Soy Milk Market – 2021 Global Size, Leading Players, Analysis, Sales Revenue and Forecast 2027
Soy Milk Market was valued US$ 7.80 Bn in 2020 and is expected to reach US$ 11.78 Bn by 2027, at a CAGR of 6.07 % during a forecast period.
Soy Milk Market Overview:
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. Soy milk is highly preferred by consumers who are weight conscious. Soy milk is a type of grain milk made by soaking dried soya beans in water and grinding them. Soy milk is a water, oil, and protein emulsion that is stable. Soy milk is available in a variety of flavors and is fortified with additional calcium and vitamins. When compared to conventional cow milk, soy milk has a higher concentration of key nutrients like carbs, proteins, and calcium. Soy milks are lactose-free and are popular among lactose-intolerant people and those who eschew dairy products, such as vegans.
Maximize Market Research's Soy Milk Market Report offers readers an evaluation of the worldwide market landscape via the use of a thorough viewpoint. This report on the Soy Milk Market examines the situation from 2021 to 2027, with 2020 serving as the base year and 2016 to 2019 covering historical data. With the support of a plethora of information contained in the study, this report helps readers to make critical business decisions.
Soy Milk Market Scope:
This report on the Soy Milk market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The country-wise model mapping of Soy Milk using internal and external proprietary information, as well as pertinent patent and regulatory databases, determine market volume. The competitive scenario of the Soy Milk market is supported by an assessment of the different factors that influence the market on a minute and granular level. Researchers in the Soy Milk industry arrive at forecasts and projections and compute the market prognosis by extensively examining historical data, current trends, and announcements by major companies.
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Soy Milk Market Segmentation:
Based on Product type, the market is sub-segmented into Flavored and Unflavored. The introduction of a range of flavors to the market has resulted in an increase in flavored soy milk consumption. From 2020 to 2027, this segment is predicted to grow at a CAGR of 6.3 %. Adults like flavored or sweetened soy milk because it covers the nutty flavor of the original product. Vanilla and chocolate are the most popular flavors. Manufacturers are working on expanding the range of flavors available and packaging them in appealing packages in order to improve consumption and drive overall product demand.
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Soy Milk Market Key Players:
• Eden Foods
• Organic Valley
• Pureharvest
• WhiteWave Foods
• American Soy Products
• Vitasoy International Holdings
• SunOpta
• Pacific Natural Foods
• Panos Brands
• Sanitarium
• Hain Celestial Group, Inc.
• Kikkoman Corporation
• The Hershey Company
• Alpro
• Danone S.A.
• Campbell Soup Company
Depending on the client's subscription period, this report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets. Our data is regularly updated and amended by a team of research specialists to reflect the most recent trends and facts. We have extensive expertise in research and consulting for many business fields to meet the needs of both individual and corporate clients. Our skilled staff makes use of proprietary data sources as well as a variety of other methods. The key players in the Soy Milk industry …
Soy Milk Market Regional Analysis:
North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), the Middle East, and Africa have all been researched (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The research provides regional competitive situations. These insights assist market participants in improving tactics and creating new chances to achieve extraordinary results.
COVID-19 Impact Analysis on Soy Milk Market:
The Global Soy Milk Market Research Report provides an overview of the industry based on important factors such as market size, sales, sales analysis, and key drivers. During the projected period, the market is predicted to increase significantly (2021-2027). This report also includes the most recent market impacts of COVID-19. The pandemic's spread has had a wide-ranging impact on people's lives all around the world. As a result, markets have been compelled to embrace new norms, trends, and strategies. Essentially, the study report attempts to give a picture of the market's initial and future estimates.
Key Questions Answered in the Soy Milk Market Report are:
- What are the new competitive developments in the Soy Milk market?
- What is the market size, share of Soy Milk ?
- How can I get sample reports/company profiles of the Soy Milk market?
- Who are the potential customers of the Soy Milk market?
- Which are the leading players in the Soy Milk market?
- How can I get company profiles on the top ten players of the Soy Milk market?
- Which region is and will provide more business opportunities for Soy Milk in the future?
- Who are the service providers of the Soy Milk industry?
- What are the key growth strategies of Soy Milk industry players?
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