(Food-Beverage-News.Com, October 23, 2017 ) The North America Soy Beverages Market was worth USD 1.82 billion in 2016 and estimated to be growing at a CAGR of 5.6%, to reach USD 2.40 billion by 2021. Soybean-based foods, apart from being a whole source of protein, also comprise other important nutrients, such as fiber, B vitamins and Omega3 fatty acids. All these nutrients play an imperative role in the growth of infants, fetal growth in pregnant women, and provide various other benefits for children and adults alike.
Soy beverages are used up because of the increased availability of soy, and the scientific truths that prove the many health benefits of the beans; including lowering blood cholesterol and reducing the risk of certain cancers. Additionally, soy beverages are disbursed as a replacement for lesser-healthy drinks because of their nutrition.
The North America Soy Beverages market is driven by factors including the rising health consciousness, as an alternative to meat and other animal products, in the developing and developed regions of the world. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the market.
The North America Soy Beverages market is segmented on the basis of product type and by region. On the basis of product type, the market is distributed among soy milk and yogurt smoothies. Based on Distribution Channel, the market is segmented into Supermarket/hypermarket, Retail stores, online stores and others.
The North America market has been geographically segmented into segmented into US and Canada. The North American region holds the major stake in the aggregate income of Global Soy Beverages market in 2016 because of noteworthy growth in consumption, brought about by established distribution channels.
The major players operating in the North America Soy drinks industry include Silk, Organic Valley, Kikkoman Pearl Soy Milk. West Soy, Eden Foods, Zen Soy, Trader Joes, Jaffe Bros. Natural Foods and Devansoy.
Market Segmentation
1)Product Type Introduction Soy Milk Yogurt Smoothies Y-o-Y Growth Analysis, By Product Type Market Attractiveness Analysis, By Product Typpe Market Share Analysis, By Product Type
2)By Distribution Channel Introduction Supermarket/hypermarket Retail stores Online Stores Y-o-Y Growth Analysis, By Distribution Market Attractiveness Analysis, By Distribution Market Share Analysis, By Distribution Channel
Scope of the report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the north america market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market