Soy beverages like soy milk may be a plant-based product made by soaking and grinding the soybeans, then boiling the mixture and eventually, filtering it. Soy milk is employed as a substitute for farm milk for vegetarian or lactose-intolerant individuals because it offers style and consistency almost like farm milk, on it is an enormous supply of low fat and cholesterol-free milk. Soy-based merchandise is thought-about nutrient-rich and cholesterol-free, notably carbohydrates, proteins, and omega-3 fatty acids. It is additionally an excellent supply of vitamin A, vitamin D, vitamin B, and Mg.This growth is primarily driven by Rising Number of Consumers Seeking Non-Dairy Beverage Alternatives and Growing Health Awareness and Demand for Healthy Beverages.
Globally, a noticeable market trend is evident Developing New Food Production Technology and New Varieties of Soybeans Result in New Flavors. The Beverages sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as The Hershey Company (United States), Life Health Foods India Private Limited (India), Chetran Foods Private Limited (India), Pacific Foods of Oregon LLC (United States), The Hain Celestial Group, Inc. (United States), Eden Foods (United States), Danone SA (France), SoyLife (United States), Neon India (India) and Invigorate Foods Pvt. Ltd. (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2020, Asahi is to launch a plant-based version of its cultured milk drink Calpis, using soy milk instead of regular milk. Green Calpis drink is supposed to have a refreshing aftertaste and lower in sweetness, from its use of soymilk.
- Rising Number of Consumers Seeking Non-Dairy Beverage Alternatives
- Growing Health Awareness and Demand for Healthy Beverages
- Developing New Food Production Technology and New Varieties of Soybeans Result in New Flavors
- Availability of the Raw Material and Additives Regulations
Rising Demand for the Functional Foods in Fitness Industry
Availability of Substitutes Beverages in Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Soy Beverage Study Sheds Light on
The Soy Beverage Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Soy Beverage industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Soy Beverage industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Soy Beverage Market?
The Soy Beverage market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Soy Beverage Market?
Top performing companies in the Global Soy Beverage market are The Hershey Company (United States), Life Health Foods India Private Limited (India), Chetran Foods Private Limited (India), Pacific Foods of Oregon LLC (United States), The Hain Celestial Group, Inc. (United States), Eden Foods (United States), Danone SA (France), SoyLife (United States), Neon India (India) and Invigorate Foods Pvt. Ltd. (India), to name a few.
3. Which region dominated the worldwide market for Soy Beverage in 2020?
North America is dominating the Soy Beverage Market.