(Food-Beverage-News.Com, May 01, 2018 ) 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, soybeverages 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 Beverages Market include Silk, Organic Valley, Kikkoman Pearl Soy Milk. West Soy, Eden Foods, Zen Soy, Trader Joe’s, Jaffe Bros. Natural Foods and Devansoy.
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