Revenue of U.S. soybean processing industry reached US$25.6B in 2011, with estimated gross profit of 17.81%, according to report; imports valued at US$157.7M from 35 countries, and industry exported US$5.1B worth of merchandise to 145 countries
April 19, 2012
– Research and Markets (http://www.researchandmarkets.com/research/08df8e3b/soybean_processing) has announced the addition of Supplier Relations US, LLC's new report "Soybean Processing Industry in the U.S. and its International Trade [2012 Q2 Release]" to their offering.
This U.S. industry comprises establishments engaged in crushing soybeans. Examples of products produced in these establishments are soybean oil, soybean cake and meal, and soybean protein isolates and concentrates.
This 6-digit NAICS industry (311222) is under the hierarchy of Starch and Vegetable Fats and Oils Manufacturing Industry (31122), Grain and Oilseed Milling Industry Group (3112), Food Manufacturing Subsector (311), and the Manufacturing Sector (31-33). Its SIC equivalent codes are: 2075 - Soybean Oil Mills (soybean processing, except edible soybean oil); and 2079 - Shortening, Table Oils, Margarine, and Other Edible Fats and Oils, NEC (processing soybean oil into edible cooking oils from soybeans crushed in the same establishment).
The industry's revenue for the year 2011 was reported at $24.6 billion USD, with an estimated gross profit of 17.81%. Import was valued at $157.7 million USD from 35 countries. The industry also exported $5.1 billion USD worth of merchandise to 145 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2011 was $19.7 billion USD.
The Soybean Processing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through April 2012. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output.
This 160-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through April 2012, and sophisticated forecasts up to 2016 accounting for the affects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry.
For more information, including full table of contents, please visit http://www.researchandmarkets.com/research/08df8e3b/soybean_processing
Source: Supplier Relations US, LLC
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