Share on

Middle East And Africa Soybean Derivatives Market By Type (Soybean, Soy Meal, And Soy Oil), Application (Feed, Food, And Other Industries), Lecithin Processing (Water, Acid, And Enzyme) And By End User and By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2023 to 2028)

Published: March, 2023
ID: 3492
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Soybean Derivatives Market Growth and Forecast (2023 - 2028):

Middle East and Africa Soybean Derivatives Market is worth USD 15.18 billion in 2022 and estimated to grow at a CAGR of 4.55%, to reach USD 18.970 billion by 2028. The Middle East and Africa Soybean Derivatives market is developing at an exceptionally quick pace.

Market Overview:

In the food industry, soybean derivatives find use in products such as spreads, snacks, breads, baked products, sauces, and mayonnaise. Residual fibers which are produced after the extraction of oil from soybean are also used in the production of feed for aquaculture, bovine etc. Soybean derivatives are also used to manufacture lubricants and hydraulic fluids. Use of soybean derivatives for the production of bio-diesel is also getting increased attention across the globe.

Drivers and Restraints:

The significant drivers for Soybean Derivatives are increasing Asia Pacifc population, increasing awareness among consumers about health, and high demand for animal feed. Also surge in the functional purpose of soy in feed in developing economies will boost this industry. Difficulty in maintaining pH and operational temperature of Soybean Derivatives limits this industry.

Middle East and Africa Soybean Derivatives Market Segmentation Analysis:

The Middle East and Africa market for Soybean Derivatives is segmented on the basis of Lecithin processing, application, type and region. Based on type, the market is segmented into Soybean, Soy Meal, and Soy Oil. Based on application, the market is segmented into Feed, Food, and Other Industries. Based on Lecithin processing, the market is segmented into Water, Acid, and Enzyme.

Region Analysis:

Geographically the Middle East and Africa Soybean Derivatives Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.

Key Players in the Market:

Major Key Players in the MEA Soybean Derivatives Market are

  • Louis Dreyfus Commodities (The Netherlands)
  • Cargill
  • Bunge Ltd (U.S.)
  • Archer Daniels Midland Company (U.S.)
  • Wilmar International Limited (Singapore)

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample