Global Soybean Oil Market to Reach $18 Billion by 2030
The global market for Soybean Oil estimated at US$8.2 Billion in the year 2022, is projected to reach a revised size of US$18 Billion by 2030, growing at a CAGR of 10.4% over the analysis period 2022-2030. Biodiesel, one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$6.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic & Polymers segment is readjusted to a revised 9.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 16.2% CAGR
The Soybean Oil market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.Select Competitors (Total 43 Featured) -
- ADM
- Arkema SA
- Bunge
- Cargill
- Chemical Company
- Ferro Corporation
- Galata Chemicals
- Hairma chemicals (GZ) Ltd.
- Louis Dreyfus
- Shandong Longkou Longda Chemical Industry Co., Ltd.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Soy Oil - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Soybean Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Soybean Oil by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Soybean Oil by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Biodiesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World Historic Review for Biodiesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 6: World 16-Year Perspective for Biodiesel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Plastic & Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World Historic Review for Plastic & Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 9: World 16-Year Perspective for Plastic & Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 12: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World Historic Review for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: World 16-Year Perspective for Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Paper & Pulp by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World Historic Review for Paper & Pulp by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 18: World 16-Year Perspective for Paper & Pulp by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 19: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 20: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 21: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 22: World Soybean Oil Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 23: USA Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: USA Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: USA 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
CANADA
- Table 26: Canada Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Canada Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: Canada 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
JAPAN
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 29: Japan Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 30: Japan Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: Japan 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
CHINA
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 32: China Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: China Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: China 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
EUROPE
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 35: Europe Recent Past, Current & Future Analysis for Soybean Oil by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Soybean Oil by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Soybean Oil by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 38: Europe Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: Europe Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: Europe 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
FRANCE
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 41: France Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: France Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: France 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
GERMANY
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 44: Germany Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Germany Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: Germany 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
ITALY
- Table 47: Italy Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: Italy Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: Italy 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
UNITED KINGDOM
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 50: UK Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: UK Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: UK 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
SPAIN
- Table 53: Spain Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Spain Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Spain 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
RUSSIA
- Table 56: Russia Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Russia Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Russia 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
REST OF EUROPE
- Table 59: Rest of Europe Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Rest of Europe Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 61: Rest of Europe 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
ASIA-PACIFIC
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Soybean Oil by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific Historic Review for Soybean Oil by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 64: Asia-Pacific 16-Year Perspective for Soybean Oil by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 65: Asia-Pacific Recent Past, Current & Future Analysis for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 66: Asia-Pacific Historic Review for Soybean Oil by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 67: Asia-Pacific 16-Year Perspective for Soybean Oil by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
AUSTRALIA
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
LATIN AMERICA
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
MIDDLE EAST
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
- Soybean Oil Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADM
- Arkema SA
- Bunge
- Cargill
- Chemical Company
- Ferro Corporation
- Galata Chemicals
- Hairma chemicals (GZ) Ltd.
- Louis Dreyfus
- Shandong Longkou Longda Chemical Industry Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 94 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.2 Billion |
Forecasted Market Value ( USD | $ 18 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |