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 Growing markets of soyabean derivatives

Growing markets of soyabean derivatives

Soya producers expected to focus on derivatives and new products

Competition in the global soyabean market is expected to ramp up as both new and existing producers and processors scramble to focus on research and development to satisfy a changing marketplace. A growing trend in the market was projected to be the leading companies’ increasing focus on the growing markets of soyabean derivatives, according to a new study by global market research company Transparency Market Research (TMR). The report forecast the global soya market to grow at a compound annual growth rate (CAGR) of 5% between 2017 and 2025,Some of the leading players in the soya market included Archer Daniels Midland, Cargill, CHS, EI du Pont de Nemours & Co, Fuji Oil Group, House Foods Group, Kerry, Scoular Co and WhiteWave Foods Co.

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