The global Soy Based Milk Substitutes market size was valued at USD 4732 million in 2023 and is forecast to a readjusted size of USD 7228.6 million by 2030 with a CAGR of 6.2% during review period.
Soy milk is a popular plant-based milk alternative.
The increase in cases of lactose intolerance and milk allergies, growing investments in plant-based milk market, an increasing vegan and vegetarian population, and nutritional benefits of plant-based milk and the increasing adoption of Dairy-Free Milk Substitute in developing countries will drive growth in global market.
This report includes an overview of the development of the Soy Based Milk Substitutes industry chain, the market status of Beverages (Soy Milk Powder, Liquid Soy Milk), Desserts (Soy Milk Powder, Liquid Soy Milk), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Soy Based Milk Substitutes.
Regionally, the report analyzes the Soy Based Milk Substitutes markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Soy Based Milk Substitutes market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Soy Based Milk Substitutes market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Soy Based Milk Substitutes industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Ton), revenue generated, and market share of different by Type (e.g., Soy Milk Powder, Liquid Soy Milk).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Soy Based Milk Substitutes market.
Regional Analysis: The report involves examining the Soy Based Milk Substitutes market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Soy Based Milk Substitutes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Soy Based Milk Substitutes:
Company Analysis: Report covers individual Soy Based Milk Substitutes manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Soy Based Milk Substitutes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Beverages, Desserts).
Technology Analysis: Report covers specific technologies relevant to Soy Based Milk Substitutes. It assesses the current state, advancements, and potential future developments in Soy Based Milk Substitutes areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Soy Based Milk Substitutes market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Soy Based Milk Substitutes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Soy Milk Powder
Liquid Soy Milk
Market segment by Application
Beverages
Desserts
Bakery
Others
Major players covered
Ripple Foods
Danone
VV Group
Dali Group
Noumi
Kikkoman Corporation
Vitasoy
Yili
Marusan-Ai
Nutrisoya Foods
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Soy Based Milk Substitutes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Soy Based Milk Substitutes, with price, sales, revenue and global market share of Soy Based Milk Substitutes from 2019 to 2024.
Chapter 3, the Soy Based Milk Substitutes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Soy Based Milk Substitutes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Soy Based Milk Substitutes market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Soy Based Milk Substitutes.
Chapter 14 and 15, to describe Soy Based Milk Substitutes sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Soy Based Milk Substitutes
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Soy Based Milk Substitutes Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Soy Milk Powder
1.3.3 Liquid Soy Milk
1.4 Market Analysis by Application
1.4.1 Overview: Global Soy Based Milk Substitutes Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Beverages
1.4.3 Desserts
1.4.4 Bakery
1.4.5 Others
1.5 Global Soy Based Milk Substitutes Market Size & Forecast
1.5.1 Global Soy Based Milk Substitutes Consumption Value (2019 & 2023 & 2030)
1.5.2 Global Soy Based Milk Substitutes Sales Quantity (2019-2030)
1.5.3 Global Soy Based Milk Substitutes Average Price (2019-2030)
2 Manufacturers Profiles
2.1 Ripple Foods
2.1.1 Ripple Foods Details
2.1.2 Ripple Foods Major Business
2.1.3 Ripple Foods Soy Based Milk Substitutes Product and Services
2.1.4 Ripple Foods Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Ripple Foods Recent Developments/Updates
2.2 Danone
2.2.1 Danone Details
2.2.2 Danone Major Business
2.2.3 Danone Soy Based Milk Substitutes Product and Services
2.2.4 Danone Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Danone Recent Developments/Updates
2.3 VV Group
2.3.1 VV Group Details
2.3.2 VV Group Major Business
2.3.3 VV Group Soy Based Milk Substitutes Product and Services
2.3.4 VV Group Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 VV Group Recent Developments/Updates
2.4 Dali Group
2.4.1 Dali Group Details
2.4.2 Dali Group Major Business
2.4.3 Dali Group Soy Based Milk Substitutes Product and Services
2.4.4 Dali Group Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Dali Group Recent Developments/Updates
2.5 Noumi
2.5.1 Noumi Details
2.5.2 Noumi Major Business
2.5.3 Noumi Soy Based Milk Substitutes Product and Services
2.5.4 Noumi Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Noumi Recent Developments/Updates
2.6 Kikkoman Corporation
2.6.1 Kikkoman Corporation Details
2.6.2 Kikkoman Corporation Major Business
2.6.3 Kikkoman Corporation Soy Based Milk Substitutes Product and Services
2.6.4 Kikkoman Corporation Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Kikkoman Corporation Recent Developments/Updates
2.7 Vitasoy
2.7.1 Vitasoy Details
2.7.2 Vitasoy Major Business
2.7.3 Vitasoy Soy Based Milk Substitutes Product and Services
2.7.4 Vitasoy Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Vitasoy Recent Developments/Updates
2.8 Yili
2.8.1 Yili Details
2.8.2 Yili Major Business
2.8.3 Yili Soy Based Milk Substitutes Product and Services
2.8.4 Yili Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Yili Recent Developments/Updates
2.9 Marusan-Ai
2.9.1 Marusan-Ai Details
2.9.2 Marusan-Ai Major Business
2.9.3 Marusan-Ai Soy Based Milk Substitutes Product and Services
2.9.4 Marusan-Ai Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Marusan-Ai Recent Developments/Updates
2.10 Nutrisoya Foods
2.10.1 Nutrisoya Foods Details
2.10.2 Nutrisoya Foods Major Business
2.10.3 Nutrisoya Foods Soy Based Milk Substitutes Product and Services
2.10.4 Nutrisoya Foods Soy Based Milk Substitutes Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Nutrisoya Foods Recent Developments/Updates
3 Competitive Environment: Soy Based Milk Substitutes by Manufacturer
3.1 Global Soy Based Milk Substitutes Sales Quantity by Manufacturer (2019-2024)
3.2 Global Soy Based Milk Substitutes Revenue by Manufacturer (2019-2024)
3.3 Global Soy Based Milk Substitutes Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of Soy Based Milk Substitutes by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 Soy Based Milk Substitutes Manufacturer Market Share in 2023
3.4.2 Top 6 Soy Based Milk Substitutes Manufacturer Market Share in 2023
3.5 Soy Based Milk Substitutes Market: Overall Company Footprint Analysis
3.5.1 Soy Based Milk Substitutes Market: Region Footprint
3.5.2 Soy Based Milk Substitutes Market: Company Product Type Footprint
3.5.3 Soy Based Milk Substitutes Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Soy Based Milk Substitutes Market Size by Region
4.1.1 Global Soy Based Milk Substitutes Sales Quantity by Region (2019-2030)
4.1.2 Global Soy Based Milk Substitutes Consumption Value by Region (2019-2030)
4.1.3 Global Soy Based Milk Substitutes Average Price by Region (2019-2030)
4.2 North America Soy Based Milk Substitutes Consumption Value (2019-2030)
4.3 Europe Soy Based Milk Substitutes Consumption Value (2019-2030)
4.4 Asia-Pacific Soy Based Milk Substitutes Consumption Value (2019-2030)
4.5 South America Soy Based Milk Substitutes Consumption Value (2019-2030)
4.6 Middle East and Africa Soy Based Milk Substitutes Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
5.2 Global Soy Based Milk Substitutes Consumption Value by Type (2019-2030)
5.3 Global Soy Based Milk Substitutes Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
6.2 Global Soy Based Milk Substitutes Consumption Value by Application (2019-2030)
6.3 Global Soy Based Milk Substitutes Average Price by Application (2019-2030)
7 North America
7.1 North America Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
7.2 North America Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
7.3 North America Soy Based Milk Substitutes Market Size by Country
7.3.1 North America Soy Based Milk Substitutes Sales Quantity by Country (2019-2030)
7.3.2 North America Soy Based Milk Substitutes Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
8.2 Europe Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
8.3 Europe Soy Based Milk Substitutes Market Size by Country
8.3.1 Europe Soy Based Milk Substitutes Sales Quantity by Country (2019-2030)
8.3.2 Europe Soy Based Milk Substitutes Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Soy Based Milk Substitutes Market Size by Region
9.3.1 Asia-Pacific Soy Based Milk Substitutes Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific Soy Based Milk Substitutes Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
10.2 South America Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
10.3 South America Soy Based Milk Substitutes Market Size by Country
10.3.1 South America Soy Based Milk Substitutes Sales Quantity by Country (2019-2030)
10.3.2 South America Soy Based Milk Substitutes Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa Soy Based Milk Substitutes Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Soy Based Milk Substitutes Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Soy Based Milk Substitutes Market Size by Country
11.3.1 Middle East & Africa Soy Based Milk Substitutes Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa Soy Based Milk Substitutes Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 Soy Based Milk Substitutes Market Drivers
12.2 Soy Based Milk Substitutes Market Restraints
12.3 Soy Based Milk Substitutes Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Soy Based Milk Substitutes and Key Manufacturers
13.2 Manufacturing Costs Percentage of Soy Based Milk Substitutes
13.3 Soy Based Milk Substitutes Production Process
13.4 Soy Based Milk Substitutes Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Soy Based Milk Substitutes Typical Distributors
14.3 Soy Based Milk Substitutes Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Ripple Foods
Danone
VV Group
Dali Group
Noumi
Kikkoman Corporation
Vitasoy
Yili
Marusan-Ai
Nutrisoya Foods
听
听
*If Applicable.