Global Soybean Meal Market (2025-2031) | Share, Competition, Competitive, Industry, Drivers, Pricing Analysis, Analysis, Companies, Restraints, Strategic Insights, Size, Strategy, Growth, Consumer Insights, Demand, Supply, Value, Segments, Opportunities, Revenue, Outlook, Forecast, Segmentation, Investment Trends, Trends, Challenges

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Application (Animal Feed, Food Industry, Beverage, Healthcare Products) And Competitive Landscape
Product Code: ETC13284742 Publication Date: Apr 2025 Updated Date: Jul 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 190 No. of Figures: 80 No. of Tables: 40

Global Soybean Meal Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global Soybean Meal Market was valued at USD 85 Billion in 2024 and is expected to reach USD 112 Billion by 2031, growing at a compound annual growth rate of 4.00% during the forecast period (2025-2031).

Global Soybean Meal Market Overview

The Global Soybean Meal Market is experiencing steady growth driven by the increasing demand for protein-rich animal feed and the expanding livestock industry worldwide. Soybean meal, a byproduct of soybean oil extraction, is a key source of protein in animal feed due to its high protein content and amino acid profile. The market is influenced by factors such as fluctuating soybean production, trade policies, feed industry trends, and consumer preferences for meat products. North America and Asia-Pacific are the leading regions in soybean meal production and consumption, with China being the largest importer. The market is also witnessing innovation in feed formulations and production processes to enhance nutritional value and sustainability. Sustainable sourcing practices and technological advancements are expected to shape the future of the global soybean meal market.

Global Soybean Meal Market Trends and Opportunities

The Global Soybean Meal Market is experiencing growth due to the increasing demand for protein-rich animal feed and the expanding livestock industry worldwide. The market is also benefiting from the rising trend of plant-based diets and the growing awareness of the health benefits of soy products. Opportunities in the market include the development of innovative soybean meal products to cater to different animal species and the increasing adoption of soybean meal as a sustainable and environmentally-friendly alternative to traditional animal feed ingredients. Additionally, the increasing use of soybean meal in aquafeed formulations presents a significant growth opportunity for market players. Overall, the Global Soybean Meal Market is poised for continued expansion driven by evolving consumer preferences and the need for high-quality animal nutrition solutions.

Global Soybean Meal Market Challenges

In the Global Soybean Meal Market, challenges include fluctuations in soybean prices due to factors such as weather conditions, trade tensions, and currency fluctuations, which can impact both production costs and selling prices. Additionally, increasing competition from alternative protein sources like pea protein and canola meal poses a threat to the market share of soybean meal. Sustainability concerns related to soybean cultivation, such as deforestation and water usage, are also becoming increasingly important to consumers and could affect demand. Furthermore, regulatory changes regarding genetically modified organisms (GMOs) and trade policies can create uncertainties for soybean meal producers and exporters. To navigate these challenges, companies in the soybean meal market need to adapt by focusing on sustainability, innovation, and diversification of their product offerings.

Global Soybean Meal Market Drivers

The Global Soybean Meal Market is primarily driven by the increasing demand for protein-rich animal feed, particularly in the livestock and poultry industries. As the global population continues to grow, there is a rising need for affordable and high-quality protein sources to meet the growing demand for meat products. Soybean meal, being a cost-effective and sustainable source of protein, is widely used as a key ingredient in animal feed formulations. Additionally, the expanding aquaculture sector is also driving the demand for soybean meal due to its nutritional benefits for fish and shrimp. Furthermore, the increasing awareness about the health benefits of soy products in human diets is also contributing to the growth of the soybean meal market as a versatile ingredient in food products.

Global Soybean Meal Market Government Policy

Government policies related to the global soybean meal market vary by country but commonly include regulations on production, trade, and subsidies. In major soybean producing countries such as the United States, Brazil, and Argentina, government policies often focus on supporting domestic soybean farmers through subsidies, agricultural programs, and trade agreements. Additionally, environmental regulations and sustainability initiatives play a significant role in shaping government policies related to soybean production and processing. Importing countries may also have policies in place to ensure food safety standards are met for soybean meal imports. Overall, government policies in the global soybean meal market aim to balance economic interests with environmental sustainability and food safety concerns.

Global Soybean Meal Market Future Outlook

The Global Soybean Meal Market is projected to experience steady growth in the coming years due to increasing demand for protein-rich animal feed and the rising popularity of plant-based diets. Factors such as population growth, urbanization, and changing dietary preferences are expected to drive the demand for soybean meal, which is a key ingredient in livestock and aquaculture feed. Additionally, the expanding livestock industry in emerging economies and the use of soybean meal in various food products and industrial applications are likely to contribute to market growth. However, challenges such as price volatility, trade tensions, and environmental concerns related to soybean production may impact the market dynamics. Overall, the Global Soybean Meal Market is anticipated to see sustained growth, supported by the increasing awareness of the nutritional benefits of soy products and the growing emphasis on sustainable agriculture practices.

Global Soybean Meal Market Regional Insights

In the global soybean meal market, Asia is the largest region in terms of consumption and production, driven by the high demand for livestock feed in countries like China and India. North America is a key player in soybean meal production, with the United States being the leading producer and exporter. Europe follows closely behind, with countries like Germany and France contributing significantly to the market. The Middle East and Africa region is experiencing a growing demand for soybean meal due to the expanding livestock industry. In Latin America, countries like Brazil and Argentina are major producers and exporters of soybean meal, benefiting from their strong agricultural sectors. Overall, the global soybean meal market is influenced by various regional factors such as consumption patterns, agricultural practices, and trade dynamics.

Key Highlights of the Report:

  • Global Soybean Meal Market Outlook
  • Market Size of Global Soybean Meal Market, 2024
  • Forecast of Global Soybean Meal Market, 2031
  • Historical Data and Forecast of Global Soybean Meal Revenues & Volume for the Period 2021 - 2031
  • Global Soybean Meal Market Trend Evolution
  • Global Soybean Meal Market Drivers and Challenges
  • Global Soybean Meal Price Trends
  • Global Soybean Meal Porter's Five Forces
  • Global Soybean Meal Industry Life Cycle
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Global Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of North America Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of North America Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of North America Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of North America Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of United States of America Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of North America Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of Brazil Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Argentina Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of LATAM Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of China Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of India Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Japan Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Asia Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Egypt Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of United Kingdom Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of France Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Germany Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Europe Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Soybean Meal Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Soybean Meal Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Soybean Meal Market Revenues & Volume By Food Industry for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Soybean Meal Market Revenues & Volume By Beverage for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Soybean Meal Market Revenues & Volume By Healthcare Products for the Period 2021 - 2031
  • Historical Data and Forecast of Saudi Arabia Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of UAE Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Middle East Soybean Meal Market Revenues & Volume for the Period 2021 - 2031
  • Global Soybean Meal Market - Key Performance Indicators
  • Global Soybean Meal Market - Import Export Trade Statistics
  • Global Soybean Meal Market - Opportunity Assessment By Countries
  • Global Soybean Meal Market - Opportunity Assessment By Application
  • 0
  • Global Soybean Meal Market - Top Companies Market Share
  • Global Soybean Meal Market - Top Companies Profiles
  • Global Soybean Meal Market - Comparison of Players in Technical and Operating Parameters
  • Global Soybean Meal Market - Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

The Global Soybean Meal Market size was valued USD 85 Billion in 2024 and is projected to reach USD 112 Billion by 2031.
The expected growth rate of the Global Soybean Meal Market is 4.00% during the forecast period.
6Wresearch actively monitors the Global Soybean Meal Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Global Soybean Meal Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Global Soybean Meal Market

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 Global Soybean Meal Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global Soybean Meal Market Revenues & Volume, 2021 & 2031F

3.3 Global Soybean Meal Market - Industry Life Cycle

3.4 Global Soybean Meal Market - Porter's Five Forces

3.5 Global Soybean Meal Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global Soybean Meal Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Global Soybean Meal Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global Soybean Meal Market Trends

6 Global Soybean Meal Market, 2021 - 2031

6.1 Global Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global Soybean Meal Market, Revenues & Volume, By Animal Feed, 2021 - 2031

6.1.3 Global Soybean Meal Market, Revenues & Volume, By Food Industry, 2021 - 2031

6.1.4 Global Soybean Meal Market, Revenues & Volume, By Beverage, 2021 - 2031

6.1.5 Global Soybean Meal Market, Revenues & Volume, By Healthcare Products, 2021 - 2031

6.2.1 Overview & Analysis

6.3.1 Overview & Analysis

7 North America Soybean Meal Market, Overview & Analysis

7.1 North America Soybean Meal Market Revenues & Volume, 2021 - 2031

7.2 North America Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) Soybean Meal Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada Soybean Meal Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America Soybean Meal Market, Revenues & Volume, 2021 - 2031

7.3 North America Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

8 Latin America (LATAM) Soybean Meal Market, Overview & Analysis

8.1 Latin America (LATAM) Soybean Meal Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil Soybean Meal Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico Soybean Meal Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina Soybean Meal Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM Soybean Meal Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

9 Asia Soybean Meal Market, Overview & Analysis

9.1 Asia Soybean Meal Market Revenues & Volume, 2021 - 2031

9.2 Asia Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India Soybean Meal Market, Revenues & Volume, 2021 - 2031

9.2.2 China Soybean Meal Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan Soybean Meal Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia Soybean Meal Market, Revenues & Volume, 2021 - 2031

9.3 Asia Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

10 Africa Soybean Meal Market, Overview & Analysis

10.1 Africa Soybean Meal Market Revenues & Volume, 2021 - 2031

10.2 Africa Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa Soybean Meal Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt Soybean Meal Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria Soybean Meal Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa Soybean Meal Market, Revenues & Volume, 2021 - 2031

10.3 Africa Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

11 Europe Soybean Meal Market, Overview & Analysis

11.1 Europe Soybean Meal Market Revenues & Volume, 2021 - 2031

11.2 Europe Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom Soybean Meal Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany Soybean Meal Market, Revenues & Volume, 2021 - 2031

11.2.3 France Soybean Meal Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe Soybean Meal Market, Revenues & Volume, 2021 - 2031

11.3 Europe Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

12 Middle East Soybean Meal Market, Overview & Analysis

12.1 Middle East Soybean Meal Market Revenues & Volume, 2021 - 2031

12.2 Middle East Soybean Meal Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia Soybean Meal Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE Soybean Meal Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey Soybean Meal Market, Revenues & Volume, 2021 - 2031

12.3 Middle East Soybean Meal Market, Revenues & Volume, By Application, 2021 - 2031

13 Global Soybean Meal Market Key Performance Indicators

14 Global Soybean Meal Market - Export/Import By Countries Assessment

15 Global Soybean Meal Market - Opportunity Assessment

15.1 Global Soybean Meal Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global Soybean Meal Market Opportunity Assessment, By Application, 2021 & 2031F

16 Global Soybean Meal Market - Competitive Landscape

16.1 Global Soybean Meal Market Revenue Share, By Companies, 2024

16.2 Global Soybean Meal Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

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