The global soybean meal production landscape in 2023 revealed China as the dominant producer with 32.71% of the global share, followed by the United States at 17.51% and Brazil at 13.39%. Notably, Argentina and India contributed 12.8% and 3.23% respectively. Among other contributors, Mexico, Russia, and Egypt showcased considerable shares, although smaller in magnitude. Minimal contributions from countries like Australia and Saudi Arabia reflect a concentration of production in certain regions.
Looking ahead to 2030, significant production growth is anticipated in countries with established agricultural infrastructures, driven by increasing demand for livestock feed. Developing nations might experience gradual increases due to improved cultivation techniques and investments in agriculture.
Top countries in Soybean Meal Production, Forecast 2021-2030 Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 32.71 | 2030 | View data |
| 2 | 2 United States | 17.51 | 2030 | View data |
| 3 | 3 Brazil | 13.39 | 2030 | View data |
| 4 | 4 Argentina | 12.8 | 2030 | View data |
| 5 | 5 India | 3.23 | 2030 | View data |
| 6 | 6 Mexico | 2 | 2030 | View data |
| 7 | 7 Russia | 1.44 | 2030 | View data |
| 8 | 8 Egypt | 1.31 | 2030 | View data |
| 9 | 9 Pakistan | 0.85 | 2030 | View data |
| 10 | 10 Thailand | 0.83 | 2030 | View data |
