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MarketsandMarkets Presents Soybean Derivatives Market to Hit $254.9 Billion by 2020
The report “Soybean Derivatives Market by Type (Soybean, Soy Meal, and Soy Oil), by Application (Feed, Food, and Other Industries), by Lecithin Processing (Water, Acid, and Enzyme) and by Region - Global Trends & Forecast to 2020”, defines and segments the soybean derivatives market with analysis and projections of the size of the market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, burning issues, and challenges. The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). Key countries the U.S., Brazil, Canada, India, and China are covered and their market is projected for the next five years. The market size is projected on the basis of type, application, by lecithin processing, and region. Soybean derivatives are broadly categorized into soybean, soy meal, and soy oil, on the basis of types. • Browse • 71 market data tables • 82 figures • 196 pages and in-depth TOC on “Soybean Derivatives Market” • You can speak to our research expert to know more about this report@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=43894404
Soybean Derivatives Market Size, by Region, 2014 vs. 2020 ($Million)
The market for soybean derivatives is estimated to be worth $176,921.05 Million in 2015, and is projected to reach $254,931.10 Million by 2020, at a CAGR of 7.6%. In 2015, the Asia-Pacific is estimated to be the largest market and is projected to grow to $125,854.43 Million by 2020, at a CAGR of 7.8%, from 2015. North America is the second-largest market and is projected to grow at a CAGR of 9.2% during the period under review. The key players in this market have developed a range of various products to successfully serve different industries. Thus, the soybean derivatives market is gaining global presence and high level of acceptance among customers. Key participants in the soybean derivatives market include Bunge Ltd (U.S.), Archer Daniels Midland Company (U.S.), Louis Dreyfus Commodities Group (The Netherlands), Cargill, Incorporated (U.S.), and Wilmar International Limited (Singapore). These players are implementing different strategies to achieve growth and development in the soybean derivatives market. These include joint ventures, expansions, acquisitions, and mergers.
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