Market Overview:
The global soy drink market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of soy drinks, increasing demand for organic soy drinks, and growing trend of veganism and vegetarianism. In terms of type, the organic soy drink segment is expected to grow at a higher CAGR than the conventional soy drink segment during the forecast period. This can be attributed to increasing consumer preference for organic products due to their perceived health benefits over conventional products. In terms of application, supermarkets are expected to hold a major share in the global soy drink market during the forecast period owing to rising demand for healthy food options among consumers.
Product Definition:
A soy drink is a beverage that is made from soybeans. It can be used as a milk substitute and it has many health benefits.
Organic Soy Drinks:
Organic soy drinks are beverages made from soybeans. Soy is a type of legume and also has other uses in the food industry apart from being a key ingredient in organic drinks. Organic soy milk, however, is still relatively new on the market as far as consumer acceptance and awareness goes.
Conventional Soy Drinks:
Soy is a type of legume that is grown in many parts of the world. Soybean (Glycine Max) and its product, soy milk are the most common conventional soy products available in the market. Conventional soy products have been around for quite some time and it has established itself as one of the major food & beverage items across all regions globally.
Application Insights:
The others application segment accounted for the largest share of the global soy drink market in 2017, as consumers are increasingly adopting a healthy lifestyle. Moreover, increasing health awareness is driving them to include these drinks in their meal plans. The convenience stores application segment is expected to witness significant growth over the forecast period owing to its prominent position among all other retail outlets and supermarkets.
The growing popularity of ¢â‚¬Ëœon-the-go¢â‚¬â„¢ products including ready-to-drink beverages has been contributing significantly towards product demand among convenience stores and supermarkets across various regions worldwide. Furthermore, rising consumer preference for low calorie beverages will drive this industry with high growth prospects during the forecast period. However, supermarket is expected to be fastest growing market at an estimated CAGR of XX% from 2018 to 2030 due largely on increased product penetration by major players such as PepsiCo., Inc.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The region accounted for a share of more than 35.0% in 2017 owing to growing population, rising disposable income levels and changing lifestyles in developing economies including China, India and Thailand among others. In addition, increasing health concerns coupled with rising awareness regarding soy-based beverages are anticipated to fuel demand for soya drinks over the forecast period.
North America is projected to witness significant growth during the same period owing to shifting consumer preferences towards plant-derived foods such as juices and smoothies among other plant-based beverages that contain essential nutrients but lack cholesterol found in animal source foods such as milk.
Growth Factors:
- Increasing awareness about the health benefits of soy drink among consumers.
- Rising demand for healthy and nutritious beverages among health-conscious consumers.
- Growing popularity of soy milk as a vegan and lactose-free beverage option.
- Increasing number of launches of new flavors and variants by Soy Drink manufacturers to cater to different consumer preferences.
- Growing demand for organic Soy Drinks from eco-conscious consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Drink Market Research Report
By Type
Organic Soy Drinks, Conventional Soy Drinks
By Application
Supermarket, Convenience Stores, Online Retailing, Others
By Companies
Nestle, PepsiCo, Tyson Food, The Coca-Cola Company, Kraft Heinz, Mondelez International, Danone, JBS, Yili, Mengniu, Nestle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Soy Drink Market Report Segments:
The global Soy Drink market is segmented on the basis of:
Types
Organic Soy Drinks, Conventional Soy Drinks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Stores, Online Retailing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestle
- PepsiCo
- Tyson Food
- The Coca-Cola Company
- Kraft Heinz
- Mondelez International
- Danone
- JBS
- Yili
- Mengniu
- Nestle
Highlights of The Soy Drink Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Soy Drinks
- Conventional Soy Drinks
- By Application:
- Supermarket
- Convenience Stores
- Online Retailing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Soy Drink Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Soy drink is a beverage made from soybeans. Soy milk, soy yogurt, and other soy-based products are all types of soy drink.
Some of the major companies in the soy drink market are Nestle, PepsiCo, Tyson Food, The Coca-Cola Company, Kraft Heinz, Mondelez International, Danone, JBS, Yili, Mengniu, Nestle.
The soy drink market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Soy Drink Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Soy Drink Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Soy Drink Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Soy Drink Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Soy Drink Market Size & Forecast, 2018-2028
4.5.1 Soy Drink Market Size and Y-o-Y Growth
4.5.2 Soy Drink Market Absolute $ Opportunity
Chapter 5 Global Soy Drink Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Soy Drink Market Size Forecast by Type
5.2.1 Organic Soy Drinks
5.2.2 Conventional Soy Drinks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Soy Drink Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Soy Drink Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Stores
6.2.3 Online Retailing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Soy Drink Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Soy Drink Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Soy Drink Analysis and Forecast
9.1 Introduction
9.2 North America Soy Drink Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Soy Drink Market Size Forecast by Type
9.6.1 Organic Soy Drinks
9.6.2 Conventional Soy Drinks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Soy Drink Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Stores
9.10.3 Online Retailing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Soy Drink Analysis and Forecast
10.1 Introduction
10.2 Europe Soy Drink Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Soy Drink Market Size Forecast by Type
10.6.1 Organic Soy Drinks
10.6.2 Conventional Soy Drinks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Soy Drink Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Stores
10.10.3 Online Retailing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Soy Drink Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Soy Drink Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Soy Drink Market Size Forecast by Type
11.6.1 Organic Soy Drinks
11.6.2 Conventional Soy Drinks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Soy Drink Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Stores
11.10.3 Online Retailing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Soy Drink Analysis and Forecast
12.1 Introduction
12.2 Latin America Soy Drink Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Soy Drink Market Size Forecast by Type
12.6.1 Organic Soy Drinks
12.6.2 Conventional Soy Drinks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Soy Drink Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Stores
12.10.3 Online Retailing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Soy Drink Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Soy Drink Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Soy Drink Market Size Forecast by Type
13.6.1 Organic Soy Drinks
13.6.2 Conventional Soy Drinks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Soy Drink Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Stores
13.10.3 Online Retailing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Soy Drink Market: Competitive Dashboard
14.2 Global Soy Drink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 PepsiCo
14.3.3 Tyson Food
14.3.4 The Coca-Cola Company
14.3.5 Kraft Heinz
14.3.6 Mondelez International
14.3.7 Danone
14.3.8 JBS
14.3.9 Yili
14.3.10 Mengniu
14.3.11 Nestle
