Hyderabad – September 21, 2026 -- The global soybean oil market is set to expand from $43.87 billion in 2026 to $57.66 billion by 2031, a 5.62% compound annual growth rate, according to Mordor Intelligence. Renewable diesel mandates and the EU Deforestation Regulation are reshaping demand and sourcing patterns across the value chain, while new crushing capacity in Brazil and Argentina offsets slower North American expansion.