By 2017 global sales of Soy foods will have reached a healthy figure of US $49.4 million. This rise will be primarily down to the consumer's desire for a nutritious, wholesome and healthy diet.
In recent years Soy foods have emerged as an essential dietary ingredient of a balanced diet and a healthier and convenient alternative to existing products in the market. In addition, other factors such as aging population, organic soyfood variants, product innovations and growing popularity in developing markets is likely to further boost long-term growth.
Backed by rapid development, huge population base and rapid growth in the promising markets of China, India, Indonesia and Korea, Asia-Pacific represents the largest and fastest growing regional market surging at a strong CAGR of 6.4%.
Asia also emerges as the leading soy milk consumer worldwide, with a per capita consumption of about 16.4 litres annually. Demand for soy proteins in China and Southeast Asia is progressively expanding, principally due to a gradual shift in people's life styles and dietary habits.
With respect to soy food products, Whole Soy Foods, inclusive of soymilk, soy beverages, meat alternatives, tofu, miso, cereals and others represents the most prominent segment for soy foods.
This report, titled 'Soy Foods: A Global Strategic Business Report,' analyses the worldwide markets for Soy Foods in US $ million by the following Product Segments: Whole Soy Foods, Soy Ingredients, and Soy Oil. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.
The report profiles 138 companies including many key and niche players such as Archer Daniels Midland Company, Dean Foods Company, White Wave Foods Company, Eden Foods, Inc., Galaxy Nutritional Foods, Inc., Gardenburger, Hain Celestial Group, Imagine Foods, Inc., Kikkoman Group, Earth's Own Food Company Inc., The Solae Company, Turtle Island Foods, Inc., Vitasoy International Holdings Limited, and Vitasoy USA, Inc.
For full report details, follow the link: Soy Foods: A Global Strategic Business Report
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