Press release
Soy Milk Market to see Huge Growth by 2029
Soy milk market is anticipated to grow at a CAGR of around 6% during the forecast period. The market growth is attributed to the recent surge in the population with a preference for vegan and vegetarian diets. Soy milk has a creamy texture and non-dairy composition with an excellent nutrient profile. Soy milk offers numerous health benefits such as the reduced risk of cardiovascular disease, lowered cholesterol, and reduced risk of cancer, which is increasing its adoption across the globe. This is expected to significantly drive the shares of the soy milk market during the forecast period.Moreover, animal milk's preference among the population is lowering considerably in recent years owing to anxieties about bovine antibiotics, animal cruelty, and the industry's environmental impact. This in turn, is surging the demand for dairy alternatives such as soy milk. In addition to this, the increased awareness regarding lactose intolerance across the globe is also propelling the soy industry growth and in turn, tend to expand the soy milk market size.
Furthermore, traditional animal milk undergoes frequent adulteration and contained harmful pathogens, which result in increasing serious diseases such as tuberculosis and listeria. This is also expected to increase the demand for soy milk, and in turn, driving the soy milk market growth. Moreover, soy milk aids in reducing osteoporosis risk and buffer the effects of menopause. Hence, the adoption of soy milk by the female population is expected to be significantly high. This in turn, will be driving the soy milk market during the forecast period.
Additionally, soy milk is found to be a safer and healthier substitute that can be consumed by the diabetic population. In various researches, it is found the soy milk consumption could decrease serum d-dimer level among type 2 diabetic patients with nephropathy. According to the International Diabetes Federation (IDF), 1 in every 11 people is suffering from diabetes that accounts for 463 million people across the globe. Since the population with diabetes is increasing very rapidly across the globe, the demand for soy milk will increase significantly.
To Request a Sample of our Report on Soy Milk Market: https://www.omrglobal.com/request-sample/soy-milk-market
Soy Milk Market- Segmentation
By Type
Plain Soy Milk
Flavored Soy Milk
By Application
Desserts
Cheese & Snacks
Beverages
A full Report of Soy Milk Market is Available at: https://www.omrglobal.com/industry-reports/soy-milk-market
Soy Milk Market- Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Adisoy Foods & Beverages Pvt. Ltd.
Asahi Group Holdings Ltd.
Bonsoy Beverage Co.
Chetran Foods Pvt. Ltd.
Dairy Farmers of America, Inc.
Danone SA
Devansoy Inc.
DuPont de Nemours, Inc.
Earth's Own Food Co. Inc.
FUJI OIL CO., LTD.
Green Spot Co., Ltd.
Invigorate Foods Pvt Ltd.
Johars Group
Kikkoman Corp.
Lactasoy co.th
Marusan-AI Co., Ltd.
MUSO co., Ltd.
Natur-a Foods
NOW Health Group, Inc.
Pacific Foods of Oregon, LLC
SunOpta Inc.
The Hain Celestial Group, Inc.
The Hershey Co.
Vietnam Soya Products Co.
Vitasoy International Holdings Ltd.
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