Agricultural Inputs · Direct
Monitoring · monthlyProcurement Category Intelligence
Animal Feed - Soybean Meal
Overview
Market size
$60
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$74
What changed
Demand by region
Asia Pacific demand38%
North America demand22%
Europe demand18%
Latin America demand14%
Middle East & Africa demand8%
share of global demandtotal 100%
Cost drivers
Raw soy feedstock and procurement65%
Crushing plant utility and energy costs12%
Inland and ocean freight logistics10%
Chemical extraction solvents and additives7%
Capital equipment depreciation and labor6%
share of delivered cost (analyst estimate)