Global Soy Beverages Market Size, Share & Trends Analysis Report By Product Type (Soy-Milk and Soy-Yogurt), By Flavor (Plain Soy Beverages and Flavored Soy Beverages), By Distribution Channel (Convenience Stores, Pharmacies, Online Retail, and Supermarket/Hypermarket) forecast period (2019-2025)
The global soy beverage market is anticipated to grow at a CAGR XX% during the forecast period. Soy beverages are plant-based drinks manufactured by processing soybeans. Additionally, soy beverages are rich in carbohydrates, fats, minerals, proteins, vitamins, and various other nutrients. Hence, the adoption of soy milk is anticipated to be considerably high owing to its health benefits which in turn will impact the growth of the soy beverages market.
The global soy beverage market is segmented based on the product type, flavor, and distribution channel. Based on the product type, the market is sub-segmented into soy-milk and soy-yogurt. Based on the flavor, the market is sub-segmented into plain soy beverages and flavored soy beverages. Further, based on the distribution channel the market is sub-segmented into convenience stores, pharmacies, online retail, and supermarket/hypermarket.
The global soy beverage market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to show significant growth in the market during the forecast period. The growth in the region is owing to the rising demand for ready to drink plant-based healthy beverages across the region.
The key players of the global soy beverages market include Danone S.A., Hain Celestial Group, Inc., Otsuka Pharmaceutical Co., Ltd., The Hershey Company, WhiteWave Foods Company (Silk), The Coca-Cola Company (AdeS), Dairy Farmers of America, Inc. (8th continent Soy milk), and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations with government, and funding, to stay competitive in the market.
Research Methodology
The market study of the global soy beverages market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report is intended for soy beverage manufacturers, soy producers, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation:
1. Global Soy Beverages Market Research and Analysis by Product Type
2. Global Soy Beverages Market Research and Analysis by Flavor
3. Global Soy Beverages Market Research and Analysis by Distribution Channel
The Report Covers
The global soy beverage market is anticipated to grow at a CAGR XX% during the forecast period. Soy beverages are plant-based drinks manufactured by processing soybeans. Additionally, soy beverages are rich in carbohydrates, fats, minerals, proteins, vitamins, and various other nutrients. Hence, the adoption of soy milk is anticipated to be considerably high owing to its health benefits which in turn will impact the growth of the soy beverages market.
The global soy beverage market is segmented based on the product type, flavor, and distribution channel. Based on the product type, the market is sub-segmented into soy-milk and soy-yogurt. Based on the flavor, the market is sub-segmented into plain soy beverages and flavored soy beverages. Further, based on the distribution channel the market is sub-segmented into convenience stores, pharmacies, online retail, and supermarket/hypermarket.
The global soy beverage market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to show significant growth in the market during the forecast period. The growth in the region is owing to the rising demand for ready to drink plant-based healthy beverages across the region.
The key players of the global soy beverages market include Danone S.A., Hain Celestial Group, Inc., Otsuka Pharmaceutical Co., Ltd., The Hershey Company, WhiteWave Foods Company (Silk), The Coca-Cola Company (AdeS), Dairy Farmers of America, Inc. (8th continent Soy milk), and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations with government, and funding, to stay competitive in the market.
Research Methodology
The market study of the global soy beverages market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for soy beverage manufacturers, soy producers, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation:
1. Global Soy Beverages Market Research and Analysis by Product Type
2. Global Soy Beverages Market Research and Analysis by Flavor
3. Global Soy Beverages Market Research and Analysis by Distribution Channel
The Report Covers
- Comprehensive research methodology of the global soy beverages market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global soy beverages market.
- Insights about market determinants which are stimulating the global soy beverages market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Adisoy Foods & Beverages Pvt. Ltd.
- Asahi Group Holdings Ltd.
- Bio Nutrients (India) Pvt.Ltd.
- Dairy Farmers of America, Inc.
- Danone S.A.
- Devansoy Inc.
- DuPont de Nemours, Inc.
- Kikkoman Corp.
- Marusan-AI CO., LTD.
- Natur-a Foods
- Otsuka Pharmaceutical Co., Ltd.
- Pacific Foods of Oregon, LLC.
- Spiral Foods Pty Ltd
- SunOpta Inc.
- The Coco-Cola Company (AdeS)
- The Hain Celestial Group, Inc.
- The Hershey Co.
- VITASOY International Holdings Limited
