U.S. Soy Milk Market, By Products (Flavored and Unflavored) By Application (Desserts, Cheese and Snacks and Beverages) and Geography (NA, EU, APAC, and RoW) ? Analysis, Share, Trends, Size, & Forecast From 2017 ? 2028
2022-08-01
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Summary
REPORT HIGHLIGHT
The U.S. soy milk market was valued at USD 2.36 million by 2017, growing with 7.8% CAGR during the forecast period, 2018-2028+E193
Soyfoods are recognized as a rich source of healthful fat and high-quality protein. Traditional soy product include tofu, produced by pureeing cooked soybeans with grains. Second generation soy foods involve chemical extractions and various processing, and include soy protein isolate and soy flour. These products become primary ingredients in items such as meatless burgers, dietary protein supplements, and infant formula, and are also used as non-nutritive additives to improve the characteristics of processed foods.
Soy milks are calcium fortified drink with rich in protein content. Rising awareness regarding the health benefits of soya milk drives the industry growth significantly. For example, there is an evidences that this product can reduce the risk of breast & prostate cancer and coronary heart disease. Additionally, soy alleviates hot flashes, alleviate depressive symptoms, favourably affect renal function and improve skin health. Such advantages would in turn further stimulate the demand for soy milks, driving the industry growth. In addition, government organizations such as Soyfoods Association of North America (SANA) are actively working towards promoting consumption of soyfood, supporting the industry growth.
Key Vendors Takeaway
Key players operating in this industry includes Pacific Foods of Oregon, Inc., DREAM, Furama, Palsgaard, NOW Foods, The Hain Celestial Group, Inc., Lam Soon Group Alpro, and Provamel. Companies such as Hong Kong based Vitasoy offers a wide range of shelf-stable classic, lite and specialty flavored soymilks.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
Flavored
Unflavored
MARKET, BY APPLICATION
Desserts
Cheese and Snacks
Beverages
Region
Regional
TABLE OF CONTENT
1. U.S. SOY MILK MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.2. Competitive Insights
3. U.S. SOY MILK KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. U.S. SOY MILK INDUSTRY STUDY
4.1. Porter?s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. U.S. SOY MILK MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. U.S. SOY MILK MARKET ? BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2017 & 2028 (%)
6.2. Flavoured
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Million)
6.3. Unflavoured
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Million)
7. U.S. SOY MILK MARKET ? BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2028 (%)
7.2. Desserts
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Million)
7.3. Cheese and Snacks
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Million)
7.4. Beverages
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 ? 2028, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Pacific Foods of Oregon, Inc.
8.1.1. Company Snapshot
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. DREAM
8.2.1. Company Snapshot
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Furama
8.3.1. Company Snapshot
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Palsgaard
8.4.1. Company Snapshot
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. NOW Foods
8.5.1. Company Snapshot
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. The Hain Celestial Group, Inc.
8.6.1. Company Snapshot
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Lam Soon Group
8.7.1. Company Snapshot
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Alpro
8.8.1. Company Snapshot
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Provamel
8.9.1. Company Snapshot
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. References
10.3. Abbreviations
10.4. Disclaimer
10.5. Contact Us
List of Figures
FIGURE U.S. Soy Milk market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter?s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2017 & 2028
FIGURE Product segment market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Flavoured market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Unflavoured market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2028
FIGURE Application segment market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Desserts market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Cheese & snacks market size forecast and trend analysis, 2014 to 2028 (USD Million)
FIGURE Beverages market size forecast and trend analysis, 2014 to 2028 (USD Million)
