US Industry Study to 2009 & 2014 Soy Products & Markets

Publish： Sep， 2005

Price： 41000

Pages： 280


TABLE OF CONTENTS

SECTION PAGE

INTRODUCTION ix

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Macroeconomic Environment 5

Demographic Trends 7

Consumer Spending Outlook 10

Nondurable Manufactured Goods Outlook 12

Food & Beverage Industry Outlook 14

Processed Food Industry Outlook 16

Soyfood Industry Outlook 18

Nutraceutical Product Trends 20

Animal Feed Industry Overview 22

Environmental & Regulatory Issues 24

Farm Bill 26

GMO Debate 27

Foreign Trade 29

Soybeans 30

Crude Soy Products 32

Refined Soy Products 34

International Activity 35

III. SOYBEAN PROCESSING OVERVIEW 39

General 39

Soybean Seeds 42

Seed Types & Product Development 44

Suppliers 46

Soybeans 47

Soybean Processing 49

Crude Soybean Products 51

Crude Soy Meal 52

Animal Feed 54

Other Crude Soy Meal 56

Crude Soybean Oil 57

Other Crude 58

Pricing Trends 60

IV. REFINED SOY PRODUCTS 62

General 62

Soybean Oil 65

Edible Oil 67

Industrial Oils 69

Protein Products 72

Concentrates 75

Isolates 78

Flour 80

Chemicals 83

Natural Vitamin E 85

Epoxidized Soybean Oil 88

Isoflavones 90

Lecithin 93

Methyl Soyate 96

Sucrose Esters 98

Other Soy-Based Chemicals 100

Polyols 102

Glycerine 103

Fatty Acids 104

Soy Wax 105

All Other 106

Other Soy Products 108

Soy Milk 110

Soy Sauce 112

Tofu 113

Soy Fiber 113

All Other 114

V. FOOD MARKETS 116

General 116

Fats & Oils 119

Low or No Trans Fat Oil 121

Other Product Developments 123

Processed & Prepared Foods 124

Baked Goods & Cereal 126

Beverages 129

(continued on next page)

Nutraceuticals 132

Candy & Snacks 134

Dairy Products 136

Other Food 138

VI. INDUSTRIAL MARKETS 141

General 141

Plastics & Rubber 143

Biodiesel 146

Personal Care Products 149

Pharmaceuticals 151

Ink & Toner 152

Paints & Coatings 155

Other Markets 158

Lubricants 159

Adhesives & Composites 160

Consumer Wax Products 162

All Other 163

VII. INDUSTRY STRUCTURE 165

General 165

Market Share 167

Archer-Daniels-Midland 168

Bunge 168

Cargill 168

Ag Processing 169

Other 169

Industry Restructuring 170

Competitive Strategies 172

Cooperative Agreements 176

Manufacturing 181

Marketing 183

Distribution 185

Research & Development 187

Company Profiles 189

Acme-Hardesty Company 190

Ag Processing Incorporated 191

(continued on next page)

Akcros Chemicals America, see Akzo Nobel NV

Akzo Nobel NV 195

Archer-Daniels-Midland Company 197

Archer Petroleum, see McCollister & Company

Arkema Incorporated, see Total SA

Ashland Incorporated 204

Atofina Chemicals Incorporated, see Total SA

Bunge Limited 206

Cara Plastics Incorporated 210

Cargill Incorporated 212

Chemtura Corporation 221

Cognis GmbH 222

Columbus Foods Company 224

Crompton Corporation, see Chemtura Corporation

Dean Foods Company 226

Dow Chemical Company 228

DSM NV 230

DuPont (EI) de Nemours 231

8th Continent LLC, see DuPont (EI) de Nemours

Excel Polymers LLC 238

Ferro Corporation 239

Flint Ink Corporation 240

Griffin Industries Incorporated 241

Hain Celestial Group Incorporated 242

Heartland Resource Technologies LLC 245

Kikkoman Corporation 247

Lambent Technologies Corporation, see Petroferm

McCollister & Company 249

MGP Ingredients Incorporated 251

Natumi AG, see Hain Celestial Group Incorporated

Petroferm Incorporated 252

PolyOne Corporation 254

Procter & Gamble Company 255

Protient Incorporated 257

Solae LLC, see Bunge Limited and DuPont (EI)

de Nemours

Stepan Company 258

(continued on next page)

SunOpta Incorporated 259

Total SA 261

Twin Rivers Technologies Incorporated 263

Urethane Soy Systems Company Incorporated 264

Vitasoy International Holdings Limited 265

West Central Cooperative 268

WhiteWave Foods Company, see Dean Foods

Additional Companies 270



LIST OF TABLES

TABLE NUMBER PAGE

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Indicators 7

2 Population & Households 9

3 Consumer Income & Expenditures 11

4 Nondurable Goods Shipments 13

5 Food & Beverage Shipments 16

6 Processed Food Shipments 18

7 Nutraceutical Product Demand 22

8 Soybean Trade 32

9 Crude Soy Product Trade 34

10 Refined Soy Product Trade 35

SECTION III -- SOYBEAN PROCESSING OVERVIEW

1 Soybean Seed Demand 44

2 Soybean Supply & Demand 49

3 Soybean Demand by Process 51

4 Crude Soybean Product Demand 52

5 Crude Soybean Meal Demand 54

6 Crude Soybean Oil Demand 58

7 Other Crude Soybean Product Demand 59

8 Soybean Product Pricing Trends 61

SECTION IV -- REFINED SOY PRODUCTS

1 Refined Soy Product Demand by Type 64

2 Refined Soybean Oil Demand 66

3 Edible Soybean Oil Demand 69

4 Industrial Soybean Oil Demand 71

5 Soy Protein Product Demand by Type 75

6 Soy Protein Concentrate Demand 77

7 Soy Protein Isolate Demand 80

8 Soy Flour Demand 83

9 Soy-Based Chemicals Demand 85

10 Natural Vitamin E Demand 88

11 Epoxidized Soybean Oil Demand 90

12 Isoflavones Demand 93

13 Lecithin Demand 96

14 Methyl Soyate Demand 98

15 Sucrose Esters Demand 100

16 Other Soy-Based Chemicals Demand 102

17 Other Soy Products Demand 110

SECTION V -- FOOD MARKETS

1 Food Markets for Soy Products 118

2 Soybean Fats & Oils Demand 121

3 Processed Food Demand for Soy Products 126

4 Baked Goods & Cereal Demand for Soy Products 128

5 Beverage Demand for Soy Products 131

6 Nutraceuticals Demand for Soy Products 134

7 Candy & Snack Demand for Soy Products 136

8 Dairy & Alternative Product Demand for Soy Products 138

9 Other Food Markets for Soy Products 140

SECTION VI -- INDUSTRIAL MARKETS

1 Industrial Markets for Soy Products 142

2 Plastics & Rubber Market for Soy Products 146

3 Biodiesel Market for Soy Products 149

4 Personal Care Product Market for Soy Products 151

5 Pharmaceutical Market for Soy Products 152

6 Ink & Toner Market for Soy Products 155

7 Paints & Coatings Market for Soy Products 157

8 Other Industrial Soy Markets 158

SECTION VII -- INDUSTRY STRUCTURE

1 US Soy Product Sales by Company, 2004 166

2 Selected Acquisitions & Divestitures 172

3 Selected Cooperative Agreements 179





LIST OF CHARTS

CHART NUMBER PAGE

SECTION II -- MARKET ENVIRONMENT

1 Soyfood Retail Sales, 2004 20

2 Global Refined Soy Product Demand, 2004 38

SECTION III -- SOYBEAN PROCESSING OVERVIEW

1 Soybean Processing Overview 41

2 Animal Feed Demand, 2004 56

SECTION IV -- REFINED SOY PRODUCTS

1 Refined Soy Product Demand by Type, 2004 65

SECTION V -- FOOD MARKETS

1 Food Markets for Soy Products, 2004 119

SECTION VI -- INDUSTRIAL MARKETS

1 Industrial Markets for Soy Products, 2004 143

SECTION VII -- INDUSTRY STRUCTURE

1 US Soy Products Market Share, 2004 167