The Europe Soybean Meal Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
The profitability of soybean farmers is improved when the quality of soybeans is raised to a higher standard. It is simple to cultivate soybeans with increased quantities of protein and oil. Soybean meal is an essential component of the daily diet of dairy animals like cattle and buffalo. This is because soybean meal stimulates increased milk production in dairy animals.
In addition, soybean meal is used to provide animals, such as pigs, ruminants, and poultry, with the nutrition they need to put on weight in order to fulfill the increasing demand for meat. It has been shown that the antigens in SBM that induce allergic responses in weanling pigs may be removed by enzymatic processing of SBM.
Therefore, it is feasible to create SBM that has been treated with enzymes and that weanling pigs are able to tolerate. The HP 300 is a product that was created utilizing this technology (Hamlet Protein, Horsens, Denmark). Because carbs, oligosaccharides, and antigens were eliminated during the enzymatic process, this product contains higher amounts of protein and AAs than ordinary SBM.
ADM made the announcement that it will be investing a significant amount of money in December 2022 so that its oilseeds plant in Mainz, Germany, would be able to process non-genetically modified soybeans. It is expected that the project will be finished in the third quarter of 2023, and it comes after a similar investment was made in the oilseeds processing facility owned by the corporation in Straubing, Germany, in 2016. In Germany's larger food industry, soybeans are playing an increasingly significant role, and this trend is expected to continue. The firm is thrilled to continue to increase the capability to process non-GMO soybeans in order to fulfill the rising demand across the human and animal nutrition industries while simultaneously providing local farmers with more options to sell their harvests. It is anticipated that this would further stimulate growth in the market for soybean meals in Europe.
The Germany market dominated the Europe Soybean Meal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,174.8 Million by 2028. The UK market is anticipated to grow at a CAGR of 4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Soybean Meal Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Soybean Meal Market, by Distribution Channel
1.4.2 Europe Soybean Meal Market, by Nature
1.4.3 Europe Soybean Meal Market, by Application
1.4.4 Europe 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. Europe Soybean Meal Market by Distribution Channel
3.1 Europe Offline Market by Country
3.2 Europe Online Market by Country
3.3 Europe B2B Market by Country
Chapter 4. Europe Soybean Meal Market by Nature
4.1 Europe Conventional Market by Country
4.2 Europe Organic Market by Country
Chapter 5. Europe Soybean Meal Market by Application
5.1 Europe Animal Feed Industry Market by Country
5.2 Europe Food Industry Market by Country
5.3 Europe Pharmaceutical Market by Country
Chapter 6. Europe Soybean Meal Market by Country
6.1 Germany Soybean Meal Market
6.1.1 Germany Soybean Meal Market by Distribution Channel
6.1.2 Germany Soybean Meal Market by Nature
6.1.3 Germany Soybean Meal Market by Application
6.2 UK Soybean Meal Market
6.2.1 UK Soybean Meal Market by Distribution Channel
6.2.2 UK Soybean Meal Market by Nature
6.2.3 UK Soybean Meal Market by Application
6.3 France Soybean Meal Market
6.3.1 France Soybean Meal Market by Distribution Channel
6.3.2 France Soybean Meal Market by Nature
6.3.3 France Soybean Meal Market by Application
6.4 Russia Soybean Meal Market
6.4.1 Russia Soybean Meal Market by Distribution Channel
6.4.2 Russia Soybean Meal Market by Nature
6.4.3 Russia Soybean Meal Market by Application
6.5 Spain Soybean Meal Market
6.5.1 Spain Soybean Meal Market by Distribution Channel
6.5.2 Spain Soybean Meal Market by Nature
6.5.3 Spain Soybean Meal Market by Application
6.6 Italy Soybean Meal Market
6.6.1 Italy Soybean Meal Market by Distribution Channel
6.6.2 Italy Soybean Meal Market by Nature
6.6.3 Italy Soybean Meal Market by Application
6.7 Rest of Europe Soybean Meal Market
6.7.1 Rest of Europe Soybean Meal Market by Distribution Channel
6.7.2 Rest of Europe Soybean Meal Market by Nature
6.7.3 Rest of Europe 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 Europe Soybean Meal Market, 2018 - 2021, USD Million
TABLE 2 Europe Soybean Meal Market, 2022 - 2028, USD Million
TABLE 3 Europe Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Europe Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Europe Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe B2B Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe B2B Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 12 Europe Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 13 Europe Conventional Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Conventional Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Organic Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Organic Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 18 Europe Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 19 Europe Animal Feed Industry Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Animal Feed Industry Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Food Industry Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Food Industry Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Soybean Meal Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Soybean Meal Market by Country, 2022 - 2028, USD Million
TABLE 27 Germany Soybean Meal Market, 2018 - 2021, USD Million
TABLE 28 Germany Soybean Meal Market, 2022 - 2028, USD Million
TABLE 29 Germany Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Germany Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Germany Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 32 Germany Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 33 Germany Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 34 Germany Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 35 UK Soybean Meal Market, 2018 - 2021, USD Million
TABLE 36 UK Soybean Meal Market, 2022 - 2028, USD Million
TABLE 37 UK Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 UK Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UK Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 40 UK Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 41 UK Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 42 UK Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 43 France Soybean Meal Market, 2018 - 2021, USD Million
TABLE 44 France Soybean Meal Market, 2022 - 2028, USD Million
TABLE 45 France Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 France Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 France Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 48 France Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 49 France Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 50 France Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 51 Russia Soybean Meal Market, 2018 - 2021, USD Million
TABLE 52 Russia Soybean Meal Market, 2022 - 2028, USD Million
TABLE 53 Russia Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Russia Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Russia Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 56 Russia Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 57 Russia Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 58 Russia Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 59 Spain Soybean Meal Market, 2018 - 2021, USD Million
TABLE 60 Spain Soybean Meal Market, 2022 - 2028, USD Million
TABLE 61 Spain Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Spain Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Spain Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 64 Spain Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 65 Spain Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 66 Spain Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 67 Italy Soybean Meal Market, 2018 - 2021, USD Million
TABLE 68 Italy Soybean Meal Market, 2022 - 2028, USD Million
TABLE 69 Italy Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Italy Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Italy Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 72 Italy Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 73 Italy Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 74 Italy Soybean Meal Market by Application, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Soybean Meal Market, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Soybean Meal Market, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Soybean Meal Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Soybean Meal Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Soybean Meal Market by Nature, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Soybean Meal Market by Nature, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Soybean Meal Market by Application, 2018 - 2021, USD Million
TABLE 82 Rest of Europe 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