The analysis of Global Soybean Meal Crush from 2021 to 2030 highlights that China leads with a significant share, followed by the USA and Brazil. In 2023, China held a dominant market position with a substantial gap ahead of other countries. The CAGR from 2024 onwards predicts steady growth, with developing regions like India and Mexico showing promising increases in their crushing capacities. Countries such as Argentina and Brazil continue to be key players due to their significant agricultural output and investments in processing technology.
Future trends to watch include:
- Continued expansion of soybean meal production capacity in Asia, especially in China, driven by growing livestock industries.
- The influence of trade policies and global economic conditions on the United States and South America’s production growth rates.
- The potential impact of climate change on crop yields and the subsequent effects on soybean crushing forecasts globally.
- Technological advancements in crushing techniques that could enhance efficiency and output in emerging markets.
Top countries in Soybean Meal Crush, Forecast 2021-2030 Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 32.78 | 2030 | View data |
| 2 | 2 United States | 17.7 | 2030 | View data |
| 3 | 3 Brazil | 13.72 | 2030 | View data |
| 4 | 4 Argentina | 13.21 | 2030 | View data |
| 5 | 5 India | 3.21 | 2030 | View data |
| 6 | 6 Mexico | 2 | 2030 | View data |
| 7 | 7 Russia | 1.45 | 2030 | View data |
| 8 | 8 Egypt | 1.32 | 2030 | View data |
| 9 | 9 Pakistan | 0.86 | 2030 | View data |
| 10 | 10 Thailand | 0.84 | 2030 | View data |
