Global Soy Milk Market: Industry Analysis and Forecast (2019-2027)Posted by rahul on February 3rd, 2021 Global Soy Milk Market was valued US$ 7.80 Bn in 2019 and is expected to reach US$ 12.50 Bn by 2027, at a CAGR of 6.07 % during a forecast period. The report has analyzed revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers and market disrupters in the report and same is reflected in our analysis. Soy milk is a great substitute for cow milk as it contains an equal amount of protein. The demand for low-calorie products is increasing because of the growing obesity rate. The soy milk is highly preferred by a consumers who are weight conscious. Global Soy Milk Market, Dynamics: Many people are consuming dairy alternatives because of the allergy, lactose intolerance or adherence to a vegan/plant-based diet. Consumer demand for dairy alternatives are expected to increase at an exponential growth rate. The soy milk products offer a unique nutritional profile, with a wide range of values for protein, carbohydrates and fat, along with vitamins and minerals. Attitudes of the population, and demographics trends play a great role in the growth of the Global soy milk market. Demographics and health awareness among population in North America and Europe are high that is expected to increase the adoption rate of soy milk products. On the other hand, a fluctuations in the prices of raw materials are expected to limit the global soy milk market growth. The prices of raw materials are based on the adverse weather, unstable economy, and other conditions. Global Soy Milk Market, Segment Analysis: An Introduction of various flavors like vanilla, chocolate, and strawberry by the market key players to offer the nutty taste of soy milk is boosting the soy milk product demand among kids. Unflavored or plain soy milk is widely consumed because of its high production. Key players are investing in research and development to provide the nutty taste by introducing more flavors. Many of the innovations and products, which are pioneered in the food marketplace are expected to achieve commercial successes. Food manufacturers are launching different soymilk distribution channels and innovative products to meet the increasing consumer demand for healthy beverages and pasteurized soymilk as dairy alternatives and deliver unique flavors of soy drinks.
The objective of the report is to present a comprehensive analysis of the Global Soy Milk Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Soy Milk Market dynamics, structure by analyzing the market segments and projects the Global Soy Milk Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Soy Milk Market make the report investor’s guide. visit at-https://www.maximizemarketresearch.com/market-report/global-soy-milk-market/77593/
Global Soy Milk Market, By Product Type • Flavored • Desserts • North America • Eden Foods About Us: Maximize Market Research provides B2B and B2C market research on Contact info: Like it? Share it!More by this author |