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

  • ID: 4387171
  • Report
  • Region: Global
  • 163 pages
  • Mordor Intelligence
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The global soy beverages market was worth USD 5685.87 million in 2015 and is estimated to reach a value of USD 7415.17 million by 2020, at a CAGR of 5.4%.

Global Soy Beverages Market Dynamics

Soy beverages are consumed because of the increased availability of soy, and the scientific facts that prove the many health benefits of the beans; including lowering blood cholesterol and reducing the risk of certain cancers. Additionally, soy beverages are consumed as a replacement for lesser-healthy drinks because of its nutrition content.

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 play an important role in the growth of infants, fetal growth in pregnant women, and provide various other benefits for children and adults alike. The rising health consciousness in the developing and developed regions is driving the soy beverages market. It is a healthy alternative to meat and other animal products and hence is a good protein source for the vegetarians. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the market. Homemade protein rich foods are being opted over processed soy products.

Global 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.

Asia-Pacific has the highest market for soy beverages due to the rising disposable incomes and the demand for processed foods. It is followed by fast-growing markets like North America and Europe. The demand for soy beverages is also increasing in the developing regions of South America and Africa because of rising health concerns.

Key Players in the Global Soy Beverages Market

The growing demand for soy-based products in the developing regions of South America and Africa provide a huge platform for the players to increase their presence and thus, increase their market share. Silk, Organic Valley, Kikkoman Pearl Soymilk are a few major players who are adopting several strategies to increase their market share. There is a huge scope for development by launching new beverages, and 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 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 North America United States Canada Mexico Others
4.2.2 Europe Spain U.K. France Germany Russia Italy Others
4.2.3 Asia-Pacific China Japan India Thailand Vietnam Australia Others
4.2.4 South America Brazil Argentina Others
4.2.5 Africa South Africa Egypt 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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