Organic Soymeal Market Insights:
Organic soybean is produced by adhering to the standards of organic farming and assuring that their natural content remains the same. Organic soybean is amended with nutritious content and organic soybean are grown under strict regulation imposed by government regulatory bodies, which includes organically generated seed for irrigation, no application of synthetic fertilizers and pesticides, and complete records of input and operation.
The Global Organic Soymeal Market Size is anticipated to rise at a 14.56% CAGR and is estimated to be worth USD 823.7 Million by the end of 2030.
Soybean meal is exercised in food and animal feeds, mostly as a protein supplement, but also as a source of metabolizable energy. Some, but not all, soybean meal is generated from the remains left after oil extraction. Oil is used mainly in food, but also for industrial oils, soaps, and biodiesel involves crushing and either pressing or solvent extraction.
The high nutritional value of organic soymeal and its substantial application as a protein supplement due to its high protein content is likely to push the global organic soymeal market over the forecast period. Furthermore, the high demand for defatted soybean meals is expected to further drive the growth of the soybean meal market.
Regional Analysis:
The Global Organic Soymeal Market is segmented into five regions: North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Asia Pacific will rule the organic soymeal market (in terms of value and volume both) with more than 35% of the market share and it's estimated to reach a market value of more than USD 200 million at a CAGR of 18.15% by 2022. Latin America is estimated to witness a lofty growth rate of 18.25% during the given period owing to the high production volume of soybean in the region. The increasing demand for organic ingredients in animal feed has also been disporting a key role in the growth of the global organic soymeal industry over the last few years. Additionally, the towering demand for healthy chemical-free protein contains food products has augmented the sale of organic soymeal on the global level owing to its high nutritive value.
The global market for organic soymeal has been attesting to continuous demand during the forecast period owing to the growing population of consumers embracing organic and healthy food consumption trends. In terms of value and volume, Asia Pacific is evaluated to dominate the organic soymeal market holding a share of more than 95%. Also, Latin America will clench the second-largest share in the world organic soymeal market and is estimated to grow at a rate of 18.25%.
Market Segmentation:
The Global Organic Soymeal Market Overview is segmented by application, end-product, and distribution channel.
By application
- Food and beverage
- Personal care and cosmetics
- Pharmaceutical
- Animal feed and pet food
- Others
By end-product
- Whole
- Protein
- Oil
- Meal
- Others
By distribution channel
- Direct sales channel-
- Indirect sales channel- Modern retail formats, convenience stores, retailers, online retail stores, and others.
Key Players:
The Global Organic Soymeal Market key players 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.).
Related Reports:
Peat Market Research Report Information by Type (Coco Peat, Sod Peat, and Other), Material Type (Fibric, Hemic, Sapric, and Others), Application (Agriculture, Fuel & Energy, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World) - Global Forecast till 2030
Marché mondial des aliments pour poissons d'ornement : informations par type (aliments transformés et aliments vivants), type de poisson (poissons tropicaux, poissons rouges, carpes koï et autres), canal de distribution (en magasin {Hypermarchés et supermarchés, magasins spécialisés et autres} et hors magasin) et région (Amérique du Nord, Europe, Asie-Pacifique, Amérique latine et Moyen-Orient (et Afrique) - Prévisions jusqu'en 2027
泥炭市場調査レポート：種類（ココ泥炭、芝泥炭、その他）、材料の種類（繊維、ヘミック、サプリック、その他）、用途（農業、燃料、エネルギーなど）、および地域（北米、ヨーロッパ、アジア太平洋、その他の地域）別の情報-2030年までの世界予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071