Soy Food Market Size, Share, Growth, Outlook, Driving Factors, Report 2022-2027


According to the latest report by IMARC Group, titled “Soy Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global soy food market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global soy food market reached a value of US$ 44.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 60.7 Billion by 2027, exhibiting at a CAGR of 4.92% during 2022-2027. Soy food is obtained from soybean that is one of the basic ingredients used in the preparation of Asian food. It includes various products such as tofu, soymilk, soy flour, mayonnaise, soy cheese, tempeh, soy nut butter, and miso. Soy food is rich in fiber, omega-3 fatty acids, amino acids, vitamin D, zinc, iron and calcium. It also offers numerous health benefits such as lowering blood cholesterol levels, increasing bone density, and reducing the risk of heart disease and cancer.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Soy Food Market Trends:

The global soy food market is primarily driven by the increasing demand for high-protein and plant-based food products. this is due to the rising trend for vegan and vegetarian products among health-conscious consumers, which has encouraged manufacturers to produce soy food items. Besides this, the rising prevalence of chronic diseases, and the growing awareness regarding the importance of a healthy lifestyle has increased the sales of soy food products. It is also widely consumed as an alternative to meat in several dishes. As a result, soy food is preferred as a healthy snacking option by health enthusiasts. Furthermore, the rapid growth of the food processing industry and rising investments in research and development (R&D) activities to introduce new variants of soy food products are expected to fuel the market growth in the upcoming years.

Explore Full Report with TOC & List of Figures:

Key Market Segmentation:                      

Competitive Landscape:                                      

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:            

  • Blue Diamond Growers
  • Dean Foods
  • Earth’s Own Food Company
  • Eden Foods
  • Freedom Foods Group
  • Harvest Innovations
  • House Foods America Holding
  • Archer Daniels Midland
  • Miracle Soybean Food International Corp
  • Cargill
  • Nordic Soya Oy
  • Victoria Group
  • Hain Celestial
  • Adisoy Foods & Beverages Pvt. Ltd

Breakup by Product Type:

  • Textured Vegetable Protein (TVP)
  • Soy Milk
  • Soy Oil
  • Tofu
  • Others

Breakup by End-Use:

  • Dairy Alternatives
  • Meat Alternatives
  • Bakery and Confectionary
  • Functional Foods
  • Infant Nutrition
  • Others

Breakup by Category:

  • Organic
  • Conventional

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Departmental Stores
  • Convenience Stores
  • Online
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • Global Market
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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