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The Soybean Processing market is a segment of the Food Processing industry that focuses on the production of soybean-based products. This includes the extraction of oil from soybeans, the production of soybean meal, and the production of other soy-based products such as tofu, tempeh, and soy milk. The market is driven by the increasing demand for plant-based proteins, as well as the growing demand for soy-based products in the food industry.
The production of soybean-based products involves a number of steps, including cleaning, dehulling, cracking, flaking, and grinding. The oil is then extracted from the soybean meal, and the remaining meal is used for animal feed. The oil is further processed to produce a variety of products, such as margarine, shortening, and salad dressings.
Some of the major companies in the Soybean Processing market include Archer Daniels Midland, Bunge, Cargill, and Wilmar International. These companies are involved in the production of soybean-based products, as well as the processing of soybean oil and meal. Show Less Read more