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    Soy Derivatives Market

    ID: MRFR/F-B & N/6121-HCR
    90 Pages
    Snehal Singh
    October 2025

    Soy Derivatives Market Research Report Information by Type (Soy Oil, Soy Meal, Soy Protein, Soy Lecithin, Soy Milk), Category, Application (Food Beverage, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care), Region - Forecast till 2035

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    Soy Derivatives Market Infographic

    Soy Derivatives Market Summary

    The Global Soy Derivatives Market is projected to grow from 248.9 USD Billion in 2024 to 521.1 USD Billion by 2035.

    Key Market Trends & Highlights

    Global Soy Derivatives Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 6.95 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 521.1 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 248.9 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of plant-based products due to increasing health consciousness is a major market driver.

    Market Size & Forecast

    2024 Market Size 248.9 (USD Billion)
    2035 Market Size 521.1 (USD Billion)
    CAGR (2025-2035) 6.95%

    Major Players

    Cargill Inc., CHS Inc., Ruchi Soya Industries Ltd, Dupont Nutrition and Health, Noble Group Ltd, Wilmar International Ltd, Archer Daniels Midland Company, Bunge Ltd, Louis Dreyfus Company B.V., AG Processing Inc.

    Soy Derivatives Market Drivers

    Market Growth Projections

    The Global Soy Derivatives Market Industry is poised for substantial growth, with projections indicating a market value of 521.1 USD Billion by 2035. This anticipated growth reflects a compound annual growth rate of 6.95% from 2025 to 2035, driven by various factors including rising demand for plant-based proteins, expanding applications in the food industry, and growth in the animal feed sector. The increasing awareness of health benefits associated with soy consumption further supports this upward trajectory. As the market evolves, it is essential to monitor these trends and their implications for stakeholders.

    Growth in Animal Feed Sector

    The Global Soy Derivatives Market Industry is significantly influenced by the growth in the animal feed sector, where soy meal is a primary protein source. The increasing global demand for livestock products drives the need for high-quality feed ingredients. Soybean meal, rich in protein and amino acids, is favored by livestock producers for its nutritional benefits. As the livestock industry expands, particularly in developing regions, the demand for soy derivatives is anticipated to rise. This trend is likely to contribute to the overall market growth, with projections indicating a substantial increase in market value over the coming years.

    Rising Demand for Plant-Based Proteins

    The Global Soy Derivatives Market Industry experiences a notable surge in demand for plant-based proteins, driven by increasing health consciousness among consumers. As more individuals adopt vegetarian and vegan diets, the preference for soy derivatives, such as soy protein isolate and textured vegetable protein, rises. In 2024, the market is valued at 248.9 USD Billion, reflecting a growing inclination towards sustainable and nutritious food sources. This trend is likely to continue, with projections indicating that by 2035, the market could reach 521.1 USD Billion, suggesting a robust compound annual growth rate of 6.95% from 2025 to 2035.

    Expanding Applications in Food Industry

    The Global Soy Derivatives Market Industry benefits from expanding applications in the food sector, where soy derivatives are increasingly utilized as functional ingredients. They serve as emulsifiers, stabilizers, and texturizers in various food products, enhancing their nutritional profile and sensory attributes. For instance, soy lecithin is widely used in baked goods and confectionery, contributing to improved shelf life and texture. This diversification in application not only bolsters market growth but also aligns with consumer preferences for healthier and cleaner label products. As the food industry continues to innovate, the demand for soy derivatives is expected to rise significantly.

    Increasing Awareness of Health Benefits

    The Global Soy Derivatives Market Industry is positively impacted by increasing awareness of the health benefits associated with soy consumption. Research indicates that soy products can contribute to heart health, reduce cholesterol levels, and provide essential nutrients. As consumers become more informed about the nutritional advantages of soy derivatives, such as isoflavones and omega-3 fatty acids, the demand for these products is expected to rise. This heightened awareness aligns with the broader trend towards healthier eating habits, suggesting that the market for soy derivatives will continue to expand in the coming years.

    Technological Advancements in Soy Processing

    Technological advancements in soy processing play a crucial role in enhancing the efficiency and quality of soy derivatives. Innovations in extraction and processing techniques allow for higher yields and better nutrient retention, which is vital for meeting the growing global demand. The Global Soy Derivatives Market Industry benefits from these advancements, as they enable producers to offer a wider range of high-quality products. Enhanced processing methods also contribute to sustainability by reducing waste and energy consumption. As technology continues to evolve, it is likely to further propel the growth of the soy derivatives market.

    Key Companies in the Soy Derivatives Market market include

    Industry Developments

    for instence ADM has been Growing its production facilities to meet the Increasing demand for soy products. In 2021, the company announced the expansion of its soy processing plant in Rondonopolis, Brazil, which will increase the plant's crushing capacity by 25%. The expansion will enable ADM to meet the growing demand for soy products in the South American Region.

    ADM and Benson Hill Partner to Scale Innovative Ultra-High Protein Soy for North American Food Ingredient Industry, In August 2022

    Regional Market Summary

    Global Soy Derivatives Market Share (%), by Region, 2018

    Soy Derivatives Market

    Source: Secondary Sources and MRFR Analysis

    Increasing health-consciousness in the developing countries in Asia-Pacific, Africa, and the Middle East is expected to drive the growth of the soy derivatives market in these regions. North America and Europe are the major markets for soy derivatives owing to the rising trend of veganism and shifting preference for plant-based products.

    Global Market, by Type

      • Soy Oil

      • Soy Meal

      • Soy Protein

        • Soy Flour

        • Soy Protein Isolates

        • Soy Protein Concentrates

      • Soy Lecithin

      • Soy Milk

      • Others

    Global Market, by Category

      • Conventional

      • Organic

    Global Market, by Application

      • Food & Beverage

        • Bakery and Confectionery

        • RTE and RTC Food

        • Beverages

        • Others

      • Animal Feed

      • Pharmaceuticals and Nutraceuticals

      • Personal Care

      • Others

    Global Market, by Region

      • North America

        • US

        • Canada

        • Mexico

      • Europe

        • Germany

        • France

        • UK

        • Spain

        • Italy

        • Rest of Europe

      • Asia-Pacific

        • China

        • India

        • Japan

        • Australia and New Zealand

        • Rest of Asia-Pacific

      • Rest of the World (RoW)

        • South America

        • Middle East

        • Africa

    Key Players in the Global Market

      • CHS Inc.

      • Ruchi Soya Industries Ltd

      • Dupont Nutrition and Health

      • Noble Group Ltd

      • Wilmar International Ltd

      • Archer Daniels Midland Company

      • Bunge Ltd

      • Louis Dreyfus Company BV

      • AG Processing Inc.

    Intended Audience

    • Food and Beverage Processors

    • Soy Processing Industries

    • Nutraceuticals Manufacturers

    • Personal Care Product Manufacturers

    • Retailers and Wholesalers

      • Traders, Exporters, and Importers

    Future Outlook

    Soy Derivatives Market Future Outlook

    The Global Soy Derivatives Market is projected to grow at a 6.95% CAGR from 2024 to 2035, driven by increasing demand for plant-based proteins and sustainable agricultural practices.

    New opportunities lie in:

    • Develop innovative soy-based food products targeting health-conscious consumers.
    • Invest in sustainable farming technologies to enhance yield and reduce environmental impact.
    • Expand distribution channels in emerging markets to capture new consumer segments.

    By 2035, the Global Soy Derivatives Market is expected to achieve substantial growth, reflecting evolving consumer preferences and sustainability trends.

    Report Scope

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    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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