| Product Code: ETC4549768 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Soybean derivatives, including soybean oil, soy protein, and soy lecithin, play a significant role in the Singaporean food industry, serving as essential ingredients in various products such as cooking oils, dairy alternatives, and baked goods. The market for soybean derivatives is driven by consumers` growing interest in plant-based and sustainable food options. Soy-based products are recognized for their versatility and nutritional value, contributing to the market`s expansion. Additionally, soybean derivatives are key components in the production of processed foods, highlighting their importance in the local food manufacturing sector.
The Singapore soybean derivatives market is experiencing steady growth due to the versatile applications of soy-based ingredients. Soy is a rich source of protein, and its derivatives are used in various food products, from tofu and soy milk to meat substitutes and bakery items. The market`s growth is driven by the increasing demand for plant-based and protein-rich foods. As consumers become more health-conscious and environmentally aware, soy-based ingredients are gaining prominence, and they align with the trend towards sustainable and nutritious food choices.
The Singapore Soybean Derivatives Market faces challenges related to market dynamics and sustainability. Soybean derivatives, such as soybean oil and lecithin, are widely used in the food and industrial sectors. However, market dynamics, including price fluctuations and competition, can impact profitability. Additionally, ensuring the sustainability and traceability of soybean derivatives is a growing concern among consumers and stakeholders. Meeting these challenges involves adapting to market fluctuations and implementing sustainable sourcing practices.
The COVID-19 pandemic had a mixed impact on the Singapore soybean derivatives market. While there was increased interest in soy-based products for their nutritional value and versatility, disruptions in supply chains and manufacturing affected the market. Soybean derivatives, including soybean oil and soy protein, saw growing demand in various food and industrial applications. However, the market faced challenges related to sourcing and production during the pandemic.
The Singapore Soybean Derivatives market features companies such as Cargill, Archer Daniels Midland (ADM), and Bunge Limited. They are known for their soybean-derived products, serving a broad range of industries from food to biofuels in Singapore.
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 Singapore Soybean Derivatives Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Soybean Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Soybean Derivatives Market - Industry Life Cycle |
3.4 Singapore Soybean Derivatives Market - Porter's Five Forces |
3.5 Singapore Soybean Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Soybean Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore Soybean Derivatives Market Revenues & Volume Share, By Lecithin Processing, 2021 & 2031F |
4 Singapore Soybean Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness towards health benefits of soybean derivatives |
4.2.2 Growing demand for plant-based protein products |
4.2.3 Expansion of food and beverage industry in Singapore |
4.3 Market Restraints |
4.3.1 Fluctuating prices of soybeans in the global market |
4.3.2 Regulatory challenges related to import/export of soybean derivatives |
4.3.3 Competition from other plant-based protein sources |
5 Singapore Soybean Derivatives Market Trends |
6 Singapore Soybean Derivatives Market, By Types |
6.1 Singapore Soybean Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Soybean Derivatives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Soybean Derivatives Market Revenues & Volume, By Soybean, 2021-2031F |
6.1.4 Singapore Soybean Derivatives Market Revenues & Volume, By Soy Meal, 2021-2031F |
6.1.5 Singapore Soybean Derivatives Market Revenues & Volume, By Soy Oil, 2021-2031F |
6.2 Singapore Soybean Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Soybean Derivatives Market Revenues & Volume, By Feed, 2021-2031F |
6.2.3 Singapore Soybean Derivatives Market Revenues & Volume, By Food, 2021-2031F |
6.2.4 Singapore Soybean Derivatives Market Revenues & Volume, By Other Industries, 2021-2031F |
6.3 Singapore Soybean Derivatives Market, By Lecithin Processing |
6.3.1 Overview and Analysis |
6.3.2 Singapore Soybean Derivatives Market Revenues & Volume, By Water, 2021-2031F |
6.3.3 Singapore Soybean Derivatives Market Revenues & Volume, By Acid, 2021-2031F |
6.3.4 Singapore Soybean Derivatives Market Revenues & Volume, By Enzyme, 2021-2031F |
7 Singapore Soybean Derivatives Market Import-Export Trade Statistics |
7.1 Singapore Soybean Derivatives Market Export to Major Countries |
7.2 Singapore Soybean Derivatives Market Imports from Major Countries |
8 Singapore Soybean Derivatives Market Key Performance Indicators |
8.1 Percentage of food and beverage companies in Singapore incorporating soybean derivatives in their products |
8.2 Growth in the number of health and wellness stores offering soybean derivative products |
8.3 Consumer surveys indicating preference for soybean derivatives as a healthy protein source |
9 Singapore Soybean Derivatives Market - Opportunity Assessment |
9.1 Singapore Soybean Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Soybean Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore Soybean Derivatives Market Opportunity Assessment, By Lecithin Processing, 2021 & 2031F |
10 Singapore Soybean Derivatives Market - Competitive Landscape |
10.1 Singapore Soybean Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Singapore Soybean Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |