Organic Soymeal Market Size, Share, Sources Forecast 2022
Posted by Pradeep Zende on February 12th, 2019
Global Organic Soymeal Market Increasing health awareness and beneficial properties of soymeal are expected to influence the organic Soymeal market, positively. One of the major applications of organic soymeal for production of natural and chemical free pet feed is also estimated to contribute to the growth of this market. In addition, diverse application of the product across various industries is anticipated to propel the growth of this market.
Global Key Players and Competition Analysis
The leading market players in the global organic soymeal market primarily are Sapthsathi Organic Agriculture project (India), Soni Soya Products Pvt Ltd (India), AFG Brasil S/A (Brazil), Grain Millers Inc. (U.S.), Perdue Farms (U.S.), Tyson Foods Inc. (U.S.), Pilgrim's Pride (U.S.)
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The global organic soymeal market has been divided into application and region.
Based on Application: Human Food and Animal Feed
Based on Region: North America, Europe, Asia Pacific and ROW.
The global organic soymeal market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Among all the regions, Asia Pacific will dominate the Organic Soymeal Market with more than 35% of the market share and it is projected to reach more than USD 200 million by 2022. Latin America will witness the highest growth rate (~18.25%) during the forecast period 2017-2022. Growing popularity of organic soymeal owing to their high protein value and consumption as protein supplement is supporting its market growth on the global level. Rising health awareness and increasing health concerns have been playing a key role in the organic soymeal growth from the last few years.
High demand for organic soymeal for human consumption based on its high nutritional properties is driving the global organic soymeal market. Increasing health awareness and beneficial properties of soymeal are expected to influence the organic Soymeal market, positively. One of the major applications of organic soymeal for production of natural and chemical free pet feed is also estimated to contribute to the growth of this market. In addition, diverse application of the product across various industries is anticipated to propel the growth of this market.
Browse the market data and information spread across 75 pages with 96 data tables and 07 figures of the report “Organic Soymeal Market Research Report- Forecast to 2022” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/organic-soymeal-market-4217
Jan 2017 The National Commodity and Derivatives Exchange Ltd. (NCDEX), India’s leading commodity exchange, has started of trading in soybean meal. The company aims to expand its product range in near future.
Nov 2016 China’s Dalian Commodity Exchange (DCE) has urged regulators to approve the launch of soybean meal options and introduce a hog futures contract for expanding its agricultural product offering.
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About the AuthorPradeep Zende
Joined: February 12th, 2019
Articles Posted: 396
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