Soy Food Market in the US grow at a CAGR of 2.84% during the period 2017-2021
Soy food is a great a source of amino acids, essential fatty acids (omega 3 and omega 6), fibers, and proteins. Soy is the most optimal alternative for dairy and meat and is a suitable food choice for the vegan population segment. Soy is characterized by cholesterol-reducing properties and cancer-prevention properties. It aids in alleviating pregnancy complications. Consumers in the US market have been increasingly demanding soy-based food products like edamame, miso, soy yogurt, and soy oil owing to the health benefits that are attributed to it. In the US, soy yogurt is consumed as an on-the-go snack that is considered to be highly nutritious and convenient.
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Technavios analysts forecast the soy food market in the US to grow at a CAGR of 2.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the soy food market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of soy or soybean foods in different product forms like whole soy foods, soy oil, and other soy foods across the US through various distribution channels.
Technavio's report, Soy Foods Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Archer Daniels Midland
Cargill
Hain Celestial
WHITEWAVE FOODS
Other prominent vendors
Blue Diamond Growers
Dean Foods
DuPont
Eden Foods
Northern Soy
PACIFIC FOODS OF OREGON
SunOpta
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Market driver
Rising levels of lactose intolerance and dairy allergies
For a full, detailed list, view our report
Market challenge
Common allergies associated with consumption of soy products
For a full, detailed list, view our report
Market trend
Growing demand for organic variants of soy products
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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