Soybean Food & Beverage Products Market worth $87.63 billion by 2030, growing at a CAGR of 5.47% - Exclusive Report by 360iResearch

The "Soybean Food & Beverage Products Market by Product (Soy-based Beverages, Soy-based Foods, Soybean-based Food Ingredients), Soybean Source (Genetically Modified, Non-Genetically Modified), Distribution Channel, End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Soybean Food & Beverage Products Market to grow from USD 60.35 billion in 2023 to USD 87.63 billion by 2030, at a CAGR of 5.47%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/soybean-food-beverage-products?utm_source=openpr&utm_medium=referral&utm_campaign=sample

The soybean food & beverage products are derived from soybeans, a leguminous plant rich in protein and other essential nutrients. Soybeans are processed into numerous forms, including but not limited to soy milk, tofu, tempeh, soy protein isolate, and fermented products like miso and natto. Each of these products caters to dairy alternatives, meat substitutes, snack foods, and meal components. The versatility of soy allows it to be incorporated into various culinary traditions and dietary preferences, thus broadening its appeal. The soybean food & beverage products industry is driven by several factors, such as the increasing health consciousness among consumers of the vegan and vegetarian population. Moreover, the increasing availability of versatile soybean-based foods and beverages and rising demand for soy protein ingredients for the production of animal feed are impeding market growth. In contrast, fluctuating prices in soybeans due to supply chain disruptions and fluctuating agricultural outputs, and side-effects and allergies associated with soy-based food & beverages products have led to hesitation to accept soybean food & beverages products among consumers, which leads to penetrating market growth. However, ongoing innovation within this sector is likely to introduce new products and applications of soy, cementing its status as a versatile and valuable agricultural commodity. Furthermore, the emergence of advanced packaging and processing technologies for soy-based food & beverages and approvals for genetically modified soybeans for food and feed purposes are gaining potential growth opportunities for the market.

Soybean Source: Rising adoption of GM soybeans in large-scale food and beverage production

Genetically modified soybeans are modified at the genetic level to exhibit traits that make them more resistant to pests, herbicides, and environmental conditions. These modifications lead to larger yields and less dependency on chemical pesticides, potentially reducing production costs. Non-genetically modified soybeans are preferred by a niche and still-growing consumer group that advocates for organic and natural food products. Food and beverage products sourced from non-GM soybeans are marketed as more natural and environmentally friendly, capitalizing on consumer trends that favor perceived health benefits and sustainable agricultural practices. In comparison, GM soybeans are more accessible and cost-effective for manufacturers with a price-sensitive consumer base and those operating in regions with less restrictive GMO policies. On the other hand, products sourced from non-GM soybeans command higher prices and target a premium segment willing to pay for non-GMO claims.

End-Use: Significant role of soybean food & beverage products for functional foods & supplements to improve health risk

Soybeans are critical in animal nutrition, particularly as a high-protein ingredient in poultry, swine, and cattle feed. The meal produced after oil extraction is rich in amino acids essential for animal growth, making it a preferred ingredient in livestock diets. In the bakery and confectionery sector, soy is valued for its functional properties, such as moisture retention and texture improvement, and its nutritional profile, including plant protein and fiber. Within dairy products, soy is predominantly utilized as a dairy alternative due to its similar nutritional content, especially in soy milk and soy-based yogurts. Soybeans serve those with lactose intolerance and dietary preferences such as veganism. Functional foods and supplements represent an expanding market sector for soybean use, emphasizing the health benefits of soy intake, such as improved heart health and reduced risk of certain diseases. Isolated soy proteins and isoflavones are popular ingredients in this category, appealing to health-conscious consumers seeking non-animal protein sources and additional health benefits. The use of soy in infant foods, particularly in soy-based infant formulas, caters to the needs of infants who are lactose intolerant and allergic to cow milk protein. In meat products, soy is often an extender and texturizer, improving taste, texture, and moisture content in products such as sausages, burger patties, and meatballs.

Product: Increasing preference for soy-based foods in individuals looking for whole soybean nutrition

Soy-based beverages, such as soy milk and soy-based smoothies, cater to a growing demand for plant-based dairy alternatives. These beverages typically come in various flavors and are often fortified with vitamins and minerals to enhance their nutritional profile. Soy-based foods encompass a diverse range of products designed to provide high-quality protein and are available as both fermented and non-fermented options. Fermented soy-based foods include products such as tempeh, miso, and soy sauce. Fermentation imbues these products with distinct flavors and improves their digestibility and nutritional benefits, including enhanced protein content and the presence of probiotics. Non-fermented soy-based foods such as tofu, soy nuts, and soy-based meat alternatives cater to the meat substitute market and individuals looking for whole soybean nutrition. These products are often appreciated for their versatility and adaptability in numerous recipes. Soybean-based food ingredients are essential in various manufacturing processes, affecting food functionality, nutrition, and product appeal. Soybean-based additives such as soy lecithin, soy protein isolates, and soy fiber are widely used in the food industry for their emulsifying properties, texture enhancement, and nutritional fortification. Soybean oils are highly regarded for their versatility in food applications, including cooking, baking, and salad dressings. They are a significant source of polyunsaturated fats and are often hydrogenated to improve shelf stability and texture in processed foods.

Distribution Channel: Rising e-commerce distribution channel offering easy accessibility to the products

Offline channels refer to traditional brick-and-mortar outlets such as supermarkets, health food, convenience, and specialty stores. The primary advantage of offline channels is the physical presence that allows consumers to experience products directly, which can drive impulse purchases and enhance brand loyalty through sensory experiences. Furthermore, in-store promotions and the ability of staff to recommend products can positively influence buying decisions. Offline channels also offer immediate product accessibility without the wait or cost associated with shipping. Online channels encompass e-commerce platforms, brand-owned websites, and online marketplaces. Online sales have been proliferating due to the convenience they offer consumers, including the ability to shop 24/7, easy price comparisons, and access to a global market. Consumers easily find product reviews and ratings that influence their purchasing decisions.

Regional Insights:

The use of soybean food & beverage products in the Americas is primarily driven by the growing health awareness and dietary preferences of consumers. This region has seen a substantial demand for plant-based products due to rising veganism and concerns about animal welfare. The versatility of soy as a food ingredient allows for its inclusion in various food products, contributing to its popularity. The presence of major soybean producers in countries of this region facilitates easy access to raw materials, thus promoting growth in the soy food and beverage industry. In the EMEA region, soybean food and beverage products are adopting due to changing dietary habits and the cultural assimilation of global food trends. In Europe, there is an increasing demand for non-dairy alternatives prompted by lactose intolerance and environmental considerations. The Middle East and Africa are gradually introducing soy into their diets, often buoyed by the nutritional benefits of soy, such as protein content and heart health. Soybean products have a long-established tradition in Asia-Pacific cuisine and are deeply integrated into the cultural fabric of many countries in the region. Soy foods such as tofu, tempeh, and soy milk are staple items in the diet of many APAC nations. Modernization and urbanization have further elevated the market potential for convenient and processed soy foods. Increasing regional income has also led to greater consumption of various food products, including soy-based ones. Health trends and the rise in vegetarianism and flexitarian diets have prompted consumers to seek soy as a reputable source of protein, aligning with global health narratives. Moreover, APAC's role as a major producer of soybeans provides an inherent advantage in the soy food and beverage product market.

Market Segmentation & Coverage:

This research report categorizes the Soybean Food & Beverage Products Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Soy-based Beverages, Soy-based Foods, and Soybean-based Food Ingredients. The Soy-based Foods is further studied across Fermented and Non-Fermented. The Soybean-based Food Ingredients is further studied across Additives and Oils. The Soy-based Beverages is projected to witness significant market share during forecast period.

Based on Soybean Source, market is studied across Genetically Modified and Non-Genetically Modified. The Genetically Modified is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Online is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Animal Feed, Bakery & Confectionery, Dairy Products, Functional Foods & Supplements, Infant Foods, and Meat Products. The Bakery & Confectionery is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.40% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Soybean Food & Beverage Products Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Soybean Food & Beverage Products Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Soybean Food & Beverage Products Market, highlighting leading vendors and their innovative profiles. These include Archer Daniels Midland Company, Batory Foods, Bunge Limited, Burcon NutraScience Corporation, Campbell Soup Company, Cargill, Incorporated, Chaitanya Agro Biotech Pvt. Ltd., CHS Inc., Crown Soya Protein Group Company, DAIYA FOODS Inc., Danone SA, Devansoy Inc., DuPont de Nemours, Inc., Earth's Own Food Company Inc., Eden Foods, Inc., Farbest-Tallman Foods Corporation, Foodchem International Corporation, Fuji Oil Co., Ltd., House Foods America Corporation, Kellogg Company, Kerry Group PLC, Louis Dreyfus Company B.V., Nasoya Foods USA, LLC, PureHarvest, Sanitarium by Australian Health and Nutrition Association Ltd., Soy Vay Enterprises, The Hain Celestial Group, Inc., Vitasoy International Holdings Limited, Wilmar International Ltd., and YEO HIAP SENG Ltd..

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/soybean-food-beverage-products?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Soybean Food & Beverage Products Market, by Product
7. Soybean Food & Beverage Products Market, by Soybean Source
8. Soybean Food & Beverage Products Market, by Distribution Channel
9. Soybean Food & Beverage Products Market, by End-Use
10. Americas Soybean Food & Beverage Products Market
11. Asia-Pacific Soybean Food & Beverage Products Market
12. Europe, Middle East & Africa Soybean Food & Beverage Products Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Soybean Food & Beverage Products Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Soybean Food & Beverage Products Market?
3. What is the competitive strategic window for opportunities in the Soybean Food & Beverage Products Market?
4. What are the technology trends and regulatory frameworks in the Soybean Food & Beverage Products Market?
5. What is the market share of the leading vendors in the Soybean Food & Beverage Products Market?
6. What modes and strategic moves are considered suitable for entering the Soybean Food & Beverage Products Market?

Read More @ https://www.360iresearch.com/library/intelligence/soybean-food-beverage-products?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.