Core SEO Marketing Global Organic Soybean Meal Market - Trends & Fore
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Global Organic Soybean Meal Market - Trends & Forecast, 2017-2022
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A Report Description
Report Description
Market Scenario
Increasing demand for high-protein chemical-free agricultural commodities is facilitating the growth of
soymeal market in the global platform. Escalating consumer awareness about high nutritional value of
organic soymeal, due to its high protein content, is projected to add fuel to the organic soymeal market
growth. Furthermore, the rising popularity of defatted soybean meal is also influencing the growth of soymeal
market, positively.
Diverse applications of soymeal and high availability throughout the globe are major drivers of the soymeal
market. Soymeal is also identified to have potential application as animal feed. Further, rising population of
livestock is directly influencing the market demand for organic soymeal, especially in the Asia Pacific region.
Rising awareness about the health benefits of organic food products will support the growth of organic
soymeal market.
Regional Analysis
As per the MRFR analysis, the global market for organic soymeal has been witnessing continued demand
during the forecast period. In terms of value and volume both, Asia Pacific is estimated to dominate the
organic soymeal market holding the lion's share of more than 95%. Also, Latin America is projected to hold
the second largest share in the global organic soymeal market. Latin America is estimated to grow at a
CAGR of 18.25% during the review period.
Segments
Soymeal market, by application, has been segmented into human food and animal feed. On the basis of
region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East
and Africa.
Key Players
The leading players in the global 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.) are among others.
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%