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

  • Soy Protein Ingredients

    ... at a CAGR of 4.5% over the analysis period 2024-2030. Soy Protein Isolates, one of the segments analyzed in the report, is expected to record a 5.2% CAGR and reach US$5.3 Billion by the end ... Read More

  • Soy Milk

    ... CAGR of 6.6% over the analysis period 2024-2030. Flavored Soy Milk, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$9.4 Billion by the end of the ... Read More

  • Soy Foods

    ... CAGR of 5.0% over the analysis period 2024-2030. Soy Milk, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$34.3 Billion by the end of the analysis ... Read More

  • Tempeh

    ... 4.9% over the analysis period 2024-2030. Frozen Tempeh, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$4.6 Billion by the end of the analysis period. Growth ... Read More

  • Plant-based Beverages

    ... CAGR of 10.9% over the analysis period 2024-2030. Almond-based Beverages, one of the segments analyzed in the report, is expected to record a 12.1% CAGR and reach US$19.2 Billion by the end of the analysis ... Read More

  • Isoflavones

    ... 4.9% over the analysis period 2024-2030. Soybeans, one of the segments analyzed in the report, is expected to record a 5.1% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in ... Read More

  • Soy Chemicals

    ... CAGR of 5.2% over the analysis period 2024-2030. Soy-Oil, one of the segments analyzed in the report, is expected to record a 6.0% CAGR and reach US$13.3 Billion by the end of the analysis period. ... Read More

  • Functional Foods and Drinks

    ... 2030, growing at a CAGR of 7.4% over the analysis period 2024-2030. Functional Beverages, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$180.3 Billion by the ... Read More

  • Meat Substitutes

    ... CAGR of 5.8% over the analysis period 2024-2030. Tofu, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$1.1 Billion by the end of the analysis period. ... Read More

  • Organic Soy Proteins

    ... at a CAGR of 15.3% over the analysis period 2024-2030. Organic Soy Protein Concentrates, one of the segments analyzed in the report, is expected to record a 14.9% CAGR and reach US$1.1 Billion by the ... Read More

  • Hydrolyzed Vegetable Proteins

    ... at a CAGR of 5.8% over the analysis period 2024-2030. Soy Source, one of the segments analyzed in the report, is expected to record a 6.1% CAGR and reach US$2.5 Billion by the end of ... Read More

  • Soy Wax

    ... CAGR of 9.4% over the analysis period 2024-2030. Biodiesel Application, one of the segments analyzed in the report, is expected to record a 10.6% CAGR and reach US$4.7 Billion by the end of the analysis ... Read More

  • Textured Soy Proteins

    ... at a CAGR of 6.5% over the analysis period 2024-2030. Conventional Textured Soy Proteins, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$914.4 Million by the ... Read More

  • Soybean Derivatives

    ... CAGR of 4.7% over the analysis period 2024-2030. Soybean, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$170.3 Billion by the end of the analysis period. ... Read More

  • Processed Meat, Seafood and Alternatives To Meat in Thailand

    ... value growth, with varying performances across categories. Chilled and frozen processed meat and seafood are set to drive growth, with chilled processed meat standing out due to its convenience, extended shelf life, and wide variety ... Read More

  • Soy and Almond Milk Production in Australia - Industry Market Research Report

    ... 2022-23, to $464.6 million. This includes growth of 3.2% in 2022-23. Increasing health consciousness has boosted the popularity of non-dairy beverages, like soy and almond milk. Soy milk accounts for most of the industry's revenue, ... Read More

  • Binders and Scaffolders for Meat And Meat Substitutes Global Market Report 2025

    ... By Application: Meat Products; Meat Substitutes; Cultured MeatCovering: Aleph Farms Ltd.; Archer Daniels Midland Company; Avebe Inc.; Danone SA; DuPont Inc. Binders and Scaffolders for Meat And Meat Substitutes Global Market Report 2025 from The ... Read More

  • Plant-Based Meat Market Report by Product Type (Burger Patties, Sausages, Nuggets and Strips, Ground Meat, Meatballs, and Others), Source (Soy, Wheat, Peas, and Others), Meat Type (Chicken, Beef, Pork, and Others), Distribution Channel (Restaurants and Catering Industry, Supermarkets and Hypermarkets, Convenience and Specialty Stores, Online Retail), and Region 2025-2033

    ... Catering Industry, Supermarkets and Hypermarkets, Convenience and Specialty Stores, Online Retail), and Region 2025-2033 The global plant-based meat market size reached USD 16.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach ... Read More

  • Processed Meat, Seafood and Alternatives To Meat in Indonesia

    ... such as rising energy and animal feed costs. The country's reliance on imports for raw ingredients like soybean meal has exacerbated this trend, with the continued weakening of the Indonesian Rupiah (IDR) further fuelling these ... Read More

  • Processed Meat, Seafood and Alternatives To Meat in Israel

    ... product categories, price rises are playing a key role in driving value growth. Following the outbreak of the Israel-Hamas War, Wyler Farm increased the prices of its tofu by an average of 4.5%. In 2023, ... Read More

  • Processed Meat, Seafood and Alternatives To Meat in Brazil

    ... economic growth, driven by a strong labour market and fiscal transfers, but inflationary pressures and rising interest rates have posed significant challenges. In this context, many Brazilian consumers have adopted a more cautious approach to ... Read More

  • Soy Desserts Market Report by Product (Cakes and Pastries, Ice Cream, Pudding, and Others), Distribution Channel (Hypermarket, Convenience Stores, Online Retailers), and Region 2025-2033

    ... 2024. Looking forward, IMARC Group expects the market to reach USD 128.4 Billion by 2033, exhibiting a growth rate (CAGR) of 5.6% during 2025-2033. The increasing health consciousness, easy availability via online food delivery applications, ... Read More

  • Plant-Based Dairy in India

    ... daily basis in Indian households. While India has a large dairy industry with high penetration of dairy products, there is growing evidence of rising lactose intolerance in the country, which is driving demand for plant-based ... Read More

  • Processed Meat, Seafood and Alternatives To Meat in Germany

    ... trade routes, animal feed availability, and transportation costs, all of which have pushed up the price of agricultural commodities. These factors have contributed to a noticeable increase in the retail price of processed meat, impacting ... Read More

  • Vegan Protein Blend Market Size, Share, and Outlook, 2025 Report- By Source (Hemp Protein, Pea Protein, Brown Rice Protein, Soy Protein, Algae-based, Protein Blends), By Flavor (Chocolate & Coffee, Vanilla, Strawberry, Banana, Unflavored), By End-User (Dietary Supplements, Sports Nutrition), By Distribution Channel (Online, Offline), 2018-2032

    ... (Dietary Supplements, Sports Nutrition), By Distribution Channel (Online, Offline), 2018-2032 Vegan Protein Blend Market Outlook The global XX market is expected to register a growth rate of 9.7% during the forecast period from $311.2 Million ... Read More

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