| Product Code: ETC4549762 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
China import shipments of soybean derivatives in 2024 continued to show a high level of concentration, with the top exporting countries being Russia, Argentina, Brazil, Denmark, and Ukraine. Despite the negative compound annual growth rate (CAGR) of -22.23% from 2020 to 2024, the year-on-year growth rate in 2024 further declined by -41.92%. This indicates a challenging market environment for soybean derivatives in China, with potential implications for both domestic and international players in the industry.
The China soybean derivatives market is a key component of the country`s agricultural sector, encompassing products such as soybean meal, soybean oil, and soy protein. China is the world`s largest importer of soybeans, with a significant portion being processed into derivatives for animal feed, food consumption, and industrial uses. The market is influenced by factors such as domestic demand for livestock feed, government policies on agricultural imports, and global supply dynamics. China`s growing population and increasing middle-class consumer base are driving demand for soybean derivatives, while fluctuations in global soybean prices and trade tensions with major suppliers like the US can impact market trends. Overall, the China soybean derivatives market plays a crucial role in both the country`s agricultural industry and its broader economic landscape.
The China Soybean Derivatives Market is experiencing significant growth due to the increasing demand for soybean products in various industries such as food and beverages, animal feed, and pharmaceuticals. One of the key trends in the market is the rising preference for non-GMO soybean derivatives, driven by growing health consciousness among consumers. Additionally, the expanding use of soybean derivatives in alternative meat products and plant-based proteins presents lucrative opportunities for market players. With the government`s support for domestic soybean production and processing, there is a favorable environment for both local and international companies to invest in the China Soybean Derivatives Market. Overall, the market is poised for further expansion and innovation, making it an attractive sector for businesses seeking growth opportunities in China.
The China Soybean Derivatives Market faces several challenges, including fluctuating global soybean prices, trade tensions impacting soybean imports, and the need to balance domestic production with imports to meet demand. Additionally, regulatory changes and government policies can impact market dynamics, making it crucial for market participants to stay informed and adaptable. Competition from alternative protein sources and sustainability concerns also pose challenges for the soybean derivatives market in China. Overall, navigating these complexities in a rapidly evolving market environment requires a deep understanding of both domestic and global factors influencing soybean prices and demand, as well as strategic planning to mitigate risks and capitalize on opportunities.
The China Soybean Derivatives Market is primarily driven by factors such as increasing demand for soybean products in various industries including food and beverages, animal feed, and pharmaceuticals. The growing awareness about the health benefits of soy-based products among consumers is also boosting the market growth. Additionally, the government`s support for domestic soybean production and processing, along with favorable trade policies, are contributing to the expansion of the market. Furthermore, the rising disposable income of the population and changing dietary preferences towards plant-based protein sources are further fueling the demand for soybean derivatives in China. Overall, the market is expected to continue its growth trajectory due to these driving factors in the foreseeable future.
The Chinese government has implemented various policies related to the soybean derivatives market to ensure food security and support domestic agriculture. These policies include import tariffs on soybeans to protect domestic farmers, subsidies to encourage soybean planting, and regulations on futures trading to stabilize market prices. Additionally, the government has promoted the development of soybean processing facilities to increase value-added production and reduce reliance on imports. Overall, these policies aim to balance the supply and demand of soybean derivatives, support domestic production, and ensure a stable and sustainable soybean market in China.
The outlook for the China Soybean Derivatives Market appears promising, driven by factors such as increasing demand for soybean products in various industries including food, feed, and pharmaceuticals. China`s growing population and rising disposable incomes are expected to further boost consumption of soybean derivatives. Additionally, the government`s efforts to promote sustainable agricultural practices and increase domestic soybean production could positively impact the market. However, challenges such as trade tensions with major soybean suppliers and fluctuations in global soybean prices may pose risks to the market`s growth trajectory. Overall, the China Soybean Derivatives Market is likely to witness steady expansion in the coming years, supported by evolving consumer preferences and ongoing developments in the agricultural sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Soybean Derivatives Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Soybean Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 China Soybean Derivatives Market - Industry Life Cycle |
3.4 China Soybean Derivatives Market - Porter's Five Forces |
3.5 China Soybean Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Soybean Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 China Soybean Derivatives Market Revenues & Volume Share, By Lecithin Processing, 2021 & 2031F |
4 China Soybean Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plant-based protein products in China |
4.2.2 Growing awareness about the health benefits of soybean derivatives |
4.2.3 Government initiatives to promote domestic soybean production |
4.3 Market Restraints |
4.3.1 Fluctuations in soybean prices in the global market |
4.3.2 Competition from other plant-based protein sources |
4.3.3 Environmental concerns related to soybean cultivation |
5 China Soybean Derivatives Market Trends |
6 China Soybean Derivatives Market, By Types |
6.1 China Soybean Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Soybean Derivatives Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 China Soybean Derivatives Market Revenues & Volume, By Soybean, 2021 - 2031F |
6.1.4 China Soybean Derivatives Market Revenues & Volume, By Soy Meal, 2021 - 2031F |
6.1.5 China Soybean Derivatives Market Revenues & Volume, By Soy Oil, 2021 - 2031F |
6.2 China Soybean Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Soybean Derivatives Market Revenues & Volume, By Feed, 2021 - 2031F |
6.2.3 China Soybean Derivatives Market Revenues & Volume, By Food, 2021 - 2031F |
6.2.4 China Soybean Derivatives Market Revenues & Volume, By Other Industries, 2021 - 2031F |
6.3 China Soybean Derivatives Market, By Lecithin Processing |
6.3.1 Overview and Analysis |
6.3.2 China Soybean Derivatives Market Revenues & Volume, By Water, 2021 - 2031F |
6.3.3 China Soybean Derivatives Market Revenues & Volume, By Acid, 2021 - 2031F |
6.3.4 China Soybean Derivatives Market Revenues & Volume, By Enzyme, 2021 - 2031F |
7 China Soybean Derivatives Market Import-Export Trade Statistics |
7.1 China Soybean Derivatives Market Export to Major Countries |
7.2 China Soybean Derivatives Market Imports from Major Countries |
8 China Soybean Derivatives Market Key Performance Indicators |
8.1 Average selling price of soybean derivatives in China |
8.2 Percentage of soybean derivatives consumed domestically |
8.3 Adoption rate of soybean derivatives in food processing industry |
9 China Soybean Derivatives Market - Opportunity Assessment |
9.1 China Soybean Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Soybean Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 China Soybean Derivatives Market Opportunity Assessment, By Lecithin Processing, 2021 & 2031F |
10 China Soybean Derivatives Market - Competitive Landscape |
10.1 China Soybean Derivatives Market Revenue Share, By Companies, 2024 |
10.2 China Soybean Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |