| Product Code: ETC4549765 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India soybean derivatives market import shipment experienced a negative CAGR from 2020 to 2024. However, there was a significant surge in growth between 2023 and 2024. Despite the overall decline, the market showed a strong momentum towards the end of the period, indicating potential for recovery.
The India Soybean Derivatives Market has experienced substantial growth in recent years, owing to the versatile applications and health benefits of soy-based products. Soybean derivatives, such as soybean oil, soy protein, and soy lecithin, are integral ingredients in a wide range of food and industrial products. The market is primarily driven by the increasing awareness of the health benefits associated with soy consumption, such as being a source of high-quality plant-based protein. Additionally, soybean derivatives are used in food processing, animal feed, and industrial applications, contributing to their widespread adoption. The market is expected to see continued growth as consumers seek healthier food options, and industries recognize the functional and nutritional advantages of soybean derivatives.
The India soybean derivatives market is experiencing growth driven by the versatile use of soy in various food products and the increasing demand for plant-based protein sources. Soybean derivatives, including soybean oil and soy lecithin, are widely used in the food processing industry. The market`s growth is also influenced by the demand for sustainable and environmentally friendly sources of protein.
Market challenges include fluctuations in soybean prices, competition from other plant-based protein sources, and the need for better marketing to promote the benefits of soybean derivatives for both human consumption and industrial applications.
The India soybean derivatives market faced challenges during the pandemic, primarily due to disruptions in the supply chain and logistic issues. The shutdown of restaurants and catering services resulted in a decreased demand for soybean derivatives used in foodservice, while retail sales remained stable. The market had to adapt by focusing on retail packaging and promoting the versatility of soybean derivatives in home cooking.
The India Soybean Derivatives market is led by companies like Ruchi Soya Industries Ltd., Cargill India Pvt. Ltd., and Adani Wilmar Ltd. These companies are significant players in the soybean derivatives industry, producing soybean oil, protein, and other products.
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 India Soybean Derivatives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Soybean Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 India Soybean Derivatives Market - Industry Life Cycle |
3.4 India Soybean Derivatives Market - Porter's Five Forces |
3.5 India Soybean Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Soybean Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Soybean Derivatives Market Revenues & Volume Share, By Lecithin Processing, 2021 & 2031F |
4 India Soybean Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness and demand for plant-based protein sources |
4.2.2 Growing adoption of soybean derivatives in food and beverage industry |
4.2.3 Government initiatives promoting soybean cultivation and processing |
4.3 Market Restraints |
4.3.1 Fluctuating prices of soybeans impacting derivative production costs |
4.3.2 Competition from alternative plant-based protein sources |
4.3.3 Environmental concerns related to soybean cultivation practices |
5 India Soybean Derivatives Market Trends |
6 India Soybean Derivatives Market, By Types |
6.1 India Soybean Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Soybean Derivatives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Soybean Derivatives Market Revenues & Volume, By Soybean, 2021-2031F |
6.1.4 India Soybean Derivatives Market Revenues & Volume, By Soy Meal, 2021-2031F |
6.1.5 India Soybean Derivatives Market Revenues & Volume, By Soy Oil, 2021-2031F |
6.2 India Soybean Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Soybean Derivatives Market Revenues & Volume, By Feed, 2021-2031F |
6.2.3 India Soybean Derivatives Market Revenues & Volume, By Food, 2021-2031F |
6.2.4 India Soybean Derivatives Market Revenues & Volume, By Other Industries, 2021-2031F |
6.3 India Soybean Derivatives Market, By Lecithin Processing |
6.3.1 Overview and Analysis |
6.3.2 India Soybean Derivatives Market Revenues & Volume, By Water, 2021-2031F |
6.3.3 India Soybean Derivatives Market Revenues & Volume, By Acid, 2021-2031F |
6.3.4 India Soybean Derivatives Market Revenues & Volume, By Enzyme, 2021-2031F |
7 India Soybean Derivatives Market Import-Export Trade Statistics |
7.1 India Soybean Derivatives Market Export to Major Countries |
7.2 India Soybean Derivatives Market Imports from Major Countries |
8 India Soybean Derivatives Market Key Performance Indicators |
8.1 Yield per acre of soybean cultivation |
8.2 Percentage of food and beverage companies using soybean derivatives in their products |
8.3 Adoption rate of soybean derivatives in non-food applications such as cosmetics and pharmaceuticals |
9 India Soybean Derivatives Market - Opportunity Assessment |
9.1 India Soybean Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Soybean Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Soybean Derivatives Market Opportunity Assessment, By Lecithin Processing, 2021 & 2031F |
10 India Soybean Derivatives Market - Competitive Landscape |
10.1 India Soybean Derivatives Market Revenue Share, By Companies, 2024 |
10.2 India Soybean Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |