Africa Soy Beverages Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4387166
  • Report
  • Region: Africa
  • 90 pages
  • Mordor Intelligence
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Africa soy beverages market was worth USD 393.41 million in 2015 and is estimated to reach a value of USD 500.97 million by 2020, at a CAGR of 4.95%.

Africa Soy Beverages Market Dynamics

The popularity of soy beverages can be attributed to their increased availability and the scientific facts that prove the many health benefits of soy, which includes lowering blood cholesterol and reduction of the risk of certain cancers. Soybean-based foods, apart from being a complete source of protein, also contain other important nutrients, such as fiber, B vitamins and Omega3 fatty acids. All these nutrients are present in soy beverages and thus, they play an important role in the growth of infants, fetal growth in pregnant women, and have various other health benefits for children and adults alike. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the market.

Africa Soy Beverages Market Segmentation

In Africa, South Africa had the highest market share worth USD 192.88 million in 2015 followed by Egypt. The soy beverages market can be segmented into soy milk and yogurt smoothies. The soy yogurt smoothie is generally low-fat and hence is more preferred over regular smoothies. Soy milk contains little digestible calcium as it is bound to the bean. Studies show that soy consumption is associated with a reduction in low-density lipoprotein and triglycerides.

Key Players in the African Soy Beverages Market

Silk, Organic Valley, Kikkoman Pearl Soymilk are a few major players which are adopting several strategies to increase their market share. There is a huge scope for development by launching new beverages; thus, shifting the focus from the traditional and most the opted beverage, plain soy milk.
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1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Market Dynamics
3.1 Drivers
3.1.1 Growing Consumption of Processed Foods and Beverages
3.1.2 Rising Global Demand for Protein Fortified Foods
3.2 Restraints
3.2.1 Health Hazards due to High Consumption of Processed Food
3.2.2 Recent Studies on the Side Effects of Soy Consumption
3.3 Opportunities
3.3.1 Growing Demand in the Developing Regions
3.3.2 Market Launch of New Soy-Based Beverages
3.4 Porter Five Forces Analysis
3.4.1 Bargaining Power of Buyers
3.4.2 Bargaining Power of Suppliers
3.4.3 Degree of Competition
3.4.4 Threat of New Entrants
3.4.5 Threat of Substitutes
4. Market Segmentation
4.1 By Product Type
4.1.1 Soy Milk
4.1.2 Yogurt Smoothies
4.2 By Geography
4.2.1 Africa
4.2.1.1 South Africa
4.2.1.2 Egypt
4.2.1.3 Others
5. Competitive Landscape
5.1 Mergers and Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most Active Companies in the Past Five Years
5.5 Market Share Analysis
6. Company Profiles
6.1 Silk
6.2 Organic Valley
6.3 Kikkoman Pearl Soy Milk
6.4 WestSoy
6.5 Eden Foods
6.6 ZenSoy
6.7 Trader Joe
6.8 Jaffe Bros. Natural Foods
6.9 Devansoy
7. Appendix
7.1 Sources
7.2 Disclaimer
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