The Soybean Food And Beverage Products Global Market Report 2023, provides comprehensive information on the soybean food and beverage products market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
Learn More On The Soybean Food And Beverage Products Market’s Growth:
The global soybean food and beverages products market is expected to grow from $50.49 billion in 2022 to $53.03 billion in 2023 at a compound annual growth rate (CAGR) of 5.03%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The soybean food and beverages products market are expected to reach $65.43 billion in 2027 at a CAGR of 5.40%.
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Product innovation is the key trend gaining popularity in the soybean food and beverage products market. Major companies operating in the soybean food and beverage products market are focusing on developing innovative soybean food and beverage products for consumers to benefit from soybeans’ health benefits. For instance, in March 2022 Otsuka pharmaceuticals co. ltd., a Japan-based pharmaceutical company launched SOYJOY, a series of innovative whole-soy nutrition bars. The product integrates fruits, nuts, and other components into a gluten-free dough made from whole soybean flour, resulting in a diverse range of foods with distinct textures and flavors. This product supports healthy, positive between-meal consumption with the new added value of a plant-based lineup, providing a quick, delicious, and fun method to make use of soy, a representative source of plant protein.
The soybean food and beverage products market is segmented:
1) By Type: Soybean Food Products, Soybean Additives/Ingredients, Soybean Oil
2) By Source: Genetically Modified (GM), Non-Genetically Modified (Non-GM) /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
North America was the largest region in the soybean food and beverage products market in 2022.
The table of contents in TBRC’s soybean food and beverage products market report includes:
1. Executive Summary
2. Soybean Food And Beverage Products Market Characteristics
3. Soybean Food And Beverage Products Market Trends And Strategies
4. Soybean Food And Beverage Products Market – Macro Economic Scenario
5. Soybean Food And Beverage Products Market Segmentation
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26. South America Soybean Food And Beverage Products Market
27. Brazil Soybean Food And Beverage Products Market
28. Middle East Soybean Food And Beverage Products Market
29. Africa Soybean Food And Beverage Products Market
30. Soybean Food And Beverage Products Market Competitive Landscape And Company Profiles
Top Major Players:
- Cargill Incorporated
- The Archer-Daniels-Midland Company
- Nestle SA
- Willmar International Limited
- CHS Inc
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