Market Forecast By Applications (Crush, Feed Use, Food Use) And Competitive Landscape
Product Code: ETC224661 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Report Name | China Soybean Market |
Forecast Period | 2025-2031 |
CAGR | 8.12% |
Growing Sector | Crush and Feed |
The China Soybean Market report thoroughly covers the market by applications and regions. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The China Soybean Market is projected to experience notable growth due to rising demand for soybeans from the animal feed and food processing industries. Soybeans are extensively utilized in China for oil extraction, feed manufacturing, and food products like tofu and soy milk. The nation’s increasing population, alongside growing consumption of protein-rich foods, is fueling the growth of soybean imports and local production. Government policies promoting self-reliance and sustainable farming are further contributing to market development.
Below mentioned are some prominent drivers and their influence to the market dynamics:
Driver | Primary Segments Affected | Why It Matters (Evidence) |
Rising Demand for Animal Feed | Feed Use | China’s expanding livestock industry requires large quantities of soybean meal as a primary protein source for animal nutrition. |
Growth in Food Processing Industry | Food Use | Increasing consumer awareness about health and protein intake boosts demand for soybean-based food products such as tofu, soy milk, and soy protein isolates. |
Import Dependency & Trade Policies | Crush | China mainly relies on USA and Brazil for crush capacity and domestic processing trends. |
Government Support for Agriculture | All Applications | Subsidies and policies aimed at improving soybean yield and reducing import dependence encourage local cultivation and processing investments. |
The China Soybean Market size is projected to grow at a CAGR of 8.12% during the forecast period of 2025-2031. The soybean market in China is driven by rising protein consumption, increasing demand for livestock feed, and expanding use in the food industry. Growth is attributed by increasing domestic crush capacity paired with significant reliance on imports. Further, government policies focused on food security and sustainable farming additionally promote market progress. Altogether, these factors support steady growth, satisfying the demands of China’s expanding population and changing dietary preferences, while addressing supply and environmental sustainability issues.
Below mentioned are some major restraints and their influence to the market dynamics:
Restraint | Primary Segments Affected | What This Means (Evidence) |
Trade Tensions and Tariffs | Import Reliant Crush | The strict policies of trade and high import cost impact the processing industries. |
Land Scarcity & Environmental Concerns | Domestic Production | Limited cultivation land and strict environmental laws hamper the industry growth. |
Volatility in Global Prices | All Applications | changes in global soybean prices affect profit margins of manufacturers. |
Competition from Alternative Proteins | Food Use | Rising interest in alternative plant-based proteins may limit growth in traditional soybean food products. |
Although growth remains strong, the China Soybean Industry faces issues like high import dependence, which exposes it to global supply disruptions and price fluctuations. Domestic production is limited by environmental rules and scarce arable land. In addition, rising competition from other protein sources and persistent trade tensions apply extra pressure on market growth. Together, these challenges must be addressed to ensure sustained development and meet China’s rising demand for soy-based products.
Several prominent trends reshaping the market growth include:
Some prominent investment opportunities in the market include:
Major leading players contributing to China Soyabean Market Growth include:
Company Name | COFCO Corporation |
Established Year | 1949 |
Headquarters | Beijing, China |
Official Website | Click Here |
COFCO Corporation is China’s largest food processing company and a key player in soybean imports, crushing, and downstream processing.
Company Name | Wilmar International Limited |
Established Year | 1991 |
Headquarters | Singapore |
Official Website | Click Here |
Wilmar International is a leading agribusiness group active in soybean crushing and edible oil production serving the Chinese market.
Company Name | Yihai Kerry Arawana Holdings Co., Ltd. |
Established Year | 1993 |
Headquarters | Foshan, China |
Official Website | - |
Yihai Kerry is a major edible oil and soybean processing company catering to the domestic food sector in China.
Company Name | China National Chemical Corporation (ChemChina) |
Established Year | 1984 |
Headquarters | Beijing, China |
Official Website | Click Here |
ChemChina is involved in agrochemicals and soybean cultivation, supporting sustainable farming and input supply.
Company Name | Shandong Jianyuan Food Co., Ltd. |
Established Year | 2002 |
Headquarters | Shandong, China |
Official Website | Click Here |
Shandong Jianyuan specializes in soybean processing and food product manufacturing, focusing on tofu and soy milk production.
According to Chinese Government Data, Numerous attempts have been implemented to augment soybean production and diminish import reliance. The Ministry of Agriculture's Soybean Revitalization Plan advocates for expanded acreage and enhanced yields via subsidies and technological adoption. Moreover, the policies included in the National Food Security Strategy prioritize self-sufficiency and promote investments in domestic crushing infrastructure. Environmental laws are implemented to promote sustainable soybean cultivation techniques.
The China Soybean Market Share is estimated to increase in the coming years. This growth results from increasing protein demand from the expanding middle class and growth in livestock farming. Continued government backing for domestic cultivation and crush capacity will support market expansion. Advances in farming and processing technologies will improve efficiency and product standards. Additionally, changing consumer preferences toward plant-based proteins are expected to open new opportunities for growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the Crush segment holds the largest market share in the China Soybean Market. This dominance is due to the massive demand for soybean oil and meal as raw materials for food processing and animal feed industries, respectively. The expanding edible oil consumption and feed sector in China continue to drive crush volumes.
The report offers a comprehensive study of the subsequent market segments:
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 Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Soybean Market Revenues & Volume, 2021 & 2031F |
3.3 China Soybean Market - Industry Life Cycle |
3.4 China Soybean Market - Porter's Five Forces |
3.5 China Soybean Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 China Soybean Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for soybean products in China due to changing dietary preferences and increasing health awareness |
4.2.2 Growth in livestock farming and poultry industry, driving the demand for soybean meal as animal feed |
4.2.3 Government policies and initiatives to support domestic soybean production and reduce reliance on imports |
4.3 Market Restraints |
4.3.1 Fluctuations in global soybean prices impacting the cost of imports |
4.3.2 Environmental concerns related to soybean cultivation such as deforestation and water usage |
4.3.3 Competition from alternative sources of protein such as pulses and oilseeds |
5 China Soybean Market Trends |
6 China Soybean Market, By Types |
6.1 China Soybean Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 China Soybean Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 China Soybean Market Revenues & Volume, By Crush, 2021-2031F |
6.1.4 China Soybean Market Revenues & Volume, By Feed Use, 2021-2031F |
6.1.5 China Soybean Market Revenues & Volume, By Food Use, 2021-2031F |
7 China Soybean Market Import-Export Trade Statistics |
7.1 China Soybean Market Export to Major Countries |
7.2 China Soybean Market Imports from Major Countries |
8 China Soybean Market Key Performance Indicators |
8.1 Average yield per hectare of soybean cultivation in China |
8.2 Percentage of domestic soybean consumption met by domestic production |
8.3 Adoption rate of sustainable practices in soybean farming |
8.4 Import dependency ratio for soybeans in China |
8.5 Household consumption expenditure on soybean products |
9 China Soybean Market - Opportunity Assessment |
9.1 China Soybean Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 China Soybean Market - Competitive Landscape |
10.1 China Soybean Market Revenue Share, By Companies, 2024 |
10.2 China Soybean Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |