Press release
Recent Research: Almond Milk Market Is Expected To Grow At A CAGR Of 7.8% By 2020 to 2030
Plant-based milks such are soy milk, almond milk, oat milk, rice milk, and others are gaining rapid traction among foodservice providers, owing to increasing consumer demand in restaurants and cafes. Soy milk products are housed in special refrigerated units, which significantly increase their shelf life as compared to traditional milk.For instance, The Progressive Food Company, based in the U.K., offers single-serve portions of soy milk as an alternative for cow milk to its customers operating in the food service industry.
Soy milk is also considered as one of the most efficient milks used for baking. The flavor offered by soy milk is mild and goes unnoticed in breads, muffins, cakes, and other baked goods. It also offers a better structure and texture to the finished product. On the back of all these factors, the global soy milk market is expected to witness a remarkable value CAGR of 9% through 2030.
To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/32165
Key Takeaways from Soy Milk Market Study
The soy milk market in South Asia will exhibit a high value CAGR of 10.6% over the forecast period, owing to the ability of soy milk to replace cow milk with equal amount of protein and less calories. Increasing prevalence of various diseases is giving rise to the need for low calorie diets, which contributes toward this high value CAGR.
The organic segment, by nature, is projected to register a high volume growth rate during the forecast period, owing to increased awareness about health and wellness among consumers who demand organic food products without the presence of synthetic ingredients.
The use of soy milk in retail / household will offer the highest value incremental opportunity during the forecast period, attributable to increased consumer preference for plant-based milk coupled with abundance of calcium in soy milk that supports overall health.
Sales of soy milk through online retail channels is expected to exhibit a high value CAGR of 11.2% over the forecast period, owing to increased Internet proliferation, convenience offered to consumers, and abundance of brands available at competitive prices.
Though the COVID-19 pandemic has affected the soy milk market due to supply chain disruptions, the effect will be moderate, as demand for nutritional products is rising every day.
“The soy milk market is expected to witness high incremental opportunity in the food processing industry, owing to growing use in the foodservice industry. Soy milk is expected to replace dairy milk in foodservice restaurants, owing to increasing lactose-intolerant audience. It is also gaining popularity in applications such as desserts, cakes, cheese, snacks, and beverages. Key players can target these segment to create room for increased opportunities.” says a PMR analyst.
For critical insights on the keyword market, request for methodology here @ https://www.persistencemarketresearch.com/methodology/32165
Global Soy Milk Market: Competitive Landscape
Key players in the soy milk market are focusing on expansion of product offerings to fulfill evolving consumer needs and keep up with the growth in the global soy milk market. These players are focusing on introducing new products with increased application at affordable prices.
In 2020, Pureharvest added a new line of non-dairy milk to its product catalogue range, which offered organic and delicious non-dairy milk made from blends of nuts and grains, to create distinct and incredibly tasty vegan milk.
In 2018, Hiland Dairy launched three new soy milk flavors that can be enjoyed on their own, and also find application in homemade ice cream, smoothies, and coffee.
Apart from this, key players in the soy milk market are emphasizing on the expansion strategy through strategic alliances/partnerships, mergers, and acquisitions to achieve high growth and expand global footprint in the food & beverage industry.
In 2020, Danone Group partnered with Brightseed, a company engaged in biosciences and precision nutrition, to ensure the development of its existing key plant-based ingredients, starting with soy.
In 2018, Vitasoy International Holdings Ltd opened its Australian high calcium plant milk unit in Hong Kong, to promote healthy lifestyles and better serve its consumers in this region.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/32165
Explore More Valuable Insights on Global Soy Milk Market
Persistence Market Research, in its new report, offers an impartial analysis of the global soy milk market, presenting historical data (2015-2019) and estimation statistics for the period of 2020-2030. The study offers compelling insights on the soy milk market based on nature (organic, conventional), end use (household/retail, foodservice industry, food and beverage industry), and distribution channel (business to business, business to consumer), across seven regions.
Read More Trending "PMR Exclusive Article"-https://www.persistencemarketresearch.com/market-research/pre-cooked-flour-market.asp
Global Market Study on Fruit Puree: High Demand Growth Expected from Infant Food Industry: https://www.persistencemarketresearch.com/market-research/fruit-puree-market.asp
305 Broadway, 7th Floor
New York City, NY 10007 United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.comWebsite: https://www.persistencemarketresearch.com
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Recent Research: Almond Milk Market Is Expected To Grow At A CAGR Of 7.8% By 2020 to 2030 here
News-ID: 2416638 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…