Soybeans fell to 1,020.32 USd/Bu on July 21, 2025, down 0.72% from the previous day. Over the past month, Soybeans's price has fallen 3.63%, and is down 8.66% 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 July of 2025.

The Soybean Market report segments the industry into Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report includes Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis. Five-year historical data and forecasts are provided.

In 2024, the global soya bean market decreased by -8.5% to $181.2B, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +2.7% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $204.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The global soybean market was valued at USD 157.60 Billion in 2024 and is expected to grow at a CAGR of 4.10% during the forecast period of 2025-2034 to reach a value of USD 235.54 Billion by 2034. The growing demand for soybeans in food, animal feed, and biofuels has boosted the overall consumption rate.

Key Market Insights

• Asia Pacific has emerged to be the dominant region with a CAGR of 5.3% during the forecast period.
• The rising popularity of plant-based diets has increased soyabean consumption, especially in food products including tofu and soy milk.
• The India soyabean market is projected to register 6.1% CAGR during the forecast period.
• By application, the animal feed segment is expected to register a CAGR of 4.7% during the forecast period.
• By nature, the organic segment is expected to garner a 4.6% CAGR through 2034.

Market Size & Forecast

• Market Size in 2024: USD 157.60 Billion
• Projected Market Size in 2034: USD 235.54 Billion
• CAGR from 2025 to 2034: 4.10%
• Dominant Regional Market: Asia Pacific

Soybeans are rich in protein and oil, driving consumption in health-conscious diets. Additionally, soybean production benefits from technological advancements, favourable trade policies, and increasing plant-based product demand worldwide.

soybean market size & share value predicted to reach USD 232.98 billion by 2032, to grow at a CAGR of 4.6% during the forecast period.

The Soybean Market size was valued at USD 198.12 Million in 2023 and is projected to reach USD 318.14 Million by 2032, exhibiting a CAGR of 7.00 % during the forecast periods. The soybean market plays a pivotal role in global agriculture, driven by its diverse applications in food, feed, and industrial sectors. Key features include its high protein and oil content, making it a staple in animal feed and human diets. Soybeans are processed into oil, meal, and various food products, such as tofu and soy milk. The market is segmented by type (GM and non-GM soybeans) and technology (conventional and advanced breeding techniques). Technological advancements, such as precision farming and biotechnological innovations, enhance yield and quality. The soybean market significantly impacts global food security, economic growth, and sustainable agriculture practices. Its advantages include nutritional benefits, renewable resources, and contributions to biofuel production, which support environmental sustainability. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Increased Demand for the Byproducts of Soybean.

The Soybean Seed Market is segmented by Breeding Technology (Hybrids, Open Pollinated Varieties & Hybrid Derivatives) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of seeds by breeding technology, cultivation mechanism and crop.

The soybean price chart shows the historical prices of soybeans over a given period of time. It provides a visual representation of price movements, allowing users to analyze trends, spot reversals, and identify support and resistance levels. This article discusses the importance of soybeans as an agricultural commodity and how the price of soybeans is influenced by various factors. It also explores different types of price charts, such as candlestick and line charts, and the customization options available

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.

The Soybean Market size was valued at USD 199.63 billion in 2023 and is projected to reach USD 269.85 billion by 2032, exhibiting a CAGR of 4.4 % during the forecasts period. The Soybean Market includes the production, buying, and selling of soybeans, which is a highly useful and nutritious seed that is cultivated to be eaten and as even an oil source. It is used in many ways in the production of tofu, soy milk, and products like soap, margarine, meat substitutes, animal feed, biofuel, and many other industrial uses like making soy-based plastics and cosmetics. Some of the trends anticipated in the market today include high demand for plant protein meals, the growth of soybean food as a source of energy for biodiesel, and third, practice of sustainable farming. Market development is caused by increasing awareness of healthy lifestyles, the increasing popularity of the soy sideline, and the attributes that soybeans possess as a crop. Recent developments include: In November 2023, Cargill’s integrated soybean crush and refined oils facility in Sidney, Ohio wrapped up the expansion and modernization project, which came online in September. This improved facility is intended to serve farmers better and fulfill the growing soy product demands across feed, food, and renewable fuel markets. , In November 2021, Ag Processing, Inc. (AGP) expanded soybean processing in Sergeant Bluff, Iowa, with a USD 72 million investment. The expansion benefited soybean producers in Iowa, South Dakota, Nebraska, and Minnesota by creating better markets for their products. AGP is seeking USD 1.5 million in state and local funding for the project. .

The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.

The market size of branded soya products amounted to ** billion Indian rupees in India in financial year 2020. This was an increase as compared to fiscal year 2015. The market size was estimated to increase to ** billion Indian rupees in fiscal year 2025.

Global Soybean market size is expected to reach $210.62 billion by 2029 at 5.6%, segmented as by conventional, non-gmo soybeans, gmo soybeans

The current market rate for soybeans is influenced by various factors including supply and demand dynamics, weather conditions, global trade policies, and economic indicators. Learn more about how these factors impact soybean prices and why it is important for market participants to stay informed.

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).

The global soybean meal market is projected to grow from USD 103.3 billion in 2025 to USD 165.3 billion by 2035, registering a CAGR of 4.8%. The market expansion is being driven by the increasing demand for protein-rich animal feed and the rising popularity of plant-based diets.

Non-GMO Soybean Market is Projected to reach USD 92.4 Billion by 2034, growing at a CAGR of 3.30% during the forecast period.

Soybeans prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 291.02 USD per metric ton with a minimum of 88 USD per metric ton in October 1960 and a maximum of 737.06 USD per metric ton in June 2022. | TheGlobalEconomy.com

High Oleic Soybean Market Outlook

The global high oleic soybean market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 2.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.7%. The substantial growth of this market can be attributed to the increasing demand for healthier cooking oils and the growing awareness of the benefits associated with high oleic soybean oil. Additionally, advancements in agricultural biotechnology and the rising trend of organic farming are further driving the market expansion.

One of the primary growth factors for the high oleic soybean market is the rising consumer preference for health-promoting food products. High oleic soybean oil, known for its high monounsaturated fat content and low saturated fat levels, offers various health benefits, including reduced risk of heart disease and improved cholesterol levels. This increasing consumer inclination towards healthier cooking oils is propelling the demand for high oleic soybeans, particularly in the food industry. Moreover, the food manufacturing sector's continuous efforts to develop and market functional foods are further contributing to market growth.

Another significant growth driver for this market is the burgeoning application of high oleic soybean oil in the animal feed industry. The incorporation of high oleic soybean oil in animal feed formulations helps in improving the energy content and nutritional value, leading to better animal health and productivity. As the livestock industry continues to expand globally, the demand for high-quality animal feed is rising, which in turn is fueling the growth of the high oleic soybean market. Furthermore, the shifting focus towards sustainable and environment-friendly agricultural practices is expected to bolster the adoption of high oleic soybeans in the animal feed sector.

Technological advancements in agricultural biotechnology have played a crucial role in the development and commercialization of high oleic soybean varieties. Enhanced genetic modification techniques have enabled the production of soybeans with higher oleic acid content, improved yield, and resistance to pests and diseases. These advancements not only ensure a steady supply of high oleic soybeans but also contribute to increased profit margins for farmers. Additionally, the increasing investments in research and development activities aimed at improving high oleic soybean traits are expected to create lucrative opportunities for market growth.

The role of Soybean Seed in the cultivation of high oleic soybeans cannot be overstated. These seeds are specifically bred to produce soybeans with a higher oleic acid content, which is essential for the production of high oleic soybean oil. The quality of the soybean seed directly impacts the yield and quality of the crop, making it a critical factor in the success of high oleic soybean farming. Farmers are increasingly opting for high-quality soybean seeds that promise better resistance to pests and diseases, as well as improved adaptability to various climatic conditions. This focus on superior soybean seed varieties is driving advancements in agricultural biotechnology, as researchers work to develop seeds that can meet the growing demand for high oleic soybeans globally.

Regionally, North America holds a dominant position in the high oleic soybean market, driven by the presence of a well-established agricultural sector and the growing demand for healthier food products. The United States, being one of the largest producers and consumers of soybeans, significantly contributes to the regional market growth. Europe also represents a significant market share due to the rising awareness of the health benefits of high oleic soybean oil and the increasing focus on sustainable farming practices. Additionally, the Asia Pacific region is anticipated to witness substantial growth during the forecast period, attributed to the expanding food processing industry and the rising adoption of high oleic soybean oil in various applications.

Product Type Analysis

The high oleic soybean market is segmented based on product type into conventional high oleic soybean and organic high oleic soybean. Conventional high oleic soybeans are those that are cultivated using traditional farming methods, often involving the use of synthetic fertil

In 2018, United States was Taiwan's largest supplier of soybeans representing a **** percent market share. The total import value of soybeans in Taiwan amounted to over *********** U.S. dollars that year.