Soybean oil is one of the form of vegetable oil which is extracted from seeds of soybean/glycine max. Primary demand for soybean oil is in the food industry where it is widely used for cooking purpose. In terms of characteristics of soybean oil, it is yellow in color, contains vitamin E, vitamin K, Omega-6 and free from fatty acids and cholesterol, which makes soybean oil as one of the healthiest cooking oil.
It is primarily used in preparing food products such as margarine, frozen foods, salad dressings, shortenings, baked food and in many other products. In terms of demand for soybean oil in global market, North America and Asia-Pacific region are expected to gain largest market share in terms of volume and value.
Some of the key factors which are influencing the demand for soybean oil in the global market is due to increasing number of health conscious consumers and changing preference of consumers towards healthy food. Nowadays, soybean oil is highly preferred among consumers suffering diseases from high cholesterol, obesity and cardiovascular as it helps to manage cholesterol, improves the immune system, reduce cognitive disorder and also helpful to maintain healthy skin.
These are some key factors which are driving the demand for soybean oil in the developed and developing countries. Moreover, it is also preferred by food manufacturers to fulfill the demand for consumers seeking for food products with highly nutritional content.
Food manufacturers are using soybean oil as a key ingredient as it has low saturated fat value, no trans-fat, and fewer calories and on the other side the demand for soybean oil is also fueling from healthcare industry as it is a rich source of omega-3 fatty acids, vitamins and minerals.
In addition, the versatility of soybean oil is also one of the key factor which creates opportunities for rubber and plastic industries, pharmaceutical and nutraceutical products across the global market. In future, the growth soybean may inhibit due to the availability of substitutes such as sunflower seed oil, olive oil, palm oil and many other conventional oil which may limit the growth of soybean oil market.
Soybean oil market is segmented on the basis of raw material, application, end-use and distributional channel. On the basis of raw material, soybean oil is segmented in organic and conventional soybean oil. Market segment by application include food, cosmetics and personal care products, animal agriculture and other.
Further the food segment is sub-segmented into culinary use, bakery, snacks, salad dressings, mayonnaise, meat and fish and others (confectionery).Further, soybean oil market is segmented on the basis of end-use which includes, commercial and household purpose. On the basis of the distributional channel, it is segmented on the basis of supermarket/hypermarket, convenience stores, wholesaler/distributor, and neighborhood stores.
On analyzing the demand for soybean oil in the global level market, it assesses that majority of the use of soybean oil is in food industry due to its low saturated fat contents, a major source of vitamin E, and omega-6 fatty acids. In addition, application of soybean oil makes the food healthier and also shelf stable product. On the other side, the demand for soybean oil is also increasing as an industrial application in industries such as biodiesel, rubber, plastic, paints and coatings and for many other industrial purposes.
On the basis of the regional segment, soybean oil market is segmented into seven regions including North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East & Africa. On analyzing the market share on the graph, it is expected that North America and Asia-Pacific accounts for the majority of share in terms of value and volume in global soybean oil market.
Furthermore, increasing demand for soybean oil in household purpose and in fast food industry among developing countries of Asia Pacific region. In addition, increasing urban population and increasing number of health conscious consumers in China and India show that Asia Pacific region is expected to be one of the most attractive markets in near future.
Some of the key players operating in global soybean oil market are Cargill, Incorporated, Ruchi Soya Industries Limited, LE GROUP INDUSTRIES, AGRO FOOD GROUP, IB Group, FEDIOL, Aceitera General Deheza, Harvest Brand, Granol and Wilmar International Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Our Research Products
The "Full Research Suite" delivers actionable market intel, deep dives on markets or technologies, so clients act faster, cut risk, and unlock growth.
The Leaderboard benchmarks and ranks top vendors, classifying them as Established Leaders, Leading Challengers, or Disruptors & Challengers.
Locates where complements amplify value and substitutes erode it, forecasting net impact by horizon
We deliver granular, decision-grade intel: market sizing, 5-year forecasts, pricing, adoption, usage, revenue, and operational KPIs—plus competitor tracking, regulation, and value chains—across 60 countries broadly.
Spot the shifts before they hit your P&L. We track inflection points, adoption curves, pricing moves, and ecosystem plays to show where demand is heading, why it is changing, and what to do next across high-growth markets and disruptive tech
Real-time reads of user behavior. We track shifting priorities, perceptions of today’s and next-gen services, and provider experience, then pace how fast tech moves from trial to adoption, blending buyer, consumer, and channel inputs with social signals (#WhySwitch, #UX).
Partner with our analyst team to build a custom report designed around your business priorities. From analysing market trends to assessing competitors or crafting bespoke datasets, we tailor insights to your needs.
Supplier Intelligence
Discovery & Profiling
Capacity & Footprint
Performance & Risk
Compliance & Governance
Commercial Readiness
Who Supplies Whom
Scorecards & Shortlists
Playbooks & Docs
Category Intelligence
Definition & Scope
Demand & Use Cases
Cost Drivers
Market Structure
Supply Chain Map
Trade & Policy
Operating Norms
Deliverables
Buyer Intelligence
Account Basics
Spend & Scope
Procurement Model
Vendor Requirements
Terms & Policies
Entry Strategy
Pain Points & Triggers
Outputs
Pricing Analysis
Benchmarks
Trends
Should-Cost
Indexation
Landed Cost
Commercial Terms
Deliverables
Brand Analysis
Positioning & Value Prop
Share & Presence
Customer Evidence
Go-to-Market
Digital & Reputation
Compliance & Trust
KPIs & Gaps
Outputs
Full Research Suite comprises of:
Market outlook & trends analysis
Interviews & case studies
Strategic recommendations
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60+ country-level data splits
Market segment data splits
12 months of continuous data updates
DELIVERED AS:
PDF EXCEL ONLINE
Epoxidized Soybean Oil Market Size and Share Forecast Outlook 2025 to 2035
Oily Waste Can Market Size and Share Forecast Outlook 2025 to 2035
Oil and Gas Seal Market Size and Share Forecast Outlook 2025 to 2035
Oil Coalescing Filter Market Size and Share Forecast Outlook 2025 to 2035
Oil-immersed Iron Core Series Reactor Market Size and Share Forecast Outlook 2025 to 2035
Oil and Gas Sensor Market Forecast Outlook 2025 to 2035
Oil Packing Machine Market Forecast and Outlook 2025 to 2035
Oil and Gas Pipeline Coating Market Forecast and Outlook 2025 to 2035
Oilfield Scale Inhibitor Market Size and Share Forecast Outlook 2025 to 2035
Oil-in-Water Anionic Emulsifier Market Size and Share Forecast Outlook 2025 to 2035
Oil and Gas Field Services Market Size and Share Forecast Outlook 2025 to 2035
Oil Control Shampoo Market Size and Share Forecast Outlook 2025 to 2035
Oil Expellers Market Size and Share Forecast Outlook 2025 to 2035
Oilfield Stimulation Chemicals Market Size and Share Forecast Outlook 2025 to 2035
Oiler Kits Market Size and Share Forecast Outlook 2025 to 2035
Soybean Enzymatic Protein Market Size and Share Forecast Outlook 2025 to 2035
Oil Pressure Sensor Market Size and Share Forecast Outlook 2025 to 2035
Oil Filled Power Transformer Market Size and Share Forecast Outlook 2025 to 2035
Oily Skin Control Products Market Analysis - Size and Share Forecast Outlook 2025 to 2035
Oil Immersed Shunt Reactor Market Size and Share Forecast Outlook 2025 to 2035
Soybean Oil Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
Chat With
MaRIA
