Global soybean derivatives market projected to reach $578.52 billion by 2034, driven by plant-based protein trend.
From GlobeNewswire: 2025-06-26 12:30:00
The global Soybean Derivatives Market is projected to reach $578.52 billion by 2034, growing at a CAGR of 8.13% from 2025. Increasing health consciousness and demand for animal feed are key drivers. Soy-based products like tofu and soy milk are popular, with soy oil’s renewable nature driving market growth.
Plant-based protein alternatives are driving growth, with soy-based products like soy milk and tofu gaining popularity. Soybeans are versatile and high in protein, making them essential in diet food production. Advancements in processing technologies are improving quality and yield, reducing costs, and enhancing nutritional benefits.
Strengths of the soybean derivatives market include high nutritional value and applications in various sectors. However, price volatility, environmental concerns, and trade regulations pose weaknesses. Opportunities lie in the rising preference for plant-based proteins and sustainable alternatives, driving market growth. The soybean derivatives market faces competition from other protein sources and regulatory changes. Technological advancements offer growth opportunities. Key questions answered in the report include market size, growth rate, top companies, and fastest-growing segment. The market is classified by region, with Asia Pacific showing increased soy consumption due to demand for plant-based products.
Operating companies in Asia-Pacific are seeking competitive advantages in soy products. North America sees growth in soy derivatives due to dietary shifts. Europe’s demand for soybean derivatives is rising due to bans on processed animal proteins. Key players like Louis Dreyfus Company B.V. and Bunge Limited are driving market growth.
Prominent players in the market include Bunge Ltd., ADM, Louis Dreyfus Company B.V., and Cargill Inc. The report offers comprehensive market insights, subscription options, and customization services. Discounts and post-sale service assistance are available. Email for more information or access a free sample report to learn about the soybean derivatives market. 1. The stock market experienced a sharp decline today, with the S&P 500 falling by 3% and the Dow Jones dropping by 700 points. Investors are worried about rising inflation and interest rates, causing a sell-off in tech and growth stocks.
2. The latest job report shows a decrease in unemployment, with the rate dropping to 4.6%. However, job growth was lower than expected, with only 200,000 new jobs added in the past month. Economists are concerned about the impact of labor shortages on the recovery.
3. A new study reveals that 75% of Americans are concerned about climate change and support government action to address it. The survey found that 60% believe the US is not doing enough to combat climate change, with a majority in favor of investing in renewable energy and reducing carbon emissions. 1. The stock market reached record highs today, with the S&P 500 hitting a new milestone of 3,000 points. This surge was fueled by positive economic data and strong corporate earnings reports. Analysts are optimistic about the market’s performance in the coming months.
2. In international news, tensions are rising in the Middle East as Iran seizes a British oil tanker in the Strait of Hormuz. The UK has condemned the action as a violation of international law. The incident has sparked fears of further escalation in the region.
3. Climate change activists are calling for urgent action after a new report reveals that global temperatures are on track to exceed the 1.5°C target set by the Paris Agreement. The report warns of dire consequences if immediate steps are not taken to reduce carbon emissions and combat climate change.
4. In entertainment news, Marvel Studios announced a slate of new movies and TV shows at Comic-Con, including the highly anticipated “Black Widow” film starring Scarlett Johansson. Fans are buzzing with excitement over the upcoming releases, which promise to expand the Marvel Cinematic Universe even further.
5. Health officials are issuing warnings about the spread of a rare virus called Eastern Equine Encephalitis (EEE) in the United States. The virus, transmitted by mosquitoes, has already claimed several lives in the Northeast. Residents are urged to take precautions to protect themselves from mosquito bites and prevent further outbreaks. 1. The stock market saw a significant increase today, with the S&P 500 and Dow Jones Industrial Average both reaching new record highs. The S&P 500 closed at 4,500 for the first time ever, while the Dow Jones surpassed 35,000 points.
2. In other news, the latest jobs report showed a decrease in unemployment rates, with 943,000 jobs added in July. The unemployment rate now stands at 5.4%, down from 5.9% in June. This positive trend indicates a strong recovery in the labor market.
3. On the international front, tensions continue to rise between Russia and Ukraine, with reports of increased military activity along the border. The United States and other Western nations have expressed concern over the situation, calling for a peaceful resolution to the conflict.
4. In technology news, Apple announced the launch of its new iPhone 13, featuring improved camera capabilities and a longer battery life. The company also unveiled a new iPad and Apple Watch, with all devices set to be available for pre-order later this month.
5. Lastly, the latest COVID-19 update reports a surge in cases due to the Delta variant, prompting renewed calls for vaccination and mask mandates. Health officials warn of the strain on hospitals and urge the public to take necessary precautions to curb the spread of the virus.
Read more at GlobeNewswire: [Latest] Global Soybean Derivatives Market Size/Share Worth