Market Research Future (Food and Beverages) Soy Milk Market | Page 3

Soy Milk Market Research Report- Forecast to 2023
2 Market Overview
Soy milk is a type of grain milk, which is a stable emulsion of water, oil and protein. It is produced by soaking dry
soybeans and grinding them with water. Soy is naturally rich in essential fatty acids, vitamins, proteins, fiber and
minerals, which makes a healthy drink as well as it is an excellent source of vitamin A, vitamin B, vitamin D and
magnesium. Since soy milk does not contain lactose, it is a suitable healthy drink for lactose intolerant people, and
it provides all the nutritional benefits to the consumers without any adverse effects.
The increasing population of lactose intolerant people and health-conscious individuals are driving the demand for
soy milk market. Since natural milk may trigger an allergic response in many people, the people are shifting to the
non-dairy soymilk. Soybean cultivators have a good opportunity in the market. However, the peculiar taste of the
soymilk may hamper the growth of soymilk market, which has forced the manufacturers to bring innovations in the
soy milk product line. Soymilk has a wide application such as desserts, snacks, cheese, and other healthy beverages.
The awareness of lactose intolerance among the consumers has added fuel to the growth of soymilk market. Soymilk
is estimated to have high growth rate during the assessment period.
Regional Analysis:
The Global Soymilk Market is segmented into Europe, Asia Pacific, North America and rest of the world (ROW).
Among all, North America accounts for a significant share of global soymilk market followed by Asia Pacific. A large
population of lactose intolerant consumers in these regions is propelling the growth of soymilk market. Moreover, the
rising population of health-conscious people followed by awareness of lactose intolerance add fuel to the growth of
the global soymilk market.
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