• What is the global soybean market report?
  • This Global Market Report analyzes recent trends in soybean production, consumption, trade flows, and other relevant areas.
  • Who makes high performance soybean oil?
  • Dupont, the world¡¯s fourth-largest chemical company, is also amongst the most prominent soybean oil manufacturers. Recently, Performance Food Group and DuPont Pioneer introduced a new-high performance soybean oil in the US markets that are?healthier, lasts longer, and does not contain harmful trans-fat.
  • Who makes non-gmo soybean oil?
  • Introduced non-GMO soybean oil in 2014. Jhon Daniels founded the company in 1902, and later renamed it to Archer-Daniels Linseed Company, after George Archer joined the company. It began crushing soybeans in 1929 and acquired the first soybean processing plant in Europe and South America in 1974.
  • Why is the soybean market so concentrated in China?
  • From an economic perspective, the soybean market is highly concentrated, with five leading traders and exporters accounting for almost 90% of the total market72 and global imports concentrated in China. This concentration has a direct impact on price volatility and farm prices, especially given China¡¯s market power.
  • What is soybean oil used for?
  • Most of the remaining residue (soybean meal) is used as animal feed. In the 2002¨C2003 growing season, 30.6 million tons (MT) of soybean oil were produced worldwide, constituting about half of worldwide edible vegetable oil production, and thirty percent of all fats and oils produced, including animal fats and oils derived from tropical plants.
  • How big is the soybean oil market in 2024?
  • With a projected market size of USD 93.17 billion in 2024 and USD 155.86 billion in 2029, the soybean oil industry anticipates a CAGR of 10.84% from 2024 to 2029. Major consuming countries include China, the United States, Brazil, and India.