The soybean market has exhibited remarkable growth, achieving a consumption value of 151.4 billion dollars in 2022. This growth trajectory is fueled by a multitude of factors, including the increasing demand for soybeans in various applications and their recognized health benefits. As we look ahead to the forecast period from 2023 to 2028, consumption is expected to continue its upward trend at a Compound Annual Growth Rate (CAGR) of 4.1%. By 2028, the soybean market is projected to reach a substantial value of 192.68 billion USD. Market Overview Soybeans, a…
Soybean Market Grows Steadily, Set to Reach USD 192.68 Billion by 2028
