Global Soybean Hull Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Soybean Hull market:
The latest research study on the global Soybean Hull market finds that the global Soybean Hull market reached a value of USD 2738.01 million in 2022. It’s expected that the market will achieve USD 3569.0 million by 2028, exhibiting a CAGR of 4.52% during the forecast period.

Soybean hulls are a by-product of soybean processing for oil and meal production.

Opportunities
Current applications of soybean hulls are utilizations to animal feed, treatment of wastewater, dietary fiber, and herbal medicine. The conversion of soybean hulls is concerned with ethanol production, bio-oil, polysaccharides, microfibrils, peroxidase, and oligopeptides. Soybean hull is an important source on environment, energy, animal breeding, materials, chemicals, medicine, and food.
Cellulose is part of soybean hull. Cellulose derived most frequently from wood is widely used in a range of applications including composites, papermaking, food additives, textile, and pharmaceutical industries. More importantly, cellulose is also useful for bio-ethanol production after enzymatic hydrolysis.

Market Drivers
Market demand for raw soybeans has increased. Soybeans are an important commodity for both grain and oil. As a food, soybean is a high-quality, high-content plant protein resource. As an oil crop, soybean is the world's leading provider of vegetable oils and protein cakes. As soybeans play an important role in addressing the current state of insufficient protein resources in developing countries, global demand for soybeans is also growing rapidly.

Region Overview:
In 2022, the share of the Soybean Hull market in North America stood at 24.12%.

Company Overview:
Cargill is one of the major players operating in the Soybean Hull market, holding a share of 4.56% in 2023.

Cargill
Cargill, Incorporated, through its subsidiaries, engages in the businesses of food, agriculture, financial, and industrial products and services worldwide.

Archer-Daniels-Midland
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally.

Segmentation Overview:
Among different product types, Loose Form segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Ruminant Diets segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Soybean Hull market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Soybean Hull market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Soybean Hull and its sub-markets in an intuitive way.

Key Companies in the global Soybean Hull market covered in Chapter 3:
Cargill
Henan Sunshine
Xiamen Zhongsheng
Yihai Kerry
Dalian Huanong
Shandong Bohi
Donlinks
Sanhe hopefull
Arkema
Shandong Sanwei
Wilmar International
Louis Dreyfus
COFCO Corporation
ADM
Bunge

In Chapter 4 and Chapter 14.2, on the basis of types, the Soybean Hull market from 2018 to 2029 is primarily split into:
Loose Form
Pellet Form

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Soybean Hull market from 2018 to 2029 covers:
Ruminant Diets
Swine Diets
Poultry Diets
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Soybean Hull market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions