Soy milk is a plant-based dairy milk alternative, which is produced by soaking soybeans and grinding them in water.
Soy milk is the largest product segment in the soy milk and cream market and will continue its dominance by occupying around 80% of the total market share during the forecast period. The primary reason for this segments growth is the several health benefits associated with soy milk. Soy milk contains only vegetable proteins and helps in reducing cholesterol. It does not contain hormones or lactose and is rich in isoflavones. Also, it enhances the lipid profile, promotes weight loss as it is lower in sugar content, reduces the risk of prostate cancer, and aids in preventing osteoporosis. Consumers are now significantly opting for soy milk owing to its functional properties such as no fat, no cholesterol, and rich in proteins, which will, in turn, boost the growth of this market segment over the next few years.
During 2017, the supermarkets and hypermarkets segment dominated the soy milk and cream market and accounted for around 52% of the total market share. The dominance of this retail format is due to the high level of manufacturers dependence on its shelf space. In-store promotions by retailers and price comparisons are some of the primary reasons why consumers prefer hypermarkets and supermarkets for their shopping. Moreover, the growth of organized retail will also significantly contribute to the growth of this segment in the coming years.
The report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Soy Milk and Cream market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Global market, the following companies are covered:
Eden Foods
Dean Foods
Hain Celestial
Pacific Natural Foods
WhiteWave Foods
SunOpta
Panos Brands
Pure Harvest
Vitasoy International Holdings
Stremicks Heritage Foods
Sanitarium
American Soy Products
Market Segment by Product Type
Soy Milk
Soy Cream
Market Segment by Application
Hypermarkets and Supermarkets
Food Specialists
Convenience Stores
Online Retailers
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Soy Milk and Cream market for the forecast period 2020 - 2025?
• What are the driving forces in the Soy Milk and Cream market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Soy Milk and Cream industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?