(Entertainment-NewsWire.com, November 24, 2017 ) The Asia Pacific Soy Beverages Market was worth USD 910 million in 2016 and estimated to be growing at a CAGR of 6.1%, to reach USD 1.23 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 growth of the Asia Pacific Soy Beverages Market is mainly driven by 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 Asia Pacific 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 Asia Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.
The major players operating in the Global 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 Channel Market Attractiveness Analysis, By Distribution Channel Market Share Analysis, By Distribution Channel