Booming Growth in Soy Products Market Analysis and Forecast to 2026| Blue Diamond Growers, Dean Foods, Eden Foods Inc., House Foods America Corporation., Archer Daniels Midland Company

Market Analysis: Global Soy Products Market

Soy products market

Market Definition: Global Soy Products Market

Soy is produced from soybean and can be processed into soy protein, soy fiber or soymilk. Soy are very beneficial for high blood pressure, high cholesterol, and to reduce blood vessels and heart diseases. They also have the ability to treat problems such as diarrhoea, irritable bowel disease, metabolic syndrome, constipation, hepatitis B, and can also enhance muscle strength. They are also used as milk alternative in infant feeding problem. They are also applied on the skin because they can improve wrinkled skin.

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Market Drivers:

Increasing lactose intolerance among population which make them to consume more soy products which is driving the market growth

Low price of the soy products acts as a driving factor for this market growth

Rising vegan population will positively affect the growth of this market

Growing demand plant-based foods also contributes as a major driving factor for this market


Market Restraints:

Presence of artificial calcium in soy products will restrain the market growth

Soy can affect the thyroid function also hinders the growth of this market


Segmentation: Global Soy Products Market

By Product

Textured Vegetable Protein

Soy Milk

Soy Oil

Tofu

Other


By Category

Organic

Conventional


By Distribution Channel

Supermarkets and Hypermarkets

Departmental Stores

Convenience Stores

Online

Other


By End- User

Dairy Alternatives

Meat Alternatives

Bakery and Confectionary

Functional Foods

Infant Nutrition


By Geography

North America

U.S.

Canada

Mexico


Europe

Germany

Sweden

Poland

Denmark

Italy

U.K.

France

Spain

Netherlands

Belgium

Switzerland

Turkey

Russia

Rest of Europe


Asia-Pacific

Japan

China

India

South Korea

New Zealand

Vietnam

Australia

Singapore

Malaysia

Thailand

Indonesia

Philippines

Rest of Asia-Pacific


South America

Brazil

Argentina

Rest of South America


Middle East and Africa

UAE

Saudi Arabia

Oman

Qatar

Kuwait

South Africa

Rest of Middle East and Africa



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Key Developments in the Market:

In April 2019, Invigorate Foods announced the launch of their Genki-Ya Tofu in their range of fresh soya milk products. This new product is manufactured from the fresh soya milk. The company is also planning to launch their other soya milk products such as Fresh Soy Milk, yoghurts, flavoured soy milk and other. The main aim of the launch is to introduce fresh soya products in India

In April 2016, Archer Daniels Company announced the launch of their new soy products which is specially designed so they can increase the fiber and protein content in meat products. The powdered ingredient of ADM is derived from the inner cell walls of soybean seed known as cotyledon. They have the ability to enhance the strength and flexibility of meat products and also help them to maintain their texture


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Competitive Analysis:

Global soy products market

Key Market Competitors:

Few of the major competitors currently working in the global soy products market are Blue Diamond Growers, Dean Foods, Eden Foods Inc., House Foods America Corporation., Archer Daniels Midland Company, Miracle Soybean Food International Corp., Cargill, Incorporated., Nordic Soya Oy, Victoria Group, Hain Celestial, Adisoy Foods & Beverages Pvt Ltd, DuPont de Nemours, Inc., Solbar Ningbo Protein Technology Co., Ltd, The Scoular Company, Linyi Shansong Biological Products Co., Ltd., Vezlay Foods Pvt. Ltd, Soyaam Food, Gagar Foods Pvt. Ltd., Gauri Agrotech Products Pvt. Ltd, Vippy Industries Ltd among others.

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