DUBLIN, September 22, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/p4t3gn/global_soy_food) has announced the addition of the "Global Soy Food Market 2014-2018" report to their offering.
Soy food products, such as tofu and soy milk, have been consumed as traditional foods in Asia. With a rise in awareness of the health benefits of soy food, it has gained popularity worldwide, and, currently, it is among the most consumed food products. Earlier, soy food products in retail stores were restricted to tofu, soy milk, and poorly textured meat substitutes; but seeing the increased popularity and demand for soy food products, food manufacturers have introduced new technologies and launched new and tasty soy food products in the market.
The analysts forecast the Global Soy Food market will grow at a CAGR of 6.26 percent over the period 2013-2018.
The Global Soy Food market can be divided into three segments: Whole Soy Foods, Soy Additives, and Soy Oils. The Whole Soy Foods segment was the largest segment in 2013, accounting for more than 50 percent of the market.
The report, the Global Soy Food Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Global Soy Food market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major emerging trends in this market is the rising awareness of vegan diet. People are adopting vegan diets due to ethical concern toward animals, the environment, and better health.
In addition, people perceive a vegan diet to be a healthy diet and prefer consuming dairy alternatives such as soy milk, almond milk, rice milk, coconut milk, hazelnut milk, oat milk, and hemp milk as substitutes for dairy milk. Vegan diet followers and healthy diet adopters are the major target consumers of soy food manufacturers.
According to the report, one of the major drivers in this market is the increasing aging population globally. With the increase in the aging population (who are the potential and primary consumers of soy food), the consumption of soy food products has also increased. The majority of the demand for soy food products is from the APAC region.
Further, the report states that one of the major challenges that this market faces is the effect of natural disasters and adverse weather conditions. This leads to an increase in the price of raw materials, which increases the manufacturing and processing costs of soy food products.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Archer Daniels Midland Co. (ADM)
- Cargill Inc.
- The Hain Celestial Group Inc.
- The WhiteWave Foods Co.
- Blue Diamond Growers
- Earth's Own Food Company
- Eden Foods
- Freedom Foods Group
- Living Harvest
- Pacific Foods
- Panos Brands
- Stremick's Heritage Foods
- Turtle Mountain and Vitasoy.
For more information visit http://www.researchandmarkets.com/research/p4t3gn/global_soy_food
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets