Soybean meal (SBM) is a foundational protein source, but its industrial application is constrained by a complex matrix of anti-nutritional factors (ANFs). This review provides a critical synthesis of the biochemical transition from raw SBM to fermented SBM (FSBM), focusing on the synergistic mechanisms of fungal and bacterial co-fermentation. We identify that the efficacy of FSBM is primarily driven by the microbial proteolysis of glycinin into low-molecular-weight bioactive peptides (<1000 Da). These peptides serve as the primary drivers for improved intestinal morphology (increased villus height) and the modulation of the gut microbiota, providing a mechanistic basis for reported probiotic effects. Furthermore, we establish that the 5–10% improvement in the feed conversion ratio (FCR) documented for swines mathematically offsets the processing premium of fermentation. However, critical gaps remain in the standardization of solid-state fermentation (SSF) protocols, specifically regarding the selection of fungal (Aspergillus) and bacterial (Bacillus or Lactobacillus) strains, whose distinct metabolic pathways significantly diversify the functional profile of the resulting FSBM.
Mulalapele et al. (2026) studied this question.