Soybean Derivatives Market Size-By Derivative Type (Soybean Meal, Soybean Oil, Soy Lecithin, Soy Protein Isolate), By End-use (Food and Beverages, Animal Feed, Personal Care and Cosmetics, Pharmaceuticals), Distribution Channel & Forecast, 2023-2032

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Global Soybean Derivatives Market size will expand at 7% CAGR between 2023 and 2032, driven by the growing vegan population worldwide. According to the British daily newspaper The Guardian, the global vegan population is estimated to be approximately 79 million people.

As more individuals embrace veganism, the demand for plant-based alternatives, including soy-based products, will rise substantially. As reported by the Good Food Institute, in 2021, plant-based food sales experienced a growth rate three times higher than that of the general food market. Soybeans are a key ingredient in various vegan foods such as tofu, soy milk, and meat substitutes. This increased demand is likely to stimulate growth in the soybean derivatives market, making it a lucrative sector for investment and innovation.

The overall soybean derivatives market is categorized based on derivatives type, end-use, distribution channel, and region.

The soybean oil segment will record healthy growth between 2023 and 2032. Soybean oil is a versatile cooking oil widely used in households and food processing. The increasing interest in plant-based diets and the growth of the vegan food industry have boosted the demand for soybean oil as a key ingredient. Additionally, its health benefits, including being low in saturated fats and rich in unsaturated fats, have contributed to its rising popularity among health-conscious consumers.

The personal care and cosmetics segment will garner notable gains over 2023-2032. The personal care and cosmetics industry is increasingly turning to soybean derivatives due to their natural and sustainable qualities. Soy-based ingredients offer benefits such as moisturization, skin nourishment, and hair strengthening. Moreover, the rising consumer preference for eco-friendly and cruelty-free products aligns with soy's reputation as a renewable resource. These factors are driving the demand for soybean derivatives in the personal care and cosmetics sector, making them a preferred choice for formulation.

Europe soybean derivatives industry is experiencing robust growth due to a rising demand for plant-based and sustainable products in the region, with consumers seeking alternatives to traditional ingredients. According to GFI Europe's analysis of NielsenIQ retail sales data spanning 13 European nations, the sales of plant-based foods increased by 6% in 2022. Over 2020-2022, there was a remarkable 21% growth in sales, resulting in a total market value of €5.8 billion.

Soybean derivatives are versatile and find applications in food, pharmaceuticals, and cosmetics, catering to diverse market segments. Additionally, increasing awareness of the health benefits associated with soy products is further propelling their popularity, contributing to the industry's high growth across Europe.

Product Code: 6392

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Soybean derivatives industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Derivative type trends
2.4 End-use trends
2.5 Distribution channel trends
2.6 Regional trends

Chapter 3 Soybean Derivatives Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By derivative type
- 3.3.2 By end-use
- 3.3.3 By distribution channel
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war
3.11 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Soybean Derivatives Market Size and Forecast, By Derivative Type 2018 - 2032

5.1 Soybean Meal
5.2 Soybean Oil
5.3 Soy Lecithin
5.4 Soy Protein Isolate
5.5 Others

Chapter 6 Soybean Derivatives Market Size and Forecast, By End-use 2018 - 2032

6.1 Food and Beverages
6.2 Animal Feed
6.3 Personal Care and Cosmetics
6.4 Pharmaceuticals
6.5 Others

Chapter 7 Soybean Derivatives Market Size and Forecast, By Distribution Channel 2018 - 2032

7.1 Supermarkets
7.2 Specialty stores
7.3 Online retail

Chapter 8 Soybean Derivatives Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 Archer Daniels Midland Company (ADM)
9.2 Cargill, Incorporated
9.3 Bunge Limited
9.4 Louis Dreyfus Company (LDC)
9.5 Wilmar International Limited
9.6 CHS Inc.
9.7 AG Processing Inc. (AGP)
9.8 DowDuPont Inc.
9.9 Richardson International Limited
9.10 Kerry Group plc
9.11 Ingredion Incorporated
9.12 Fuji Oil Co., Ltd.
9.13 CHS Inc.
9.14 Blue Diamond Growers
9.15 Scoular Company