Soybean Processing Market Report 2026

The soybean processing market size has grown strongly in recent years. It will grow from $98.47 billion in 2025 to $106.81 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to expansion of soybean crushing capacity, rising demand for soybean meal in feed, growth of edible oil consumption, increased investments in processing infrastructure, availability of large-scale soybean supply.

The soybean processing market size is expected to see strong growth in the next few years. It will grow to $153.05 billion in 2030 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing demand for biofuel feedstocks, rising focus on sustainable processing methods, expansion of food-grade soy applications, growing investments in smart processing plants, increasing use of by-product valorization. Major trends in the forecast period include increasing adoption of automated soy processing lines, rising demand for high-efficiency oil extraction, growing use of value-added soy derivatives, expansion of organic and non-gm processing capacity, enhanced focus on energy-efficient processing.

The increased awareness of healthy lifestyles is expected to drive the growth of the soybean processing market going forward. Healthy lifestyle awareness refers to individuals understanding and adopting practices that promote overall well-being. This awareness boosts demand for soybean processing, as soy products offer nutritional benefits such as weight management, cholesterol reduction, and heart health support. For instance, in May 2023, according to the International Food Information Council, a US-based nonprofit organization, 43% of people aimed to lose weight in 2023, up from 34% in 2022, while 39% sought to improve their appearance and 39% wanted more energy, both increasing from 31%. Therefore, growing health consciousness is propelling the soybean processing market.

Strategic partnerships have become a prevalent approach among major companies in the soybean processing industry, enabling them to offer essential communication services to individuals, businesses, and governments. This collaborative strategy involves leveraging mutual strengths and resources for shared benefits and success. For instance, in September 2023, Bartlett Agri Enterprises Inc., a US-based livestock company, joined forces with POSCO International, a South Korean-based company specializing in international trade. The partnership aims to capitalize on new business opportunities in the soybean processing and grain origination export markets. Through the combined expertise and resources of both entities, they intend to foster growth and sustainability in the agricultural sector.

In January 2023, Cargill Inc., a leading US-based food corporation, completed the acquisition of Owensboro Grain Company LLC for an undisclosed amount. This strategic acquisition aligns with Cargill's objectives to enhance and expand capacity across its North American oilseeds network. The acquisition positions Cargill to meet the increasing demand for oilseeds in sectors such as food, feed, and renewable fuels. Owensboro Grain Company LLC, a US-based producer and supplier, contributes to Cargill's capabilities by providing edible oils, soy products, animal feeds, crude oil, and refined vegetables.

Major companies operating in the soybean processing market are Archer Daniels Midland Company, Bunge Limited, Cargill Incorporated, Wilmar International Limited, Louis Dreyfus Company B.V., CHS Inc., COFCO International, AG Processing Inc., Sodrugestvo Group, Aceitera General Deheza S.A., Richardson International Limited, J-Oil Mills Inc., Ruchi Soya Industries Limited, Marubeni Corporation, The Andersons Inc., Fuji Oil Holdings Inc., Olam Agri, Perdue Agribusiness, Adani Wilmar Limited, Viterra Limited.

Asia-Pacific was the largest region in the soybean processing market in 2025. The regions covered in the soybean processing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the soybean processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The soybean processing market includes revenues earned by entities by preparation and dehulling, extraction, disadvantaging, oil refining and processing, and oleochemicals. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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