The global harvested soybean area is led by Brazil with 42.2 million hectares, followed by the United States at 36.3 million hectares, and Argentina with 18.5 million hectares as of 2023. India and China round out the top five, with harvested areas of 12.99 and 10.01 million hectares respectively. The year-on-year variation was minimal between 2022 and 2023 across leading producers. Yearly average growth over the past five years has been stable, showing resilience despite fluctuating market conditions.
Looking ahead, robust global demand for soybean driven by dietary shifts and biofuel needs could stimulate expansion in emerging regions. Watch for technological advancements and geopolitical factors potentially reshaping the industry landscape.
Top countries in Harvested Soybean Area, Forecast 2021-2030 by Country
| # | 10 Countries | Thousand Hectares | Last Year | |
|---|---|---|---|---|
| 1 | 1 Brazil | 42,200 | 2030 | View data |
| 2 | 2 United States | 36,300 | 2030 | View data |
| 3 | 3 Argentina | 18,500 | 2030 | View data |
| 4 | 4 India | 12,990 | 2030 | View data |
| 5 | 5 China | 10,010 | 2030 | View data |
| 6 | 6 Russia | 2,670 | 2030 | View data |
| 7 | 7 Canada | 2,300 | 2030 | View data |
| 8 | 8 Ukraine | 1,670 | 2030 | View data |
| 9 | 9 South Africa | 808.4 | 2030 | View data |
| 10 | 10 Indonesia | 391 | 2030 | View data |
