North America Soy Beverages Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4387170
  • Report
  • Region: America, North America, United States
  • 96 pages
  • Mordor Intelligence
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The North American soy beverages market was worth USD 1540.47 million in 2015 and is estimated to reach a value of USD 2025.72 million by 2020, at a CAGR of 5.63%.

North America Soy Beverages Market Dynamics

Soy beverages are consumed because of their increased availability and the scientific facts that prove the many health benefits, like lowering blood cholesterol and reducing the risk of certain cancers. Soybean-based foods, apart from being a complete source of protein, also contain other crucial nutrients, such as fiber, B vitamins and Omega3 fatty acids. All these nutrients play an important role in the growth of infants, fetal growth in pregnant women, and provide various other health benefits for children and adults alike. The rising health consciousness in the developing and developed regions is driving the soy beverages market. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the market.

North America Soy Beverages Market Segmentation

The soy beverages market can be segmented into soy milk and yogurt smoothies. They are highly recommended for the lactose intolerant or dairy allergic population. The protein content in soy milk is equivalent to that of cow milk, but unlike cow milk, soy milk has little amounts of saturated fats and no cholesterol. The soy yogurt smoothie is generally low-fat and hence is preferred over regular smoothies.

North America is a fast-growing market, with the US having the highest share of USD 831.79 million in 2015. The US has the highest projected growth rate, followed by Canada and Mexico.

Key Players in the North American 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 through the launch of new beverages, thus shifting the focus from the traditional and the most 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 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 North America
4.2.1.1 United States
4.2.1.2 Canada
4.2.1.3 Mexico
4.2.1.4 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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