Graph and download economic data for Global price of Soybean Meal (PSMEAUSDM) from Jan 1990 to Jun 2025 about beans, World, and price.

Get the latest insights on price movement and trend analysis of Soybean Meal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

View monthly updates and historical trends for Soybean Meal Price (Any Origin). Source: World Bank. Track economic data with YCharts analytics.

Explore the factors influencing soybean meal prices, including global supply dynamics, weather, trade policies, currency fluctuations, and consumption trends, as well as their impact on the agricultural market.

Soybean meal prices in , September, 2025 For that commodity indicator, we provide data from January 1960 to September 2025. The average value during that period was 255.58 USD per metric ton with a minimum of 68.6 USD per metric ton in November 1960 and a maximum of 651.35 USD per metric ton in August 2012. | TheGlobalEconomy.com

Graph and download economic data for Global price of Soybean Meal (PSMEAUSDQ) from Q1 1990 to Q2 2025 about beans, World, and price.

Explore the key factors influencing soybean meal prices in 2023, including supply chain dynamics, global trade, currency rates, and production costs. Understand how these elements impact the critical protein source's price per pound for animal feed industries worldwide.

United States Long Term Projections: Soybean Meal: Soybean Meal Price data was reported at 365.000 USD/lb in 2034. This records an increase from the previous number of 363.000 USD/lb for 2033. United States Long Term Projections: Soybean Meal: Soybean Meal Price data is updated yearly, averaging 357.000 USD/lb from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 452.000 USD/lb in 2022 and a record low of 320.000 USD/lb in 2025. United States Long Term Projections: Soybean Meal: Soybean Meal Price data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

View monthly updates and historical trends for Soybean Meal Futures Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Graph and download economic data for Global price of Soybean Meal (PSMEAUSDA) from 1990 to 2024 about beans, World, and price.

Soybean Meal Market Outlook

The global soybean meal market size was estimated to be approximately USD 46 billion in 2023, and it is projected to reach USD 66 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.0% during the forecast period. This growth is driven by the rising demand for high-protein animal feed and the increasing awareness regarding the nutritional benefits of soybean meal in various applications. As one of the most important sources of plant-based protein, the soybean meal market is buoyed by the growing global population and the consequent increase in demand for food and animal products. Furthermore, the shift towards sustainable and eco-friendly agricultural practices is another factor propelling the market's growth.

One of the primary growth drivers of the soybean meal market is the increasing demand for meat and poultry products, which in turn drives the demand for quality animal feed. As economies across the globe continue to urbanize, there is a noticeable transition in dietary patterns, with a preference for high-protein diets becoming more prevalent. This change is particularly evident in emerging economies, where rising disposable incomes are allowing more people to afford meat products. As a result, the livestock and poultry industries are expanding, necessitating the use of high-quality feeds such as soybean meal to enhance growth rates and improve feed conversion ratios in animals. The nutritional profile of soybean meal, rich in essential amino acids, makes it an indispensable component in animal nutrition.

Another crucial factor contributing to the expansion of the soybean meal market is the growing awareness and acceptance of plant-based proteins in the human diet. With an increasing number of people adopting vegetarian and vegan lifestyles, there is a rising demand for alternative protein sources. Soybean meal, being a cost-effective and protein-rich ingredient, is becoming increasingly popular in the food industry for the production of protein supplements and meat substitutes. Additionally, the pharmaceutical industry is exploring the use of soybean meal derivatives in producing health supplements and nutraceuticals, further opening up new avenues for market growth.

Technological advancements in agricultural practices and processing techniques also play a pivotal role in the growth of the soybean meal market. Innovations such as genetically modified soybeans that offer higher yields and improved resistance to pests and diseases have led to increased production efficiency. Moreover, advancements in processing technologies have enabled the extraction of high-quality protein concentrates from soybean meal, which can be used in a variety of applications. These innovations not only enhance the overall quality of the soybean meal but also help in reducing production costs, making it more accessible to a broader range of consumers.

Regionally, the Asia-Pacific area is poised to dominate the soybean meal market, owing to its large population, rapid urbanization, and increasing consumption of meat and poultry products. Countries like China and India are significant contributors to this growth, driven by their expanding livestock and aquaculture industries. North America and Europe also hold substantial market shares due to their well-established animal husbandry sectors and growing trend towards plant-based diets. The Middle East & Africa and Latin America are expected to witness moderate growth, supported by increasing investments in agriculture and food processing industries. Each region presents unique growth opportunities, as well as challenges, that need to be navigated strategically by market players.

Product Type Analysis

In the soybean meal market, the product type can be broadly categorized into conventional and organic soybean meal. Conventional soybean meal dominates the market due to its widespread use and cost-effectiveness. It is produced using traditional agricultural practices and is an essential component in animal feed formulations. The conventional segment benefits from well-established supply chains and economies of scale, which keep production costs relatively low. However, the segment faces challenges due to concerns about genetically modified organisms (GMOs) and pesticide residues, which have led to a growing demand for organic alternatives.

Organic soybean meal is gaining traction as a result of increasing consumer awareness about health and sustainability. Produced without synthetic fertilizers or pesticides, organic soybean meal is preferred by consumers seeking non-GMO and eco-friendl

Global Soybean Meal Prices - Historical chart and current data through 2025.

The Soybean Meal Market Report is Segmented by Application (Animal Feed, and More) and by Geography (North America, South America, 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).

Explore the historical price trends of soybean meal, a key animal feed component, shaped by global agricultural markets, economic conditions, and technological advancements from the early 2000s to the present, including influences from the global financial crisis and COVID-19 pandemic.

Soybeans fell to 1,042.55 USd/Bu on October 24, 2025, down 0.21% from the previous day. Over the past month, Soybeans's price has risen 2.99%, and is up 5.55% compared to the same time last year, 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.

The global soybean meal market exhibits robust growth, driven by increasing demand from the animal feed industry, particularly in emerging economies experiencing rapid poultry and livestock expansion. The market's significant size, estimated at $50 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $75 billion by 2033. This growth is fueled by several key factors, including rising global meat consumption, the increasing adoption of sustainable and efficient animal farming practices, and the growing use of soybean meal as a protein source in aquaculture. The food-grade segment, although smaller than the industrial grade, is anticipated to witness significant growth due to the rising health consciousness and the demand for plant-based protein sources in human food products. Geographical distribution shows a strong presence in North America and Asia Pacific, with China and the United States being major consumers and producers. However, the market faces certain constraints. Fluctuations in soybean prices, influenced by weather patterns and global trade policies, can significantly impact profitability. Furthermore, the increasing popularity of alternative protein sources, such as pea protein and insect protein, poses a potential threat to soybean meal's market share. Competition among major players, including ADM, Bunge, and AGP, remains intense. To maintain competitiveness, companies are focusing on strategic partnerships, technological advancements in soybean processing, and the development of value-added products. The diversification of applications, expanding into new markets, and investing in sustainable sourcing practices are crucial for long-term success in this dynamic market. Regional variations in growth rates are expected, with developing nations showing faster expansion due to rising disposable incomes and increased protein demand.

China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 2nd Month data was reported at 2,795.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 2,830.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 2nd Month data is updated monthly, averaging 2,968.000 RMB/Ton from Jul 2000 (Median) to Apr 2025, with 298 observations. The data reached an all-time high of 4,924.000 RMB/Ton in Aug 2023 and a record low of 1,406.000 RMB/Ton in Dec 2001. China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 2nd Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 1st Month data was reported at 2,808.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,513.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 1st Month data is updated monthly, averaging 2,984.500 RMB/Ton from Jul 2000 (Median) to Apr 2025, with 298 observations. The data reached an all-time high of 5,086.000 RMB/Ton in Jul 2008 and a record low of 1,350.000 RMB/Ton in Nov 2001. China Settlement Price: Dalian Commodity Exchange: Soybean Meal: 1st Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

Explore the dynamics influencing soybean meal prices per metric ton in October 2023, driven by livestock demand, supply chain factors, economic and climatic variables, and international trade policies. Understand the volatility and regional differences impacting this key agricultural commodity.

The global feed grade soybean meal market is a significant segment within the broader animal feed industry, driven by the increasing demand for animal protein sources globally. The market's expansion is fueled by several factors. Rising global populations necessitate increased meat, poultry, and dairy production, directly correlating to a higher demand for feed grade soybean meal as a primary protein source in animal feed formulations. Furthermore, the nutritional benefits of soybean meal, including its high protein content and essential amino acids, make it a preferred ingredient. Technological advancements in feed processing and formulation are also contributing to market growth, enabling optimized nutrient delivery and improved animal feed efficiency. Finally, the growing awareness of sustainable and efficient farming practices supports the utilization of soybean meal, a relatively sustainable protein source compared to others. However, the market faces certain challenges. Fluctuations in soybean prices, impacted by weather patterns and global supply chain dynamics, directly influence the cost of feed grade soybean meal, impacting its affordability and competitiveness. Moreover, the emergence of alternative protein sources, such as insect-based meals and single-cell proteins, presents competitive pressure. Regulatory changes and concerns regarding genetically modified organisms (GMOs) in soybean production can also create market uncertainties. Despite these restraints, the market is expected to experience robust growth over the forecast period, driven primarily by the undeniable need for affordable and efficient animal feed production to meet rising global protein demands. We estimate a market size of approximately $25 billion USD in 2025, growing at a compound annual growth rate (CAGR) of 5% until 2033.