Soybean Processing Thrives Worldwide, Especially Brazil, an Industrial Info Market Brief
Soybean Processing Thrives Worldwide, Especially Brazil, an Industrial Info Market Brief
Attachment: soy
Driven by the booming global meat industry and growing markets for vegetable oils, soybeans have become the primary protein crop worldwide.
Soy is a key ingredient for livestock feeds, supplying the meat industry, as well as a source of edible oil and feedstock for biodiesel. Most of the global soybean production is crushed, resulting in two main products: soy meal and soybean oil.
Brazil produces more than one-third of world's soybean supply and has become the most important soy supplier globally. As a result, companies are seeking to increase production capacity in order to improve their competitiveness.
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