In 2023, the soybean cake and meal sales in the US stood at an estimated value of above 17.484 billion USD. From 2024 to 2028, the forecasted data indicates a gradual downward trend, with average values decreasing annually. The Compound Annual Growth Rate (CAGR) over these five years portrays a slight negative growth trajectory.

Future trends to watch for:

Potential impact of technological advancements in alternative feed ingredients on soybean demand.
Shifts in global trade policies affecting US soybean export markets.
Consumer preferences that may influence shifts towards sustainable sourcing.
Climate change impacts on soybean production and supply chain stability.