Organic Soybean Market SupplyDemand, Industry Research and End User Analysis to 2022 Market Introduction Organic soybean are produced without using chemicals including fertilizers and pesticides. Soymeal meal is one of the major products derived from soybean which is used for direct consumption purpose owning to its high nutritional value. Soybean is high in protein and hence is most preferred among the rising population of health conscious consumers. Organic soybean is also now a days being highly used as a potential dairy substitute. Organic soybean oil consumption is also found to be escalating based on its high polyunsaturated and monounsaturated fatty acid content. Soy sauce also holds a significant share in soybean market and is highly consumed in the Asia Pacific region. Overall, mass population of consumers inclining towards health food consumption trends is also considered one of the major drivers for organic soybean market. Competitive Analysis The major key players in organic soybean are
Soybean market are: Sapthsathi Organic Agriculture project (S.O.A.P.) (India) Soni Soya Products Pvt Ltd (India) AFG Brasil S/A (Brazil) Grain Millers Inc. (U.S.) Perdue Farms (U.S.) Tyson Foods Inc. (U.S.) Pilgrim's Pride (U.S.)
Key players are focused majorly on acquisition of small players to expand their business and penetrate the global organic soybean market. Expansion is also one of the key strategies followed by acquisition. Expansion will help in capturing the major market and increasing the production capacity to meet the rising demand from consumer’s end thereby further contributing to increasing revenue. Acquisition and expansions are evaluated to be contributing to more than 25% of strategy share and is facilitating the companies to penetrate the potential market across globe.
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