The soy milk market is anticipated to grow at a CAGR of around 6% during the forecast period. Soy milk is made solely from soybeans seeds and has a number of health benefits. Soy can reduce hyper pigmentation and have anti-aging properties, which are anticipated to fuel its demand, especially among the female population. In addition to this, hair loss is one of the most common problems across the globe, and soy milk when combined with a protein-rich diet promotes good hair growth. This is also expected to increase the shares of the soy milk market during the forecast period.

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The global soy milk market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to exhibit significant growth in the soy milk market during the forecast period. The growth of the market in the region is owing to the change in lifestyle and coupled with the increasing disposable income.

Europe along with North America is also anticipated to be considerable region in the soy milk market. The growth of the market is owing to the increasing adoption of dairy alternative beverages such as soy milk coupled with the strong presence of market players.

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The global soy milk market is segmented based on type and application. Based on the type , the market is bifurcated into plain soy milk and flavored soy milk. Plain soy milk is estimated to contribute a significant share to the market. Further, based on the application the market is sub-segmented into desserts, cheese & snacks, and beverages.

Global Soy Milk Market – Segmentation
by Type
Plain Soy Milk
Flavored Soy Milk
by Application
Desserts
Cheese&Snacks
Beverages

Global Soy Milk Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Adisoy Foods & Beverages Pvt. Ltd.
Asahi Group Holdings Ltd.
Bonsoy Beverage Co.
Chetran Foods Pvt. Ltd.
Dairy Farmers of America, Inc.
Danone SA
Devansoy Inc.
DuPont de Nemours, Inc.
Earth’s Own Food Co. Inc.
FUJI OIL CO., LTD.
Green Spot Co., Ltd.
Invigorate Foods Pvt Ltd.
Johars Group
Kikkoman Corp.
Lactasoy co.th
Marusan-AI Co., Ltd.
MUSO co., Ltd.
Natur-a Foods
NOW Health Group, Inc.
Pacific Foods of Oregon, LLC
SunOpta Inc.
The Hain Celestial Group, Inc.
The Hershey Co.
Vietnam Soya Products Co.
Vitasoy International Holdings Ltd.

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