Global Non-GMO Soybean Market size was valued at USD 25.88 Bn in 2023 and is expected to reach USD 44.35 Bn by 2030, at a CAGR of 8 %.
Non-GMO Soybean Market Overview:
The Non-GMO Soybean Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Non-GMO Soybean Market, as well as the causes for variances in the industry’s growth in various places
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Non-GMO Soybean Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Non-GMO Soybean Market Drivers:
The growing awareness among consumers about the potential health risks associated with genetically modified organisms (GMOs) has been a significant driver of the non-GMO soybean market. Concerns regarding allergenicity, antibiotic resistance, and environmental impact have prompted many individuals to seek out non-GMO alternatives. Healthy foods are on the rise. Covid crisis highlighted the importance of healthy food for consumers. Consumers realized that having a healthy, balanced, and diversified diet is important to stay healthy. with the inflation 84%1 of consumers still consider health and wellness when purchasing fresh food.
Moreover, 55%1 of consumers say they are willing to pay a premium for the right healthy foods because they contribute to their health and wellness. In Europe, the number of product launches considered healthy increased by 149%. As a result, there has been an increasing demand for non-GMO soybeans, particularly among health-conscious consumers, driving market growth.
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Non-GMO Soybean Market Segmentation:
by Product
Whole Beans
Crushed Beans
by Form
Soy Concentrates
Soy flour
Textured Soy Protein
by Application
Soybean Meal
Soy Oil
Livestock Feed
Pharmaceutical
Others
by End-User
Food and Beverages
Animal Feed
Others
Non-GMO Soybean Market Key Players: The key players are
North America
1. Grain Millers, Inc. (USA)
2. World Food Processing, LLC (USA)
3. Zeeland Farm Services, Inc. (USA)
4. Laura Soybeans (USA)
Asia Pacific
5. Sans Inc. (South Korea)
6. Divine Soya & Agro Food (India)
7. Vantage Organic Foods Private Ltd. (India)
8. AVI Agri Business Pvt., Ltd. (India)
9. Others
Europe
10. Granos AG Co. (Switzerland)
11. TPK Varna, LLC (Bulgaria)
12. NOWAKO AS (Norway)
13. Eurofit (Germany)
14. Soya Trading S.L. (Spain)
15. FI Farm (Poland)
16. Green Snail Food Company Ltd. (United Kingdom)
17. ACIASSYSTEM (Uruguay)
18. 2PRC (France)
19. EFOS (Croatia)
20. Private Enterprise Victor & K (Belarus)
21. Agro Olga (Brazil)
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Non-GMO Soybean Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Non-GMO Soybean Market Report are:
1] What is the growth rate of the Global Non-GMO Soybean Market?
2] Which region is expected to dominate the Global Non-GMO Soybean Market?
3] What is the expected Global Non-GMO Soybean Market size by 2030?
4] Which are the top players in the Global Non-GMO Soybean Market?
5] What are the factors driving the Global Non-GMO Soybean Market growth?
6] Which country held the largest Global Non-GMO Soybean Market share in 2023?
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