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    Soy Derivatives Market Analysis

    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
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    Market Analysis

    In-depth Analysis of Soy Derivatives Market Industry Landscape

    Manufacturers have a great opportunity to stand out from the competition, expand their customer base, and increase profits by creating new products with unique functional and nutritional benefits. A significant area of innovation in the milk protein market involves developing specialized protein ingredients that can be used in various food and beverage products. This includes the use of milk protein isolates and concentrates in sports nutrition items, infant formula, meal replacements, and more. A recent example is Lactalis India launching the protein-packed yogurt drink, Lactel Turbo Yoghurt Drink, in August 2021. Manufacturers can also explore novel applications for milk proteins, such as incorporating them into plant-based products or products designed for specific health needs like weight management or muscle building.

    Moreover, there's an opportunity to venture into alternative protein sources beyond traditional milk protein. Manufacturers can create products that feature plant-based proteins like soy or pea protein or utilize other animal-based proteins like whey or egg protein. This diversification into new and innovative products is a crucial opportunity for the milk protein market. It not only allows manufacturers to set themselves apart from competitors but also enables them to address the evolving preferences of consumers and potentially achieve higher profit margins. This emphasis on innovation aligns with the changing landscape of consumer demands and provides a pathway for growth and success in the milk protein market.

    Manufacturers can strategically explore the development of unique and beneficial products as a means to differentiate themselves in a competitive market. The creation of specialized protein ingredients is a key focus area in the milk protein market, offering versatile applications in various food and beverage products. Milk protein isolates and concentrates, for example, find utility in sports nutrition, infant formula, meal replacements, and similar applications. A notable instance is Lactalis India's introduction of Lactel Turbo Yoghurt Drink, a protein-rich yogurt beverage, in August 2021. The scope for innovation extends to exploring additional applications for milk proteins, including their integration into plant-based products or formulations designed for specific health goals such as weight management or muscle building.

    Furthermore, the exploration of alternative protein sources stands as a noteworthy opportunity. Manufacturers can diversify their product offerings by incorporating plant-based proteins like soy or pea protein. Additionally, consideration can be given to the integration of other animal-based proteins, including whey or egg protein. This strategic approach to developing new and inventive products emerges as a pivotal opportunity for the milk protein market. Beyond differentiation from competitors, it allows manufacturers to address the evolving preferences of consumers, meeting the demand for diverse and health-conscious choices. The purs

    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%
    Largest Regional Market Share in 2024 south_america)

    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.

    Market Trends

    The increasing global demand for plant-based proteins is driving innovation and expansion in the soy derivatives market, reflecting a broader shift towards sustainable food sources.

    U.S. Department of Agriculture (USDA)

    Soy Derivatives Market 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.

    Market Segment Insights

    Regional Insights

    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.

    Market Segmentation

    Report Scope

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    Market Highlights

    Author

    Snehal Singh
    Assistant Manager - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    1. Executive Summary
    2. Scope of the Report
      1. Market Definition
      2. Scope of the Study
        1. Research Objectives
        2. Assumptions & Limitations
      3. Market Structure
    3. Market Research Methodology
      1. Research Process
      2. Secondary Research
      3. Primary Research
      4. Forecast Model
    4. Market Landscape
      1. Supply Chain Analysis
        1. Raw Material Suppliers
        2. Manufacturers/Producers
        3. Distributors/Retailers/Wholesalers/E-Commerce
        4. End Users
      2. Porter’s Five
        1. Bargaining Power of Suppliers
        2. Threat of Substitutes
        3. Competitive Rivalry
    5. Market Dynamics of Global Soy Derivatives Market
      1. Introduction
      2. Drivers
      3. Restraints
      4. Opportunities
      5. Challenges
    6. Global Soy Derivatives
      1. Market Estimates & Forecast, by Region,
        1. Market Estimates & Forecast, by Region,
      2. Soy Milk
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
      3. Soy Lecithin
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
      4. Others
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
    7. Global Soy Derivatives Market, by Category
      1. Introduction
      2. Conventional
        1. Market Estimates
        2. Market Estimates & Forecast, by Region, 2021–2028
      3. Organic
        1. Market Estimates
        2. Market Estimates & Forecast, by Region, 2021–2028
    8. Global Soy Derivatives
      1. Market Estimates & Forecast, 2021–2028
        1. Market Estimates
        2. RTE & RTC Foods
        3. Beverages
        4. Others
      2. Animal Feed
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
      3. Pharmaceuticals & Nutraceuticals
        1. Market Estimates
        2. Market Estimates & Forecast, by Region, 2021–2028
      4. Personal Care
        1. Market Estimates
        2. Market Estimates & Forecast, by Region, 2021–2028
      5. Others
        1. Market Estimates
        2. Market Estimates & Forecast, by Region, 2021–2028
    9. Global Soy Derivatives
      1. Market Estimates & Forecast, by Type, 2021–2028
        1. Market Estimates
        2. Market Estimates & Forecast, by Application,
        3. Canada
        4. Mexico
      2. Europe
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
        3. Market Estimates & Forecast, by Category, 2021–2028
        4. Market Estimates
        5. Germany
        6. France
        7. Italy
        8. UK
        9. Spain
        10. Rest of Europe
      3. Asia-Pacific
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
        3. Market Estimates & Forecast, by Category, 2021–2028
        4. Market Estimates
        5. China
        6. India
        7. Japan
        8. Rest of Asia-Pacific
      4. Rest of the World (RoW)
        1. Market Estimates & Forecast, 2021–2028
        2. Market Estimates
        3. Market Estimates & Forecast, by Category, 2021–2028
        4. Market Estimates
        5. South America
        6. Middle East
        7. Africa
    10. Company Landscape
      1. Introduction
      2. Market Strategy
      3. Key Development Analysis
    11. Company Profiles
      1. Cargill Inc.
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      2. CHS Inc.
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Company Overview
        5. Financial Updates
        6. Product/Business Segment Overview
        7. Strategy
        8. Key Developments
        9. SWOT Analysis
      3. Dupont Nutrition
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
      4. Noble Group Ltd
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      5. Wilmar International
        1. Strategy
        2. Key Developments
        3. SWOT Analysis
      6. Archer Daniels Midland Company
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      7. Louis Dreyfus Company BV
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      8. AG Processing Inc.
        1. Company Overview
        2. Financial Updates
        3. Product/Business
    12. Global Soy Derivatives Market, by Region, 2021–2028 (USD Million)
    13. Global Soy Derivatives Market, by Application, 2021–2028 (USD Million)
    14. Canada: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    15. Europe: Soy Derivatives Market, by Country, 2021–2028 (USD Million)
    16. Germany: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    17. France: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    18. UK: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    19. Rest of Europe: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    20. China: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    21. India: Soy Derivatives Market, by Application, 2021–2028 (USD Million)
    22. Rest of Asia-Pacific: Soy Derivatives Market, by Type, 2021–2028 (USD Million)
    23. Middle East: Soy Derivatives Market, by Application, 2021–2028 (USD Million)
    24. Global Soy Derivatives Market Segmentation
    25. Share of the Global Soy Derivatives Market in 2021, by Country (%)
    26. Share of the Global Soy Derivatives Market, by Type, 2021–2028

    Soy Derivatives Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Infographic

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