#Soybean Market forecast

[sabrinawillson03]

Title: Global Soybean Market Growth: Trends, Drivers, and Future Outlook (2024-2032)

Introduction

The global soybean market was valued at USD 157.61 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2032, reaching an estimated value of USD 226.27 billion by 2032. Soybeans, one of the most essential and versatile crops globally, play a critical role in meeting the nutritional needs of a growing global population. With demand expanding across various sectors, including food, animal feed, and biofuels, the soybean market is positioned for substantial growth in the coming years.

This article explores the key drivers, trends, challenges, and future prospects of the soybean market. We will dive into the various factors fueling this growth and discuss what businesses and investors need to know about the evolving landscape of the soybean industry.

Soybean Market Overview

Soybeans are a legume that serves as a vital source of plant-based protein, oil, and other products for both human and animal consumption. The global soybean market is influenced by a variety of factors, including agricultural practices, production levels, international trade policies, and changing consumer preferences.

Soybeans are primarily produced in countries like the United States, Brazil, Argentina, China, and India, which together account for the largest share of global production. Soybeans are used in a multitude of products such as cooking oil, animal feed, dairy alternatives, and processed foods like tofu and soy milk. In recent years, soybeans have also gained popularity in the biofuel sector, particularly in the production of biodiesel.

Key Drivers of Soybean Market Growth

1. Growing Demand for Plant-Based Proteins

One of the most significant factors contributing to the growth of the soybean market is the rising demand for plant-based proteins. As more people adopt vegetarian, vegan, and flexitarian diets, soybeans have emerged as a primary source of protein. This trend has been particularly evident in developed markets like North America and Europe, where consumers are increasingly seeking sustainable, plant-based alternatives to animal protein sources.

Soy protein is widely used in meat substitutes, protein powders, and dairy alternatives. The growing consumer interest in healthier and more sustainable diets is expected to drive continued growth in the demand for soybean-based products.

2. Expansion of the Animal Feed Industry

The soybean market is also benefiting from the continued growth of the animal feed industry. Soybean meal, which is a by-product of soybean oil extraction, is one of the most common protein sources used in livestock feed, particularly for poultry, swine, and aquaculture. As global meat consumption rises, driven by population growth and increasing disposable incomes in emerging economies, demand for soybean meal is expected to continue to grow.

China, in particular, is one of the largest importers of soybeans, as it relies heavily on soybean meal for livestock production. The expansion of the global animal feed market is, therefore, a key growth driver for the soybean market.

3. Technological Advancements in Soybean Farming

Technological advancements in farming techniques have greatly enhanced soybean yields. The development of genetically modified (GM) soybeans, which are resistant to pests, diseases, and environmental stressors, has contributed to higher crop yields and more efficient farming practices. These innovations have enabled farmers to meet the growing global demand for soybeans while also reducing the environmental impact of soybean production.

Additionally, improved farming equipment, precision agriculture, and innovative irrigation techniques are allowing for more efficient land use, further supporting the soybean market's growth.

4. Increasing Utilization in Biofuels

The use of soybeans in biofuels is also driving market growth. Soybean oil is a key ingredient in the production of biodiesel, which is gaining traction as an alternative to traditional fossil fuels. With growing concerns about the environmental impact of petroleum-based fuels, biodiesel derived from soybeans is seen as a sustainable option. As countries around the world increase their focus on renewable energy and reducing carbon emissions, demand for soybean-based biofuels is expected to rise.

The U.S., Brazil, and Argentina are key players in this sector, with large-scale biodiesel production plants that use soybean oil as a primary feedstock.

5. International Trade and Supply Chain Growth

International trade plays a crucial role in the growth of the global soybean market. Brazil, Argentina, and the United States are among the top exporters of soybeans, and countries in Asia—especially China—are the largest importers. Trade agreements, tariffs, and market access are essential factors influencing the global soybean supply chain.

China's position as the world's largest importer of soybeans is vital to the market's dynamics, and shifts in China’s import policies or domestic production levels can significantly impact global soybean demand.

Challenges Facing the Soybean Market

1. Environmental and Climate Change Issues

Soybean farming is sensitive to environmental changes, and climate change poses a significant threat to production levels. Extreme weather events such as droughts, floods, and unpredictable temperature fluctuations can negatively affect soybean crop yields. Farmers may face challenges in ensuring stable production due to these environmental factors.

Additionally, concerns regarding deforestation and land-use change associated with large-scale soybean production, particularly in Brazil's Amazon rainforest, have raised environmental and social issues. Efforts to mitigate the impact of soybean cultivation on sensitive ecosystems will be crucial for the future sustainability of the market.

2. Volatility in Global Soybean Prices

Soybean prices are subject to fluctuations due to various factors, including crop yields, weather conditions, and global supply-demand imbalances. The volatility in global prices can create uncertainty for producers and investors. Price fluctuations are particularly influenced by key exporters such as the U.S. and Brazil, and shifts in import demand from countries like China can create significant price movements.

3. Trade Uncertainty and Geopolitical Risks

The soybean market is vulnerable to trade uncertainties and geopolitical risks. For example, trade disputes and tariff impositions between major soybean exporters like the U.S. and China can disrupt the global supply chain. The ongoing U.S.-China trade war and its impact on soybean exports is a prime example of how international politics can affect the market.

As the global economy continues to face geopolitical tensions, soybean producers and exporters must navigate shifting trade policies and market access restrictions.

Future Outlook of the Soybean Market (2024-2032)

The soybean market is expected to continue its positive growth trajectory over the next decade. With a CAGR of 4.1%, the market is poised to reach USD 226.27 billion by 2032.

Key Factors to Watch:

Plant-based Protein Demand: The shift towards plant-based diets and meat alternatives will continue to fuel the demand for soy protein.

Technological Innovations: Advancements in GM soybeans and farming technologies will help improve crop yields and sustainability.

Sustainability and Biofuels: The use of soybeans for biofuel production will increase as demand for renewable energy rises globally.

International Trade: Trade agreements and political stability will remain crucial factors influencing soybean supply and demand.

As global populations continue to rise and dietary patterns evolve, the demand for soybeans will likely remain strong. However, the industry must address environmental challenges and adapt to changing trade dynamics to maintain sustainable growth.

Here is some additional information that could further enhance the understanding of the global soybean market and its dynamics:

1. Leading Soybean Producing Countries

The global soybean market is primarily driven by a few key producing countries. The top producers and exporters of soybeans are:

United States: The U.S. has long been a leader in soybean production, particularly in states like Iowa, Illinois, Indiana, and Ohio. The U.S. accounts for nearly one-third of global soybean exports, with China being its largest customer.

Brazil: In recent years, Brazil has become the world's largest producer of soybeans, surpassing the U.S. in production volume. The country benefits from a favorable climate for soybean cultivation and has rapidly expanded its agricultural land in the Mato Grosso region. Brazil is also the largest exporter of soybeans, and the growth of its infrastructure, such as ports and logistics networks, has helped it become a dominant player in the global soybean trade.

Argentina: Argentina is another major producer and exporter of soybeans, known for its high-quality crops. Soybeans play a significant role in Argentina’s economy, especially in the export of soybean meal and oil.

China: While China is the largest importer of soybeans globally, it also produces a significant amount of soybeans domestically, primarily in the northeastern and central regions. However, the domestic production is insufficient to meet its demand, which is why China heavily imports soybeans from other countries.

2. Key Soybean Products and Their Uses

Soybeans are incredibly versatile, and their by-products serve a wide range of industries. The key products derived from soybeans include:

Soybean Oil: Soybean oil is the most widely used edible oil globally, employed in cooking, frying, salad dressings, and as a key ingredient in processed food products. It is also used in non-food industries such as biodiesel production, paints, lubricants, and soaps.

Soybean Meal: This by-product of oil extraction is used primarily in animal feed, particularly for poultry, livestock, and aquaculture. Soybean meal is highly valued for its high protein content, making it an essential ingredient in feed formulations.

Tofu and Tempeh: These traditional Asian products made from soybeans are gaining popularity in Western countries as more people adopt plant-based diets. Tofu and tempeh are used as meat substitutes in vegetarian and vegan diets due to their high protein content.

Soy Milk: Soy milk is a widely consumed dairy alternative, especially in vegan and lactose-intolerant populations. It is used as a base for various beverages, desserts, and products like soy yogurt.

Soy Protein Isolate: Soy protein isolate, a refined form of soy protein, is used in health supplements, protein bars, and meat alternatives, particularly in products such as veggie burgers, soy sausages, and plant-based burgers.

Soy Lecithin: A by-product of soybean oil extraction, soy lecithin is used as an emulsifier in food products such as chocolates, baked goods, and margarine. It also has applications in cosmetics and pharmaceuticals.

3. The Role of Soybeans in Global Trade

Soybeans play a crucial role in international trade, especially between the world's largest producing countries (the U.S., Brazil, and Argentina) and major importers like China and the European Union. Trade policies and tariffs can significantly impact the global flow of soybeans, as seen during the U.S.-China trade war (2018-2020), when China imposed tariffs on U.S. soybeans, affecting trade volumes.

Moreover, geopolitical instability or climate-related disasters in key production regions, such as droughts in Brazil or floods in the U.S., can cause volatility in global soybean prices. Additionally, trade agreements like the USMCA (United States-Mexico-Canada Agreement) or the Mercosur-European Union trade deal have significant implications for soybean exports and global market prices.

4. The Impact of Consumer Trends on Soybean Products

As more consumers shift towards plant-based diets, the demand for soy products is increasing. Meat alternatives, particularly plant-based burgers and sausages, are a driving force behind this trend. Companies like Beyond Meat and Impossible Foods, which use soy protein in their products, are reshaping the food industry.

The dairy-free movement is also boosting demand for soy milk and other soy-based dairy alternatives, which offer a nutritious, lactose-free alternative to traditional cow's milk. This trend is expected to expand globally as more consumers seek healthier, environmentally friendly food options.

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[allthebrazilianpolitics]

Brazil forecasts a grains harvest of 312 million tons, but climate conditions will hinder soybeans

Brazilian farmers are expected to harvest some 312 million tons of grains and oil seeds in the 2023/2024 crop, which will be 2,4% lower than the record volume of the previous crop.

According to Conab the Brazilian Supply Corporation this is because of modest rainfall and high temperatures in the center west states, while in the south, mainly Rio Grande do Sul there has been an excess of rainfall. These climate conditions have had an impact on wheat and soybean, according to the 2023/24 grains survey released by Conab last week.

“We will have to double our monitoring of production areas since the behavior of climate this year, somehow erratic is becoming a determining factor for the sowing of crops or in the process of development because of El Ni;o phenomenon, Likewise certain delay with soy plantations means uncertainty for the second harvest of maize,” pointed out Silvio Porta, head of Conab agriculture and information policy.

Conab also points out that rice production is estimated to increase 7,5%, and could reach 10,79 million tons which is good news for the domestic market. This is because of a greater area planted as well as an improved yield. The counter news is that the excess of rainfall in Rio Grande do Sul, the leading rice state, is delaying the maturing of the grain given the excess humidity.

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[mpkpr]

Soybean Meal Market: Key Trends and Future Growth Forecast 2029

"The Soybean Meal Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

Brief Overview of the Soybean Meal Market:

The global Soybean Meal Market is expected to experience substantial growth between 2024 and 2029. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.

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Which are the top companies operating in the Soybean Meal Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Soybean Meal Market report provides the information of the Top Companies in Soybean Meal Market in the market their business strategy, financial situation etc.

Adisseo France S.A.S., Ajinomoto Co., Inc., Archer Daniel Midland (ADM), BASF SE, Biomin Holdings Gmbh, Cargill, Incorporated, Chr. Hansen, Danisco (DuPont Danisco Animal Nutrition), DSM, Elanco Animal Health, Evonik Industries, Kemin Industries, Inc., Novozymes, Novus International Inc., Nutreco N.V., Amco Protiens, Prinova Group LLC, Covington & Burling LLP

Report Scope and Market Segmentation

Which are the driving factors of the Soybean Meal Market?

The driving factors of the Soybean Meal Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Soybean Meal Market - Competitive and Segmentation Analysis:

**Segments**

- Based on source, the soybean meal market is segmented into organic and conventional. With the growing consumer preference for organic products and the rising awareness about health and environmental benefits, the organic segment is expected to witness significant growth during the forecast period. - By application, the market is categorized into animal feed, food and beverages, and others. The animal feed segment holds a dominant position in the market due to the high protein content and nutritional benefits of soybean meal for livestock. - Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific region is anticipated to lead the market owing to the substantial consumption of soybean meal in countries like China and India due to the increasing demand for livestock products.

**Market Players**

- Archer Daniels Midland Company - Cargill, Incorporated - Louis Dreyfus Company B.V. - Bunge Limited - Wilmar International Ltd. - AG Processing Inc - CHS Inc - Land O'Lakes Inc - AGRO INDUSTRIAL PARAMONGA S.A. - CHAITANYA CHEMICALS - Tyson Foods, Inc. - Sodrugestvo Group S.A. - The Scoular Company - Sonac BV

The global soybean meal market is poised for significant growth during the forecast period, driven by factors such as the increasing demand for protein-rich animal feed, rising awareness regarding the health benefits of soy products, and the growing popularity of organic sources. Market players are focusing on product innovations, strategic collaborations, and expansions to gain a competitive edge in the market. With the expanding livestock industry and the rising trend of plant-based diets, the soybean meal market is expected to witness steady growth across different regions.

For more detailed information, visit: https://www.databridgemarketresearch.com/reports/global-soybean-meal-marketThe global soybean meal market is experiencing a transformative phase driven by various factors that are reshaping the competitive landscape and market dynamics. One of the primary growth drivers for the market is the increasing demand for protein-rich animal feed, particularly in the backdrop of the expanding livestock industry worldwide. Soybean meal, known for its high protein content and nutritional benefits, is extensively used as a key ingredient in animal feed formulations, thereby propelling its adoption among livestock farmers and feed manufacturers.

Moreover, the rising awareness regarding the health benefits associated with soy products is further fueling the demand for soybean meal across various end-use applications. Consumers are increasingly opting for products that offer health and nutritional advantages, which has boosted the consumption of soybean meal in the food and beverage sector. The versatility of soybean meal in applications such as meat substitutes, dairy alternatives, and functional food products has broadened its market potential and spurred its integration into diverse product offerings.

Furthermore, the burgeoning trend towards organic sources and sustainable food production practices is creating new growth opportunities for the soybean meal market. The organic segment within the soybean meal market is projected to witness substantial growth as more consumers prioritize organic and clean-label products. This shift towards organic soybean meal aligns with the overarching trend of sustainability and environmental consciousness prevalent in the food and agriculture industry.

In terms of geographical segmentation, the Asia-Pacific region stands out as a key market leader for soybean meal, driven by the high consumption levels in countries like China and India. The increasing demand for livestock products in these regions, coupled with the growing awareness regarding the nutritional benefits of soy-based feed, is boosting the market growth in Asia-Pacific. Additionally, the presence of key market players and strategic initiatives aimed at expanding market presence are further contributing to the region's prominence in the global soybean meal market.

Market players operating in the soybean meal sector are actively engaged in strategic actions such as product innovations, partnerships, and expansions to strengthen their market position and cater to evolving consumer preferences. Collabor**Market Players**

Adisseo France S.A.S. Ajinomoto Co., Inc. Archer Daniel Midland (ADM) BASF SE Biomin Holdings Gmbh Cargill, Incorporated Chr. Hansen Danisco (DuPont Danisco Animal Nutrition) DSM Elanco Animal Health Evonik Industries Kemin Industries, Inc. Novozymes Novus International Inc. Nutreco N.V. Amco Protiens Prinova Group LLC Covington & Burling LLP

The global soybean meal market is witnessing significant growth propelled by various factors such as the increasing demand for protein-rich animal feed and the rising awareness of the health benefits associated with soy products. Market players are continuously innovating their products, forming strategic partnerships, and expanding their market presence to stay competitive in the growing market. The shift towards organic sources and sustainable food production is offering new opportunities for growth within the soybean meal market, particularly in the organic segment, driven by consumer preferences for organic and clean-label products.

Geographically, the Asia-Pacific region remains a key market for soybean meal, with countries like China and India driving high consumption levels. The region's increasing demand for livestock products, coupled with the awareness about the nutritional benefits of soy-based feed, is fueling market growth in Asia-Pacific. Key market players are actively involved in strategic activities such as product innovations and collaborations to capitalize on market opportunities and address changing consumer needs.

The

North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Soybean Meal Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.

Similarly, Europe plays a crucial role in the global Soybean Meal Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.

Explore Further Details about This Research Soybean Meal Market Report https://www.databridgemarketresearch.com/reports/global-soybean-meal-market

Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.

Neutral perspective on the Soybean Meal Market scenario

Recent industry growth and new developments

Competitive landscape and strategies of key companies

The Historical, current, and estimated Soybean Meal Market size in terms of value and size

In-depth, comprehensive analysis and forecasting of the Soybean Meal Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2029) of the following regions are covered in Chapters

The countries covered in the Soybean Meal Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa

Detailed TOC of Soybean Meal Market Insights and Forecast to 2029

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Soybean Meal Market Landscape

Part 05: Pipeline Analysis

Part 06: Soybean Meal Market Sizing

Part 07: Five Forces Analysis

Part 08: Soybean Meal Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Soybean Meal Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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Threonine Prices, News, Trend, Graph, Chart, Monitor and Forecast

 The global threonine market has been subject to significant price fluctuations due to a combination of supply chain disruptions, raw material costs, demand shifts, and geopolitical factors. Threonine, an essential amino acid primarily used in animal feed, plays a vital role in poultry, swine, and aquaculture nutrition, making its pricing dynamics highly sensitive to market conditions. One of the key influences on threonine prices is the cost of feedstock, particularly corn and soybean meal, which serve as the primary raw materials for its production. Variations in agricultural output, weather conditions, and government policies affecting crop yields directly impact the availability and cost of these inputs, subsequently influencing threonine prices. In recent years, disruptions in global trade routes, rising energy costs, and fluctuating freight rates have also contributed to price volatility. The COVID-19 pandemic further exacerbated supply chain constraints, leading to increased transportation costs and delays in raw material procurement. As a result, threonine prices saw an upward trend during 2023, with some periods of stabilization as supply chains adjusted to new market realities.

In the United States, threonine prices have been significantly influenced by domestic supply levels and import trends. In the fourth quarter of 2024, feed-grade threonine prices increased due to strong demand from the livestock sector and disruptions in logistics. Port strikes, high shipping costs, and delays in cargo movement contributed to elevated landed costs, pushing prices higher. Meanwhile, food-grade threonine experienced a different trajectory, with prices declining due to an oversupply situation. Manufacturers had ramped up production in anticipation of strong demand, but lower-than-expected consumption resulted in high inventory levels, prompting price reductions. Additionally, Chinese suppliers raised their export prices due to increased production costs, currency fluctuations, and regulatory compliance expenses. This move added pressure on U.S. buyers, who sought alternative sources to maintain cost-effectiveness. Despite these challenges, competitive import pricing from certain regions helped prevent an extreme surge in costs. By the end of 2024, market participants remained cautious, with limited spot buying activity and a general expectation of price stabilization in early 2025.

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In China, the threonine market has witnessed a steady increase in export prices, driven by production costs and demand from key industries. Despite a decline in raw material prices, including corn derivatives, the overall cost of production remained high due to logistical challenges and rising operational expenses. The Chinese government's strict environmental regulations on chemical production further contributed to increased costs for manufacturers, leading them to adjust pricing strategies accordingly. The appreciation of the U.S. dollar against the Chinese yuan also played a role in price adjustments, making Chinese threonine exports relatively expensive for international buyers. However, some manufacturers attempted to offload excess inventory by offering competitive pricing, which helped slow down the price escalation. Demand for feed-grade threonine remained stable, with minor fluctuations in prices, while food-grade threonine saw continued demand growth due to its widespread application in dietary supplements and pharmaceuticals. Moving forward, Chinese suppliers are expected to implement strategic pricing models to maintain their presence in international markets while balancing production costs and profitability.

The European threonine market has followed a similar trend, with rising prices largely driven by strong demand from the animal feed industry. The region's reliance on imported threonine has made it vulnerable to global supply chain disruptions, with price fluctuations reflecting broader market trends. The poultry and swine industries have been key consumers, with feed manufacturers optimizing formulations to enhance animal health and productivity. Rising input costs, including those of casein and milk derivatives, have also influenced production expenses, contributing to price increases. Moreover, regulatory policies in the European Union regarding feed additives and sustainability have shaped the market landscape, with manufacturers focusing on compliance while maintaining competitive pricing. Despite the higher costs, demand for threonine has remained robust, as European buyers seek to secure steady supplies amid uncertainties in global trade.

As of early 2025, the global threonine market has experienced a decline in prices, as suppliers compete for market share and attempt to balance excess inventory with limited demand growth. Most regions have seen a downward trend in prices, with expectations that further reductions may occur if market conditions remain unchanged. However, historically low Free on Board (FOB) China prices indicate a potential stabilization when demand picks up in the second quarter of the year. Additionally, lower container shipping rates have yet to be fully reflected in the market, suggesting possible price adjustments in the coming months. With first-quarter contracts nearly finalized, buyers and sellers are closely monitoring demand signals before making long-term commitments for the second quarter.

The primary driver of this growth is the rising global demand for protein sources, leading to increased livestock production and, consequently, higher demand for feed additives. As more farmers and feed manufacturers focus on optimizing nutrition for better animal growth and productivity, the importance of threonine in feed formulations continues to rise. Advances in fermentation technology and cost-efficient production methods are also expected to play a role in shaping the market landscape. Additionally, sustainability initiatives and regulatory frameworks could influence production strategies, pushing manufacturers to adopt environmentally friendly processes while maintaining cost-effectiveness.

In conclusion, the threonine market is undergoing significant shifts influenced by supply chain factors, production costs, regulatory policies, and global trade dynamics. While short-term price declines suggest a temporary market correction, long-term demand fundamentals remain strong, particularly in the animal feed industry. As industry stakeholders navigate these changes, strategic sourcing, production efficiency, and market intelligence will be critical in adapting to evolving trends. Despite ongoing challenges, the outlook for threonine remains positive, with steady growth anticipated in the coming years. Industry players must stay informed about price movements, emerging regulations, and technological advancements to maintain a competitive edge in this dynamic market.

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Biological Seed Treatment Market Global Opportunity Analysis & Industry Forecast, 2024–2030.

Biological Seed Treatment Market Overview

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A major trend is the integration of precision agriculture techniques with biological seed treatments. Farmers are increasingly utilizing data-driven tools and technologies to optimize the application of biological treatments to ensure that seeds receive the exact amount of treatment needed based on specific environmental conditions and crop requirements. In August 2024, an Indian startup specializing in AI-driven agricultural solutions, AgriTech Innovators, secured an investment of $50 million to advance smart farming technologies. This investment is poised to revolutionize crop management practices, enhance productivity and contribute to the sustainability of Indian agriculture. Another notable trend is the growing interest in bio-stimulants which are being combined with traditional biological seed treatments to boost seed vitality and improve stress resistance.

Market Snapshot:

Biological Seed Treatment Market — Report Coverage:

The “Biological Seed Treatment Market Report — Forecast (2024–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biological Seed TreatmentMarket.

COVID-19 / Ukraine Crisis — Impact Analysis:

The pandemic has disrupted the agricultural industry. Due to lockdowns and social distancing, hotels and restaurants had to shut leaving farmers with no buyers for their produce. Global exports were also hit hard with stringent customs regulations, transport and logistic issues and lockdowns at the global, national and regional level. This affected the biological seed treatment market.

The Russia-Ukraine conflict significantly impacted biological seed treatment. The conflict led to the destruction of critical agricultural infrastructure including seed banks, which are essential for preserving genetic diversity. The war has also disrupted supply chains making it difficult to access necessary biological treatments and technologies.

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Biological Seed Treatment Market- Key Takeaways

Cereals and Grains are the Largest Crop Type

Cereals and grains are the largest crop type for biological seed treatments primarily due to their global significance as staple foods and the vast acreage they cover. Crops like wheat, corn, rice and soybean are essential for feeding the world’s growing population, particularly in regions with high demand for food security. As per FAO Cereal Supply and Demand Brief July 2024, FAO’s latest forecast for global cereal production in 2024 has been raised by 7.9 million tons (0.3%) in July 2024 and stands at at 2 854 million tons. According to the Food and Agriculture Organization of the United Nations (FAO), rice, wheat and corn together account for over 90% of the world’s cereal production. Rice is a staple food in South Asia. According to the projected demand, in Asia, the rice consumption by the year 2025 will increase by more than 51%. The large-scale cultivation of these crops increases the need for effective seed protection to ensure high yields and reduce losses from pests and diseases. Biological seed treatments are particularly well-suited for cereals and grains as they provide a natural and eco-friendly alternative to chemical treatments which enhances plant resilience and promotes healthier growth.

Seed Protection is the Fastest Growing Segment

Seed protection is the fastest growing segment in the Biological Seed Treatment market due to the increasing emphasis on ensuring crop productivity and quality from the earliest stages of plant development. Farmers are increasingly recognizing the importance of protecting seeds from pests, diseases and environmental stressors to secure optimal yields. This growing awareness coupled with advancements in seed treatment technologies fuels the demand for innovative seed protection solutions. In October 2023, Helena Agri-Enterprises launched Seed Shield Select and Enertia. a multi-fungicide and insecticide combination. Seed Shield Select provides protection from all major soybean seedling diseases and insects while optimizing root health and plant vigor. Additionally, the global shift towards sustainable agriculture drives the adoption of biological seed protection methods which offer eco-friendly alternatives to traditional chemical treatments.

Dominance of Europe

Europe dominates the biological seed treatment market with a share of 33% in 2023 due to its stringent regulatory framework and strong emphasis on sustainable agriculture. The European Union’s commitment to reducing chemical pesticide usage driven by initiatives like the European Green Deal and the Farm to Fork Strategy has significantly boosted the adoption of biological seed treatments. These policies aim to reduce the environmental impact of farming while maintaining high agricultural productivity. This makes biological alternatives more attractive to farmers across the region. In April 2024, Certis Biologicals and Certis Belchim announced their first biofungicide formulation for cereals seed treatment- TOLTEK. TOLTEK is the first biological fungicide for Take-All disease in cereals registered in Europe and it will be distributed by Certis Belchim. Additionally, Europe has a well-developed agricultural infrastructure and a high level of awareness among farmers about the benefits of sustainable practices which further drives the adoption of biological treatments.

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Growing Need for Food Security Drives the Market

The world population reached 8 billion people on 15 November, 2022, as per data from the United Nations (UN). The UN also estimates that the world population will reach 9 billion by 2037. The increasing population creates a huge demand for food. There is a need to not only increase production to meet the demand but also to ensure food security of an increasing population. To ensure food security, one must ensure that the yield is good since arable land cannot be increased. To ensure high yield, biological seed treatments are crucial.

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Rising Concerns over Chemical Treatment to Benefit the Market

Rising concerns over the long-term impact of chemical treatments on both human health and the environment are driving a shift towards more sustainable agricultural practices. The overuse of synthetic pesticides and fertilizers has been linked to soil degradation, water contamination and the decline of beneficial insect populations. Researchers from the University of Southern California Dornsife and partner institutions have found that wild bee species appearances dropped by up to 56% in areas of high pesticide use compared to areas with no pesticide application. Consumers are increasingly demanding food products free from harmful chemical residues. This shift is also supported by stricter regulations and policies aimed at reducing the reliance on chemicals in agriculture. As a result, the market for biological seed treatments is expanding rapidly.

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Key Market Players

Global Biological Seed Treatment top 10 companies include:

Bayer AG

BASF SE

Syngenta

Corteva

Koppert

UPL

Valent BioSciences LLC

Plant Health Care Inc.

Verdesian Life Sciences LLC

Novozymes

North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa)

Key Market Players

For more Agriculture Market reports, please click here

[agrinewblogs]

Sunflower Meal Market Overview and Growth Analysis (2024-2035)

The global Sunflower Meal Market was valued at USD 10.14 billion in 2023 and is projected to expand significantly in the coming years. By 2024, the market is expected to reach USD 10.45 billion, with an estimated growth to USD 14.5 billion by 2035. This represents a compound annual growth rate (CAGR) of approximately 3.03% during the forecast period from 2025 to 2035.

Market Drivers

Growing Demand for Animal Feed – Sunflower meal is a key protein source in livestock and poultry feed, driving its demand globally.

Increasing Awareness of Plant-Based Protein – The shift toward plant-based and sustainable protein sources is boosting market expansion.

Expanding Agriculture and Oilseed Processing Industry – A rise in sunflower oil production results in increased byproducts like sunflower meal, contributing to market growth.

Rising Demand from Emerging Economies – Countries in Asia-Pacific and Latin America are witnessing higher demand due to growing livestock industries.

Favorable Government Policies – Support for sustainable and plant-based animal feed solutions is further fueling the market.

Key Market Dynamics

Supply and Demand Balance – The production of sunflower meal is directly linked to sunflower oil manufacturing, making supply dynamics crucial.

Competitive Pricing – Sunflower meal competes with soybean meal and other plant-based proteins, influencing market trends.

Sustainability Focus – The growing preference for eco-friendly and sustainable feed ingredients is shaping purchasing decisions.

Trade Regulations and Tariffs – Export and import policies impact sunflower meal trade flows across regions.

Key Market Opportunities

Innovation in Animal Nutrition – Developing enhanced formulations with sunflower meal can boost its demand.

Expansion in Asia-Pacific and Africa – Rising livestock and poultry production in these regions present lucrative opportunities.

Technological Advancements in Processing – Improved extraction and refining processes can enhance meal quality and nutritional value.

Market Segmentation

By Type:

Pelletized Sunflower Meal – Preferred for its ease of handling and feeding efficiency in livestock farming.

Loose Sunflower Meal – Used in mixed feed applications for poultry, dairy, and aquaculture industries.

By Application:

Animal Feed Industry – The largest segment, utilizing sunflower meal for poultry, cattle, and swine nutrition.

Food & Beverage Industry – Increasingly used as a plant-based protein source in health and dietary products.

Biofuel and Industrial Applications – Utilized in biofuel production and organic fertilizers due to its nutrient-rich composition.

By Distribution Channel:

Direct Sales – Bulk purchases by animal feed manufacturers and agribusinesses.

Retail & Online Sales – Growing e-commerce platforms contributing to market accessibility.

Segment Insights

Animal Feed Industry Dominance – This segment holds the largest market share, driven by increasing livestock and poultry production.

Rising Adoption in Food Industry – The trend toward plant-based protein consumption is gradually increasing sunflower meal’s utilization in the food industry.

Growing Biofuel Sector – The sustainable properties of sunflower meal make it an attractive component in biofuel production.

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Key Market Players

Cargill, Incorporated

Archer Daniels Midland Company

Bunge Limited

Wilmar International

CHS Inc.

Sodrugestvo Group

Kernel Holding S.A.

Optimus Agro

Aston Agro-Industrial Group

Glencore Agriculture

Regions Covered

North America – Driven by a strong feed industry and increasing demand for plant-based protein alternatives.

Europe – A leading market due to high sunflower cultivation and demand for sustainable animal feed.

Asia-Pacific – Fast-growing region with rising livestock production and expanding food industry.

Latin America – Growing agriculture sector and favorable climatic conditions support sunflower meal production.

Middle East & Africa – Emerging market with increasing adoption in animal nutrition and industrial applications.

The Sunflower Meal Market is poised for steady growth, driven by increasing demand across multiple industries. As awareness of sustainable feed options rises, sunflower meal is expected to solidify its position as a valuable and versatile ingredient in the global market.

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[anandsagarnatta]

🌱 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞: 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐒𝐞𝐞𝐝 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 🌾

🌱 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞: 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐒𝐞𝐞𝐝 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 🌾 | IndustryARC™

The Chemical Seed Treatment Market size is estimated to reach $5.9 Billion by 2030, growing at a CAGR of 4.7% during the forecast period 2024–2030.

👉𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 

The chemical seed treatment market is a rapidly growing segment in modern agriculture, playing a crucial role in enhancing seed performance, improving crop yields, and ensuring early-stage plant protection. Seed treatments involve applying chemical solutions to seeds before planting, offering protection against pests, diseases, and environmental stressors.

💡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 & 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

✅ Rising Demand for High-Yield Crops — With increasing population and food security concerns, farmers need solutions that enhance crop resilience and productivity.

✅ Advancements in Agrochemical Technology — Innovations in formulations, nano-coatings, and biological seed treatments are improving efficiency and reducing environmental risks.

✅ Cost-Effectiveness Compared to Traditional Crop Protection — Seed treatments reduce the need for excessive foliar pesticide applications, leading to lower costs for farmers.

✅ Regulatory Push for Sustainable Solutions — Governments and regulatory bodies are encouraging precision agriculture and targeted chemical applications, favoring the seed treatment approach.

📊 𝐆𝐞𝐭 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 

🔹 𝐓𝐲𝐩𝐞 𝐨𝐟 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬 𝐔𝐬𝐞𝐝:

🌱Fungicides (protection against seed-borne and soil-borne pathogens)

🌱Insecticides (control of early-stage pests)

🌱Nematicides (protection against harmful nematodes)

🌱Other additives (growth enhancers, safeners, colorants)

🔹 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬:

🌿Seed Coating: Thin chemical layer applied for uniform coverage

🌿Seed Dressing: Dry or liquid treatment applied before planting

🌿Seed Pelleting: Additional coatings to modify seed shape for precision planting

Get this Report on discount of $1000 on purchase of Credit Card

🔹 𝐂𝐫𝐨𝐩 𝐓𝐲𝐩𝐞:

🌾Cereals & Grains (wheat, maize, rice)

🌾Oilseeds (soybean, canola)

🌾Fruits & Vegetables

✅ 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗚𝗶𝘃𝗲𝗻 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁: Syngenta | Syngenta Group | Bayer | Monsanto Company | BASF | BASF Agricultural Solutions | Crop Science | Bayer | Crop Science | CROP LIFE SCIENCE LIMITED | GSP Crop Science Ltd | Chemtura Co/Cie | DuPont | Nufarm | Bayer CropScience Srbija | Bayer CropScience Vegetable Seeds | Corteva Agriscience | FMC Corporation | Eastman | ADAMA Ltd. |

[industrynewsupdates]

Soybean Market: Key Challenges and Opportunities in the Industry

The global books market size is expected to reach USD 192.12 billion by 2030, expanding at a CAGR of 4.2% during the forecast period, according to a new report by Grand View Research, Inc. Increasing consumer expenditure on books, fueled by rising incomes and interest, as well as ongoing format improvements that have improved the entire reading experience, are among the primary reasons driving the book business forward. Independent publishers have been on a rise in the recent past. According to Linchpin SEO, there were approximately 69,709 independent publishers in the book industry as of 2020. In response to the apparent monopoly in traditional publishing, excluded individuals have turned to independent publishers not associated with large publishing houses.

While traditional publishing companies seek to corner the market, independent publishers provide an opportunity for diversity and inclusion among authors and niches. These publishers are smaller and, in some cases, completely digital and that is the key behind their numbers increasing year on year. Along with this, most large publishers are privately owned. So, it is difficult to assess the number of books being sold globally and the revenue that is generated from it.

The growing trend of the reverse supply chain, also known as re-commerce, offers new opportunities for selling used books. Re-commerce exemplifies the growing trend toward transforming consumption through reuse. Thus, re-commerce retailers such as Momox, reBuy, and Quoka.de are the biggest drivers of the industry. While printed books are irreversibly on a path of decline, it remains an extremely large market for print. Business model changes have shifted control over the value chain to authors and retailers, making demand unpredictable. Digital production inkjet print technology opens the window for book manufacturers to respond to compressed patterns of demand through labor and inventory cost savings.

Gather more insights about the market drivers, restrains and growth of the Books Market

Books Market Report Highlights

• North America is expected to contribute a majority of the share to become the largest division in the global revenue in 2024. The existence of a high number of independent publishers and publishing companies in the region is expected to spur regional market growth. A wide network of wholesalers and distributors around the region also makes it easier for readers to find books in various forms

• For many readers, literary fiction provides a much-needed escape from everyday life. This effect is even more pronounced in the fantasy genre, where—untethered from scientific and societal laws are limited only by their imagination—fantasy authors explore themes by creating their worlds

• During the forecast period, the local book shops segment is expected to account for the largest market share. Independent bookstores play an important role in the communities they serve, serving a safe haven for children after school to a fun way for a group of friends to spend a Saturday afternoon. According to an article released by indigo9digital, the number of independent bookshops in the United States declined by 40% between the mid-1990s and 2009.

Books Market Segmentation

Grand View Research has segmented the global books market on the basis of type, category, format, distribution channel, and region:

Books Type Outlook (Revenue, USD Billion; 2018 - 2030)

• Science

• Historical

• Mystery

• Fantasy

• Literary

• Contemporary /Realistic

• Romance

• Educational

• Comic

• Others

Books Category Outlook (Revenue, USD Billion; 2018 - 2030)

• Fiction

• Non-fiction

Books Format Outlook (Revenue, USD Billion; 2018 - 2030)

• Hard Copy

• E-book

• Audiobook

Books Distribution Channel Outlook (Revenue, USD Billion; 2018 - 2030)

• Online

• Local Book Shops

• Mass Merchandisers

• Specialty Bookstores

Books Regional Outlook (Revenue, USD Billion; 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Latin America

o Brazil

• Middle East & Africa

o South Africa

List of Key Players in Books Market

• Penguin Random House

• Hachette Book Group

• HarperCollins Publishers

• Simon & Schuster, Inc.

• Pearson

• Macmillan Publishers

• Scholastic Inc.

• Marvel Comics

• Morris Publishing

• IDW Publishing

Order a free sample PDF of the Books Market Intelligence Study, published by Grand View Research.

[pricevisionai]

The Rise of ML-Based Forecasting: Implications and Opportunities for the Future

To increase corporate productivity, machine learning is utilised in business forecasting. Data and observations are utilised to start the learning process. examples, directions, or first-hand experience, for instance. They are offered so that the computer can analyse data patterns and come to better conclusions in the future.

Using the hundreds of metrics at your fingertips and taking each one into account for the particular prediction at hand allows you to prepare considerably more correctly than with manual approaches, which is one of the primary advantages of deep learning for business forecasting.

A machine learning-based system can be fed with as many business indicators and KPIs as you have access to. Whether your forecast is affected by 100 factors or 100,000, machine learning may find patterns and connections that a traditional (or human) system just cannot.

Not only can machine learning forecasting deliver the precision you need, but a turnkey system is also fully autonomous, continuously updating estimates as trends change to help you make better decisions.

How Should Machine Learning Be Used for Forecasting?

Whatever model is chosen, the overall acceptance of ML practices appears to be as follows:

Establish business goals and make advantage of any internal data that is accessible.

Get outside data by searching for market research reports, trends, GDPs, customer reviews, etc.

Sort, clean, & label the information (if needed)

Identify the set of problems that forecasting will be used to tackle.

To act as the initial benchmark, pick a baseline model (usually a basic extrapolation or a tree-based model).

Model performance can be improved by utilising more intricate ML models or altering the data.

Once comfortable findings have been attained, the model is used.

Business Applications using Machine Learning Forecast

Here are a few business applications for machine learning predictions-

1. Predicting financial data

Businesses endure disruption in their performance and operations without a financial projection, and C-level executives are more prone to make bad choices. Due to this, companies utilise ML forecasting, which emphasizes understanding the business drivers instead of handling tedious activities. While reducing the usage of unproductive tactics and human error, ML financial planning also assists with forecasting supply, demand, inventories, future revenues, expenditures, and cash flow.

For instance, those who are involved with the company want to know the firm's turnover and crucial elements for development during the forthcoming financial quarter to understand and appraise areas for improvement. We can develop a machine learning prediction models that use previous key business metrics for the organisation and current turnover data from prior periods using convolutional or regression models.

Seasonal data and other influencing factors will be used to predict the necessary metrics for the future. In this case, company owners can arrange the following period effectively.

2. Predicting the supply chain

The increasingly globalised and sophisticated supply chain management could be radically transformed by ML. Businesses may respond to problems and threats more quickly and avoid under and overstocking by using ML-based forecasting systems. Machine learning algorithms for forecasting can discover patterns in a training sample and then apply those patterns to fresh data. Consequently, machine learning enhances the processes of inventory management, transportation and distribution, anticipating supply chain risks, and supplier selection and segmentation.

Take the next illustration of supply chain forecasting using machine learning as an example. The chain of hypermarkets runs about 100 locations with an average of 50,000 SKUs per store. For such a big network, automated warehouse replenishment is necessary. There are two key benefits in this instance:

There's no reason to start stocking up on things that are difficult to sell.

Regularly purchased goods must be supplied on time.

Based on historical warehouse replenishment statistics and data demonstrating how quickly specific products sell, we can create an ML model for estimating the number of goods per SKU. Several time frames could be used to depict the prediction.

3. Forecast Commodity Prices

Price prediction algorithms establish the price at which a product should be sold to satisfy customer demand, and company expectations, and maximize sales. Machine learning, or artificial intelligence, is frequently used in commodity price predictions. With minimum human input, this approach helps with the automatic separation of data that is organized and unorganized and the development of models to forecast real-time commodities prices. Items that are typically indistinguishable from human sight can be made known, enabling manufacturers to plan ahead, dealers to make pricing predictions, and purchasers to plan more effective purchases.

Business owners frequently want to understand how future price changes for a certain product will affect their business. The beneficial effect could also be used by taking into account external data from other parties that affect prices, such as the rate of inflation, holidays, seasonal trends, etc.

Prices of different types of commodities can be forecasted like:

Sugar Prices

Cotton prices

Palm oil

Gold

Coffee

Natural Gas, etc. 

4. Detecting fraud

Businesses should work more to build anti-fraud measures, according to the surge in worldwide digital fraud rates. ML algorithms can identify questionable financial transactions by learning from past data. They are currently employed successfully in a variety of industries, including e-commerce, finance, healthcare, and fintech.

A chain cafe owner could want to evaluate employee productivity, for instance. Finding hidden patterns that let employees cheat is one of the main goals. These and other frauds of this nature may cause monetary loss. To identify and report unusual behaviours, we can build a fraud prevention model using historical data. Managers can then carefully examine anomalies found and pinpoint the underlying reason for such data variances.

5. Predicting sales and demand

Demand changes are a complicated issue that impacts the entire e-commerce sector. To forecast consumer behavior and decide how many products to create or order, businesses, especially manufacturers, employ machine learning (ML) demand forecasting. With ML models, it is feasible to avoid having too much stock or running out of it. Such a forecasting strategy also makes it possible to understand the target market and the competition better.

Let's say a chain of restaurants wishes to predict demand in advance. The company will gain from it in several ways:

to get an idea of how many dishes the restaurant will sell so that the food supply can be prepared in advance

to understand and specify how many personnel are needed to deliver exceptional customer service

to plan a suitable and timely marketing effort

It will be advantageous to start by looking at historical data from earlier times to create demand prediction models and help firms achieve their goals. For instance, we can check Google reviews for both our restaurant chain and the main rivals to see which level of service clients enjoy or dislike.

Advantages of Predicting with Machine Learning

Businesses can better serve consumers and complete orders before running out of stock by using forecasting. As a result, there is a considerable influence on both sales and customer happiness. For example, knowing the demand enables you to control logistics, monitor production costs, and even project the investment return for a new device. As a consequence, ML prediction models give companies the ability to develop their AI more fully and, more significantly, to address business issues by looking at historical data.

1. The capacity to generate more accurate forecasts, Faster

Financial forecasting can be liberated from the time-consuming labour of data collection and reconciliation due to machine learning-enabled forecasting. The tools can be configured to automatically gather and reconcile big data sets. Moreover, machine learning methods can help uncover business drivers and drastically lower forecast mistakes.

Machine learning techniques are intended to acquire information over time and forecast which elements will have the biggest impacts on financial performance. Over time, the model becomes more accurate and produces projections more quickly.

2. Use of Additional Data

When employing spreadsheet-driven forecasting procedures, there are limits on the number of sources of data and how much data can be processed and ingested within forecasting models. The quantity and variety of data that may be utilized can be greatly improved by machine learning technologies since they can store more information and analyze it more rapidly than humans.

An organisation that sells consumer goods, for instance, can quickly access data from search engines or social media to determine when buyers are most likely to look for or post about its products. This type of information can help the forecaster gain a better knowledge of the revenue peaks and valleys.

3. Making Value-Added Activities Possible

Analysts are generally obliged to spend the majority of their time on existing prediction processes reconciling or compiling data, rather than working on value-added research and interfacing with the business.

Analysts can focus on understanding operational drivers, key business events, or macro- and microeconomic variables that could have an influence on the organisation instead of these tiresome activities by employing machine learning technology to provide at least a baseline estimate. These findings can then be applied to forecasting. Ultimately, by utilizing machine learning, financial analysts may enhance decision-making and collaborate more with the company's management.

Conclusion

Forecasting in business combines art and science. It blends business intelligence with data science. Business forecasting issues are frequently a result of poor judgement and inexperience. If assumptions are paired with unexpected events, predictions may be incorrect. Machine learning and artificial intelligence will ensure that you avoid making these errors. Machine learning is an effective tool in today's quick-paced culture.

By using algorithms for machine learning and persevering through setbacks, businesses can make the shift to improved performances, sales, and outstanding profit margins. PriceVision is one such tool that paves your path towards easy forecasting of the prices of commodities like metal, forex, energy and agricultural commodities.

[allthebrazilianpolitics]

Soybeans’ big players looking to a bruising year ahead

After a five-year run that featured a costly trade war and an even costlier, deadly pandemic, the biggest players in the global soybean market the United States, Brazil and China are positioning themselves for a big, bruising 2023/2024 marketing year.

Of the three, Brazil remains planted in the driver’s seat. The U.S. Department of Agriculture (USDA) forecasts that Brazil’s mostly planted 2023/24 crop will yield an export hogging 6 billion bu., 5% more than last year’s record production and an astonishing 16% larger than the 2020/2021 crop.

Two factors favor that outlook. First, after three consecutive years of dry, hot La Niña weather, this year’s El Niño should bring more moisture and less crop stress. Second, for the first time in memory, soy production costs are falling, encouraging Brazilian farmers to do what farmers anywhere would do: swap costly corn acres for cheaper bean acres.

If the projected, record 113 million soybean acres are planted and the better weather forecast comes to pass, USDA expects Brazil to export a record 103 million metric tons (mmt) of soybeans in its 2023/24 marketing year. That’s 6 mmt more than last year’s 97 mmt.

Just how many bushels are in 103 mmt of soybeans? A staggering 3.75 billion bu.

Continue reading.

[adhk1234]

Global Omega-3 Fatty Acid Market Future Scope: Emerging Applications and Innovations

The global Omega-3 Fatty Acid Market, valued at USD 2.5 billion in 2023, is projected to reach USD 4.8 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period from 2024 to 2032.

Market Segmentation:

The Omega-3 Fatty Acid Market is segmented based on source, type, and application:

By Source:

Marine: Fish and other seafood are primary sources of Eicosapentaenoic Acid (EPA) and Docosahexaenoic Acid (DHA).

Vegetable Oils: Oils such as soybean, flaxseed, and canola are rich in Alpha-Linolenic Acid (ALA).

Soya and Soya Products

Nuts and Seeds

By Type:

Alpha-Linolenic Acid (ALA)

Eicosapentaenoic Acid (EPA)

Docosahexaenoic Acid (DHA)

By Application:

Dietary Supplements

Food & Beverage

Fish Feed

Pharmaceuticals

Infant Formula

Pet Food

Get Free Sample Report @ https://www.snsinsider.com/sample-request/1066

Regional Analysis:

North America leads the Omega-3 Fatty Acid Market, driven by high consumer awareness and demand for dietary supplements. Europe follows, with significant growth attributed to increasing health consciousness and regulatory support for omega-3 inclusion in food products. The Asia-Pacific region is expected to witness substantial growth due to rising disposable incomes and growing awareness of omega-3 health benefits.

KEY PLAYERS:

The Major Players are Orkla Health, BASF SE, Aker Biomarine Antarctic AS, EPAX, BioProcess Algae, LLC, Lonza, Croda International Plc, Omega Protein Corp., Koninklijke DSM N.V., GC Rieber Oils and Other Players.

Key Highlights:

Growing awareness of the health benefits associated with omega-3 fatty acids is a primary market driver.

Advancements in extraction and production technologies are enhancing product quality and availability.

The increasing prevalence of chronic diseases has led to a higher demand for omega-3 as an active pharmaceutical ingredient.

Collaborations among key industry players are fostering product innovation and development.

Future Outlook:

The Omega-3 Fatty Acid Market is poised for significant growth, driven by increased consumer awareness of health benefits and advancements in production technologies. The development of plant-based omega-3 sources and microencapsulation techniques presents new opportunities for market expansion. Additionally, the favourable regulatory environment and rising demand for certified food ingredients are expected to further propel market growth.

Conclusion:

The global Omega-3 Fatty Acid Market is on a robust growth trajectory, with substantial opportunities across various segments and regions. Stakeholders, including manufacturers, healthcare providers, and investors, are well-positioned to benefit from the evolving landscape of omega-3 fatty acid applications.

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Mustard Oil Prices, News, Trend, Graph, Chart, Monitor and Forecast

 Mustard Oil is a crucial edible oil widely consumed in South Asia, particularly in India, Bangladesh, and Nepal. It is valued for its distinct pungent flavor, strong aroma, and numerous health benefits. The mustard oil market has experienced fluctuations in pricing due to various factors, including raw material availability, climatic conditions, government policies, and international market dynamics. The pricing trends of mustard oil are influenced by global edible oil prices, production volumes, demand-supply equilibrium, and macroeconomic indicators. Understanding these factors is essential for traders, investors, and consumers looking to make informed decisions regarding mustard oil procurement and investment.

One of the primary determinants of mustard oil prices is the availability and production of mustard seeds. India is one of the largest producers of mustard seeds, and any variation in crop output significantly impacts the prices of mustard oil. The production of mustard seeds is highly dependent on climatic conditions, and irregular rainfall, drought, or excessive moisture can lead to lower yields, pushing prices higher. Moreover, pest infestations and diseases affecting mustard crops also play a role in determining the overall production levels and, consequently, the price of mustard oil in domestic and international markets.

Get Real time Prices for Mustard Oil : https://www.chemanalyst.com/Pricing-data/mustard-oil-1326

Government policies and regulations also have a substantial impact on mustard oil prices. Various countries impose import duties, subsidies, and minimum support prices (MSP) for mustard seed procurement, influencing price trends. In India, the government often announces MSP to ensure that farmers receive fair compensation for their crops. If MSP is increased, the procurement price of mustard seeds rises, leading to higher mustard oil prices. Additionally, restrictions on mustard oil blending with other edible oils, changes in tax policies, and export-import regulations further impact the cost structure of mustard oil in different regions.

International edible oil prices play a vital role in shaping mustard oil pricing trends. Since mustard oil competes with other edible oils such as soybean oil, palm oil, and sunflower oil, fluctuations in their prices affect consumer preferences and market demand. A surge in global edible oil prices often leads to an increase in mustard oil prices due to higher demand for alternatives. For instance, if palm oil prices rise due to supply chain disruptions, consumers and manufacturers may shift towards mustard oil, increasing its market price. The edible oil market is interconnected, and global supply-demand dynamics have a cascading effect on mustard oil pricing.

The demand for mustard oil is driven by its widespread use in cooking, traditional medicine, and industrial applications. Households in India and neighboring countries prefer mustard oil due to its perceived health benefits, including its antibacterial and anti-inflammatory properties. The oil is also used in ayurvedic and herbal treatments, further increasing its demand. During festive seasons and wedding periods, the consumption of mustard oil rises, leading to a temporary price hike. Moreover, mustard oil is used in industries such as cosmetics, pharmaceuticals, and biodiesel production, adding another layer of demand pressure that affects price movements.

Supply chain disruptions and transportation costs also contribute to mustard oil price fluctuations. Factors such as rising fuel prices, logistical inefficiencies, and transportation restrictions can increase the overall cost of mustard oil distribution. If freight costs rise due to higher fuel prices or supply chain disruptions, the end price of mustard oil increases for consumers. Additionally, bottlenecks in the transportation of raw mustard seeds from agricultural hubs to processing units can lead to short-term supply shortages, triggering price surges. The efficiency of cold storage facilities and warehousing also influences the stability of mustard oil prices, as better storage infrastructure ensures a steady supply throughout the year.

Seasonal variations play a crucial role in mustard oil price trends. Mustard seeds are primarily harvested in the rabi season, and prices tend to remain lower when fresh stocks arrive in the market. However, as the year progresses and stock levels decline, prices often rise due to reduced availability. Farmers and traders engage in speculative hoarding, waiting for higher prices before releasing their stocks, which can contribute to artificial shortages and price volatility. Additionally, unpredictable weather events such as unseasonal rains or heatwaves can disrupt mustard seed production, leading to unexpected spikes in mustard oil prices.

Currency fluctuations and inflation also impact mustard oil prices, especially in countries that rely on imports. A weaker domestic currency makes imports of edible oils and other raw materials costlier, influencing the overall pricing of mustard oil. Inflationary pressures on agricultural inputs, such as fertilizers, pesticides, and labor wages, further increase the production cost of mustard seeds, ultimately raising mustard oil prices. Global economic conditions, including trade policies and geopolitical events, also play a role in shaping the price trajectory of mustard oil. Any disruption in trade agreements or economic downturns can lead to instability in mustard oil pricing.

Consumer behavior and market trends significantly influence the mustard oil market. As more people become health-conscious, the demand for cold-pressed and organic mustard oil has increased, leading to premium pricing for these variants. Brands and manufacturers are focusing on packaging, quality certification, and marketing strategies to attract consumers, affecting pricing strategies. The rise of e-commerce and online grocery platforms has also played a role in determining mustard oil prices, as competitive pricing and discount offers impact market trends. Consumer preferences for specific brands or locally produced mustard oil also influence regional price variations.

Looking ahead, the mustard oil market is expected to witness continued fluctuations due to evolving climatic conditions, government interventions, and global economic trends. With the increasing emphasis on self-sufficiency in edible oil production, investments in mustard seed cultivation and processing technology are likely to shape future price trends. Sustainable agricultural practices, better yield management, and innovations in extraction techniques will play a crucial role in stabilizing mustard oil prices. Market analysts and stakeholders must closely monitor international edible oil trends, domestic production patterns, and policy changes to anticipate price movements accurately.

The mustard oil market remains dynamic, with multiple factors influencing its pricing structure. Understanding these determinants can help businesses, farmers, and consumers navigate price fluctuations effectively. While short-term volatility is inevitable, long-term strategies focusing on production efficiency, regulatory stability, and market diversification can contribute to price stability in the mustard oil sector.

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