Soy Market Research Reports & Industry Analysis

Soy is a predominant ingredient in the food industry. The soy market includes meat alternatives, dairy alternatives, grains, snacks, cereals, meal replacements, protein powders and formulas. Some examples of meat alternatives made of soy include: tofu, tempeh, vegetarian burgers and frankfurters, meatless luncheon slices, canned meat analogs (plant based versions of common meat products), ground soy burger, and soy bacon. Examples of dairy alternatives include: soy milk, soy creamers, soy yogurts, tofu­-based butter alternatives, soy whipped toppings, soy cheese, and non­-dairy desserts. Soy is sold in bulk fresh, frozen, and dried soybeans. Soy is used for textured vegetable protein in meal replacements and protein powders. Other soy foods including soy sauce, tamari, soy nut butter, and miso. Soy­-based formulas for infants are also popular. Soybean­-based oil is considered a commodity product and typically is not purchased for soy benefits. Margarines predominantly are soy­oil based; however, this category too is not necessarily purchased by consumers wishing to add soy to their diet. Historically, products made with soy date back many thousands of years. Soybeans are one of the world’s oldest crops, with a long, rich history in eastern world cuisine. Archeological evidence shows that soybeans were first cultivated in Eastern Asia more than 5,000 years ago. The earliest written record of soybean use dates back to the Book of Odes, penned in 1100 B.C. in China. The early Chinese called soybeans ta tou, which means 'greater bean.' It appears that tofu was developed by Buddhist monks in China during the Han Dynasty somewhere between 25 and 220 A.D. In the early 1700s, soybeans arrived and were first cultivated in Europe. They soon found their way to the United States but were not actually grown there at all until the 1800s. Benjamin Franklin was one of the country’s first vegetarians and, reportedly, the person who introduced tofu into the United States in the late 1700s.
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Soy Industry Research & Market Reports

  • Romania Dairy Products and Alternatives

    ... a large number of Romanians. Although inflation is on a downward trend, utility costs remain high and household budgets are restricted, leading to a slight decline in volume sales of dairy products and alternatives. Average ... Read More

  • Portugal Dairy Products and Alternatives

    ... in the cost of living, despite the government having lowered VAT to 0% on 46 essential items in the shopping basket. These products include cow's milk, yogurt, plant-based milk and yogurt, cheese, and butter. This ... Read More

  • Croatia Dairy Products and Alternatives

    ... Alternatives in Croatia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, ... Read More

  • Ghana Dairy Products and Alternatives

    ... strong, if slower, retail current value growth, compared with 2022 and 2023. Euromonitor International's Dairy Products and Alternatives in Ghana report offers in-depth knowledge of the market at a national level, providing local insight and ... Read More

  • Egypt Plant-Based Dairy

    ... and milk, and the lack of foreign currency, in addition to high packaging and operating costs, has pushed up the price of plant-based dairy products. The combination of inflated prices and lower purchasing power led ... Read More

  • Croatia Plant-Based Dairy

    ... health and environmental issues is leading to increasing demand for plant-based offerings. Restaurants are expanding their offerings to include more vegetarian, vegan and flexitarian dishes, incorporating ingredients like legumes, nuts, vegetables, and whole grains. An ... Read More

  • Costa Rica Plant-Based Dairy

    ... health and environmental issues is leading to increasing demand for plant-based offerings. Consumers now have access to a broader range of plant-based options, including not only traditional alternatives like almond and oat milk but also ... Read More

  • Greece Plant-Based Dairy

    ... volume terms in 2024. Consumers often associate plant-based products with healthier dietary choices, and this perception has fuelled the category's expansion. In addition, the market has seen an influx of new brands and an expansion ... Read More

  • Estonia Plant-Based Dairy

    ... increased consumption of plant-based milk, which has seen expansion in recent years, with manufacturers and retailers now offering a wide range of variants beyond just soy milk. These include oat and nut milks. Euromonitor International's ... Read More

  • Costa Rica Dairy Products and Alternatives

    ... is also expected to support value and volume growth, particularly for more premium offerings. Euromonitor International's Dairy Products and Alternatives in Costa Rica report offers in-depth knowledge of the market at a national level, providing ... Read More

  • Global De-oiled Lecithin Market 2024-2028

    ... report on the de-oiled lecithin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding ... Read More

  • Portugal Plant-Based Dairy

    ... diet for health or ethical reasons. Other plant-based milk is contributing the most to the growth of the category in volume terms as interest in soy drinks falls. The range of other plant-based milk is ... Read More

  • China Soy Sauce Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

    ... 2025-2034. This report on China soy sauce market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the China soy ... Read More

  • Romania Plant-Based Dairy

    ... the Orthodox Christian religion forbids consumption of several foods of animal origin including dairy. The pandemic years helped to transform plant-based dairy with consumption also driven by healthier lifestyles. Consumers of plant-based dairy are not ... Read More

  • Ecuador Plant-Based Dairy

    ... dairy with the launch of two almond-based drinks in vanilla and plain flavours represents a milestone for the category. These drinks are fortified with essential nutrients such as calcium, vitamin A, and vitamin D, aligning ... Read More

  • Dominican Republic Dairy Products and Alternatives

    ... value terms is primarily supported by the easing of inflationary pressures and the revitalisation of the tourism sector. Despite challenges related to rising raw material costs and import issues exacerbated by the Panama Canal draught, ... Read More

  • Egypt Dairy Products and Alternatives

    ... years effectively ramping up the financial challenges for consumers and forcing many choosing to make cutbacks. The soaring price of dairy products and alternatives has only dented consumer demand. Prices have risen due to several ... Read More

  • Estonia Dairy Products and Alternatives

    ... of inflation caused a steep increase in average unit prices. Nevertheless, many dairy products are considered staples in Estonia, which tends to lead to stable volume performance. Euromonitor International's Dairy Products and Alternatives in Estonia ... Read More

  • Dominican Republic Plant-Based Dairy

    ... generation and consumers with dairy intolerances, who are increasingly turning to plant-based alternatives. The ongoing development and introduction of new products reflect the category's dynamic evolution. With a growing consumer base that values both health ... Read More

  • Ecuador Dairy Products and Alternatives

    ... ongoing political turmoil, meteorological disruptions with some regions suffering from severe droughts while others battle devastating floods, and an unprecedented surge in insecurity that has unsettled both urban and rural areas. Compounding these issues is ... Read More

  • Saudi Arabia Dairy Products and Alternatives

    ... easing inflation and an increase in the rate of employment, which together will have a positive impact on household spending. Increased employment is a cornerstone of the government’s Vision 2030 programme, the aim of which ... Read More

  • Germany HW Dairy Products and Alternatives

    ... to consume greater protein content, which is considered important for building and repairing muscle tissue, maintaining healthy bones, and repairing the metabolism. This is in addition to other attributes of dairy as a source of ... Read More

  • Vietnam Dairy Products and Alternatives

    ... conditions prevailing in the country. Waning consumer purchasing power has led to increased price sensitivity, with many people focusing their spending on essential items and trading down to less expensive options, as well as proving ... Read More

  • Mexico Plant-Based Dairy

    ... now been surpassed by other plant-based milk, and continues to record a weak performance. While plant-based dairy continues to record high value growth, with further development likely over the forecast period, the category has lost ... Read More

  • The US Dairy Products and Alternatives

    ... while retail volumes are expected to decline or stagnate in most categories. Milk is set to see one of the starkest declines in retail volume terms out of all dairy categories, a trend that has ... Read More

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