Global Soybean Food and Beverage Product Market Report Size, Trends & Growth Opportunity, By Type (Soyabean Food Products, Soyabean Additives/ Ingredients, Soyabean Oil), By Application (Bakery & Confectionery, Animal Feed, Dairy Products, Functional Food & Supplements, Meat Products, Infant Foods, Other Applications ) By Source (GM, Non- GM/GE), By Distribution Channel (Supermarkets, Hypermarkets, Speciality Stores, Online Retailers, Convenience Stores, Departmental Stores, Other Distribution Channels) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2030.
Report ID : IR1001987 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 188
Global Soybean Food and Beverage Product Market Report Size, Trends & Growth Opportunity, By Type (Soyabean Food Products, Soyabean Additives/ Ingredients, Soyabean Oil), By Application (Bakery & Confectionery, Animal Feed, Dairy Products, Functional Food & Supplements, Meat Products, Infant Foods, Other Applications ) By Source (GM, Non- GM/GE), By Distribution Channel (Supermarkets, Hypermarkets, Speciality Stores, Online Retailers, Convenience Stores, Departmental Stores, Other Distribution Channels) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2030.
Global Soybean Food and Beverage Product Market
The Global Soybean Food and Beverage Product Market is predicted to develop from its estimated value of USD 50.9 billion in 2022 to USD 77.94 billion in 2030, at a CAGR of 4.63 % from 2023 to 2030.
Soybean is an East Asian legume that is low in saturated fats but high in protein, vitamin C, and folate. Iron, fiber, calcium, magnesium, potassium, phosphorus, and omega-3 fatty acids are all found in it. Because of its nutrient content, it provides a variety of health benefits such as lowering blood cholesterol, increasing bone density and lowering the risk of developing cancer. It is widely used as a meat substitute in a variety of dishes and is included in a variety of vegan-friendly food products.
Market Drivers
One of the most popular substitutes for meat and dairy proteins is soy protein, which has aided food producers in cost control and product profitability. They are utilized in a variety of food applications, including bakery, confectionery, emulsion-type sausages, dairy replacers, functional beverages and nutritional bars, and breakfast cereals, because of their functional and nutritional qualities. Moreover, they are employed as nutritional components in products for pet food, aquaculture, and cattle feed. Soy protein is a simple substitute for meat and dairy proteins since it offers several nutritional advantages. Because they are less expensive and nevertheless provide the same nutritional benefits as meat and dairy proteins, manufacturers and consumers are choosing them.
Market Restraints
Heme iron, which is found in meat, is a form of iron that the body absorbs far better than non-heme iron found in plant-based foods. Non-heme iron is not well absorbed, and anti-nutrients included in plant-based foods, like phytic acid, might further hinder non-heme iron absorption. Thus, it is anticipated that during the forecast period, these inadequacies in plant-based food products will restrain the global market for plant-based proteins. Possible nutritional and vitamin inadequacies among vegans are a restraint on the market for soy-based food and drink items.
Market Segmentation
The Global Soybean Food and Beverage Product Market is segmented into Type (Soybean Food Products, Soyabean Additives/ Ingredients, Soyabean Oil), Application (Bakery & Confectionery, Animal Feed, Dairy Products, Functional Food & Supplements, Meat Products, Infant Foods, Other Applications ), Source (GM, Non- GM/GE), Distribution Channel (Supermarkets, Hypermarkets, Speciality Stores, Online Retailers, Convenience Stores, Departmental Stores, Other Distribution Channels) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
The North American market for soy protein ingredients is the largest. The secondary driver is people's increasing lactose intolerance, which causes them to consume soy products rather than milk and its by-products. Many lactose-intolerant people live in the United States, Europe, Africa, and Asia. Adding different flavors to soy products increases consumer appeal and demand. Soy is an important selling point because it is significantly less expensive than milk products. As a result, more customers are drawn to the products. Because soy has fewer calories and several health benefits, health-conscious consumers are primarily driving the soy market.
Key Players
The Key Players in the Global Soybean Food and Beverage Product Market are Cargill Inc, Barentz, Eden Food, CHS Inc, Caramuru, ADM, Willmar International Limited, Kikkoman Group, Alpro, and Patanjali Foods Limited.
Market Taxonomy
Type
• Soybean Food Products
• Soybean Additives/ Ingredients
• Soyabean Oil Motor Controls
Application
• Bakery & Confectionery
• Animal Feed
• Dairy Products
• Functional Food & Supplements
• Meat Products
• Infant Foods
• Other Applications
Source
• GM
• Non-GM/GE
Distribution Channel
• Supermarkets
• Hypermarkets
• Speciality Store
• Online Retailers
• Convenience Stores
• Departmental Stores
• Other Distribution Channels
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
.
Global Soybean Food and Beverage Application Market
1 Introduction
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Soybean Food and Beverage Application Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Soybean Food and Beverage Application Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Soybean Food and Beverage Application Market Share Analysis, By Type
5.3 Global Soybean Food and Beverage Application Market Size and Forecast, By Type
5.3.1. Soyabean Food Products
5.3.2 Soyabean Additives/ Ingredients
5.3.3 Soyabean Oil
6. Global Soybean Food and Beverage Application Market, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2. Global Soybean Food and Beverage Application Market Share Analysis, By Application
6.3 Global Soybean Food and Beverage Application Market Size and Forecast, By Application
6.3.1 Bakery & Confectionery
6.3.2 Animal Feed
6.3.3 Dairy Products
6.3.4 Functional Food & Supplements
6.3.5 Meat Products
6.3.6 Infant Foods
6.3.7 Other Applications
7 Global Soybean Food and Beverage Application Market, By Source
7.1 Y-o-Y Growth Comparison, By Source
7.2 Soybean Food and Beverage Application Market Share Analysis, By Source
7.3 Soybean Food and Beverage Application Market Size and Forecast, By Source
7.3.1 GM
7.3.2 Non- GM/GE
8 Global Soybean Food and Beverage Application Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Soybean Food and Beverage Application Market Share Analysis, By Distribution Channel
8.3 Soybean Food and Beverage Application Market Size and Forecast, By Distribution Channel
8.3.1 Supermarkets
8.3.2 Hypermarkets
8.3.3 Speciality Stores
8.3.4 Online Retailers
8.3.5 Convenience Stores
8.3.5 Departmental Stores
8.3.6 Other Distribution Channels
9 Global Soybean Food and Beverage Application Market, By Region
9.1 Global Soybean Food and Beverage Application Market Share Analysis, By Region
9.2 Global Soybean Food and Beverage Application Market Size and Forecast, By Region
10 North America Soybean Food and Beverage Application Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Soybean Food and Beverage Application Market Size and Forecast, By Type
10.3 North America Soybean Food and Beverage Application Market Size and Forecast, By Application
10.4 North America Soybean Food and Beverage Application Market Size and Forecast, By Source
10.5 North America Soybean Food and Beverage Application Market Size and Forecast, By Distribution Channel
10.6 North America Soybean Food and Beverage Application Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Soybean Food and Beverage Application Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Soybean Food and Beverage Application Market Share Analysis, By Type
11.3 Europe Soybean Food and Beverage Application Market Size and Forecast, By Application
11.4 Europe Soybean Food and Beverage Application Market Size and Forecast, By Source
11.5 Europe Soybean Food and Beverage Application Market Size and Forecast, By Distribution Channel
11.6 Europe Soybean Food and Beverage Application Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Soybean Food and Beverage Application Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Soybean Food and Beverage Application Market Share Analysis, By Type
12.3 Asia Pacific Soybean Food and Beverage Application Market Size and Forecast, By Application
12.4 Asia Pacific Soybean Food and Beverage Application Market Size and Forecast, By Source
12.5 Asia Pacific Soybean Food and Beverage Application Market Size and Forecast, By Distribution Channel
12.6 Asia Pacific Soybean Food and Beverage Application Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Soybean Food and Beverage Application Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Soybean Food and Beverage Application Market Share Analysis, By Type
13.3 Latin America Soybean Food and Beverage Application Market Size and Forecast, By Application
13.4 Latin America Soybean Food and Beverage Application Market Size and Forecast, By Source
13.5 Latin America Soybean Food and Beverage Application Market Size and Forecast, By Distribution Channel
13.6 Latin America Soybean Food and Beverage Application Market Size and Forecast, By Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Soybean Food and Beverage Application Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Soybean Food and Beverage Application Market Share Analysis, By Type
14.3 Middle East Soybean Food and Beverage Application Market Size and Forecast, By Application
14.4 North America Soybean Food and Beverage Application Market Size and Forecast, By Source
14.5 Middle East Soybean Food and Beverage Application Market Size and Forecast, Distribution Channel
14.6 Middle East Soybean Food and Beverage Application Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Cargill Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Barentz
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. Eden Food
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 CHS Inc
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Caramuru
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 ADM
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Willmar International Limited
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Kikkoman Group
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Alpro
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Patanjali Foods Limited
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies