATRIX
6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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