Soy chemicals global strategic business report 2024-2030 featuring adm, bunge, cargill, e. i. du pont de nemours and co, elevance renewable sciences, griffin industries, vertec biosolvents
Dublin, july 26, 2024 (globe newswire) -- the "soy chemicals - global strategic business report" report has been added to researchandmarkets.com's offering. the global market for soy chemicals is estimated at us$27.9 billion in 2023 and is projected to reach us$40.1 billion by 2030, growing at a cagr of 5.3% from 2023 to 2030. this comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. the growth in the soy chemicals market is driven by several factors. the increasing consumer demand for natural and sustainable products is a significant driver, as consumers become more conscious of the environmental and health impacts of the products they use. this shift in consumer behavior is prompting manufacturers to reformulate products with soy-based ingredients to meet market expectations. regulatory support and incentives for bio-based products also play a crucial role, encouraging industries to shift towards renewable resources.
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