Soybean Meal Industry Size, Trend & Outlook to 2030

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2025-12-18 09:26:59 -

The global soybean meal market size was estimated at USD 120.34 billion in 2023 and is expected to reach USD 162.91 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily driven by the increasing global demand for protein-rich animal feed, particularly from the expanding livestock and poultry industries. Soybean meal, a key byproduct...

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