Market Forecast By Applications (Crush, Feed Use, Food Use) And Competitive Landscape
| Product Code: ETC224694 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Tunisia Soybean Market report thoroughly covers the market by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Tunisia Soybean Market is anticipated to grow in the forecast period as Tunisia, located in North Africa, is one of the largest consumers of soybeans in the region. Although agriculture is not a significant contributor to the country's GDP, the Tunisian government has taken several initiatives to promote the growth of this industry. The increasing demand for protein and vegetable oil in the domestic market has led to a rise in the consumption of soybean meal and oil. Additionally, the growing awareness of the health benefits of soybean products has a positive impact on the market.
According to 6Wresearch, the Tunisia Soybean Market size is projected to grow at the CAGR of 5.8 % during the forecast period of 2025-2031. The drivers of the soybean market in Tunisia include increasing population, rising awareness of health and nutrition, and increasing disposable income. Tunisians are consuming more protein as they move towards a more westernized diet, and soybean meal is a cheaper protein source than animal-based feeds. Additionally, soybean oil is a healthier alternative to other vegetable oils, and consumers are increasingly aware of its health benefits. The government has also taken several initiatives to promote the soybean industry by providing incentives to local farmers and allowing imports of high-quality seeds.
One of the biggest drivers of the Tunisia soybean market is demand from key export markets such as the European Union, China, and Turkey. This growth in demand is partially driven by the high quality of Tunisian soybeans, which are known for their low-impurity levels and high protein content. Additionally, government incentives for increased soybean production and favourable climate conditions have contributed to higher yields and greater supply. The major challenges in the Tunisian soybean Industry are price volatility, import dependency, and competition from other protein sources. The price of soybean meal and oil is dependent on international markets, which makes it difficult for local producers to maintain stable prices. Additionally, the country is heavily dependent on imports, which makes the market vulnerable to supply chain disruptions. Moreover, competition from other locally produced protein sources such as fishmeal and poultry waste make the market highly competitive.
The Tunisian government has taken several initiatives to promote the Tunisia Soybean Market Growth. These initiatives include providing incentives to local farmers to produce soybeans, allowing imports of high-quality seeds, and investing in research and development to improve the productivity and quality of local soybean crops. Additionally, the government is working to improve the supply chain infrastructure and reduce import dependency by promoting domestic soybean production.
The key players in the Soybean market in Tunisia are local companies that import and distribute soybean products. Some of the major players include MS Agri, Maxi-Business, and the Tunisian Company for Agricultural Innovation and Development (CIDAT). These companies import soybean products from international markets and supply them to local industries and farmers.
According to Shivankar, Research Manager, 6Wresearch, the crush segment of the Tunisian soybean market is predicted to experience the highest growth rate in the next five years. The increase in demand for biofuels, coupled with the favorable economics associated with producing biodiesel from soybean and easy access to biodiesel production technologies, are driving the growth. Additionally, the huge demand for soybean meal for animal feed due to the amplifying demand for animal protein in the Tunisian market is further increasing the demand for soybean in Tunisia.
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 Tunisia Soybean Market Overview |
| 3.1 Tunisia Country Macro Economic Indicators |
| 3.2 Tunisia Soybean Market Revenues & Volume, 2021 & 2031F |
| 3.3 Tunisia Soybean Market - Industry Life Cycle |
| 3.4 Tunisia Soybean Market - Porter's Five Forces |
| 3.5 Tunisia Soybean Market Revenues & Volume Share, By Applications, 2021 & 2031F |
| 4 Tunisia Soybean Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for soybean products in Tunisia due to changing dietary habits towards healthier options. |
| 4.2.2 Government initiatives to promote soybean cultivation and processing in the country. |
| 4.2.3 Growth in the livestock industry, driving the need for soybean-based animal feed. |
| 4.3 Market Restraints |
| 4.3.1 Reliance on imports for soybeans due to limited domestic production capabilities. |
| 4.3.2 Fluctuating international prices of soybeans impacting the cost for importers. |
| 5 Tunisia Soybean Market Trends |
| 6 Tunisia Soybean Market, By Types |
| 6.1 Tunisia Soybean Market, By Applications |
| 6.1.1 Overview and Analysis |
| 6.1.2 Tunisia Soybean Market Revenues & Volume, By Applications, 2021 - 2031F |
| 6.1.3 Tunisia Soybean Market Revenues & Volume, By Crush, 2021 - 2031F |
| 6.1.4 Tunisia Soybean Market Revenues & Volume, By Feed Use, 2021 - 2031F |
| 6.1.5 Tunisia Soybean Market Revenues & Volume, By Food Use, 2021 - 2031F |
| 7 Tunisia Soybean Market Import-Export Trade Statistics |
| 7.1 Tunisia Soybean Market Export to Major Countries |
| 7.2 Tunisia Soybean Market Imports from Major Countries |
| 8 Tunisia Soybean Market Key Performance Indicators |
| 8.1 Percentage increase in domestic soybean production. |
| 8.2 Adoption rate of soybean processing technologies. |
| 8.3 Percentage growth in soybean-based animal feed production. |
| 8.4 Average price of soybeans in the domestic market. |
| 8.5 Number of government policies supporting the soybean industry. |
| 9 Tunisia Soybean Market - Opportunity Assessment |
| 9.1 Tunisia Soybean Market Opportunity Assessment, By Applications, 2021 & 2031F |
| 10 Tunisia Soybean Market - Competitive Landscape |
| 10.1 Tunisia Soybean Market Revenue Share, By Companies, 2024 |
| 10.2 Tunisia Soybean Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |