The North America Soybean Derivatives Market is worth USD 61billion in 2016 and estimated to grow at a CAGR of 8%, to reach USD 90 billion by 2021. The North America 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 etc. 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 North America 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 North America 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.
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The North America market has been geographically segmented into segmented into US, Canada and Mexico. North America has the highest no. share in this market .USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by industrial concerns.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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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 North America Soybean Derivatives market.
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