Introduction
Soybean oil is one of the most widely used vegetable oils in the world, known for its high smoke point and neutral flavor. It is commonly used in cooking, baking, frying, and as a base for salad dressings and mayonnaise. In this report, we will delve into the top 10 soybean oil producing countries in the world in 2025, analyzing their production volumes, market shares, and industry insights.
1. United States
Production Volume and Market Share
The United States is the largest soybean oil producer in the world, accounting for a significant portion of global production. In 2025, the country is projected to produce over 11 million metric tons of soybean oil, maintaining its leading position in the market. The US market share is expected to hover around 30%, reflecting its dominance in the industry.
Industry Insights
The soybean oil industry in the United States is driven by a combination of factors, including the country’s large-scale soybean cultivation, advanced agricultural technology, and efficient processing facilities. Major players in the US soybean oil market include Cargill, Archer Daniels Midland (ADM), and Bunge, which collectively hold a significant market share.
2. Brazil
Production Volume and Market Share
Brazil is the second-largest soybean oil producer in the world, with a strong presence in the global market. In 2025, Brazil is expected to produce around 9 million metric tons of soybean oil, solidifying its position as a key player in the industry. The country’s market share is projected to be approximately 25%, reflecting its significant contribution to the global supply.
Industry Insights
The soybean oil industry in Brazil is characterized by the country’s vast soybean plantations, favorable climate conditions, and robust infrastructure for soybean processing. Major companies operating in the Brazilian soybean oil market include Bunge, Louis Dreyfus Company, and Cargill, which play a crucial role in driving the industry forward.
3. Argentina
Production Volume and Market Share
Argentina is another major soybean oil producer, ranking third in the world in terms of production volumes. In 2025, Argentina is projected to produce over 6 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is expected to be around 15%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Argentina benefits from the country’s extensive soybean cultivation, advanced agricultural practices, and strong export capabilities. Major companies in the Argentine soybean oil market include AGD, Molinos Río de la Plata, and Vicentín, which play a pivotal role in driving the industry’s growth and competitiveness.
4. China
Production Volume and Market Share
China is a key player in the global soybean oil market, with significant production volumes and market share. In 2025, China is expected to produce around 5 million metric tons of soybean oil, maintaining its position as one of the top producers in the world. The country’s market share is projected to be approximately 12%, reflecting its strong presence in the industry.
Industry Insights
The soybean oil industry in China is driven by the country’s large population, increasing demand for edible oils, and growing food processing sector. Major companies in the Chinese soybean oil market include COFCO, Sinograin, and Jiusan, which play a crucial role in meeting the country’s domestic and international soybean oil needs.
5. India
Production Volume and Market Share
India is a significant player in the global soybean oil market, with notable production volumes and market share. In 2025, India is projected to produce around 4 million metric tons of soybean oil, maintaining its position as a key producer in the industry. The country’s market share is expected to be approximately 10%, reflecting its growing influence in the market.
Industry Insights
The soybean oil industry in India is driven by the country’s large population, diverse culinary traditions, and increasing demand for edible oils. Major companies in the Indian soybean oil market include Ruchi Soya Industries, Adani Wilmar, and Cargill India, which play a crucial role in meeting the country’s soybean oil needs and driving industry growth.
6. Paraguay
Production Volume and Market Share
Paraguay is a notable soybean oil producer, ranking sixth in the world in terms of production volumes. In 2025, Paraguay is expected to produce over 2 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is projected to be around 5%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Paraguay benefits from the country’s extensive soybean cultivation, favorable climate conditions, and strategic location for exports. Major companies operating in the Paraguayan soybean oil market include Oleaginosa Raatz, Cargill, and ADM, which play a crucial role in meeting domestic and international soybean oil demand.
7. Ukraine
Production Volume and Market Share
Ukraine is a notable soybean oil producer, ranking seventh in the world in terms of production volumes. In 2025, Ukraine is projected to produce over 2 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is expected to be around 5%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Ukraine benefits from the country’s extensive soybean cultivation, favorable agricultural conditions, and strong export capabilities. Major companies in the Ukrainian soybean oil market include Kernel, Bunge, and Louis Dreyfus Company, which play a pivotal role in driving industry growth and competitiveness.
8. Russia
Production Volume and Market Share
Russia is a notable soybean oil producer, ranking eighth in the world in terms of production volumes. In 2025, Russia is expected to produce over 1.5 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is projected to be around 4%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Russia benefits from the country’s vast agricultural land, increasing focus on soybean cultivation, and growing demand for edible oils. Major companies in the Russian soybean oil market include Sodruzhestvo, EFKO Group, and Rusagro, which play a crucial role in meeting domestic and international soybean oil needs.
9. Canada
Production Volume and Market Share
Canada is a notable soybean oil producer, ranking ninth in the world in terms of production volumes. In 2025, Canada is projected to produce over 1 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is expected to be around 3%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Canada benefits from the country’s advanced agricultural practices, high-quality soybean cultivation, and strong regulatory standards. Major companies in the Canadian soybean oil market include Richardson International, Cargill, and Louis Dreyfus Company, which play a pivotal role in driving industry growth and competitiveness.
10. Bolivia
Production Volume and Market Share
Bolivia is a notable soybean oil producer, ranking tenth in the world in terms of production volumes. In 2025, Bolivia is projected to produce over 1 million metric tons of soybean oil, maintaining its position as a key player in the global market. The country’s market share is expected to be around 3%, reflecting its significant contribution to the industry.
Industry Insights
The soybean oil industry in Bolivia benefits from the country’s extensive soybean cultivation, favorable climate conditions, and increasing focus on agricultural exports. Major companies operating in the Bolivian soybean oil market include ADM, Bunge, and Cargill, which play a crucial role in meeting domestic and international soybean oil demand.
In conclusion, the top 10 soybean oil producing countries in the world in 2025 play a crucial role in meeting global demand for this versatile vegetable oil. With their significant production volumes, market shares, and industry insights, these countries contribute to the growth and competitiveness of the global soybean oil market.
