Market Forecast By Application (Animal Feed, Food Industry, Beverage, Healthcare Products) And Competitive Landscape
Product Code: ETC385007 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Lebanon Soybean Meal Market Report thoroughly covers the market by application. The Lebanon Soybean Meal Market Outlook report provides an unbiased and detailed analysis of the ongoing Lebanon Soybean Meal Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Lebanon soybean meal market is experiencing growth and is anticipated to accomplish major success in the near future, fueled by the nation's growing need for protein feed. The demand for soybean meal in the nation is high, and it relies on imports from major exporters. Lebanon's strategic location on the Mediterranean Sea also offers an opportunity for it to become a distribution hub.
According to 6Wresearch, the Lebanon Soybean Meal Market size is projected to rise at a CAGR of 5.8% during 2025-2031. The demand for high-quality animal feed is one of the primary drivers of the Lebanon Soybean Meal Market. Lebanon is a country with a high livestock production rate, and the majority of animal feed in the country depends upon the imports from other countries. The import of soybean meal from the United States and Brazil is increasing every year to meet the animal feed requirements of the country. Another driver of the market is the growing awareness among the farmers about the benefits of using soybean meal as a protein supplement in animal feed. These factors are supporting the Lebanon Soybean Meal Market Growth.
One of the significant challenges facing the Lebanon Soybean Meal Market is the availability and cost of soybean meal. The land available for soybean production in the country is minimal, and the high yield of soybeans can only be obtained in specific soil conditions, which Lebanon lacks. The cost of soybean meal is also relatively high due to the importation of soybeans from abroad. The price of soybean meal is, therefore, proportional to other variable factors such as the foreign currency exchange rate.
The Lebanon Soybean Meal Market is getting competitive with the involvement of various players. A few of the significant players in the market are Archer Daniels Midland, Cargill Inc., Bunge North America, Louis Dreyfus Corp, CHS Inc. These companies are involved in producing, processing, and supplying soybean meal across the globe, including Lebanon. Local companies such as Bazerji Foods offer soybean meal in the country.
The Lebanese government encourages the production of soybeans in the country by providing subsidies and exemptions on agro-industrial products. This initiative has attracted farmers to grow soybeans for animal feed in their farms. The government is also providing assistance to the importers of soybean meal by handling the customs clearance procedures, thus, easing the import process. The government further creates awareness among farmers about the need to include soybean meal in animal feed and supports its availability in the country.
According to Ravi Bhandari, Research Head, 6Wresearch, the animal feed segment dominates the Lebanon soybean meal industry, followed by the food industry, beverage, as well as healthcare products. However, the healthcare products segment is evolving as an essential application segment owing to the numerous health benefits associated with soybean meal.
The report provides a detailed analysis of the following 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 Lebanon Soybean Meal Market Overview |
3.1 Lebanon Country Macro Economic Indicators |
3.2 Lebanon Soybean Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Lebanon Soybean Meal Market - Industry Life Cycle |
3.4 Lebanon Soybean Meal Market - Porter's Five Forces |
3.5 Lebanon Soybean Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lebanon Soybean Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lebanon Soybean Meal Market Trends |
6 Lebanon Soybean Meal Market Segmentations |
6.1 Lebanon Soybean Meal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lebanon Soybean Meal Market Revenues & Volume, By Animal Feed, 2021 - 2031F |
6.1.3 Lebanon Soybean Meal Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.1.4 Lebanon Soybean Meal Market Revenues & Volume, By Beverage, 2021 - 2031F |
6.1.5 Lebanon Soybean Meal Market Revenues & Volume, By Healthcare Products, 2021 - 2031F |
7 Lebanon Soybean Meal Market Import-Export Trade Statistics |
7.1 Lebanon Soybean Meal Market Export to Major Countries |
7.2 Lebanon Soybean Meal Market Imports from Major Countries |
8 Lebanon Soybean Meal Market Key Performance Indicators |
9 Lebanon Soybean Meal Market - Opportunity Assessment |
9.1 Lebanon Soybean Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lebanon Soybean Meal Market - Competitive Landscape |
10.1 Lebanon Soybean Meal Market Revenue Share, By Companies, 2024 |
10.2 Lebanon Soybean Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |