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Global Soy Food Market 2017-2021

Global Soy Food Market 2017-2021

About Soy Food

Soy products are made of soybean. They are a substitute for dairy-based milk and milk products such as cheese, flavored milk, yogurt, and spreads. Soy products act as a substitute for meat products and are best suited for vegan consumers. Soy processing needs the correct amount of moisture, temperature, and time, and correct processing helps in providing a pure soybean end-product. De-hulling soybeans renders a better-quality soy than non-dehulled soy.

Technavio’s analysts forecast the global soy food market to grow at a CAGR of 6.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global soy food market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of soy foods in different product forms, which include whole soy foods, soy oil, and other soy foods.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Soy Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Archer Daniels Midland
  • Cargill
  • Hain Celestial
  • WHITEWAVE FOODS
Other prominent vendors
  • Blue Diamond Growers
  • Dean Foods
  • DuPont
  • Eden Foods
  • Freedom Food Group
  • Northern Soy
  • Pacific Foods
  • SunOpta
Market driver
  • Rising levels of lactose intolerance and dairy allergies
  • For a full, detailed list, view our report
Market challenge
  • Increasing competition from other dairy-alternative products
  • For a full, detailed list, view our report
Market trend
  • Growing demand for organic variants of soy products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Soy Food Market 2017-2021

Technavio recognizes the following companies as the key players in the global soy food market: Archer Daniels Midland, Cargill, Hain Celestial, and WHITEWAVE FOODS.

Other Prominent Vendors in the market are: Blue Diamond Growers, Dean Foods, DuPont, Eden Foods, Freedom Food Group, Northern Soy, Pacific Foods, and SunOpta.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for organic variants of soy products. Organic products are mostly priced more as compared to regular products. The premium pricing is done due to the high production and distribution costs. Moreover, consumers are also willing to pay extra for organic products.”

According to the report, one driver in the market is rising levels of lactose intolerance and dairy allergies. Lactose intolerance is caused due to the inability of the body to digest lactose, which is found in milk. Ethnic groups such as the Asian population base are more prone to lactose intolerance compared to others. The demand for lactose-free food products is driven by aspects like increased incidences of food allergies and intolerances.

Further, the report states that one challenge in the market is increasing competition from other dairy-alternative products. There is an increase in the demand for dairy alternatives like almond, cashew, and coconut products, with an increase in dairy allergies. Though soy milk is available in various flavors, the grassy taste that it has is not liked by many consumers. Almond milk, on the other hand, is tastier and is available in assorted flavors, and many consumers tend to buy almond milk over soy milk for its better taste.



Companies Mentioned

Archer Daniels Midland, Cargill, Hain Celestial, WHITEWAVE FOODS, Blue Diamond Growers, Dean Foods, DuPont, Eden Foods, Freedom Food Group, Northern Soy, Pacific Foods, and SunOpta.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Soy food product manufacturing: Value chain
  • Market landscape
    • Market overview
      • Table Global soy food market
    • Global soy food market by product
      • Table Global soy food market by product
    • Global soy food market by distribution
    • Global soy food market
      • Table Global soy food market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global soy food market by product 2016-2021 (% share of revenue)
      • Table Global soy food market by product 2016-2021: Growth outlook
    • Global whole soy foods market
      • Table Global whole soy foods market 2016-2021 ($ billions)
    • Global soy oil market
      • Table Global soy oil market 2016-2021 ($ billions)
    • Global other soy foods market
      • Table Global other soy foods market 2016-2021 ($ billions)
  • Geographical segmentation
    • Global soy food market by geography
      • Table Global soy food market by geography 2016-2021 (% share of revenue)
      • Table Global soy food market by geography 2016-2021: Growth outlook
    • Soy food market in APAC
      • Table Soy food market in APAC 2016-2021 ($ billions)
    • Soy food market in the Americas
      • Table Soy food market in the Americas 2016-2021 ($ billions)
    • Soy food market in EMEA
      • Table Soy food market in EMEA 2016-2021 ($ billions)
  • Market segmentation by distribution channel
    • Global soy food market by distribution
      • Table Global soy food by distribution 2016 (% share of revenue)
      • Table Number of convenience stores in top countries 2014 and 2015
      • Table Global internet penetration rate 2015
  • Key leading countries
    • US
    • China
      • Table Soybean oil production in China 2012-2016 (kilometric tons)
    • Brazil
    • Japan
    • UK
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global lactose intolerant population 2015 (%)
      • Table Factors impacting consumers' decisions to follow or consider a vegan or vegetarian diet
      • Table Global urban population 2010-2015 (billions)
      • Table Growth of urban settlements 2005-2015 ($ billions)
    • Market challenges
  • Market trends
    • Growing demand for organic variants of soy products
    • Growing focus on sustainability
    • Continuous R&D and product development
    • Rising demand for plant-based foods
  • Vendor landscape
    • Competitive scenario
    • Competitive positioning assessment
      • Table Competitive positioning matrix for soy food manufacturers 2016
    • Market position based on product portfolio and brand presence for key market players
      • Table Market positioning based on product portfolio and brand presence for key market players 2016
    • Archer Daniels Midland
      • Table Archer Daniels Midland: Product portfolio
    • Cargill
      • Table Cargill: Product portfolio
    • Hain Celestial
      • Table Hain Celestial: Product portfolio
    • WHITEWAVE FOODS
      • Table WHITEWAVE FOODS: Product portfolio
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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