analytics_image
Vantage Market Research
Vantage Market Research

Reports - Soybean Derivatives Market

iconFood & Beverage

Soybean Derivatives Market

Soybean Derivatives Market by Type (Soybean Oil, Soy Flour, Soy Nuts, Others), by Application (Food Industry, Feed Industry, Biodiesel, Others), by Region (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

ppt icon
pdf icon
xlsx icon
power bi icon
immediate delivery icon

Industry Leaders Trust Us For Actionable Intelligence

Revenue Insights

Market Size in 2024

USD 260.78 Billion

Market Size By 2035

USD 589.21 Billion

CAGR (2025 - 2035)

7.70%

Largest Region

Asia Pacific

Fastest Region

Asia Pacific

Base Year

2024

Historic Data

2021 - 2023

Forecast Period

2025 - 2035

Segments Covered

By Type, By Application, By Region

Report Coverage

The final deliverable will encompass both quantitative and qualitative data, providing a comprehensive analysis of the market. The scope is customizable.

Overview

Soybean Derivatives Market: By Type, Application, Lecithin Processing, and Region

Market Synopsis

Soybean Derivatives Market Size, 2024 To 2035 (USD Billion)

The global Soybean Derivatives Market is valued at USD 260.78 Billion in 2024 and is projected to reach a value of USD 589.21 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 7.70% between 2025 and 2035.

Demand for food products made with soy-based ingredients has been increasing year over year for several years, and this trend is expected to continue throughout the forecast period. Wherein, soy oil leads the demand, accounting for over 50% of the global market and is projected continue expanding its market share. Demand for other commodities in this category—including lecithin (21 percent) and protein (5 percent)—is also expected to grow at a CAGR of over 9%.

Segmentation

On the basis of type, the market is segmented into soybean oil, soy flour, soy nuts, and others. On the basis of application, the market is segmented into food industry, feed industry, biodiesel, and others.

Soyabean Oil to Dominate Soybean Derivative Market

Soyabean oil is used as a cooking oil and also as a raw material for biodiesel. It has high smoke point, so it can be heated to a very high temperature before it starts to break down and produce harmful free radicals. Soybean oil accounts for 52% of the global market share, which is expected to grow significantly over the forecast period. The large demand for soybean oil comes from its various applications in different sectors like food industry, personal care sector, animal feeds etc. Moreover, constantly increasing demand for biodiesel is the major factor projected to drive soybean oil market growth.

{{segment_3_graph}}

Lecithin Processing is Driving Growth of Soybean Derivatives Market

Demand for Soybean Derivatives is growing, in particular in the personal care, food and pharma industries. Although lecithin accounts for only about 2% of soybean oil by weight, it is one of the most widely used products from soybeans. Other uses include: paper sizing; metalworking; explosives manufacture; brake fluid additives; agrichemicals such as insecticides and herbicides; feed supplements such as antibiotics and amino acids; pharmaceuticals such as estrogenic hormones and steroid intermediates. Soy lecithin has a variety of applications across numerous markets including: cosmetics, processed foods, pharmaceuticals and industrial applications.

Asia Pacific to Dominate Global Soybean Derivatives Market

Asia Pacific is the largest consumer and producer of Soybean Derivatives and the demand is growing. Soybean Derivatives sell well in Asian countries such as China, Japan and Indonesia due to their functional ingredients and high protein composition. In addition, they are not expensive. South Korea ranks 4th in Asia Pacifics consumption of soybean products after Japan, China (Mainland) and Indonesia. This means that Koreas future demand for Soybean Derivatives is strong.

Moreover, regional market is witnessing high demand for Soybean Derivatives due to the growing demand for functional foods. Functional Foods are defined as foods that provide health benefits beyond basic nutrition, including preventing or treating disease (Functional Ingredients). Functional ingredients like soy protein and soybeans are currently used in various food products such as bread, noodles, meat substitutes and ice cream. Demand for functional foods is high because consumers follow the trends of developed countries.

Vendor Landscape

Some of the key vendors in the global Soybean Derivatives market are Archer Daniels Midland Company (U.S.), Bunge Ltd (U.S.), Cargill, Incorporated (U.S.), Louis Dreyfus Commodities (The Netherlands), and Wilmar International Limited (Singapore).

The Soybean Derivatives is Segmented as Follows:

Market Segmentation

ParameterDetails
Segment Covered

By Type

  • Soybean Oil (33.21%)
  • Soy Flour
  • Soy Nuts
  • Others

By Application

  • Food Industry
  • Feed Industry
  • Biodiesel
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, South-East Asia, Rest of Asia Pacific) (40.2%)
  • Middle East & Africa
  • Latin America (Brazil, Argentina, Rest of Latin America)
Companies Covered
  • Archer Daniels Midland Company (U.S.)
  • Bunge Ltd (U.S.)
  • Cargill
  • Incorporated (U.S.)
  • Louis Dreyfus Commodities (The Netherlands)
  • and Wilmar International Limited (Singapore).
Customization ScopeEnjoy complimentary report customization—equivalent to up to 8 analyst working days—with your purchase. Customizations may include additions or modifications to country, regional, or segment-level data.
Pricing and purchase optionsAccess flexible purchase options tailored to your specific research requirements. Explore purchase options

Report coverage & Deliverables

Our PDF Reports And Online Dashboard Will Help You Stay Ahead In The Market.

    Key features include:

  • Check
    Competitive benchmarking
  • Check
    Historical data and future forecasts
  • Check
    Company-wise revenue breakdown
  • Check
    Regional growth opportunities
  • Check
    Latest market trends and dynamics
  • Check
    Impact of emerging technologies like AI and automation
  • Check
    Key regulatory updates and ESG considerations

FAQ‘s

Related Reports

Healthcare ITHealthcare IT

Veterinary Care Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Veterinary Care Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Surgical Imaging Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Surgical Imaging Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Healthcare BPO Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Healthcare BPO Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Pen Needles Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Pen Needles Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

Energy & PowerEnergy & Power

Petroleum Cargo Inspection and Testing Services Market

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Petroleum Cargo Inspection and Testing Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

Energy & PowerEnergy & Power

Petroleum Cargo Inspection and Testing Services Market

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Petroleum Cargo Inspection and Testing Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

vantage logo

Vantage Market Research & Consultancy Services is all about providing accurate and reliable market intelligence to its clients for the seamless execution of their business growth strategies.

© 2025 Vantage Market Research. All right reserved
Secured Bysecured by
Soybean Derivatives Market Size, Growth Projections And Insights 2025-2035