Soybean Derivatives Market By Type, Application, Lecithin Processing and By End User and By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021).
Middle East and Africa Soybean Derivatives Market is worth USD 14billion in 2016 and estimated to grow at a CAGR of 4.8%, to reach USD 17billion by 2021. The Middle East and Africa Soybean Derivatives market is developing at an exceptionally quick pace.
In the food industry, soybean derivatives find use in products such as spreads, snacks, breads, baked products, sauces, and mayonnaise. Residual fibers which are produced after the extraction of oil from soybean are also used in the production of feed for aquaculture, bovine.
Soybean derivatives are also used to manufacture lubricants and hydraulic fluids.
Use of soybean derivatives for the production of bio-diesel is also getting increased attention across the globe.
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The significant drivers for Soybean Derivatives are increasing Asia Pacifc population, increasing awareness among consumers about health, and high demand for animal feed. Also surge in the functional purpose of soy in feed in developing economies will boost this industry.
Difficulty in maintaining pH and operational temperature of Soybean Derivatives limits this industry.
The Middle East and Africa market for Soybean Derivatives is segmented on the basis of Lecithin processing, application, type and region. Based on type, the market is segmented into Soybean, Soy Meal, and Soy Oil.
Based on application, the market is segmented into Feed, Food, and Other Industries. Based on Lecithin processing, the market is segmented into Water, Acid, and Enzyme.
1.5 Y-o-Y Growth Analysis, By Processing
1.6 Market Attractiveness Analysis, By Processing
1.7 Market Share Analysis, By Processing
2.2 Soy Oil
2.2.1 Refined Oil
2.2.3 Others (Gums, Chemicals)
2.4 Soy Meal
2.4.1 Soy Milk
2.4.2 Soy Protein Concentrate
2.6 Y-o-Y Growth Analysis, By Type
2.7 Market Attractiveness Analysis, By Type
2.8 Market Share Analysis, By Type
3.2.1 Poultry Feed
3.2.2 Swine Feed
3.4 Other Industrial Applications
3.5 Y-o-Y Growth Analysis, By Application
3.6 Market Attractiveness Analysis, By Application
3.7 Market Share Analysis, By Application
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Geographically, market is further segmented into Middle East and Africa. Middle East and Africa has an untapped market and key players are slowly expanding to this region which is the main reason for the growth of market in this region.
Louis Dreyfus Commodities (The Netherlands), Cargill, Bunge Ltd (U.S.), Archer Daniels Midland Company (U.S.), Incorporated (U.S.), and Wilmar International Limited (Singapore) are the leaders in the Middle East and Africa Soybean Derivatives market.
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