- In October 2023, Louis Dreyfus Company B.V., a French firm specializing in agriculture and food processing, announced plans to establish a soybean processing plant in Ohio. The facility will be capable of crushing approximately 1.5 million metric tons of soybeans annually, with construction set to begin in early 2024
- In October 2023, Nestlé S.A., a multinational food and beverage company, introduced a new instant milk powder product to the Central and West African markets. The Hybrid instant milk products are made from a combination of dairy and plant-based ingredients, including soy
- In February 2023, Nestlé S.A. launched a high-protein drink called “Milo Soy,” which combines soy and barley malt extract. The company invested around USD 4.09 million in the development and promotion of this product, aiming to penetrate the Thai market
- In November 2022, Ag Processing Inc., a U.S.-based agribusiness, committed approximately USD 72 million to expand its soybean processing facility located in Sergeant Bluff, Iowa
- In March 2020, Japanese brand Asahi unveiled a plant-based version of its popular cultured milk drink, Calpis, using soy milk as a substitute for traditional milk
