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Soybeans fell to 1,003.90 USd/Bu on October 14, 2025, down 0.38% from the previous day. Over the past month, Soybeans's price has fallen 3.73%, but it is still 1.30% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on October of 2025.
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View monthly updates and historical trends for US Soybean Price. from United States. Source: World Bank. Track economic data with YCharts analytics.
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The Soybean Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, and More). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).
This statistic depicts the average annual prices for soybeans from 2014 through 2026*. In 2024, the average price for soybeans stood at 462 nominal U.S. dollars per metric ton.
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The global soybean seed market is experiencing robust growth, projected to reach a substantial market size of approximately $28,500 million by 2033, driven by an estimated CAGR of around 6.8% during the forecast period of 2025-2033. This expansion is primarily fueled by the increasing global demand for soybean-derived products, including edible oils, animal feed, and industrial applications. The growing emphasis on enhancing crop yields and improving the nutritional content of soybeans further stimulates market growth. Key drivers include advancements in agricultural biotechnology, such as the development of genetically modified (GMO) soybean seeds with traits like herbicide tolerance and insect resistance, which significantly improve farming efficiency and reduce crop losses. The rising adoption of precision agriculture techniques and the need for sustainable farming practices also contribute to the demand for high-performance soybean seeds. Furthermore, the expanding role of soybeans in plant-based protein diets is creating new avenues for market expansion. The soybean seed market is characterized by a dynamic competitive landscape with major players like Monsanto (now Bayer), Dupont Pioneer, Syngenta, and Dow, actively investing in research and development to introduce innovative seed varieties. Segmentation reveals that while GMO soybean seeds currently dominate the market due to their perceived advantages in yield and ease of cultivation, non-GMO soybean seeds are also gaining traction, particularly in niche markets and regions with specific regulatory frameworks or consumer preferences for non-genetically modified produce. Geographically, North America, particularly the United States, remains a leading region, owing to its advanced agricultural infrastructure and widespread adoption of modern farming technologies. Asia Pacific, especially China and India, is anticipated to witness significant growth driven by increasing soybean cultivation to meet rising domestic demand for food and feed. Restraints in the market include stringent regulatory approvals for new seed varieties, concerns regarding the environmental impact of certain GMO traits, and fluctuating commodity prices impacting farmer investment decisions.
This statistic shows the leading countries in soybean production worldwide from 2012/13 to 2024/25. From 2015/16 to 2018/2019, the United States was the leading global producer of soybeans with a production volume of ****** million metric tons in 2018/2019. As of 2019, Brazil overtook the United States as the leading soybean-producing country with a production volume of some *** million metric tons in 2023/24. Soybean production Soybeans are among the major agricultural crops sown in the United States, behind only corn. They belong to the oilseed crops category, and the majority of U.S. soybeans are planted in May and early June and are harvested in late September and October. Production practices show that U.S. farmers commonly cultivate soybeans in crop rotation with corn. More than ** percent of soybeans are grown in the upper Midwest. The United States reported Illinois, Iowa, and Minnesota as their leading soybean producing states in 2022. Historical data demonstrates that large-scale soybean production did not commence until the 20th century in the United States. However, the latest statistics illustrate that the acreage of the dominant oilseed crop has expanded rapidly. The certain increase of soybean acreage was supported by several factors, including low production costs and a greater number of 50-50 corn-soybean rotations. Furthermore, soybeans were one of the first crop types that accomplished commercial success as bioengineered crops. The first genetically modified (GM) soybeans were cultivated in the United States in 1996. They possess a gene that confers herbicide resistance.The usage of soybeans ranges from the animal food industry over human consumption to non-food products. The highest percentage of soybeans goes to the animal feed industry. The product portfolio intended for human consumption include products such as soy milk, soy flour or tofu.
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Increasing consumer preference for healthy food and the rising popularity of high oleic soybean oil are some of the major factors driving the market growth. China, the US, and Brazil are currently the major markets for soybean oil.
Soybean Oil Market - Key Insights
Scope of this report
The report provides a detailed analysis of the market by product and geography. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors.
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Market Segmentation
Soybean Oil Market by Product
Conventional soybean oil
Organic soybean oil
Soybean Oil Market by Region
APAC
Europe
MEA
North America
South America
Market Competitive Analysis
The soybean oil market is fragmented, and the degree of fragmentation will remain the same during the forecast period. Because of the various health benefits, the demand for soybean oil has increased across the world. This has compelled vendors in the market to expand their production capacities. Archer Daniels Midland Co., Bunge Ltd., and Cargill Inc. are some of the major market participants.
Though the accelerating growth momentum will offer immense growth opportunities, the increasing taxes on soybean oil will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report provides information on the production, sustainability, and prospects of several companies, including:
Archer Daniels Midland Co.
Bunge Ltd.
Cargill Inc.
DowDuPont Inc.
Louis Dreyfus Co. BV
Soybean Oil Market: Key Drivers and Trends
Soybean oil comprises of a variety of essential fatty acids such as alpha-linolenic acid, linolenic acid, and monounsaturated oleic acid. Omega-fatty acids constitute about 7% of the total acid content in soybean oil. This helps in protecting the cell membranes of skins and eyes. Also, the high concentration of vitamin E in soybean oil protects the skin from damage caused by free radicals and sunburns. Because of such benefits, there is growing popularity of soybean oil among consumers. This coupled with the increasing preference for healthy food ingredients is driving the growth of the global soybean oil market size.
Upcoming soybean oil market trends such as the rising popularity of high oleic soybean oil will also influence market growth.
High oleic soybean oil has more nutritional properties than organic soybean oil.
The oil offers high resistance to oxidation and reduces equipment maintenance operating costs in high-heat applications.
The use of high oleic soybean oil improves the shelf-life of fried food products.
The awareness about the benefits will increase the preference of several end-users to high oleic soybean oil.
During 2019-2023, the market will register a CAGR of around 4%.
Soybean Oil Market: Segmentation by Region
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Countries such as China, India, Japan, and Vietnam are some of the leading consumers of soybean oil in APAC. Over recent years, soybean oil exports from the US to China and South Korea has increased considerably. Several vendors operating in APAC are expanding their capacities by opening new soybean processing plants.
During the forecast period, more than 50% of the overall market growth will originate from APAC. However, the market growth in this region will be slower than the growth of the market in North America.
Soybean Oil Market: Segmentation by Product
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Organic farming requires farmers to rotate crops to control pests and remove unwanted weeds regularly. The challenges associated with large-scale production of organic soybean is driving many farmers to stick to conventional soybean production.
As a result, the conventional soybean oil market size will steadily increase during the forecast period. However, the market’s growth in this segment will be slower than the growth of the market in organic soybean oil market segment.
Soybean Oil Market: Key Highlights of the Report
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the market during the next five years
Precise estimation of the global soybean oil market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Th
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The global soybean seed market is a substantial and dynamic sector, exhibiting consistent growth driven by increasing global demand for soybeans as a crucial protein source for both human consumption and animal feed. The market's expansion is fueled by several key factors, including rising global populations and a corresponding surge in protein demand, the increasing adoption of genetically modified (GM) soybean seeds offering higher yields and pest resistance, and the expanding use of soybeans in biofuel production. Over the forecast period (2025-2033), we anticipate continued growth, albeit at a potentially moderating rate compared to previous years. This moderation might be attributed to factors such as fluctuating commodity prices, increasing input costs for farmers, and the potential for adverse weather conditions impacting crop yields. Major players like Monsanto (now Bayer), DuPont Pioneer, Syngenta, Dow AgroSciences (now Corteva), and Bayer itself are actively engaged in research and development, continuously introducing improved soybean seed varieties. Competition among these companies is intense, driving innovation and improving seed quality, yield, and disease resistance. Market segmentation plays a crucial role in understanding the various facets of this market. While specific segment data is unavailable, we can infer that the market is likely segmented by seed type (conventional, GM, organic), by region (North America, South America, Asia-Pacific, Europe, Africa), and potentially by traits like herbicide tolerance or disease resistance. Regional differences in agricultural practices, consumer preferences, and regulatory frameworks influence market dynamics within each segment. The North American and South American markets are expected to remain dominant, given their significant soybean production capacity. However, growth in regions like Asia-Pacific and Africa is likely to accelerate as demand for protein increases and agricultural practices improve. Overall, while challenges exist, the long-term outlook for the soybean seed market remains positive, driven by fundamental factors that are expected to persist over the next decade.
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The global soybean seed market is a dynamic sector characterized by substantial growth potential. While precise figures for market size and CAGR are unavailable, industry analyses suggest a sizable market valued in the billions, experiencing a compound annual growth rate (CAGR) in the low to mid-single digits over the forecast period (2025-2033). This steady growth is fueled by several key drivers, including the increasing global demand for soybeans as a crucial protein source in animal feed and human consumption, as well as the rising popularity of soy-based biofuels and other products. Technological advancements in seed genetics, such as the development of herbicide-tolerant and high-yielding varieties, further contribute to market expansion. Key players like Monsanto (now part of Bayer), DowDuPont (now Corteva), Syngenta, and Bayer itself dominate the market landscape, continuously investing in research and development to enhance seed quality and broaden their product portfolios. However, challenges such as climate change impacting crop yields, fluctuating commodity prices, and the increasing adoption of sustainable and organic farming practices present potential restraints to market growth. The market segmentation likely includes various seed types categorized by traits (e.g., herbicide tolerance, pest resistance), maturity groups, and geographic regions. Regional differences in agricultural practices and consumer preferences influence market dynamics. North America and South America, being major soybean producers, currently hold significant market share. However, the growth potential in Asia and Africa is substantial, driven by increasing populations and rising demand for protein sources. The historical period (2019-2024) likely saw fluctuations due to factors such as weather patterns and global trade policies. The forecast period (2025-2033) is expected to demonstrate a continuation of steady growth, driven by the factors outlined above, despite the potential influence of geopolitical events and macroeconomic shifts. Effective strategies for market penetration will focus on innovation, strategic partnerships, and catering to the specific demands of diverse regional markets.
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Oilseeds Market Size and Trends
The oilseeds market size is forecast to increase by USD 78 billion, at a CAGR of 4.8% between 2023 and 2028. The market is witnessing significant growth due to the increasing demand for trans-fat-free oils and their applications in various industries, including food and beverages, cosmetics, and pharmaceuticals. Moreover, the beauty and cosmetic industry's growing preference for natural and organic products derived from oilseeds is fueling market growth. However, the market is also facing challenges, such as fluctuations in oilseed crop prices due to a lack of arable land and unfavorable weather conditions, which may impact the supply chain and affect market stability. Additionally, the rising trend of vegetarianism and veganism is driving the demand for plant-based proteins derived from oilseeds, further expanding the market's scope. Overall, the market is expected to continue its growth trajectory, driven by these trends and challenges.
Market Overview
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The market is witnessing significant growth due to the increasing demand for vegetable oil and its derivatives, primarily used for human consumption and as animal feed. Domestic production of oilseeds, such as soybeans and sunflower seeds, is a key focus for farmers to ensure edible oil self-sufficiency. The seed business is thriving, with the adoption of hybrid seeds to enhance crop productivity and improve soil quality through nitrogen restoration. Oilseeds, including sunflower and soybeans, are rich sources of protein, calcium, carbohydrate, ash, and various essential nutrients. Sunflower seeds, in particular, are valued for their oil content, which is rich in monounsaturated and polyunsaturated fatty acids, phytochemicals, flavonoids, and tocopherols. Sunflower oil is also used extensively in the feed industry for producing sunflower meal, a valuable byproduct rich in protein. Climate change and weather changes pose challenges to oilseed production, affecting crop productivity. However, advancements in agricultural technology and practices are helping farmers mitigate these risks. The market is also focusing on producing healthy products free from contamination to cater to the growing demand for high-quality edible oils.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion ' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Type Outlook
Soybean
Sunflower
Cottonseed
Palm kernel
Others
Region Outlook
North America
The U.S.
Canada
South America
Chile
Brazil
Argentina
Europe
U.K.
Germany
France
Rest of Europe
APAC
China
India
Middle East & Africa
Saudi Arabia
South Africa
Rest of the Middle East & Africa
By Type
The soybean segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth due to the increasing demand for Disinfectants, Inks and paints, Plastics and resins, Glycerols, and various other industrial applications. Soybean, Cottonseed, Palm kernel, Groundnut, Rapeseed, Copra, and other Oilseed types are the primary sources of these essential commodities. Crop productivity is influenced by climate change and weather changes, which may impact the availability and price of oilseeds.
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The Soybean segment accounted for USD 147.90 billion in 2018. Food products, such as edible oil, are another major application area for oilseeds. The rising health consciousness among consumers and the demand for nutrient-dense pulp have fueled the demand for oilseeds in the food industry. Phytochemicals like Flavonoids, Tocopherols, Tocotrienols, Phenolic compounds, Polyphenols, vitamins, minerals, and Fiber are some of the essential oil nutrients found in oilseeds, making them an integral part of a healthy diet. Oilseed meal is another valuable byproduct, used as Livestock feeds, Medicines, and Biofuels. Oleochemical and Biotech trait are emerging trends in the oilseed industry, offering opportunities for innovation and growth. Peanut, Sunflower seed, and Vegetable meal are some of the popular oilseed types used in these applications. The growing food demand and the potential of oilseeds as a source of sustainable and renewable resources are expected to drive the market's future growth.
Regional Analysis
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APAC is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market encompasses the pr
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The global soybean milk powder market is experiencing robust growth, driven by increasing consumer demand for plant-based alternatives to dairy milk. Health-conscious consumers are increasingly seeking out soy milk powder as a source of protein and other essential nutrients, while also appreciating its versatility in various applications. The market is segmented by application (drinks, yogurt, ice cream, others) and type (sugar soy milk powder, sugar-free soy milk powder), reflecting diverse consumer preferences and product formulations. The sugar-free segment is anticipated to witness significant growth due to rising health concerns and the increasing prevalence of diabetes. Geographically, North America and Asia Pacific currently hold substantial market shares, owing to established soy-based food industries and strong consumer awareness. However, emerging markets in regions like South America and Africa present considerable growth potential as consumer preferences evolve and distribution channels expand. Key players in the market are investing in research and development to enhance product quality, expand product lines, and improve sustainability practices, further fueling market expansion. Competitive pricing strategies and increased availability across various retail channels are also contributing to market growth. The forecast period (2025-2033) anticipates sustained growth, albeit at a potentially moderating CAGR compared to previous years. This moderation could be attributed to market saturation in certain developed regions and potential price fluctuations in raw materials. Nevertheless, continued innovation, particularly in the development of novel products with enhanced nutritional profiles and functional benefits, should offset this trend. The market's expansion will be further facilitated by the growing adoption of soy milk powder in the food processing industry, particularly within the vegan and vegetarian food sectors. Challenges remain in terms of consumer perceptions regarding the taste and texture of soy milk powder, and manufacturers will need to continue to address these concerns through product improvement and effective marketing strategies. Furthermore, the impact of changing regulatory landscapes and sustainability concerns will necessitate careful navigation by market participants.
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The global genetically modified (GM) soybean seed market is a significant and rapidly evolving sector within the agricultural biotechnology industry. While precise figures for market size and CAGR are not provided, a reasonable estimation, considering the substantial global soybean production and the increasing adoption of GM technology, would place the 2025 market value at approximately $15 billion USD. This represents a considerable increase from the 2019 market value, fueled by several key drivers. These include the rising global demand for soybeans driven by increasing consumption of soy-based products (food, feed, and biofuels), the inherent advantages of GM soybeans such as increased yield, improved pest resistance, and herbicide tolerance, leading to enhanced farm profitability and reduced reliance on chemical pesticides. Furthermore, technological advancements in genetic engineering, focused on developing GM soybeans with improved nutritional profiles and enhanced resilience to climate change, contribute to sustained market growth. Despite these positive factors, potential restraints include regulatory hurdles and public perception concerns surrounding GM technology in certain regions, as well as potential competition from non-GM soybean varieties. Market segmentation plays a crucial role in understanding market dynamics. Major players such as Monsanto (now part of Bayer), Corteva (DowDuPont), Syngenta, and Bayer dominate the market, leveraging their research and development capabilities, extensive distribution networks, and established brand recognition. Regional variations are substantial, with North America and South America currently holding the largest market shares due to extensive GM soybean cultivation. However, the market is experiencing growth in other regions, driven by increasing agricultural modernization and government support for the adoption of biotechnological advancements. The forecast period (2025-2033) anticipates continued growth, fueled by ongoing technological innovation and increasing global demand for sustainable and high-yielding agricultural practices. A conservative CAGR estimate for this period could range between 3-5%, implying a substantial market expansion by 2033.
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The soy sauces market size is expected to grow by USD 6.39 bn and record a CAGR of 4% during 2020-2024.
This post-pandemic global soy sauces market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this soy sauces market analysis report, key drivers such as new product launches have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges that will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Soy Sauces Market Size be in 2020?
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Who are the Key Vendors in the Soy Sauces Market?
The soy sauces market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
ABC USA
Bourbon Barrel Foods LLC
Foshan Haitian Flavoring & Food Co. Ltd.
Jonjee Hi-tech Industrial & Commercial Holding Co. Ltd.
Kikkoman Corp.
Kum Thim Food Industries Sdn Bhd
Lee Kum Kee Co. Ltd.
Otafuku Sauce Co. Ltd.
Yamagen Jouzou Co. Ltd.
YAMASA Corp.
The soy sauces market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This soy sauces market report further entails segmentations by End-user (Foodservice and Retail) and Geography (APAC, North America, Europe, South America, and MEA). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Soy Sauces Market?
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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the soy sauces market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The growing focus on expanding production capabilities will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
68% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for soy sauces market in the region. This report provides estimations of the contribution of all regions to the growth of the soy sauces market size.
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What are the Key Factors Covered in this Soy Sauces Market Report?
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive soy sauces market growth during the next five years
Precise estimation of the soy sauces market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the soy sauces market industry across APAC, North America, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of soy sauces market vendors
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Soy Sauces Market Scope
Report Coverage
Details
Page number
120
Base year
2019
Forecast period
2020-2024
Growth momentum & CAGR
Accelerate at a CAGR of 4%
Market growth 2020-2024
USD 6.39 billion
Market structure
Fragmented
YoY growth (%)
3.34
Regional analysis
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 68%
Key consumer countries
China, Japan, US, South Korea (Republic of Korea), and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
ABC USA, Bourbon Barrel Foods LLC, Foshan Haitian Flavoring & Food Co. Ltd., Jonjee Hi-tech Industrial & Commercial Holding Co. Ltd., Kikko
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Why did the Soybean Oil Price Change in July 2025? In Q2 2025, North America’s soybean oil market showed a consistent upward trend with an average quarter-over-quarter price increase of approximately 3.87%, and the soybean oil spot price reaching USD 1,115 per unit in June.
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According to Cognitive Market Research, the Forage & Crop Seeds Market Size was USD XX Milion in 2024 and is set to achieve a market size of USD XX Million by the end of 2033 growing at a CAGR of XX% from 2025 to 2033.
North America held largest share of XX% in the year 2024
Europe held share of XX% in the year 2024
Asia-Pacific held significant share of XX% in the year 2024
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024
Market Dynamics of Global Forage & Crop Seeds Market
Key Drivers of forage & crop seeds market
The rising demand for fodder crops and animal products is driving the forage and crop seed market
The need for food has increased throughout the world with a huge population and increased consumer income in recent times. Based on consumer demand, milk and milk products are the market leader in the category of livestock products. With increased awareness of milk's health properties and the high demand for protein, there is a rise in the consumption of animal products such as milk and meat globally. The demand for forage seed is being pushed by the high demand for high-quality products, which is also pushing the demand for high-quality feed. Farmers choose high-quality forage for their cows to obtain quality products from them. For instance, with changing production methods and concentration on the forage market as a lucrative area of sales compared to the soybean and corn markets, there are more farmers who now prefer alfalfa forage. Growing alfalfa acres, though, demands being attuned to market conditions, technology needs, and whether the agricultural fields can accommodate a vigorous forage crop. Because of the depressed US corn and soybean futures prices, there are now farmers who opt for alfalfa as a more profitable crop this year. On top of that, contract seeding and harvesting services can be availed in most regions of America. Because of this, farmers do not have to invest too much in alfalfa planting and harvesting equipment; rather, they can outsource them. This would be a factor that could lead to more production of forage crops in the projected period.
Restraints of forage & crop seeds market
Poor weather conditions are restraining the forage and crop seed market
Massive range-land vegetation patterns, quality of forage, quantity and reliability of forage, and water needs for the cultivation of forage crops may all be affected by climate change. The forage crop primary productivity and rangeland primary productivity would be the most apparent effect of climate change. Developing nations are more vulnerable to climate change compared to developed nations. Because their economies are agriculture-dominated, they have warmer average climates, and they lack the resources to introduce newer technology, this situation is conceivable. Furthermore, as a result of managerial apathy, grazing lands colloquially known as "wastelands" on which tree plantations have to be established or can easily be diverted for other purposes have been languishing. Unwanted invasive weed species such as Lantana, Eupatorium, Parthenium, Prosopis juliflora, etc., have critically affected the productivity of numerous grazing pastures. Global differences in rainfall distribution throughout the growing season mean that forage production is expected to be adversely affected. All these factors check the global forage seed market, threatening the growers of foraging. For instance, in 2022, heavy flooding in regions like Pakistan, which experienced over 30% more rainfall than the average monsoon season, destroyed large areas of crop fields. This extreme weather event not only disrupted seed production but also caused a significant loss of forage crops, further hindering the supply chain. These unpredictable weather patterns are making it challenging for seed producers to meet market demands and maintain consistent seed quality, limiting overall market growth. Improved forages allow for increased yields in meat and milk production and improved mitigation and adaptation of livestock systems to climate change, as they are more tolerant to adverse weather conditions such as prolonged droughts. They are also a good strategy for climate change mitigation as they produce more biomass of higher quality and reduce the use of space for growing animal ...
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Corn rose to 411.44 USd/BU on October 14, 2025, up 0.17% from the previous day. Over the past month, Corn's price has fallen 2.79%, but it is still 2.54% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on October of 2025.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2023 |
REGIONS COVERED | North America, Europe, APAC, South America, MEA |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2024 | 3.64(USD Billion) |
MARKET SIZE 2025 | 3.84(USD Billion) |
MARKET SIZE 2035 | 6.5(USD Billion) |
SEGMENTS COVERED | Application, Type, Formulation, End Use, Regional |
COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
KEY MARKET DYNAMICS | rising plant-based protein demand, health consciousness among consumers, increasing vegetarianism and veganism trends, expanding food and beverage applications, advancements in extraction technologies |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | DuPont, The Scoular Company, Fractionated Foods, Kerry Group, Tate & Lyle, Harmless Harvest, Sakata InX, Bunge Limited, Green Plains Inc., Wonderful Company, ADM, Cargill, Eden Foods, Pacific Foods, NOW Foods, Fujioil, Solae LLC, Ruchi Soya Industries |
MARKET FORECAST PERIOD | 2025 - 2035 |
KEY MARKET OPPORTUNITIES | Growing plant-based diet trend, Increased demand for meat alternatives, Expansion in functional food sector, Rising health consciousness among consumers, Innovation in product formulations |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.4% (2025 - 2035) |
In 2024, Chinese exports of trade goods to the United States amounted to about 438.95 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.
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The global Soy Granules market is poised for significant expansion, projected to reach an estimated $3,800 million by 2025, with a robust Compound Annual Growth Rate (CAGR) of 6.5% over the forecast period of 2025-2033. This impressive growth trajectory is fueled by a confluence of escalating consumer demand for plant-based protein alternatives, a heightened awareness of soy's nutritional benefits, and a growing preference for meat substitutes due to health and environmental concerns. The market's expansion is further propelled by the versatility of soy granules, which are increasingly being incorporated into a diverse range of food products, from vegetarian burgers and sausages to savory snacks and ready-to-eat meals. Innovations in processing and product development, including the creation of organic soy granules, are catering to niche market segments and driving consumer adoption. Key drivers such as increasing disposable incomes, shifting dietary patterns in emerging economies, and supportive government initiatives promoting plant-based diets are all contributing to this favorable market outlook. The market's segmentation reveals a strong performance across various applications, with Hypermarkets/Supermarkets emerging as the dominant sales channel, reflecting the broad accessibility of soy granules to mainstream consumers. Departmental Stores also contribute significantly, offering premium and specialized soy-based products. On the product type front, both Organic and Conventional Soy Granules are experiencing steady demand, with organic variants gaining traction among health-conscious and environmentally aware consumers. Geographically, the Asia Pacific region is expected to lead market growth, driven by its large population, rising protein demand, and increasing adoption of Western dietary trends, particularly in China and India. North America and Europe are also substantial markets, characterized by established demand for plant-based foods and continued product innovation. While the market exhibits strong growth potential, restraints such as fluctuating raw material prices and consumer perceptions related to soy allergies or non-GMO concerns need to be strategically managed by industry players. This comprehensive report offers an in-depth analysis of the global Soy Granules market, charting its trajectory from the historical period of 2019-2024 through to an estimated 2025 and projecting its growth until 2033. With a base year of 2025, the forecast period of 2025-2033 is meticulously examined, providing valuable insights for stakeholders. The report's scope encompasses market concentration, key trends, regional dominance, product specifics, driving forces, challenges, emerging trends, growth catalysts, leading players, and significant developments.
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As per Technavio’s market research analysis, the global soy milk and cream market is predicted to grow at a CAGR of around 15% during the forecast period. Soy has various health benefits associated with it and the growing awareness about its well-being among consumers is helping the market for several soy products grow. Soy contains all nine essential amino acids in the ideal ratio for human health and wellness. Soy protein isolates have less cholesterol than animal proteins. Soy also contains phytosterols, which help prevent cholesterol absorption and helps in reducing the risk of heart failure. It also helps increase bone density and is a good source of vitamins such as B6 and B12. Soy is also the main source of minerals such as zinc and iron and contains isoflavones that reduce the risk of breast cancer in women. Moreover, soy products such as soy milk and cream act as a perfect substitute for a high-fat diet and dairy milk. The growing health consciousness among people about soy will increase the sales of soy milk and cream during the forecast period.
APAC is the largest revenue-generating region in the soy milk and cream market and is anticipated to occupy around 44% of the overall market revenue during the forecast period. Much of the region’s growth is driven by the rising number of health-conscious individuals, growing vegan population, and increasing disposable income among consumers. The market is also witnessing a huge demand for lactose-free products such as non-dairy milk and cream from developing countries such as China, India, and Indonesia. The high demand for lactose-free products along with the number of people with lactose indolence is the major cause for the significant need for soy milk and cream in APAC.
Competitive landscape and key vendors
The market is highly fragmented because of the presence of numerous small and large vendors that compete on the basis of factors such as price, quality, innovation, reputation, and distribution. Intense competition prevails in this market owing to rapidly changing consumer demands and preferences. As the market is dominated by existing players, the entry of new players in the market will be low during the predicted period.
Leading vendors in the market are -
Eden Foods
Organic Valley
Pure Harvest
WhiteWave Foods
Other prominent vendors in the soy milk and cream market include American Soy Products, Dean Foods, Hain Celestial, Pacific Natural Foods, Panos Brands, Sanitarium, Stremicks Heritage Foods, SunOpta, and Vitasoy International Holdings.
Segmentation by product and analysis of the soy milk and cream market
Soy milk
Soy cream
Soy milk is the largest product segment in the soy milk and cream market and will continue its dominance by occupying around 85% of the total market share during the forecast period. The primary reason for this segment’s growth is the several health benefits associated with soy milk. Soy milk contains only vegetable proteins and helps in reducing cholesterol. It does not contain hormones or lactose and is rich in isoflavones. Also, it enhances the lipid profile, promotes weight loss as it is lower in sugar content, reduces the risk of prostate cancer, and aids in preventing osteoporosis. Consumers are now significantly opting for soy milk owing to its functional properties such as no fat, no cholesterol, and rich in proteins, which will, in turn, boost the growth of this market segment over the next four years.
Segmentation by distribution channel and analysis of the soy milk and cream market
Hypermarkets and supermarkets
Food specialists
Convenience stores
Online retailers
During 2015, the supermarkets and hypermarkets segment dominated the soy milk and cream market and accounted for around 55% of the total market share. The dominance of this retail format is due to the high level of manufacturers’ dependence on its shelf space. In-store promotions by retailers and price comparisons are some of the primary reasons why consumers prefer hypermarkets and supermarkets for their shopping. Moreover, the growth of organized retail will also significantly contribute to the growth of this segment in the coming years.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global soy milk and cream market?
What are the key market trends impacting the growth of the global soy milk and cream market?
What are the challenges to market growth?
Who are the key vendors in the global soy milk and cream market?
What are the market opportunities and threats faced by the vendors in the global soy milk and cream market?
Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
What are the key outcomes of the five forces analysis of the global soy milk and cream market?
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Soybeans fell to 1,003.90 USd/Bu on October 14, 2025, down 0.38% from the previous day. Over the past month, Soybeans's price has fallen 3.73%, but it is still 1.30% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on October of 2025.