Introduction

Global Soy Milk and Cream Market

Soy is a legume that is under the radar much in the recent past for its varied health benefits. There are different forms of consuming soy and products from the soy milk and cream market are one form of soy consumables. Soy milk is created by soaking and grinding these soya beans and taking out the thick, white extracts from it. Soy cream is a further processed stage of this milk. Vegans find these milk and cream sources a perfect replacement for animal milk products.

Soy extracts contain only plant based proteins and this makes them a healthier choice. Soy milk and cream are said to reduce blood cholesterol levels. These also aid in weight loss and contain ingredients that enhance lipid profile. There are current research studies that talk about these extracts helping avoid prostate cancer and osteoporosis. These are all reasons why the current soy milk and cream market is set to grow at high levels in the forecasted periods of 2019 to 2025.

This report talks about the potential risks and opportunities that global, regional and individual company level factors provide to the soy milk and cream market. This also further analyzes various factors of the market like its revenue generated, sales figure, CAGR and market rate for the base year of 2018 and the forecasted periods. It analyzes various aspects of the historical periods to arrive at a conclusion. The different manufacturers in the market and their production capacity, manufacturing sites and market share are also investigated.

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Market Segmentation

The two basic products in the market are soy milk and soy cream.  Out of these, the soy milk segment will occupy the lion’s share of the market and will hold about 80% of the total market share. The areas of application or the places where these products are sold are food specialist centers, hypermarkets and supermarkets, convenience stores, and online retailers. Out of these, the soy milk and cream market report claims that in the year 2017, the hypermarkets and supermarkets held about 52% of the market share. The need for shelf space by these manufacturers was considered a reason for this dominance.

Regional Analysis

Factors like production and consumption values, export and import figures and market share and revenue generated by the soy milk and cream market regionally are discussed in detail in this report. It goes on to identify key players in each of these regions and their effects on the market growth in that area. The expansion plans and developmental strategies of these key players in these different areas are investigated in detail. The report also picks up different submarkets created in specific regions and their scopes for growth. Market drivers that make a difference are pointed out too.

Industry News

In a news report published on October 8th, 2019, a group of students from the Virginia Commonwealth University protested with PETA banners in hands for the fact that Starbucks charges extra for using diary-free soy milk.

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