Soy Food Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DFB144 | Last Updated On: Jun 10 2020 | No. of Pages: 210 | Available Formats

> Global Soy Food Market is expected to reach a high CAGR of 4.8% during the forecasting period (2020-2027).

Global Soy Food Market is segmented By Type (Soy Milk, Soy Oil, Tofu, Tempeh, Edamame, Soy Yogurt, Soy Sauce, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others), By End-Use (Functional Foods, Infant Nutrition, Bakery & Confectionery Products, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview:

The Global Soy Food Market is expected to grow at a CAGR of 4.8% during the forecasting period (2020-2027).

Soybean or soya bean is a legume widely known for its edible nature and nutrient-rich properties and is considered as the largest grown legume in the world. According to The U.S. Department of Agriculture (USDA), the global production of soybean reached 346 million metric tons in 2018. Beyond the utilization of soybean meal for animal feed applications, soybean is used as a staple food source in several parts of the world. Consumption of soy-based food products such as Tofu and Tempeh is increasing owing to the rising interest in sustainable production practices and demand for meat substitutes.

**Source: DataM Intelligence Analysis

Market Dynamics:

The utilization of soy-based foods has been rapidly increasing across the globe owing to the rising awareness about its potential health benefits. Soy is considered as an effective alternative to dairy foods owing to its rich protein and low cholesterol content. The increasing lactose-intolerant population is driving the growth of soy-based food products such as soy yogurt, soy ice cream, and soy sauce globally. Soy is also used as a ‘meat analog’.  Furthermore, rising veganism is likely to provide immense growth potential for the market over the forecast period. According to VeganSociety, the vegan population in the U.K. increased from 150,000 in 2014 to 600,000 in 2018. However, the GM issues associated with soybeans is the primary factor hindering the growth of Soy Food Market. Overconsumption of soy foods also poses several health risks including breast cancer.

Market Segmentation:

The global Soy Food Market is segmented by type into soy milk, soy oil, soy yogurt, soy sauce, tofu, tempeh, edamame, and others. Tofu evolved as the largest segment with a share of over 30% in terms of sales value in 2018. The increasing demand for meat substitutes and meat mimicking the capability of soy both by texture and nutritional content is increasing the consumption of tofu. Tofu is estimated to hold its market dominance owing to the increasing veganism and vegetarianism across the globe. Bakery and confectionery are leading the Soy Food Market by end-use. The demand for soy condiments such as sauces and flour in baking products has increased significantly. Soy sauce is used in a wide array of food processing activities.

By Geography, North America is the leading global Soy Food Market owing to the well-established functional foods and infant formula production companies in the U.S. Infant formulas for lactose-intolerant children use soy as the major dairy alternative. The large production of soybeans in American nations is supporting the growth of soy foods in this region. According to USDA, nearly 82% of the global soybean production is accounted for by the U.S., Brazil, and Argentina. The Asia Pacific is also holding significant share in the market owing to soy consumption as staple food in countries such as Indonesia and China.

Competitive Landscape:

The global Soy Food Market is highly fragmented with the presence of large number of companies. The high product differentiation is resulting in entry of new companies into the market with novel soy based food formulations. The differentiation in products and limited geographic reach is limiting the competition among players, thus resulting in price hikes in recent times. The companies are focusing towards development of organic soy foods owing to the rising consumer concerns towards GM foods.

Why Purchase the Report?

  • Visualize the composition of the global Soy Food Market across each indication, in terms of type, distribution channel, and end use, highlighting the key commercial assets and major players.
  • Identify commercial opportunities in global Soy Food Market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the global Soy Food Market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key products of all major market players

**The global soy foods report will provide access to approximately 61 market data tables, 59 figures, and 220 pages.

Target Audience:

  • Food Processing Companies
  • Soy-based ingredients suppliers
  • Soy Food Manufacturers
  • Soy farming communities
  • Industry Investors/Investment Bankers
  • Education & Research Institutes

 

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Table of Contents

  1. Soy Food Market – Scope and Methodology

    1. Research Methodology
    2. Scope of the Market

  2. Soy Food Market – Key Trends and Developments

  3. Soy Food Market – Executive Summary

    1. Market Snippet By Type
    2. Market Snippet By End Use
    3. Market Snippet By Distribution Channel
    4. DataM CLO Scenario
  4. Soy Food Market  Dynamics

    1. Market impacting factors
      1. Drivers
        1. Rising consumption of soy as dairy alternative
        2. Increasing soybean production
      2. Restraints
        1. GMO concerns associated with soybeans
      3. Opportunities
        1. Increasing vegan population globally
    2. Impact analysis
  5. Soy Food Market – Industry Analysis

    1. Porter's five forces analysis
    2. Supply chain analysis
    3. Pricing analysis
    4. Regulatory Analysis
  6. Soy Food Market – By Type

    1. Market size analysis, and y-o-y growth analysis (%), By Type segment
    2. Market attractiveness index, By Type segment
    3. Soy Milk
    4. Soy Oil
    5. Tofu
    6. Tempeh
    7. Edamame
    8. Soy Yogurt
    9. Soy Sauce
    10. Others
  7. Soy Food Market – By Distribution Channel

    1. Market size analysis, and y-o-y growth analysis (%), By Distribution Channel Segment
    2. Market attractiveness index, By Distribution Channel Segment
    3. Supermarkets/Hypermarkets
    4. Convenience Stores
    5. E-Commerce
    6. Others
  8. Soy Food Market – By End Use

    1. Market size analysis, and y-o-y growth analysis (%), By End Use Segment
    2. Market attractiveness index, By End Use Segment
    3. Functional Foods
    4. Infant Nutrition
    5. Bakery & Confectionery Products
    6. Others
  9. Soy Food Market – By Region

    1. Introduction
    2. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key region-specific dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By End Use
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By End Use
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By End Use
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Chile
        4. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By End Use
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia & New Zealand
        5. Rest of Asia Pacific
    8. The Middle East And Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By End Use
  10. Soy Food Market – Competitive Landscape

    1. Competitive scenario
    2. Competitor strategy analysis
    3. Market positioning/share analysis
    4. Mergers and acquisitions analysis
  11. Company Profiles

    1. Archer Daniels Midland Company
      1. Company Overview
      2. Product Portfolio
      3. Key Highlights
      4. Financial Overview
    2. Cargill, Incorporated
    3. SoyBoy
    4. Nutrisoy Pty Ltd
    5. Dragonfly Foods
    6. Tofurei
    7. The Tofoo Co.
    8. Noble Bean Inc
    9. Lalibela Farm
    10. Danone S.A.(List Not Exhaustive)
  12. Soy Food Market – Premium Insights

  13. Soy Food Market – DataM

    1. Appendix
    2. About us and services
    3. Contact us

List of Tables & Figures

List of Tables

Table 1 Global Soy Food Market Value, By Type, 2018, 2022 & 2027 ($ Million)

Table 2 Global Soy Food Market Value, By Distribution Channel, 2018, 2022 & 2027 ($ Million)

Table 3 Global Soy Food Market Value, By End Use, 2018, 2022 & 2027 ($ Million)

Table 4 Global Soy Food Market Value, By Region, 2018, 2022 & 2027 ($ Million)

Table 5 Global Soy Food Market Value, By Type, 2018, 2022 & 2027 ($ Million)

Table 6 Global Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 7 Global Soy Food Market Value, By Distribution Channel, 2018, 2022 & 2027 ($ Million)

Table 8 Global Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 9 Global Soy Food Market Value, By End Use, 2018, 2022 & 2027 ($ Million)

Table 10 Global Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 11 Global Soy Food Market Value, By Region, 2018, 2022 & 2027 ($ Million)

Table 12 Global Soy Food Market Value, By Region, 2017-2027 ($ Million)

Table 13 North America Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 14 North America Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 15 North America Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 16 North America Soy Food Market Value, By Country, 2017-2027 ($ Million)

Table 17 South America Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 18 South America Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 19 South America Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 20 South America Soy Food Market Value, By Country, 2017-2027 ($ Million)

Table 21 Europe Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 22 Europe Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 23 Europe Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 24 Europe Soy Food Market Value, By Country, 2017-2027 ($ Million)

Table 25 Asia-Pacific Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 26 Asia-Pacific Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 27 Asia-Pacific Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 28 Asia-Pacific Soy Food Market Value, By Country, 2017-2027 ($ Million)

Table 29 Middle East & Africa Soy Food Market Value, By Type, 2017-2027 ($ Million)

Table 30 Middle East & Africa Soy Food Market Value, By Distribution Channel, 2017-2027 ($ Million)

Table 31 Middle East & Africa Soy Food Market Value, By End Use, 2017-2027 ($ Million)

Table 32 Archer Daniels Midland Company: Overview

Table 33 Archer Daniels Midland Company: Product Portfolio

Table 34 Archer Daniels Midland Company: Key Developments

Table 35 Cargill, Incorporated: Overview

Table 36 Cargill, Incorporated: Product Portfolio

Table 37 Cargill, Incorporated: Key Developments

Table 38 SoyBoy: Overview

Table 39 SoyBoy: Product Portfolio

Table 40 SoyBoy: Key Developments

Table 41 Nutrisoy Pty Ltd: Overview

Table 42 Nutrisoy Pty Ltd: Product Portfolio

Table 43 Nutrisoy Pty Ltd: Key Developments

Table 44 Dragonfly Foods: Overview

Table 45 Dragonfly Foods: Product Portfolio

Table 46 Dragonfly Foods: Key Developments

Table 47 Tofurei: Overview

Table 48 Tofurei: Product Portfolio

Table 49 Tofurei: Key Developments

Table 50 The Tofoo Co.: Overview

Table 51 The Tofoo Co.: Product Portfolio

Table 52 The Tofoo Co.: Key Developments

Table 53 Noble Bean Inc: Overview

Table 54 Noble Bean Inc: Product Portfolio

Table 55 Noble Bean Inc: Key Developments

Table 56 Lalibela Farm: Overview

Table 57 Lalibela Farm: Product Portfolio

Table 58 Lalibela Farm: Key Developments

Table 59 Danone S.A.: Overview

Table 60 Danone S.A.: Product Portfolio

Table 61 Danone S.A.: Key Developments

 

List of Figures

Figure 1 Global Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 2 Global Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 3 Global Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 4 Global Soy Food Market Share, By Region, 2018 & 2027 (%)

Figure 5 Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 6 Global Soy Food Market Y-o-Y Growth, By Type, 2018-2027 (%)

Figure 7 Soy Milk: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 8 Soy Oil: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 9 Tofu: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 10 Tempeh: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 11 Edamame: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 12 Soy Yogurt: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 13 Soy Sauce: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 14 Others: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 15 Global Soy Food Market Y-o-Y Growth, By Distribution Channel, 2018-2027 (%)

Figure 16 Supermarkets/Hypermarkets: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 17 Convenience Stores: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 18 E-Commerce: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 19 Others: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 20 Global Soy Food Market Y-o-Y Growth, By End Use, 2018-2027 (%)

Figure 21 Functional Foods: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 22 Infant Nutrition: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 23 Bakery & Confectionery Products: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 24 Others: Global Soy Food Market Value, 2017-2027 ($ Million)

Figure 25 Global Soy Food Market Y-o-Y Growth, By Region, 2018-2027 (%)

Figure 26 North America Soy Food Market Value, 2017-2027 ($ Million)

Figure 27 North America Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 28 North America Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 29 North America Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 30 North America Soy Food Market Share, By Country, 2018 & 2027 (%)

Figure 31 South America Soy Food Market Value, 2017-2027 ($ Million)

Figure 32 South America Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 33 South America Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 34 South America Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 35 South America Soy Food Market Share, By Country, 2018 & 2027 (%)

Figure 36 Europe Soy Food Market Value, 2017-2027 ($ Million)

Figure 37 Europe Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 38 Europe Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 39 Europe Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 40 Europe Soy Food Market Share, By Country, 2018 & 2027 (%)

Figure 41 Asia-Pacific Soy Food Market Value, 2017-2027 ($ Million)

Figure 42 Asia-Pacific Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 43 Asia-Pacific Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 44 Asia-Pacific Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 45 Asia-Pacific Soy Food Market Share, By Country, 2018 & 2027 (%)

Figure 46 Middle East & Africa Soy Food Market Value, 2017-2027 ($ Million)

Figure 47 Middle East & Africa Soy Food Market Share, By Type, 2018 & 2027 (%)

Figure 48 Middle East & Africa Soy Food Market Share, By Distribution Channel, 2018 & 2027 (%)

Figure 49 Middle East & Africa Soy Food Market Share, By End Use, 2018 & 2027 (%)

Figure 50 Archer Daniels Midland Company: Financials

Figure 51 Cargill, Incorporated: Financials

Figure 52 SoyBoy: Financials

Figure 53 Nutrisoy Pty Ltd: Financials

Figure 54 Dragonfly Foods: Financials

Figure 55 Tofurei: Financials

Figure 56 The Tofoo Co.: Financials

Figure 57 Noble Bean Inc: Financials

Figure 58 Lalibela Farm: Financials

Figure 59 Danone S.A.: Financials

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