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    Organic Soybean Market

    ID: MRFR/F-B & N/2864-CR
    89 Pages
    Pradeep Nandi
    September 2017

    Organic Soybean Market Research Report By Application (Crush, Food Use, Feed Use), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

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    Organic Soybean Market Research Report - Forecast to 2030 Infographic
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    Table of Contents

    Organic Soybean Market Summary

    The Global Organic Soybean Market is projected to grow from 1.69 USD Billion in 2024 to 6.2 USD Billion by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    Organic Soybean Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 12.56% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 6.2 USD Billion, indicating substantial growth potential.
    • In 2024, the market is valued at 1.69 USD Billion, showcasing a strong foundation for future expansion.
    • Growing adoption of organic farming practices due to increasing consumer demand for sustainable products is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.69 (USD Billion)
    2035 Market Size 6.2 (USD Billion)
    CAGR (2025-2035) 12.56%

    Major Players

    Carlsberg Group, Accolade Wines, Diageo Plc., Heineken Holding Nv, Beam-Suntory, Constellation Brands, Anheuser Busch InBev, Archer-Daniels-Midland Company, Sapthsathi Organic Agriculture, Soni Soya Products, Grain Millers Inc., Perdue Farms, Tyson Foods Inc., AFG Brazil, Pilgrims’ Pride

    Organic Soybean Market Trends

      • Rising demand for organic soybean will propel market growth

    The expansion of the organic food and feed industries is one of the main factors affecting the demand for organic soybean in the market. Demand for organic soybean food products is primarily driven by rising consumer awareness of the health advantages of organic products and customers' preference for natural products that include fewer chemicals and additives. In addition, the need for organic soybean is anticipated to rise in the feed industry due to the demand for organic chicken, which drives up demand for organic soybean among feed producers.

    Also, the trend of consuming organic and natural food is growing as people strive to lead healthier lifestyles in response to health problems, including obesity, diabetes, and high blood pressure. Thus, this factor is driving the market CAGR.

    As a result, individuals are more likely to consume functional meals like soy-based organic protein products that contain plant-based proteins. The price volatility of grains brought on by climate variations is one of the main issues facing the organic soybean industry. Organic soybean production is directly impacted by climatic irregularity and seasonal fluctuations since they adversely influence crops due to significant and uneven rainfall patterns. Increased consumer demand for naturally produced foodstuffs, which has sparked market investments in organic soybean production, processing, and marketing, will be a further motivator.

    Furthermore, soybean is regarded as a substitute for various convectional commodities; hence, this reason will further push the market. In addition, chronic disorders like obesity, diabetes, and high blood pressure are becoming more prevalent in developed nations like the US and Europe. As a result, people are changing their lifestyles, which will positively impact the market growth for organic soybeans. Thus, it is anticipated that this aspect will accelerate organic soybean market revenue globally.

    The demand for organic soybeans is anticipated to grow as consumers increasingly prioritize sustainable agricultural practices and health-conscious food choices.

    United States Department of Agriculture (USDA)

    Organic Soybean Market Drivers

    Market Growth Projections

    The Global Organic Soybean Market Industry is on a promising growth trajectory, with projections indicating a substantial increase in market value. By 2024, the market is expected to reach 1.69 USD Billion, with further growth anticipated to 6.2 USD Billion by 2035. This upward trend is supported by a compound annual growth rate of 12.56% from 2025 to 2035. Such projections highlight the increasing consumer preference for organic products and the potential for expansion within the industry. The market's growth is likely to attract investments and innovations, shaping the future of organic soybean cultivation.

    Rising Health Consciousness

    The Global Organic Soybean Market Industry experiences a notable surge in demand due to increasing health consciousness among consumers. Individuals are becoming more aware of the nutritional benefits associated with organic foods, including soybeans, which are rich in protein and essential fatty acids. This trend is reflected in the projected market value of 1.69 USD Billion in 2024, as consumers prioritize organic products over conventional options. The shift towards healthier eating habits is likely to drive growth in the organic soybean sector, as more people seek alternatives that align with their wellness goals.

    Government Support and Incentives

    Government support and incentives are crucial drivers in the Global Organic Soybean Market Industry. Various governments worldwide are implementing policies that promote organic farming through subsidies, grants, and educational programs. These initiatives encourage farmers to transition from conventional to organic practices, thereby increasing the availability of organic soybeans. The positive impact of such policies is evident in the market's growth trajectory, with expectations of a compound annual growth rate of 12.56% from 2025 to 2035. This support not only benefits farmers but also aligns with global sustainability goals.

    Sustainable Agricultural Practices

    Sustainable agricultural practices play a pivotal role in the Global Organic Soybean Market Industry. Farmers are increasingly adopting organic farming methods that enhance soil health and biodiversity while minimizing chemical inputs. This shift not only meets consumer demand for organic products but also contributes to environmental sustainability. As a result, the market is projected to grow significantly, reaching an estimated 6.2 USD Billion by 2035. The emphasis on sustainability is likely to attract more farmers to organic soybean cultivation, thereby expanding the supply chain and enhancing market dynamics.

    Technological Advancements in Farming

    Technological advancements in farming techniques are transforming the Global Organic Soybean Market Industry. Innovations such as precision agriculture, biotechnology, and improved pest management strategies are enabling farmers to enhance yields while adhering to organic standards. These advancements not only increase productivity but also reduce the environmental impact of farming practices. As a result, the market is poised for growth, with projections indicating a value of 1.69 USD Billion in 2024. The integration of technology in organic farming is likely to attract new entrants and bolster the overall market landscape.

    Growing Demand for Plant-Based Proteins

    The growing demand for plant-based proteins significantly influences the Global Organic Soybean Market Industry. As consumers increasingly adopt vegetarian and vegan diets, the need for high-quality protein sources has surged. Organic soybeans, known for their rich protein content, are becoming a preferred choice among health-conscious individuals. This trend is expected to propel the market value to 6.2 USD Billion by 2035, as more consumers seek sustainable and nutritious alternatives to animal-based proteins. The rise of plant-based diets is likely to reshape the food industry, further enhancing the appeal of organic soybeans.

    Market Segment Insights

    Organic Soybean Application Insights

    The Organic Soybean market segmentation, based on application includes crush, food use, feed use. The feed use segment held the majority share in 2022 in the organic soybean market data Demand for organic meat products is growing more quickly in the market. To produce organic meat, it is necessary to organic feed and pet food to animals. Hence, the growing demand of high quality organic meat would in turn fuel the growth of the organic soybean market.

    Figure 1: Organic Soybean Market, by Distribution Channel, 2022 & 2030 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Organic Soybean Market Research Report - Forecast to 2030

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Organic Soybean market accounted for USD 0.687 billion in 2022 with a share of around 45.80% and is expected to exhibit a significant CAGR growth during the study Because the region has the highest concentration of health-conscious people and because cardiovascular diseases, obesity, diabetes, high cholesterol, and high blood pressure are becoming more common, among other things, North America gained the largest market share in 2022 and is anticipated to dominate the regional market by the year 2023.

    The United States leads the market for organic soybean meal and is the main contributor to the North American market.. New product development, partnerships, partnerships, expansions, mergers, and acquisitions are the main strategies used by the organisations in the market.

    Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3: ORGANIC SOYBEAN MARKET SHARE BY REGION 2022 (%)ORGANIC SOYBEAN MARKET SHARE BY REGIONSource: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe Organic Soybean market accounts for the second-largest market share. Due to the maturity of the sectors, even though at a slower rate, the high demand for organic soybean in developed markets like Germany and the U.K. will positively impact market growth. Moreover, UK Organic Soybean market held the largest market share, and the Germany Organic Soybean market was the fastest growing market in the region.

    Asia Pacific Organic Soybean Market is expected to grow at the fastest CAGR from 2022 to 2030. Due to growing consumer awareness of a variety of nutrient-rich dietary requirements, an aging population, and the increasing urbanization of developing countries like India and China, the Asia Pacific organic soybean meal market is anticipated to grow at the fastest rate in years. Further, the China Organic Soybean market held the largest market share, and the India Organic Soybean market was the fastest-growing market in the region.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Organic Soybean market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, mergers and acquisitions, contractual agreements, increased investments, and collaboration with other organizations. Competitors in the organic soybean industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    One of the primary business strategies adopted by manufacturers in the organic soybean industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, organic soybean industry has provided medicine with some of the most significant benefits. The Organic Soybean market major player such as Carlsberg Group, Accolade Wines, Diageo Plc., Heineken Holding Nv, Beam-Suntory, Constellation Brands, Anheuser Busch InBev.

    The Archer-Daniels-Midland Company, also known as ADM, is an American multinational corporation established in 1902 with its corporate headquarters in Chicago, Illinois. ADM announced plans to enlarge its North Dakota, U.S., soybean crushing and refining facility in May 2021. The purpose of this plant is to boost oil output. The market structure is moderately consolidated, with a few corporations controlling a sizeable portion of it. For further market consolidation, the main corporations, including Associated British Foods, plc, Bunge, and Cargill, Inc., are concentrating on strategic alliances, mergers & acquisitions, and new product introductions.

    The market's growth is fueled by the competition that has been significantly increased by introducing specialty players.

    CHS Inc.'s Fortune 500 secondary cooperative owners include thousands of preferred stockholders, farmers, ranchers, and US agricultural cooperatives. CHS is a Minnesota-based company that owns and manages several food processing, farm supply, financial services, retail, and wholesale enterprises. 0 174 September 19, 2019, CHS Inc. (NASDAQ: CHSCP) disclosed plans for a sizable refurbishment at its soybean processing facility in Fairmont, Minnesota. Expanding the production of highly sought-after soy-based food and feed additives will improve market access for local soybean growers and provide its owners with a return on their investment.

    Key Companies in the Organic Soybean Market market include

    Industry Developments

    In 2023: Soni Soya Products Pvt. Ltd. launched a new range of organic soy protein isolates and concentrates, targeting the growing demand for plant-based protein ingredients in the food and beverage industry.

    August 2021: Archer Daniels Midland Company and Marathon Petroleum Corp. launched a joint venture to generate soybean oil to meet the growing demand for sustainable diesel fuel.

    September 2021: The latest soybean processor, CHS, has announced a $60 million expansion of its soybean processing facility in Mankato, Minnesota, to strengthen its position in the renewable diesel market. When finished, the plant will increase soybean oil production by 35% yearly.

    Future Outlook

    Organic Soybean Market Future Outlook

    The Global Organic Soybean Market is projected to grow at a 12.56% CAGR from 2024 to 2035, driven by rising consumer demand for organic products and sustainable farming practices.

    New opportunities lie in:

    • Develop innovative organic soybean-based food products targeting health-conscious consumers.
    • Invest in precision agriculture technologies to enhance yield and reduce costs.
    • Expand distribution channels through e-commerce platforms to reach a broader customer base.

    By 2035, the Organic Soybean Market is expected to achieve substantial growth, solidifying its position as a key player in the agricultural sector.

    Market Segmentation

    Organic Soybean Regional Outlook (USD Billion, 2018-2030)

    North America
    • US
    • Canada

    Organic Soybean Application Outlook (USD Billion, 2018-2030)

    • Crush
    • Food Use
    • Feed Use
    • Organic Soybean Regional Outlook (USD Billion, 2018-2030)

    Report Scope

    Attribute/Metric Details
    Market Size 2022 USD 1.5 billion
    Market Size 2024 USD 1.688 billion
    Market Size 2030 USD 3.433 billion
    Compound Annual Growth Rate (CAGR)  12.56% (2024-2030)
    Base Year 2022
    Market Forecast Period 2024-2030
    Historical Data 2019 - 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Application and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Sapthsathi Organic Agriculture, Soni Soya Products, Grain Millers Inc., Perdue Farms, Tyson Foods Inc., AFG Brazil, Pilgrims’ Pride
    Key Market Opportunities Vegan diet or shifting to plant-based meat
    Key Market Dynamics Demand for organic soybean globally

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the Organic Soybean market?

    The Organic Soybean market size was valued at USD 1.5 Billion in 2023.

    What is the growth rate of the Organic Soybean market?

    The market is projected to grow at a CAGR of 12.56% during the forecast period, 2024-2030.

    Which region held the largest market share in the Organic Soybean market?

    North America had the largest share in the market

    Who are the key players in the Organic Soybean market?

    The key players in the market are Sapthsathi Organic Agriculture, Soni Soya Products, Grain Millers Inc., Perdue Farms, Tyson Foods Inc., AFG Brazil, Pilgrims’ Pride

    Which application led the Organic Soybean market?

    The feed use category dominated the market in 2022.

    1. Executive Summary
    2. Industry Overview of Organic Soybean
    3. Scope of the Study 12
      1. Study Objectives 12
      2. Assumptions 12
      3. Market Structure 12
    4. Premium Insights
      1. Organic soybean
    5. Market: Market Mapping & Research Methodology 13
      1. Market Overview: Organic
    6. soybean Market 14
      1. Industry Trends and Market Environment: Organic soybean
    7. Market 15
    8. Global Conventional Soybean Market (2024-2030)
    9. North America Conventional Soybean Market (2024-2030)
    10. Latin America
    11. Conventional Soybean Market (2024-2030)
    12. Europe Conventional Soybean
    13. Market (2024-2030)
    14. Asia Pacific Conventional Soybean Market (2024-2030)
    15. Middle East & Africa Conventional Soybean Market (2024-2030)
    16. Global Organic Soybean Market (2024-20300)
      1. Global Organic Soybean
    17. Market by price trends (2024-20300), USD/Ton 30
    18. North America Organic Soybean
    19. Market (2024-20300)
    20. Latin America Organic Soybean Market (2024-2030)
    21. Europe Organic Soybean Market (2024-2030)
    22. Asia Pacific
    23. Organic Soybean Market (2024-2030)
    24. Middle East & Africa Organic
    25. Soybean Market (2024-2030)
    26. Market Dynamics
      1. Introduction
      2. Drivers 42
        1. Inclination of young population towards organic
    27. products 42
      1. Use of organic food for pets 42
        1. Involvement
    28. of small scale suppliers 42
      1. Restraints 43
        1. Soy Lecithin Allergy
    29. is the major restraints 43
      1. Organic Certifications 43
      2. Opportunities
        1. Investment in R&D and new product development 43
      3. Challanges
        1. Lack of awareness about organic farming practices 44
    30. Tropical environment, insects, low soil fertility etc. 44
    31. Market Factor Analysis
      1. Introduction 45
      2. Porter’s 5 Forces Analysis 45
        1. Threat of New Entrants 45
        2. Threat of Substitutes 46
    32. Bargaining Power of Buyers 46
      1. Bargaining Power of Suppliers 47
    33. Intensity of Rivalry 47
      1. Supply Chain Analysis 49
    34. Global
    35. Conventional Soybean Market Size Forecast (2024-2030)
    36. North America
    37. Conventional Soybean Market Size Forecast (2024-2030)
    38. Latin America
    39. Conventional Soybean Market Size Forecast (2024-2030)
    40. Europe Conventional
    41. Soybean Market Size Forecast (2024-2030)
    42. Asia Pacific Conventional
    43. Soybean Market Size Forecast (2024-2030)
    44. Middle East & Africa
    45. Conventional Soybean Market Size Forecast (2024-2030)
    46. Global Organic
    47. Soybean Market Size Forecast (2024-2030)
    48. North America Organic Soybean
    49. Market Size Forecast (2024-2030)
    50. Latin America Organic Soybean Market
    51. Size Forecast (2024-2030)
    52. Europe Organic Soybean Market Size Forecast
    53. Asia Pacific Organic Soybean Market Size Forecast (2024-2030)
    54. Middle East & Africa Organic Soybean Market Size Forecast (2024-2030)
    55. Global Organic Soybean Suppliers Profiles/Analysis
      1. Sapthsathi
    56. Organic Agriculture project (S.O.A.P.) (India) 75
      1. Soni Soya Products PVT
    57. LTD (India) 76
      1. Shanti Worldwide Private Limited (India) 77
      2. Divine
    58. Soya & Agro Food Private limited (India) 78
      1. Radiance Overseas (India)
      2. AFG Brasil S/A 80
      3. Simmons Grain Company 81
      4. Grain
    59. Millers Inc. 82
    60. Global Organic Soybean Buyers Profiles/Analysis
      1. Perdue Farms 84
      2. Tyson Foods Inc. 85
      3. The Andersons, Inc.
      4. Pilgrim's Pride 87

    Organic Soybean Market Segmentation

    Organic Soybean Application Outlook (USD Billion, 2019-2030)

    • Crush
    • Food Use
    • Feed Use

    Organic Soybean Regional Outlook (USD Billion, 2019-2030)

    • North America Outlook (USD Billion, 2019-2030)
      • North America Organic Soybean by Application
        • Crush
        • Food Use
        • Feed Use
      • US Outlook (USD Billion, 2019-2030)
      • US Organic Soybean by Application
        • Crush
        • Food Use
        • Feed Use
      • CANADA Outlook (USD Billion, 2019-2030)
      • CANADA Organic Soybean by Application
        • Crush
        • Food Use
        • Feed Use
      • Europe Outlook (USD Billion, 2019-2030)
        • Europe Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • Germany Outlook (USD Billion, 2019-2030)
        • Germany Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • France Outlook (USD Billion, 2019-2030)
        • France Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • 9UK Outlook (USD Billion, 2019-2030)
        • UK Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • ITALY Outlook (USD Billion, 2019-2030)
        • ITALY Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • SPAIN Outlook (USD Billion, 2019-2030)
        • Spain Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • Rest Of Europe Outlook (USD Billion, 2019-2030)
        • Rest Of Europe Organic Soybean by Application
          • Crush
          • Food Use
          • Feed Use
        • Asia-Pacific Outlook (USD Billion, 2019-2030)
          • Asia-Pacific Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • China Outlook (USD Billion, 2019-2030)
          • China Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • Japan Outlook (USD Billion, 2019-2030)
          • Japan Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • India Outlook (USD Billion, 2019-2030)
          • India Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • Australia Outlook (USD Billion, 2019-2030)
          • Australia Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • Rest of Asia-Pacific Outlook (USD Billion, 2019-2030)
          • Rest of Asia-Pacific Organic Soybean by Application
            • Crush
            • Food Use
            • Feed Use
          • Rest of the World Outlook (USD Billion, 2019-2030)
            • Rest of the World Organic Soybean by Application
              • Crush
              • Food Use
              • Feed Use
            • Middle East Outlook (USD Billion, 2019-2030)
            • Middle East Organic Soybean by Application
              • Crush
              • Food Use
              • Feed Use
            • Africa Outlook (USD Billion, 2019-2030)
            • Africa Organic Soybean by Application
              • Crush
              • Food Use
              • Feed Use
            • Latin America Outlook (USD Billion, 2019-2030)
            • Latin America Organic Soybean by Application
              • Crush
              • Food Use
              • Feed Use
    Organic Soybean Market Research Report - Forecast to 2030 Infographic
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