Market Overview:
The global soy snacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The soy snacks market is segmented on the basis of type, application and region. On the basis of type, the soy snacks market is segmented into soy nuts, soy crisps and coated soy snacks. Soy nuts are projected to be the fastest growing segment in terms of value during the forecast period from 2018 to 2030. On account of their high nutritional value and increasing demand for healthy snack foods, this segment is expected to witness significant growth in demand over the next decade.
Product Definition:
Snacks are small, bite-sized foods that are typically eaten between meals. Soy snacks are made from soybeans and can be either savory or sweet. They are a good source of protein, fiber, and vitamins and minerals.
Soy Nuts:
Soy nuts are also known as soybean nuts or edamame. Soy is a type of legume that contains amino acids and is considered to be a complete protein source. It contains all the essential amino acids required for human nutrition, making it an ideal food for human consumption.
Soy Crisps:
Soy crisps are made from soybeans and they are basically processed soybean cakes. Soy Crisps contain virtually no cholesterol, saturated fat or sodium. They have a low glycemic index making them slowly metabolized, which makes them ideal for people with diabetes or those trying to lose weight.
The product is available in different forms such as bars, chips & strips and even in bulk packaging which can be used for cooking at home.
Application Insights:
Supermarkets held the largest share of more than 60.0% in 2017. The key factor contributing to the large share of supermarkets is that these stores sell a wider range of products under one roof, which includes both edible and non-edible items such as cosmetics, snacks and medicines. Moreover, supermarkets have their own brand image which contributes to product sales as well as influences customers towards purchase decisions for other related brands or products sold by same chain stores.
The convenience store segment is expected to witness significant growth over the forecast period owing to growing consumer preference for on-the-go food & beverage products with easy access availability at affordable prices along with attractive packaging and premium taste experience.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large population with growing disposable income levels, which makes them more willing to try new food products. This has resulted in an increased demand for soy snacks across this region. Moreover, increasing health concerns among consumers have led manufacturers to introduce healthier options such as coated soy snacks that are free of cholesterol and saturated fat.
North America is anticipated to witness significant growth over the forecast period owing to rising awareness about nutritional diet among millennials along with their willingness to try out different healthy snack foods from around the world.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for healthy snacks: The global soy snacks market is expected to grow at a CAGR of 6.5% during the forecast period due to the increasing demand for healthy and nutritious snacks. Soy snacks are a good source of protein, fiber, and other nutrients, which makes them a healthier alternative to other types of snack foods.
- Rising awareness about the health benefits of soy: There has been an increase in awareness about the health benefits of soy among consumers in recent years. This has led to an increase in demand for soy-based products, including soy snacks.
- Growing popularity of veganism and vegetarianism: The growing popularity of veganism and vegetarianism is another key driver for the growth of the global soy snacks market. Soy is a plant-based protein that is popular among vegans and vegetarians as it provides all nine essential amino acids needed by humans.
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Snacks Market Research Report
By Type
Soy Nuts, Soy Crisps, Coated Soy Snacks, Others
By Application
Supermarket, Convenience Store, Online Stores, Others
By Companies
The Calbee Group, SunOpta, Good Sense, GoodSoy, FilWorx, Proti, Youi Group, BariatricPa, Tesco, Fantastic, The Calbee Group, Tenwowfood
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Soy Snacks Market Report Segments:
The global Soy Snacks market is segmented on the basis of:
Types
Soy Nuts, Soy Crisps, Coated Soy Snacks, Others
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 Store, Online Stores, 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:
- The Calbee Group
- SunOpta
- Good Sense
- GoodSoy
- FilWorx
- Proti
- Youi Group
- BariatricPa
- Tesco
- Fantastic
- The Calbee Group
- Tenwowfood
Highlights of The Soy Snacks 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:
- Soy Nuts
- Soy Crisps
- Coated Soy Snacks
- Others
- By Application:
- Supermarket
- Convenience Store
- Online Stores
- 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 Snacks 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.
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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 snacks are a type of food that is made from soybeans. Soy snacks can be eaten as part of a meal or as an snack.
Some of the key players operating in the soy snacks market are The Calbee Group, SunOpta, Good Sense, GoodSoy, FilWorx, Proti, Youi Group, BariatricPa, Tesco, Fantastic, The Calbee Group, Tenwowfood.
The soy snacks 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 Snacks 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 Snacks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Soy Snacks 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 Snacks 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 Snacks Market Size & Forecast, 2020-2028 4.5.1 Soy Snacks Market Size and Y-o-Y Growth 4.5.2 Soy Snacks Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Soy Nuts
5.2.2 Soy Crisps
5.2.3 Coated Soy Snacks
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Soy Snacks 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 Snacks 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Soy Nuts
9.6.2 Soy Crisps
9.6.3 Coated Soy Snacks
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Stores
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Soy Nuts
10.6.2 Soy Crisps
10.6.3 Coated Soy Snacks
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Stores
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Soy Nuts
11.6.2 Soy Crisps
11.6.3 Coated Soy Snacks
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Stores
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Soy Nuts
12.6.2 Soy Crisps
12.6.3 Coated Soy Snacks
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Stores
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Soy Nuts
13.6.2 Soy Crisps
13.6.3 Coated Soy Snacks
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Stores
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 Snacks Market: Competitive Dashboard
14.2 Global Soy Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Calbee Group
14.3.2 SunOpta
14.3.3 Good Sense
14.3.4 GoodSoy
14.3.5 FilWorx
14.3.6 Proti
14.3.7 Youi Group
14.3.8 BariatricPa
14.3.9 Tesco
14.3.10 Fantastic
14.3.11 The Calbee Group
14.3.12 Tenwowfood