Soy Milk Market Exceeds USD 10.5 Billion in 2022, Projected to Surge with 7% CAGR by 2030

MarkNtel Advisors who is leading market research company, has recently published a research report, titled Global “Soy Milk Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2024-30. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.

For a better understanding to download a free sample PDF of this study - https://www.marknteladvisors.com/query/request-sample/soy-milk-market.html

Market Study Period

Historical Data: 2019-22

Base Year: 2023

Forecast Period: 2024-30

CAGR (2024-2030): 7%

Global Soy Milk Market Insights:

The Global Soy Milk Market is valued at around USD 10.5 billion in 2022 & is projected to grow at a CAGR of around 7% during the forecast period, i.e., 2024-30. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.

Global Soy Milk Market Drivers:

Rising Lactose Intolerance & Dairy Allergies to Augment the Product Demand – Lactose intolerance includes the inability to digest lactose, a sugar found in milk & dairy products, due to a deficiency of the enzyme lactase, whereas dairy allergies involve an immune response to proteins found in cow's milk. The prevalence of lactose intolerance & dairy allergies among individuals has led consumers to seek non-dairy alternatives like soy milk to meet their nutritional needs without adverse reactions, which is one of the crucial aspects driving the market growth.

Soy milk, being dairy-free & lactose-free, provides a suitable solution for individuals with these conditions. Thus, consumers are increasingly becoming conscious of their dietary choices & are actively seeking healthier options. Soy milk, as a plant-based alternative, is perceived as a nutritious alternative with lower saturated fat content than cow's milk.

Explore the Complete Soy Milk Market Analysis Report - https://www.marknteladvisors.com/research-library/soy-milk-market.html

Which segments are covered in the Soy Milk Market Research Report?

By Type
- Flavored
- Unflavored
By Application
- Food & Beverages
  - (Bakery & Confectionery, Beverages, Desserts)
- Dietary Supplements
By Distribution Channel
- Offline
  - Supermarkets/Hypermarkets
  - Convenience Stores
  - Specialty Bakery/Stores
- Online
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific

Top 10 Key Brands/Players in the Soy Milk Market

Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:

Alpro
American Soy Products
Campbell Soup Company
Danone S.A.
Eden Foods
Hain Celestial Group, Inc.
Kikkoman Corporation
Organic Valley
Pureharvest
Pacific Natural Foods
Panos Brands
SunOpta
Sanitarium
The Hershey Company
Vitasoy International Holdings
WhiteWave Foods
Others

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/soy-milk-market.html

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