Soy Beverage Market Report: Trends, Forecast and Competitive Analysis to 2030

Soy Beverage Market Report: Trends, Forecast and Competitive Analysis to 2030

Soy Beverage Trends and Forecast

The future of the global soy beverage market looks promising with opportunities in the supermarket/hypermarket, convenience store, specialty store, and online retail markets. The global soy beverage market is expected to grow with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing demand for plant-based products and rising awareness of the health benefits of soy milk.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Soy Beverage by Segment

The study includes a forecast for the global soy beverage by type, application, distribution channel, and region.

Soy Beverage Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Organic
• Conventional

Soy Beverage Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail
• Others

Soy Beverage Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Flavoured
• Unflavoured

Soy Beverage Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Soy Beverage Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies soy beverage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the soy beverage companies profiled in this report include-

• Nestle
• Danone
• Tofusan
• Whitewave Services
• The Hershey
• Hain Celestial

Soy Beverage Market Insights

Lucintel forecasts that organic will remain the largest segment over the forecast period due to growing trend of consuming organic food and beverages.

Within this market, supermarkets/hypermarkets is expected to witness the highest growth due to rising number of strategies, attractive discounts, dedicated distinguished aisle, and wide variety of products.

North America will remain the largest region over the forecast period due to rising trend of healthy drinking in the region.

Features of the Global Soy Beverage Market

Market Size Estimates: Soy beverage market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Soy beverage market size by various segments, such as by type, distribution channel, application, and region in terms of value ($B).

Regional Analysis: Soy beverage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, distribution channels, applications, and regions for the soy beverage market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the soy beverage market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for soy beverage market?

Answer: The global soy beverage market is expected to grow with a CAGR of 6.4% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the soy beverage market?

Answer: The major drivers for this market are growing demand for plant-based products and rising awareness of the health benefits of soy milk.

Q3. What are the major segments for soy beverage market?

Answer: The future of the soy beverage market looks promising with opportunities in the supermarket/hypermarket, convenience store, specialty store, and online retail markets.

Q4. Who are the key soy beverage market companies?

Answer: Some of the key soy beverage companies are as follows:

• Nestle
• Danone
• Tofusan
• Whitewave Services
• The Hershey
• Hain Celestial

Q5. Which soy beverage market segment will be the largest in future?

Answer: Lucintel forecasts that organic will remain the largest segment over the forecast period due to growing trend of consuming organic food and beverages.

Q6. In soy beverage market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising trend of healthy drinking in the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the soy beverage market by type (organic and conventional), distribution channel (supermarkets/hypermarkets, convenience stores, specialty stores, online retail, and others), application (flavoured and unflavoured), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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