0

Global Soy Milk and Cream Market 2016-2020

  • Published: Oct 2016
  • Pages: 57
  • SKU: IRTNTR10088
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This market research report identifies players like Eden Foods, Organic Valley, Pure Harvest, and WhiteWave Foods to be the key vendors in the global soy milk and cream market. This research report also presents a detailed segmentation of the market by product (soy milk and soy cream), distribution channels (hypermarkets and supermarkets, food specialists, convenience stores, and online retailers), and geography (the Americas, APAC, Europe, and MEA).

Overview of the global soy milk and cream market

As per Technavio’s market research analysis, the global soy milk and cream market is predicted to grow at a CAGR of around 15% during the forecast period. Soy has various health benefits associated with it and the growing awareness about its well-being among consumers is helping the market for several soy products grow. Soy contains all nine essential amino acids in the ideal ratio for human health and wellness. Soy protein isolates have less cholesterol than animal proteins.  Soy also contains phytosterols, which help prevent cholesterol absorption and helps in reducing the risk of heart failure. It also helps increase bone density and is a good source of vitamins such as B6 and B12. Soy is also the main source of minerals such as zinc and iron and contains isoflavones that reduce the risk of breast cancer in women. Moreover, soy products such as soy milk and cream act as a perfect substitute for a high-fat diet and dairy milk. The growing health consciousness among people about soy will increase the sales of soy milk and cream during the forecast period.

APAC is the largest revenue-generating region in the soy milk and cream market and is anticipated to occupy around 44% of the overall market revenue during the forecast period. Much of the region’s growth is driven by the rising number of health-conscious individuals, growing vegan population, and increasing disposable income among consumers. The market is also witnessing a huge demand for lactose-free products such as non-dairy milk and cream from developing countries such as China, India, and Indonesia. The high demand for lactose-free products along with the number of people with lactose indolence is the major cause for the significant need for soy milk and cream in APAC.

Competitive landscape and key vendors

The market is highly fragmented because of the presence of numerous small and large vendors that compete on the basis of factors such as price, quality, innovation, reputation, and distribution. Intense competition prevails in this market owing to rapidly changing consumer demands and preferences. As the market is dominated by existing players, the entry of new players in the market will be low during the predicted period.

Leading vendors in the market are -

  • Eden Foods
  • Organic Valley
  • Pure Harvest
  • WhiteWave Foods

Other prominent vendors in the soy milk and cream market include American Soy Products, Dean Foods, Hain Celestial, Pacific Natural Foods, Panos Brands, Sanitarium, Stremicks Heritage Foods, SunOpta, and Vitasoy International Holdings.

Segmentation by product and analysis of the soy milk and cream market

  • Soy milk
  • Soy cream

Soy milk is the largest product segment in the soy milk and cream market and will continue its dominance by occupying around 85% of the total market share during the forecast period.  The primary reason for this segment’s growth is the several health benefits associated with soy milk. Soy milk contains only vegetable proteins and helps in reducing cholesterol. It does not contain hormones or lactose and is rich in isoflavones. Also, it enhances the lipid profile, promotes weight loss as it is lower in sugar content, reduces the risk of prostate cancer, and aids in preventing osteoporosis. Consumers are now significantly opting for soy milk owing to its functional properties such as no fat, no cholesterol, and rich in proteins, which will, in turn, boost the growth of this market segment over the next four years.

Segmentation by distribution channel and analysis of the soy milk and cream market

  • Hypermarkets and supermarkets
  • Food specialists
  • Convenience stores
  • Online retailers

During 2015, the supermarkets and hypermarkets segment dominated the soy milk and cream market and accounted for around 55% of the total market share. The dominance of this retail format is due to the high level of manufacturers’ dependence on its shelf space. In-store promotions by retailers and price comparisons are some of the primary reasons why consumers prefer hypermarkets and supermarkets for their shopping. Moreover, the growth of organized retail will also significantly contribute to the growth of this segment in the coming years.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global soy milk and cream market?
  • What are the key market trends impacting the growth of the global soy milk and cream market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global soy milk and cream market?
  • What are the market opportunities and threats faced by the vendors in the global soy milk and cream market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
  • What are the key outcomes of the five forces analysis of the global soy milk and cream market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Read More Read Less

Table of Content

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Global soy food market
  • Global soy milk and cream market
  • Five forces analysis

PART 06: Market segmentation  by product

  • Global soy milk market
  • Global soy cream market

PART 07: Market segmentation by distribution channel

PART 08: Geographical segmentation

  • Soy milk and cream market in APAC
  • Soy milk and cream market in Americas
  • Soy milk and cream market in Europe
  • Soy milk and cream market in MEA

PART 09: Key leading countries

  • China
  • US
  • Brazil
  • Spain

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

  • Competitive scenario
  • Eden Foods
  • Organic Valley
  • PUREHARVEST
  • WhiteWave Foods
  • Other prominent vendors

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Consumer Staples
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>