The Global Soy Beverages Market was worth USD 5.7 billion in 2016 and estimated to be growing at a CAGR of 5.1%, to reach USD 7.31 billion by 2021. Soybean-based foods, apart from being a whole source of protein, also comprise other important nutrients, such as fiber, B vitamins, and Omega3 fatty acids. All these nutrients play an imperative role in the growth of infants, fetal growth in pregnant women, and provide various other benefits for children and adults alike.
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Soy beverages are used up because of the increased availability of soy, and the scientific truths that prove the many health benefits of the beans; including lowering blood cholesterol and reducing the risk of certain cancers. Additionally, soy beverages are disbursed as a replacement for lesser-healthy drinks because of their nutrition.
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The Global Soy Beverages market is driven by the rising health consciousness, as an alternative to meat and other animal products, in the developing and developed regions of the world. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the market.
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The Global Soy Beverages market is segmented on the basis of product type and by region. On the basis of product type, the market is distributed among soy milk and yogurt smoothies.
Based on distribution channel, the market is segmented into Supermarket/hypermarket, Retail stores, online stores and others
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, Europe led the global Soy Beverages market in terms of market share.
The market share in North America has dwindled owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Soy Beverages in Asia-Pacific area is amplifying because more of consumption.
The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Soy Beverages market in the following years when compared with the seasoned markets of developed regions.
The major players operating in the Global Soy beverages industry include Silk, Organic Valley, Kikkoman
Pearl Soy Milk. West Soy, Eden Foods, Zen Soy, Trader Joe’s, Jaffe Bros. Natural Foods and Devansoy.
- Soy Milk
- Yogurt Smoothies
- Y-o-Y Growth Analysis, By Product Type
- Market Attractiveness Analysis, By Product Type
- Market Share Analysis, By Product Type
2)By Distribution Channel
- Retail stores
- Online Stores
- Y-o-Y Growth Analysis, By Distribution Channel
- Market Attractiveness Analysis, By Distribution Channel
- Market Share Analysis, By Distribution Channel
Scope of the report:
- Global, regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
- A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
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