Research Methodology – Soybean Meal Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Soybean Meal Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Soybean Meal Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Current production volumes of soybean meal and projected growth.
- Demand and consumption rates in different geographic markets.
- Prices of soybean meal in various markets and changes over time.
- Availability and affordability of soybean meal compared to substitutes.
- Market size and share of key players in the soybean meal industry.
- Regulations and policies influencing the soybean meal market.
- Import and export trends of soybean meal.
2 Key Market Indicators
- The volume of soybean meal produced globally and by each key player.
- Annual revenue from soybean meal sales.
- Pricing trends in the soybean meal market.
- Market share of key players in the soybean meal industry.
- The growth rate of the soybean meal market.
- Demand and consumption rates of soybean meal in various markets.
3 Growth Trends
- Increasing demand for high-protein feed in the livestock industry.
- Growth in aquaculture, which uses soybean meal as feed.
- Increasing awareness and demand for plant-based proteins.
- Rising use of soybean meal in pet food industry.
- Technological advancements enhancing production efficiency.
- Growing health consciousness and demand for healthier products influencing the soybean meal market.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Soybean Meal Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Soybean Meal Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights