Soybean meal refers to the byproduct after the oil is extracted from soybean oils. It is not only used in food and animal meals as a source of protein supplement, but is also a valuable source of metabolized energy. Some soybean meal also contain ground hulls of soybean. Soybean meal are of two types, namely high protein soybean meal and conventional soybean meal. One bushel of soybean meal yields 21.8 kilograms of soybean oil.
The restrictions placed on the slaughterhouse by product is a major factor driving the soybean meal market. Increase in the health beneifts offered by soybean meals and its usage to feed the the number of livestock and other animals is another factor driving the soybean meal market. Despite of the high demand for soybean meal, its production is limited, which acts as a restrain for the soybean meal market. Increasing pet trent and the need for better pet health is expected to boost the soybean market in the years to come.
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1. Gauri Agrotech Products Pvt. Ltd.
2. Ghana Nuts Company Limited
3. Mukwano group of companies
4. Other companies
5. Process Agrochem Industries Private Limited
6. Unique Organics Limited
7. Vippy Industries Ltd.
8. Other Companies
The global soybean meal market is segmented on the basis of raw material, process of production, application and geography. On the basis of raw material, the soybean meal market is segmented into organic and inorganic. As per process of production, the soybean meal market is broken into de-hulled (min 50% protein), de-hulled (min 48% protein) and hipro soybean meal. On the basis of application, the soybean meal is bifurcated into animal feed, food industry, beverage and health product and others.
Major highlights of the report:
- An all-inclusive evaluation of the parent market
- The evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of the market value and volume in the past, present, and forecast years
- Market share evaluation
- Study of niche industrial sectors
- Tactical approaches of the market leaders
- Lucrative strategies to help companies strengthen their position in the market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soybean meal market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soybean meal market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the soybean meal market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soybean meal market in these regions.