Food & Beverage Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Vegetable Oils - Soybean
Overview
Market size
$86.0B
global, USD
CAGR
3.4%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
7
tracked players
Signals
12
1 high severity
Market outlook
2031$101.6B
What changed
Demand by region
Asia Pacific demand47%
North America demand23%
South America demand15%
Europe demand5%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Soybean feedstock seeds72%
Crushing and solvent extraction processing12%
Inbound and outbound logistics8%
Energy and utility overheads5%
Refining and chemical stabilizers3%
share of delivered cost (analyst estimate)