Production value of soybeans in the U.S. 2000-2022

Soybeans are a popular source of protein among Americans who abstain from consuming animal products. The production value of soybeans in the United States amounted to 61.15 billion U.S. dollars in 2022.

Soy Consumption in the United States

Soy products find their way into American diets on a daily basis. Soybean oil is a popular ingredient in margarine as well as other processed foods. In 2021, consumption of soybean oil in the United States reached 11.4 million metric tons, the highest volume it has been in the last two decades.

Soy Milk

Soy milk is a very common plant-based milk alternative which is expected to become even more popular in the coming years, perhaps due to the increasing popularity of plant-based diets among Americans. The share of Americans who eat soy foods or drink soy beverages increased between 2011 and 2019. Soy beverage sales in the United States is expected to increase over the next few years.