Soybeans: Production
How three countries came to grow nearly four-fifths
What this tab covers Who produces it and how much: world output over recent years, the top producing countries with their shares, USGS world figures for 2024 and 2025, and the largest producing companies globally and in India.Brazil grew 36.3% of world soybeans in 2024, the United States 29.9% and Argentina 12.1%, so three countries grew 78%. China (5.2%), India (3.8%) and Paraguay (2.8%) follow. The HHI of 2,420 is at the top of the moderate band, more concentrated than maize, wheat or rice. Output rose from 108 Mt in 1990 to 357 Mt in 2020 and 398 Mt in 2024 (FAOSTAT), about 3.7-fold. Before the 1970s the US grew over three-quarters of the world crop (Geman, pdf p. 157). USDA puts 2025/26 output at 429 Mt, a marketing year that includes South America's early-2026 harvest.
Soya beans · FAOSTAT
Chart: World production of Soya beans
World production, tonnes. Hover for values.Top producers 2024
Brazil 36.3% United States 29.9% Argentina 12.1% China 5.2% India 3.8% Paraguay 2.8% Canada 1.9% Russia 1.8% Concentration: HHI 2,420, moderately concentrated.Largest producers by company, global
- Bunge: 54.2 Mt oilseeds processed (41.0 Mt soybeans) (2025)
- Wilmar International: 30 Mt oilseeds and grains sales volume (2025)
- COFCO International: 17 Mt grain and oilseed exports from Brazil (2024)
- SLC Agricola: 425 thousand ha soybeans planted (2025/26 estimate); 2024/25 yield 3,961 kg/ha (2025/26)
Largest producers by company, India
- SOPA (Soybean Processors Association of India): 10.54 Mt soybean crop estimate (105.36 lakh t) (2025-26)
- NAFED and NCCF: 2 Mt soybeans procured (about 20 lakh t), later auctioned at a loss (2024-25)
- AWL Agri Business (formerly Adani Wilmar): 2.98 Mt edible oil sold in 9M FY25 (all oils); about 18% share of consumer packs (9M FY2025)