Global Soy Food Market to grow at a CAGR of 6.43% during the period 2016 - 2020; Finds New Report

Report forecast the global soy food market to grow at a CAGR of 6.43% during the period 2016-2020.

The demand for soy food has increased owing to soy's numerous health benefits. Soy food is rich in fiber and a great source of proteins and nutrients, such as vitamin B and omega-3 fatty acids. Food products containing soy protein serve as alternatives to meat and other animal-based products that contain cholesterol and saturated fat. Soy is also known for its ability to reduce blood cholesterol levels.

The report covers the present scenario and the growth prospects of the global soy food market for 2015-2020. To calculate the market size, the report considers revenue generated from the sales of soy food products in the retail industry.

The market is divided into the following segments based on category:

• Whole soy food
• Soy additives
• Soy oils

According to the report, the immense health benefits offered by soy-based food products is expected to spur market growth during the forecast period. Recently, it has been observed that people are becoming more aware of the potential health benefits of soy and are, therefore, consuming food products that contain soy in them. The ability of soy protein to increase the bone density and reduce the risk of heart failure and breast cancer will result in its increased consumption during the forecast period.

Further, the report states that one of the key challenges that confronts the global soy food market is the negative image of soy food products, particularly the risks associated with their consumption.

Global Soy Food Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Soy Food Market: ADM, Cargill, WhiteWave Foods and The Hein-Celestial Group.

Other Prominent Vendors in the market are: Blue Diamond Growers, DuPont, Dean Foods, Northern Soy, Earth's Own Food Company, Eden Foods, Freedom Foods Group, Living Harvest, Kellogg, SunOpta, Nutriops, Pacific Foods, House Foods America Holding, Harvest Innovations, Living Harvest, Pinnacle, Stremick's Heritage Foods, House Foods America Corporation, Scoular, Vitasoy, and Tofurky.

Market driver

• Health benefits
• For a full, detailed list, view our report

Market challenge

• Negative image of soy food products
• For a full, detailed list, view our report

Market trend

• Rising popularity of veganism
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 46 pages and 23 Exhibit “Global Soy Food Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation  by product, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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