(Food-Beverage-News.Com, January 17, 2018 ) Soy dessert is produced from soy milk and has been gaining popularity due to its nutritional value. Soy desserts mostly consist of soy pies, soy cheesecakes, soy pudding, and soy ice creams which are completely dairy free and are manufactured using soy milk.
The Global Soy Desserts market is segmented on the basis of distribution channel and by region. On the basis of distribution channel, the market is distributed among hypermarkets and supermarkets, food and drink specialists, convenience stores and others.
In the past few years, the soy food industry, predominantly soy dessert, has experienced substantial growth and is anticipated to further grow expansively. Soy desserts are expected to gain approval worldwide and the market is expected to witness substantial growth, led by Asia owing to the mounting population in the region.
According to the Global Soy Desserts Market Report, the market was worth USD XX billion in 2016 and estimated to be growing at a CAGR of 5.8%, to reach USD XX billion by 2021.The Global Soy Desserts market is driven by the rising health consciousness, as an alternative to milk, 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 market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, North America led the global Soy Desserts market in terms of market share. The market share in Europe has dwindled owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Soy Desserts in Asia-Pacific area is amplifying because more of consumption.
The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Soy Desserts market in the following years when compared with the seasoned markets of developed regions.
The major players operating in the Global Soy drinks industry include The Hershey Company, Whitewave Services Inc., Danone Group, Dean Foods Co., So Delicious, and Turtle Mountain.
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
