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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).
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Graph and download economic data for Global price of Soybean Meal (PSMEAUSDM) from Jan 1990 to Jun 2025 about beans, World, and price.
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Soybean meal prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 255.22 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
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Discover the dynamics affecting soybean meal prices in the agricultural market, including supply and demand, weather, and global trends. Learn how to interpret price charts for strategic decision-making in this essential commodity.
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Soybeans fell to 962.50 USd/Bu on July 31, 2025, down 0.54% from the previous day. Over the past month, Soybeans's price has fallen 6.07%, and is down 5.83% 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.
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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.
Metric | Value |
---|---|
Industry Size (2025E) | USD 103.3 billion |
Industry Value (2035F) | USD 165.3 billion |
CAGR (2025 to 2035) | 4.8% |
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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).
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Graph and download economic data for Global price of Soybean Meal (PSMEAUSDQ) from Q1 1990 to Q1 2025 about beans, World, and price.
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The Soybean Meal Market size was valued at USD 124.96 billion in 2023 and is projected to reach USD 170.05 billion by 2032, exhibiting a CAGR of 4.5 % during the forecasts period. Soybean meal is by product of soybean oil extraction process and widely used as protein supplement in animal feed for livestock, poultry, pigs, and others. Rising consumption of meat, dairy products and poultry is driving growth for soybean meal as it contains high amount of protein and amino acids. Soybean meal has emerged as important ingredient of animal feed in dairy cattle as it increases conjugated linoleic acid levels in the milk which helps to reduce risk of cancer. Increasing number of consumers as well as animal feed producers are looking for non-genetically modified soybean meal that is free of cholesterol and meets biological requirements of metabolism. Recent developments include: In April 2023, CRC purchased soybeans from farmers in Central Kentucky to process in their soybean facility. The facility can process 330 tons of soybeans daily, producing high-protein soybean meal and valuable feed ingredient soybean hulls. This expansion enables CRC to process almost four million bushels of soybeans annually, producing vegetable oil, soybean meal, and hulls for livestock and poultry feed. CRC’s biodiesel refining division is expected to produce up to five million gallons per year. , In March 2022, Perdue AgriBusiness would invest USD 59.1 million to expand its soybean crushing facility in Chesapeake, Virginia. This expansion will increase the production of soybean oil, soybean meal, and hulls. The company currently purchases 80% of Virginia’s soybeans and exports 72 million tons of soybeans annually. The expansion will improve processing capabilities and support local farmers. Perdue AgriBusiness is a subsidiary of Perdue Farms Inc., a large grain company with operations worldwide. , In January 2021, The United Soybean Board partnered with DuPont Nutrition & Biosciences and Soylent for a pilot program to identify sustainably grown soy products. They will use a new label called the Sustainably Grown U.S. Soy mark, ensuring the soy comes from responsible farms. The goal is to improve sustainability in supply chains and offer the mark to other companies. .
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Explore the historical price fluctuations of CBOT soybean meal influenced by weather, global demand, geopolitical events, and trade policies. Delve into trends from the 1970s oil crises to recent market volatility, examining key factors like biodiesel production, livestock industry demand, and global trade dynamics.
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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.
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Global Soybean Meal market size is expected to reach $136.5 billion by 2029 at 6.3%, rising global demand for protein-rich animal feed fuels soybean market growth
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United States - Producer Price Index by Commodity: Processed Foods and Feeds: Soybean Cake, Meal, and Other Byproducts was 138.39900 Index 1982=100 in November of 2021, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Soybean Cake, Meal, and Other Byproducts reached a record high of 220.70000 in January of 2014 and a record low of 62.10000 in June of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Soybean Cake, Meal, and Other Byproducts - last updated from the United States Federal Reserve on August of 2025.
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The global Feed Grade Soybean Meal market size was valued at USD 67.1 billion in 2025 and is projected to reach USD 98.2 billion by 2033, exhibiting a CAGR of 4.8% during the forecast period. The market growth can be attributed to the increasing demand for animal protein, specifically in emerging economies, and the growing adoption of intensive livestock production systems. Rising awareness about the nutritional benefits of soybean meal for livestock, such as its high protein and amino acid content, is further driving market demand. Major market players include ADM, Bunge, AGP, Cargill, Louis Dreyfus Company, Zeeland Farm Services, Hi-Pro Feeds, Vaighai Group, Vijaya, Mukwano Group, Sresta, Luowa, Sodrugestvo, and Wilmar International. The market is segmented by application into ruminants, aquaculture, and others, and by type into below 45%, 45-50%, and above 50%. Geographically, North America, South America, Europe, Middle East & Africa, and Asia Pacific are key regions in the feed-grade soybean meal market. North America and Asia Pacific are expected to remain dominant throughout the forecast period due to the presence of major livestock producers and growing consumer demand for animal protein.
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Explore the factors influencing soybean meal prices in India, including local production, international market trends, and government policies, with insights on how these elements impact the agricultural sector.
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Global Low Temperature Soybean Meal market size 2025 is $19060.1 Million whereas according out published study it will reach to $28375.7 Million by 2033. Low Temperature Soybean Meal market will be growing at a CAGR of 5.1% during 2025 to 2033.
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As of 2023, the global market size for Full Fat Soybean Meal was valued at USD 8.5 billion, and it is projected to reach approximately USD 14.8 billion by 2032, growing at a CAGR of 6.2% during the forecast period. This growth is driven by rising demand for high-protein animal feed and increasing consumer awareness of the nutritional benefits of soybean meal.
One of the primary growth factors for the Full Fat Soybean Meal market is the burgeoning demand for high-quality animal feed. With the global increase in meat consumption, livestock farmers are seeking nutritious feed options that can enhance the growth and health of their animals. Full fat soybean meal is rich in protein and energy, making it an ideal component for animal diets. Moreover, advancements in animal husbandry techniques and the rising global population drive the need for effective and sustainable feed solutions, further bolstering market growth.
Another significant growth driver is the expanding food and beverages sector. Full fat soybean meal is increasingly being incorporated into human food products due to its high nutritional value, including proteins, vitamins, and essential fatty acids. The shift towards plant-based and health-conscious diets has spurred the inclusion of soybean meal in various food applications, such as bakery products, snacks, and meat substitutes. Additionally, the rising prevalence of lifestyle diseases like obesity and diabetes has led consumers to seek out healthier food options, further increasing the demand for soybean-based ingredients.
The growing market for nutritional supplements also contributes to the expansion of the Full Fat Soybean Meal market. As consumers become more health-conscious and aware of the benefits of dietary supplements, there is a rising demand for natural and plant-based ingredients. Full fat soybean meal, with its rich protein content and array of essential nutrients, is being used in the formulation of various health supplements aimed at improving overall health and wellness. This trend is expected to continue, supporting the growth of the market over the forecast period.
From a regional perspective, Asia Pacific holds a significant share of the Full Fat Soybean Meal market. The region's large population, coupled with increasing disposable incomes and changing dietary preferences, drives the demand for high-protein animal feed and soy-based food products. Countries such as China and India are major contributors to the market growth due to their substantial livestock and aquaculture industries. Additionally, government initiatives to promote sustainable agriculture and food security further enhance the market prospects in this region.
The Full Fat Soybean Meal market is segmented by product type into Organic and Conventional. The Organic segment is witnessing substantial growth due to the increasing consumer preference for organic products. Organic full fat soybean meal is produced without synthetic fertilizers, pesticides, or genetically modified organisms, making it an attractive choice for health-conscious consumers. The rising awareness of the environmental and health benefits of organic farming practices is driving the demand for organic soybean meal. Additionally, organic products command higher prices, contributing to the overall market revenue.
Conventional full fat soybean meal, on the other hand, continues to dominate the market owing to its widespread availability and cost-effectiveness. Conventional soybean meal is produced using traditional agricultural practices, which often involve the use of chemical fertilizers and pesticides. Despite the growing interest in organic products, the majority of soybean meal consumed globally is still conventional due to its lower production costs and higher yield. This segment caters to a broad range of applications, from animal feed to food and beverages, thereby maintaining its market dominance.
Innovations in agricultural practices and biotechnology are also influencing the product type segment. The development of high-yield soybean varieties and advancements in crop management techniques are enhancing the efficiency of both organic and conventional soybean production. These innovations are expected to improve the overall quality and yield of full fat soybean meal, thereby contributing to the market growth. Furthermore, collaborations between agricultural research institutions and industry players are driving the adoption of sustainable farming practices, which could benefit both
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The global full-fat soybean meal market is experiencing robust growth, driven by increasing demand from the food and feed industries. The market's expansion is fueled by several factors, including the rising global population, increasing demand for protein-rich diets, and the growing adoption of soybean meal as a cost-effective and nutritious feed ingredient for livestock. The non-GMO segment is witnessing significant traction due to growing consumer preference for organically produced food and feed products, and concerns about the potential health and environmental impacts of genetically modified organisms. Key players in the market, such as Bunge Limited, Cargill Inc., and Archer Daniels Midland Company, are investing heavily in research and development to enhance the quality and functionality of full-fat soybean meal, catering to the specific needs of diverse applications. Geographic expansion into emerging markets, particularly in Asia-Pacific and South America, presents lucrative opportunities for market growth, driven by rising incomes and improving agricultural practices. However, price volatility in soybean prices and potential supply chain disruptions pose challenges to market stability. The market is segmented by application (food industry, feed industry, others) and type (non-GMO and GMO soybean), providing a nuanced understanding of consumer preferences and market dynamics. We project continued steady growth for the full-fat soybean meal market in the coming years. The forecast period (2025-2033) anticipates a compound annual growth rate (CAGR) of approximately 5%, assuming continued growth in the animal feed industry and increasing demand for plant-based protein sources in food products. This projection considers factors such as fluctuating soybean prices, evolving consumer preferences toward sustainability and non-GMO options, and the impact of geopolitical events on global trade. Regional analysis indicates that North America and Asia-Pacific are expected to remain the leading markets, driven by their established agricultural sectors and high demand. However, other regions, especially those in South America and Africa, are poised for growth as their economies develop and agricultural practices improve, increasing the potential for increased soybean production and consumption. Strategic partnerships, mergers, and acquisitions among key players are likely to shape the competitive landscape further, driving innovation and potentially consolidation within the industry.
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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.
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
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The global full-fat soybean meal market is experiencing robust growth, driven by increasing demand from the feed and food industries. The market size in 2025 is estimated at $15 billion, projecting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is primarily fueled by the rising global population, increasing meat consumption, and the expanding livestock industry, particularly in developing economies. The rising awareness of the nutritional benefits of soybean meal, such as its high protein content and essential amino acids, is also contributing to its adoption in various food products. Non-GMO soybean meal is experiencing higher growth rates compared to GMO soybean meal, driven by increasing consumer preference for organic and naturally produced food items. Key applications include animal feed (particularly poultry and swine), food processing (including textured vegetable protein and soy flour), and other niche uses. Geographic expansion is also a significant factor, with developing regions like Asia-Pacific witnessing considerable growth due to expanding livestock farming and rising disposable incomes. However, market growth faces certain restraints. Fluctuations in soybean prices, influenced by weather patterns and global trade policies, can significantly impact profitability. Furthermore, the competition from alternative protein sources, such as pea protein and other plant-based alternatives, poses a challenge to market expansion. Stringent regulatory requirements related to food safety and GMO labeling also impact market dynamics, particularly in developed countries. Despite these challenges, the long-term outlook for the full-fat soybean meal market remains positive, with continued growth anticipated through 2033, driven by the expanding demand from key application sectors and emerging markets. Major players in the market, including Bunge Limited, Cargill Inc., and Archer Daniels Midland Company, are strategically investing in research and development to improve product quality and enhance the market penetration of their offerings.
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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).