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    Organic Soybean Market

    ID: MRFR/F-B & N/2864-CR
    89 Pages
    Pradeep Nandi
    September 2017

    Organic Soybean Market Research Report By Application (Crush, Food Use, Feed Use), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035

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    Organic Soybean Market Infographic
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    Organic Soybean Market Summary

    As per MRFR analysis, the Organic Soybean Market Size was estimated at 1.688 USD Billion in 2024. The Organic Soybean industry is projected to grow from 1.9 in 2025 to 6.203 by 2035, exhibiting a compound annual growth rate (CAGR) of 12.56 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Organic Soybean Market is experiencing robust growth driven by sustainability and health trends.

    • Sustainable farming practices are increasingly adopted across the Organic Soybean Market, particularly in North America.
    • The demand for plant-based products is rising, with food use segments showing the fastest growth in Asia-Pacific.
    • Expansion of distribution channels is facilitating greater access to organic soybeans, enhancing market penetration.
    • Consumer health awareness and regulatory support for organic farming are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 1.688 (USD Billion)
    2035 Market Size 6.203 (USD Billion)
    CAGR (2025 - 2035) 12.56%

    Major Players

    Bunge Limited (US), Cargill, Incorporated (US), Archer Daniels Midland Company (US), Nutrien Ltd. (CA), Olam International Limited (SG), SunOpta Inc. (CA), Organic Valley (US), Horizon Organic (US)

    Organic Soybean Market Trends

    The Organic Soybean Market is currently experiencing a notable transformation, driven by increasing consumer awareness regarding health and sustainability. This shift in consumer preferences appears to be influencing agricultural practices, as more farmers are adopting organic methods to meet the rising demand. The market seems to be characterized by a growing emphasis on environmentally friendly farming techniques, which not only enhance soil health but also contribute to biodiversity. As a result, the Organic Soybean Market is likely to witness a surge in production, as stakeholders recognize the potential benefits of organic cultivation. Furthermore, the expansion of distribution channels, including online platforms, is facilitating greater access to organic products, thereby broadening the consumer base. In addition to changing consumer preferences, the Organic Soybean Market is also influenced by regulatory frameworks that promote organic farming. Governments around the world are increasingly implementing policies that support organic agriculture, which may lead to enhanced market stability. This regulatory support, combined with the rising popularity of plant-based diets, suggests that the Organic Soybean Market could continue to grow in the coming years. The interplay between consumer demand, agricultural practices, and regulatory measures indicates a dynamic market landscape that is poised for further development. Stakeholders in this sector must remain vigilant to adapt to these evolving trends and capitalize on emerging opportunities.

    Sustainable Farming Practices

    The Organic Soybean Market is witnessing a shift towards sustainable farming practices. Farmers are increasingly adopting methods that prioritize environmental health, such as crop rotation and reduced chemical usage. This trend not only enhances soil quality but also aligns with consumer preferences for eco-friendly products.

    Rising Demand for Plant-Based Products

    There is a growing consumer inclination towards plant-based diets, which is positively impacting the Organic Soybean Market. As more individuals seek alternatives to animal products, the demand for organic soybeans as a protein source is likely to increase, driving market growth.

    Expansion of Distribution Channels

    The Organic Soybean Market is experiencing an expansion in distribution channels, particularly through online platforms. This development facilitates easier access to organic products for consumers, potentially broadening the market reach and enhancing sales opportunities.

    Organic Soybean Market Drivers

    Consumer Health Awareness

    The increasing awareness of health and wellness among consumers appears to be a pivotal driver for the Organic Soybean Market. As individuals become more conscious of their dietary choices, the demand for organic products, including soybeans, has surged. Reports indicate that organic food sales have seen a steady rise, with the organic soybean segment contributing significantly to this growth. This trend is likely fueled by the perception that organic soybeans are healthier and free from harmful pesticides and chemicals. Consequently, consumers are gravitating towards organic soy products, which are often associated with better nutritional profiles. This heightened health consciousness is expected to continue influencing purchasing decisions, thereby propelling the Organic Soybean Market forward.

    Environmental Sustainability Concerns

    Concerns regarding environmental sustainability are increasingly influencing consumer choices, thereby impacting the Organic Soybean Market. As awareness of climate change and ecological degradation grows, consumers are more inclined to support sustainable agricultural practices. Organic soybeans, which are cultivated without synthetic fertilizers and pesticides, are perceived as a more environmentally friendly option. This perception is likely to drive demand for organic soy products, as consumers seek to minimize their ecological footprint. Additionally, the Organic Soybean Market may benefit from initiatives aimed at promoting sustainable farming practices, as these align with the values of environmentally conscious consumers.

    Regulatory Support for Organic Farming

    Regulatory frameworks that support organic farming practices are likely to bolster the Organic Soybean Market. Various governments have implemented policies aimed at promoting organic agriculture, which includes financial incentives, subsidies, and certification programs. These initiatives not only encourage farmers to transition to organic methods but also enhance consumer trust in organic products. For instance, the establishment of stringent organic certification standards ensures that consumers receive high-quality products. As a result, the Organic Soybean Market may experience increased production levels and a broader consumer base, as more farmers adopt organic practices in response to favorable regulations.

    Growing Vegan and Vegetarian Populations

    The rise in vegan and vegetarian populations is likely to serve as a catalyst for the Organic Soybean Market. As more individuals adopt plant-based diets for ethical, environmental, or health reasons, the demand for organic soy products is expected to escalate. Soybeans are a primary source of plant-based protein, making them an essential component of many vegan and vegetarian diets. Market data suggests that the plant-based food sector is experiencing rapid growth, with organic soy products playing a crucial role in this trend. This shift in dietary preferences may lead to increased sales and a broader acceptance of organic soybeans, further solidifying their position in the market.

    Technological Advancements in Agriculture

    Technological innovations in agriculture are poised to transform the Organic Soybean Market. Advances in precision farming, biotechnology, and sustainable agricultural practices are enabling farmers to enhance yields while maintaining organic standards. For example, the use of data analytics and smart farming techniques allows for more efficient resource management, which can lead to higher productivity in organic soybean cultivation. Furthermore, these technologies may help mitigate challenges such as pest management and soil health, which are critical for organic farming. As these advancements become more widespread, they could significantly impact the Organic Soybean Market by increasing supply and improving the overall quality of organic soybeans.

    Market Segment Insights

    Organic Soybean Application Insights

    The Organic Soybean market segmentation, based on application includes crush, food use, feed use. The feed use segment held the majority share in 2022 in the organic soybean market data Demand for organic meat products is growing more quickly in the market. To produce organic meat, it is necessary to organic feed and pet food to animals. Hence, the growing demand of high quality organic meat would in turn fuel the growth of the organic soybean market.

    Figure 1: Organic Soybean Market, by Distribution Channel, 2022 & 2030 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Organic Soybean Market

    Regional Insights

    North America : Market Leader in Organic Soybeans

    North America is the largest market for organic soybeans, accounting for approximately 60% of the global market share. The region benefits from increasing consumer demand for organic products, supported by favorable regulations and government incentives promoting organic farming. The U.S. and Canada are the primary contributors, with a growing trend towards sustainable agriculture driving market expansion. The competitive landscape is characterized by major players such as Bunge Limited, Cargill, and Archer Daniels Midland Company, which dominate the market. These companies are investing in innovative farming practices and supply chain improvements to enhance product quality and availability. The presence of established organic brands like Organic Valley and Horizon Organic further strengthens the market position in North America.

    Europe : Emerging Organic Market Dynamics

    Europe is witnessing a significant rise in organic soybean consumption, holding approximately 25% of the global market share. The demand is driven by increasing health consciousness among consumers and stringent EU regulations promoting organic farming practices. Countries like Germany and France are leading the market, supported by government initiatives aimed at enhancing organic agriculture. The competitive landscape features key players such as Olam International and SunOpta, which are expanding their operations in Europe. The market is also characterized by a growing number of local organic producers, contributing to a diverse supply chain. The European market is expected to continue its upward trajectory as consumer preferences shift towards organic products, supported by regulatory frameworks that encourage sustainable practices.

    Asia-Pacific : Rapid Growth in Organic Sector

    The Asia-Pacific region is emerging as a significant player in the organic soybean market, accounting for about 10% of the global share. The growth is fueled by rising health awareness and increasing disposable incomes, particularly in countries like China and India. Government policies promoting organic farming and reducing chemical usage are also contributing to market expansion. Key players in this region include Nutrien Ltd. and Olam International, which are actively investing in organic farming initiatives. The competitive landscape is evolving, with local producers gaining traction in the market. As consumer demand for organic products continues to rise, the Asia-Pacific region is poised for substantial growth in the organic soybean sector, driven by both domestic and export markets.

    Middle East and Africa : Untapped Organic Potential

    The Middle East and Africa region is gradually developing its organic soybean market, currently holding around 5% of the global share. The growth is primarily driven by increasing awareness of health benefits associated with organic products and a shift towards sustainable agricultural practices. Countries like South Africa are leading the way, supported by government initiatives aimed at promoting organic farming. The competitive landscape is still in its nascent stages, with a few key players beginning to establish their presence. Local producers are starting to emerge, focusing on organic farming to meet the growing demand. As the region continues to develop its agricultural policies and infrastructure, the organic soybean market is expected to expand significantly in the coming years, tapping into both local and international markets.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Organic Soybean market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, mergers and acquisitions, contractual agreements, increased investments, and collaboration with other organizations. Competitors in the organic soybean industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    One of the primary business strategies adopted by manufacturers in the organic soybean industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, organic soybean industry has provided medicine with some of the most significant benefits. The Organic Soybean market major player such as Carlsberg Group, Accolade Wines, Diageo Plc., Heineken Holding Nv, Beam-Suntory, Constellation Brands, Anheuser Busch InBev.

    The Archer-Daniels-Midland Company, also known as ADM, is an American multinational corporation established in 1902 with its corporate headquarters in Chicago, Illinois. ADM announced plans to enlarge its North Dakota, U.S., soybean crushing and refining facility in May 2021. The purpose of this plant is to boost oil output. The market structure is moderately consolidated, with a few corporations controlling a sizeable portion of it. For further market consolidation, the main corporations, including Associated British Foods, plc, Bunge, and Cargill, Inc., are concentrating on strategic alliances, mergers & acquisitions, and new product introductions.

    The market's growth is fueled by the competition that has been significantly increased by introducing specialty players.

    CHS Inc.'s Fortune 500 secondary cooperative owners include thousands of preferred stockholders, farmers, ranchers, and US agricultural cooperatives. CHS is a Minnesota-based company that owns and manages several food processing, farm supply, financial services, retail, and wholesale enterprises. 0 174 September 19, 2019, CHS Inc. (NASDAQ: CHSCP) disclosed plans for a sizable refurbishment at its soybean processing facility in Fairmont, Minnesota. Expanding the production of highly sought-after soy-based food and feed additives will improve market access for local soybean growers and provide its owners with a return on their investment.

    Key Companies in the Organic Soybean Market market include

    Industry Developments

    In 2023: Soni Soya Products Pvt. Ltd. launched a new range of organic soy protein isolates and concentrates, targeting the growing demand for plant-based protein ingredients in the food and beverage industry.

    August 2021: Archer Daniels Midland Company and Marathon Petroleum Corp. launched a joint venture to generate soybean oil to meet the growing demand for sustainable diesel fuel.

    September 2021: The latest soybean processor, CHS, has announced a $60 million expansion of its soybean processing facility in Mankato, Minnesota, to strengthen its position in the renewable diesel market. When finished, the plant will increase soybean oil production by 35% yearly.

    Future Outlook

    Organic Soybean Market Future Outlook

    The Organic Soybean Market is projected to grow at a 12.56% CAGR from 2024 to 2035, driven by increasing consumer demand for organic products and sustainable farming practices.

    New opportunities lie in:

    • Expansion into emerging markets with tailored organic soybean products.
    • Investment in advanced processing technologies to enhance product quality.
    • Development of strategic partnerships with health-focused food brands.

    By 2035, the Organic Soybean Market is expected to achieve robust growth, solidifying its position as a key player in sustainable agriculture.

    Market Segmentation

    Organic Soybean Regional Outlook (USD Billion, 2018-2030)

    • {"North America"=>["US"
    • "Canada"]}
    • {"Europe"=>["Germany"
    • "France"
    • "UK"
    • "Italy"
    • "Spain"
    • "Rest of Europe"]}
    • {"Asia-Pacific"=>["China"
    • "Japan"
    • "India"
    • "Australia"
    • "South Korea"
    • "Rest of Asia-Pacific"]}
    • {"Rest of the World"=>["Middle East"
    • "Africa"
    • "Latin America"]}

    Organic Soybean Application Outlook (USD Billion, 2018-2030)

    • Crush
    • Food Use
    • Feed Use
    • Organic Soybean Regional Outlook (USD Billion
    • 2018-2030)

    Report Scope

    MARKET SIZE 20241.688(USD Billion)
    MARKET SIZE 20251.9(USD Billion)
    MARKET SIZE 20356.203(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)12.56% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing consumer demand for organic products drives expansion in the Organic Soybean Market.
    Key Market DynamicsRising consumer demand for organic products drives innovation and competition in the organic soybean market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the Organic Soybean market?

    The Organic Soybean market size was valued at USD 1.5 Billion in 2023.

    What is the growth rate of the Organic Soybean market?

    The market is projected to grow at a CAGR of 12.56% during the forecast period, 2024-2030.

    Which region held the largest market share in the Organic Soybean market?

    North America had the largest share in the market

    Who are the key players in the Organic Soybean market?

    The key players in the market are Sapthsathi Organic Agriculture, Soni Soya Products, Grain Millers Inc., Perdue Farms, Tyson Foods Inc., AFG Brazil, Pilgrims’ Pride

    Which application led the Organic Soybean market?

    The feed use category dominated the market in 2022.

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