Leading Soy Milk Country Markets Databank
The Soy Milk market was valued at $7,350.0 Million in 2020, and is projected to reach $19,634.4 Million by 2029 growing at a CAGR of 11.58% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $2,690.1 Million in 2020, and is anticipated to reach $8,113.7 Million by 2029, registering a CAGR of 13.09%. Asia-Pacific and Europe collectively expected to account for about 66.9% share of the Soy Milk market in 2020, with the former constituting around 36.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 13.09% and 11.20% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.0% in the overall Soy Milk market in 2020, and is anticipated to reach 67.9% by 2029.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook