Soybeans fell to 967.25 USd/Bu on August 8, 2025, down 0.46% from the previous day. Over the past month, Soybeans's price has fallen 4.14%, and is down 3.74% 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 August of 2025.

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.

This statistic depicts the average monthly prices for soybeans from January 2014 through June 2025. In June 2025, the average monthly price for soybeans stood at ****** nominal U.S. dollars per metric ton.

Statistics illustrates monthly prices of soybean oil in the World from January 2019 to June 2025.

This dataset contains Ontario soybean grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from June 2010 to December 2019.

The dataset consists of 4 EXCEL files of 590 data entries. The soybean meal and corn prices in the wholesale markets include the average prices of soybean meal and corn markets nationwide from 2019 to 2022, measured on a weekly, monthly, and quarterly basis. Each entry is expressed in yuan per kilogram, with a total of 239 items for each time scale. The dataset involves processed monthly and quarterly data, with the weekly data retained in their raw form, sourced directly from the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture. The soybean meal and corn prices in the retail markets include the average prices of soybean meal and corn markets nationwide and 29 provinces from 2019 to 2022, measured on a monthly and quarterly basis. Each entry is expressed in yuan per kilogram, with a total of 56 items for each time scale. The dataset involves processed quarterly data, with the monthly data retained in their raw form, sourced directly from the CHINA Animal Veterinary Information Net of the National Animal Husbandry General Station.

This dataset contains Ontario corn prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from June 2010 to December 2019.

Statistics illustrates monthly prices of soybean oil in Southern Europe from January 2019 to June 2025.

Corn fell to 383.01 USd/BU on August 8, 2025, down 0.39% from the previous day. Over the past month, Corn's price has fallen 4.07%, and is down 3.04% compared to the same time last year, 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 August of 2025.

This dataset contains Ontario feed grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from June 2010 to December 2019.

This dataset contains Ontario wheat grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from June 2010 to December 2019.

Statistics illustrates monthly prices of crude soybean oil in Lithuania from January 2019 to July 2025.

This paper uses panel data from 116 prefecture-level cities in China from 2003 to 2019 to study the impact of price and climate factors on soybean planting area and yield per unit area in China. We adopt the panel instrumental variable method to control the endogeneity of the price in the regression and allow possible spatial autocorrelation errors. According to the research results, price is the primary factor affecting soybean production. For every 1% increase in soybean prices, the soybean planting area increases by 1.650%, and the per unit yield decreases by 0.898%. As for fertilizer prices, for every 1% increase in fertilizer prices, the soybean planting area will decrease by 2.616%, and the yield per unit area will increase by 0.819%. At the same time, climate change will also significantly affect soybean production. For every 1 cm increase in precipitation in April and May, the soybean planting area will increase by 0.233% and decrease by 0.172%, respectively. The precipitation increase in June and July can also significantly promote soybean yield. The results demonstrate that because soybean is a shade-loving crop, the increase of growing degree days will hinder the progress of soybean yield.

Russia Avg Producer Price: OKPD2: Food: Soybean Oil Refined: Not Chemical Modification data was reported at 50,742.420 RUB/Ton in Jan 2019. This records an increase from the previous number of 49,233.870 RUB/Ton for Dec 2018. Russia Avg Producer Price: OKPD2: Food: Soybean Oil Refined: Not Chemical Modification data is updated monthly, averaging 47,719.160 RUB/Ton from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 53,170.520 RUB/Ton in Mar 2017 and a record low of 42,117.150 RUB/Ton in Aug 2017. Russia Avg Producer Price: OKPD2: Food: Soybean Oil Refined: Not Chemical Modification data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB002: Average Producer Price: Food.

Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Maranhão data was reported at 169.300 BRL in 02 May 2025. This records an increase from the previous number of 166.020 BRL for 25 Apr 2025. Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Maranhão data is updated daily, averaging 125.270 BRL from May 2017 (Median) to 02 May 2025, with 417 observations. The data reached an all-time high of 219.800 BRL in 03 Jun 2022 and a record low of 54.200 BRL in 21 Jun 2019. Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Maranhão data remains active status in CEIC and is reported by National Supply Company. The data is categorized under Brazil Premium Database’s Prices – Table BR.PA083: Agricultural Prices: CONAB: Average Weekly Prices: Wholesale: Soybean Oil. [COVID-19-IMPACT]

Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Santa Catarina data was reported at 142.950 BRL in 02 May 2025. This records an increase from the previous number of 142.730 BRL for 25 Apr 2025. Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Santa Catarina data is updated daily, averaging 109.100 BRL from May 2017 (Median) to 02 May 2025, with 388 observations. The data reached an all-time high of 199.600 BRL in 27 May 2022 and a record low of 54.240 BRL in 26 Jul 2019. Agricultural Prices: Average Weekly Prices: Wholesale: Refined Soy Oil: 20 Units: Santa Catarina data remains active status in CEIC and is reported by National Supply Company. The data is categorized under Brazil Premium Database’s Prices – Table BR.PA083: Agricultural Prices: CONAB: Average Weekly Prices: Wholesale: Soybean Oil. [COVID-19-IMPACT]

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Soybean Derivatives Market Size 2025-2029

The soybean derivatives market size is forecast to increase by USD 134.5 billion, at a CAGR of 7.2% between 2024 and 2029.

The market is experiencing significant growth due to the rising demand from lactose-intolerant and vegan consumers for alternative sources of protein. These consumers are increasingly turning to soybean derivatives, such as soy protein isolates and textured vegetable protein, as substitutes for dairy and meat products. Additionally, the animal feed industry is a major consumer of soybean derivatives, with soybean meal being a primary source of protein for livestock. However, the market faces challenges from the presence of soybean substitutes, such as pea and sunflower protein, which offer similar nutritional benefits. These substitutes are gaining popularity due to their lower environmental impact and potential for higher yields. Soybean derivatives, such as soy milk and tofu, are popular alternatives to dairy products and meat, respectively
Furthermore, the volatility of soybean prices and trade policies, such as tariffs and quotas, can significantly impact the market's dynamics. Companies in the market must navigate these challenges by focusing on product innovation, sustainability, and supply chain efficiency to remain competitive. Additionally, the use of soybeans in animal feed is another growth factor. For instance, developing new applications for soybean derivatives in the food and beverage industry, improving production processes to reduce waste and increase yields, and exploring new markets and partnerships can help companies capitalize on market opportunities and mitigate risks.

What will be the Size of the Soybean Derivatives Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market encompasses a wide range of applications and products, from soybean yield optimization and hull applications to soy meal composition and protein concentrates. Soybean cultivation practices continue to evolve, with a focus on disease management and sustainability practices. In the realm of product development, soybean ingredient innovation is driving the creation of new grades of soy lecithin and protein isolates. In the food industry, soy derivatives are used as functional ingredients in various applications, including baked goods, beverages, and processed food.
Soybean pest resistance and environmental footprint are also critical factors influencing market dynamics. As the demand for sustainable and high-performing soybean derivatives continues to grow, so too will the innovation and collaboration within the industry. Industry collaborations and regulatory compliance are shaping the soybean industry landscape, with a growing emphasis on traceability systems and GMO labeling. Additionally, the market is expanding in sectors such as biodiesel due to the renewable nature of soy oil and its potential to reduce greenhouse gas emissions.

How is this Soybean Derivatives Industry segmented?

The soybean derivatives industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Soy oil
  Soy milk
  Soy protein
  Others


Distribution Channel

  Offline
  Online


Application

  Food and beverage
  Animal feed
  Others


Geography

  North America

    US
    Canada
    Mexico


  APAC

    China
    India
    Indonesia
    Japan


  South America

    Argentina
    Brazil
    Colombia


  Rest of World (ROW)

By Type Insights

The soy oil segment is estimated to witness significant growth during the forecast period. Soybean oil, derived from soybean processing, is a popular choice for health-conscious consumers due to its nutritional benefits. Rich in unsaturated fats, essential fatty acids, and vitamin E, soybean oil is a preferred cooking oil for various applications, including frying, sautéing, baking, and salad dressings. The environmental sustainability of soybean cultivation and the versatility of soybean derivatives have contributed to their increasing use in various industries. Soybean-based ingredients, such as soybean flakes, grits, and meal, have gained popularity in the animal feed industry due to their high nutritional value and protein content. Soybean meal is a valuable byproduct of soybean oil refining and is a primary source of protein for livestock. It is used as an emulsifier and stabilizer in various industries, including food, pharmaceuticals, and cosmetics.

Soybean sustainability is a critical concern for consumers and manufacturers alike, leading to an increased focus on sustainable sourcing and production practice

This paper uses panel data from 116 prefecture-level cities in China from 2003 to 2019 to study the impact of price and climate factors on soybean planting area and yield per unit area in China. We adopt the panel instrumental variable method to control the endogeneity of the price in the regression and allow possible spatial autocorrelation errors. According to the research results, price is the primary factor affecting soybean production. For every 1% increase in soybean prices, the soybean planting area increases by 1.650%, and the per unit yield decreases by 0.898%. As for fertilizer prices, for every 1% increase in fertilizer prices, the soybean planting area will decrease by 2.616%, and the yield per unit area will increase by 0.819%. At the same time, climate change will also significantly affect soybean production. For every 1 cm increase in precipitation in April and May, the soybean planting area will increase by 0.233% and decrease by 0.172%, respectively. The precipitation increase in June and July can also significantly promote soybean yield. The results demonstrate that because soybean is a shade-loving crop, the increase of growing degree days will hinder the progress of soybean yield.

Statistics illustrates consumption, production, prices, and trade of Soybean Oil in Guinea from Jan 2019 to May 2025.

Indonesia Retail Price: Food Crops: Imported Soybean: West Bangka Regency data was reported at 9,000.000 IDR/kg in 20 Aug 2019. This stayed constant from the previous number of 9,000.000 IDR/kg for 19 Aug 2019. Indonesia Retail Price: Food Crops: Imported Soybean: West Bangka Regency data is updated daily, averaging 9,000.000 IDR/kg from May 2013 (Median) to 20 Aug 2019, with 147 observations. The data reached an all-time high of 9,000.000 IDR/kg in 20 Aug 2019 and a record low of 9,000.000 IDR/kg in 20 Aug 2019. Indonesia Retail Price: Food Crops: Imported Soybean: West Bangka Regency data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PC002: Daily Retail Price: By Regency and Municipality: Food Crops.