LONDON, March 7, 2016 /PRNewswire/ -- The United States soy beverages market was worth USD 831.79 million in 2015. The market is estimated to reach a value of USD 1113.76 million by 2020, with a CAGR of 6.01% during the forecast period. Soy, a plant derived bean is considered to be one of the best sources of protein. It is an edible seed which has numerous advantages, and hence several applications. Studies show that soy consumption is associated with a reduction in low-density lipoprotein and triglycerides. This versatile bean can be processed into the most common foods like soy milk, soy sauce, miso, tempeh and tofu. Whole soy beans and products containing these are rich sources of proteins.
Soy has a positive effect on bone mineral density, and hence is beneficial for growing infants. The popularity of soy beverages can be attributed to their increased availability and the scientific facts that prove the many health benefits of soy, which includes lowering of blood cholesterol and reduction of the risk of certain cancers.
Soy bean-based foods, apart from being a complete source of protein, also contain other important nutrients, such as fiber, B vitamins and omega-3 fatty acids. All these nutrients are present in soy beverages and thus they play an important role in the growth of infants, fetal growth in pregnant women and has various other health benefits for children and adults alike.
Although, the recent studies on the harmful effects of soy and its derivatives is hindering the growth of the market.
The soy beverages market can be segmented into soy milk and yogurt smoothies. Soy-based yogurt smoothies are low-fat and they do not contain lactose. Also, soy milk provides complete protein nutrition when compared to other types of milk available. US has the highest projected growth rate, followed by Canada and Mexico. Silk, Organic Valley, Kikkoman Pearl Soymilk are a few major players which are adopting several strategies to increase their market share. Introduction of new soy beverages provides a huge platform for the development of this growing market.
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Market definition along with identification of key drivers and restraints for the market.
Market analysis with region specific assessments and competition analysis on a global and regional scale.
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Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
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A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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