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Some of the major companies operating in the soybean derivatives industry are:
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
The soybean meal segment generated USD 73.6 billion in 2022 and is estimated to witness high demand through 2032, influenced by the growth of the livestock and poultry industries.
Archer Daniels Midland Company (ADM), Cargill, Incorporated, Bunge Limited, Louis Dreyfus Company (LDC), Wilmar International Limited, CHS Inc., AG Processing Inc. (AGP), and DowDuPont Inc. are some of the key soybean derivative providers
U.S. market size was USD 58 billion in revenue in 2022, attributed to the rising number of health-conscious consumers in the region.
The market size of soybean derivatives was reached USD 242.8 billion in 2022 and is poised to cross USD 476.5 billion by 2032, driven by the rising demand for plant-based and healthier food alternatives among health-conscious consumers.