Soybean Market Overview, Growth Drivers Forecast 2024-2030
The report "Soybean Market By Product Type (Whole Soybean, Meal, Oil, Others), By Application (Animal Feed, Aqua Feed, Food and beverages, Personal care, Dietary Supplements, Pharmaceuticals, Others) - Global Forecasts to 2030"
The global soybean market is projected to reach USD 145.9 million in 2023, registering a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period 2024-2030. The growth of the market is majorly driven by the increasing use of soy oils with rising prices of other oils.