Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Soybean Food And Beverage Products Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Soybean Food And Beverage Products Industry in 2024 and 2025?
The soybean food and beverage products market size has grown steadily in recent years. It will grow from $55.86 billion in 2024 to $58.38 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to a rise in health consciousness, heart health benefits, dairy alternatives, government support for soy cultivation, and globalization of food markets.
What Is the Projected Market Size of the Soybean Food And Beverage Products Market in 2029?
The Soybean Food And Beverage Products Global Market is expected to reach a value of $74.21 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.2%.
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What Are the Key Drivers of Soybean Food And Beverage Products Market Growth?
The key drivers in the soybean food and beverage products market are:
• Rising demand for vegan food products
• The versatility of soybeans as an ingredient in a range of vegan food products
• Soybeans act as a high-quality source of plant-based protein
• The trend of using cruelty-free and sustainable alternatives in food production.
What Are the Primary Segmentation Categories in the Soybean Food And Beverage Products Market?
The soybean food and beverage productsmarket covered in this report is segmented –
1) By Type: Soybean Food Products, Soybean Additives Or Ingredients, Soybean Oil
2) By Source: Genetically Modified (GM), Non-Genetically Modified (Non-GM) Or Genetically Engineered (GM)
3) By Distribution Channel: Supermarkets, Hypermarkets, Specialty Stores, Online Retailers, Convenience Stores, Departmental Stores, Other Distribution Channels
4) By Applications: Bakery And Confectionery, Animal Feed, Dairy Products, Functional Food And Supplements, Meat Products, Infant Foods, Other Applications
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What Are the Major Trends Shaping the Soybean Food And Beverage Products Market in 2025 and Beyond?
The key trends in the soybean food and beverage products market are:
• There is an increasing trend towards product innovation in the soybean food and beverage products market.
• Major companies in the market are showing greater focus on developing new and unique soybean products.
• There is growing recognition of the health benefits of soybeans, leading to its increased incorporation in food and beverage offerings.
• The introduction of plant-based, protein-rich products, like whole-soy nutrition bars, signifies a major trend in the market.
Who Are the Emerging Players in the Soybean Food And Beverage Products Market?
Major players in the soybean food and beverage products market are:
• Cargill Incorporated
• The Archer-Daniels-Midland Company
• Nestle SA
• Willmar International Limited
• CHS Inc.
• Danone SA
• Conagra Brands Inc.
• Kerry Group Plc.
• Caramuru Alimentos S.A.
• Kikkoman Group
• The WhiteWave Foods Company
• Patanjali Foods Limited
• Hain Celestial Group
• Monde Nissin Corporation
• Vitasoy International
• Barentz International BV
• The Scoular Company
• SunOpta Inc.
• Alpro
• Impossible Foods Inc.
• Pacific Foods of Oregon LLC
• Eden Foods Inc.
• Sotexpro
• Good Catch Foods
• Burcon NutraScience Corporation
• Bermil Group
• Rio Pardo Potential Vegetal S.A.
• Northern Soy
• Solbar Ltd.
• Galaxy Nutritional Foods Inc.
Which Regions Are Leading the Growth in the Global Soybean Food And Beverage Products Market?
North America was the largest region in the soybean food and beverages products market in 2024
