Soy Beverage Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Product Type (Soy Milk, Soy Yogurt, Others), By Flavor (Flavored, Unflavored), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Departmental Stores, Online, Non-Retail), By Region, Competition

Customization Enquiry

Buy Now

Summary

Report Description

The global soy beverage market is witnessing robust growth owing to the increased consumer demand for dairy substitutes. Many factors contribute to the growing popularity of non-dairy milk, including lactose allergy, lactose intolerance, and the popular vegan or plant-based diet. Moreover, soy beverages are gaining popularity especially among health conscious consumers globally. Thus, vegan or plant-based diet are becoming popular since they are considered as a healthier substitute among consumers, which is expected to drive the demand for soy beverages across the globe during the forecast period.

Soy beverage is a non-dairy beverage made from soybeans that is preferred as a substitute for cow's milk. It's made from soybeans and many brands, enhance it with vitamins and minerals including vitamin D and calcium.  Soy beverages are available in a variety of forms such as soya milk, soya yogurt, soya juice, and soya buttermilk. Soy milk has a wide range of culinary uses, a creamy texture, and a nutritious nutritional composition that includes vital omega-3 fatty acids and flavonoids, which have antioxidant, anti-inflammatory, and cardioprotective qualities. Soy yoghurt, often known as soya yoghurt, is a type of yoghurt prepared from soy milk.

According to the U.S. Department of Agriculture (USDA), a 1 cup serving of plain, unsweetened soy milk contains 100 calories, 4.9 grams fat, 7 gm carbohydrates, and many others. Moreover, according to Good Food Institute, as of 2020, plant-based milk accounted for 15% of total retail milk sales in the developed market of the United States. Packaged soy milk and almond milk are the most popular among plant-based dairy users with highest penetration in 2021 (56% and 54%, respectively), followed by plant-based cheese (31%) and oat milk (29%). Thus, with increasing popularity among consumers across the globe, the demand for soy beverages during the forecast period is expected to rise.

Growing Health Concerns Boosted Consumption of Soy Beverages

Soy beverages are becoming popular due to increased soy availability and scientific evidence proving several health benefits of the beans, such as lowering blood cholesterol and lowering the risk of certain cancers. Furthermore, owing to their nutritional composition, soy beverages are used as a replacement for less healthful drinks. Soybean-based products, in addition to being a complete source of protein, also contain fiber, B vitamins, and omega-3 fatty acids. All of the nutrients are crucial for infant growth, fetal growth in pregnant women, and a variety of other benefits for both children and adults. Soy beverages are being driven by increased health consciousness in both emerging and developed countries. Thus, health benefits associated with the consumption of soy beverage or other soy based products are expected to drive the market during the forecast period across the globe.

Demand for Lactose-Free Beverages is Driving the Expansion of Soy Beverage Sales

Lactose intolerant customers all over the world are increasingly demanding lactose-free food products, such as soy drinks, to meet their specific dietary needs. Patients suffering from this condition commonly have difficulty in digesting fresh milk, resulting in a reduction in dairy product consumption. This is due to the fact that most dairy farm cows produce milk with a high concentration of A1 protein, which may cause abdominal pain, diarrhea, stomach cramps, bloating, etc. in lactose intolerant people. As a result, more lactose-intolerant people around the world are supplementing their dairy diet with dairy-free alternatives such as soy drinks. Thus, the demand of soy beverages is expected to rise globally during the forecast period.


Download Free Sample Report

Expansion of Soy Beverage Product Range is Driving the Market Growth

Another factor which is expanding the market growth is the expansion of product range of soy beverage.  Moreover, with the addition of flavors such as vanilla, chocolate, and strawberry by manufacturers to offset the nutty taste of soy milk is increasing demand among children. Leading players are spending in research and development to reduce the nutty flavor by introducing different tastes and offering the product in appealing packages through a variety of distribution channels. Therefore, companies are focusing on expanding the range of flavors and packaging them in appealing packages in order to promote consumption, hence driving overall product demand.

Market Segmentation  

The global soy beverage market is segmented based on product type, flavors and distribution channel. The market is divided into soy milk, soy yogurt, others based on product type. Based on flavors, the market is further bifurcated into flavored and unflavored. Based on distribution channels, the market is further divided into supermarket/hypermarket, convenience stores, departmental stores, online, and non-retail. On the basis of region, the market is divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Danone S.A., Kikkoman Sales USA, INC., The Hain Celestial Group, Inc., The Hershey Co., Eden Foods, Inc., Pacific Foods of Oregon, LLC, Devansoy Inc., SunOpta, Inc., American Soy Products Inc, Vitasoy International Holdings Limited are among the major market players in the global platform that are driving the market growth of the global soy beverage market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Product Type

Flavor

Distribution Channel

Region

Regional Scope

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Country Scope

United States, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, India, Japan, South Korea, Australia, Saudi Arabia, UAE, South Africa, Turkey, Brazil, Argentina, Colombia

Key Companies Profiled

Danone S.A., Kikkoman Sales USA, Inc., The Hain Celestial Group, Inc., The Hershey Co., Eden Foods, Inc., Pacific Foods of Oregon, LLC, Devansoy Inc., SunOpta, Inc., American Soy Products Inc, Vitasoy International Holdings Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the Global Soy Beverage market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Soy Beverage Market, By Product Type:
    • Soy Milk
    • Soy Yogurt
    • Others
  • Soy Beverage Market, By Flavor:
    • Flavored
    • Unflavored
  • Soy Beverage Market, By Distribution Channel:
    • Supermarket/Hypermarket
    • Convenience Stores
    • Departmental Store
    • Online
    • Non-Retail
  • Soy Beverage Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Soy Beverage Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Soy Beverage Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Customer Satisfaction

4.4.  Challenges Faced

5.    Global Soy Beverage Market Outlook   

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Soy Milk, Soy Yogurt, Others)

5.2.2.    By Flavor Market Share Analysis (Flavored, Unflavored)

5.2.3.    By Distribution Channel Market Share Analysis (Supermarket/Hypermarket, Convenience Stores, Departmental Stores, Online, Non-Retail)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Analysis

5.2.4.2.        Europe Market Analysis

5.2.4.3.        Asia -Pacific Market Analysis

5.2.4.4.        South America Market Analysis

5.2.4.5.        Middle East & Africa Market Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Soy Beverage Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Flavor Market Mapping & Opportunity Assessment

5.3.3.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Soy Beverage Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Flavor Market Share Analysis

6.2.3.    By Distribution Channel Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        United States Soy Beverage Market Outlook

6.2.4.1.1.           Market Size & Forecast

6.2.4.1.1.1.               By Value

6.2.4.1.2.           Market Share & Forecast

6.2.4.1.2.1.               By Product Type Market Share Analysis

6.2.4.1.2.2.               By Flavor Market Share Analysis

6.2.4.1.2.3.               By Distribution Channel Market Share Analysis

6.2.4.2.        Canada Soy Beverage Market Outlook

6.2.4.2.1.           Market Size & Forecast

6.2.4.2.1.1.               By Value

6.2.4.2.2.            Market Share & Forecast

6.2.4.2.2.1.               By Product Type Market Share Analysis

6.2.4.2.2.2.               By Flavor Market Share Analysis

6.2.4.2.2.3.               By Distribution Channel Market Share Analysis

6.2.4.3.        Mexico Soy Beverage Market Outlook

6.2.4.3.1.           Market Size & Forecast

6.2.4.3.1.1.               By Value

6.2.4.3.2.           Market Share & Forecast

6.2.4.3.2.1.               By Product Type Market Share Analysis

6.2.4.3.2.2.               By Flavor Market Share Analysis

6.2.4.3.2.3.               By Distribution Channel Market Share Analysis

7.    Europe Soy Beverage Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Flavor Market Share Analysis

7.2.3.    By Distribution Channel Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Soy Beverage Market Outlook

7.2.4.1.1.           Market Size & Forecast

7.2.4.1.1.1.               By Value

7.2.4.1.2.           Market Share & Forecast

7.2.4.1.2.1.               By Product Type Market Share Analysis

7.2.4.1.2.2.               By Flavor Market Share Analysis

7.2.4.1.2.3.               By Distribution Channel Market Share Analysis

7.2.4.2.        France Soy Beverage Market Outlook

7.2.4.2.1.           Market Size & Forecast

7.2.4.2.1.1.               By Value

7.2.4.2.2.           Market Share & Forecast

7.2.4.2.2.1.               By Product Type Market Share Analysis

7.2.4.2.2.2.               By Flavor Market Share Analysis

7.2.4.2.2.3.               By Distribution Channel Market Share Analysis

7.2.4.3.        United Kingdom Soy Beverage Market Outlook

7.2.4.3.1.           Market Size & Forecast

7.2.4.3.1.1.               By Value

7.2.4.3.2.           Market Share & Forecast

7.2.4.3.2.1.               By Product Type Market Share Analysis

7.2.4.3.2.2.               By Flavor Market Share Analysis

7.2.4.3.2.3.               By Distribution Channel Market Share Analysis

7.2.4.4.        Italy Soy Beverage Market Outlook

7.2.4.4.1.           Market Size & Forecast

7.2.4.4.1.1.               By Value

7.2.4.4.2.           Market Share & Forecast

7.2.4.4.2.1.               By Product Type Market Share Analysis

7.2.4.4.2.2.               By Flavor Market Share Analysis

7.2.4.4.2.3.               By Distribution Channel Market Share Analysis

7.2.4.5.        Spain Soy Beverage Market Outlook

7.2.4.5.1.           Market Size & Forecast

7.2.4.5.1.1.               By Value

7.2.4.5.2.           Market Share & Forecast

7.2.4.5.2.1.               By Product Type Market Share Analysis

7.2.4.5.2.2.               By Flavor Market Share Analysis

7.2.4.5.2.3.               By Distribution Channel Market Share Analysis

8.    Asia-Pacific Soy Beverage Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Flavor Market Share Analysis

8.2.3.    By Distribution Channel Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        China Soy Beverage Market Outlook

8.2.4.1.1.           Market Size & Forecast

8.2.4.1.1.1.               By Value

8.2.4.1.2.           Market Share & Forecast

8.2.4.1.2.1.               By Product Type Market Share Analysis

8.2.4.1.2.2.               By Flavor Market Share Analysis

8.2.4.1.2.3.               By Distribution Channel Market Share Analysis

8.2.4.2.        India Soy Beverage Market Outlook

8.2.4.2.1.           Market Size & Forecast

8.2.4.2.1.1.               By Value

8.2.4.2.2.           Market Share & Forecast

8.2.4.2.2.1.               By Product Type Market Share Analysis

8.2.4.2.2.2.               By Flavor Market Share Analysis

8.2.4.2.2.3.               By Distribution Channel Market Share Analysis

8.2.4.3.        Japan Soy Beverage Market Outlook

8.2.4.3.1.           Market Size & Forecast

8.2.4.3.1.1.               By Value

8.2.4.3.2.           Market Share & Forecast

8.2.4.3.2.1.               By Product Type Market Share Analysis

8.2.4.3.2.2.               By Flavor Market Share Analysis

8.2.4.3.2.3.               By Distribution Channel Market Share Analysis

8.2.4.4.        South Korea Soy Beverage Market Outlook

8.2.4.4.1.           Market Size & Forecast

8.2.4.4.1.1.               By Value

8.2.4.4.2.           Market Share & Forecast

8.2.4.4.2.1.               By Product Type Market Share Analysis

8.2.4.4.2.2.               By Flavor Market Share Analysis

8.2.4.4.2.3.               By Distribution Channel Market Share Analysis

8.2.4.5.        Australia Soy Beverage Market Outlook

8.2.4.5.1.           Market Size & Forecast

8.2.4.5.1.1.               By Value

8.2.4.5.2.           Market Share & Forecast

8.2.4.5.2.1.               By Product Type Market Share Analysis

8.2.4.5.2.2.               By Flavor Market Share Analysis

8.2.4.5.2.3.               By Distribution Channel Market Share Analysis

9.    Middle East & Africa Soy Beverage Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Flavor Market Share Analysis

9.2.3.    By Distribution Channel Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Saudi Arabia Soy Beverage Market Outlook

9.2.4.1.1.           Market Size & Forecast

9.2.4.1.1.1.               By Value

9.2.4.1.2.           Market Share & Forecast

9.2.4.1.2.1.               By Product Type Market Share Analysis

9.2.4.1.2.2.               By Flavor Market Share Analysis

9.2.4.1.2.3.               By Distribution Channel Market Share Analysis

9.2.4.2.        UAE Soy Beverage Market Outlook

9.2.4.2.1.           Market Size & Forecast

9.2.4.2.1.1.               By Value

9.2.4.2.2.           Market Share & Forecast

9.2.4.2.2.1.               By Product Type Market Share Analysis

9.2.4.2.2.2.               By Flavor Market Share Analysis

9.2.4.2.2.3.               By Distribution Channel Market Share Analysis

9.2.4.3.        South Africa Soy Beverage Market Outlook

9.2.4.3.1.           Market Size & Forecast

9.2.4.3.1.1.               By Value

9.2.4.3.2.           Market Share & Forecast

9.2.4.3.2.1.               By Product Type Market Share Analysis

9.2.4.3.2.2.               By Flavor Market Share Analysis

9.2.4.3.2.3.               By Distribution Channel Market Share Analysis

9.2.4.4.        Turkey Soy Beverage Market Outlook

9.2.4.4.1.           Market Size & Forecast

9.2.4.4.1.1.               By Value

9.2.4.4.2.           Market Share & Forecast

9.2.4.4.2.1.               By Product Type Market Share Analysis

9.2.4.4.2.2.               By Flavor Market Share Analysis

9.2.4.4.2.3.               By Distribution Channel Market Share Analysis

10. South America Soy Beverage Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Flavor Market Share Analysis

10.2.3. By Distribution Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     Brazil Soy Beverage Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.            By Value

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.            By Product Type Market Share Analysis

10.2.4.1.2.2.            By Flavor Market Share Analysis

10.2.4.1.2.3.            By Distribution Channel Market Share Analysis

10.2.4.2.     Colombia Soy Beverage Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.            By Value

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.            By Product Type Market Share Analysis

10.2.4.2.2.2.            By Flavor Market Share Analysis

10.2.4.2.2.3.            By Distribution Channel Market Share Analysis

10.2.4.3.     Argentina Soy Beverage Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.            By Value

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.            By Product Type Market Share Analysis

10.2.4.3.2.2.            By Flavor Market Share Analysis

10.2.4.3.2.3.            By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.1.1. Growing Health Concerns Boosted Consumption of Soy Beverages

11.1.2. Demand for Lactose-Free Beverages

11.1.3. Expansion of Soy Beverage Product Range

11.2.             Challenges

11.2.1. Concerns Regarding Effects of Soy and Soy Derivatives

11.2.2. Availability of Substitutes

12. Impact of COVID-19 on Global Soy Beverage

13. Market Trends & Developments

13.1.             Increasing Popularity of Non-Dairy Foods And Beverages

13.2.             Rising Awareness of Health Benefits Associated with Consumption of Soy Milk

13.3.             Demand for Low-Calorie Products Is High Due To Growing Obesity

13.4.             Increase in the Prevalence Of Lactose Intolerance

13.5.             Growing in the Animal Welfare Concerns

14. Porter’s Five Forces Model

14.1.             Competitive Rivalry

14.2.             Bargaining Power of Buyers

14.3.             Bargaining Power of Suppliers

14.4.             Threat of New Entrants

14.5.             Threat of Substitutes

15. SWOT Analysis

15.1.             Strengths

15.2.             Weaknesses

15.3.             Opportunities

15.4.             Threats

16. Competitive Landscape

16.1.             Company Profiles     

16.1.1. Danone S.A.

16.1.1.1.     Company Details

16.1.1.2.     Product & Services

16.1.1.3.     Financials (As Per Availability)

16.1.1.4.     Key Market Focus & Geographical Presence

16.1.1.5.     Recent Developments

16.1.1.6.     Key Management Personnel

16.1.2. Kikkoman Sales USA, INC.

16.1.2.1.     Company Details

16.1.2.2.     Product & Services

16.1.2.3.     Financials (As Per Availability)

16.1.2.4.     Key Market Focus & Geographical Presence

16.1.2.5.     Recent Developments

16.1.2.6.     Key Management Personnel

16.1.3.  The Hain Celestial Group, Inc.

16.1.3.1.     Company Details

16.1.3.2.     Product & Services

16.1.3.3.     Financials (As Per Availability)

16.1.3.4.     Key Market Focus & Geographical Presence

16.1.3.5.     Recent Developments

16.1.3.6.     Key Management Personnel

16.1.4. The Hershey Co.

16.1.4.1.     Company Details

16.1.4.2.     Product & Services

16.1.4.3.     Financials (As Per Availability)

16.1.4.4.     Key Market Focus & Geographical Presence

16.1.4.5.     Recent Developments

16.1.4.6.     Key Management Personnel

16.1.5. Eden Foods, Inc.

16.1.5.1.     Company Details

16.1.5.2.     Product & Services

16.1.5.3.     Financials (As Per Availability)

16.1.5.4.     Key Market Focus & Geographical Presence

16.1.5.5.     Recent Developments

16.1.5.6.     Key Management Personnel

16.1.6. Pacific Foods of Oregon, LLC

16.1.6.1.     Company Details

16.1.6.2.     Product & Services

16.1.6.3.     Financials (As Per Availability)

16.1.6.4.     Key Market Focus & Geographical Presence

16.1.6.5.     Recent Developments

16.1.6.6.     Key Management Personnel

16.1.7. Devansoy Inc.,

16.1.7.1.     Company Details

16.1.7.2.     Product & Services

16.1.7.3.     Financials (As Per Availability)

16.1.7.4.     Key Market Focus & Geographical Presence

16.1.7.5.     Recent Developments

16.1.7.6.     Key Management Personnel

16.1.8. SunOpta, Inc.

16.1.8.1.     Company Details

16.1.8.2.     Product & Services

16.1.8.3.     Financials (As Per Availability)

16.1.8.4.     Key Market Focus & Geographical Presence

16.1.8.5.     Recent Developments

16.1.8.6.     Key Management Personnel

16.1.9. American Soy Products Inc

16.1.9.1.     Company Details

16.1.9.2.     Product & Services

16.1.9.3.     Financials (As Per Availability)

16.1.9.4.     Key Market Focus & Geographical Presence

16.1.9.5.     Recent Developments

16.1.9.6.     Key Management Personnel

16.1.10.              Vitasoy International Holdings Limited

16.1.10.1.  Company Details

16.1.10.2.  Product & Services

16.1.10.3.  Financials (As Per Availability)

16.1.10.4.  Key Market Focus & Geographical Presence

16.1.10.5.  Recent Developments

16.1.10.6.  Key Management Personnel

17. Strategic Recommendations/Action Plan

17.1.             Key Focus Areas

17.2.             Target Product Type

17.3.             Target Distribution Channel

18. About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

down-arrow

Soy beverage refers to beverages that are nutritionally adequate and can be used in place of milk. This beverage is a plant-based beverage made by extracting nutrients from soybeans.

down-arrow

The market for Soy Beverage is primarily being driven by an increase in the adoption of soy beverages as a healthy alternative to dairy milk, a growth in the prevalence of lactose intolerance around the world, and high popularity among health-conscious consumers.

down-arrow

North America is expected to be the fastest-growing region in the market owing to the increased consumption of non-dairy alternatives.

down-arrow

Some key players operating in the global Soy Beverage market include Danone S.A., Kikkoman Sales USA, INC., The Hain Celestial Group, Inc., The Hershey Co., Eden Foods, Inc., Pacific Foods of Oregon, LLC, Devansoy Inc., SunOpta, Inc., American Soy Products Inc, and Vitasoy International Holdings Limited.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Soy Beverage Market to be Dominated by North America During the Forecast Period

May, 2023

Rising popularity of plant-based diets among consumers, owing to the increased concern for animal welfare are the leading factors expected to drive the soy beverage market during the forecast period.

Why Choose Us