Posts

Showing posts with the label U.S. Soybean Market

U.S. Soybean Market - Forecast(2021 - 2026)

U.S. Soybean Market: Overview The growing trend of a fiber rich diet, increased usage of soybean oil as vegetable oil, and bulk transportation of soybean s are the major factors driving the growth of the U.S. soybean market. According to this research report from IndustryARC, the U.S. soybean market size was between $61,000 million to $62,500 million as of the end of 2018, and the market demand is projected to grow at a CAGR of 3.0% to 4.5% during the forecast period of 2019 to 2025. Since soybeans have proven their worth in reducing the risk of osteoporosis and coronary heart diseases, as the awareness increases, the market will witness added demand. U.S. Soybean Market: Outlook According to the World Health Organization, in 2017, the obesity rate among the major states of the U.S., such as Alabama and Michigan, amounted to 31.9% and 38.6% respectively. Soybean or soya bean is a legume bean widely grown for its oil-rich proteinaceous seeds and used as fat free food for people on diet...

U.S. Soybean Market - Forecast(2020 - 2025)

U.S. Soybean Market: Overview The growing trend of a fiber rich diet, increased usage of soybean oil as vegetable oil, and bulk transportation of soybeans are the major factors driving the growth of the U.S. soybean market. According to this research report from IndustryARC, the U.S. soybean market size was between $61,000 million to $62,500 million as of the end of 2018, and the market demand is projected to grow at a CAGR of 3.0% to 4.5% during the forecast period of 2019 to 2025. Since soybeans have proven their worth in reducing the risk of osteoporosis and coronary heart diseases, as the awareness increases, the market will witness added demand.  U.S. Soybean Market: Outlook According to the World Health Organization, in 2017, the obesity rate among the major states of the U.S., such as Alabama and Michigan, amounted to 31.9% and 38.6% respectively. Soybean or soya bean is a legume bean widely grown for its oil-rich proteinaceous seeds and used as fat free food for people on ...