Soybean Food & Beverage Product Trends and Forecast
The future of the global soybean food & beverage product market looks promising with opportunities in the bakery & confectionery, animal feed, dairy product, functional food & supplement, meat product, and infant food markets. The global soybean food & beverage product market is expected to reach an estimated $66.8 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing acceptance of vegan and vegetarian diets, preferred alternative to meat and dairy proteins, shift in consumer preference, and growing interest in plant-based protein sources.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Soybean Food & Beverage Product by Segment
The study includes a forecast for the global soybean food & beverage product by type, distribution channel, application, and region.
Soybean Food & Beverage Product Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Soybean Food Products
• Soybean Additives/Ingredients
• Soybean Oil
Soybean Food & Beverage Product Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Supermarkets
• Hypermarkets
• Specialty Stores
• Online Retailers
• Convenience Stores
• Departmental Stores
• Other
Soybean Food & Beverage Product Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bakery & Confectionery
• Animal Feed
• Dairy Products
• Functional Food & Supplements
• Meat Products
• Infant Foods
• Others
Soybean Food & Beverage Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Soybean Food & Beverage Product Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies soybean food & beverage product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the soybean food & beverage product companies profiled in this report include-
• Willmar International
• Cargill
• CHS
• ADM
• Kikkoman Group
• Alpro
• Barentz
• Eden Food
• Caramuru
• Hain Celestial Group
Soybean Food & Beverage Product Market Insights
Lucintel forecasts that soybean food products is expected to witness the highest growth over the forecast period due to rising popularity of plant-based protein sources and the growing demand for vegetarian and vegan food products.
Within this market, dairy products is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period due to expanding population, rising disposable money, and shifting consumer eating habits in the region.
Features of the Global Soybean Food & Beverage Product Market
Market Size Estimates: Soybean food & beverage product market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Soybean food & beverage product market size by type, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Soybean food & beverage product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, distribution channel, application, and regions for the soybean food & beverage product market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the soybean food & beverage product market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the soybean food & beverage product market size?
Answer: The global soybean food & beverage product market is expected to reach an estimated $66.8 billion by 2030.
Q2. What is the growth forecast for soybean food & beverage product market?
Answer: The global soybean food & beverage product market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the soybean food & beverage product market?
Answer: The major drivers for this market are increasing acceptance of vegan and vegetarian diets, preferred alternative to meat and dairy proteins, shift in consumer preference, and growing interest in plant-based protein sources.
Q4. What are the major segments for soybean food & beverage product market?
Answer: The future of the global soybean food & beverage product market looks promising with opportunities in the bakery & confectionery, animal feed, dairy product, functional food & supplement, meat product, and infant food markets.
Q5. Who are the key soybean food & beverage product market companies?
Answer: Some of the key soybean food & beverage product companies are as follows:
• Willmar International
• Cargill
• CHS
• ADM
• Kikkoman Group
• Alpro
• Barentz
• Eden Food
• Caramuru
• Hain Celestial Group
Q6. Which soybean food & beverage product market segment will be the largest in future?
Answer: Lucintel forecasts that soybean food products is expected to witness the highest growth over the forecast period due to rising popularity of plant-based protein sources and the growing demand for vegetarian and vegan food products.
Q7. In soybean food & beverage product market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding population, rising disposable money, and shifting consumer eating habits in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the soybean food & beverage product market by type (soybean food products, soybean additives/ingredients, and soybean oil), distribution channel (supermarkets, hypermarkets, specialty stores, online retailers, convenience stores, departmental stores, and other), application (bakery & confectionery, animal feed, dairy products, functional food & supplements, meat products, infant foods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Soybean Food & Beverage Product Market, Soybean Food & Beverage Product Market Size, Soybean Food & Beverage Product Market Growth, Soybean Food & Beverage Product Market Analysis, Soybean Food & Beverage Product Market Report, Soybean Food & Beverage Product Market Share, Soybean Food & Beverage Product Market Trends, Soybean Food & Beverage Product Market Forecast, Soybean Food & Beverage Product Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.