Soy Beverages Market
Soy Beverages Market Forecasts to 2028 - Global Analysis By Type (Organic, Conventional and Other Types), By Flavour (Flavoured Soy Beverages, Unflavoured Soy Beverages, Plain Soy Beverages and Other Flavours), By Distribution Channel, By Product and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $22.5 BN |
|
Projected Year Value (2028) |
US $36.1 BN |
|
CAGR (2022 - 2028) |
8.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Soy Beverages Market is accounted for $22.5 billion in 2022 and is expected to reach $36.1 billion by 2028 growing at a CAGR of 8.2% during the forecast period. The term "soy beverage" refers to the category of drinks that are recognised as being a good source of nutrients and a substitute for milk. This type of beverage is made from plants and is created by taking the nutrients out of soybeans. Many vegetarian and vegan recipes demand for soy milk, soy drink, or soy beverage in their original, unenriched forms. In order to make shakes, smoothies, soy yoghurt, and a wide range of other foods, it is used in place of dairy milk. Soy milk is particularly popular in China and Japan.
Market Dynamics:
Driver:
Rising popularity of plant-based beverages
Due to the growing consumer demand for dairy alternatives, the worldwide soy beverage market is expanding at a promising pace. There are a number of reasons for the rising popularity of non-dairy milk, including lactose intolerance, lactose allergies, and the popular vegan or plant-based diet. Concerns over dairy cattle's use of hormones, antibiotics, and saturated fat are growing, which is driving up demand for soy milk and other plant-based beverages. Additionally, the high protein profile of soy drinks is helping them become more popular as a result of growing consumer demand for plant proteins.
Restraint:
Availability of other plant-based beverage alternatives
A significant barrier to the expansion of the global soy beverage market is anticipated to be the availability of other plant-based, non-dairy beverages. Due to their flavour characteristics, plant-based beverages created with components like cashews, almonds, and oats are becoming more and more popular with consumers. Functional beverages made with oats, for instance, are popular because of their great nutritional value. These elements are hindering the market growth.
Opportunity:
New product launch
The market is expanding as a result of the numerous new product developments and advancements in the soy beverage category. Manufacturers are projected to increase demand for these products through the use of cutting-edge techniques, including fortifying soy beverages with specific nutrients to make them more similar to dairy milk and packaging improvements. Soy milk and yoghurt-based consumable goods have been introduced more frequently in the global market for soy beverages. In order to overcome market rivalry, vendors use strategies like launching new products. To gain more market share, they make investments in the creation of innovative soy beverages. For instance, the Seoul Dairy Cooperative in South Korea introduced Achimae soy milk in August 2018. This nutrient-dense soy milk beverage is enhanced with chickpea protein and comes in a microwaveable aseptic carton pack.
Threat:
Soy allergy and its side effects
Soymilk is generally safe to consume and doesn't have any negative side effects. But if an individual has a soy allergy, they should stay away from soy milk. Soy allergy stands among the top nine food allergies, according to Food Allergy Research and Education (FARE). Due to the widespread usage of soy in processed foods, such as soy lecithin and soybean oil, it can be difficult to eliminate. Soy milk can cause some people to have mild side effects like stomach aches, skin rashes or itching, stuffy noses, and wheezing. Diarrhoea, vomiting, and, in rare instances, anaphylactic shock are more serious adverse effects.
Covid-19 Impact:
Due to the COVID-19 outbreak in 2020, suppliers in the regional soy beverage sector experienced adverse effects on their business operations. However, the nationwide lockdowns were revoked in H2 2021 as a result of the availability of vaccines, higher vaccination rates among the populace, and a drop in COVID-19 cases. As a result, as retail establishments such as grocery stores, convenience stores, hypermarkets, and supermarkets reopened in the area, demand for soy beverages returned to normal. Consumers in the area have begun to take their health more seriously since the COVID-19 outbreak. Due to improved consumer awareness and the adoption of better lifestyles, there is a growing preference for healthier food and beverage options.
The soy milk segment is expected to be the largest during the forecast period
Soy milk surpasses almond milk in terms of protein; regular almond milk may have less calories—just 47 per cup—but only supplies 1.6 g of protein, according to the USDA. This segment dominated the market in 2022 and is predicted to hold the largest share over the forecast period. Moreover, pea protein can be utilised in almond milk products with additional protein to increase the protein content, but consumers should always check the product labels to be assured.
The Supermarkets/Hypermarkets segment is expected to have the highest CAGR during the forecast period
Because supermarkets and hypermarkets provide customers with more competitive prices compared to traditional stores, it is anticipated that this segment will see the highest CAGR during the forecast period. Additionally, these shops have sufficient refrigeration to preserve products' attributes without compromising their freshness for longer periods of time. However, supermarkets and hypermarkets provide enough shelf space for the items to be demonstrated, and soymilk is available in a variety of flavours in addition to its natural flavour and a number of fortifications.
Region with largest share:
Owing to the growing trend of healthy drinking in the region, North America is predicted to have the largest share during the projected period. The rise in popularity of ready-to-drink beverages as healthy snacks has been associated with industry expansion in the area. Furthermore, due to customers' growing awareness of their health benefits, vegan, non-GMO, and non-dairy beverages are becoming increasingly popular. However, to accommodate the region's rising demand for soy beverages, the leading companies are launching novel brands.
Region with highest CAGR:
Due to increased disposable incomes, rising concerns about dairy milk, and the need for processed foods, Asia-Pacific has the highest growth rate for soy beverages over the extrapolated period. Due to consumer perceptions that plant-based milks are healthier than dairy milk, demand for them is rising in the area. Additionally, demand for plant-based soft drinks is anticipated to rise as tourism and hospitality expand. Moreover, due to the ageing population and rising rates of lifestyle diseases in Asia Pacific, consumers are migrating towards functional foods that provide a wide range of health benefits.
Key players in the market
Some of the key players in Soy Beverages market include Danone SA, Devansoy, Eden Foods, Jaffe Bros. Natural Foods, Kikkoman Pearl Soy Milk, Lam Soon Group, Nestle SA, Organic Valley, Otsuka Pharmaceutical Co., Ltd., Pacific Foods of Oregon Llc, PureHarvest, The Hain Celestial Group, Tofusan Co. Ltd., Trader Joe's and ZenSoy.
Key Developments:
In March 2020, Japanese Beverage Company Asahi launched a plant-based version of its cultured milk drink Calpis, using soy milk instead of dairy milk.
In January 2018, Hershey’s launched its soy milk beverage, Sofit in the United States after its tremendous success in India.
Types Covered:
• Organic
• Conventional
• Other Types
Flavours Covered:
• Flavoured Soy Beverages
• Unflavoured Soy Beverages
• Plain Soy Beverages
• Other Flavours
Distribution Channels Covered:
• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Sales Channel
• Pharmacies/Drug Stores
• Departmental Stores
• Other Distribution Channels
Products Covered:
• Soy-Based Drinkable Yogurt
• Soy Milk
• Other Products
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Soy Beverages Market, By Type
5.1 Introduction
5.2 Organic
5.3 Conventional
5.4 Other Types
6 Global Soy Beverages Market, By Flavour
6.1 Introduction
6.2 Flavoured Soy Beverages
6.3 Unflavoured Soy Beverages
6.4 Plain Soy Beverages
6.5 Other Flavours
7 Global Soy Beverages Market, By Distribution Channel
7.1 Introduction
7.2 Supermarkets/Hypermarkets
7.3 Convenience Stores
7.4 Specialty Stores
7.5 Online Sales Channel
7.5.1 E Commerce Platform
7.5.2 Company Website
7.6 Pharmacies/Drug Stores
7.7 Departmental Stores
7.8 Other Distribution Channels
8 Global Soy Beverages Market, By Product
8.1 Introduction
8.2 Soy-Based Drinkable Yogurt
8.3 Soy Milk
8.4 Other Products
9 Global Soy Beverages Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Danone SA
11.2 Devansoy
11.3 Eden Foods
11.4 Jaffe Bros. Natural Foods
11.5 Kikkoman Pearl Soy Milk
11.6 Lam Soon Group
11.7 Nestle SA
11.8 Organic Valley
11.9 Otsuka Pharmaceutical Co., Ltd.
11.10 Pacific Foods of Oregon Llc
11.11 PureHarvest
11.12 The Hain Celestial Group
11.13 Tofusan Co. Ltd.
11.14 Trader Joe's
11.15 ZenSoy
List of Tables
1 Global Soy Beverages Market Outlook, By Region (2020-2028) ($MN)
2 Global Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
3 Global Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
4 Global Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
5 Global Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
6 Global Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
7 Global Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
8 Global Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
9 Global Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
10 Global Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
11 Global Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
12 Global Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
13 Global Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
14 Global Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
15 Global Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
16 Global Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
17 Global Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
18 Global Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
19 Global Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
20 Global Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
21 Global Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
22 Global Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
23 Global Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
24 Global Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
25 North America Soy Beverages Market Outlook, By Country (2020-2028) ($MN)
26 North America Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
27 North America Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
28 North America Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
29 North America Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
30 North America Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
31 North America Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
32 North America Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
33 North America Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
34 North America Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
35 North America Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
36 North America Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
37 North America Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
38 North America Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
39 North America Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
40 North America Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
41 North America Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
42 North America Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
43 North America Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
44 North America Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
45 North America Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
46 North America Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
47 North America Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
48 North America Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
49 Europe Soy Beverages Market Outlook, By Country (2020-2028) ($MN)
50 Europe Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
51 Europe Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
52 Europe Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
53 Europe Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
54 Europe Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
55 Europe Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
56 Europe Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
57 Europe Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
58 Europe Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
59 Europe Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
60 Europe Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
61 Europe Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
62 Europe Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
63 Europe Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
64 Europe Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
65 Europe Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
66 Europe Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
67 Europe Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
68 Europe Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
69 Europe Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
70 Europe Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
71 Europe Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
72 Europe Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
73 Asia Pacific Soy Beverages Market Outlook, By Country (2020-2028) ($MN)
74 Asia Pacific Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
75 Asia Pacific Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
76 Asia Pacific Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
77 Asia Pacific Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
78 Asia Pacific Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
79 Asia Pacific Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
80 Asia Pacific Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
81 Asia Pacific Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
82 Asia Pacific Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
83 Asia Pacific Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
84 Asia Pacific Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
85 Asia Pacific Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
86 Asia Pacific Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
87 Asia Pacific Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
88 Asia Pacific Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
89 Asia Pacific Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
90 Asia Pacific Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
91 Asia Pacific Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
92 Asia Pacific Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
93 Asia Pacific Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
94 Asia Pacific Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
95 Asia Pacific Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
96 Asia Pacific Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
97 South America Soy Beverages Market Outlook, By Country (2020-2028) ($MN)
98 South America Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
99 South America Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
100 South America Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
101 South America Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
102 South America Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
103 South America Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
104 South America Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
105 South America Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
106 South America Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
107 South America Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
108 South America Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
109 South America Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
110 South America Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
111 South America Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
112 South America Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
113 South America Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
114 South America Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
115 South America Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
116 South America Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
117 South America Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
118 South America Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
119 South America Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
120 South America Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
121 Middle East & Africa Soy Beverages Market Outlook, By Country (2020-2028) ($MN)
122 Middle East & Africa Soy Beverages Market Outlook, By Type (2020-2028) ($MN)
123 Middle East & Africa Soy Beverages Market Outlook, By Organic (2020-2028) ($MN)
124 Middle East & Africa Soy Beverages Market Outlook, By Conventional (2020-2028) ($MN)
125 Middle East & Africa Soy Beverages Market Outlook, By Other Types (2020-2028) ($MN)
126 Middle East & Africa Soy Beverages Market Outlook, By Flavour (2020-2028) ($MN)
127 Middle East & Africa Soy Beverages Market Outlook, By Flavoured Soy Beverages (2020-2028) ($MN)
128 Middle East & Africa Soy Beverages Market Outlook, By Unflavoured Soy Beverages (2020-2028) ($MN)
129 Middle East & Africa Soy Beverages Market Outlook, By Plain Soy Beverages (2020-2028) ($MN)
130 Middle East & Africa Soy Beverages Market Outlook, By Other Flavours (2020-2028) ($MN)
131 Middle East & Africa Soy Beverages Market Outlook, By Distribution Channel (2020-2028) ($MN)
132 Middle East & Africa Soy Beverages Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
133 Middle East & Africa Soy Beverages Market Outlook, By Convenience Stores (2020-2028) ($MN)
134 Middle East & Africa Soy Beverages Market Outlook, By Specialty Stores (2020-2028) ($MN)
135 Middle East & Africa Soy Beverages Market Outlook, By Online Sales Channel (2020-2028) ($MN)
136 Middle East & Africa Soy Beverages Market Outlook, By E Commerce Platform (2020-2028) ($MN)
137 Middle East & Africa Soy Beverages Market Outlook, By Company Website (2020-2028) ($MN)
138 Middle East & Africa Soy Beverages Market Outlook, By Pharmacies/Drug Stores (2020-2028) ($MN)
139 Middle East & Africa Soy Beverages Market Outlook, By Departmental Stores (2020-2028) ($MN)
140 Middle East & Africa Soy Beverages Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
141 Middle East & Africa Soy Beverages Market Outlook, By Product (2020-2028) ($MN)
142 Middle East & Africa Soy Beverages Market Outlook, By Soy-Based Drinkable Yogurt (2020-2028) ($MN)
143 Middle East & Africa Soy Beverages Market Outlook, By Soy Milk (2020-2028) ($MN)
144 Middle East & Africa Soy Beverages Market Outlook, By Other Products (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
