Scope of the Study
Soy desserts are made from soy milk. It contains less quantity of fats, carbohydrates, and cholesterol in the products as compared to dairy milk products. Various benefits of using soy desserts in food such as high cholesterol, high blood pressure, breast cancer, diabetes, colorectal cancer, Alzheimer's disease, heart disease, among others. The rising health consciousness among people, growing disposable income of people, and the consumption of soy milk products are some of the major drivers which are propelling the growth of the market.
The market study is being classified by Type (Soy Milks, Soy Creams, Soy Pies and Soy Cakes and Other), by Application (Hypermarkets and Supermarkets, Food and Drink Specialists, Convenience Stores and Online Retailers) and major geographies with country level break-up.
The Hershey Company (United States), Whitewave Services Inc., (United States), Danone S.A. (France), Dean Foods Co., (United States), So Delicious, (United States), Turtle Mountain (United States), The Hain Celestial Group (United States), AFC Soy Foods (United States), Alpro (Belgium) and DF Mavens (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Earth’s Own Food Company (Canada).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Soy Desserts market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Soy Desserts market by Type, Application and Region.
On the basis of geography, the market of Soy Desserts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Soy Desserts in the Food Industry
- Mounting Disposable Income of People
Market Trend
- Technology Advancement of the Product
Restraints
- Stringent Government Regulation
Opportunities
- Rising Demand from Emerging Economics such as India, China and others
Challenges
- High price of Some Soy Desserts products
- Lack of Awareness towards Benefits of Using Soy Desserts
On April 2018, the Vinamilk (Vietnam) Company had launched soy plant which manufactures a combination of soy milk and walnuts extract. It will benefit in increased the product portfolio of the company.
On May 2018, as per an article published by Food Safety and Standards Authority of India, The standards for eight new categories have been issued which includes sorghum flour, soybean, soy protein product and others regarding the protein concentrate percentage in products.
Key Target Audience
Manufacturers of Soy Desserts, Suppliers of Soy Desserts, Wholesalers, Distributors and Retailers of Soy Desserts, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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