The Latin America, Middle East and Africa Soybean Meal Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
The soybean seeds go through a variety of processes that are designed to improve both the oil extraction process and the quality of the soybean meal. Cooking the seeds has a number of beneficial effects, including moisture conditioning of the seeds and ease in dehulling; a reduction in oil viscosity; an increase in the plasticity of the seed; the breaking of cell walls; protein clotting as a result of denaturation; sterilization; and the deactivation and destruction of thermosensitive enzymes and thermolabile antinutritional factors (ANFs).
The crushing and flaking processes change the permeability of the soybean flakes, which facilitates the next phase of the solvent extraction process. The oil-rich kernel is removed during the dehulling process, which is an optional step that separates the kernel from the hulls, which make up 8% of the seed and are mostly fibrous, and contain just a little amount of oil. The removal of the shell also eliminates antinutritional elements.
As a result of its one-of-a-kind amino acid profile, soybean meal is an excellent substitute for the proteins found in cereal grains. Meal made from soybeans is used in the production of both animal feed and nourishment for people. The rising population of livestock, ruminants, cattle, and other animals that are fed soybean meal is one of the primary factors contributing to the rising demand for soybean meal. Other reasons include the health benefits associated with this food, which is rich in protein, and the increasing population of people who eat it. The limits that have been put on slaughterhouse byproducts are the second factor that has contributed to the rise in demand. As a result of these restrictions, the market for soybean meal has grown. During the time period covered by the projection, it is anticipated that this would further stimulate growth in the market for soybean meals in LAMEA.
The Brazil market dominated the LAMEA Soybean Meal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,348.3 Million by 2028. The Argentina market is experiencing a CAGR of 8.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.3% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline, Online, and B2B. Based on Nature, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Animal Feed Industry, Food Industry, and Pharmaceutical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Soybean Meal Market is Predict to reach $78.2 Billion by 2028, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bunge Limited, Louis Dreyfus Company B.V., Kemin Industries, Inc., The Scoular Company, Mamta Hygiene Products Pvt. Ltd, Mahesh Agro Food Industries, Nordic Soya Ltd., Denofa AS (Amaggi Agropecuária), DHN International, and Minnesota Soybean Processors.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Nature
By Application
- Animal Feed Industry
- Food Industry
- Pharmaceutical
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Bunge Limited
- Louis Dreyfus Company B.V.
- Kemin Industries, Inc.
- The Scoular Company
- Mamta Hygiene Products Pvt. Ltd
- Mahesh Agro Food Industries
- Nordic Soya Ltd.
- Denofa AS (Amaggi Agropecuária)
- DHN International
- Minnesota Soybean Processors
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Soybean Meal Market, by Distribution Channel
1.4.2 LAMEA Soybean Meal Market, by Nature
1.4.3 LAMEA Soybean Meal Market, by Application
1.4.4 LAMEA Soybean Meal Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Soybean Meal Market by Distribution Channel
3.1 LAMEA Offline Market by Country
3.2 LAMEA Online Market by Country
3.3 LAMEA B2B Market by Country
Chapter 4. LAMEA Soybean Meal Market by Nature
4.1 LAMEA Conventional Market by Country
4.2 LAMEA Organic Market by Country
Chapter 5. LAMEA Soybean Meal Market by Application
5.1 LAMEA Animal Feed Industry Market by Country
5.2 LAMEA Food Industry Market by Country
5.3 LAMEA Pharmaceutical Market by Country
Chapter 6. LAMEA Soybean Meal Market by Country
6.1 Brazil Soybean Meal Market
6.1.1 Brazil Soybean Meal Market by Distribution Channel
6.1.2 Brazil Soybean Meal Market by Nature
6.1.3 Brazil Soybean Meal Market by Application
6.2 Argentina Soybean Meal Market
6.2.1 Argentina Soybean Meal Market by Distribution Channel
6.2.2 Argentina Soybean Meal Market by Nature
6.2.3 Argentina Soybean Meal Market by Application
6.3 UAE Soybean Meal Market
6.3.1 UAE Soybean Meal Market by Distribution Channel
6.3.2 UAE Soybean Meal Market by Nature
6.3.3 UAE Soybean Meal Market by Application
6.4 Saudi Arabia Soybean Meal Market
6.4.1 Saudi Arabia Soybean Meal Market by Distribution Channel
6.4.2 Saudi Arabia Soybean Meal Market by Nature
6.4.3 Saudi Arabia Soybean Meal Market by Application
6.5 South Africa Soybean Meal Market
6.5.1 South Africa Soybean Meal Market by Distribution Channel
6.5.2 South Africa Soybean Meal Market by Nature
6.5.3 South Africa Soybean Meal Market by Application
6.6 Nigeria Soybean Meal Market
6.6.1 Nigeria Soybean Meal Market by Distribution Channel
6.6.2 Nigeria Soybean Meal Market by Nature
6.6.3 Nigeria Soybean Meal Market by Application
6.7 Rest of LAMEA Soybean Meal Market
6.7.1 Rest of LAMEA Soybean Meal Market by Distribution Channel
6.7.2 Rest of LAMEA Soybean Meal Market by Nature
6.7.3 Rest of LAMEA Soybean Meal Market by Application
Chapter 7. Company Profiles
7.1 Bunge Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.2 Louis Dreyfus Company B.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.3 Kemin Industries, Inc.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Acquisition and Mergers:
7.4 The Scoular Company
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Geographical Expansions:
7.5 Mamta Hygiene Products Pvt. Ltd
7.5.1 Company Overview
7.6 Mahesh Agro Food Industries
7.6.1 Company Overview
7.7 Nordic Soya Ltd.
7.7.1 Company Overview
7.8 Denofa AS (Amaggi Agropecuária)
7.8.1 Company Overview
7.9 DHN International
7.9.1 Company Overview
7.10. Minnesota Soybean Processors
7.10.1 Company Overview
TABLE 1 LAMEA Soybean Meal Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Soybean Meal Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA B2B Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA B2B Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 12 LAMEA Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 13 LAMEA Conventional Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Conventional Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Organic Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Organic Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 18 LAMEA Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 19 LAMEA Animal Feed Industry Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Animal Feed Industry Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Food Industry Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Food Industry Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Soybean Meal Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Soybean Meal Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Soybean Meal Market, 2018 - 2021, USD Million
TABLE 28 Brazil Soybean Meal Market, 2022 - 2028, USD Million
TABLE 29 Brazil Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Brazil Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Brazil Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 32 Brazil Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 33 Brazil Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 34 Brazil Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 35 Argentina Soybean Meal Market, 2018 - 2021, USD Million
TABLE 36 Argentina Soybean Meal Market, 2022 - 2028, USD Million
TABLE 37 Argentina Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Argentina Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Argentina Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 40 Argentina Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 41 Argentina Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 42 Argentina Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 43 UAE Soybean Meal Market, 2018 - 2021, USD Million
TABLE 44 UAE Soybean Meal Market, 2022 - 2028, USD Million
TABLE 45 UAE Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 UAE Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 UAE Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 48 UAE Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 49 UAE Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 50 UAE Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Soybean Meal Market, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Soybean Meal Market, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 59 South Africa Soybean Meal Market, 2018 - 2021, USD Million
TABLE 60 South Africa Soybean Meal Market, 2022 - 2028, USD Million
TABLE 61 South Africa Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 South Africa Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 South Africa Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 64 South Africa Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 65 South Africa Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 66 South Africa Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 67 Nigeria Soybean Meal Market, 2018 - 2021, USD Million
TABLE 68 Nigeria Soybean Meal Market, 2022 - 2028, USD Million
TABLE 69 Nigeria Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Nigeria Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Nigeria Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 72 Nigeria Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 73 Nigeria Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 74 Nigeria Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Soybean Meal Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Soybean Meal Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 83 Key Information – Bunge Limited
TABLE 84 Key Information – Louis Dreyfus Company B.V.
TABLE 85 Key Information – Kemin Industries, Inc.
TABLE 86 Key Information – The Scoular Company
TABLE 87 Key Information – Mamta Hygiene Products Pvt Ltd
TABLE 88 Key Information – Mahesh Agro Food Industries
TABLE 89 Key Information – Nordic Soya Ltd.
TABLE 90 Key Information – Denofa AS
TABLE 91 Key Information – DHN International
TABLE 92 Key Information – Minnesota Soybean Processors
List of Figures
FIG 1 Methodology for the research