Soybean Processing Market Report 2025

The soybean processing market size has grown strongly in recent years. It will grow from $91.79 billion in 2024 to $99.23 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to industrial revolution impact, protein demand surge, health and nutrition awareness, agricultural policies, economic shifts.

The soybean processing market size is expected to see strong growth in the next few years. It will grow to $139.92 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to growing global population, rise in plant-based alternatives, sustainability initiatives, shift in consumer preferences, international trade dynamics. Major trends in the forecast period include clean label preferences, functional food innovation, advance processing method, sustainable agriculture practices.

The increasing prevalence of obesity is expected to significantly drive growth in the soybean processing market. Obesity, characterized by abnormal or excessive fat accumulation that poses health risks, is a growing concern worldwide. Studies have shown that soybean processing can play a role in obesity prevention and management. For instance, soy protein has been found to reduce body fat formation and improve insulin resistance in experimental models. Additionally, consumption of both black and yellow soybeans has been linked to reductions in obesity induced by high-fat diets through their effects on lipid metabolism. Recent statistics highlight the urgency of addressing obesity; for example, in the UK, approximately 64% of adults aged 18 and over were classified as overweight or living with obesity in the 2022-2023 period, with a notable percentage also categorized as obese. Given that men are more likely to be overweight or obese, the potential for soy products to contribute to healthier dietary habits is particularly relevant. As consumers become more aware of the health implications of obesity and seek dietary solutions to manage weight, the demand for soybean processing and its associated health benefits is likely to grow, propelling the market forward.

The growing awareness of healthy lifestyles is anticipated to significantly boost the soybean processing market. As individuals increasingly recognize the importance of health and wellness, there is a rising demand for nutritious food options, including soy products. These products are well-regarded for their health benefits, such as supporting weight management, reducing cholesterol levels, and promoting heart health. For example, a report from the International Food Information Council revealed that in 2023, 43% of people expressed a desire to lose weight - up from 34% in 2022. Additionally, 39% aimed to enhance their physical appearance and overall energy levels. This shift in consumer mindset towards healthier living is driving interest in soybean processing, as soy is a versatile ingredient rich in protein and essential nutrients. As more consumers seek healthier dietary choices, the soybean processing market is likely to expand, reflecting a broader trend towards nutritious, plant-based foods that support a balanced lifestyle.

Major companies in the soybean processing market are increasingly focusing on innovative product launches, particularly unique processing methods for soya drinks, to enhance quality and sustainability. These methods aim to improve the nutritional profile and taste of soya beverages while minimizing environmental impact. For example, in December 2022, Tetra Pak, a Switzerland-based food packaging and processing company, introduced a groundbreaking whole soya processing method. This method maximizes the nutritional value and usability of soybeans through advanced techniques that enhance flavor and reduce anti-nutritional factors. The process involves cleaning, roasting, and grinding soybeans into a versatile paste or flakes, suitable for applications like soy milk and tofu. By optimizing these processing steps, Tetra Pak's approach not only boosts the efficiency and sustainability of soya production but also helps retain essential nutrients, aligning with the growing consumer demand for healthy and eco-friendly food options. This commitment to innovation positions companies like Tetra Pak at the forefront of the soybean processing market.

Strategic partnerships have become a prevalent approach among major companies in the soybean processing industry, enabling them to offer essential communication services to individuals, businesses, and governments. This collaborative strategy involves leveraging mutual strengths and resources for shared benefits and success. For instance, in September 2023, Bartlett Agri Enterprises Inc., a US-based livestock company, joined forces with POSCO International, a South Korean-based company specializing in international trade. The partnership aims to capitalize on new business opportunities in the soybean processing and grain origination export markets. Through the combined expertise and resources of both entities, they intend to foster growth and sustainability in the agricultural sector.

In January 2023, Cargill Inc., a leading US-based food corporation, completed the acquisition of Owensboro Grain Company LLC for an undisclosed amount. This strategic acquisition aligns with Cargill's objectives to enhance and expand capacity across its North American oilseeds network. The acquisition positions Cargill to meet the increasing demand for oilseeds in sectors such as food, feed, and renewable fuels. Owensboro Grain Company LLC, a US-based producer and supplier, contributes to Cargill's capabilities by providing edible oils, soy products, animal feeds, crude oil, and refined vegetables.

Major companies operating in the soybean processing market include Archer-Daniels-Midland Company, DuPont de Nemours Inc., CHS Inc., The Scoular Company, Fuji Holdings Corporation, Batory Foods Inc., Nutra Food Ingredients LLC, Osage Food Products Inc., Bunge Limited, Cargill Incorporated, Wilmar International Ltd., Kerry Group plc, Crown Soya Protein Group Company, Foodchem International Corporation, Louis Dreyfus Company B.V., AG Processing Inc., Sodrugestvo Group of Companies, Noble Group Limited, Aceitera General Deheza S.A., Marubeni Corporation, Richardson International Limited, COFCO International, J-Oil Mills Inc., Ruchi Soya Industries Limited, The Andersons Inc., Buhler Industries Inc., Clarkson Grain Company Inc., Consolidated Grain and Barge Co., Delong Co. Inc.

Asia-Pacific was the largest region in the soybean processing market in 2024. The regions covered in the soybean processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soybean processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Soybean processing is a systematic procedure involving multiple stages to extract various forms of soybean. This process encompasses cleaning, drying, repeated cleaning, cracking, and dehulling. The processed soybeans undergo drying, roasting, grinding, pressing, and panelling, resulting in versatile products applicable in diverse industries.

The primary categories of soybean processing products include whole soybeans, meal, oil, and other derivatives. Whole soybean foods are derived from the entire soybean, catering to different soybean types, including conventional, genetically modified organisms (GMOs), non-genetically modified organisms (non-GMOs), and organic soybeans. These products are accessible through both online and offline distribution channels, serving various applications such as animal feed, aquafeed, biofuel, food and beverages, personal care, among others. The versatility of soybean processing products makes them integral across multiple industries.

The soybean processing market research report is one of a series of new reports that provides soybean processing market statistics, including soybean processing industry global market size, regional shares, competitors with a soybean processing market share, detailed soybean processing market segments, market trends and opportunities, and any further data you may need to thrive in the soybean processing industry. This soybean processing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The soybean processing market includes revenues earned by entities by preparation and dehulling, extraction, disadvantaging, oil refining and processing, and oleochemicals. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.