Dublin, Aug. 19, 2024 (GLOBE NEWSWIRE) — The “Soy Desserts – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Soy Desserts is estimated at US$72.3 Billion in 2023 and is projected to reach US$95.2 Billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the soy desserts market is driven by several factors, including advancements in food technology, an increase in consumer health consciousness, and strategic expansions in retail distribution. Technological improvements in processing and flavor masking techniques have enabled manufacturers to produce soy desserts that closely replicate the creamy texture and rich taste of their dairy counterparts, enhancing their appeal to mainstream consumers. As global health trends continue to promote protein-rich and low-fat diets, soy desserts are increasingly recognized for their nutritional benefits, further driving consumer interest and market growth.
The expanding availability of these products in supermarkets, health food stores, and online platforms has also contributed significantly to their accessibility and popularity. Furthermore, the rise of social media as a tool for sharing information and personal experiences has helped demystify and popularize soy-based products, influencing new demographics to try and adopt them into their diets. Together, these dynamics ensure robust growth in the soy desserts market, meeting contemporary consumer demands for health, taste, and sustainability.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Soy Cakes & Pastries segment, which is expected to reach US$59.6 Billion by 2030 with a CAGR of a 4.3%. The Soy Ice Cream segment is also set to grow at 4.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $19.7 Billion in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $20.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AFC Soy Foods, Inc., Archer Daniels Midland Company (ADM), Dairy Farmers of America, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $72.3 Billion |
| Forecasted Market Value (USD) by 2030 | $95.2 Billion |
| Compound Annual Growth Rate | 4.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Soy Desserts – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- The Rise of Plant-based Eating Trends Drives Growth in the Soy Desserts Market
- Health Benefits Associated with Soy Boosts Consumer Adoption
- Innovations in Soy Dessert Flavors and Textures Attract a Broader Consumer Base
- Environmental Concerns Promote the Adoption of Soy-Based Products Over Dairy
- Allergen-Free Claims Appeal to Consumers with Dietary Restrictions
- The Impact of Vegan Influencers and Dieticians on Consumer Preferences
- Consumer Demand for Organic and Non-GMO Products Influences Market Trends
- Globalization of Consumer Palates Encourages Introduction of Exotic Soy Dessert Flavors
- Growing Interest in Sustainable Agriculture Practices Among Soy Producers
- Dietary Trends Promoting Low-sugar and Low-fat Options Impact Product Development
FOCUS ON SELECT PLAYERS(Total 86 Featured)
- AFC Soy Foods, Inc.
- Archer Daniels Midland Company (ADM)
- Dairy Farmers of America, Inc.
- Danone North America Public Benefit Corporation
- Danone S.A.
- Double Rainbow Ice Cream
- Eden Foods, Inc.
- House Foods America Corporation
- Kerry Group plc
- Kikkoman Corporation
- NOW Health Group, Inc. (Now Foods)
- Sanitarium Health Food Company
- Sojasun
- Tofutti Brands Inc.
- Vitalia Health Food
For more information about this report visit https://www.researchandmarkets.com/r/qfa2xi
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- Global Soy Desserts Market
