Soybean by-Products - Global Strategic Business Report

The global market for Soybean by-Products was estimated at US$44.6 Billion in 2024 and is projected to reach US$58.8 Billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Soybean by-Products market.

Global Soybean By-Products Market - Key Trends & Drivers Summarized

Beyond the Bean: How Soybean By-Products Are Powering Circular Economies and Nutritional Innovation

What Constitutes Soybean By-Products and Why Are They Becoming Commercially Significant?

Soybean by-products are secondary outputs derived from the processing of soybeans into primary products such as oil, flour, and protein isolates. Key by-products include soybean meal, soy hulls, soybean lecithin, soy molasses, and okara (soy pulp). These by-products, once treated as waste or low-value inputs, are now experiencing a resurgence of demand across diverse industries such as animal feed, food processing, pharmaceuticals, cosmetics, and bioenergy. Their rising significance is rooted in both environmental and economic rationales, as they support circular production models and help manufacturers extract greater value from each harvested bean.

Soybean meal-the most abundant by-product-constitutes over 70% of the weight of processed soybeans and is primarily used in livestock and aquaculture feed. With high protein content (typically 44-48%), it serves as a crucial protein source in poultry, swine, and fish diets. Soybean hulls are high in fiber and used as a filler in ruminant feed or as a base in cellulose extraction. Lecithin, a phospholipid-rich compound, is recovered during oil degumming and used extensively in bakery, confectionery, and nutraceutical products as an emulsifier. Okara, the fibrous residue from soy milk and tofu production, is gaining popularity in plant-based meat, high-fiber snacks, and fortified food formulations due to its rich content of dietary fiber, protein, and isoflavones.

Which Industries and Applications Are Driving Demand for Soybean By-Products?

Animal nutrition remains the largest consumer of soybean by-products, particularly soybean meal and hulls. The global livestock sector relies heavily on soybean meal for its balanced amino acid profile, digestibility, and cost-efficiency compared to alternative protein sources. With the intensification of poultry and aquaculture industries in Asia, Latin America, and sub-Saharan Africa, demand for protein-rich feed formulations is surging. Soybean meal-s compatibility with feed enzyme technologies and pelletization processes further enhances its utility across feed types.

In the food and beverage sector, soybean lecithin and okara are witnessing expanding applications. Lecithin is widely used in chocolate manufacturing, baking mixes, and margarine as a natural emulsifier. It also plays a functional role in dietary supplements for liver health and cognitive support. Okara is being incorporated into extruded snacks, meat analogs, and bakery products for its textural and nutritional contributions. The demand for clean-label, allergen-free, and plant-based food ingredients is accelerating interest in minimally processed soy by-products, particularly in North America, Japan, and Western Europe.

Soy molasses-a syrupy residue obtained during soy protein concentrate production-is used as a fermentation substrate in amino acid and organic acid production. It is also explored as a feed additive and bioenergy precursor. Cosmetic and pharmaceutical manufacturers utilize lecithin for its biocompatibility in liposomes, ointments, and delivery systems. Meanwhile, soybean oil refining residues are being explored for bio-lubricants, surfactants, and biodiesel production. As biorefinery models evolve, these by-products are expected to serve as key intermediates in bio-based materials, chemicals, and packaging innovations.

Which Geographies Are Leading Adoption and How Are Supply Chains Evolving?

The United States, Brazil, and Argentina dominate global soybean production and processing, and therefore are primary suppliers of soybean by-products. The U.S. leads in lecithin production and high-protein soybean meal exports, supported by extensive crushing infrastructure and feed manufacturing capacity. Brazil and Argentina, with their vast soybean cultivation areas and growing domestic livestock sectors, are rapidly scaling up value-added processing of soybean by-products for local use and export to Asia and Europe.

Asia Pacific is the largest consumer region, led by China, which imports massive quantities of soybean meal and lecithin for its animal feed and food industries. Japan and South Korea have developed niche markets for fermented soy-based ingredients, including products derived from okara and soy molasses. India is emerging as a key market for lecithin and soy flour due to rising demand in the confectionery and nutraceutical segments. Europe is emphasizing non-GMO and identity-preserved soy derivatives for its vegan and specialty food markets, with countries like Germany, the Netherlands, and the UK actively promoting traceable and sustainable soybean sourcing.

Supply chains are becoming increasingly vertically integrated, with crushers and processors investing in refining, enzyme treatment, and fermentation capacity to diversify their by-product portfolios. Certifications such as ProTerra, RTRS, and ISCC are enhancing transparency and sustainability compliance. Additionally, local processing in Africa and Southeast Asia is being promoted through public-private partnerships and feed security initiatives to reduce import dependence and build regional resilience.

What Is Driving Market Growth and Where Are the Innovation Pipelines Emerging?

The growth in the global soybean by-products market is driven by several factors including rising protein demand, focus on sustainable agriculture, and technological advancements in by-product valorization. As the food-feed-fuel nexus intensifies, processors are seeking ways to maximize output and minimize waste from soybean crushing and refining. Circular economy models are incentivizing the upcycling of low-value residues into high-margin applications such as functional foods, biomaterials, and bioplastics.

Innovations in enzyme treatment, extrusion, and fermentation are enabling the functional transformation of by-products into specialty ingredients. Microbiome-friendly feed additives, probiotic-fortified okara powders, and lecithin-based nanocarriers for drug delivery are among the emerging product classes. Startups are exploring 3D-printed meat alternatives and sustainable textiles derived from soy fibers, while academic institutions are developing soy-based adhesives, coatings, and biodegradable packaging materials.

As food systems evolve toward resource efficiency and climate resilience, soybean by-products will play a pivotal role in enabling sustainable innovation across industries. Strategic investments in processing technologies, R&D collaboration, and traceable supply networks will continue to elevate the commercial and environmental value of soybean by-products worldwide.

Scope Of Study:

The report analyzes the Soybean by-Products market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments: Nature Type (Organic, Conventional); Type (Soybean Oil, Oilcake, Lecithin); End-Use (Food Processing End-Use, Foodservice End-Use, Animal Feed End-Use, Retail / Household End-Use, Other End-Uses)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Organic segment, which is expected to reach US$40.0 Billion by 2030 with a CAGR of a 5.5%. The Conventional segment is also set to grow at 3.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $12.2 Billion in 2024, and China, forecasted to grow at an impressive 8.7% CAGR to reach $12.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Soybean by-Products Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Soybean by-Products Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Soybean by-Products Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as AAK Limited, ADM (Archer Daniels Midland Company), Ag Processing Inc., Amaggi (Grupo André Maggi), Batory Foods and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 48 companies featured in this Soybean by-Products market report include:

• AAK Limited
• ADM (Archer Daniels Midland Company)
• Ag Processing Inc.
• Amaggi (Grupo André Maggi)
• Batory Foods
• Bunge Limited
• Cargill, Incorporated
• CHS Inc.
• Devansoy Inc.
• DuPont (Delaware, USA)
• Eden Foods, Inc.
• Grain Millers Specialty Products
• Louis Dreyfus Company
• Nutra Food Ingredients
• Ruchi Soya Industries Ltd.
• Scoular Company
• Sojaprotein a.d.
• Solbar Ltd.
• Thai Vegetable Oil Public Company (TVO)
• Willmar International Limited (Willmar)

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.