Europe Feed Grade Soybean Meal Market was valued at USD 6.5 Billion in 2022 and is projected to reach USD 9.4 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030.
The Europe Feed Grade Soybean Meal market plays a crucial role in the animal feed industry, providing essential nutrients for livestock. Feed grade soybean meal is a byproduct of oil extraction, typically used as a high-protein ingredient in animal feed, particularly for poultry, cattle, and aquaculture. With increasing demand for animal protein across Europe, the market has been steadily growing, driven by the need for affordable and sustainable feed ingredients. As industries continue to look for efficient alternatives to traditional protein sources, the requirement for feed-grade soybean meal is at an all-time high.
As of recent years, the Feed Grade Soybean Meal market has been influenced by various factors, such as the demand for higher-quality protein in animal feed, sustainability trends, and fluctuations in soybean production. According to recent reports, the European market is expected to witness robust growth, particularly in countries like Germany, the UK, and France. The key players in this market include both global suppliers of soybean meal and regional distributors that cater to the local needs of animal feed producers.
Feed-grade soybean meal is primarily used in livestock farming, where it serves as a protein-rich supplement for animal diets. It is commonly used in the production of animal feed for poultry, swine, and cattle. The demand from the aquaculture industry is also rising, as fish farming operations require high-quality feed ingredients to promote growth and overall health. The requirement for this product is influenced by several factors, including the rising consumption of meat and dairy products, the expansion of livestock farming, and increasing awareness about the importance of balanced diets for animals.
Besides the direct demand from the feed industry, Europe’s commitment to sustainable agriculture has further boosted the market. A shift towards reducing dependency on fishmeal and other traditional protein sources has led to a greater emphasis on plant-based alternatives such as soybean meal. The demand for sustainably sourced feed ingredients is also pushing the industry toward higher quality and more traceable supply chains.
In conclusion, the Feed Grade Soybean Meal market in Europe continues to evolve with increasing demand and a focus on sustainability. As industries move toward more efficient and environmentally friendly practices, the importance of feed-grade soybean meal as a key ingredient in animal feed will only continue to grow.
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ADM
Bunge
AGP
Cargill
Louis Dreyfus Company
Zeeland Farm Services
Hi-Pro Feeds
Vaighai Group
Vijaya
Mukwano Group
Sresta
Luowa
Sodrugestvo
Wilmar International
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Feed Grade Soybean Meal Market
Full-Fat Soybean Meal
Dehulled Soybean Meal
Non-Dehulled Soybean Meal
Poultry Feed
Swine Feed
Aquaculture Feed
Cattle Feed
Pets Nutrition
High-Protein Soybean Meal
Low-Protein Soybean Meal
Solvent Extracted Soybean Meal
Cold Pressed Soybean Meal
Expeller Pressed Soybean Meal
Bulk Packaging
Bagged Packaging
Custom Packaging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Feed Grade Soybean Meal Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Feed Grade Soybean Meal Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Feed Grade Soybean Meal Market, By Type
6. Europe Feed Grade Soybean Meal Market, By Application
7. Europe Feed Grade Soybean Meal Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Feed Grade Soybean Meal Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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