Soybean Meal Exporters in Vietnam – The demand for soybean meal is changing in Vietnam due to population growth, rising income levels and changing dietary preferences. However, due to the limited availability of arable land and the need to meet increasing demand, Vietnam is still dependent on imports to meet its soybean meal requirements. Soybean exports to Vietnam for both livestock and food consumption are growing to 2 million tonnes in 2022-23 and 2.55 million tonnes in 2023-24. In this blog, we will discuss the top Soybean Meal Exporters in Vietnam that offer the best quality meal and are big names in the animal feed market.

Vietnam became the world’s 14th largest soybean meal exporter in 2021 with exports worth $178 million. Soybean meal ranked as Vietnam’s 218th most exported commodity that year. This is true because soybean meal constitutes a significant portion of all feeds, including aqua and poultry feeds. According to data cited by some experts in the livestock business, soybean meal makes up 12-18% of animal feed, 18-32% of chicken feed and 35-40% of aquatic feed.

Data & Market Insights

Vietnam is one of the fastest growing animal feed markets in South Asia. The country has a strong demand for soybean meal. This is because of its expanding livestock industry as well as its aquaculture industries.

According to industry statistics, Vietnam has imported about 4.1 million tons of soybean meal in 2023. This is mainly from countries such as Argentina, Brazil and the United States. Source: Gitnux

Soybean meal is a key ingredient in livestock, poultry as well as aquaculture feed. This makes it good for Vietnam’s expanding animal protein sector. As feed demand grows, imports of soybean meal are expected to increase. 

What is Soybean Meal?

Basically, Soybean meal is a high protein bypoduct which is obtained after oil is extracted from soybeans. It’s actually very widely used for animal feed but it also contains about 44 to 48% protein. This makes it an important ingredient for poultry, pig, cattle as well as aquaculture.

What Are The Uses of Soybean Meal?

Soybean meal is commonly used in:

• Poultry feed for better growth and egg production
• rming
  Cattle feed to improve milk production

Soybean meal still one of the most important ingredients in the global animal feed industry. This is bePig feed to support muscle development

Aquaculture feed for fish and shrimp facause of its high protein content.

Top Soybean Meal Exporters in Vietnam 2024

The Vietnamese government has implemented policies to support the domestic soybean meal industry. Here is the list of top soybean meal exporters in Vietnam –

Prodigy Foods | Best Soybean Meal Exporters in Vietnam

Prodigy Foods is One of the most reputed and trusted companies for production and export animal feed. We are the global leader in animal feed, including soybean meal. As a well-known exporter of soybean meal in Vietnam, the company is supporting the livestock sector by providing high-quality and sustainable feed options. Prodigy Foods has one of the Best Soybean Meal Exporters in Vietnam due to the following features:

Reasonable Prices – Prodigy Foods offers high quality products at affordable prices that are beneficial to your pet’s health.

State-of-the-Art Facilities – Prodigy Foods manufactures high-quality animal feed using state-of-the-art technology and advanced technology.

Quality Assurance – Soybean meal is manufactured through extensive testing and analysis and meets the highest standards.

Why Choose Prodigy Foods for Soybean Meal Export

You can think of Prodigy Foods as a trusted exporter of high quality agricultural products. This includes soybean meal. The company also supplies premium soybean meal which is suitable for livestock as well as aquaculture feed industries.

These are the advantages of choosing Prodigy Foods:

• High protein soybean meal
• Strict quality control standards
• Competitive global pricing
• Reliable bulk supply
• Efficient international shipping

There’s a strong commitment to quality as well as customer satisfaction. With Prodigy Foods, clients get served across global markets.

Contact Details

Name: Prodigy Foods

Address: SCO-25, First Floor, Chandigarh Ambala Highway, Zirakpur, Punjab – 140603 (India)

Phone Number: +91-98763-28135, +91-86999-02333, +91-99882-04976

Conclusion

Vietnam’s soybean meal market is witnessing significant growth due to increasing demand from the livestock industry and changing dietary preferences. The top soybean meal exporters from Vietnam mentioned above play a role as importers in meeting this demand while ensuring the quality and safety of their products.

FAQs About Soybean Meal Exporters in Vietnam

What is the main use of soybeans in Vietnam?

Soybean meal is primarily used as a protein resource for animal feed production. They support the growth and development of livestock.

Who are the best Soybean Meal Exporters in Vietnam?

Prodigy Foods is one of the largest soybean meal exporters in Vietnam, providing the best quality animal feed including soybean meal at reasonable prices.

Is Vietnam self-sufficient in soybean meal production?

Vietnam aims to increase domestic soybean meal production, but it is still dependent on imports to meet growing demand due to limited arable land and the need for high-quality feed ingredients. As a result, corn and soybeans have to be imported to make animal feed.

What is soybean meal used for?

Soybean meal is mostly used as a high protein ingredient in animal feed. This is motley common for poultry, pigs, cattle as well as aquaculture.

Which country exports the most soybean meal?

Argentina as well as Brazil are some of the largest exporters soybean meal in the world.

Why does Vietnam import soybean meal?

Vietnam imports soybean meal to support the fast growing livestock as well as aquaculture industries.

What’s the protein content of soybean meal?

Soybean meal mostly has about 44 to 48% crude protein which depends on processing.

Who are major soybean meal exporters to Vietnam?

Some of the major exporters here include Prodigy Foods for soybean meal.