Market Overview:
The global soy desserts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The soy desserts market is segmented on the basis of type, application, and region. On the basis of type, the soy desserts market is segmented into soy milks, soy creams, soy pies and soy cakes, and other types. Soy milk held a major share in the global Soy Desserts Market in 2017 owing to its high nutritional value and health benefits such as reducing cholesterol levels and improving heart health. On the basis of application, hypermarkets and supermarkets accounted for a major share in 2017 due to rising demand for healthy food products among consumers across regions.
Product Definition:
A soy dessert is a type of sweetened food that contains soybeans or a soy-based product. Soy desserts are popular in East Asia, where they are often made with tofu or bean curd.
Soy Milks:
Soy milk is a beverage made from soybeans, one of the so-called "vegetable" dairy products. It has been gaining popularity among consumers as an alternative to dairy and other plant-based milks such as almond milk. Soymilk is available in various flavors and forms including original, vanilla, chocolate, strawberry banana etc., which makes it suitable for a wide range of applications in the food industry.
Soy Creams:
Soy creams is a thick liquid made from soy milk. It has a consistency similar to heavy cream and is used as an alternative for dairy products such as cheese, ice cream, etc. Soy creams can be consumed on its own or mixed with other ingredients to make various types of desserts and dishes.
It has been gaining popularity in the food industry owing to its health benefits such as it contains high levels of tryptophan which helps in relaxing the body muscles.
Application Insights:
The food and drink specialists segment held the largest market share of more than 40.0% in 2017. The application of soy desserts is increasing in restaurants, cafes, hotels and other food and drink specialty stores due to its healthy properties along with its ability to reduce cholesterol levels. Moreover, rising demand for vegan diet products has increased the use of soy creamers, which are flavored using coffee extract or vanilla flavor as a substitute for dairy creamers.
Soy milk is widely used as a substitute for cow's milk owing to its high protein content that helps strengthen muscles and improve bone health when consumed regularly along with resistance training. Furthermore, growing awareness about the benefits associated with plant-based proteins such as lower cholesterol levels has boosted product consumption globally over the past few years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of more than 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to growing health consciousness, increasing disposable income levels, and rising adoption of veganism as a dietary lifestyle in countries such as China and India. Moreover, new product launches by key manufacturers are anticipated to further boost demand for soya desserts across Asia Pacific during the forecast period. For instance, in September 2018,Follow Your Heart Corporation launched soymilk-based dessert products under its brand name ‘Follow Your Heart’ at an event organized as part of Singapore Food Festival 2018. These product launches are anticipated to increase awareness regarding soy-based desserts among consumers thereby boosting market growth over the next eight years.
North America is expected to witness significant growth due with increased consumption of dairy alternatives among lactose intolerant people especially those from U.S.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising disposable income of consumers in developing countries.
- Growing awareness about the health benefits of soy desserts among consumers.
- Proliferation of retail outlets that sell soy desserts products across the globe.
- increasing trend of veganism and lactose intolerance among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Desserts Market Research Report
By Type
Soy Milks, Soy Creams, Soy Pies and Soy Cakes, Other
By Application
Hypermarkets and Supermarkets, Food and Drink Specialists, Convenience Stores, Online Retailers
By Companies
The Hershey Company, Whitewave Services, Danone Groupe, Dean Foods, Hain Celestial, So Delicious, Turtle Mountain, AFC Soy Foods, Alpro, DF Mavens, Earth's Own Food Company
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Soy Desserts Market Report Segments:
The global Soy Desserts market is segmented on the basis of:
Types
Soy Milks, Soy Creams, Soy Pies and Soy Cakes, Other
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
Hypermarkets and Supermarkets, Food and Drink Specialists, Convenience Stores, Online Retailers
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 Hershey Company
- Whitewave Services
- Danone Groupe
- Dean Foods
- Hain Celestial
- So Delicious
- Turtle Mountain
- AFC Soy Foods
- Alpro
- DF Mavens
- Earth's Own Food Company
Highlights of The Soy Desserts 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 Milks
- Soy Creams
- Soy Pies and Soy Cakes
- Other
- By Application:
- Hypermarkets and Supermarkets
- Food and Drink Specialists
- Convenience Stores
- Online Retailers
- 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 Desserts 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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 desserts are typically made with soy milk, soy yogurt, or tofu as the main ingredient. They can be sweet or savory and can include items like ice cream, cake, cookies, and pies. Soy desserts are a popular choice for those who want to enjoy a healthy dessert option without sacrificing taste.
Some of the major players in the soy desserts market are The Hershey Company, Whitewave Services, Danone Groupe, Dean Foods, Hain Celestial, So Delicious, Turtle Mountain, AFC Soy Foods, Alpro, DF Mavens, Earth's Own Food Company.
The soy desserts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soy Desserts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Soy Desserts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soy Desserts Market - Supply Chain
4.5. Global Soy Desserts Market Forecast
4.5.1. Soy Desserts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soy Desserts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soy Desserts Market Absolute $ Opportunity
5. Global Soy Desserts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Soy Desserts Market Size and Volume Forecast by Type
5.3.1. Soy Milks
5.3.2. Soy Creams
5.3.3. Soy Pies and Soy Cakes
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soy Desserts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Soy Desserts Market Size and Volume Forecast by Application
6.3.1. Hypermarkets and Supermarkets
6.3.2. Food and Drink Specialists
6.3.3. Convenience Stores
6.3.4. Online Retailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soy Desserts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Soy Desserts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Soy Desserts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Soy Desserts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Soy Desserts Demand Share Forecast, 2019-2026
9. North America Soy Desserts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Soy Desserts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Soy Desserts Market Size and Volume Forecast by Application
9.4.1. Hypermarkets and Supermarkets
9.4.2. Food and Drink Specialists
9.4.3. Convenience Stores
9.4.4. Online Retailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soy Desserts Market Size and Volume Forecast by Type
9.7.1. Soy Milks
9.7.2. Soy Creams
9.7.3. Soy Pies and Soy Cakes
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Soy Desserts Demand Share Forecast, 2019-2026
10. Latin America Soy Desserts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Soy Desserts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Soy Desserts Market Size and Volume Forecast by Application
10.4.1. Hypermarkets and Supermarkets
10.4.2. Food and Drink Specialists
10.4.3. Convenience Stores
10.4.4. Online Retailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soy Desserts Market Size and Volume Forecast by Type
10.7.1. Soy Milks
10.7.2. Soy Creams
10.7.3. Soy Pies and Soy Cakes
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Soy Desserts Demand Share Forecast, 2019-2026
11. Europe Soy Desserts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Soy Desserts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Soy Desserts Market Size and Volume Forecast by Application
11.4.1. Hypermarkets and Supermarkets
11.4.2. Food and Drink Specialists
11.4.3. Convenience Stores
11.4.4. Online Retailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soy Desserts Market Size and Volume Forecast by Type
11.7.1. Soy Milks
11.7.2. Soy Creams
11.7.3. Soy Pies and Soy Cakes
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Soy Desserts Demand Share, 2019-2026
12. Asia Pacific Soy Desserts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Soy Desserts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Soy Desserts Market Size and Volume Forecast by Application
12.4.1. Hypermarkets and Supermarkets
12.4.2. Food and Drink Specialists
12.4.3. Convenience Stores
12.4.4. Online Retailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soy Desserts Market Size and Volume Forecast by Type
12.7.1. Soy Milks
12.7.2. Soy Creams
12.7.3. Soy Pies and Soy Cakes
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Soy Desserts Demand Share, 2019-2026
13. Middle East & Africa Soy Desserts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Soy Desserts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Soy Desserts Market Size and Volume Forecast by Application
13.4.1. Hypermarkets and Supermarkets
13.4.2. Food and Drink Specialists
13.4.3. Convenience Stores
13.4.4. Online Retailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soy Desserts Market Size and Volume Forecast by Type
13.7.1. Soy Milks
13.7.2. Soy Creams
13.7.3. Soy Pies and Soy Cakes
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Soy Desserts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soy Desserts Market: Market Share Analysis
14.2. Soy Desserts Distributors and Customers
14.3. Soy Desserts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Hershey Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Whitewave Services
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danone Groupe
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dean Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hain Celestial
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. So Delicious
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Turtle Mountain
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AFC Soy Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alpro
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DF Mavens
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Earth's Own Food Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
