Market Research Report
Soy Milk Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||960168|
Delivery time: 2-3 business days
|Soy Milk Market 2020-2026|
|Published: July 28, 2020||Content info:||
Global Soy Milk Market Size, Share & Trends Analysis Report By Type (Plain Soy milk and Flavored Soy milk), By Application (Desserts, Cheese & Snacks, and Beverages), Forecast 2020-2026
The global soy milk market is anticipated to grow at a CAGR of around 6% during the forecast period. Soy milk is a non-dairy beverage that is consumed all across the globe as an alternative to animal milk. The regular intake of soy milk aids in lowering the cholesterol while raising HDL (good) cholesterol, hence promotes good cardiovascular health. Therefore, the adoption of soy milk is high, which in turn, will drive the soy milk market growth.
The global soy milk market is segmented based on type and application. Based on the type, the market is bifurcated into plain soy milk and flavored soy milk. Plain soy milk is estimated to contribute a significant share to the market. Further, based on the application the market is sub-segmented into desserts, cheese & snacks, and beverages. Beverages segment is estimated to contribute a prominent share to the market.
Geographically, the study of the global soy milk market covers the analysis of four major regions including North America (US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and rest of the World. North America is projected to exhibit considerable growth in the market. While Asia-Pacific is estimated to contribute a prominent share to the market.
Some of the key players of the soy milk market include Kikkoman Corp., Danone SA, The Hain Celestial Group, Inc., Vitasoy international Holdings Ltd., The Hershey Company, and others. The market players are considerably contributing to the market growth by adopting various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups, and new product launches to stay competitive in the market. In March 2020, Asahi Group Holdings Ltd. launched a soymilk version named Calpis. With the launch of the new drink, the company is intended to target the potential health-conscious female population.
The market study of the global soy milk market is incorporated by extensive primary and secondary research conducted by the research team at OMR. 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. Our 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 our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our 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, soy milk producers, distributors, traders, raw material suppliers, and other market participants 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.
1. Global Soy Milk Market Research and Analysis by Type
2. Global Soy Milk Market Research and Analysis by Application
The Report Covers:
Comprehensive research methodology of the global soy milk 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 milk market.
Insights about market determinants which are stimulating the global soy milk market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.