Global Non GMO Soybean Meal Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Non modified soybean meal serves as a valuable protein source in the feed of birds like chickens and turkeys as well as pigs and cattle primarily in their diets instead of its genetically modified alternatives from soybeans grown without genetic modification due to its high nutritional content and easily digestible properties along with its beneficial amino acid composition making it a favored selection, in the field of animal nutrition.
Market Key Insights
- The Non GMO Soybean Meal market is projected to grow from $9.9 billion in 2024 to $18.8 billion in 2034. This represents a CAGR of 6.6%, reflecting rising demand across Animal Feed Production, Human Food Products and Aquaculture.
The market leaders in this industry include Archer Daniels Midland Company and Cargill Incorporated and CHS Inc. which determine the competitive dynamics of this market.
- U.S. and Brazil are the top markets within the Non GMO Soybean Meal market and are expected to observe the growth CAGR of 4.3% to 6.3% between 2024 and 2030.
- Emerging markets including Nigeria, Vietnam and Indonesia are expected to observe highest growth with CAGR ranging between 7.6% to 9.1%.
The Non Gmo Soybean Meal market will experience a $1.2 billion increase in growth through 2030 because of the transition toward sustainable agriculture.
- The Non GMO Soybean Meal market is set to add $8.9 billion between 2024 and 2034, with manufacturer targeting Organic Fertilizers & Food & Beverages End-Users projected to gain a larger market share.
- With
increasing health consciousness, and
growing animal feed industry, Non GMO Soybean Meal market to expand 89% between 2024 and 2034.
Opportunities in the Non GMO Soybean Meal
Technological progress, in processing Non GMO Soybean Meal can bring about opportunities as well. The advancement of eco more efficient extraction methods can boost the appeal of the product to environmentally conscious consumers. Additionally the implementation of cutting edge technology may lower production expenses resulting in pricing and a larger market presence.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
North America. Especially the United States. Plays a role in the Non GMO Soybean Meal market due to the growing awareness among consumers regarding the health advantages of Non GMO Soybean Meal and the strict regulations on genetically modified crops in this regions markets are highly competitive with major players such, as Archer Daniels Midland Company and Cargill Incorporated leading the way. The region's expansion is also driven by the increasing need for non genetically modified food items. This makes it an attractive market, for Non GMO Soybean Meal.
Asia-Pacific Outlook
In the Asia Pacific region There is a rising interest in Non GMO Soybean Meal in nations such as China and India. The swift urban growth and expanding middle class populace in these nations have created a need for more wholesome and safer food choices. This change in what customers prefer is pushing the growth of the Non GMO Soybean Meal sector in the region. There is competition, in this market with both local and global companies striving to grab a piece of the market share. The rise in the livestock industry and the greater use of Non GMO Soybean Meal in animal feed due, to its protein content are important factors influencing the market.
Market Dynamics and Supply Chain
Driver: Increasing Health Consciousness, and Technological Advancements in Agriculture
The increasing animal feed industry plays a role in the Non GMO Soybean Meal market as this particular ingredient is also highly valued for its protein rich and nutritional properties, within animal feed production worldwide driven by the growing livestock sector.
Restraint: High Production Cost
Opportunity: Exploring Untapped Markets and Strategic Partnerships for Market Expansion
Engaging in partnerships with nearby distributors and retailers has the potential to greatly enhance the visibility of Non GMO Soybean Meal in the market place. Joint ventures, with health and wellness companies can also prove advantageous since these firms can tap into their customer base to endorse Non GMO Soybean Meal. This approach is a way to connect with individuals who are actively looking for healthier and non genetically modified food choices.
Challenge: Regulatory Challenges
Supply Chain Landscape
Monsanto
DuPont Pioneer
Archer Daniels Midland
Bunge Limited
Cargill
Louis Dreyfus Company
Animal Feed
Food and Beverage
Pharmaceutical
Monsanto
DuPont Pioneer
Archer Daniels Midland
Bunge Limited
Cargill
Louis Dreyfus Company
Animal Feed
Food and Beverage
Pharmaceutical
Applications of Non GMO Soybean Meal in Animal Feed Production, Human Food Products & Aquaculture
Non GMO Soybean Meal is extensively used in animal feed production due to its high protein content and digestibility. This of soybean meal is particularly favored in poultry and swine diets. The leading player in this sector, Cargill, has capitalized on the demand for Non GMO products, offering high-quality, sustainably sourced soybean meal that aligns with consumer preferences for natural, Non GMO ingredients.
In the aquaculture industry, Non GMO Soybean Meal serves as an excellent alternative to fishmeal. Its high protein content and balanced amino acid profile make it an ideal choice for fish feed. Archer Daniels Midland Company, a dominant player in the aquaculture feed industry, leverages the benefits of Non GMO Soybean Meal to produce superior quality fish feed, thereby strengthening its market position.
Non-GMO Soybean Meal is also a popular ingredient in human food products. It is used in the production of soy flour, soy protein concentrates, and textured vegetable protein, among others. Bunge, a key player in the food industry, utilizes Non GMO Soybean Meal in its product range, highlighting its commitment to delivering nutritious and sustainable food solutions.
Recent Developments
Archer Daniels Midland Company expanded its Non GMO Soybean Meal production capacity in North America, responding to the growing demand for healthier animal feed alternatives
Cargill, Inc. launched a new line of high-protein, Non GMO Soybean Meal products, targeting the aquaculture industry
Bunge Limited entered a strategic partnership with a leading biotech firm to enhance the nutritional profile of its Non GMO Soybean Meal offerings.
Non GMO Soybean Meal has been gaining significant traction in the global market, driven by increasing consumer awareness about the health benefits associated with its consumption. This high-protein feed ingredient, derived from soybeans that have not only been genetically modified, is being increasingly preferred by livestock farmers, poultry feed manufacturers, and aquaculture enterprises.