Organic Soymeal Market Research Report - Forecast to 2030

Organic Soymeal Market Global Information by Application (Human Food and Animal Feed) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) forecast to 2030

ID: MRFR/AGR/2873-CR | September 2017 | Region: Global | 75 Pages         

Organic Soymeal Market

The Global Market for Organic Soymeal has witnessed continued demand during the last few years and is projected to reach USD 823.7 million at a CAGR of 14.56% by 2030.

Segmentation

By Application Human Food Animal Feed
By Region North America Latin America Europe Asia Pacific Middle East & Africa

Key Players

  • Sapthsathi Organic Agriculture project (S.O.A.P.) (India)
  • Soni Soya Products Pvt Ltd (India)
  • AFG Brasil S/A (Brazil)
  • Grain Millers Inc. (U.S.)
  • Perdue Farms (U.S.)
  • Tyson Foods Inc. (U.S.)
  • Pilgrim's Pride (U.S.)

Drivers

  • High nutritional value of organic soymeal
  • High demand for defatted soybean meal
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Organic Soymeal Market Overview:


The Global Market for Organic Soymeal has witnessed continued demand during the last few years and is projected to reach USD 823.7 million at a CAGR of 14.56% by 2030. The high nutritional value of organic soymeal and major application as a protein supplement due to high protein content is likely to drive the global organic soymeal market over the forecast period. Additionally, high demand for defatted soybean meal is anticipated to further propel the growth of soybean meal market.


Asia Pacific will dominate the organic soymeal market (in terms of value and volume both) with more than 35% of the market share and it is projected to reach a market value of more than USD 200 million at a CAGR of 18.15% by 2022. Latin America is projected witness a high growth rate of 18.25% during the given period owning to high production volume of soybean in the region. Rising demand for organic ingredients in animal feed has also been playing a key role in the growth of the global organic soymeal industry from last few years. Furthermore, the high demand for healthy chemical-free protein contains food products has increased the sale of organic soymeal on the global level owing to its high nutritional value.


On the basis of application, the application of organic soymeal for human food will dominate the market and is projected to hold a lion’s share of more than 95% in the global market. Increasing health consciousness among the consumers is one of the major drivers organic soymeal market. Rising awareness about the health benefits of organic food products is likely to influence the growth of this market, positively. Animal feed-based application of organic soybean is also projected to grow at a high rate during the given forecast period.


Key Players


Some of the leading players in the global organic Soymeal market are: Sapthsathi Organic Agriculture project (S.O.A.P.) (India), Soni Soya Products Pvt Ltd (India), AFG Brasil S/A (Brazil), Grain Millers Inc. (U.S.), Perdue Farms (U.S.), Tyson Foods Inc. (U.S.), Pilgrim's Pride (U.S.)


Study Objectives of Organic Soymeal Market 



  • Detailed analysis for individual micro and macro markets for organic soymeal

  • To estimate market size by application and region

  • To understand the supply and demand dynamics of organic soymeal

  • To provide region level market analysis and future outlook for U.S., Brazil, Russia, China and others

  • Company profiling of major players and competitive positioning for the organic soymeal market

  • Value chain analysis and supply chain analysis of organic soymeal

  • Analysis of historical market trends and technologies, and current government regulatory requirements related to organic soymeal market


Target Audience



  • Organic soymeal manufacturers

  • Organic soymeal feed manufacturers

  • Retailers and wholesalers

  • Traders, importers and exporters


 Key Findings



  • The global Organic Soymeal market is projected to reach USD 623.31million by 2022 at a growth rate of 17.98%

  • Latin America will experience the highest growth at a rate of 18.25% during the given forecast period

  • Application of organic soymeal for human food use is projected to have the highest growth rate of 18%


Regional and Country Analysis of Organic Soymeal Market Development and the Demand Forecast


As per the MRFR analysis, the global market for organic soymeal has been witnessing continued demand during the forecast period owning to the rising population of consumers adopting organic and healthy food consumption trends. In terms of value and volume, Asia Pacific is estimated to dominate the organic soymeal market holding the lion’s share of more than 95%. Also, Latin America will hold the second-largest share in the global organic soymeal market and is projected to grow at a rate of 18.25%


The reports also cover country level analysis:


North America



  • U.S.

  • Canada

  • Mexico 


Latin America



  • Brazil

  • Argentina

  • Others


Europe



  • Germany

  • Spain

  • Others 


Asia Pacific



  • China

  • India

  • Others 


The Middle East and Africa



  • Egypt

  • Iran

  • Others



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 823.7 million
  CAGR   14.56%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Application, and Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Sapthsathi Organic Agriculture project (S.O.A.P.) (India), Soni Soya Products Pvt Ltd (India), AFG Brasil S/A (Brazil), Grain Millers Inc. (U.S.), Perdue Farms (U.S.), Tyson Foods Inc. (U.S.), Pilgrim's Pride (U.S.)
  Key Market Opportunities   high demand for defatted soybean meal
  Key Market Drivers

  • high nutritional value of organic soymeal
  • Rising demand for organic ingredients in animal feed


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    Frequently Asked Questions (FAQ) :

    organic soymeal market is projected to grow at approximately 14.56% CAGR during the assessment period (2022-2030).

    organic soymeal market is estimated to reach a valuation of approx. USD 823.7 MN by the end of 2030.

    Sapthsathi Organic Agriculture project (India), Grain Millers Inc. (U.S.), AFG Brasil S/A (Brazil), Soni Soya Products Pvt. Ltd (India), Perdue Farms (U.S.), Pilgrim's Pride (U.S.), and Tyson Foods Inc. (U.S.), are some of the top players operating in the global organic soymeal market.

    Asia Pacific holds the largest share in the global organic soymeal market, followed by North America and Europe, respectively.

    Human Food is the largest application segment in the global organic soymeal market.